news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

source: international investment bank research report

ningbo aola makes a comeback after terminating its ipo: wang chengdong challenges regulation with loss-making shuangcheng pharmaceutical! the inquiry of the science and technology innovation board shows that 72.05 million yuan was spent on precious collections!

capital is capital and is always omnipresent. capital loves the capital market, especially a-shares. ningbo ola, owned by capital expert wang chengdong, made a comeback less than half a year after terminating its ipo on the science and technology innovation board on may 27.

1. shuangcheng pharmaceuticals opened with a daily limit, because the company announced that it would acquire 100% of the shares of semiconductor company aola shares by issuing shares and paying cash. shuangcheng pharmaceuticals and aola shares, the target of this acquisition, are both companies controlled by wang chengdong and his son wang yingpu.

2. although the acquisition prospectus states that "policies encourage listed companies to become better and stronger through mergers and acquisitions", this is actually a substitution of concepts, and can even be said to be a challenge to supervision. whether it is additional issuance or acquisition, the regulatory authorities have always advocated vertical integration of the industrial chain rather than this kind of cross-border capital operation, which is actually a backdoor listing. if the regulators can also approve this, then the a-share market really does not need to be saved.

3. aola was originally going to raise 3 billion yuan on the science and technology innovation board. after failing, it tried to acquire it through shuangcheng pharmaceutical, which it controlled. the science and technology innovation board ipo prospectus showed that aola had 5 private equity funds and had previously had a gambling agreement. this time, it was trying to help these private equity funds and itself get out of the trap through the supporting refinancing of a shares. the science and technology innovation board inquiry showed that wang chengdong's family liked all kinds of artworks and spent more than 70 million to buy various valuable collections.