Fengkou Financial Reporter Wu Si
Recently, Qingdao capital market has been reporting frequent good news.
On June 30, the review status of Qingdao Isaac Technology Co., Ltd. (hereinafter referred to as "Isa Technology") was updated to "accepted", and it is sprinting to Science and Technology Innovation Board of Shanghai Stock Exchange. On June 29, Qingdao Qinghe Artificial Turf Co., Ltd. (hereinafter referred to as "Qingdao Qinghe") received an application acceptance form and was one step closer to ringing the bell for listing.
This year, Qingdao companies have accelerated their pace of listing and are making rapid progress. Especially in the past week, the listing applications of Wolong Food, Sanxiang Technology, and Raytheon Technology have been accepted by the exchange, and 15 companies are waiting in line for review at the China Securities Regulatory Commission and the exchange. Qingdao Damuren Machinery Co., Ltd. , Kejie Intelligent Technology Co., Ltd., and Qingdao Pangu Intelligent Manufacturing Co., Ltd. have passed the meeting and are ready to go. Currently, there are 58 domestic A-share listed companies in Qingdao City, ranking first in Shandong Province in terms of number of listed companies. If the queuing companies successfully ring the bell to go public, the Qingdao legion in the capital market will become even stronger.
Isaac Technology: Island City "Practical School" Smart City Pioneer
Isaac Technology was established in December 2015, with its registered address in Huangdao District, Qingdao City. It focuses on promoting artificial intelligence and big data analysis technology and digital In-depth integration of various application scenarios in the urban field.
The prospectus shows that the company's main products are based on self-developed artificial intelligence and big data technology, with the characteristics of "high concurrency, high performance, high availability, and low latency" to solve the problems of government agencies in the fields of safe city and digital government Common industry pain points such as difficult supervision, serious labor consumption, high difficulty in data mining, and lack of active management capabilities are common industry pain points. We are committed to promoting the industrialization of artificial intelligence and the intelligent transformation and upgrading of digital city management.
The company has full-stack self-developed technical capabilities and strong commercialization experience. As of the date of signing of the prospectus, the company has 13 authorized invention patents, 9 utility model patents, 53 design patents, and 298 software copyrights.
The prospectus shows that from 2019 to 2021, the company’s operating income was 99.5615 million yuan, 148.3244 million yuan, and 370.8006 million yuan respectively, with the annual operating income compound growth rate being 92.99%; the net profits attributable to the owners of the parent company were 2787.22 yuan respectively. million, 27.6737 million yuan and 141.5191 million yuan, with an annualized compound growth rate of 125.33%.
Judging from the composition of Isaac Technology’s main business income, the company’s main products include safe city solutions and digital government solutions.
Isaac Technology’s safe city integrated application products mainly provide various application scenarios for political and legal departments such as public security agencies, thereby assisting political and legal departments to improve their capabilities in social security situation awareness, prediction and early warning, precise strikes, dynamic management and control, social services, etc. This will promote the transformation of risk prevention and control from passive response to active prevention, the transformation of command and decision-making from experience-driven to data-driven, and the transformation of security governance from manpower-intensive to technology-intensive.
Isaac Technology’s digital government integration application products are mainly aimed at government units and enterprises and institutions other than political and legal departments. It is a platform built by comprehensively gathering various social governance data, including government data, enterprise data, social data, Internet data, etc. A type of artificial intelligence center, it takes on the needs of various industry departments in a business scenario menu format, and completes the implementation of business scenario menus in a modular approach with technical support.
This IPO of Isaac Technology plans to raise 1.509 billion yuan, which will be used for Tiangong system technology iteration and industrialization projects, headquarters base construction projects and underlying technology research and development projects.
“In the future, we will invest more in R&D, operations, and our technical support personnel into the concept of smart city operations, and customize their own smart cities for each city and even each district and county.” Isaac Yao Wei, Vice President of Technology said.
Qingdao Qinghe: The second largest company in the industry and favored by capital
Recently, Qingdao Qinghe’s IPO counseling status has been changed to “Coaching and Acceptance”. On July 1, reporters learned from the company that Qingdao Qinghe has received China China Securities Regulatory Commission administrative license application acceptance form.
Qingdao Qinghe is a leading company in the artificial turf industry, with its production capacity ranking second in the country. After Co-Chuang Turf successfully landed on the Shanghai Stock Exchange, Qingdao Qinghe is expected to hit the "second share" of A-share artificial turf.
Picture source: Visual China
Public information shows that Qingdao Qinghe was founded in 2009, integrating R&D, design, production, marketing and service. ) certified manufacturer, mainly providing high-quality artificial grass fibers and artificial turf products, which are widely used in football fields, hockey fields, rugby fields, tennis courts, residential landscapes, playgrounds and other places.
At present, Qingdao Qinghe artificial turf has two production bases, located in Jiaozhou City, Qingdao and Ho Chi Minh City, Vietnam. Qingdao Qinghe, as an artificial turf manufacturer and comprehensive solution provider that ranks at the forefront of global comprehensive strength, has obtained 51 authorized patents and exported to more than 100 countries and regions around the world.
It is understood that in 2010, the company's sales revenue exceeded 100 million yuan. After 2017, Qingdao Qinghe's global market share has grown rapidly. According to the global artificial turf industry data released by AMI Consulting, a third-party consulting agency, Qingdao Qinghe's sales volume is calculated He's global market share reached 10% in 2019, ranking second in the world.
On March 25, 2021, Qingdao Qinghe signed a coaching agreement with CITIC Securities . From then to May 31, 2022, CITIC Securities conducted a total of five phases of coaching work.
Fengkou Finance has noticed that as a leading company in the industry, Qingdao Qinghe is favored by institutions and has completed multiple rounds of financing since its establishment. Qingsong Capital, a well-known investment institution in Shandong, as well as Tongchuang Weiye , Milestone Venture Capital, GF Qianhe, Chenhui Capital and other domestic institutions have successively invested. It is worth mentioning that Qingsong Capital not only invests in Qingdao Qinghe, but also Isaac Technology.
Currently, Jiangyin Guotiao Hongtai Private Equity Investment Partnership and Hangzhou Nanhai Growth Investment Partnership hold more than 5% of the shares, 6.19% and 5.52% respectively. Youngor, a well-known listed company, also disclosed in its 2021 annual report that it invested in Qingdao Qinghe last year with an investment amount of 146 million yuan. It is also optimistic about Qingdao Qinghe's listing prospects.
The Qingdao Legion is making great progress.
Behind the frequent good news is the new vitality of Qingdao’s capital market.
Since the beginning of this year, Qingdao companies have performed well. Not only is Tide shares listed on the North Exchange , but the reserves of listed companies are also full of energy. Especially in the past week, the listing applications of Wolong Food, Sanxiang Technology, and Raytheon Technology have been accepted by the exchange, and 15 companies are waiting in line for review at the China Securities Regulatory Commission and the exchange.
According to statistics, the city has 74 domestic and overseas listed companies and 58 domestic A-share listed companies, ranking first in Shandong Province. If the queuing companies successfully ring the bell to go public, the Qingdao legion in the capital market will become even stronger.
Image source: Visual China
Behind the active capital is the improvement of the city's capabilities in Qingdao.
In the past June, Qingdao held three world-class events. From June 10th to 11th, the 2022 Qingdao Global Venture Capital Conference will be held; from June 19th to 21st, the 3rd Multinational Company Leaders Qingdao Summit will be held; from June 21st to 23rd, the 2022 East Asia Maritime Cooperation Platform Qingdao Forum is held.
In just two weeks, Qingdao’s investment promotion reached 100 billion.The Venture Capital Conference signed 44 projects with a total scale of 61.765 billion yuan, and 12 projects with a scale of more than 2 billion; the Qingdao Summit of Multinational Company Leaders signed a total of 99 foreign investment projects, with a total investment of 15.6 billion US dollars and contracted foreign investment of 5.31 billion. U.S. dollars; the East Asia Marine Cooperation Platform Qingdao Forum has concentrated 34 contracted projects with a total investment of 84.5 billion yuan.
The introduction of international projects and the injection of capital have given Qingdao more and more confidence in its economic development. Today, the accelerated pace of listing is just the beginning for Qingdao. In the future, Qingdao will continue to promote the concentration of capital to enterprises, deeply link domestic and foreign resources and markets, tap more potential, and achieve rapid development.
