Introducing the war investment in the Ningde era, Pioneer Intelligence plans to raise funds not to exceed 2.5 billion yuan

Ningde Times has made the latest progress in its investment in high-quality listed companies in the industrial chain. On the evening of September 14th, Pioneer Intelligence announced a fixed increase plan saying that the company plans to raise no more than 2.5 billion yuan and invest in five projects including the South China Headquarters Manufacturing Base Project of Pioneer's high-end intelligent equipment. The issue price is 36.05 yuan/share. Ningde Time intends to subscribe for all shares of this issue. If calculated according to the upper limit of the number of shares issued this time, after the completion of this issuance, CATL will hold 69.348 million shares of the company, accounting for 7.29% of the total share capital after the issuance, and become a strategic investor of the company. Ningde Times became a strategic investor in accordance with the announcement that the issuance price of shares issued to specific targets this time is RMB 36.05 per share, which is not less than 80% of the average trading price of the company’s A shares on the 20 trading days before the pricing benchmark date. The number of shares issued this time does not exceed 69,348,100 shares, and does not exceed 30% of the company's total share capital before this issuance. CATL uses cash to subscribe for the stocks issued this time to specific targets, with a lock-up period of three years. According to the announcement, the total amount of funds raised in this issuance does not exceed 2.5 billion yuan, which will be used for the pilot high-end intelligent equipment South China headquarters manufacturing base project, the automation equipment processing base energy level improvement project, the pilot industrial Internet collaborative manufacturing system construction project, and the lithium battery intelligent manufacturing Digital overall processing method research and development and industrialization projects and supplementary working capital. Regarding the impact on the company’s shareholder structure, the company stated that before and after the issuance, the controlling shareholder of the listed company was Xindao Investment, and the actual controller was Wang Yanqing. This issuance will not lead to changes in the company's control. In terms of shareholder dividend returns, the company stated that it has formulated the 'Wuxi Pioneer Intelligent Equipment Co., Ltd. Shareholder Return Plan for the Next Three Years (2019-2021)'. The important content includes that, in principle, the company implements profit distribution once a year, and priority is given to the distribution of dividends in cash. After the company reserves the statutory reserve fund and surplus reserve fund in full, the annual cash dividend distribution to shareholders shall not be less than 20% of the distributable profit realized in that year. On the premise of ensuring the distribution of full cash dividends, the company can additionally add dividend distributions and transfer capital reserves. Carrying out multi-dimensional cooperation On the evening of August 11, CATL announced that it plans to invest in high-quality listed companies on the upstream and downstream of the industrial chain at home and abroad in the form of securities investment around the main business. The total investment does not exceed 19.06 billion yuan, of which the total overseas investment No more than 2.5 billion U.S. dollars. Ningde Times stated that the scope of this investment includes stocks, convertible bonds and other equity investment products of relevant listed companies upstream and downstream of the domestic and foreign industrial chain; investment methods include but are not limited to new stock subscriptions, secondary market securities purchases, and call auctions. , Transfer by agreement, block transactions, participation in private placement and other methods permitted by laws and regulations. Public information shows that Pioneer Intelligence specializes in the Ru0026D, design, processing and sales of high-end automation complete sets of equipment, and supplies high-end automatic intelligent equipment and manufacturers of energy-saving, environmentally friendly and new energy products such as lithium batteries, photovoltaic cells/modules, 3C, and film capacitors. The overall approach. The company stated that CATL is an important downstream customer of the company and has strong competitive advantages in the industry. Through this strategic investment, the two parties will help to enhance the coordination of the industrial chain of direct procurement of lithium battery equipment, and achieve technological upgrading of products through technical cooperation. And iterative innovation of processing technology. At the same time, CATL has a wide range of new energy vehicle industry resources worldwide, and its global layout is also highly consistent with the company's global development direction. In the future, the two parties will strengthen the coordination of resources on a global scale to provide strategic support for the company's business expansion. Collaborate with global-oriented business. In terms of the scope and goals of cooperation, in the future, the two parties will directly purchase the company’s products, jointly develop new technologies and products, and support the company’s participation in the industrial chain cooperation of the Ningde era to carry out multi-dimensional cooperation, and the two parties can further cooperate based on the detailed cooperation. Zhang Da cooperation scope. Coordinated development in the field of cooperation to further enhance the company's intrinsic value, improve the company's overall profitability, and achieve the strategic goal of mutual benefit and win-win results. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous post: The demand for energy storage will increase by 418GWh from 2020 to 2030