On December 22, Superstar Agriculture and Animal Husbandry (SH603477, stock price 35.49 yuan, market value 180800 million yuan) announced that it intends to issue ** to no more than 35 (inclusive) specific objects to raise no more than 17500 million yuan, the number of issuance ** is calculated according to the total amount of funds raised by the issuance of **, and does not exceed 30% of the company's total share capital before the issuance.
Among them, the issuance objects include Sichuan Greatstar Enterprise Group, the controlling shareholder of Greatstar Agriculture and Animal Husbandry, hereinafter referred to as Greatstar Group).
Superstar Agriculture and Animal Husbandry emphasized that the use of the funds raised in this issuance revolves around the company's main business. Through the construction of the investment project raised by the funds raised in this issuance, we will continue to expand the scale of pig breeding, continuously improve and optimize the breeding technology and digital intelligence level, and further enhance market competitiveness and industry influence.
After deducting the issuance costs, the raised funds will be mainly used for pig breeding capacity construction projects, breeding technology research and development projects, digital and intelligent construction projects and supplementary working capital.
Among them, the pig breeding capacity construction project plans to use the raised funds 116.7 billion yuan, accounting for more than 60% of the total funds to be raised, and the total investment amount of the project is 192.7 billion yuan, the specific projects include Chongzhou Linxiu boar station construction project, Jiajiang superstar Ganjiang pig farm construction project and other 9 projects, including enclosures, living dormitories, pig sheds, generator rooms, waste harmless treatment facilities, etc.
For the necessity of the construction of such projects, Superstar Agriculture and Animal Husbandry said that after the project reaches production, the company is expected to obtain a good return on investment, which will help to further exert its synergistic advantages in breeding efficiency and cost control capabilities, and enhance the comprehensive strength and profitability of the company's breeding business.
Breeding technology research and development projects plan to use 3278 raised funds460,000 yuan, with a total proposed investment of 5412920,000 yuan, the specific project is Ya'an Superstar Sanjiang Intelligent Pig Park. For the necessity of the construction of the project, Superstar Agriculture and Animal Husbandry said that on the one hand, it is to adapt to the needs of the expanding breeding scale and the company's follow-up development strategy, on the other hand, increasing technology research and development can improve the company's cost and efficiency, and it is also an important part of the company's differentiated competition pattern.
The digital intelligent construction project plans to use 200 million yuan of raised funds, and the total amount of investment is 2200 million yuan, the specific project is the digital intelligent construction project of superstar agriculture, animal husbandry and pig breeding industry chain, the main construction content includes the construction and upgrading of the information system cloud platform, the construction of the digital breeding management platform and the transformation of the digital factory. Superstar Agriculture and Animal Husbandry said that the implementation of this project is conducive to improving the company's refined management level and operational efficiency, and improving breeding production indicators.
It is worth mentioning that the objects of this issuance include the controlling shareholder of Greatstar Agriculture and Animal Husbandry, Greatstar Group. On December 22, Greatstar Agriculture and Animal Husbandry signed a share subscription agreement with effective conditions with Greatstar Group.
The agreement mentions that the superstar group intends to subscribe for the ** issued to specific targets in cash, and the number of subscriptions shall not be less than 5% of the actual number of shares issued, and the number of shares held by the superstar group and its persons acting in concert after the completion of the issuance shall not exceed 30% of the company's total share capital (the mantissa of less than 1 share of the subscribed shares shall be rounded). The final number of subscribed shares will be determined by the relevant parties through negotiation after the confirmation of this subscription**.
In addition, Superstar Group will not participate in the bidding process for the pricing of this offering, but accept the bidding results and subscribe for the same ** of this offering with other investors. If there is no subscription** or no valid ** in this issuance, and the issuance ** is not finally generated by bidding, the superstar group will not participate in the subscription.
Greatstar Group is a large-scale private science and technology holding enterprise integrating large-scale and modern breeding and diversification of new materials. As of September 30, Greatstar Group held 14.9 billion shares, accounting for 29 percent of the company's total share capital54%。
In terms of financial performance, as of the end of last year, the total assets of Superstar Group were 456.1 billion yuan, net assets of 3.1 billion6.1 billion yuan.
The company's controlling shareholder, Greatstar Group, intends to participate in the subscription of the company's issuance in cash, indicating that the company's controlling shareholders support the company's development strategy and confidence in the company's development prospects, which is conducive to enhancing the company's sustainable development ability and promoting the company's long-term stable and healthy development. Superstar Agriculture and Animal Husbandry said.
National Business Daily.