This state owned property company wants to sprint to the Beijing Stock Exchange

Mondo Finance Updated on 2024-01-29

For more original content, please pay attention to the property big ** (wuyedabaozha).

Since the birth of the Beijing Stock Exchange, many property companies have been thinking about it.

At that time, although the property management outlet was there, the threshold of the Hong Kong Stock Exchange and the Shanghai Stock Exchange was relatively high, and in addition to the large property enterprises that were eligible to submit the table, the small property enterprises had almost no hope of listing.

Therefore, analysts believe that the Beijing Stock Exchange, which has a low threshold, may be the spring of small enterprises.

For example, six property companies, including Soke Property, Xinhongyun, Xingyeyuan, Wanlian Urban Service, Kingfa Co., Ltd. and Xinriyue, are pinned on high hopes.

But in fact, the Beijing Stock Exchange is already two years old, but the "seed" players mentioned above have not been able to knock on the door of the Beijing Stock Exchange as they wished.

Originally, it was the most promising pure property enterprise to become the first property company of the Beijing Stock Exchange"New Sun and Moon".Four months after applying for listing on the select layer, the regulator quietly withdrew the listing application in the face of 24 questions about its continued operation and declining profits.

Master Be's belief that New Sun Moon has the ambition to be listed on the Beijing Stock Exchange, but it failed because of its flawed condition and lack of preparation.

The failure of the IPO of the new sun and moon has not been able to dispel the thoughts of other property companies. On December 2, a property company located in Xi'an, called "Yaheyi Life Technology", expressed its plan to land on the Beijing Stock Exchange in 2022.

The abbreviation has the word "technology" in it, which is obviously prepared. However, 9 days after its general manager Zhan Feng set the flag that he would land on the Beijing Stock Exchange, all the shares of the company held by its major shareholder Xu Shuping were frozen by the judiciary. Since then, there has been no news of the IPO plan.

The IPO of New Riyue and Yaheyi Life was frustrated, and for a long time, no property company dared to confide in it, and it seems that the Beijing Stock Exchange has become a forbidden place for property companies.

And the forbidden land is infinitely beautiful. Since late October 2023, unlike the Shanghai Stock Exchange and the Shenzhen Stock Exchange, the Beijing Stock Exchange has gradually stepped out of "independence" under the favorable effects of multiple policies such as reform

For example, the Beijing Stock Exchange 50 Index hit a new high in more than a year, with the turnover climbing to nearly 100 billion yuan and the number of account openings soaring, with the average number of accounts opened per day remaining at tens of thousands.

When the Hong Kong Stock Exchange is at the cusp of property management, many property companies are following one after another. Today's "bull market" on the Beijing Stock Exchange has also made a property company a little impatient.

On November 15, the launch of the "three services" of the Beijing Stock Exchange and the unveiling ceremony of the Gansu service base of the Beijing Stock Exchange were held in LanzhouLan Shiya lifeAs one of the first 20 enterprises to enter the "Gansu Province Listed Reserve Enterprise Resource Pool", the property company is one of the first 20 enterprisesIt was licensed by the Gansu Provincial Local Financial Supervision and Administration Bureau.

Lanshiya Life Property Company said that it will take this warehousing as an opportunity to seize policy opportunities such as the reform of the Beijing Stock Exchange and the cultivation of provincial listed reserve enterprises, and accelerate the work of listing.

It is not difficult to find that Lan Shiya's intention is clear, that is, to be listed on the Beijing Stock Exchange. If it succeeds, it will become the first listed property company on the Beijing Stock Exchange, and it will also set an example for other small property companies.

According to the data, Lanshiya Life Property was established on February 1, 2005 with a registered capital of 30 million yuan, and is the first mixed-use property enterprise in Gansu, which was introduced into Ya Life in 2019. The business scope includes municipal solid waste management services;Tap water production with**;Special equipment installation, transformation, repair, etc.

The company is 51% owned by Lanzhou Lanshi Real Estate Development Co., Ltd. and 49% owned by Ya Life Smart City Service Co., Ltd. Among them, Lanzhou Lanshi Real Estate Development is indirectly 100% owned by the Gansu Provincial People's State-owned Assets Supervision and Administration Commission.

In Beye's view, Lan Shiya's life is not large, at best it is a small and medium-sized enterprise. Judging by the main business, it should follow the strategic positioning of urban services. It can be said that it is the standard configuration of property enterprises, and its related parties are real estate enterprises, and the advantages are not obvious.

But the highlight is its two major shareholders, Ya Life and Gansu State-owned Assets Supervision and Administration Commission. Needless to say, Ya Life is currently the top 3 listed property companies, and the state-owned assets holding shows that Lanshi Ya Life is a national team attribute.

So the question, Lan Shiya Life landed on the Beijing Stock Exchange, what are the odds of winning?

As mentioned earlier, New Riyue and Yaheyi Life, one is a pure property enterprise that is not well prepared, and a major shareholder's equity in the real estate industry is frozen, and both stop at the Beijing Stock Exchange.

The identity of Lanshiya Life is backed by listed property companies and national teams, which is the biggest advantage of seeking listing.

According to the news information, before entering the listing reserve team, on November 10, Li Dalong, president of the second shareholder Ya Life, also led a team to visit Lanshi Group to conduct in-depth exchanges on the listing path of Lanshi Ya Life Property Company, the empowerment of shareholder resources, and the ideas of listing compliance rectification. Presumably gave some of the true scriptures of the listing.

In addition, the background of the major shareholder, the State-owned Assets Supervision and Administration Commission, may also enable Lanshiya Life to obtain a lot of convenient conditions for listing.

Lan Shiya's life has advantages, but there are also disadvantages or obstacles.

For example, its related party is Bluestone Real Estate. Before the establishment of the Beijing Stock Exchange, it was clearly stipulated that finance, finance, and financial services were prohibitedReal estate, overcapacity industries, eliminated industries, preschool education, discipline training and other enterprises are listed on the Beijing Stock Exchange. The property enterprise industry attribute is the real estate industry.

Although the third arrow shot at the end of last year said that it would resume the mergers and acquisitions and equity financing of listed real estate companies, it seems that no real estate companies have been shot at present.

There is also the "specialized, special and new" requirements of the Beijing Stock Exchange, and the main urban service of Lan Shiya life can meet how manyIn addition, it is not known what the performance of Lan Shiya's life is.

To sum up, Lan Shiya's life has obvious advantages, but the disadvantages are difficult to hide.

At the beginning of November, Lanshiya Life has publicly tendered for the listing of leading brokers, accounting firms, law firms, appraisal agencies, etc., and service projects, which means that the listing of Lanshiya Life is ready to fly.

Next, it depends on whether Lan Shiya's life will break through with strength, or whether the muzzle of the Beijing Stock Exchange will be raised by an inch.

For more original content, please pay attention to the property big ** (wuyedabaozha).

Related Pages