news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Source: Times Investment Research

Author | Lei Ying

Editor | Sun Yiming

The registration approval is valid for only one month, and the unlisted performance has changed drastically. Can Anhui Jialiqi Advanced Composite Materials Technology Co., Ltd. (hereinafter referred to as "Jialiqi") still successfully list on the ChiNext?

The latest announcement shows that Jialiqi will conduct new share subscription on August 19, with an issue price of 18.09 yuan per share and an issue price-earnings ratio of 19.15 times.

It is worth mentioning that after the meeting in December 2022, Jialiqi's performance has changed significantly. The prospectus shows that in the first half of 2023-2024, Jialiqi's operating income fell by 21.78% and 0.28% year-on-year, and its net profit attributable to shareholders after deducting non-recurring items fell by 44.25% and 26.15% year-on-year, respectively, changing the high growth trend of performance before the meeting.

In this IPO, Jialiqi's sponsor is CITIC Construction Investment (601066.SH). Last year, CITIC Construction Investment was involved in the first IPO fraud issuance case on the Science and Technology Innovation Board as the sponsor of the IPO project of Zijing Storage (688086.SH, delisted), and jointly invested with other intermediaries to compensate investors for their losses.

On August 14, Times Investment Research sent a letter to Jialiqi asking whether the sponsor had fulfilled its duties. The company replied that the relevant project team members of CITIC Construction Investment had fully fulfilled their duties in the Jialiqi IPO project.