301308SZSE
🚨 Material Event

2025 Securities Prospectus for A-Share Issuance to Specific Targets (Registration Draft)

Shenzhen Longsys Electronics Co., Ltd.··149 pages

✨ AI Summary

Longsys Electronics is issuing A-shares to specific targets to raise up to 3.7 billion RMB. The proceeds will fund AI-focused memory R&D, semiconductor storage controller development, advanced packaging and testing, and working capital. This issuance is subject to Shenzhen Stock Exchange review and CSRC registration. The offering price will be determined via competitive bidding, with shares subject to a six-month lock-up period.

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Full Translation

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Securities Code: 301308 Securities Abbreviation: Longsys

Shenzhen Longsys Electronics Co., Ltd.

(Address: Units 2001, 2201, 2301, Tower B, Phase II, Hongrongyuan Qianhai Financial Center, No. 5059 Tinghai Avenue, Nanshan Street, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen)

2025 Securities Prospectus for A-Share Issuance to Specific Targets (Registration Draft)

Sponsor (Lead Underwriter): China Securities Co., Ltd.

May 2026

Statement

The Company and all directors and senior management guarantee that this prospectus and other information disclosure materials do not contain any false records, misleading statements, or major omissions, and bear corresponding legal liability for their authenticity, accuracy, and completeness.

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

Any decisions or opinions made by the CSRC or the exchange regarding this issuance do not indicate their guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor do they constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false representation.

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.

Important Notice

The Company specifically reminds investors to carefully read the full content of this prospectus and pay special attention to the following important matters before making investment decisions or value judgments.

I. Overview of the A-Share Issuance to Specific Targets

  1. Matters related to this issuance have been reviewed and approved by the 14th meeting of the 3rd Board of Directors and the 4th Extraordinary General Meeting of 2025, and have been approved by the Shenzhen Stock Exchange. The issuance plan is subject to the CSRC's approval for registration before implementation.

  2. The number of targets for this issuance shall not exceed 35 (inclusive), consisting of specific investors meeting CSRC requirements, including qualified securities investment fund management companies, securities companies, trust companies, finance companies, insurance institutional investors, qualified foreign institutional investors, and other legal entities, natural persons, or qualified investors. Where securities investment fund management companies, securities companies, or qualified foreign institutional investors subscribe with two or more products under their management, they shall be deemed as one target; trust companies may only subscribe with their own funds.

The targets have not yet been determined. The final targets will be determined by the Board of Directors, as authorized by the General Meeting, following the approval of the issuance by the Shenzhen Stock Exchange and the CSRC, based on bidding results and in consultation with the sponsor (lead underwriter).

All targets shall subscribe for the shares in cash at the same price.

  1. The pricing benchmark date for this issuance is the first day of the issuance period. The issuance adopts a competitive bidding method, with an issuance price not lower than the floor price, which is 80% of the average trading price of the Company's shares for the 20 trading days preceding the pricing benchmark date.

If the Company undergoes ex-rights or ex-dividend events such as dividend distribution, bonus issues, or capitalization of capital reserves between the pricing benchmark date and the issuance date, the floor price will be adjusted accordingly.

  1. The number of shares to be issued is determined by dividing the total proceeds by the issuance price, not exceeding 125,743,580 shares (inclusive) (not exceeding 30% of the total share capital prior to this issuance), and the total proceeds shall not exceed 3.7 billion RMB (inclusive).

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