Beyond expectations, the first stock of the Science and Technology Innovation Board was born!
According to the official website of the Shanghai Stock Exchange on the 18th, the registration of Yantai Ruichuang Micro Nano Technology Co., Ltd. and Suzhou Huaxing Yuanchuang Technology Co., Ltd. on the Science and Technology Innovation Board has taken effect.
According to the announcement, Suzhou Huaxing Yuanchuang Technology Co., Ltd., abbreviated as "Huaxing Yuanchuang", with stock code "688001" and online subscription code 787001, will become the first stock on the Science and Technology Innovation Board.
According to the issuance schedule, the issuer will conduct a management offline on-site roadshow promotion from June 19-21, 2019 (T-6 to T-4); The preliminary inquiry period is from 9:30 to 3:00 on June 21st to June 24th (T-4th to T-3rd); Determine the issuance price on June 25th (T-2nd); Online roadshow on June 26th (T-1st); June 27th (T day) is the issuance and subscription date, determining whether to initiate a callback mechanism and the final number of online and offline issuances, as well as online subscription allocation numbers; On July 3rd (T+4th), the "Announcement of Issuance Results" and "Prospectus" were published.
Huaxing Yuanchuang was accepted by the Shanghai Stock Exchange on March 27th. Previously, Anji Microelectronics, Tianzhun Technology, and Microchip Biotechnology were the first to pass the first review meeting of the Municipal Party Committee on the Science and Technology Innovation Board in 2019. The three companies applied for registration with the China Securities Regulatory Commission on June 11, but have yet to be approved. However, after applying for registration with the China Securities Regulatory Commission on June 13th, both Huaxing Yuanchuang and Ruichuang Microelectronics were approved on June 14th.
That is to say, Huaxing Yuanchuang only has 8 days between passing the review of the Shanghai Municipal Committee and the official IPO. Compared to the enterprises that passed the first round of review by the Shanghai Municipal Party Committee, Huaxing Yuanchuang has achieved a last come, first served approach.
Financial status of the company
Testing equipment and testing fixtures are the main sources of revenue for the company. From 2016 to 2018, the main business revenue was RMB 516 million, 13.70 million (+165.50%), and 1.005 billion (-26.63%), respectively. The net profit attributable to the parent company was RMB 180 million, 2.10 million (+16.29%), and 243 million (+16.03%), respectively. R&D expenses accounted for 9.25%, 6.83%, and 13.78%, respectively.
The integrated circuit industry may benefit from it