Source/Upstream News Chief Reporter Liu Yong Intern Zhang Luyu
Editor/Su Hang
Chongqing Enterprises have made new progress in listing. On December 2, 2021, the Shenzhen Stock Exchange GEM Listing Committee held the 69th Listing Committee review meeting in 2021 to review Chongqing Yuxin Pingrui Electronics Co., Ltd. (first release) (Yuxin Electronics).
Upstream News reporter learned that Chongqing is the world's largest machine manufacturing base and a leader in the segment of the machine industry.
actual controller is a family of three
Tianyancha APP data shows that Yuxin Electronics is full name Chongqing Yuxin Pingrui Electronics Co., Ltd., the legal representative Hu Yunping, was established on May 29, 2003 with a registered capital of 55.03 million yuan. The controlling shareholder is Hu Xinrui, and the actual controllers are Hu Xinrui, Hu Yunping, and Ding Deping.
Yuxin Electronics registered at No. 992, Gaoteng Avenue, Jiulongpo District, Chongqing.
Yuxin Electronics is mainly engaged in the research, development, production and sales of core electronic control components of general gasoline engines and terminal products. It is currently the leading global gasoline engine and terminal product accessories manufacturer with global production scale and market share.
According to the proof provided by the Small Gasoline Engine Branch of the China Internal Combustion Engine Industry Association, during the reporting period, Yuxin Electronics' core product general gasoline engine ignitor ranked first in the global market share, and digital frequency converter inverter ranked third in the global market share.
intends to issue 18.37 million shares to invest in Jiulongpo project
According to the draft prospectus, Yuxin Electronics sponsor is Shenwan Hongyuan Securities Underwriting and Sponsoring Co., Ltd., the accounting firm is Lixin Accounting Firm (Special General Partnership), the law firm is Beijing Dacheng Law Firm, and the appraisal agency Kaiyuan Asset Appraisal Co., Ltd.
Yuxin Electronics intends to issue no more than 18.37 million shares, and the total share capital after issuance is expected to exceed 73.4 million shares.
After deducting the issuance fee, the total investment in the industrialization project of key electronic control devices of digital frequency converter generators is 358 million yuan, and the funds raised are planned to be used.
This project was approved by the Chongqing Jiulongpo District Ecological Environment Bureau in 2020. The construction period is 19 months.
revenue last year was 409 million yuan and earned 58.1 million yuan
Upstream news reporters learned that Yuxin Electronics is a listed company on the New Third Board, achieving operating income of 409 million yuan in 2020, a year-on-year increase of 40.11%; net profit attributable to shareholders of listed companies was 58.1 million yuan, a year-on-year increase of 65.62%.
In the first three quarters of 2021, the company achieved operating income of 460 million yuan, a year-on-year increase of 63.40%, and a net profit of 56.4905 million yuan, a year-on-year increase of 39.12%, and a basic earnings per share of 1.0300 yuan. The total assets at the end of the period of
were RMB 667 million, operating profit was RMB 64.0964 million, accounts receivable were RMB 96.8178 million, net cash flow generated by operating activities was RMB 42.2946 million, and cash received from selling goods and providing services was RMB 437 million.
