** Jinling Capital Circle.
[Summary].Today (December 8), the 97th meeting of the Listing Committee of the Shanghai Stock Exchange in 2023 deliberated and approved the initial offering application of China Salt Anhui Red Sifang Fertilizer Co., Ltd. (hereinafter referred to as "Red Sifang").
Red Sifang intends to be listed on the main board of the Shanghai Stock Exchange, and the company plans to issue no more than 5,000000,000 shares, accounting for no less than 25 of the total share capital after this issuance00%；After the completion of the issuance, the total share capital of the company does not exceed 20,0000,000,000 shares.
The intermediary of the IPO of the Red Sifang: the sponsor and lead underwriter - Guoyuan**, the law firm - Anhui Tianhe, and the audit institution - Rongcheng.
The Red Quartet intends to raise funds 49.6 billion yuan, the funds raised are intended to be used for the expansion of 200,000 tons of new efficiency-enhancing special fertilizer projects, the expansion of 50,000 tons of special high-quality potash fertilizer for cash crops and supporting projects, repayment of bank loans and replenishment of working capital.
Introduction to the Red Quartet
Red Sifang was established in March 2012, and the company's domicile is located in Hefei Circular Economy Demonstration Park, Anhui Province.
The company is a fertilizer manufacturer specializing in the research and development, production, sales and service of compound fertilizer and nitrogen fertilizer products, and is the operating entity of the agricultural fertilizer business segment of China Salt Group.
Red Sifang has formed a complete R&D, production, sales and agrochemical service system focusing on compound fertilizer products and extending to the upstream nitrogen fertilizer industry.
The company's products mainly include conventional compound fertilizers, various crop formula fertilizers, new special fertilizers, nitrogen fertilizers and other series of hundreds of varieties and specifications, and the company's compound fertilizer production and sales rank in the forefront of China's compound fertilizer industry.
The company's sales revenue and proportion of products by product).
At present, the listed companies in the compound fertilizer industry mainly include Sirte, Batian, Liuguo Chemical, Yonfer, Stanley, Yuntu Holdings, and Yuntianhua.
The main financial data of the Red Quartet
During the reporting period (January-June 2020, 2021, 2022, and 2023), the operating income of Red Quartet was 268.1 billion yuan, 305.4 billion yuan, 417 billion yuan, 212.4 billion yuan;The net profit attributable to the parent company was 12 billion yuan, 11.1 billion yuan, 11.9 billion yuan, 8213660,000 yuan.
In each period of the reporting period, the gross profit margin of the main business of Red Sifang was as follows. 26%；The weighted average return on equity were: 16%。
The actual controller of the Red Quartet
The controlling shareholder of Red Sifang is Red Sifang Holdings, which holds 13,300 of the company000,000 shares, accounting for 8867%。China Salt Group and its wholly-owned subsidiary, China Salt Asset Management, hold 95% and 5% of the shares of Red Sifang Holdings, respectively. China Salt Group is a leading enterprise authorized by the State-owned Assets Supervision and Administration Commission to perform the duties of an investor.
Red Quartet shareholding structure).
The Board of Directors of the Red Quad has a total of 9 directors, including 3 independent directors. Among them, Chen Yong is the secretary of the party committee and chairman of the company;Chen Guoqing is the director and general manager.
Chen Yong's resume).
Chen Guoqing's resume).
(Special note: The above information is from the announcement and public information of listed companies, ** risky, investment needs to be cautious, this article is not used as any investment basis.) ）