A few days ago, Qingdao Wolong Food Co., Ltd. and Qingdao Sanxiang Technology Co., Ltd. successively disclosed prospectuses (drafts). Among them, Wolong Food plans to be listed on the Shanghai Stock Exchange main board, and Sanxiang Technology plans to be listed on the North Exchange .
This is the second or third company whose IPO application has been accepted this year. The previous one was Qingdao Sino-Canada.
Wolong Food plans to raise 700 million yuan in this IPO, which is planned to be used for production intelligent transformation and intelligent warehousing logistics center construction projects, brand image and omni-channel sales network construction projects and supplementary working capital. Sanxiang Technology plans to raise 180 million yuan for automotive pipeline system manufacturing technology transformation projects and supplementary working capital.
Among the 24 industrial chains that Qingdao focuses on building, Wolong Food is in the "food and beverage" industry chain, while Sanxiang Technology is in the "new energy vehicle" industry chain.
In addition to these two companies, the recent coaching status of Isaac Technology Co., Ltd., Qingdao Qinghe Artificial Turf Co., Ltd., and Qingdao Hailiwei New Material Technology Co., Ltd. has been changed to "Coaching Acceptance" or "Coaching Work Completed" "It is expected to submit IPO materials soon and officially hit the market.
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Wolong Food: Sold 1.1 billion yuan of nuts a year
Wolong Food was founded in 2016 and is registered in Chengyang District, Qingdao City. It is an industry-leading snack food manufacturer with nut-related products as its core.
The snack food industry is a trillion-level market, while the nut snack food industry is a blue ocean area where international giants have not yet formed a dominant position. As the creator of the popular " Daily Nuts ", Wolong Food took the lead in launching the "Daily Nuts" series of products in China, changing the simple and single packaging method of nut products in the past, with fine processing, small bag packaging, and fixed nutrition. Proportion mixing makes it more convenient for consumers to eat.
From 2019 to 2021, Wolong Food’s operating income was 1.165 billion yuan, 889 million yuan and 1.108 billion yuan respectively; its net profits were 131 million yuan, 88.7085 million yuan and 120 million yuan respectively. Wolong Foods mainly attributed the fluctuations in performance to the impact of the new coronavirus pneumonia epidemic. The prospectus shows that the company's main business revenue dropped by 24.23% in 2020 compared with 2019 due to the impact of the new coronavirus epidemic.
Judging from the market share of my country's mixed nut industry in the past three years, the TOP5 companies include Wolong Food, Three Squirrels , Qiaqia Food , Bestore and Baicaowei . From 2019 to 2021, Wolong Food Long Food's average market share reached 9.3%, ranking second in the industry. It is worth mentioning that Wolong Food’s main competitors, Qiaqia Food, Three Squirrels, Bestore, Yanjin Shop and Laiyifen have all landed in the capital market.
According to a survey by the Qianzhan Industry Research Institute, the overall market size of my country's mixed nut industry has maintained a rapid growth trend from 2015 to 2021; in 2020, the market size of my country's mixed nut industry will be approximately 9.9 billion yuan, a year-on-year increase of 21%; in 2021, my country's mixed nut industry will maintain a rapid growth trend. The market size of the nut industry is approximately 11.5 billion yuan, a year-on-year increase of 16%. The per capita consumption of major nut varieties in my country is significantly lower than the United States, Japan and other countries as well as the global average, and the consumption demand for nuts still has great potential for growth.
From the perspective of equity structure, no institutional investors have entered Wolong Food. The shareholders are Yang Guoqing, Qingdao Wolong Holdings Co., Ltd., Qingdao Wolonda Asset Management Center (limited partnership), Qingdao Longjingda Investment Center (limited partnership), Yang Dan, Yang Jing, Yang Guorong. The company's controlling shareholder and actual controller is Yang Guoqing, who is currently the company's chairman and general manager. He directly holds 74.1% of the company's shares and indirectly holds 15% through Wolong Holdings, totaling 89.1%.
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Sanxiang Technology: the leading domestic automotive hose supplier
Sanxiang Technology was founded in 2003 and is registered in Huangdao District, Qingdao City. It is mainly engaged in the research and development, production and sales of automotive hoses and their assemblies, providing complete vehicle services. Manufacturers, their parts supporting manufacturers, and after-sales parts suppliers supply automotive hoses and assembly products.
Automotive hoses are divided into automotive cooling systems , fuel systems, power steering systems and braking systems, air conditioning systems, etc. rubber hoses are the main components of the automotive piping system and are used to transmit various liquids and gases , including fuel, lubricating oil, refrigerant and coolant , etc., to help each subsystem of the car realize its functions, thereby achieving the normal operation of the entire vehicle.
Sanxiang Technology’s customers include American General Motors, SAIC General Motors, Geely Automobile , Changan Automobile , BYD , Dongfeng Nissan and other OEM resources, as well as large American auto parts retailers. In addition, Sanxiang Technology has also laid out the new energy vehicle parts track in advance. Its hydraulic brake system hose for new energy vehicles has been put into mass production, supplying batches to BYD and major international new energy vehicle manufacturers, and has obtained the Fixed-point contracts with new car-making forces such as Weilai Automobile , and Xpeng Automobile .
From 2019 to 2021, Sanxiang Technology achieved operating income of 526 million yuan, 567 million yuan, and 612 million yuan respectively, and net profits of 36 million yuan, 45 million yuan, and 81 million yuan.
The controlling shareholder of the company is Qingdao Xinjin Taida Economic Information Consulting Co., Ltd., and the actual controller is Wei Zengxiang. Wei Zengxiang and his concerted parties Li Guihua, Hengye Haisheng, Haina Zhaoye and Wei Jie directly and indirectly control 60.11% of Sanxiang Technology. of equity. Wei Zengxiang was born in 1953. He once served as vice chairman and general manager of Goodyear (Qingdao) Engineering Rubber Company. He has served as chairman of Sanxiang Technology since July 2006.
As a leader in industry segments, Sanxiang Technology is favored by investment institutions. Its shareholders include Qingdao Guoan Yongwan Information Technology Equity Investment Enterprise (Limited Partnership), Centaline Securities Co., Ltd., and Beijing Tianxing Zhiyuan Investment Center (Limited Partnership) )wait. Zhou Xiaofeng
