In the first week of the year of the ox (February 7-11), although the A-share market fluctuated downward, the three new shares listed this week were not broken on the first day of listing. Among them, on the first day of listing, CICA security increased by 27.53%; Ternary organisms increased by 17.12%; The eastern micro semiconduction is 0.08%.
From February 14 to 18, a total of four companies will start subscription, namely West Point Pharmaceutical (301130), Hongxi Technology (871857), Han CNC (301200) and Hongying intelligence (001266). Among them, next Wednesday (February 16) will launch a new gem IPO, and Han’s CNC is the leader of China’s PCB (printed circuit board) equipment manufacturer. Han’S Laser Technology Industry Group Co.Ltd(002008) directly holds 94.145% of the shares of the company and is the controlling shareholder of the company.
three new shares were not broken on the first day
The three companies listed in the first week of the year of the ox did not break on the first day of listing. On the first day of listing, CICA security increased the most, at 27.53%; Ternary organisms increased by 17.12%; East micro semiconductors only 0.08%. The latest closing price of AsiaInfo security listed on February 9 has fallen below the issue price to 29.70 yuan.
Among the new shares listed this year, there are three new shares with an issue price of more than 100 yuan. Aojie technology ranks first in the IPO price of listed new shares this year with 164.54 yuan. The issuing prices of Dongwei semi guide and Sanyuan biology listed last week exceeded 100 yuan, the second and third highest priced new shares this year, respectively.
Dongwei semiconductor is a leading manufacturer of high-performance power devices in China, with an issue price of 130 yuan and an issue price earnings ratio of 429.3 times. Sanyuan biology is a professional manufacturer that started the industrial production of erythritol in China earlier, with an issue price of 109.30 yuan and an issue P / E ratio of 63.39 times.
The risk of high price issuance is not small. Among the three 100 yuan new shares this year. Aojie technology broke off on the first day of listing, and closed down 33.75% on the first day of listing, becoming the new share with the largest decline on the first day of listing this year. The day after the listing of Dongwei semi Guide (February 11), it broke once, with the lowest falling to 121.1 yuan.
As the largest producer of erythritol in the world, ternary biology has maintained a strong share price with the concept of sugar free. Ternary biology pointed out in the prospectus that the company is a professional manufacturer that started the industrial production of erythritol earlier in China. Since its establishment in 2007, the company has focused on deeply cultivating erythritol products for more than ten years, successively overcome many alleviated process problems such as strain breeding, formula optimization, fermentation control and crystallization extraction, and gradually grow into one of the leaders in the global erythritol industry.
According to Sullivan research data, in 2019, the output of ternary biological erythritol accounted for 54.9% of China’s total output of erythritol and 32.94% of the global total output, making it the largest enterprise in the global erythritol industry.
From the perspective of performance, Sanyuan biology is in the stage of accelerating the release of performance growth expectations in recent years, and its main business also maintains a gross profit margin much higher than that of its peers.
According to the data, from 2018 to the first half of 2021, the company achieved revenue of 292 million yuan, 477 million yuan, 783 million yuan and 787 million yuan, and net profit of 68.885 million yuan, 136 million yuan, 233 million yuan and 243 million yuan. Sanyuan biology predicts that the revenue in 2021 will be 1.57 billion yuan to 1.67 billion yuan, with a year-on-year increase of 100.96% – 113.07%; The net profit was 490 million yuan to 540 million yuan, with a year-on-year increase of 111.96% – 132.63%, and the main business maintained a rapid growth rate.
the third new share of Beizheng this year
According to the current arrangement, if there is no change (February 14-18), a total of four companies will start subscription, namely West Point pharmaceutical, Hongxi technology, Han CNC and Hongying intelligence.
Among the four new shares, Han’s CNC has the highest fund-raising amount. This IPO plans to raise 1.765 billion yuan. Han CNC is the leading manufacturer of PCB (printed circuit board) equipment in China. Han’S Laser Technology Industry Group Co.Ltd(002008) directly holds 94.145% of the shares of the company and is the controlling shareholder of the company.
According to the prospectus, Han CNC’s main business is the R & D, production and sales of PCB special equipment. During the reporting period, the products mainly cover PCB key processes such as drilling, exposure, molding and testing. It is one of the enterprises with the most extensive product lines among PCB special equipment enterprises in the world.
At present, West Point pharmaceutical and Hongxi technology have announced the issuance price and corresponding P / E ratio. The issuing price of West Point pharmaceutical is 22.55 yuan, and the issuing P / E ratio is 42.95 times, which is 31.02 times higher than the dynamic P / E ratio of the industry in recent January.
Hongxi technology is the third new share issued by the Beijing stock exchange this year, with an issue price of 12 yuan and an issue price earnings ratio of 24.18 times; It is 32.67 times lower than the dynamic P / E ratio of the industry in recent January. In the strategic placement link, Hongxi technology has attracted 9 war investors, including Huaxia Fund, Harvest Fund, open source securities, etc.
Statistics show that Hongxi technology’s main business is the design, R & D, production and sales of high-precision electronic wire components and micro electro acoustic devices. The company has established stable cooperative relations with international well-known enterprises such as Renbao, Yingyeda, Guangda, Lianbao, Weichuang and Huaqin. The products are finally applied to head notebook brands such as Lenovo, ASUS and Dell.
Monday (February 14)
West Point Pharmaceutical (301130) is an enterprise engaged in the R & D, production and sales of chemical raw materials and preparations. The company has formed a product system with anti anemia drugs, drugs for the treatment of mental disorders and raw materials as the core, and drugs for the treatment of cardiovascular and cerebrovascular diseases and anti-tumor drugs as the auxiliary. The IPO of West Point pharmaceutical raised 456 million yuan for the construction project of comprehensive solid preparation workshop, the construction project of modern extraction workshop of traditional Chinese medicine, the production project of escitalopram oxalate API, the construction project of R & D center and the construction project of marketing network.
Tuesday (February 15)
Hongxi Technology (871857) is mainly engaged in the design, R & D, production and sales of high-precision electronic wire components and micro electroacoustic devices. The company’s products mainly include very thin coaxial line components, very thin Teflon wire components, other high-precision electronic wire components and micro speakers, which are mainly used in the field of consumer electronics dominated by notebook computers. The 221 million yuan raised in this IPO is mainly planned to be used for the construction project with an annual output of 13 million high-precision electronic wire components, the construction project with an annual output of 17 million new and micro speakers and supplement working capital.
Wednesday (February 16)
Han CNC (301200) is one of the enterprises with the most extensive product lines among PCB special equipment enterprises in the world. Its products mainly cover PCB key processes such as drilling, exposure, forming and testing. Its products widely cover multiple PCB subdivision fields such as multilayer board, HDI board, IC packaging substrate, flexible board and rigid flex combination board. The company’s customers are high-quality and cover a wide range, covering 89 enterprises in the 2019 NTI global top 100 PCB enterprises list and 95 enterprises in the cpca2019 China comprehensive top 100 PCB enterprises list. Han CNC plans to raise 1.765 billion yuan for the reconstruction and expansion project of PCB special equipment production and the construction project of PCB special equipment technology R & D center.
Thursday (February 17)
Hongying intelligent (001266) is a leading enterprise in the field of intelligent electrical control system for China mobile machinery and special vehicles. The main business includes the R & D, production and sales of intelligent electronic control products and intelligent electronic control assemblies. The company has successively established good cooperative relations with many leading enterprises of mobile machinery and special vehicles, such as Sany group, Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Weichai Lovol heavy industry, Sunward Intelligent Equipment Co.Ltd(002097) . Hongying intelligent plans to raise 709 million yuan for intelligent electrical control system and product expansion projects, marketing network construction projects and R & D center construction projects.
