The GEM also came with low-priced new shares, and the new shares were subscribed on December 15, 301526 International Composites, and the issue price was 266 yuan, P/E ratio 1021 times, the total number of shares issued is about 700 million, and it is planned to raise 24800 million, the actual funds raised 18600 million, no over-raising!
So what exactly does International Composites do? How is the company's performance? Who is the sponsor? How much does a sponsor cost? Let's take a closer look!
Founded in 1991 and acquired by Yuntianhua in 1999, International Composites is an important pillar of Yuntianhua Group's new material industry. The company is committed to the development of high-performance products with stable quality and continuous innovation, providing customers with valuable services and application solutions, and is a large-scale state-owned enterprise focusing on high-performance new materials and integrating R&D, production and sales of glass fiber products. International Composite Materials has three sales subsidiaries in North America, Europe and Hong Kong, and has production bases in Chongqing, Zhuhai, Changzhou and overseas Brazil, Bahrain and the United States, with an annual production capacity of more than 900,000 tons of glass fiber yarn and an annual production capacity of 200 million meters of glass fiber cloth.
The main business is the research and development, production and sales of glass fiber and its products!
In the past two years, the revenue has been around 1 billion.
Through the financial data of International Composites, it can be seen that the company's revenue from 2020 to 2022 and the first half of 2023 is 691.2 billion yuan, 8.3 billion yuan, 789.4 billion and 35$1.6 billion; Net profit was 4400 million yuan, 109.7 billion yuan, 114.4 billion yuan and 30.9 billion yuan. Net profit in 2022 increased by 4% year-on-year27%
The sponsor is open source**.
The sponsor of the international composite material is open source**, which originally planned to raise 24800 million yuan will be used to invest in the construction of an annual output of 150,000 tons of ECT glass fiber intelligent manufacturing production line project, F10B annual output of 150,000 tons of high-performance glass fiber production line cold repair technical transformation project, high-performance electronic grade glass fiber product transformation and upgrading technology transformation project, and replenish working capital.
The ** interval received during the RFQ is 144 yuan shares-4$42 shares. Among them, Xinyuan ** reported 1The lowest price of 44 yuan shares, Huabao ** quoted 442 yuan shares are the most, the most and the lowest price are excluded!
In the end, the open source ** discussed with the international composite materials and set the ** at 266 yuan, a total of 700 million shares were issued, and the actual funds raised were 18600 million, open source ** took 1Sponsor fee around 2!
The money from this listing is fast, the international composite material got 1.8 billion, and the open source ** took 1200 million sponsor fee, patted the ass and left, and the mess after the listing was left to the shareholders, which is really full of gain!
Let's see what investors are saying!
This total share capital of 3 billion is made of glass, if the stock price is speculated, there will be a phenomenon of endless purchases at that time, and finally all of them will be trapped.
A total share capital of 3 billion, neurotic.
It doesn't make sense to win this kind of new stock, the market value is so high, the stock price is so low, it takes more than 1,000 to double it, but the market value is too high to double it is basically impossible!
As long as the glass is related, it can be related to 5G!
It can be seen that investors are all kinds of complaints, now the new stock listing fee is too expensive, expensive and scary, basically every 100 companies listed, only the "issuance fee" and "underwriting sponsor fee" these two charges, you have to directly eat 15 companies, the lowest information disclosure fee is as high as more than 4 million.
So far, in 2023, there will be a total of 297 new A-share listed companies, and the total IPO funds raised will be 3,4617.6 billion yuan, the issuance cost of the main board is basically more than 100 million, and the issuance cost is more than 100 million yuan.