The Shanghai Stock Exchange worked overtime to make a full-fledged sprint, and the science and technology board once again came to the big news.
The Shanghai Stock Exchange's stock issue audit and listing system has recently shown that Yantai Ruichuang Micro Technology Co., Ltd., Wuhan Keqian Biotech Co., Ltd. and Jiangsu Tiannai Technology Co., Ltd. have taken the lead in entering the inquiry section. All three companies were accepted on March 22 for the first batch. The sponsors of the three companies are CITIC Securities, Minsheng Securities and China Merchants Securities.
It is understood that from the time point of view, within 20 working days from the date of acceptance of the application for listing, the SSE auditing agency will submit a first round of audit inquiries to the sponsor through the system. The three companies are separated by only one week. On the one hand, they are related to the first batch. On the other hand, they can also see the speed of the science and technology board. New problems will continue to be asked, and the second round of inquiries will be shortened to 10 working days. The most important feature of the inquiry is the inquiry-based review, which focuses on information disclosure. The exchange asks questions, and the issuer and sponsor reply. After two rounds of inquiries, it will enter the review stage of the listing committee.
According to the information on the Shanghai Stock Exchange, Wuhan Keqian Bio is sponsored by China Merchants Securities. The proposed financing amount is 1.747 billion yuan. The prospectus shows that the company is a biomedicine specializing in veterinary biological products research and development, production, sales and animal epidemic prevention technical services. Enterprises, the main products are pig vaccines and poultry vaccines, of which pig vaccines are the main source of income for the company's main business. According to the company, the performance of the pig vaccine industry is affected by many factors in the downstream pig breeding industry. The cyclical fluctuations in the price of live pigs and the occurrence of occasional epidemics in pigs may cause fluctuations in the company's performance. The company's operating income reached 735.3 million yuan last year, and net profit reached 388.9 million yuan, a steady increase year-on-year.
Yantai Ruichuang Weiner was sponsored by CITIC Securities, and it plans to raise 450 million yuan. According to the data, Yantai Ruichuang Weiner is mainly engaged in the research and development, production and sales of optoelectronic products such as optical communication components, uncooled infrared imaging components, infrared thermal imaging cameras and optical fiber sensing modules. The main application areas include fiber optic communication, wireless communication, intelligent building, power detection, industrial temperature measurement, fire protection, home monitoring, medical, car night vision navigation and many other civilian fields. In 2018, the company's operating income and net profit both increased significantly.
Tiannai Technology is sponsored by Minsheng Securities. The proposed fundraising is 870 million yuan. The prospectus shows that Tiannai Technology is mainly engaged in the research and development, production and sales of nano-scale carbon materials and related products. It is a high-tech with independent research and development and innovation capabilities. Technology companies, the company's products include carbon nanotube powder, carbon nanotube conductive paste, graphene conductive composite slurry, carbon nanotube conductive masterbatch and so on. It is the largest carbon nanotube producer in China. In 2018, the company's operating income was 327 million yuan, net profit was 67.45 million yuan, and a loss of 14.8 million yuan in 2017.
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