Leju Finance and Economics Yan Ming will beOn December 28, Zhongshen Jianye Holdings*** announced that the company will offer shares from December 28, 2023 to January 4, 202428.7 billion shares, to raise about 1HK$2.9 billion.
Among them, 1287 shares were offered to the public20,000 shares, 1 placing shares1,582.8 billion shares;The offer price is 1. per Offer ShareHK$00, board lot size of 4000 shares;The shares are expected to be listed on the Main Board of the Stock Exchange on 9 January 2024.
According to the prospectus, Zhongshen Construction was established in 2017 and is a private general contracting construction enterprise.
According to the Frost & Sullivan report, in 2022, Zhongshen Construction ranked among the top 50 (in terms of revenue) among more than 10,000 private construction enterprises headquartered in Guangdong Province, with a market share of about 023%, and the scale of the construction industry in Guangdong Province will account for about 8% of the overall market in China in 20222% (in terms of revenue), among all private construction enterprises in Guangdong Province in 2022, the top five private construction enterprises in Guangdong Province accounted for about 150% market share.
In terms of performance, the revenue realized by Zhongshen Construction in 2020, 2021, 2022, the six months ended June 30, 2022 and the six months ended June 30, 2023 was approximately 133.1 billion yuan, 134.6 billion yuan, 137.8 billion yuan, 37.2 billion yuan, 49.6 billion yuan;The profit for the realization period was 135590,000 yuan, 280760,000 yuan, 253250,000 yuan, -43810,000 yuan, 107870,000 RMB.
Before submitting the table, Sang Xianfeng held 736% equity, holding an absolute controlling stake, Zhongshen Hengtai and Sang Xianfeng are the controlling shareholders of the company. At the same time, Sang Xianfeng serves as an executive director and chairman of the board of directors of the company, mainly responsible for strategic planning and supervising the implementation of policies, and is the actual controller of the company.
Xian Yurong holds 18With a 4% stake, he is the second largest shareholder of the company, and Sin Yurong also serves as the company's chief executive officer.
According to the prospectus, Sang Xianxian, 27 years old, is one of the co-founders of the group. Sang Xianfeng is an executive Director and the chairman of the Board. Sang Xianfeng graduated from Northeastern University in July 2020 with a junior college in construction engineering technology (online education). In August 2022, he completed the Advanced Strategic Seminar on New Practical Real Estate at the Shenzhen International Graduate School of Tsinghua University. Prior to joining the Group, Sang Xianfeng worked in Shenzhen Construction and Resettlement Engineering from April 2016 to May 2017, mainly engaged in real estate development and construction business, with his last position as marketing manager.
Sin Yuk Wing, aged 37, is one of the co-founders of the Group. Sin Yurong is an executive Director and chief executive officer. Xian Yurong graduated from Shantou Vocational and Technical College in July 2009 and obtained a bachelor's degree in civil engineering (** education) from Huazhong University of Science and Technology in July 2016. In August 2018, he completed the Advanced Strategy Seminar on New Practical Real Estate at the Shenzhen Graduate School of Tsinghua University. Since May 2020, Sin Yurong has been studying for the Executive Business Administration Program at Cheung Kong Graduate School of Business.