300904SZSE
🚨 Material Event

Yinchuan Weili Transmission Technology Co., Ltd. Prospectus for Issuance of A-Shares to Specific Targets (Draft)

Weili Transmission Co., Ltd.··101 pages

✨ AI Summary

Yinchuan Weili Transmission Technology Co., Ltd. plans to issue A-shares to no more than 35 specific investors to raise up to 600 million RMB. The proceeds will be used for the Wind Power Gearbox Smart Factory (Phase I) project and to supplement working capital. This issuance is subject to approval by the Shenzhen Stock Exchange and registration with the CSRC. The company warns of potential dilution of earnings per share and investment risks.

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Full Translation

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Stock Code: 300904 Stock Abbreviation: Weili Transmission

Yinchuan Weili Transmission Technology Co., Ltd.

(No. 600, Wencui South Street, Xixia District, Yinchuan City, Ningxia)

Prospectus for Issuance of A-Shares to Specific Targets

(Draft)

Sponsor (Lead Underwriter)

(No. 618, Shangcheng Road, China (Shanghai) Pilot Free Trade Zone)

June 2026

Statement

The Company and all directors and senior management warrant that this prospectus contains no false records, misleading statements, or material omissions, and assume corresponding legal liability for its authenticity, accuracy, and completeness.

The person in charge of the Company, the person in charge of accounting work, and the person in charge of the accounting institution guarantee the authenticity, accuracy, and completeness of the financial and accounting data in this prospectus.

Any decision or opinion made by the CSRC or the Shenzhen Stock Exchange regarding this issuance does not indicate their guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor does it constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false statement.

According to the Securities Law, after the securities are issued in accordance with the law, the issuer is responsible for changes in its operations and earnings. Investors shall independently judge the investment value of the issuer, make their own investment decisions, and bear the investment risks caused by changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.

Significant Matters Notice

The Company specifically reminds investors to pay attention to the following significant matters or risk factors and to carefully read the relevant chapters of this prospectus.

I. Overview of this Issuance of A-Shares to Specific Targets

  1. The relevant matters for the Company's issuance of shares to specific targets have been deliberated and approved at the 33rd meeting of the 3rd Board of Directors, the 34th meeting of the 3rd Board of Directors, the 4th Extraordinary General Meeting of 2025, and the 7th meeting of the 4th Board of Directors. This issuance can only be implemented after being approved by the Shenzhen Stock Exchange and registered by the CSRC.

  2. The targets of this issuance are no more than 35 (inclusive) specific investors, including securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, and other legal persons, natural persons, or other qualified investors that meet the conditions stipulated by the CSRC. Securities investment fund management companies, securities companies, qualified foreign institutional investors, and RMB qualified foreign institutional investors subscribing with two or more products under their management shall be regarded as one target; trust companies subscribing as targets can only use their own funds.

After passing the review by the Shenzhen Stock Exchange and obtaining registration approval from the CSRC, the Board of Directors and its authorized persons will determine the final issuance targets through competitive bidding in accordance with the authorization of the General Meeting and relevant laws, regulations, and normative documents. If there are new national laws or regulations regarding the targets of issuance to specific targets, the Company will make adjustments accordingly.

All subscribers in this issuance will subscribe for the shares in RMB cash.

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