紫光學大(000526.SZ):定增完成後紫光集團持股比例將被稀釋
格隆匯 11 月 22日丨紫光學大(000526.SZ)公佈,西藏紫光卓遠股權投資有限公司(以下簡稱"紫光卓遠")、北京紫光通信科技集團有限公司(以下簡稱"紫光通信")和紫光集團有限公司(以下簡稱"紫光集團")分別持有公司15.59%、5.15%和2.18%的股份,紫光卓遠、紫光通信為紫光集團全資子公司,三者具有一致行動關係。
紫光集團及其一致行動人持有公司的股票不存在質押的情形,因此不存在平倉風險。公司目前無控股股東和實際控制人,金鑫控制的天津安特文化傳播有限公司(以下簡稱"天津安特")及其一致行動人為公司的第一大股東。根據《廈門紫光學大股份有限公司2020年非公開發行A股股票預案》,公司此次發行數量不超過此次發行前公司總股本的30%,金鑫控制的天津晉豐文化傳播有限公司(以下簡稱"晉豐文化")認購股票數量為不低於此次發行股票最終發行數量的10%,且不超過45%。因此,按照此次非公開發行股票的發行數量上限28,858,532股測算,則此次發行完成後,晉豐文化持有公司股份數量佔發行完成後公司股份總額的比例為2.31%-10.38%,金鑫將合計持有公司20.73%-28.80%的股份,紫光集團及其一致行動人持有公司的股份比例將被稀釋為17.63%。截至目前,紫光集團及其一致行動人未披露減持計劃,若未來紫光集團及其一致行動人減持或質押公司股票,不會影響天津安特及其一致行動人的第一大股東地位,對公司股權結構影響較小,且不會影響公司經營的穩定性和此次發行方案。
截至2017年、2018年、2019年及2020年6月末,公司資產負債率分別為98.17%、97.92%、97.47%和95.96%,雖逐年下降,但資產負債率依然較高,主要因收購學大教育產生的股東借款和預收的學員培訓服務費所致。雖公司目前融資渠道暢通,已與銀行等金融機構建立了長期、穩定的合作關係,貨幣資金及經營活動現金流穩定,可為公司償還到期債務提供資金保障,同時公司也在通過非公開發行股票的方式補充貨幣資金,以提高應對資金流動性風險的能力,但公司仍可能面臨一定程度的短期償債風險。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.