Leidi.com Lei Jianping On September 15, Anhui Shunyu Water Co., Ltd. (hereinafter referred to as "Shunyu Water") passed the IPO recently and was preparing to list on the Shenzhen Stock Exchange GEM. Shunyu Water Affairs plans to raise 370 million yuan, of which 102 million yuan w

Lei Di.com Lei Jianping September 15

Anhui Shunyu Water Co., Ltd. (referred to as "Shunyu Water") recently passed the IPO and is preparing to list on the Shenzhen Stock Exchange GEM.

Shunyu Water Affairs plans to raise 370 million yuan, of which 102 million yuan will be used for the expansion and construction project of micro-power intelligent integrated water treatment equipment, 61.3648 million yuan will be used for the R&D center construction project, 77.3025 million yuan will be used for the marketing channel construction project, and 130 million yuan will be used for the supplementary working capital.

annual revenue was 645 million

Shunyu Water Affairs' main business includes secondary water supply and sewage treatment business. At the same time, the company has gradually carried out the research and development and construction of smart management platforms to provide support for the intelligent management of its business, and is committed to becoming a comprehensive service provider for overall solutions for secondary water supply, sewage treatment, and smart water services.

Shunyu Water secondary water supply business and sewage treatment business belong to the water supply links and sewage treatment links of the water industry chain. Among them, the secondary water supply business is used in the domestic production water field of urban residential buildings and public buildings. The sewage treatment business is currently mainly used in the rural domestic sewage treatment market.

prospectus shows that Shunyu Water’s revenue in 2019, 2020 and 2021 was RMB 329 million, RMB 528 million and RMB 645 million, respectively; net profits were RMB 53.7459 million, RMB 86.50 million, and RMB 96.5595 million, respectively; net profits after deducting non-operating items were RMB 46.105 million, RMB 78.404 million, and RMB 79.12 million, respectively.

Shunyu Water’s revenue in the first half of 2022 was 266 million yuan, an increase of 1.08% over the same period last year; net profit attributable to parent company shareholders was 26.8919 million yuan, an increase of 17.22% over the same period last year; net profit excluding non-network was 17.5382 million yuan, an increase of 14.69% over the same period last year.

From January to June 2022, the company's net profit attributable to the parent company's shareholders after deducting non-recurring gains and losses was higher than the growth rate of operating income. The main reason was the increase in the gross profit margin of sewage treatment projects such as the township sewage treatment plant and supporting pipeline investment, construction and operation integration projects in Changfeng County, which was newly undertaken and started, and the company's increase in the collection of receivables, and the reduction of credit impairment losses.

The company expects its revenue range from January to September 2022 to be 435 million to 505 million, an increase of 5.59% year-on-year to 22.58%; the net profit attributable to the parent company's shareholders is 46 million to 55 million, an increase of 6.44% to 27.26% year-on-year; the non-net profit excluding non-net profit is 36 million to 45 million, an increase of 20.48% to 50.60% year-on-year.

Deng Bangwu and his wife controlled 65% of the equity. Before the family color

IPO, Deng Bangwu directly held 45.61% of the company's shares and indirectly controlled 9.76% of the company's shares through Anhui Haoyu, becoming the controlling shareholder of the company. In addition, Deng Bangwu's spouse Min Changfeng directly holds 9.76% of the company's shares, so Deng Bangwu and Min Changfeng directly and indirectly control a total of 65.12% of the company's shares and is the actual controller of the company.

Beicheng Water holds 5.61% of the shares, Xingtai Optoelectronics (SS) holds 4.21% of the shares, Anhua Fund holds 3.66%, Tianjin Binhai holds 2.93%, Li Guanghong holds 2.36%, Anyuan Fund holds 2.3% of the shares;

Liu Yong holds 1.63%, Chizhou Zhongan, Hefei Zhongan, Chuzhou Zhongan and Bozhou Zhongan holds 1.4% of the shares, Deng Bangping holds 1.3%, and Guoyuan Fund (SS) holds 1.22%.

Among them, Deng Bangwu is the chairman, Min Changfeng is the sales manager, Li Guanghong is the cousin of Deng Bangwu, and indirectly holds 3.09% of Shunyu Water Affairs through Anhui Haoyu, Deng Bangping is Deng Bangwu's sister, and is the head of the administrative management department; Deng Bangqi is Deng Bangwu's younger brother, and directly holds 0.33% of the shares, and indirectly holds 0.24% of the shares through Anhui Haoyu, and is the marketing director, the head of the Shaanxi branch, the chairman and general manager of Shaanxi Shunyu;

Deng Bangwu, Deng Bangping and Deng Bangqi's nephew Deng Zhuozhi directly holds 0.33% of the shares, and indirectly holds 0.24% of the shares through Anhui Haoyu, and marketing director; Deng Bangwu, Deng Bangping and Deng Bangqi's cousin Deng Zhuoyun directly holds 0.24% of the shares, and indirectly holds 0.08% of the shares through Anhui Haoyu;

Li Guanghong's aunt Chen Shifang directly holds 0.02% of the shares, and indirectly holds 0.02% of the shares through Anhui Haoyu;

Li Guanghong's aunt Chen Shifang directly holds 0.02% of the shares, and indirectly holds 1.02% of the shares through Anhui Haoyu; Holding 0.08% of the shares; Deng Bangwu, Deng Bangping, and Deng Bangqi's nephew Yan Ao directly holds 0.08% of the shares and is the manager of Fuyang Marketing Center; Min Changfeng's brother Min Changbing directly holds 0.08% of the shares, Deng Bangping's husband Liu Kaiyin indirectly holds 0.08% of the shares through Anhui Haoyu, and is the manager of the Caisu Management Department; after

IPO, Deng Bangwu held 34.17% of the shares, Min Changfeng and Anhui Haoyu held 7.31 shares respectively %, Beicheng Water holds 4.2%, Xingtai Optoelectronics (SS) holds 3.15%, Anhua Fund holds 2.74%, Tianjin Binhai holds 2.19%, Li Guanghong holds 1.77%, Anyuan Fund holds 1.72%;

Liu Yong holds 1.22%, Chizhou Zhongan, Hefei Zhongan, Chuzhou Zhongan and Bozhou Zhongan holds 1.05%, Deng Bangping holds 0.97%, and Guoyuan Fund (SS) holds 0.91%.

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