Shenwan Hongyuan Group Co.Ltd(000166) securities underwriting and recommendation Co., Ltd
About Huaming Power Equipment Co.Ltd(002270)
Non public offering of shares
Listing recommendation
Sponsor
March, 2002
Statement
Shenwan Hongyuan Group Co.Ltd(000166) securities underwriting and recommendation Co., Ltd. and its recommendation representatives have been honest, trustworthy, diligent and responsible in accordance with the company law of the people's Republic of China (hereinafter referred to as the company law), the securities law and other laws and regulations and the relevant provisions of the CSRC and Shenzhen Stock Exchange, issued the listing recommendation letter in strict accordance with the business rules and industry self-discipline norms formulated according to law, and guaranteed that the documents issued are true, accurate and reliable Complete.
Shenzhen Stock Exchange:
With the approval of the reply on the approval of Huaming Power Equipment Co.Ltd(002270) non-public Development Bank shares (zjxk [2022] No. 94) by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), Huaming Power Equipment Co.Ltd(002270) (hereinafter referred to as the "company", "issuer" or " Huaming Power Equipment Co.Ltd(002270) ") issued 136986301 ordinary shares (A shares) in a non-public manner at an issue price of 3.65 yuan / share (hereinafter referred to as the "offering"), The total amount of raised funds is 4999999865 yuan. As the sponsor of Huaming Power Equipment Co.Ltd(002270) this non-public offering and listing, Shenwan Hongyuan Group Co.Ltd(000166) securities underwriting and recommendation Co., Ltd. (hereinafter referred to as " Shenwan Hongyuan Group Co.Ltd(000166) underwriting and recommendation" and "recommendation institution") believes that the listing of Huaming Power Equipment Co.Ltd(002270) this non-public offering of shares complies with the relevant provisions of the company law of the people's Republic of China, the securities law of the people's Republic of China, the measures for the administration of securities issuance of listed companies and the stock listing rules of Shenzhen Stock Exchange, It is recommended that its shares be listed and traded on your exchange. The relevant information is reported as follows:
1、 Basic information of the issuer
(I) basic information
Issuer name: Huaming Power Equipment Co.Ltd(002270)
Registered address: room 413415, No. 2222, Century Avenue, high tech Zone, Jinan, Shandong
Registration date: August 19, 2002
Contact: Xia Haijing
Tel: 86-2152708824
Fax: 86-2152708824
Development, production, sales and technical consultation of electric equipment, numerical control mechanical equipment, hydraulic and pneumatic components and environmental protection equipment; Import and export of goods and technology; Rental of self owned houses; Business scope: property management; Warehousing services (excluding hazardous chemicals); Consultation on industrial automation control technology; Sales of electronic and electrical components; Processing and sales of mechanical parts; Design and construction of environmental protection projects. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
Type of securities issuance: non-public offering
(II) main financial data and indicators of the issuer in recent three years and one period
1. Key financial data
(1) Main data of consolidated balance sheet
Unit: Yuan
Project 2021 / 9 / 302020 / 12 / 312019 / 12 / 312018 / 12 / 31
Current assets 29251631063425194958455223783812 Shanghai Xinpeng Industry Co.Ltd(002328) 5949382096
Non current assets 14812014079015442381013214638851928511902057826
Total assets 440636451424406373394684384226639308404969953922
Current liabilities 107546420595531969579895297874505097659455651
Non current liabilities 37463466025915809199609030832957072517457773
Total liabilities 145009886620144777877949143287074620170176913424
Owner's equity 2956265648042615955167352409395646882347933040498 total
Total liabilities and equity of all 440636451424406373394684384226639308404969953922
(2) Main data of consolidated income statement
Unit: Yuan
Project: January September 2021, 2020, 2019, 2018
Operating income 109206216659136824187785120251959194115947468494
Operating profit 471505695350062579591628590466016266319586
Total profit 47949176809364947623441684129954218328364864
Net profit 38781953655293438374551575354144317124282969
Total comprehensive income 38367389797274490070811634565253317141667195
(3) Main data of consolidated cash flow statement
Unit: Yuan
Project: January September 2021, 2020, 2019, 2018
1、 Net cash flow from operating activities 27281488371411772833251850925338643379060323
2、 Net cash flow from investing activities: 65636585061 -21328612751 -7003827793 -63610574742
3、 Net cash flow from financing activities - 50786049301 - 17262408843 - 1831816121118823148662
Impact of gold and cash equivalents -56758154 -439496017 -630133235413864908
5、 Net increase in cash and cash 420752659772146765714 -7442868853 -994500849
2. Main financial indicators
Project 2021 / 9 / 302020 / 12 / 312019 / 12 / 312018 / 12 / 31
Current ratio (Times) 2.72 4.74 4.49 2.93
Quick ratio (Times) 2.31 4.02 3.71 2.50
Asset liability ratio (consolidated) (%) 32.91 35.63 37.29 42.02
Net assets attributable to shareholders (3.88 yuan / share)
Project: January September 2021, 2020, 2019, 2018
Interest cover ratio (Times) 12.53 7.06 3.65 4.31
Accounts receivable turnover rate (Times) 1.13 1.45 1.04 1.01
Inventory turnover rate (Times) 1.31 1.80 1.44 1.64
Cash flow from operating activities per share (yuan / 0.36 0.54 0.24 0.57 shares)
Net cash flow per share (yuan / share) 0.55 0.03 -0.10 -0.01
Note: the calculation formula of main financial indicators is as follows: (1) current ratio = total current assets at the end of the period / total current liabilities at the end of the period; (2) Quick ratio = (total current assets at the end of the period - book value of inventories at the end of the period) / total current liabilities at the end of the period; (3) Asset liability ratio = total liabilities at the end of the period / total assets at the end of the period; (4) Net assets per share attributable to shareholders of the issuer = number of shareholders' equity attributable to the parent company at the end of the period / total share capital at the end of the period; (5) Interest coverage ratio = (total current profit + current interest expense) / current interest expense; (6) Accounts receivable turnover rate = current operating revenue amount / average of accounts receivable balance at the beginning and end of the period, which is not annualized from January to September 2021; (7) Inventory turnover rate = current operating cost amount / average of inventory balance at the beginning and end of the period, which is not annualized from January to September 2021; 2、 Issuer's current issuance
(I) type and par value of issued shares
The type of shares issued this time is domestic listed RMB ordinary shares (A shares), with a par value of RMB 1.00 per share.
(II) issued quantity
This non-public offering actually issued 136986301 shares.
(III) issue price
The pricing benchmark date of this offering is the announcement date of the resolution of the board of directors of this non-public offering (July 14, 2021), and the offering price is not less than 80% of the average trading price of the company's shares in the 20 trading days before the pricing benchmark date (the average trading price of the company's shares in the 20 trading days before the pricing benchmark date = the total trading volume of the shares in the 20 trading days before the pricing benchmark date / the total trading volume of the shares in the 20 trading days before the pricing benchmark date).
The company held the second extraordinary general meeting of shareholders in 2021 on September 9, 2021, and deliberated and approved the plan for the company's profit distribution in the half year of 2021. Based on the total share capital of 759239130 shares registered on the equity registration date, this equity distribution will distribute a cash dividend of RMB 1.60 (including tax) to all shareholders for every 10 shares, with a total cash dividend of RMB 12147826080 (including tax), no bonus shares and no capital reserve converted into share capital. The equity registration date of this equity distribution is October 21, 2021, and the ex dividend date is October 22, 2021. After the distribution of rights and interests, the issue price of the non-public offering was adjusted from 3.81 yuan / share to 3.65 yuan / share. In October 30, 2021, the company disclosed the announcement on adjusting the issuing price and issuing quantity of the non-public Development Bank after the implementation of the rights and interests allocation in 2021. (announcement number: [2021] 098).
(IV) issuance method
