Xinte Electric: suggestive announcement of IPO and listing on GEM

New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd

Initial public offering and listing on GEM

Suggestive announcement of listing announcement

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, the RMB ordinary shares issued by New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. (hereinafter referred to as “the issuer” or “the company”) will be listed on the gem of Shenzhen Stock Exchange on April 19, 2022. The full text of the listing announcement and the full text of the prospectus for the initial public offering of shares will be disclosed on cninfo.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.), Website QR code, cninfo, for investors to check.

1、 Listing overview

(I) stock abbreviation: Xinte electric

(II) Stock Code: 301120

(III) total share capital after IPO: 247627370 shares

(IV) shares increased by IPO: 61.92 million shares, all of which are new shares issued to the public without transfer of old 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.

According to the industry classification guidelines for listed companies (revised in 2012) issued by China Securities Regulatory Commission, Xinte Electric’s industry is “C38 electrical machinery and equipment manufacturing industry”. As of March 30, 2022 (T-4), the average static P / E ratio of “C38 electrical machinery and instrument manufacturing industry” released by China Securities Index Co., Ltd. in the latest month was 42.05 times.

As of March 30, 2022 (T-4), the average static P / E ratio of comparable listed companies (after deduction)

The specific valuation level is as follows:

2020 deduction 2020 deduction T-4 day stock corresponding static market corresponding static market securities abbreviation securities code non front EPS non back EPS closing price earnings ratio deduction non front earnings ratio deduction non back (yuan / share) (yuan / share) (yuan / share) (2020) (2020)

Tbea Co.Ltd(600089) Tbea Co.Ltd(600089) . SH 0.6564 0.4847 20.60 31.38 42.50

China Xd Electric Co.Ltd(601179) China Xd Electric Co.Ltd(601179) . SH 0.0473 0.0139 4.53 95.83 324.89

Ceepower Co.Ltd(300062) Ceepower Co.Ltd(300062) . SZ 0.0393 0.0322 9.02 229.80 280.37

State Grid Yingda Co.Ltd(600517) State Grid Yingda Co.Ltd(600517) . SH 0.2057 0.2197 5.71 27.77 25.99

Hainan Jinpan Smart Technology Co.Ltd(688676) Hainan Jinpan Smart Technology Co.Ltd(688676) . SH 0.5440 0.4791 20.75 38.14 43.31

Average 48.28 109.18

Data source: Hithink Royalflush Information Network Co.Ltd(300033)

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-4 day;

Note 3: among them, PE before and after deduction in 3 Hengli Industrial Development Group Co.Ltd(000622) 020 is much higher than the P / E ratio of the same industry, which is not included in comparable companies

The calculation category of the average value of P / E ratio.

The issue price is 13.73 yuan / share, which is lower before and after deducting non recurring profits and losses of the issuer in 2020

The diluted P / E ratio of the net profit attributable to the parent company is 43.68 times, which is lower than the static P / E ratio of comparable listed companies and higher than that of medium listed companies

“C38 electrical machinery and apparatus manufacturing” issued by China Securities Index Co., Ltd. on March 30, 2022 (T-4)

The average static P / E ratio of “industry” in the last month has the potential to cause losses to investors due to the decline of the issuer’s share price in the future

Risk.

The issue resulted in a significant increase in the scale of net assets due to the acquisition of raised funds, resulting in a return on net assets

The decline in the rate will have an impact on the issuer’s production and operation mode, operation management and risk control ability, financial status and profitability

Risk that has an important impact on the level and long-term interests of shareholders.

The issuer and the recommendation institution (lead underwriter) draw investors’ attention to investment risks and carefully study and judge the issuance decision

Reasonable price and make investment decisions rationally.

3、 Contact information

(I) contact address and telephone number of the issuer

Name New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd

Legal representative: Tan Yong

Address: a801, office building 8, building 2, yard 1, lizezhong 1st Road, Chaoyang District, Beijing

Tel: (010) 85577061

Fax (010) 84782181

Contact: Duan Tingting

(II) contact address and telephone number of the recommendation institution and the recommendation representative

Name: Minsheng Securities Co., Ltd

Legal representative: Feng Henian

Address: No. 8, Puming Road, China (Shanghai) pilot Free Trade Zone

Tel: (021) 60453965

Fax (021) 60876732

Sponsor representatives: Zhang Haidong and Xiao Bing

(no text below)

(there is no text on this page, which is the seal page of the suggestive announcement of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. initial public offering and listing on GEM)

New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. (this page has no text and is the seal page of the notice of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. on initial public offering and listing on GEM)

Minsheng Securities Co., Ltd

- Advertisment -