Aerospace Hongtu received the regulatory work letter of Shanghai Stock Exchange and raised 2.425 billion yuan in total in five years and three years

The website of Shanghai Stock Exchange recently announced the supervision work letter on matters related to Aerospace Hongtu Information Technology Co., Ltd. (stock abbreviation: Aerospace Hongtu, stock code: 688066. SH).

Aerospace Hongtu was listed on the Science and Technology Innovation Board of Shanghai Stock Exchange on July 22, 2019, with an issue quantity of 41.5 million shares and an issue price of 17.25 yuan per share. The sponsor (lead underwriter) is Guosen Securities Co., Ltd., and the sponsor representatives are Yang Tao and Wang Shuibing.

The total amount of funds raised from the initial public offering of Aerospace Hongtu was 715.875 million yuan. After deducting the issuance expenses, the net amount of funds raised was 641.803 million yuan, 75.1033 million yuan more than the original plan. According to the prospectus disclosed by the company on July 18, 2019, the company plans to raise 566.6997 million yuan, which is intended to be used for the PIE basic platform upgrading project, the Beidou integrated application platform construction project, and the atmospheric marine application service platform project.

The total cost of the initial public offering of Aerospace Hongtu was 74072000 yuan (excluding VAT), including 57.4051 million yuan of underwriting fees (excluding VAT) and 2.8302 million yuan of sponsorship fees (excluding VAT).

Aerospace Hongtu will issue shares to specific objects to raise funds in 2020. The Reply on Approving Aerospace Hongtu Information Technology Co., Ltd. to Issue Shares to Specific Objects for Registration (ZJXK [2001] No. 1349) approved and issued by the China Securities Regulatory Commission shows that the company issued 17648348 A-share shares to specific objects at a price of 39.67 yuan per share. The total amount of funds raised in this issue is RMB 70.11 million, less the issuance expenses (excluding tax) After 10747300 yuan, the net amount of raised funds was 689.3626 million yuan. Grant Thornton Certified Public Accountants (special general partnership) verified the availability of the above raised funds and issued the Capital Verification Report (ZTYZ (2021) No. 110C000501).

In 2022, Aerospace Hongtu will issue convertible corporate bonds to unspecified objects to raise funds. The Reply on Approving the Registration of Aerospace Hongtu Information Technology Co., Ltd. to Issue Convertible Corporate Bonds to Unspecified Objects (ZJXK [2022] No. 2755) issued by the China Securities Regulatory Commission showed that the company issued 10.088 million convertible bonds to unspecified objects, each with a par value of 100 yuan. The total amount of funds raised in this offering is 1008.8 million yuan, and the actual net amount of funds raised is 991.3742 million yuan after deducting the issuance expenses of 17.4258 million yuan (excluding VAT). All the above raised funds have been in place. Grant Thornton Certified Public Accountants (special general partnership) verified the availability of the above raised funds and issued the Capital Verification Report (ZTYZ (2022) No. 110C000749).

According to the calculation, Aerospace Hongtu raised 2.425 billion yuan in total from its debut in 2019, its issuance of shares to specific objects in 2020, and its issuance of convertible corporate bonds to unspecified objects in 2022.

Aerospace Hongtu disclosed the implementation announcement of equity distribution on May 23, 2023. The company's total capital stock of 185676281 shares before the implementation of the plan was taken as the base for this profit distribution and share capital increase, and distributed cash dividends of 0.13 yuan (tax included) per share. 0.4 shares were transferred to all shareholders with capital reserve. A total of 24137916.53 yuan of cash dividends were distributed, and 74270512 shares were transferred, The total share capital after this distribution is 259946793 shares.

key word: space flight Raised funds Shanghai Stock Exchange Fund raising Supervision