301160SZSE
🚨 Material Event

Listing Announcement of Suzhou Xianglou New Material Co., Ltd. Regarding Issuance of Shares to Specific Targets and Listing on the ChiNext Market

✨ AI Summary

Suzhou Xianglou New Material Co., Ltd. has completed a private placement of 2,060,979 shares at a price of 34.11 RMB per share. The total gross proceeds amounted to approximately 70.30 million RMB, with net proceeds of 68.32 million RMB. The newly issued shares are scheduled for listing on the ChiNext market on July 14, 2026, and are subject to an 18-month lock-up period.

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Full Translation

AI Translation· gemini_document

Stock Abbreviation: Xianglou New Material

Stock Code: 301160

Suzhou Xianglou New Material Co., Ltd.

(Suzhou Xianglou New Material Co., Ltd.)

(Registered Address: No. 285 Xueying Road, Xinying Village, Baqiao Street, Wujiang District, Suzhou City)

[Image: Company Logo]

Listing Announcement for Issuance of Shares to Specific Targets and Listing on the ChiNext Market

Sponsor (Lead Underwriter)

[Image: Huatai United Securities Logo]

July 2026

Special Notice

I. Quantity and Price of Issued Shares

  1. Quantity of issuance: 2,060,979 shares

  2. Issuance price: 34.11 RMB/share

  3. Total gross proceeds: 70,299,993.69 RMB

  4. Net proceeds: 68,321,467.56 RMB

II. Listing Arrangements for New Shares

  1. Number of shares to be listed: 2,060,979 shares

  2. Listing date: July 14, 2026 (first day of listing). On the listing date of the new shares, the company's stock price will not be adjusted for ex-rights, and the stock trading will be subject to price fluctuation limits.

III. Lock-up Period Arrangements for Issuance Targets

The shares subscribed by the issuance targets in this private placement shall not be transferred within 18 months from the date of completion of this issuance. If laws, regulations, or normative documents provide otherwise regarding the lock-up period, such provisions shall prevail.

IV. Upon completion of this issuance, the company's equity distribution meets the listing requirements of the Shenzhen Stock Exchange and will not result in the company failing to meet the conditions for stock listing.

Table of Contents

  1. Company Basic Information

  2. Details of This New Share Issuance

(I) Type and Par Value of Shares

(II) Decision-making Procedures for This Issuance

  1. Internal Decision-making Procedures

  2. Regulatory Review and Registration Process

  3. Issuance Process

(III) Issuance Method

(IV) Issuance Price and Pricing Principles

(V) Quantity of Issuance

(VI) Proceeds and Issuance Expenses

(VII) Receipt of Proceeds and Capital Verification

(VIII) Establishment of Dedicated Proceeds Account and Signing of Tripartite Supervision Agreement

  1. Establishment of Dedicated Proceeds Account

  2. Signing of Tripartite Supervision Agreement

(IX) Registration and Custody of Shares

(X) Issuance Targets

  1. Basic Information of Issuance Targets

  2. Relationship Between Issuance Targets and Issuer, Major Transactions in the Past Year, and Future Arrangements

  3. Verification of Private Equity Fund Filing

  4. Verification of Investor Suitability

  5. Explanation of Source of Funds

(XI) Compliance Conclusion of the Sponsor (Lead Underwriter)

(XII) Compliance Conclusion of the Issuer's Counsel

  1. Listing Details of New Shares

(I) Approval for Listing of New Shares

(II) Securities Abbreviation, Code, and Listing Venue

(III) Listing Date of New Shares

(IV) Lock-up Arrangements for New Shares

  1. Changes in Share Capital and Their Impact

(I) Top Ten Shareholders Before Issuance (as of June 10, 2026)

(II) Top Ten Shareholders After Issuance

(III) Changes in Share Capital Structure Before and After Issuance

(IV) Changes in Shareholdings of Directors and Senior Management

(V) Impact of Share Changes on Earnings Per Share and Net Assets Per Share (Illustration)

  1. Financial Accounting Information Analysis

(I) Key Financial Data

(I) Key Data from Consolidated Balance Sheet

(II) Key Data from Consolidated Income Statement

(III) Key Data from Consolidated Cash Flow Statement

(IV) Key Financial Indicators

(V) Management Discussion and Analysis

  1. Analysis of Overall Financial Position

  2. Solvency Analysis

  3. Operating Capacity Analysis

  4. Profitability Analysis

  5. Institutions Involved in the Issuance and Listing

  6. Sponsor's Listing Recommendation

(I) Signing of Sponsorship Agreement and Designated Sponsor Representatives

(II) Sponsor's Conclusion on Recommending the Listing of New Shares

  1. Other Important Matters

  2. Documents Available for Inspection

(I) Documents Available for Inspection

(II) Inspection Location

(III) Inspection Time

Definitions

In this Listing Announcement, unless the context otherwise requires, the following terms have the following meanings:

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