Recently, the new third board once again set off an upsurge of listing on the Beijing stock exchange, and many companies announced the launch of listing guidance. Among them, some enterprises are still at the basic level, and some enterprises have reached the financial conditions for listing on the Beijing stock exchange.
A number of enterprises have “changed their way” from IPO to Beijing stock exchange. Kelei technology, which has received listing guidance for many years, plans to apply for listing on Beijing stock exchange by using the relevant conditions of R & D indicators.
many enterprises enter the Beijing stock exchange
Recently, the impact of new third board enterprises on the Beijing stock exchange IPO heat continued to rise.
Bawei shares announced that on March 10, Guangdong Securities Regulatory Bureau accepted the application materials submitted by the company for guidance and filing for public offering of shares to unspecified qualified investors and listing on Beijing stock exchange, and confirmed that the guidance and filing date was March 10, 2022.
According to the current financial report, the company claims to be listed on the Beijing stock exchange and has “met the standard”. The audited net profit attributable to the shareholders of the listed company in 2019 and 2020 (based on the lower one before and after deducting non recurring profits and losses) was 17.27 million yuan and 25.72 million yuan respectively, and the weighted average return on net assets (based on the lower one before and after deducting non recurring profits and losses) was 11.95% and 15.55% respectively, It meets the financial conditions for listing on the Beijing stock exchange stipulated in article 2.1.3 of the listing rules.
A number of basic level enterprises announced the listing plan of the Beijing stock exchange in advance. In November, the company filed with the China Securities Regulatory Commission and declared that it was not qualified to be listed on the stock market.
Hairong pharmaceutical plans to apply for the IPO of Beijing stock exchange by using relevant indicators of R & D expenditure According to the 2019 annual report and 2020 annual report disclosed by the company, the audited R & D expenses of the company in 2019 and 2020 were 33.32 million yuan and 47.35 million yuan respectively, meeting the financial conditions for listing on the Beijing stock exchange stipulated in article 2.1.3 of the listing rules.
Kangnong seed industry, also at the basic level, announced that the company submitted the guidance filing application materials to Hubei regulatory bureau on March 7, and the guidance organization was First Capital Securities Co.Ltd(002797) securities underwriting and recommendation Co., Ltd.
The audited net profits attributable to the shareholders of the listed company in 2019 and 2020 were 33 million yuan and 26.81 million yuan respectively, and the weighted average return on net assets were 27.28% and 20.92% respectively, which met the financial conditions for listing on the Beijing stock exchange stipulated in article 2.1.3 of the listing rules.
The above companies respectively suggested that the company has not disclosed the annual report of the last year, and the financial data of the last two years may not meet the conditions for public offering and listing on the Beijing stock exchange. Hairong pharmaceutical and other companies also said that the company is currently listed at the basic level and must enter the innovation level before applying for public offering and listing on the Beijing stock exchange.
from IPO to Beijing stock exchange frequently
Tianye shares, which is in the guidance of IPO listing, suddenly announced that the guidance sector was changed from the main board of Shenzhen Stock Exchange to Beijing stock exchange. For this move, the company said it was “in view of the needs of the company’s strategic development and market operation”.
Field shares can be described as the “veteran” of the proposed IPO company of the new third board. As early as 2016, the company launched the IPO plan. After terminating the listing guidance in 2019, the company restarted the IPO plan again in January 2022, which means the listing of Shenzhen Stock Exchange.
This time, the company turned to the Beijing stock exchange for listing. The company was full of confidence. While announcing the change of the guidance and filing sector, the company quickly disclosed the IPO plan of the Beijing stock exchange: the company plans to issue no more than 50 million shares, and no more than 57.5 million shares when fully exercising the over allotment option of this stock issue.
According to the company’s performance, the financial indicators have not yet met the listing conditions of the Beijing stock exchange: the audited net profits attributable to the shareholders of the listed company in 2019 and 2020 are 21.85 million yuan and 16.6 million yuan respectively, and the weighted average return on net assets are 2.88% and 2.26% respectively, which do not meet the financial conditions for listing on the Beijing stock exchange as stipulated in article 2.1.3 of the listing rules.
Colette technology also plans to “switch” from IPO to Beijing stock exchange. Kelei technology, which has already started listing guidance in 2017, announced that while changing the guidance organization, Shenzhen Securities Regulatory Bureau accepted the application materials submitted by the company for public offering of shares to unspecified qualified investors and listing guidance and filing on the Beijing stock exchange. The filing date is March 8.
According to the financial report of Kelei technology, the audited R & D expenditure of the company in 2019 and 2020 was 42.25 million yuan and 35.32 million yuan respectively, which met the financial conditions for listing on the Beijing stock exchange stipulated in article 2.1.3 of the listing rules.
these enterprises terminate the listing plan of the Beijing stock exchange
While enterprises accelerated the pace of sprint to the Beijing stock exchange, some enterprises suddenly announced the termination of the IPO plan of the Beijing stock exchange.
Pucao technology, which has lined up in the “team” of the Beijing stock exchange for more than a year, suddenly announced that the company plans to terminate the application for public offering of shares to unspecified qualified investors and listing on the Beijing stock exchange and withdraw the relevant application materials because of the consideration of future strategic adjustment and the planning of the capital market path.
In terms of performance, Pucao technology achieved year-on-year growth in revenue and profit in 2020, with a net profit of more than 40 million yuan and a net profit of more than 39 million yuan after deduction. According to the financial data of 2021 recently released by the company, the company achieved year-on-year growth in revenue last year, but the profit decreased slightly compared with the same period, with a net profit of 39.67 million yuan.
Hongyue flower also announced that after consensus, the company and Sino German securities signed an agreement on terminating the guidance agreement on March 8 and submitted the filing materials for terminating the listing guidance of the Beijing stock exchange to Zhejiang Securities Regulatory Bureau on March 9. So far, the company has received counseling for nearly 2 months. It is worth mentioning that Hongyue flower is also changing the continuous supervision of the host securities companies, terminating the counseling or related to it.
According to the announcement, the audited net profits attributable to the shareholders of the listed company in 2019 and 2020 were 10.02 million yuan and 19.43 million yuan respectively, and the weighted average return on net assets were 3.36% and 6.18% respectively, which did not meet the financial conditions for listing on the Beijing stock exchange stipulated in Article 2.1.3 of the listing rules.
In the secondary market, Hongyue flower weakened on March 11 after announcing the termination of the listing guidance of the Beijing stock exchange, closing down 1.36% on the same day.
