Available today: Joy Wise Walk

Source: China Economic Network

China Economic Network Beijing, December 2, 2019 Today, Joy Zhixing (301198) new shares listed.

Joy Zhixing is a professional service provider that provides customized recyclable plastic packaging overall solutions. The company's main products include different series of recyclable plastic packaging products such as combined complete sets of packaging products, thick-walled blister packaging units, thin-walled blister packaging units, turnover box packaging units, etc.; the company's main services are leasing and operation services.

As of the date of signing of the prospectus, Tiance Holdings held 28.8 million shares of the company, accounting for 38.40% of the total share capital of the company before the issuance, and the other shareholders of the company held relatively scattered shares, and Tiance Holdings was the controlling shareholder of the company.

The actual controllers of the company are Luo Zhiqiang and Luo Yinhao, who are father and son. As of the date of signing of the prospectus, Luo Zhiqiang and Luo Yinhao directly held 5.304 million shares of the company, accounting for a total of 14.14% of the total share capital of the company, 38.40% of the voting rights of the company through Tiance Holdings (a company in which Luo Zhiqiang and Luo Yinhao each held 50%), and 1.78% of the voting rights of the company through Junke Investment (the enterprise in which Luo Yinhao served as the general partner and executive partner), and the total voting rights of the company controlled by the two were 54.32%.

The sponsor of the listing of Joy Zhixing is Huaan Securities Co., Ltd. The company raised 544 million yuan, which will be used for the annual output of 2.3 million sets (Zhang) green circular packaging construction project, green recyclable packaging leasing and intelligent warehousing and logistics construction project, R & D center construction project.