Hua Ling shares will be recorded at the fastest meeting of the Beibei Stock Exchange in 38 days

From the IPO to the acceptance to the meeting, only 38 days of use, Shanghai Hualing Integrated Circuit Technology Co., Ltd. (hereinafter referred to as Hualing Co., Ltd.) set the fastest record of the Beijing Stock Exchange.

Recently, the Beijing Stock Exchange issued an announcement that the Shanghai Stock Exchange's Shanghai Stock Exchange will hold the 30th review meeting of 2022 on the morning of July 29 to review the IPO of Hualing shares.

"Daily Economic News" reporter noticed that the IPO application of Hualing Co., Ltd. was accepted by the Beijing Stock Exchange on June 22, 2022. If a successful meeting, it means that the Hualing IPO will only take 38 days from the acceptance to the meeting. It will break the fastest meeting created by Huifeng Diamond (BJ839725, the stock price of 53.20 yuan, and a total market value of 2.367 billion yuan). Record.

Data source: Reporter sorted out the visual Chinese map Yang Jing map

Only 38 days of acceptance

The progress of Hualing shares in this sprint is "fascinating." Public information shows that on June 17, Hualing shares submitted IPO application materials to the Beijing Stock Exchange and received acceptance on June 22; on July 4, the Beijing Stock Exchange issued the first round of inquiry letters, and the company on July 20th. Reply to the first round of inquiries, and was arranged for officially on July 29.

From obtaining acceptance to the meeting, only 38 days. In contrast, the Huifeng diamonds of another popular track set the fastest record of 71 days in May 2022. The listing application of Huifeng Diamond was accepted on March 10, and the meeting was successful on May 20. On July 18, the company landed on the Bei Stock Exchange.

In fact, from the perspective of existing projects, the Beijing Stock Exchange intends to be accepted from the listing to the final meeting. Generally, several rounds of inquiries must be passed before and after. Most of the time lasted for 3 months to half a year. Wind information shows that as of July 27, since 2022, a total of 36 Beijing Stock Exchange companies have attended the meeting. 28 companies have successfully met with a meeting rate of about 77.78%.

"At present, the listing audit of the Beijing Stock Exchange has been accelerated, which is largely due to the forward movement of the Bei Stock Exchange's review and preparation. The original intention of high -quality development. "Zhou Yunnan, a senior New Third Board commentator and founder of Beijing Nanshan Investment, said in an interview with WeChat reporters on July 27.

From the perspective of Zhou Yunnan, the application for the Bei Stock Exchange must be listed on the New Third Board innovation layer for more than a year, which allows the relevant companies in the Beijian to disclose the announcement of the IPO application. As well as the issuer related information of the financing mergers and acquisitions review, the Shanghai Stock Exchange Shanghai Stock Exchange Municipal Party Committee and the company's regulatory authorities conducted discuss, analysis, and judgment, and achieved "counting" the issuer's situation in advance.

In addition, after the official acceptance of the IPO of the enterprise, the Beibei Stock Exchange carried the risk portrait of the issuer through the national stock transferred "weapon system", clarified the potential risk points, and reviewed the previous analysis. These all made the audit work efficient, comprehensive, and accurate Essence

The amount of government subsidies declines year by year

Hualing Co., Ltd. is a well -known third -party integrated circuit professional testing company in China. The company's controlling shareholder is Fudan Microelectronics (SH688385, with a stock price of 58.43 yuan, and a market value of 47.591 billion yuan). At present, Fudan Microelectronics holds 50.29%of Hua Ling's shares.

It is worth mentioning that Fudan Microelectronics is not only the controlling shareholder of Hualing Co., Ltd., but also one of the top five customers of the company. According to the prospectus (draft on the conference), from 2019 to 2021, Fudan Microeelectronics contributed to Hualing's 27.222 million yuan, 23.9357 million yuan and 42.457 million yuan in revenue, accounting for 18.66%and 12.49, respectively. %And 14.93%.

Except for Fudan Microelectronics, including SM688981 (SH688981, the stock price of 4098 yuan, a market value of 323.8 billion yuan), Rockchim (SH603893, the stock price of 94.50 yuan, a market value of 39.438 billion yuan), Jingchen (SH688099, stock price 86.29 yuan, a market value of market value, market value 35.476 billion yuan) is also an important customer of the company.

In terms of performance, from 2019 to 2021, the revenue of Hualing shares was 146 million yuan, 192 million yuan and 284 million yuan, respectively, and net profit attributable to mothers was 37.4149 million yuan, 55.808 million yuan, and 90.124 million yuan, respectively. Essence In the first quarter of 2022, Hualing's revenue realized revenue of 56.725 million yuan, an increase of 6.44%year -on -year. After deducting the non -deductible, net profit was 9.9714 million yuan, an increase of 100.40%year -on -year.

However, many of the profits of Hualing shares come from government subsidies. The prospectus (draft on the conference) shows that from 2019 to 2021, the government's government subsidies included in the current profit and loss were 50.335 million yuan, 34.471 million yuan, and 25.523 million yuan, respectively, accounting for 124.76%and 52.73%of the total profit of the current current profit, respectively. And 24.59%. In recent years, the government subsidies obtained by Hualing Co., Ltd. have declined year by year, and the proportion of total profits has also declined rapidly.

In this IPO, Hualing Co., Ltd. plans to raise 800 million yuan for the industrialization project and R & D center construction of Shanghai Lingang Integrated Circuit Test Circuit. These fundraising projects will meet the development needs of the domestic high-end integrated circuit industry.Inch test line, characteristic packaging research and development platform, create a one -stop, high -quality test service platform and special packaging research and development center.Daily Economic News

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