China Greatwall Securities Co.Ltd(002939)
about
Shandong Liancheng Precision Manufacturing Co.Ltd(002921)
Non public offering of shares
of
Listing recommendation
Sponsor (lead underwriter)
(floors 10-19, South Tower, energy building, No. 2026, Jintian Road, Futian street, Futian District, Shenzhen) Shenzhen Stock Exchange:
Approved by the board of directors and the general meeting of shareholders of Shandong Liancheng Precision Manufacturing Co.Ltd(002921) (hereinafter referred to as " Shandong Liancheng Precision Manufacturing Co.Ltd(002921) ," issuer "or" company "), and approved by the China Securities Regulatory Commission (hereinafter referred to as" CSRC ") zjxk [2021] No. 3839 document, Shandong Liancheng Precision Manufacturing Co.Ltd(002921) issued 25 Sichuan Em Technology Co.Ltd(601208) new shares to 14 investors in a non-public manner at the price of 16.55 yuan / share through inquiry. The total amount of funds raised in this non-public offering is 42369999240 yuan, after deducting the issuance expenses of 2102738103 yuan (excluding value-added tax), the net amount of funds raised is 40267261137 yuan. The company has submitted relevant registration materials to Shenzhen Branch of China Securities Depository and Clearing Co., Ltd. On March 11, 2022, China Securities Depository and Clearing Co., Ltd. Shenzhen Branch issued the confirmation of acceptance of share registration application (business No.: 101 Shenzhen Properties & Resources Development (Group) Ltd(000011) 755), and the relevant shares will be officially included in the register of shareholders of the listed company after being registered.
As the sponsor of Shandong Liancheng Precision Manufacturing Co.Ltd(002921) this non-public offering of shares, China Greatwall Securities Co.Ltd(002939) (hereinafter referred to as " China Greatwall Securities Co.Ltd(002939) " sponsor "or" lead underwriter ") believes that Shandong Liancheng Precision Manufacturing Co.Ltd(002921) applying for this non-public offering of A-Shares and listing complies with the company law of the people's Republic of China, the securities law of the people's Republic of China and the measures for the administration of securities issuance of listed companies In accordance with the relevant provisions of laws and regulations such as the detailed rules for the implementation of non-public development of shares by listed companies and the stock listing rules of Shenzhen Stock Exchange, its shares are recommended to be listed and traded in your exchange.
The relevant information is reported as follows: I. overview of the issuer
(I) basic information of the issuer
Chinese name of the company Shandong Liancheng Precision Manufacturing Co.Ltd(002921)
English name of the company: Shanghai lianchengprecision Manufacturing Co., Ltd
Place of listing: Shenzhen Stock Exchange
Securities abbreviation Shandong Liancheng Precision Manufacturing Co.Ltd(002921)
Securities code: Shandong Liancheng Precision Manufacturing Co.Ltd(002921)
Registered address: No. 6, beihuancheng Road, economic development zone, Yanzhou District, Jining City, Shandong Province
Office address: No. 6, beihuancheng Road, economic development zone, Yanzhou District, Jining City, Shandong Province
The joint stock company was established on November 4, 2015
Legal representative: Guo yuanqiang
Share capital (after this issuance) 131683216
Unified social credit code 9137 Konka Group Co.Ltd(000016) 6116783g
Design, development and manufacturing: various auto parts, engineering machinery, tractors and other mechanical parts; Parts for water treatment system, commercial air conditioner, hydraulic system, industrial valve and reducer; Business scope of black and non-ferrous metal casting, precision casting, die casting and gravity casting; Precision die forging and alloy steel forging; R & D and manufacturing of electromechanical automation equipment; Design and manufacture of tooling and mould; Precision parts for expressways, high-speed railways, rail transit and power locomotives; Building hardware; Technical advisory services; Rental of self owned houses; estate management. Engaged in the sales of self-produced products of the company.
Company website http://www.lmc-ind.com./
Tel.: 05373956829, 05373956905
Fax: 05373956801
Postal Code: 272100
(II) main financial data and financial indicators of the issuer
The financial reports of the company for 2018, 2019 and 2020 have been audited by Hexin Certified Public Accountants (special general partnership), and unqualified audit reports of Hexin Shen Zi (2019) No. 000148, Hexin Shen Zi (2020) No. 000124 and Hexin Shen Zi (2021) No. Jiangsu Hagong Intelligent Robot Co.Ltd(000584) (with highlighted paragraphs) have been issued. The company's financial report from January to September 2021 was unaudited. The main financial data of the company and the most recent three years are as follows:
1. Main financial data of the last three years
(1) Main data of consolidated balance sheet
Unit: 10000 yuan
Project 2021.9.30202012.31201912.31201812.31
Total assets 17365642151482761258047712242107
Total liabilities 8159641662725255534135512901
Minority interests 342440 11.11 37.20 100.38
Shareholders' equity 920 Gree Real Estate Co.Ltd(600185) 2102470270646729206
(2) Main data of consolidated income statement
Unit: 10000 yuan
Project: January September 2021, 2020, 2019, 2018
Operating income 8861849912517774783966653843
Operating profit 761586889379549476506620
Total profit 764742882860527165521578
Net profit 613399716664456806445735
Net profit attributable to owners of parent company 622053719272462970449615
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 588863698700384871325898
(3) Main data of consolidated cash flow statement
Unit: 10000 yuan
Project: January September 2021, 2020, 2019, 2018
Net cash flow from operating activities 110066 -210248617254198489
Net cash flow from investment activities -1269670 -432982187359 -1729337
Net cash flow from financing activities 1488281822279 -649724 -197818
Impact of exchange rate changes on cash and cash equivalents -45.02 90.21 37.16 -25.59
Net increase in cash and cash equivalents -10152781188068158605 -1731225
2. Table of main financial indicators
Financial indicators 2021.9.30/ 202012.31/ 201912.31 / 201812.31 / January September 20212020 20192018
Current ratio (Times) 1.73 2.22 1.30 1.41
Quick ratio (Times) 0.83 1.43 0.76 0.62
Asset liability ratio (consolidated): 46.99%, 43.75%, 44.14%, 45.03%
Asset liability ratio (parent company): 44.52%, 41.45%, 37.81%, 40.72%
Accounts receivable turnover rate (Times) 3.40 4.12 4.52 4.69
Inventory turnover rate (Times) 2.28 2.95 2.48 2.55
Net assets per share (yuan) 8.68 10.44 8.78 8.41
Cash flow from operating activities per share (yuan) 0.10 -0.26 0.77 0.25
Net cash flow per share (yuan) -0.96 1.46 0.20 -2.16
Basically 0.59 0.69 0.45 0.43 before deducting non recurring profit and loss
Earnings per share (yuan) diluted 0.59 0.69 0.45 0.43
Fully diluted before deducting non recurring profit and loss 6.76 8.44 6.59 6.69
Return on net assets (%) weighted average 7.18 9.39 6.75 6.81
After deducting non recurring profit and loss, the basic profit and loss is 0.56 0.67 0.37 0.31
Earnings per share (yuan) diluted 0.56 0.67 0.37 0.31
Fully diluted after deducting non recurring profits and losses 6.40 8.20 5.48 4.85
Return on net assets (%) weighted average 6.79 5.24 5.61 4.93
Note 1: since the company converted 3 shares for every 10 shares to all shareholders with capital reserve in May 2021, in order to ensure the comparability of annual data, the earnings per share data in 2018, 2019 and 2020 in the above table are calculated based on the adjusted share capital after assuming that the company converted 3 shares for every 10 shares to all shareholders with capital reserve at the beginning of each year.
2、 Issuance of shares applying for listing
(I) types and par value of shares issued
The type of shares issued is domestic listed RMB ordinary shares (A shares), with a par value of RMB 1.00 per share.
(II) number and method of issuance
The number of shares in this non-public offering is 25 Sichuan Em Technology Co.Ltd(601208) , all of which are issued by means of non-public offering to specific objects, which meets the requirements of the CSRC on this approval document.
(III) issue price
The non-public offering of shares adopts the inquiry method, and the pricing benchmark date is the first day of the issuance period of the non-public offering of shares (i.e. February 18, 2022)
