Wankai New Material Co., Ltd
Initial public offering and listing on GEM
Suggestive announcement of listing announcement
Sponsor (lead underwriter): China International Capital Corporation Limited(601995)
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, wankai New Material Co., Ltd. (hereinafter referred to as “the company”)
RMB ordinary shares issued by “pedestrian” or “the company”) will be issued on March 29, 2022
Shenzhen stock exchange is listed on the gem. The full text of the listing announcement and the full text of the prospectus for initial public offering and listing on the gem are disclosed on the information disclosure 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
1、 Listing overview
(I) stock abbreviation: wankaixincai
(II) Stock Code: 301216
(III) total share capital after IPO: 343395400 shares
(IV) increased shares from initial public offering: 85.85 million 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 should fully understand the investment risks of the gem and the risk factors disclosed by the company, and make investment decisions prudently.
The issue price of this offering is 35.68 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 (revised in 2012) issued by the CSRC, the industry of the company is “chemical raw materials and chemical products manufacturing” (C26). As of March 14, 2022 (T-3), the average static P / E ratio of chemical raw materials and chemical products manufacturing industry (C26) released by China Securities Index Co., Ltd. in the latest month was 41.46 times. The valuation levels of comparable listed companies are as follows:
T-3 day in 2020
Securities code securities abbreviation before and after deduction stock price earnings ratio – price earnings ratio – EPS EPS closing price before and after deduction
(yuan / share) (yuan / share) (yuan / share) (2020) (2020)
China Resources Chemical Innovative Materials Co.Ltd(301090) .SZ China Resources Chemical Innovative Materials Co.Ltd(301090) 0.4252 0.3922 11.38 26.01 28.20
Jiangsu Sanfame Polyester Material Co.Ltd(600370) .SH Jiangsu Sanfame Polyester Material Co.Ltd(600370) 0.1435 0.0708 2.78 19.37 39.28
Average 22.69 33.74
Data source: wind information, data as of March 14, 2022.
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-3 day.
The issuance price of 35.68 yuan / share corresponds to the issuer’s audited diluted P / E ratio of net profit attributable to the parent before and after deducting non recurring profits and losses in 2020, which is 68.21 times higher 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 14, 2022 (T-3), There is 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
Issuer: wankai New Material Co., Ltd
Address: No. 15, Wenlan Road, Jianshan New District, Haining, Jiaxing City, Zhejiang Province
Legal representative: Shen Zhigang
Tel.: 057387802027
Fax: 057387802968
Contact: Gao Qiang
Sponsor (lead underwriter): China International Capital Corporation Limited(601995)
Address: 27th floor and 28th floor, building 2, international trade building, No. 1, Jianguomenwai street, Chaoyang District, Beijing
Legal representative: Shen rujun
Tel.: 01065051166
Fax: 01065051156
Contact: Yang Leijie
Issuer: sponsor (lead underwriter) of wankai New Material Co., Ltd.: China International Capital Corporation Limited(601995) March 28, 2021
Issuer: wankai New Material Co., Ltd. (no text on this page, which is the seal page of China International Capital Corporation Limited(601995) on the suggestive announcement of the announcement of wankai New Material Co., Ltd. on initial public offering and listing on the GEM)
China International Capital Corporation Limited(601995) mm / DD / yy
