As of April 6, one year has passed since the formal merger of Shenzhen main board and small and medium-sized board. Relevant statistics show that in the past year, 28 enterprises have landed on the Shenzhen main board through IPO, raising a total of more than 23 billion yuan; The cumulative financing and transactions of IPO, refinancing, M & A and reorganization involve more than 660 companies, with a total amount of more than 730 billion yuan; Nearly 1500 main board companies have a total market value of more than 22 trillion yuan. Insiders pointed out that after the merger of the two boards, the issuance and listing function of the new main board has been restored, the market vitality and toughness have been greatly improved, and the functions of direct financing and resource allocation have become more and more unblocked. The Shenzhen Stock Exchange has formed a “main board + gem” market system, further improved the efficiency of market-oriented allocation of capital factors, and further enhanced its ability to serve the real economy and support national development strategies.
On March 18, kangguan technology was listed on the main board of Shenzhen stock market. Data show that kangguan technology’s net IPO raised about 2 billion yuan. Kangguan technology said in the prospectus that the net amount of the IPO funds actually raised after deducting the issuance expenses is used for kangguan intelligent display terminal product expansion project, headquarters building, R & D and testing center project and other projects related to the company’s main business and supplementary working capital. In addition, in the past year since the merger of Shenzhen main board and small and medium-sized board, there are four enterprises that have landed on Shenzhen main board through IPO, including Bank of Lanzhou, Dongrui Food Group Co.Ltd(001201) , Inner Mongolia Dazhong Mining Co.Ltd(001203) , China Railway Special Cargo Logistics Co.Ltd(001213) and so on, with a net fund-raising of more than 1.5 billion yuan. Overall, in the past year, a total of 28 enterprises have landed on the Shenzhen main board through IPO, with a total net fund-raising of 21.305 billion yuan.
In addition, over the past year, the main board companies have implemented a total of 166 refinancing orders, with a total financing amount of 329988 billion yuan, of which the refinancing amount of manufacturing enterprises reached 219854 billion yuan, accounting for 66.62%. The main board company has implemented and completed 43 major asset restructuring, with a total transaction amount (excluding supporting fund-raising) of 230525 billion yuan.
China International Capital Corporation Limited(601995) chief economist Peng Wensheng believes that the merger of the main board of Shenzhen Stock Exchange and the small and medium-sized board is to further promote the stock reform of the capital market. The merger of Shenzhen main board and small and medium-sized board has formed a broader and deeper sector. In addition, it also has its own focus with the gem to meet the financing needs of enterprise development at different stages.
So far, there are 1493 Shenzhen Main Board companies with a market value of more than 22 trillion yuan. There are 981 mainboard manufacturing companies, accounting for 65.71%, including traditional basic manufacturing companies and advanced manufacturing companies. There are 36 companies with a market value of more than 100 billion yuan on the main board, including leading enterprises in many industries.
From the perspective of annual performance, Shenzhen main board company has developed well as a whole, showing strong toughness. By the end of March, 547 Shenzhen Main Board companies had disclosed their annual reports or performance letters, which are expected to achieve an average operating revenue of 15.462 billion yuan, a year-on-year increase of 29.61%, and an average net profit of 1.113 billion yuan, a year-on-year increase of 26.47% The operating income of 20 companies, including Boe Technology Group Co.Ltd(000725) , Byd Company Limited(002594) , S.F.Holding Co.Ltd(002352) , Weichai Power Co.Ltd(000338) , exceeded 100 billion yuan The net profits of 32 companies including Boe Technology Group Co.Ltd(000725) , Hangzhou Hikvision Digital Technology Co.Ltd(002415) , Cgn Power Co.Ltd(003816) , Citic Pacific Special Steel Group Co.Ltd(000708) and others exceeded 5 billion yuan. There are 304 companies with a compound growth rate of net profit of more than 30% in recent three years. The average net profit of 10 major industries of the CSRC on the Shenzhen main board was positive, and the net profit of 8 industries increased. The net profit of 279 manufacturing companies in the main board chemical, mechanical equipment, electronics, non-ferrous metals, medicine and biology industries increased by more than 50%. Among them, Boe Technology Group Co.Ltd(000725) achieved a revenue of 219310 billion yuan, a year-on-year increase of 61.79%; The net profit was 25.831 billion yuan, a year-on-year increase of 412.96%. Chemical fiber leader Rongsheng Petro Chemical Co.Ltd(002493) achieved a revenue of 181535 billion yuan, a year-on-year increase of 69.24%; The net profit was 12.843 billion yuan, a year-on-year increase of 75.72%. The leader of photovoltaic equipment Tianjin Zhonghuan Semiconductor Co.Ltd(002129) achieved a revenue of 41.025 billion yuan, an increase of 115.28% year-on-year; The net profit was 4.020 billion yuan, a year-on-year increase of 269.14%.
The 2022 government work report made a deployment on promoting the key reform of the capital market and proposed to “fully implement the stock issuance and registration system and promote the stable and healthy development of the capital market”. Insiders pointed out that since the implementation of the merger of the two boards, a series of institutional rules of the Shenzhen main board have operated effectively, and the overall operation of the market is stable and in line with market expectations. The market generally believes that the merger of the two boards is the practical need to comply with the law of market development and the internal requirement of building a concise and clear market system, which has further consolidated the market foundation for the full implementation of the registration system and enhanced the confidence of comprehensively deepening the reform of the capital market Relevant report
The first anniversary of the new main board of Shenzhen Stock Exchange delivered the answer sheet: “ten more” to help the real economy make progress in stability and improve quality in progress
A small step in the merger of the two boards and a big step in the deep reform of the capital market
