New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd
(office a801, 8th floor, building 2, courtyard 1, lizezhong 1st Road, Chaoyang District, Beijing)
Initial public offering and listing on GEM
Listing announcement
Sponsor (lead underwriter)
No. 8, Puming Road, China (Shanghai) pilot Free Trade Zone
April, 2002
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. listing announcement
catalogue
catalogue 1 special tips Section 1 important statements and tips four
1、 Important statement four
2、 Special tips on investment risks at the initial stage of gem IPO four
3、 Special risk tips Section 2 stock listing ten
1、 Review of stock registration and listing ten
2、 Information about stock listing III. The specific listing standards selected by the company when applying for initial public offering and listing and meeting the selected standards after public offering
City standard and its description Section III information of the issuer, shareholders and actual controllers nineteen
1、 Basic information of the company nineteen
2、 All directors, supervisors, senior managers and their shares and bonds of the company nineteen
3、 Information of controlling shareholders and actual controllers twenty
4、 Equity incentive and employee stock ownership plan twenty-one
5、 Changes in share capital structure before and after this offering twenty-two
6、 The number of shareholders before the listing and the situation of the top ten shareholders holding shares twenty-nine
7、 The strategic placement of this offering Section IV stock issuance thirty-one
1、 Number of IPO shares thirty-one
2、 Issue price thirty-one
3、 Par value per share thirty-one
4、 Issue P / E ratio thirty-one
5、 Issue price to book ratio thirty-two
6、 Issuance method and subscription thirty-two
7、 The total amount of funds raised and the verification of funds in place by Certified Public Accountants thirty-three
8、 Total and detailed composition of issuance expenses, issuance expenses per share thirty-three
9、 Net raised funds thirty-four
10、 Net assets per share after issuance thirty-four
11、 Earnings per share after issuance thirty-four
12、 Over allotment options Section V Financial and accounting data thirty-five
1、 Main financial data and financial indicators in 2021 thirty-five
2、 Main operations and changes in 2021 thirty-six
3、 Expected performance from January to March 2022 forty
Section VI other important matters forty-two
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. listing announcement
1、 Arrangements for special account storage of raised funds and tripartite supervision agreement forty-two
2、 Other matters Section 7 listing recommendation institutions and their opinions forty-four
1、 Recommendation opinions of the sponsor on this stock listing forty-four
2、 Relevant information of the sponsor forty-four
3、 Continuously supervise the specific situation of the sponsor representative Section VIII important commitments 46 I. restricted sale arrangement of shares held by shareholders before this offering, voluntary lock-in of shares, extension of lock-in period and shareholding of shareholders
And reduction intention and other commitments forty-six
2、 Measures and commitments to stabilize the stock price fifty
3、 Measures and commitments for share repurchase and share repurchase fifty-seven
4、 Commitment to repurchase shares issued and listed fraudulently fifty-eight
5、 Measures and commitments to fill diluted immediate returns fifty-eight
6、 Commitment to profit distribution policy sixty-one
7、 Commitment to undertake compensation or liability according to law sixty-two
8、 The issuer’s special commitment on Shareholder Information sixty-three
9、 Failure to fulfill commitments and binding measures sixty-four
10、 Other major matters affecting the issuance and listing and the judgment of investors sixty-six
11、 Verification opinions of the sponsor and the issuer’s lawyer sixty-six
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. listing announcement
hot tip
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. (hereinafter referred to as “Xinte electric”, “the company” or “the issuer”, “the company”) will be listed on the growth enterprise market of Shenzhen Stock Exchange on April 19, 2022. Investors should fully understand the investment risks of the gem and the risk factors disclosed by the company, and make investment decisions prudently.
The company reminds investors to fully understand the risks of the stock market and the risk factors disclosed by the company, avoid blindly following the trend of “speculation” in the initial stage of IPO, and make prudent decision and rational investment.
Unless otherwise specified, the abbreviation used in this listing announcement has the same meaning as that in the prospectus of New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. on initial public offering and listing on GEM (hereinafter referred to as the “prospectus”).
New Hua Du Supercenter Co.Ltd(002264) special Electric Co., Ltd. listing announcement
Section I important statements and tips
1、 Important statement
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 legal liabilities according to law.
The opinions of Shenzhen Stock Exchange and relevant government authorities on the listing of the company’s shares and related matters do not indicate any guarantee to the company.
The company reminds investors to carefully read the information published on cninfo (www.cn. Info. Com. CN.) The contents of the “risk factors” chapter of the company’s prospectus should pay attention to risks, make prudent decisions and make rational investment. The company reminds the majority of investors to pay attention to the relevant contents not involved in this listing announcement. Please refer to the full text of the company’s prospectus.
2、 Special tips on investment risk at the initial stage of gem IPO
There is a risk in this issuance that the net asset scale will increase significantly due to the acquisition of the raised funds, resulting in the decline of the return on net assets, and 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.
The company reminds investors to pay attention to the investment risks in the initial stage of IPO (hereinafter referred to as “new shares”), and investors should fully understand the risks and rationally participate in the trading of new shares.
Specifically, the risks associated with investing in the company’s shares include but are not limited to the following:
(I) relaxation of price limit
The competitive trading of GEM stocks is subject to a wide range of price limits. For stocks that are initially issued and listed on the gem, there are no price limits in the first five trading days after listing, and the proportion of price limits thereafter is 20%. On the first day of the listing of new shares on the main board of Shenzhen Stock Exchange, the proportion of increase limit was 44%, the proportion of decrease limit was 36%, and the proportion of increase and decrease limit from the next trading day was 10%. The gem further relaxed the restrictions on the rise and fall in the initial stage of stock listing
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. listing announcement
The decline limit increases the transaction risk.
(II) less circulating shares
After this issuance, the total share capital of the company is 247627370 shares, including the number of tradable shares with unlimited sales conditions
52478791 shares, accounting for 21.19% of the total share capital after issuance. Number of circulating shares at the initial stage of listing
Less, there is a risk of insufficient liquidity.
(III) the P / E ratio is different from the average level of the same industry
According to the guidelines for Industry Classification of listed companies (2012) issued by China Securities Regulatory Commission
Revised), the industry of Xinte Electric is “C38 electrical machinery and instrument manufacturing industry”. As of March 2022
On June 30 (T-4), the “C38 electrical machinery and instrument manufacturing industry” issued by China Securities Index Co., Ltd
The average static P / E ratio in the last 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:
In 2020, deduct the static market corresponding to the T-4 day shares in 2020. The securities in the static market corresponding to the T-4 day shares in 2020 are abbreviated as securities code. Non front EPS and non back EPS. Closing price earnings ratio – non front earnings ratio – 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
New Hua Du Supercenter Co.Ltd(002264) Special Electric Co., Ltd. listing announcement
The average static P / E ratio of “C38 electrical machinery and device manufacturing industry” released by China Securities Index Co., Ltd. on March 30, 2022 (T-4) has the risk of loss to investors due to the decline of the issuer’s share price in the future.
(IV) there may be a risk of falling below the issue price after listing
Investors should pay full attention to the risk factors contained in the pricing marketization, know that the stock may fall below the issue price after listing, effectively improve the risk awareness, strengthen the value investment concept, and avoid blind speculation. Regulators, issuers and recommendation institutions (lead underwriters) can not guarantee that the stock will not fall below the issue price after listing.
(V) the shares can be used as the subject matter of margin trading on the first day of listing
GEM stocks can be used as the subject of margin trading on the first day of listing, which may produce certain price fluctuation risk, market risk, margin call risk and liquidity risk. Price fluctuation risk refers to that margin trading will aggravate the price fluctuation of the underlying stock; Market risk refers to that when investors use stocks as collateral for financing, they need to bear not only the risks caused by the change of the original stock price, but also the risks caused by the change of the stock price of new investment, and pay the corresponding interest; Margin call risk means that investors need to monitor the level of guarantee ratio in the whole process of trading to ensure that it is not lower than the maintenance margin ratio required by margin trading; Liquidity risk refers to that when the price of the underlying stock fluctuates violently, the financed purchase of securities or the repayment of the sale of securities, the sale of financed securities or the repayment of the purchase of securities may be blocked, resulting in greater liquidity risk.
3、 Special risk tips
The company specially reminds investors to carefully read the prospectus of the company before making investment decisions
