Another NEEQ-listed company is officially gearing up for an IPO. Yuanxiang New Materials’ GEM listing application has been accepted by the Shenzhen Stock Exchange. Before applying for the IPO, the company announced a brilliant annual report, with profits exceeding 60 million yuan in 2020.
Many companies have recently announced the launch of listing counseling. After transforming into IPO concept stock , the share price of Zhongrong Technology has surged. The stock has adopted a market-making transfer transaction method and has nearly a hundred shareholders.
Yuanxiang New Materials GEM IPO application has been accepted
Yuanxiang New Materials has recently applied for GEM IPO listing, and it has been accepted by the Shenzhen Stock Exchange. It means that the company is officially sprinting to "transfer to the GEM". After
implemented the registration system on the GEM, Yuanxiang New Materials started listing counseling in September 2020 and quickly completed the counseling in 3 months. Before "Running" hit the GEM IPO, the company released a brilliant annual report.
The 2020 annual report released by Yuanxiang New Materials shows that last year the company achieved revenue of 320 million yuan, a year-on-year increase of 16%, and a profit of 65.62 million yuan, a year-on-year increase of more than 50%. The net profit after deductions also exceeded 60 million yuan, year-on-year. An increase of more than 60%.
Yuanxiang New Materials, which is in the basic chemical raw material manufacturing industry, is mainly engaged in the research and development, production and sales of precipitated silica. Its products are mainly used as raw materials or additives in silicone rubber, thermal insulation materials, coating matting agents, PE battery separators, Defoaming agents and other fields.
Regarding last year's profit growth rate being higher than revenue, the company said that due to the increase in product sales and the slight decrease in sales unit price, the market prices of raw materials such as sodium silicate, sulfuric acid and natural gas have dropped significantly, and the procurement costs have dropped, which has led to the company's net profit. The scale is growing rapidly.
It is worth mentioning that behind the growth in revenue, the company's notes receivable items have increased significantly. The amount of notes receivable at the end of 2020 was 115 million yuan, accounting for 29% of total assets, compared with 5871 yuan at the beginning of the period. RMB 10,000 increased by nearly 96%.
Antianlixin introduced investors before launching the IPO
The enthusiasm for the IPO of listed companies has not diminished. Companies such as Antilianlixin and Zhongrong Technology have recently entered the stage of listing guidance.
Before announcing the launch of the IPO, Antitrust is implementing a share issuance to acquire assets. The company plans to issue 5.2334 million shares to purchase 100% equity of Anhui Wandu Planning and Architectural Design Institute Co., Ltd. held by Anhui Yiming, with an issue price of 4.25 yuan per share. According to
information, Antiany Lixin belongs to the engineering technology industry and is mainly engaged in bidding agency and project cost consulting. The company is a state-owned enterprise with only three shareholders at present. The controlling shareholder Anhui Technology Import and Export Co., Ltd. holds 80% of the shares. The actual controller of Antilian Lixin is the Anhui Provincial State-owned Assets Supervision and Administration Commission.
Anhui Yiming is mainly engaged in engineering project management and consulting, construction engineering design, engineering consulting, etc. The actual controller is Wu Jian, a natural person, who holds 72% of Anhui Yiming's equity. The business scope of Wandu Design includes construction engineering design consulting and related business consulting and decoration design; urban and rural planning preparation and evaluation; urban planning and environmental design.
Antiany believes that the absorption and merger of Wandu Design will effectively expand the industrial value chain and improve the company's professional qualifications and capabilities in full-process engineering consulting. The company's business scale, total assets and net profit will all be improved to a certain extent. According to the company's calculations, before this private placement, the company's total assets as of December 31, 2019 were 304 million yuan, and after the private placement, the project will increase to 346 million yuan; the net profit will change from 49.68 million yuan to 54.66 million yuan Yuan.
’s stock price soared after it transformed into an IPO concept stock.
Innovation-level enterprise Zhongrong Technology recently announced that it has launched listing counseling. Since the listing of New Third Board , the company has adopted market-making transfer transactions, during which transactions in the National Equities Exchange and Quotations System were quite active.
Zhongluo Technology is mainly engaged in the research, development, production and sales of ethanol, absolute ethanol, ethyl acetate , butyl acetate and cellulase and other enzyme preparations. The financial report shows that in 2019, the company's revenue was basically the same year-on-year at 746 million yuan, and its net profit was 12.4 million yuan, a year-on-year increase of 158%. The net profit after deducting non-profit items was 3.5 million yuan.
In the first half of 2020, despite the decline in revenue, the company's profits bucked the trend and increased significantly: revenue was 340 million yuan, a year-on-year decrease of 13%, net profit was 27.95 million yuan, a year-on-year increase of 165%, and net profit after non-profit deductions It was 23.58 million yuan, a year-on-year increase of 316%. The company explained that the profit growth was mainly due to the decline in the price of acetic acid, the main raw material, in the first half of the year, and the increase in product gross profit margin. In the
secondary market, the company's stock price has fluctuated downwards since the second half of 2017, falling to 4.6 yuan on October 9, 2020. However, after the recent announcement of listing guidance, the company's stock price has seen a significant rise, rising nearly 11% on March 5, and the cumulative increase in the two trading days since March has been nearly 25%. Based on the closing price of 7.49 yuan, the total market value of the stock is 923 million yuan.
(Chart of stock price trend of Zhongrong Technology since 2021)
(Chart of stock price since Zhongrong Technology was listed on the New Third Board)
The 2020 semi-annual report shows that shareholders of Zhongrong Technology There are 99 households. In addition to the controlling shareholder Dai Shumei, who holds 44.70% of the shares, a number of institutional shareholders are among the company's top ten shareholders. Among them, the former market maker Orient Securities holds 3.3388 million shares, accounting for the company's share capital. The proportion is 2.71%.