[Summary].Today (December 22), the 90th meeting of the Listing Review Committee of the Shenzhen Stock Exchange in 2023 reviewed and approved the initial offering application of Fuling Technology Co., Ltd. *** hereinafter referred to as "Fuling Co., Ltd.".
Fuling shares are planned to be listed on the main board of **, and the company intends to issue no more than 14,733000,000 shares, accounting for not less than 25% of the total share capital after issuance;After issuance, the total share capital of the company shall not exceed 58,9320,000,000 shares.
The intermediary of the IPO of Fuling shares: sponsor, lead underwriter - Dongxing**, law firm - Zhejiang Tianshu, audit institution - Ernst & Young Huaming.
Fuling shares IPO plans to raise funds 66.1 billion yuan, the funds raised are intended to be used for an annual output of 20,000 tons of recyclable plastic products, 20,000 tons of biodegradable plastic products technical transformation projects, R&D center upgrade projects, replenishment of working capital, etc.
Introduction to Fuling shares
Fuling Co., Ltd. was established in October 1992, and the company's domicile is located in Wenling City, Taizhou City, Zhejiang Province.
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 main products of Fuling Co., Ltd. are plastic and biodegradable material tableware, including knives, forks and spoons, straws, cups, small measuring cups, plates, cup lids, packaging boxes, packaging bowls, etc.
The company's main business income is classified by product).
The company's main direct or end customers include McDonald'S (McDonald's), Wendy'S (Wendy's), KFC (KFC), Tea Baidao, Michelle Bingcheng and Bawang Tea Ji, etc.
The major companies in the industry are Homelink Technology, Hengxin Life, DART Container Corporation, and Pactiv Evergreen Inc, Jiaxing Zhongli Plastics*** and so on.
The main financial data of Fuling shares
During the reporting period (January to June 2020, 2021, 2022 and 2023), the operating income of Fuling shares was 106.8 billion yuan, 145.8 billion yuan, 215.4 billion yuan, 80.9 billion yuan, and the net profit attributable to the parent company was 7,706810,000 yuan, 11,633860,000 yuan, 25,538070,000 yuan, 9,835720,000 yuan.
In each period of the reporting period, the comprehensive gross profit margin of Fuling shares was as follows. 30% and 2561%, weighted average return on equity respectively. 52%。
The actual controller of Fuling shares.
The actual controllers of Fuling shares are Jiang Guilan and Hu Gan, and the two are mother and son.
Zhenlong Intelligent directly holds 36,474 of the company350,000 shares with a shareholding ratio of 8252%, is the controlling shareholder of the company, Jiang Guilan and Hu Gan control the company through Zhenlong Intelligence and Yisheng Consulting together 8544% of the voting shares.
Shareholding structure of Fuling shares).
Jiang Guilan was born in April 1963, is 60 years old this year, and currently serves as the chairman of the companyHu Gan, born in November 1985, is 38 years old this year, and currently serves as the deputy general manager of the companyHu Xinfu was born in December 1960, 63 years old this year, and Jiang Guilan is husband and wife, and Hu Gan is father and son, and currently serves as the company's director and general manager.
Jiang Guilan and Hu Xinfu resumes).
Hu Gan's resume).Special note: The above information is from the company's announcement or public information, ** risky, investment needs to be cautious, this article is not used as any investment basis.