On November 15, Jiangsu Lianrui New Materials Materials Co., Ltd. (stock abbreviation: Lianrui New Materials , stock code; 688300) was listed on the Shanghai Stock Exchange Science and Technology Innovation Board today. After the opening, the company's stock price reached a maximum of 45 yuan per share, with an increase of more than 60% as of the closing.
Lanfu Finance learned that the total share capital of Lianrui New Materials after this issuance is 85.9734 million shares; the number of shares issued is 21.4934 million shares; the number of shares listed without circulation restrictions and lock-up arrangements is 19.546404 million shares; the number of shares listed with circulation restrictions or restricted arrangements is 66.426996 million shares; the number of shares that strategic investors receive allotment in the initial public offering is 1.07467 million shares.
data shows that Lianrui New Materials 's main business is the research, development, production and sales of silicon micropowder . The main products include crystalline silicon micropowder, molten silicon micropowder and spherical silicon micropowder. The silicon micropowder products have excellent properties such as high heat resistance, high insulation, low linear expansion coefficient and good thermal conductivity of . It is an advanced inorganic non-metallic material with excellent performance.
Lianrui New Materials products are sold in mainland China, Taiwan, Japan, South Korea and Southeast Asia and other countries and regions. At present, the company has established cooperative relationships with world-class semiconductor plastic sealing manufacturers Sumitomo Electric, Hitachi Chemical, Panasonic Electric, KCC Group, and Warwick Electronics, the world's top ten copper clad companies, Jiantao Group , Shengyi Technology , South Asia Group, Lianmao Group, Jin An Guoji, Taiwan Technology, South Korea Doosan Group and other companies.
According to the disclosure, Lianrui New Materials achieved operating income of RMB 153.6327 million, RMB 210.9602 million, and RMB 278.106 million from 2016 to 2018; and achieved net profit attributable to the parent company's owners of RMB 32.709 million, RMB 42.2489 million, and RMB 58.3665 million.
This Lianrui New Materials fundraising and investment projects include: a silicon micropowder production base construction project with an investment of 108.4381 million yuan; a silicon micropowder production line intelligent upgrade and production capacity expansion project with an investment of 52.4028 million yuan; a high-liquidity high-filled molten silicon micropowder production capacity expansion project with an investment of 49.4848 million yuan; a R&D center construction project with an investment of 49.3407 million yuan; and a supplementary working capital project with an investment of 25 million yuan.
Lianrui New Materials said that the construction project of silicon micropowder production base, the intelligent upgrade of silicon micropowder production line and the capacity expansion project, and the high liquidity and high-filled molten silicon micropowder production capacity expansion project are all capacity expansion projects carried out by the company on the core technologies it has mastered, which will help the company further expand and strengthen its main business, consolidate and enhance its market position, and enhance its overall competitiveness. The R&D center construction project is an upgrade and expansion project carried out by the company based on the original R&D system and technical reserves. It is of great significance to the company's consolidation of core technologies, improving R&D level, and exploring new processes and new products with higher technological levels.
