Up to now, in 2020, the IEC has reviewed 114 IPO enterprises, 107 of which have been approved, 2 have been rejected, 2 have been suspended from voting and 3 have been cancelled, with a passing rate of 93.85%. In 2020, the municipal Party committee originally planned to review 94 IPO enterprises on the science and technology innovation board, of which 92 were approved and 2 were cancelled, with a pass rate of 97.87%.
With revenue over 100 billion, the giant plans to raise 13.8 billion
The work of registration system on GEM is advancing rapidly.
This week, the CSRC also approved the initial public offering registration of six enterprises, including Zhejiang Heidemann Intelligent Equipment Co., Ltd. and Jiangsu goodway Power Supply Technology Co., Ltd., as well as the initial public offering registration of six enterprises, including Jiangsu Haichen Logistics Co., Ltd. and Tianjin Jieqiang Power Equipment Co., Ltd.
It is worth mentioning that on the evening of August 6, Yihai Jiali Jinlong fish grain and oil Food Co., Ltd. held the first meeting. YIHAI KERRY is the largest enterprise to raise funds among the enterprises declared on GEM, with a planned financing of 13.87 billion yuan.
Yihaijiali as a leading grain and oil non-staple food is worthy of its name. In 2019, it will achieve a revenue of 170.743 billion yuan and a net profit of 5.408 billion yuan.
Yihai Jiali is one of the largest agricultural products and food processing enterprises in China. Its main business is the research and development, production and sales of kitchen food, feed raw materials and oil technology products.
Although the golden dragon fish brand has a strong Chinese style, it is a genuine foreign-funded enterprise. The founder is Guo Helian, the richest man in Malaysia for many years. He is now 96 years old. He is a famous Asian sugar king. There are many Shangri La hotels in China, Kerry Center, which is mainly for office rental, and has a total area of 1.1 million square meters.
In recent years, YIHAI KERRY has made great achievements. From 2017 to 2019, its operating revenue was 150.766 billion yuan, 167.074 billion yuan and 170.743 billion yuan respectively; the net profit attributable to the parent company was 5.001 billion yuan, 5.128 billion yuan and 5.408 billion yuan respectively.
From this point of view, YIHAI KERRYs revenue in 2019 can rank first on the gem, and this number exceeds more than 3500 A-share listed companies.
In terms of net profit attributable to the parent company, the top three net profits of gem in 2019 are Wenshi shares of RMB 13.957 billion, Mindray Medical Co., Ltd. of RMB 4.681 billion, and Ningde times of RMB 4.560 billion. This means that if YIHAI KERRY is successfully listed, it will surpass Mindray medical and Ningde era and become the second largest net profit of gem.
IPO broke out in July: initial fund raised exceeded 100 billion yuan
The IPO raised more than 100 billion yuan, with a 3-fold increase on a month on month basis, and a 2-fold increase in investment banking revenue. The IPO underwriting scale in July is a wonderful footnote for the year of IPO in 2020.
According to the data, the investment banking business performance of securities companies improved in July, the scale of equity financing increased significantly month on month, and the scale of bond underwriting rebounded. Among them, the IPO underwriting scale in July was 100.4 billion, with a month on month increase of 285%; the underwriting scale of refinancing (additional issuance + allotment of shares + preferred shares + convertible bonds) was 102.5 billion yuan, with a month on month increase of 26%; the bond underwriting scale was 688.1 billion yuan, with a month on month increase of 29%.
The underwriting and recommendation income of 29 securities companies in July totaled 4.182 billion yuan, with a year-on-year increase of 60% and a month on month increase of 207%. From January to July of 2020, the accumulated underwriting and recommendation income was 11.049 billion yuan, with a year-on-year increase of 96%, which was close to the total IPO underwriting and recommendation income of 2019 of 11.167 billion yuan.
Wind data shows that in July, the top ten main Underwriters were still head brokers, among which CSCI, Guotai Junan and Huatai United ranked the top three with revenues of 671 million yuan, 537 million yuan and 478 million yuan respectively.
From the perspective of initial underwriting and recommendation income, there was little change. Among them, CSCI and CITIC Securities contracted more than 20% of the market share.
Xiaopeng automobile submitted IPO application in the United States: loss nearly 6 billion in three years
New forces of Chinas car making are going public this year. After Weilai and ideal listed in the United States successively, Xiaopeng automobile may become the third Chinese new car manufacturing enterprise listed in the United States.
On August 8, Xiaopeng automobile submitted its IPO documents to the US Securities and Exchange Commission (SEC) to list on the New York Stock Exchange under the code xpev. The Underwriters include bank of America Securities, Credit Suisse, JPMorgan Chase, etc. According to the prospectus, the application scale of Xiaopeng auto is 100 million US dollars.
Photo source: Official Website of Xiaopeng automobile
Founded in 2015, its core management team includes he Xiaopeng, co-founder of UC Youshi and former president of Alibaba mobile business group, Xia Heng and He Tao, who graduated from the Department of automotive engineering of Tsinghua University, and Gu Hongdi, former chairman of JPMorgan Asia Pacific Investment Bank.
Before IPO, the management of Xiaopeng automobile held 40.9% shares, of which he Xiaopeng, the largest shareholder, held 31.6%; behind it, there were also star shareholders. Alibaba group holds 14.4% of the shares, which is the largest external shareholder; other shareholders are mainly Xiaomi, GGV Jiyuan capital, Chenxing capital, hilling, Sequoia, etc.
It is worth mentioning that the stock prices of Weilai automobile and ideal automobile have risen sharply recently. As of August 7, Weilai closed at $13.42, up 215% from June 1, with a market value of $15.9 billion.
Can Shangtang technology be listed again to support the valuation of 10 billion US dollars?
2020 is undoubtedly the best year for unicorns to go on the market. Since the beginning of this year, Jingdong and NetEase have returned to Hong Kong, SMIC international and Cambrian Huia, ah shares of ant group have been listed, and Jingdong Shuke, lujinsuo, didi and bytetiao have launched IPOs, setting off a round of myth of wealth creation.
Recently, Shangtang technology, one of the most valued AI Unicorn enterprises in the world, was also reported to plan to land on the science and technology innovation board.
According to media sources, Shangtang technology, which is known as the Ai four little dragons together with Kuangshi technology, Yitu technology and Yuncong technology, plans to list on the science and technology innovation board after a new round of financing, and has been negotiating with Chinas securities regulatory authorities in recent weeks.
According to the news, the company is currently carrying out a new round of financing from US $1 billion to US $1.5 billion, which will be completed in 2020. After financing, the companys valuation will reach US $10 billion, and then it plans to list on the science and technology innovation board.
In response to this news, although Shangtang technology said in response to the media that no comment, but the relevant concept stocks have been ready to move. After the news came out, the mid water trading limit, Suning e-buy also rose more than 7%.
Founded in 2014, Shangtang technology is an artificial intelligence platform company. Its business covers smart phones, internet entertainment, automobile, smart city, education, medical, retail, advertising, finance, real estate and other industries.
Since its birth, Shangtang technology seems to be a gold absorbing constitution. Since its establishment in 2014, Shangtang technology has obtained 10 rounds of financing, with an accumulated financing amount of more than 3 billion US dollars. As a Chinese AI enterprise favored by investors, Shangtang technology was once jokingly called financing machine.
In terms of performance, Shangtang technology said in 2017 that the company has achieved full profit and business revenue has maintained 400% year-on-year growth for three consecutive years. It is reported that in 2019, the revenue of Shangtang technology will exceed 5 billion yuan, an increase of 100% compared with that in 2018, and the target of 2020 may double.