On the evening of May 31st, Topang shares (002139) disclosed the fixed increase result, the company's non-public offering stock price is 11.40 yuan per share, raising a total of 1.05 billion yuan, of which 750 million yuan will be used for the second industrial park project in Huizhou, and 300 million yuan will be used to supplement liquidity.
According to official data, the Tuobang Huizhou second Industrial Park project covers an area of 110000 square meters, with a planned construction area of 209600 square meters, with a total investment of 899 million yuan, including 459 million yuan in civil construction and 356 million yuan in equipment. The products produced by the project include lithium batteries and high efficiency motor products. The annual production capacity of lithium battery products can reach 1.3 GWH, and the annual production capacity of high efficiency motor products can reach 8.6 million pieces.
According to the announcement, there are a total of 14 non-public offerings of Topang shares, of which, Baichuang Changniu No. 2 private equity fund, Changniu Analysis Global No. 1 private equity fund, Xinxin No. 3 private equity fund, Hengtai Securities Co., Ltd., Castrol Fund Management Co., Ltd., Evolutionary Yigu selected Private Equity Fund, Clay Innovation Fund Management Co., Ltd., Zhongruiheyin Strategy Select No. 1 hedge Fund, Guotai Junan Securities Co., Ltd., Xingzheng Global Fund Management Co., Ltd., Huitianfu Fund Management Co., Ltd. are Class I professional investors. Guo Weisong and Nanjing Iron and Steel Co., Ltd. are II professional investors; Jinan Jiangshan Investment Partnership (limited partnership) is an ordinary investor.
After the completion of the private offering, Topang shares will add 92.1053 million shares and will be listed on the main board of the Shenzhen Stock Exchange on June 3. After the listing of new shares, the total share capital of the company will be expanded from 1.146 billion to 1.238 billion.
Tuobang shares said that the completion of this investment project will significantly enhance the company's profitability and industry competitiveness. However, as the total equity and net assets will increase after this issue, it will take some time to realize the economic benefits of the fund-raising investment projects. therefore, the company may have a decline in the rate of return on net assets and diluted earnings per share in the short term. With the continuous improvement of the production capacity of fund-raising projects and the release of operating performance, the company's profitability will be significantly improved in the future, and indicators such as return on net assets and earnings per share will also be improved.
It is reported that Tuobang shares was founded in 1996, focusing on the intelligent controller industry, the product group for home appliances, tools, lithium electricity, industrial four scenarios, has become one of the highest share of domestic enterprises.
In terms of performance, last year, Tuobang shares achieved operating income of 5.56 billion yuan, an increase of 35.65% over the same period last year; net profit attributable to listed companies reached 534 million yuan, up 61.27% over the same period last year; and net profit attributed to shareholders of listed companies after deducting non-shares was 383 million yuan, up 92.85% over the same period last year. The main reason is that the intelligent society is advancing rapidly, the application scenarios are increasing, and the industry continues to improve. Among them, lithium products achieved revenue of 791 million yuan last year, with a gross profit margin of 22.57%, accounting for 14.22% of business income.
In the first quarter of this year, Tuobang shares achieved operating income of 1.698 billion yuan, an increase of 120.38% over the same period last year, while the net profit belonging to shareholders of listed companies was 239 million yuan, an increase of 279.86% over the same period last year. Among them, the lithium application and industrial control industry as the company's new growth business continues to maintain a high growth trend.
It is worth noting that, a few days ago, Tuobang shares said in interaction with investors that the company's lithium battery mainly uses energy storage and light power direction, and has entered an era of large-scale application based on factors such as lithium technology maturity and cost. The company combines the comprehensive advantages of "battery + electric control + Internet of things platform" to have the solution capability from battery, battery management system (BMS) to Internet of things system. In addition, the company is optimistic about the new energy vehicle industry and is actively looking for opportunities, but there is no update progress at present; if it does not rule out downstream expansion, it may choose some areas that do not compete with customers to try, with the flattening development of sales channels, it will bring opportunities for the development of innovative enterprises, innovation will be the pain point of future products, and those who can touch the pain point of consumers may buy.

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