JWIPC Technology (SHE:001339) warned of the possible dilution of earnings per share amid plans for a private share offering.
EPS could be diluted as the maximum issuance of 75.7 million new shares would raise total capital by 30%, according to a Tuesday filing with the Shenzhen bourse.
In a flat 2026 profit scenario, basic EPS would drop to 0.66 yuan from 0.68 yuan pre-offering.
Shares of the IoT hardware products manufacturer closed 5% lower Tuesday.