With the appearance of Hujiang materials on the market, the Beijing stock exchange “added” again. Yesterday, Nanjing Hujiang composite materials Co., Ltd. (hereinafter referred to as “Hujiang materials”) officially landed on the Beijing stock exchange. As of yesterday, the number of listed companies on the Beijing stock exchange has expanded to 84, with a total market value of 260.067 billion yuan.
The opening price of Hujiang materials on the first day was 29.81 yuan, and the highest price was 38.80 yuan. The highest price increased by 107.71% compared with the issue price, triggering a temporary suspension. Hujiang materials closed at 30.59 yuan per share, up 63.76% from the issue price of 18.68 yuan, and investors made about 1191 yuan in the first signing (100 shares).
“The active trading shows that investors have a high enthusiasm to participate in the market investment of the Beijing stock exchange.” Sun Jinju, assistant president of Kaiyuan securities and director of the Research Institute, said that after the establishment of the Beijing stock exchange, the enthusiasm of market investors to participate in the “innovation” of stocks continued to rise.
Hujiang materials is mainly engaged in the R & D, production and sales of high barrier industrial flexible packaging. It is a professional provider of overall solutions for high barrier industrial flexible packaging. The company’s products are mainly used in special packaging of chemical, electrical (lithium battery), food, medicine and other products. Financial data show that in the first three quarters of 2021, the company’s operating revenue was 251 million yuan, a year-on-year increase of 56.77%, and its net profit was 35.9395 million yuan, a year-on-year increase of 42.68%.
On December 23, 2016, the shares of Hujiang materials were listed on the new third board and publicly transferred. During the listing of the new third board, in December 2018, the company’s first directional issuance of shares, with a total number of 1365700 shares and an issue price of 13.18 yuan per share, raised a total of 17.9999 million yuan, all of which were used to supplement working capital. On May 28, 2021, Hujiang materials was transferred from the foundation layer to the innovation layer.
This time, Hujiang materials was listed on the Beijing stock exchange. The number of shares initially issued was 8.2343 million (without considering the over allotment option), and the expected fund-raising amount was 153.8167 million yuan. It is worth mentioning that, as the second listed new share under the registration system of the Beijing stock exchange, Hujiang material is sought after by institutional and individual investors. In the strategic placement, Hujiang materials attracted 9 war investors, including huitianfu fund, Nanfang fund and Huaxia Fund, Jiaxing jinchangchuan No. 2 equity investment partnership (limited partnership), Wentai ordinary heart No. 2 private securities investment fund, yidingxin Jingxuan No. 1 private securities investment fund Dan Guishun’s practical and realistic No. 5 private securities investment fund, four private funds, as well as Soochow Securities Co.Ltd(601555) and open source securities. New links were played online, 47800 investors were allocated shares, and the winning rate was 0.11%.
In the prospectus, Hujiang materials said that 106.312 million yuan of funds to be raised in this offering will be used for the expansion project of plastic packaging, aluminum-plastic packaging materials and product production line of Nanjing Huhui Packaging Technology Co., Ltd., a wholly-owned subsidiary of the company.
Since the beginning of this year, the Beijing stock exchange has ushered in two new shares. In addition to Hujiang materials, Weibo hydraulic had landed on the Beijing stock exchange on January 6. (reporter Sun Jie)
