This week (January 17, 2022 ~ January 21, 2022), a total of 1 new acceptance enterprise was added on the science and innovation board and the gem, 6 enterprises passed the meeting, 7 enterprises took effect, and 2 enterprises terminated the audit.
overall audit of science and innovation board and gem:
As of January 21, 2022, the Shanghai Stock Exchange has received a total of 713 application enterprises from science and technology innovation board, of which 16 are in the accepted state, 77 are in the inquiry stage, 7 are in the review stage of Shanghai municipal Party committee, 43 are in the submission registration stage, 418 have obtained the registration results, 5 have suspended and updated the financial report, and 147 have terminated the audit.
Shenzhen Stock Exchange has accepted a total of 834 gem application enterprises, of which 41 are in the accepted state, 255 are in the inquiry stage, 22 are in the deliberation stage of the municipal Party committee, 60 are in the submission stage of registration, 303 have obtained the registration results, 12 have suspended and updated the financial report, and 141 have terminated the examination.
new changes this week:
In the week from January 17, 2022 to January 21, 2022, the Shanghai stock exchange accepted 0 NEW IPO applications of science and innovation boards; Nine companies entered the inquiry stage this week, and another nine companies updated their information; During the deliberation stage of the listing committee, two companies passed the meeting and one company updated the information; In the process of submitting registration, 4 companies submitted registration this week; In terms of registration results, the registration of two companies took effect this week and one company terminated its registration; 0 companies suspended audit due to financial report update; 0 companies terminated the audit.
Shenzhen stock exchange accepted an IPO application for gem; 36 companies entered the inquiry stage this week, and another 5 companies updated their information; During the deliberation stage of the listing committee, 4 companies passed the meeting; In the process of submitting registration, 8 companies submitted registration this week; In terms of registration results, five companies registered and took effect this week, and three companies suspended the audit because of the update of financial statements; Two companies terminated the audit.
newly accepted IPO companies:
This week, there was no new IPO application accepted by Kechuang board.
The gem only accepts the IPO application of one new enterprise, Hunan Hengchang Pharmaceutical Group Co., Ltd. (hereinafter referred to as “Hengchang pharmaceutical”), the number of shares in this public offering is not less than 40.01 million, the estimated financing amount is 77086 million yuan, and the sponsor is Haitong Securities Company Limited(600837) . This is a pharmaceutical circulation enterprise focusing on serving small and medium-sized chain pharmacies, monomer pharmacies and grass-roots medical and health institutions.
During the reporting period (the first three quarters of 2018, 2019, 2020 and 2021), the attributable net profits of Hengchang pharmaceutical were 33.5821 million yuan, 55.1002 million yuan, 113 million yuan and 124 million yuan respectively.
In addition, Hengchang pharmaceutical pointed out in its prospectus the risks of the stability of business varieties, the risks brought about by the change of management policies in the pharmaceutical industry, the risk of customer loss caused by the intensification of retail terminal competition, the risk of uncertainty in the upstream business development of the industrial chain, trademark infringement and outsourcing design risk, information system operation risk, inventory management risk and drug quality risk.
after the meeting:
There were two IPO companies on the Kechuang board who had a meeting that week, namely Sinosteel luonai Technology Co., Ltd. (hereinafter referred to as “Sinosteel luonai”) and Yifang Biotechnology (Shanghai) Co., Ltd. (hereinafter referred to as “Yifang biotechnology”).
The two companies have one thing in common, that is, the review was suspended at the meeting in December 2021, and then re entered the inquiry link until it passed the review again at the meeting in January 2022.
In terms of Sinosteel luonai, the Listing Committee of the science and innovation board mainly asked two questions: first, the implementation and reasons of relevant opinions after the suspension of deliberation at the previous municipal Party committee meeting; Second, compared with the previous meeting, the revision of the prospectus of this meeting.
In terms of Yifang biology, the Listing Committee of the science and Innovation Board inquired about the latest progress of the matters suspended from consideration at the previous municipal Party committee meeting, asked the sponsor representative to express clear opinions, and explained whether there were other major matters affecting the issuance conditions, listing conditions and information disclosure at the previous meeting.
At the same time, the Listing Committee of the science and innovation board requires Yifang biology to further fully disclose the potential risks to the company’s operation caused by relevant patent and trade secret disputes.
During the registration submission process, four companies applied for IPO registration this week, namely Shenzhen Zhongke Lanxun Technology Co., Ltd., Shanghai xuantai Pharmaceutical Technology Co., Ltd., Zhongwei semiconductor (Shenzhen) Co., Ltd. and Chengdu sikeri Microelectronics Co., Ltd.
In terms of registration results, this week, two IPO companies registered on the science and Innovation Board took effect, namely Ningbo Junpu Intelligent Manufacturing Co., Ltd. and Guangzhou silinjie Technology Co., Ltd.
Changwei Information Technology Development Co., Ltd. terminated its registration on January 18. According to the notice of the CSRC, the company’s recommendation institution withdrew the company’s recommendation application for initial issuance and listing on the science and innovation board. Therefore, the CSRC terminated the issuance and registration procedures of the company.
Shenzhen stock exchange held two review meetings of the municipal Party Committee on the gem this week, and four IPO companies attended the meeting, namely Chengdu Shengbang seal Co., Ltd. (hereinafter referred to as “Shengbang”), Hubei Dongtian Micro Technology Co., Ltd. (hereinafter referred to as “Dongtian micro”), Guangdong Boying special Welding Technology Co., Ltd. (hereinafter referred to as “Boying special welding”) Shanghai Meinong Biotechnology Co., Ltd. (hereinafter referred to as “Meinong biotechnology”).
Among them, the estimated financing amount of Shengbang shares is 18678 million yuan, and the sponsor is Sinolink Securities Co.Ltd(600109) . It was accepted on December 8, 2020 and inquired on January 6, 2021.
Dongtian micro is expected to raise 520 million yuan. The sponsor is Orient Securities Company Limited(600958) underwriting sponsor, which was accepted on March 11, 2021 and inquired on April 23; The estimated financing amount of Boying TEW is 850 million yuan, and the sponsor is China Securities Co.Ltd(601066) . It was accepted on March 30, 2021 and inquired on April 26.
The above three companies have experienced three rounds of inquiries.
At the last municipal Party committee meeting, two questions were raised to Dongtian micro, including the decline of performance and the specific contents and methods of customers’ verification of the issuer’s purchase orders for core raw materials; Put forward the equity transfer of founding shareholders and other relevant situations for Boying TEW; Put forward the reasons for the slow growth of automobile product revenue for Shengbang.
In addition, the estimated financing amount of Meinong bio is RMB 36329 million, and the sponsor is Zhongtai Securities Co.Ltd(600918) . It was accepted on May 10, 2021 and inquired on June 4. At the municipal Party committee meeting, Meinong biology raised two questions, including the third-party payment collection in the sales payment collection and environmental protection measures.
During the registration submission process, eight companies on the gem submitted for registration this week, namely Weihai Honglin Power Technology Co., Ltd., Shanghai Guanlong valve energy saving equipment Co., Ltd., Nanjing tengya Seiko technology Co., Ltd., Hangzhou Heshun Technology Co., Ltd., Suzhou ousheng Electric Co., Ltd., Huaxin Lvyuan environmental protection Co., Ltd Guoneng Rixin Technology Co., Ltd. and Qingyan Environmental Technology Co., Ltd.
In terms of registration results, five IPO companies registered on the gem came into effect this week, namely Jiangsu newtag Technology Co., Ltd., Harbin Welding Institute Huatong (Changzhou) welding industry Co., Ltd., Liaoning Heshi Eye Hospital Group Co., Ltd., Beijing Zhongke Jiangnan Information Technology Co., Ltd. and softcom power information technology (Group) Co., Ltd.