Zhejiang Jindao Technology Co., Ltd
Initial public offering and listing on GEM
Suggestive announcement of listing announcement
The company and all directors, supervisors and senior managers guarantee the authenticity, accuracy and completeness of the listing announcement, promise that there are no false records, misleading statements or major omissions in the listing announcement, and bear individual and joint legal liabilities.
With the approval of Shenzhen Stock Exchange, the RMB ordinary shares issued by Zhejiang Jindao Technology Co., Ltd. (hereinafter referred to as “the company” or “the company”) will be listed on the gem of Shenzhen Stock Exchange on April 13, 2022, 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 website designated by the China Securities Regulatory Commission (www.cn. Info. Com. CN) China Securities Network (www.cs. Com. CN.) China Securities Network (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
1. Stock abbreviation: Jindao Technology
2. Stock Code: 301279
3. Total share capital after IPO: 100 million shares
4. Increased shares from initial public offering: 25 million shares
5. Shares transferred from old shares: 0 million shares II. Risk warning
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.
According to the industry classification guidelines for listed companies (revised in 2012) issued by the CSRC, the issuer’s industry is general equipment manufacturing (C34). The static average p / E ratio of “general equipment manufacturing industry (C34)” released by China Securities Index Co., Ltd. in the latest month is 32.95 times (as of March 28, 2022). Please refer to it when investors make decisions.
The issuance price of 31.20 yuan / share corresponds to the lower net profit diluted P / E ratio of the issuer before and after deducting non recurring profits and losses in 2020, which is 47.90 times higher than the average static P / E ratio of the industry in the latest month released by China Securities Index Co., Ltd. on March 28, 2022 (T-3), with an excess range of 45.37%.
2. The valuation levels of comparable listed companies disclosed in the prospectus are as follows:
In 2020, deduct the static securities code corresponding to the stock on T-3 day in 2020. The securities are referred to as non front EPS and non back EPS. The closing price of non front EPS (yuan / share) (yuan / share) / share) (before deduction) (after deduction)
Zhejiang Wanliyang Co.Ltd(002434) .SZ Zhejiang Wanliyang Co.Ltd(002434) 0.4607 0.3341 7.69 16.69 23.02
Hangzhou Advance Gearbox Group Co.Ltd(601177) .SH Hangzhou Advance Gearbox Group Co.Ltd(601177) 0.2098 0.0840 8.70 41.48 103.52
Zhejiang Zomax Transmission Co.Ltd(603767) .SH Zhejiang Zomax Transmission Co.Ltd(603767) 0.1806 0.1579 7.32 40.54 46.37
Mean value — 32.90 57.64
Data source: wind information, data as of March 28, 2022 (T-3).
Note: 1. Calculation criteria of EPS before / after deduction of non recurring profit and loss in 2020: net profit attributable to the parent company before / after deduction of non recurring profit and loss in 2020 / total share capital on T-3 (March 28, 2022).
The issuance price of 31.20 yuan / share corresponds to the lower net profit diluted P / E ratio of the issuer before and after deducting non recurring profits and losses in 2020, which is 47.90 times higher than the average static P / E ratio of the industry in the latest month released by China Securities Index Co., Ltd. on March 28 (T-3), 2022, with an excess range of 45.37%; After deducting the average price earnings ratio of 2020, the company’s stock price will fall by 64.57 times lower than the average price earnings ratio of 2020.
If the issuer’s raised funds are not used properly or the business cannot grow synchronously in the short term, it will have an adverse impact on the issuer’s profitability or there is a risk of a significant decline in the issuer’s return on net assets, resulting in a decline in the issuer’s valuation level and stock price, resulting in the risk of investment loss to investors.
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 (I) company contact information
Company name: Zhejiang Jindao Technology Co., Ltd
Legal representative: Jin Yanrong
Address: No. 689, Bujin Road, Keqiao District, Shaoxing City, Zhejiang Province
Tel: 057588009518
Contact person: Tang Weijiang (II) contact information of the sponsor and the sponsor representative
Sponsor (lead underwriter): Guotai Junan Securities Co.Ltd(601211)
Legal representative: He Qing
Address: No. 618, Shangcheng Road, China (Shanghai) pilot Free Trade Zone
Tel: 02138676666
Sponsor representatives: Wang Sheng, Xue Bo
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Zhejiang Jindao Technology Co., Ltd
(there is no text on this page, which is the seal page of the suggestive announcement of the listing announcement of Zhejiang Jindao Technology Co., Ltd. on its initial public offering and listing on the GEM)
Guotai Junan Securities Co.Ltd(601211) mm / DD / yyyy
