On October 26, Guangzhi International issued an announcement that with the approval of the National Small and Medium-sized Enterprise Share Transfer System Co., Ltd., the company's shares will be listed on the selected layer on October 28, and the trading method is continuous bidding. At that time, the number of listed companies in the selected layer will be expanded to 68. The institution expects that after the establishment of the Beijing Stock Exchange, the selected layer companies are steadily expanding and are expected to reach the scale of 100 within the year.
According to the announcement, the number of shares issued by Guangzhi International in this public offering was 5.652 million shares, and the number of shares after the full exercise of the over-allotment option was 6.4998 million shares, and the market value at the time of listing was about 1.059 billion yuan. The issue price is 14.00 yuan / share. According to public information, the main business of Guangzhi International includes engineering consulting services, engineering cost services, bidding agency services, etc. The net profit attributable to the shareholders of the parent company in FY2019 and FY2020 (before and after deducting non-recurring gains and losses) was RMB51.3672 million and RMB59.77 million, respectively.
At present, the listed companies in the select layer are steadily expanding. On the 25th, Jinhao Medical was successfully listed on the selected layer, becoming the first selected layer enterprise to be listed after the announcement of the establishment of the Beijing Stock Exchange. According to the website of the national stock transfer system, including Guangzhi International, there are currently more than 10 quasi-selected layer companies that have completed public offerings and are waiting in line for listing. Jingsai Technology and Keda Automation launched the subscription on October 26. Among them, Jingsai Technology intends to issue 11.8783 million shares at an issue price of 18.32 yuan per share, with a price-earnings ratio of 28.41 times. Keda Self-Control intends to issue 18 million shares at an issue price of 13 yuan per share, with a price-to-earnings ratio of 45.34 times. In addition, Yoshioka Precision's application for listing on the select tier was also approved by the CSRC on October 20.
Recently, the select layer companies have also entered a period of intensive disclosure of performance, and on the evening of October 25, five select layer companies such as Bertry disclosed the third quarterly report. Judging from the recent disclosures, many companies have performed well. For example, the operating income of Bertrui in the first three quarters was 6.851 billion yuan, an increase of 154.18% year-on-year; the net profit was 1.090 billion yuan, up 207.91% year-on-year. Earlier, zhu Laoliu disclosed the third quarterly report showing that the company achieved operating income of 200 million yuan in the first three quarters, an increase of 13.63% over the same period of the previous year; during the period, the company achieved net profit attributable to the shareholders of the listed company and net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses of 44.339 million yuan and 43.1163 million yuan, respectively, an increase of 23.05% and 20.25% over the same period of the previous year. In the first three quarters of this year, Jiaxian co., Ltd. achieved revenue of 331 million yuan, an increase of 237% year-on-year; net profit of 42.56 million yuan, an increase of 71.9% year-on-year; net profit after deduction of non-profit was 41.19 million yuan, an increase of 113.53% year-on-year.
Anxin Securities said that after the announcement of the establishment of the Beijing Stock Exchange, the enthusiasm for filing at the selected layer has increased, and the number of acceptances has increased significantly. From september 2021, the number of companies accepted by the selected layer reached 8, an increase of 167% month-on-month, and the amount of funds to be raised reached 2.05 billion yuan, an increase of 377% month-on-month; the number of filing and registration companies reached 11, an increase of 57% month-on-month. At the same time, the amount of funds raised by the private placement of selected layer companies is also expected to show an overall upward trend, and the expected scale of funds raised in September is 1.76 billion yuan, an increase of 339% year-on-year.
Statistics from the national share transfer system show that as of the close of trading on October 26, the total number of listed companies in the selected layer was 67, with a total share capital of 10.946 billion shares and a circulating share capital of 5.133 billion shares. Anxin Securities analysis predicts that the current review work of the Beijing Stock Exchange is advancing in an orderly manner, according to the current progress of the meeting, it is predicted that the number of selected layer companies will reach 90 to 100 by the end of the year, and it is expected to initially form an industrial cluster covering high-end equipment manufacturing, TMT new generation information technology, new chemical materials, modern service industries, medical and health and other industries.
Source: Economic Reference Newspaper