A -share extension of GDRs overseas: Dongpeng Beverage, Well shares announced to join

On June 30, Capital State learned that since 2022, many A -share companies have intended to plan to issue global depository certificates (GDR ") on the market overseas, and most of them choose to be listed abroad, and most of them have chosen on the Swiss Stock Exchange (" " The Rui Stock Exchange ") is listed.

According to incomplete statistics, as of June 29, at least 10 companies including Guoxuan Hi -Tech, Lepu Medical, Shanshan Co., Ltd., Greenmi, and Dongpeng beverage intend to issue GDRs and listed on the Ruixi Stock Exchange. It is intended to issue GDR and listed on the Ruixing Stock Exchange or the Lun Stock Exchange.

The above -mentioned companies generally stated that planning and listing of overseas GDRs is to broaden the company's international financing channels, meet the needs of international business development, and further strengthen global brand influence.

【Expansion of GDR Issuing overseas】

On the evening of June 29, Dongpeng Beverage (605499.SH) announced that in order to expand the company's international financing channels, meet the company's domestic and foreign business development needs, enhance the company's international brand and corporate image, the company plans to plan overseas issuance of global deposit certificates And listed on the Swiss Stock Exchange.

Regarding the purpose of the GDR issuance overseas, the company expressed the hope that through this distribution, the brand's international awareness and competitiveness will be enhanced, the internationalization of the brand will be accelerated, and the "Dongpeng" brand will be further strengthened through internationalization.

In addition, the company will make full use of the favorable timing of the capital market reform and the strong support of policies, achieve direct docking with the overseas capital market, enhance the company's overseas brand awareness and influence, expand overseas financial financing capabilities, and provide sufficient international development of the company to provide sufficient international development of the company. Fund and financial resources guarantee.

Finally, the company can also introduce overseas professional investment institutions and industrial investors, which will further optimize the company's equity structure, can continue to improve the company's governance transparency and standardized level, and provide a solid governance mechanism guarantee for the company's high -quality development.

On the evening of the same day, Weir (603501.SH) announced that in order to broaden the international financing channels, meet the needs of the company's international business development, further strengthen the global brand influence, and unswervingly promote the internationalization strategy, the company intends to issue global deposits overseas. The voucher is listed on the Swiss Stock Exchange.

The company stated that the global deposit certificate was issued overseas to strengthen the investment in technological innovation and product research and development; it is also to deepen the global strategic layout. In addition, it also hopes to use the capital market support to further optimize the equity structure and the level of corporate governance.

The company said that the company will use this issue to further enhance the popularity of the international market, increase investment in overseas market resources, and expand global market share. Strengthen the construction of supply chain and sales systems in the United States, Europe, Asia -Pacific and other regions; strengthen strategic cooperation with global customers and suppliers to further enhance the company's global brand image; enhance international research and development power, plan the global R & D center, and continue to strengthen product research and development Investment and maintain a leading advantage of technology. Vigorously introduce management talents and design talents with international backgrounds, and strengthen human resources construction.

Both companies stated that the issuance and listing of overseas GDRs will not lead to changes in the company's controlling shareholders and actual controllers. At the same time, it is prompted that the risk says that as of now, the issuance plan, the use of the issuance plan, the use of funds raised and the feasibility of use, etc. There are still great uncertainty, and the approval of the company's board of directors, the shareholders' meeting, and the approval of the company's board of directors, the shareholders' meeting, and the shareholders' meeting, and as well as The China Securities Supervision and Administration Commission, the Ruixong Stock Exchange, and other domestic and foreign authorities are approved, approved or filed.

The deposit certificate refers to a securities issued by the depositor and issued by overseas securities in the country, which represents the rights and interests of overseas basic securities. Generally speaking, deposit vouchers can be divided into two types: GDR and CDR. Among them, GDR allows qualified Shanghai -Shenzhen listed companies to issue DR on the specifications of overseas exchanges; CDR allows eligible overseas issuers to issue DR on the Shanghai and Shenzhen Exchange.

Analysts pointed out that with the steady opening of China's capital market and the increasingly complete rules of the relevant system, more and more enterprises have been listed overseas financing, and the issuance of GDR has become one of the important ways. For the company, the issuance of GDRs overseas can broaden the company's financing channels, attract overseas investors, and improve the company's equity structure.

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