ipo weekly report | two new stocks were subscribed this week, and the lowest-priced new stocks this year are here
2024-09-18
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after the mid-autumn festival holiday, two new stocks were introduced this week.
the paper, based on wind and public information, found that two new stocks were scheduled for online subscription this week (september 18-20), but no new stocks were listed. the new stocks were tongling nonferrous metals group tongguan mine construction co., ltd. ("tongguan mine construction", 920019.bj) and dongguan changlian new materials technology co., ltd. ("changlian technology", 301618.sz).
among them, the core controller of tongguan mining and construction is the anhui state-owned assets supervision and administration commission, and the issue price is 4.33 yuan per share, which is the lowest issue price of new a-shares this year.
1. new stock subscription this week
this week, investors will have two new shares available for subscription. among them, tongguan mining construction will open for subscription on wednesday, and changlian technology will open for subscription on thursday.
according to a research report by kaiyuan securities, tongguan mining construction is a national high-tech enterprise that focuses on providing integrated development services such as engineering construction, operation management, optimization design, and technology research and development and related value-added services to non-coal mines around the world, and is committed to becoming a global leading smart mining system solution provider. the company's core controller is the anhui state-owned assets supervision and administration commission, and its major shareholder tongling nonferrous metals is a major domestic cathode copper producer and copper foil producer.
kaiyuan securities said that tongguan mine construction is a "specialized, refined, special and innovative" small and medium-sized enterprise in anhui province. as of september 13, 2024, the company has won two provincial and ministerial science and technology progress awards, 109 authorized patents (20 invention patents), developed 165 enterprise-level construction methods, obtained 76 provincial and ministerial-level construction methods, and is the main (participating) editor of 10 national standards. it is one of the few non-coal mine integrated development service providers in the industry that can simultaneously build more than 10 kilometer-level ultra-deep vertical shafts, and its comprehensive strength ranks among the top in the industry. the "double super" mine development service leads the domestic industry + cooperates with customers to actively expand overseas markets, and is expected to fully benefit from the growth of downstream industry demand. it is recommended to pay attention.
according to the prospectus, changlian technology specializes in the research and development, production and sales of printing materials. its main products include water-based printing paste, water-based resin, silk-screen silicone, etc. it is also engaged in the research and development, design and sales of printing equipment. it is a provider of overall solutions for textile and garment printing that provides diversified products to textile and garment companies. its products are mainly used in the field of textile and garment printing.
from 2020 to 2022, changlian technology's operating income was rmb 485 million, rmb 581 million and rmb 538 million respectively, and its net profit was rmb 74.4349 million, rmb 60.1937 million and rmb 79.4635 million respectively.
second, new stocks will be listed this week
last week, a total of two new stocks were listed, namely anhui zhongcao flavors co., ltd. (referred to as "zhongcao flavors", 920016.bj) and huihan microelectronics co., ltd. (referred to as "huihan shares", 301600.sz).
on september 13, china herbal flavors was listed on the beijing stock exchange with an issue price of 7.50 yuan per share. after the opening of the first day of listing, the share price of china herbal flavors rose all the way, triggering a second temporary suspension. the highest intraday price was 45 yuan per share, an increase of 500%; by the close of the day, it was 25.60 yuan, and the increase fell back to 241.33%. calculated at the closing price on the first day, investors who won one contract of china herbal flavors only made a floating profit of 1,810 yuan.
according to a research report by zheshang securities, zhongcao fragrance is a flavor and fragrance supplier with cooling agents as its core. the company has high-quality and stable customer resources and has entered the list of leading flavor and fragrance suppliers in the world. relying on its advantages in technology research and development, manufacturing process, product quality and quality management, the company's customer base remains stable, and the sales amount of existing customers accounted for more than 70% in 2021-2023. at the same time, the company has been able to enter the supplier system of well-known customers such as symrise and givaudan, and continue to maintain cooperation.
on september 11, huihan shares were listed on the growth enterprise market with an issue price of 39.84 yuan per share. on the first day of listing, it closed up 53.69% at 61.23 yuan per share. based on the closing price on the first day, investors who won one contract would have made a floating profit of 10,695 yuan.
according to huajin securities research report, chen guoying, the founder of huihan co., ltd., once worked in the domestic postal and telecommunications research system and silicon valley in the united states, and promoted the company to compete with international manufacturers in vehicle-mounted short-distance communication modules and self-developed vehicle-mounted 4glte cellular modules to break the foreign monopoly; at the same time, since its establishment in 2008, the company's product downstream applications have focused on the vehicle field, and it is one of the earliest companies in china to launch vehicle networking solutions. relying on good technical strength and first-mover advantage, the company has become a major supplier of domestic tbox, ecall and other products, and the company's products have entered many mainstream vehicle manufacturers. among them, the company and saic group have started cooperation since 2012, and saic group has been the company's largest customer during the reporting period; at the same time, saic group has also reached an equity cooperation with the company, and its subsidiary saic venture capital holds 2.85% of the company's equity. in addition, the company has become a major domestic ecall supplier, and its products cover export models of independent brands such as saic group, chery, geely, great wall, and byd.
3. last week’s a-share ipo meeting
in terms of the review by the issuance and listing committee, no new stocks were reviewed last week.
on september 13, the beijing stock exchange issued an announcement that it will hold the 16th review meeting of 2024 on september 23. the ipo issuer to be reviewed is shaanxi cologne new materials technology co., ltd.
last week, a total of three companies terminated their ipos, namely guangdong tute precision hardware technology co., ltd., hangzhou jingjie biotechnology co., ltd., and ophis group co., ltd.
4. latest developments of hong kong stocks
on september 17, the largest ipo of the year in hong kong stocks, midea group (00300.hk), was listed.
according to the announcement, midea group's global offering of approximately 566 million h shares, of which the hong kong public offering accounted for approximately 5.0% and the international offering accounted for approximately 95.0%. the final offering price was hk$54.8 per share, and the global offering netted hk$30.668 billion.
according to the prospectus, midea group is a global leading, technology-driven provider of smart home and commercial and industrial solutions. through its smart home business, it provides consumers with a variety of home appliances; through commercial and industrial solutions, it provides corporate customers with a variety of solutions, such as home appliance compressors and motors, commercial air conditioners, industrial robots and supply chain services.
in terms of sales volume and revenue in 2023, midea group is the world's largest home appliance company, with a market share of 7.9% in terms of sales volume. in 2023, midea group ranked among the top three in the world in terms of sales volume in the fields of household air conditioners, washing machines, refrigerators, and kitchen appliances and other home appliances, with market shares of 23.7%, 14.2%, 10.5% and 6.0%, respectively. in the same period, in terms of retail sales, midea group also ranked among the top three in the world in these four fields, with market shares of 21.1%, 12.5%, 7.7% and 4.6%, respectively. among them, midea group ranked first in the fields of household air conditioners and kitchen appliances and other home appliances.
data from the prospectus shows that in the four months ending april 30, 2021, 2022, 2023 and 2024, midea group's revenue was approximately rmb 343.361 billion, rmb 345.709 billion, rmb 373.710 billion and rmb 145.780 billion, respectively, and the annual/period profits in the same period were approximately rmb 29.031 billion, rmb 29.812 billion, rmb 33.747 billion and rmb 13.646 billion, respectively.
last week, three companies in the hong kong stock market updated their prospectuses, namely, ivy iv hospital management group co., ltd., health road co., ltd., and shenzhen xunce technology co., ltd. one company passed the hearing, namely, carrot (commercial) co., ltd.
5. major investment and financing events
1. on september 14, medtech technology announced the completion of a nearly rmb 200 million series b financing. this round of financing was jointly participated by heda zhejiang province "4+1" biomedicine and high-end equipment fund, shanlan capital and old shareholder decheng capital, and huaxing capital served as the exclusive financial advisor.
2. on september 13, ai protein design platform company molecular heart announced the completion of its series a financing. this round of financing amounted to hundreds of millions of rmb, led by xienuo investment and shenzhen capital group, followed by sensetime guoxiang capital and jiuyi investment. this round of financing will further accelerate the construction of ai biological infrastructure.
3. on september 12, shenzhen matrix multi-technology co., ltd. completed its b2 round of financing of 100 million yuan, jointly invested by crrc capital, smart internet industry fund, qianhai seed fund and yida capital. the funds raised will mainly be used for the research and development of a new generation of advanced packaging pvd mass production equipment, capacity expansion and replenishment of working capital.
4. on september 10, junhemeng biopharmaceuticals (hangzhou) co., ltd. completed a b+ round of financing of over 200 million yuan. the b+ round of financing was led by sdic capital, followed by hongsheng capital, oriza holdings, and soyoung group. kaicheng capital served as the exclusive financial advisor for several consecutive rounds.
5. on september 9, zhihe computing technology (shenzhen) co., ltd. completed a round of a1 financing of several hundred million yuan. this round of financing was led by source code capital, followed by investors such as linghang new territory, yunjiu capital, lepu investment, houxue capital, and lingang new area science and technology innovation fund (managed by lingang science and technology innovation investment).
6. on september 9, the coffee chain brand nowwa completed a b++ round of financing worth hundreds of millions of yuan. the investors include yongshan tianji, shengjing jiacheng mother fund, and yuanxing capital.
the paper reporter qi yeyun
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