Hongsheng Huayuan Tower Group shares***
Sponsor (Lead Underwriter):BOCI **shares***
Condition:
Company Profile:
Hongsheng Huayuan is mainly engaged in the research and development, production and sales of transmission line towers, and its main products are a full range of voltage levels of transmission line towers.
As of the date of signing the letter of intent, Shandong Electric directly held 84,32573.67 million shares, indirectly holding 18,892 shares of the company through its subsidiary Shaanxi Yinhe1.18 million shares, holding a total of 103,217 shares of the company85.47 million shares, accounting for 51 of the company's total share capital45% is the controlling shareholder of the company;**SASAC indirectly controls a total of 1,032,178,547 shares of the Company and is the actual controller of the Company.
Hongsheng Huayuan disclosed the letter of intent to raise 100,000 yuan on December 5, 20230000000 yuan, which is planned to be used for Hongsheng Huayuan Tower Group Co., Ltd.'s full range of voltage level transmission tower production projects, Hongsheng Huayuan Tower Group Co., Ltd.'s intelligent manufacturing upgrading projects, and supplementary working capital projects.
Hongsheng Huayuan disclosed the initial public offering** and listed on the main board on December 12, 2023, and the company is expected to use the raised funds for this fundraising project to be 100,000000,000 yuan. According to this issuance**1$70 shares and $66,878Based on the number of new shares issued of 87.72 million shares, if the issuance is successful, the company is expected to raise a total of 113,694090,000 yuan, deducting the issuance cost of about 10,033After 680,000 yuan (excluding VAT and stamp duty), it is expected that the net amount of funds raised will be about 103,660410,000 yuan (if there is a difference in the mantissa number, it is due to rounding).