**:Sina**.
(1) The basic situation of the company
Full name: Texas United Petroleum Technology Co., Ltd. ***
Abbreviation: Deshi shares
*：301158.sz
IPO filing date: November 9, 2020.
Release date: January 17, 2022.
Listed sector: GEM.
Industry: Special equipment manufacturing industry (CSRC industry 2012 edition).
IPO Sponsors:Guoxin**
Sponsor Representative:Fu Yulong, Liang Liqun
IPO underwriter: Guoxin **shares***
IPO lawyer: Beijing Tian Yuan Law Firm.
IPO auditor: Zhongxi Certified Public Accountants (Special General Partnership).
(2) Practice evaluations
(1) Information disclosure
Issuers are required to supplement the disclosure of the comparison of the issuer's relevant financial indicators in 2020 with those of comparable companies in the same industry in combination with the relevant data of the 2020 annual reports of comparable companies in the same industry, and analyze and disclose the reasons and reasonableness of the differencesThe application materials do not disclose the specific validity period of the concerted action agreement;The number of rounds of inquiry is 3.
(2) Regulatory penalties
During the reporting period, the issuer and its subsidiaries were subject to a total of 1 administrative penalty.
(3) **Supervision: no points will be deducted
(4) Listing cycle
In 2022, the average number of days from filing to listing of listed A-share enterprises was 4036 days, the listing period of Deshi shares is 435 days, which is higher than the overall average.
(5) Whether it is declared multiple times: it does not belong and no points will be deducted
(6) Issuance expenses and issuance expense ratios
The commission rate for underwriting and sponsorship of Deshi shares is 472%, which is lower than the overall average of 519%。
(7) First day of listing
It rose 70 on the first day of listing01%。
(8) Three-month performance on the market
It rose 49 in three months after listing81%。
(9) Issue price-to-earnings ratio
The issue price-to-earnings ratio of Deshi shares is 4162 times, the industry average is 43 times, and the company is lower than the industry 321%。
(10) Actual fundraising ratio
It is expected to raise 43.7 billion yuan, the actual fundraising is 58.8 billion yuan, with an over-raising ratio of 3466%。
(11) Post-IPO short-term performance
In 2022, the company's operating income increased by 10% year-on-year59%, and operating profit increased by 22% year-on-year56%, net profit increased by 22% year-on-year58%, and the net profit attributable to the parent company increased by 22% year-on-year58%, net profit deducted from non-attributable to the parent increased by 29 percent year-on-year79%。
(12) Abandonment ratio and underwriting ratio
The abandonment rate is 019%。
(3) Total scores
The total score of the IPO project of Deshi shares is:88 points, classificationClass B。The negative factors affecting the score of Deshi shares are: the quality of the company's information disclosure needs to be improved, it is subject to administrative penalties, and the listing cycle is long. This shows that although the company's performance is good in the short term, the quality of information disclosure needs to be improved, and investors are advised to pay attention to the authenticity behind its performance.