Xingxin New Materials (**001358).
On December 21, Xingxin New Materials landed on the main board of the Shenzhen Stock Exchange. The company is mainly engaged in the research and development, production and sales of organic amine fine chemicals. The company's products include piperazine series and amide series.
Fundraising:
In this IPO, Xingxin New Materials plans to issue **22 million shares to the public, accounting for 25% of the total share capital after the issuance, and the total share capital after the issuance is 88 million shares. After deducting the issuance expenses, the net proceeds to be raised are 55 billion yuan, which is intended to be used for an annual output of 14,000 tons of environmentally friendly solvent products and 5,250 tons of polyurethane foaming agent project, 8800t a piperazine series products, 74600t a heavy metal chelating agent, 1000t a dimorpholinoethyl ether project, research and development building construction project and supplementary working capital. The actual issuance of shares is 22 million shares, and the issue price is 4100 yuan shares, the actual net amount of funds raised is 81 billion yuan, higher than the net amount to be raised.
Specific stock price performance:
Issue price: 4100 yuan.
Opening price: 6457 yuan.
The most**: 6566 yuan.
Low: 5589 yuan.
* Price: 5625 yuan.
Change: +3720%
Turnover rate: 7014%
Company market capitalization: 495 billion.
On December 21, Xingxin New Materials landed on the main board of the Shenzhen Stock Exchange.
According to the prospectus, from 2020 to January to June 2023, the company's operating income was 37,362380,000 yuan, 50,798730,000 yuan and 77,447190,000 yuan and 36,350920,000 yuan, with a compound growth rate of 43 operating income from 2020 to 202297%；The net profit deducted from non-attributable to the parent company was 4,937920,000 yuan, 11,422120,000 yuan, 20,699710,000 yuan and 9,278090,000 yuan, and the compound growth rate of net profit deducted from 2020 to 2022 is 10474%。