According to the previous announcement, Huitong Group intends to publicly issue convertible corporate bonds of no more than 360 million yuan. After deducting the issuance fee, all the raised funds will be used for the general contract of the rural domestic water source river replacement project (EPC) in Xushui District +0-2022, the fourth phase of the old city reconstruction and upgrading project in Qingyuan District of Baoding City (urban double repair) (road reconstruction and upgrading project) and the road project of the infrastructure construction project of Baoding Shenzhen High-tech Innovation Industrial Park.
Expanding effective investment is the focus of current macroeconomic policies, which is not only conducive to expanding current demand and coping with downward pressure on the economy, but also conducive to optimizing the supply structure and promoting high-quality development. Appropriately promote infrastructure investment around the country's major strategic deployment and the 14 th Five-Year Plan. In April, 2022, the meeting of the Central Financial and Economic Committee once again emphasized the comprehensive strengthening of infrastructure construction, building a modern infrastructure system, and laying a solid foundation for building a socialist modern country in an all-round way. With the continuous advancement of infrastructure construction, Huitong Group will also welcome more business opportunities with the help of its accumulated business experience and market reputation in the integration of Beijing, Tianjin and Hebei and the construction of xiong'an new area.
Huitong Group was established in 2005, and its main business is sales, survey and design, testing and testing of highway, municipal, housing and related building materials. The company is the second private enterprise in China to obtain the special qualification of general contracting of highway engineering construction. In addition, the company also has a number of comprehensive qualifications and a number of professional qualifications, such as the first-level qualification of municipal engineering general contracting, the second-level qualification of construction engineering general contracting, the third-level qualification of water conservancy and hydropower engineering general contracting, and the third-level qualification of electromechanical engineering general contracting. The company has 8 invention patents and 28 utility model patents.
According to public data, Huitong Group has participated in the construction of more than 1.700 kilometers of roads, including more than 340 kilometers of expressways. The company's project types include expressways, urban comprehensive roads, mine ecological restoration, sewage treatment plant construction, rural road network reconstruction, and comprehensive groundwater management. The construction project covers more than ten provinces and cities such as Beijing, Shandong, Anhui, Inner Mongolia and Shaanxi, and has a good market reputation. According to the latest data, from June 205438 to September 2022, Huitong Group achieved revenue of18.58 million yuan, a year-on-year increase of10.13%; Total assets were 410.67 billion yuan, up10.455438+0% year-on-year.
It is reported that the fundraising projects are all construction projects that Huitong Group has won the bid and signed. According to the related report data of Huitong Group, the contracted amount of EPC 2021-2022 in Xushui District, the general contracting of the fourth phase of the old city reconstruction and upgrading project in Qingyuan District of Baoding City (urban double repair) and the general contracting of the infrastructure construction project in Baoding Shenzhen High-tech Innovation Industrial Park (north of Shenbao Avenue) were 627 million yuan respectively. 22 1 100 million yuan and126 million yuan, the estimated gross profit margin of the project is 19. 10%, 6.78% and 10.02% respectively, and the economic benefits are considerable.
Huitong Group pointed out in the above-mentioned relevant reports that the implementation of fundraising projects is conducive to rapidly promoting project construction, enhancing the company's capital scale, enhancing the company's core competitiveness, and continuously promoting the realization of the company's strategic objectives.
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