The IPO of the Huaxi Technology Bei Stock Exchange was accepted, and the number of companies in the audit of the Henan Enterprise was increased to 7

Author:Dahe Cai Cube Time:2022.06.17

[Dahe Daily · Dahecai Cube] (Reporter Wu Chunbo) Another number of Henan New Third Board listed enterprises submitted a listing application to the Bei Stock Exchange.

On the evening of June 16, the official website of the Beijing Stock Exchange showed that Xinxiang Huaxi Technology Co., Ltd. (hereinafter referred to as Huaxi Technology) A -share IPO was accepted, and the company disclosed the prospectus (declaration draft) on the same day.

This also means that the total number of Henan enterprises has increased to 7 among the current Northern Stock Exchange.

The past three years have increased steadily

It is intended to raise 130 million yuan to strengthen the main business ability

Huaxi Technology was established in 2008 and was listed in the New Third Board in 2018. The company's main business is the research, development, production and sales and application services of agricultural machinery such as series bundle machinery, corn seed grains, and silage round bundles processing units, and provide customers with OEM products production and processing services for customers. The main products include corn seed grains harvesting, bundle -bundlers, and corn harvester.

According to the prospectus, Huaxi Technology ’s IPO intends to issue no more than 14 million shares (without considering the excess and sale options). In the case of considering the excess and sale options, the number of public offering of shares does not exceed 16.1 million shares, and the raised funds raised funds About 130 million yuan is used for an annual output of 5,000 agricultural harvest mechanical intelligent upgrade and expansion projects and supplementary funds.

Huaxi Technology stated that the aim of improving the original production lines and increased automated production equipment such as welding robots and CNC laser cutting machines to improve the company's core product quality and intelligent production level, improve production efficiency, and develop results for the company's research and development results. The transformation provides strong support, thereby further consolidating the company's industry position.

The reporter learned that the listing standard for the selection of Huaxi Technology is "The estimated market value is not less than 200 million yuan, the net profit in the past two years has not less than 15 million yuan, and the average net asset yield is not less than 8%, or the recent one is one recently. The annual net profit is not less than 25 million yuan and the average net asset yield is not less than 8%. "

Huaxi Technology is expected to be less than 200 million yuan after its issuance. After the deduction of 2020 and 2021, the net profit of shareholders of the parent company is 26.4536 million yuan and 26.7225 million yuan. The yields are 31.46%and 27.45%, which meet the above standards.

According to the prospectus, from 2019 to 2021, Huaxi Technology achieved operating income of 98.6665 million yuan, 137.674 million yuan, and 174.418 million yuan, respectively, and the net profit attributable to the owner of the parent company was 15.408 million yuan, 26.647 million yuan, and 28.459 million yuan Both operating income and net profit have shown steadily. As of the end of 2021, the company's assets totaled 143 million yuan.

The domestic binding machine industry second

The market proportion reaches 4.48%

Data show that because the seasonal demand for agricultural equipment is obvious and depends on the model of dealers and agents, which means that agricultural machinery companies often face large cash flow pressure, and the agricultural machinery industry has also become a capital -intensive industry.

In addition, due to the complex structure of agricultural machinery equipment, more categories, and high processing accuracy requirements, the market's requirements for the product have changed from the previous "simple, honest, and solid" to the integrated direction of mechanical and electrical liquid, information technology and biological science The technical level and technical added value of equipment are gradually rising, and the technology and experience barriers facing new enterprises in the industry are getting higher and higher.

Huaxi Technology is the third batch of new "little giants" enterprises and national high -tech enterprises for the Ministry of Industry and Information Technology.

According to the prospectus, from 2019 to 2021, Huaxi Technology's major agricultural machinery products bundle machines and corn cutting sales volumes of 1752, 2290 and 2654, of which the bundle machine sales were 1176, 1842 and 2237 units. All show steadily growth. Among them, the domestic market accounted for 4.48%in 2020.

According to the internal statistics of the China Agricultural Machinery Industry Association, in 2021, among the 12 major domestic binding companies, Huaxi Technology ranked second, and the sales volume of Fang Binding machine ranked first.

Correspondingly, Huaxi Technology has a high brand awareness in the industry. In 2018, its "Huaxi Yutian" brand was identified as "China's famous trademark" by the Trademark Bureau of the State Administration for Industry and Commerce.

In 2008, in order to solve the problem of pollution of the atmospheric environment of straw incineration, the state introduced relevant policies to promote the comprehensive utilization of crop straws, and reuses resources such as feed, fuelization, base materials, and raw materials for straw.

Huaxi Technology stated that the comprehensive use of straw's use of the growth of the bundle machine market has played a continuous support.

In addition, sorting out the prospectus and its previous public transfer instructions. Reporters reporters of the Dahe News Daily Dahecai noticed that as the actual controller of Huaxi Technology, Meng Fanwei was not the founder of the company. Technology, and led the company to list the New Third Board in 2018.

According to public information, Huaxi Technology entered the New Third Board innovation layer on June 7, 2021. As of the date of the signing of this prospectus, Huaxi Technology has entered an innovation time for one year.

The increase in enterprises in the trial to the number of companies to 7

Henan Enterprise Bei Stock Exchange listing waves up

As a "barometer" for regional economic development, the overall development of a listed company in a regional region directly reflects the economic prosperity of the region. The establishment of the Beijing Stock Exchange in 2021 provided new options for the listing of Henan enterprises.

The reporter sorted out and found that, as an important option for the listing of Henan enterprises, in addition to the four companies that have been listed on the Beijing Stock Exchange, more Henan companies choose to treat the Beijing Stock Exchange as a listing destination.

According to incomplete statistics from the Dahe News Daily · Dahecai Cube, as of June 17, there are currently 18 trials and tutoring enterprises. Among them, Xinyuan Information, Shengyuan Technology, Ruiheng CNC, Huatai Grain and Oil, Chicheng Electric, Fang Nike, Huizhikang, Qiule Seeds, Chunquan Garden, Oriental Carbon, Deep Cold Energy are tutoring or have already been tutoring or have already been tutoring Complete counseling; 7 Henan Enterprise Bei Stock Exchange, Henan Enterprise Bei Stock Exchange, Henan Enterprise Bei Stock Exchange is being reviewed. Registration, Huifeng diamonds have been approved.

Henan enterprises are competing to land on the Bei Stock Exchange, which cannot be separated from the strong support of relevant policies in Henan Province.

In June 2020, the Henan Provincial Government issued the "Opinions on Accelerating the Listing of Enterprises", and strived to reach 160 listed companies at home and abroad by the end of 2024.

The Henan Provincial Government's work report mentioned this year that in 2022, it will accelerate the "transfer of enterprises, small upgrades, regulatory reforms, and shares listing", and strive to add about 20 new listed companies this year.

On June 13, the local financial supervision bureaus of Henan Province, the Zhengzhou Central Branch of the People's Bank of China, the Henan Banking Insurance Regulatory Bureau, and the Henan Securities Regulatory Bureau jointly issued the "Henan Financial Support Economic and Social Steady and Healthy Development Work Plan", and strive to be within five years from 2022 , 20 new domestic and overseas listed companies have been added each year, and the total number of listed companies in Henan Province exceeds 200.

The plan mentioned that it is necessary to speed up the pace of listing of "specialized specialty" enterprises, and give priority to the cultivation of eligible "specialized new" enterprises into the cultivation of the reserve enterprise library of the provincial key listing, implement the "green" channel of the enterprise listing, strengthen assistance and guidance for assistance guidance , Promote the listing of "specialized specialty" backup companies on the science and technology board, GEM, and the Peking Stock Exchange.

Responsible editor: Shi Jian | Audit: Li Zhen | Director: Wan Junwei

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