International Composites (**301526).
On December 26, International Composite Materials landed on the Growth Enterprise Market of the Shenzhen Stock Exchange. The company's main business is the research and development, production and sales of glass fiber and its products. The main products are glass fiber and its products.
Fundraising:
In this IPO, International Composite Materials plans to issue **700 million shares to the public, accounting for 18 percent of the total share capital after the issuance56%, with a total share capital of 377.1 billion shares. After deducting the issuance expenses, the net proceeds to be raised are 248.1 billion yuan, which is intended to be used for 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 supplementary working capital. The actual issuance of shares is 700 million shares, and the issue price is 266 yuan shares, the actual net amount of funds raised is 169.7 billion yuan, lower than the net amount to be raised.
Specific stock price performance:
Issue price: 266 yuan.
Opening price: 8$14.
The most**: 835 yuan.
Lowest: 660 yuan.
* Price: 662 yuan.
Change: +14887%
Turnover rate: 7162%
Company market capitalization: 2496.3 billion.
On December 26, International Composite Materials landed on the Growth Enterprise Market of the Shenzhen Stock Exchange. The opening price is 814 yuan, 206% of the issue price.
According to the prospectus, the revenue of International Composite Materials in 2020, 2021, and 2022 will be 69 respectively1.2 billion yuan, 8.3 billion yuan, 789.4 billion yuan;The net profit was 58.4 billion yuan, 122.8 billion yuan, 125.2 billion yuan;The net profit after deducting non-profits was 2400 million yuan, 108.3 billion yuan, 98.2 billion yuan.
In addition, the company's revenue for the first nine months of 2023 was 528.3 billion yuan, up from 5.9 billion in the same period last year800 million yuan, down 1166%；Net profit was 46.2 billion yuan, up from 10.2 billion yuan in the same period last year4.6 billion yuan, down 5582%；Net profit after deducting non-profits was 2900 million yuan, compared with 8 in the same period last year7.8 billion yuan, down 67%.