IPO review notice
Next week (December 18-December 22), the IPO will review 3 companies, 1 on the Science and Technology Innovation Board, 1 on the Shenzhen Main Board, and 1 on the Beijing Stock Exchange, with a total of 146.7 billion yuan.
Among them are worth noting:
Brite sharesIt was held on October 18, 2023, but was suspended due to the sufficiency of the basis for the determination of the actual controller and the fairness of SMIC's related party transactions.
Fuling sharesIn 2015, it was listed on the NASDAQ exchange by building a red-chip structure with an issue price of $5 shares, but the subsequent stock price was sluggish, and by 2020, it had fallen to about $2 shares. In December 2020, the company was privatized and delisted, and the privatization** was 2. per share$35. After a break, the company declared that the A-share Shenzhen main board sought to be listed again.
Tietuo MachineryThe GEM IPO was accepted on 18 September 2020, and the listing process was terminated on 3 February 2021 after two rounds of inquiries due to the withdrawal of the listing sponsorship application by the issuer and the sponsor. The company applied for IPO and changed sponsors on the Beijing Stock Exchange, which was accepted on June 30, 2023.
A list of companies that will be held next week
Brite shares
Brite Co., Ltd. is an integrated circuit design service company focusing on providing one-stop chip customization. Positioned in the field of a new generation of information technology, the company has been committed to providing customers with high-value and differentiated chip design services since its establishment, and has developed a comprehensive technical service system with large-scale SOC custom design technology and semiconductor IP development technology as the core.
As of the signing date of the prospectus, the issuer's shareholding is relatively dispersed, and the total shareholding ratio of the largest shareholder Zhuang Zhiqing and its persons acting in concert is 1982%。The company has no controlling shareholder or actual controller.
The public offering will not exceed 30 million shares, and the total share capital after the issuance will not exceed 120 million shares.
Company performance
Fundraising projects
Fuling shares
Fuling Co., Ltd. is a high-tech enterprise mainly engaged in the research and development, production and sales of plastic tableware and biodegradable material tableware. The company is a leading plastic tableware manufacturing enterprise in China, a national manufacturing single champion demonstration enterprise, and a green design demonstration enterprise for industrial products. The company's products are mainly plastic and biodegradable material tableware, including knives, forks and spoons, straws, cups, small cups, plates, cup lids, packaging boxes, packaging bowls, paper products (paper cups and paper straws), etc.
As at the date of this Prospectus, Zhenlong Intelligent directly held 36,474350,000 shares with a shareholding ratio of 8252%, the controlling shareholder of the company. The actual controllers of the company are Jiang Guilan and Hu Gan, who together control the company 8544% of the voting shares.
The offering does not exceed 14,7330,000,000 shares, with a total share capital of no more than 58,932 after issuance0,000,000 shares.
Company performance
Fundraising projects
Tietuo Machinery
Tietuo Machinery is a professional manufacturer of asphalt mixing equipment and its supporting equipment integrating R&D, production, sales and service. Focusing on the whole life cycle of asphalt mixture from production to production, the company has established a full-category and multi-series product system including asphalt mixture mixing equipment, asphalt mixture plant mixing and hot recycling equipment, rap flexible crushing and screening equipment, aggregate shaping and sand making equipment, etc. Relying on nearly 20 years of technology accumulation and rich experience in customized product development, the company has become one of the few equipment providers in the industry that has mastered technical solutions suitable for various complex application scenarios at home and abroad.
As of the date of signing of the prospectus, Wang Xiren is the controlling shareholder and actual controller of the company, and the proportion of voting rights that can actually control the issuer's shares is 5704%。
The offering does not exceed 2,226630,000 shares (without consideration of over-allotment option);If the over-allotment option is exercised, it will not exceed 2,560630,000 shares.
Company performance
Fundraising projects