According to the Zhitong Finance App, Shen Gu Group (601091.SH) disclosed a prospectus of intent. The number of shares to be initially publicly issued by the company is 31.0.02.59 million shares, accounting for about 10% of the company's total share capital after issuance. The initial number of strategic placements issued in this offering was 93.330.77 million shares, accounting for about 30.00% of the current offering. The initial inquiry date for this offering is September 3, 2026, and the subscription date is September 8, 2026. The application for listing on the main board of the Shanghai Stock Exchange will be made as soon as the issuance is completed.
The company is a strategic, pillar and leading enterprise in China's general machinery industry. It undertakes the task of localization to provide major technical equipment and complete solutions for the fields of petroleum, chemicals, electricity, natural gas, new energy, etc.; it is one of the few manufacturers in the world that can independently design and manufacture major technical equipment such as large-scale complex compressors and high-end nuclear main pumps.
The company's net profit attributable to shareholders of the parent company from 2023 to 2025 was: 355 million yuan, 442 million yuan and 739 million yuan, respectively. From January to June 2026, the company achieved operating income of 4.893 billion yuan, an increase of 3.60% over the same period of the previous year, and achieved net profit attributable to shareholders of the parent company of 280 million yuan, a decrease of 6.5234 million yuan from the same period of the previous year. The company's business was relatively stable, operating income increased, and gross margin was stable. The decrease in net profit and loss was mainly due to a decrease in R&D expenses, and an increase in financial expenses due to an increase in exchange losses and interest income.
The capital raised by the company is mainly used for four projects, namely the major green and efficient technical equipment industrialization project, the Shengu Group R&D and digital construction project, the clean energy green factory construction project, and the nuclear pump pilot plant construction project. In total, it plans to use the raised capital of about 2,134 billion yuan.