Sifang Dading increased its fundraising of 300 million plus yards to introduce employee stock ownership plan

Abstract Sifangda (300179) released a non-public offering plan on the evening of the 22nd. The company plans to make a total non-public disclosure of the company's controlling shareholder and one of the actual controllers Fang Haijiang and Sifangda's first employee stock ownership plan at a price of 9.63 yuan per share. The release does not exceed 3116...
Sifangda (300179) released a non-public offering plan on the evening of the 22nd. The company plans to make a non-public offering to the company's controlling shareholder and one of the actual controllers Fang Haijiang and Sifangda's first employee stock ownership plan at a price of 9.63 yuan per share. No more than 31.16 million shares, the total amount of funds raised does not exceed 300 million yuan.

According to the plan, Fang Haijiang intends to subscribe for no more than 200 million yuan, accounting for about 66.67%; Sifangda's first employee stock ownership plan is planned to subscribe for no more than 100 million yuan, accounting for about 33.33%. According to reports, the employee plans to participate in the company or its wholly-owned, holding subsidiaries of directors, supervisors, senior management, middle management and other outstanding employees, the number of employees participating in the subscription of employee stock ownership plan is no more than 91.

In terms of fundraising projects, the research and development and industrialization projects of high-end polycrystalline diamond composite sheets for complex formation oil drill bits are planned to invest 180 million yuan. The project plans to build a new high-end polycrystalline diamond composite sheet production line for oilfields with complex formations. The project will be built for two years. After the project is completed, it will have an annual production capacity of 840,000 pieces of high-quality petroleum drill bit polycrystalline diamond composite sheets. The sales income was 218 million yuan and the net profit was 68.686 million yuan.

In addition, the research and development and industrialization projects of superhard tools are planned to invest 120 million yuan. The project plans to build a super-hard tool production line, which is mainly based on automobile engine tools, aerospace tools and precision electronic processing tools. After production, it will have an annual production capacity of 78,000 high-end super-hard tools. The construction period of the project is two years. It is estimated that the annual sales income will reach 136 million yuan and the net profit will be 44.089 million yuan.

Sifangda said that the fundraising project is a necessary measure for the company to expand production scale and broaden its business layout, and is also in line with the current development prospects of the superhard composite materials market. After the fundraising project is completed, the company's product types will be more abundant, more in line with the needs of customers and business development needs, which is conducive to the realization of the company's future strategic development goals.

Metallographic Polishing Cloth

Cloth wheel polishing the main material is cloth, used for polishing the mechanical wheel. Polishing cloth wheel, material linen, cotton, non-woven cloth, flannelette, denim, miscellaneous cloth and linen wheel, nylon wheel, emery wheel, used for all kinds of polishing tools.

Performance: this kind of product is generally made of cotton twill and cotton cloth cut, strong sewing force, strong grinding force. Specification: according to the size provided by customers. Usage: this kind of product is usually used for grinding, even polishing, but also need to depend on the workpiece material and product quality requirements, can not be generalized. For example: the workpiece material hardness is low can also be rough grinding, polishing quality requirements are not very high, can also be used as polishing, etc..

Metallographic Polishing Cloth,Metal Polishing Cloth,Buffing Machine Tools,The Grinder Machine

TROJAN (Suzhou) Technology Co., Ltd. , https://www.trojanmaterial.com