On March 4, the new shares were subscribed, 301588 Meixin Technology, and the issue price was 145 yuan, P/E ratio 209 times, a total of 29.72 million shares were issued, and 95.8 billion, the actual raised funds 43.1 billion, no over-raising!
So what exactly does MEMSIC do? How is the company's performance? Who is the sponsor? How much does a sponsor cost? Let's take a closer look!
MEMSIC is mainly engaged in the research and development, production and sales of wood-plastic composite materials and their products, and its main products are new environmentally friendly wood-plastic profiles such as outdoor flooring, wall panels, and composite flooring, which are widely used in outdoor environments such as family courtyard balconies, public building facilities, and landscape construction.
It can be seen from the financial data of MEMSIC that the company's revenue from 2020 to 2023 will be 496.9 billion yuan, 694.7 billion yuan, 746.2 billion yuan and 791.5 billion yuan; The net profit was 65.14 million yuan, 93.47 million yuan, 84.75 million yuan and 75.97 million yuan respectively, and it can be seen that the company's net profit in 2023 will decrease by 10% year-on-year36%！
MEMSIC's sponsor is CICC, which originally planned to raise 95.8 billion yuan, which will be used for the industrialization project of new environmentally friendly plastic wood profiles of MEMSIC, the construction project of R&D center, the construction project of marketing network, and the replenishment of working capital!
After the inquiry, CICC discussed with MEMSIC to set ** at 145 yuan, 29.72 million shares were issued, and the actual funds raised were 43.1 billion, CICC took about 40 million in sponsorship fees!
After Chairman Wu took office, the new shares issued, at least there was no over-raising, before Yi Huiman's over-raising phenomenon was too serious, over-raising itself is a waste, the company does not need so much money, you have to give more, you can only buy financial management after taking it!
The actual controllers of MEMSIC are Lin Dongrong, Lin Dongliang and Lin Dongqi, and Lin Dongrong, Lin Dongliang and Lin Dongqi jointly control the company510467% of the shares, Lin Dongliang is the chairman, Lin Dongrong is the director and general manager, Lin Dongqi is the director of the company, and the three brothers are all Hong Kong citizens and have permanent residency in the United States!
Why is this kind of unskilled company listed?
It's the garbage delivery company again.
This kind of garbage can still be listed, isn't it obvious that it will be delisted in a few years?
Continuously develop all kinds of outdoor flooring, wall panels, fences and other products; Is this also called technology?
It can be seen that investors are complaining about all kinds of complaints, after Chairman Wu took office, the new stock window was empty for a week, and it will continue to start next week, so we can't stop for a while, so let's slow down, just see how the listing of MEMSIC Technology performs!