Huarong Chemical Co., Ltd
Initial public offering and listing on GEM
Suggestive announcement of listing announcement
Sponsor (lead underwriter): Huatai United Securities Co., Ltd
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
With the approval of Shenzhen Stock Exchange, the RMB common shares issued by Huarong Chemical Co., Ltd. (hereinafter referred to as “the company”) will be listed on the gem of Shenzhen Stock Exchange on March 22, 2022. The full text of the listing announcement and the full text of the prospectus for the initial public offering of shares are disclosed on the websites designated by the CSRC (cninfo, www.cn. Info. Com. CN; CSI, www.cs. Com. CN; China Securities, www.cn. Stock. Com; securities times, www.stcn. Com; Securities Daily, www.zqrb. CN), For investors to consult.
QR code of web page: cninfo.com I. listing overview
(I) stock abbreviation: Huarong chemical
(II) Stock Code: 301256
(III) total share capital after initial public offering: 480000000 shares
(IV) increased shares in the initial public offering: 120000000 shares. All the shares in this offering are new shares without transfer of old shares. 2、 Risk tips
The company’s shares will be listed on the growth enterprise market of Shenzhen Stock Exchange, which has high investment risk. GEM companies have the characteristics of unstable performance, high operation risk and high delisting risk, and investors are facing greater market risk. Investors shall fully understand the investment risks of the gem and the information disclosed by the company
The offering price is 8.05 yuan / share, which does not exceed the median and weighted average of offline investors’ quotation after excluding the highest quotation, as well as the securities investment fund, national social security fund, basic old-age insurance fund established through public offering after excluding the highest quotation The enterprise annuity fund established in accordance with the measures for the administration of enterprise annuity fund and the insurance fund quotation median and weighted average in accordance with the measures for the administration of the use of insurance funds, whichever is lower. According to the industry classification guidelines for Listed Companies formulated by the CSRC, the industry of the issuer is “C26 chemical raw materials and chemical products manufacturing industry”. The static average p / E ratio of “C26 chemical raw materials and chemical products manufacturing industry” published by China Securities Index Co., Ltd. in the latest month is 41.65 times (as of March 4, 2022, T-4). The valuation levels of comparable listed companies are as follows:
4 (t-day-240, day 22 people receive the annual private price of 3 currency months) 2e0p2s0 (annual yuan deduction / share non) before 2020, after 2020, after 2020, after 2020, securities code, securities abbreviation EPS (yuan / share) non former P / E, non post P / E ratio
Tangshan Sunfar Silicon Industry Co.Ltd(603938) .SH Tangshan Sunfar Silicon Industry Co.Ltd(603938) 42.61 0.50 0.47 85.44 91.46
Sichuan Jinlu Group Co.Ltd(000510) .SZ Sichuan Jinlu Group Co.Ltd(000510) 6.89 0.12 0.11 58.67 65.24
Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) .SH Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) 25.86 0.30 0.25 87.09 102.76
Average 77.07 86.49
Source: wind data, as of March 4, 2022 (T-4)
Note 1: if there is mantissa difference in the calculation of P / E ratio, it is caused by rounding;
Note 2: EPS before / after deduction of non recurring profit and loss in 2020 = net profit attributable to the parent before / after deduction of non recurring profit and loss in 2020 / total share capital on T-4 day; The issuance price of 8.05 yuan / share corresponds to the lower diluted P / E ratio of the issuer’s net profit attributable to the parent before and after deducting non recurring profits and losses in 2020, which is 38.47 times lower than the static P / E ratio of comparable listed companies and the average static P / E ratio of “C26 chemical raw materials and chemical products manufacturing industry” published by China Securities Index Co., Ltd. on March 4, 2022 (T-4), However, there is still a risk that the decline of the issuer’s share price will bring losses to investors in the future.
There is a risk that the net asset scale will increase significantly due to the acquisition of raised funds, which will have an important impact on the issuer’s production and operation mode, operation management and risk control ability, financial status, profitability and long-term interests of shareholders.
The issuer and the recommendation institution (lead underwriter) remind investors to pay attention to investment risks, carefully study and judge the rationality of issuance pricing, and make investment decisions rationally. 3、 Contact information
1. Contact address and telephone number of the issuer
Issuer: Huarong Chemical Co., Ltd. contact address: No. 166, Linyang Road, Jiuchi Town, Pengzhou City, Chengdu City, Sichuan Province contact person: Zhang Wei contact number: 028862382152, contact address and contact number of the recommendation institution and the recommendation representative recommendation institution (lead underwriter): Huatai United Securities Co., Ltd. recommendation Representative: Gui Cheng Yi guitao contact address: 27th and 28th floors, fund building, No. 5999, Yitian Road, Futian District, Shenzhen Tel: 075581902010
(there is no text on this page, which is the signature page of the suggestive announcement of Huarong Chemical Co., Ltd. initial public offering and listing on the GEM)
Huarong Chemical Co., Ltd. (there is no text on this page, which is the signature page of Huatai United Securities Co., Ltd. on the suggestive announcement of Huarong Chemical Co., Ltd. initial public offering and listing on the GEM)
Huatai United Securities Co., Ltd
