SF plastic investment company to go to IPO

First, a total increase of green bonds of 400 million yuan will be covered. This project is very valuable

On the evening of November 27, Tree Industry Environmental Protection announced that in order to broaden the financing channels, the company intends to issue green bonds with a planned financing scale of 200 million yuan, a nominal value of bonds of 100 yuan and a bond term of 3 years. One of the 120 million yuan will be used for the optical grade BOPET film production line project and the remaining no more than 80 million yuan will be used to replenish working capital, which is the first green bond issuance in the history of the New Third Board.

Green bonds are any bond instruments that specifically fund the proceeds of eligible green projects or refinance of these projects.Compared with ordinary bonds, green bonds are subject to the "Just before Trial" policy and have a higher interest rate Low and wider use of funds raised etc. On January 13, 2016, the National Development and Reform Commission issued the Guidance on the Issuance of Green Bonds (the Guidance), defining the project scope and supporting key points of the green corporate bonds, aiming at a positive We will give full play to the role of corporate bond financing in promoting energy conservation and emission reduction, addressing prominent environmental issues, tackling climate change and developing energy-saving and environmental protection industries.

However, I am afraid 200 million green debt can not satisfy the tree industry's environmental appetite, at the same time, tree industry environmental protection has released the first fixed increase program in 2017, intends to not higher than 7.25 yuan / share price, the issue of shares is not Over 26 million shares will be raised and 189 million will be raised. The funds raised this time will also be used for the investment in the optical grade BOPET film production line project and the company's R & D investment to expand the market share and scale of operation and promote the sustainable and healthy development of the company.

Second, two innovative layers, clung to the courier industry thirties earned half a million

Tree Industry Environmental Protection was established in December 1995 and listed on the 3rd New Board in January 2014. The company is committed to the international operation in R & D and application of environmental technologies and the packaging industry, focusing on the research, development and application of functional films and environmental protection packaging materials. The products are: heat-covered iron film series, anti-infrared, UV film series, white film matt film series and other film products, as well as biodegradable courier bags, all kinds of environmentally friendly industrial packaging products and green shopping bags series. Ester bleaching recovery process, functional film production process, a number of biodegradable enzymes and a number of independent patented technologies, has gradually formed a 'polyester waste film recycling - raw material extraction - a new film production' closed loop recycling industry chain .

In the area of ​​polyester film, the Company mainly sells film products to enterprises such as downstream building materials, coating and packaging through the mode of directed production, and the implementation of the membrane to membrane recycling project extends the company to the upstream of the original industrial chain and gradually Polyester waste recycling to replace the original petrochemical extraction, effectively reduce the cost of raw materials and price fluctuations, improve product profit margins.

Green shopping bags: The company mainly through wholesalers, traders and other channels for large domestic and foreign enterprises such as: Carrefour, Tesco, miss food, Shineway Group, Mengniu, Cody Dairy (002770), Master Kong, plus more terminals Customers to provide quality and cheap shopping bags and environmentally friendly environmentally friendly packaging solutions.

Biodegradable courier bags: On the one hand the company actively involved in logistics, courier companies bid for a unified market, on the other hand with the National Express from business outlets for business cooperation, two-wheel drive business development.

In May 2015, Shuye Environmental Protection changed the mode of transaction from agreement transfer to market making transfer so far, and the performance of the Company has increased significantly since the listing of the new three board, with revenue of 447 million yuan, 567 million yuan and 681 million yuan respectively from 2014 to 2016; Achieving net profit of RMB32,111,100, RMB48,464,900 and RMB74,256,400, respectively, and its excellent performance and good growth, Tree Tree Environmental Protection successfully selected the 2016 Third Innovation Platform and re-selected Innovation Layer in 2017.

With the rapid development of e-commerce and online shopping, China's express delivery industry ushered in rapid growth in 2016. China's express delivery business reached 31.28 billion in 2016. In the first half of this year, the express delivery business reached 17.4 billion, an increase of 31.4% over the same period of the previous year, The growth rate has slowed down but remained at a relatively high level, while the courier bag is an important part of the logistics industry. Shue Environment launched the 'Biodegradable Courier Bag Project' in 2016 and completed the first phase of construction.

The first half of 2017, the company achieved operating income of 356 million yuan, an increase of 6.98%, net profit attributable to equity holders of 39.5111 million yuan, an increase of 2.20%. During the reporting period, the company achieved with Yuantong Express, STO, Rhyme Express and other express packaging products supply qualification and supply contracts, green packaging products operating income of 119 million yuan, an increase of 65.86%, according to the annual report, mainly in environmental packaging products, including logistics bags, courier bags and other performance increased rapidly .

Third, the top ten shareholders now listed company figure, SF, tee all in

According to public information, Xing Hui Entertainment (300043), the third largest shareholder of the Company, is a listed company on the GEM with 22.42 million shares, accounting for 10.01% of the total share capital. The listed company Xinghui Entertainment is a research and development, production and Sales of the company, mainly engaged in the operation of electric toy cars and plastic toys, and car business.At the same time, Star Entertainment also shares another new board of three companies Jane Simple Group (834 498).

Tree Industry's fourth-largest shareholder of bee network investment holding 1318 shares, accounting for 5.89%; It is noteworthy that the bee network investment by SF, Zhongtong, rhyme, Shen Tong, Yuantong joint investment platform set up.

Since the listing of the new three board, tree industry environmental protection has been completed three times the stock was fixed, the issue price was 7.5 yuan / share, 13.5 yuan / share, 14 yuan / share, fundraising amounts were 56.16 million yuan, 234 million yuan, 168 million Yuan, a total of 458 million yuan.

Fourth, cancel the equity incentive for the IPO, to change the broker to dream A shares

In October 2016, ShuYe Environmental signed a listing counseling agreement with GF Securities and terminated the counseling agreement on June 30, 2017. ShuYeKail signed a listing counseling agreement with China Merchants Securities on July 28, 2017. China Merchants Securities submitted the counseling and filing materials to Guangdong Securities Regulatory Bureau on August 4, 2017, and Guangdong Securities Regulatory Bureau formally accepted the case on August 4, 2017.

It is worth mentioning that the tree industry environmental protection shareholders meeting on August 19, 2016 considered and adopted the << on the first option of the stock options incentive plan exercise >> << Tree Industry Environmental Protection Technology Co., Ltd. the first phase of equity incentive shares Distribution Plan "and other proposals, proposed to the company's directors, supervisors, senior management and core staff, etc. granted a total of 2 million shares of stock options.

But finally canceled the program, tree industry environmental protection explained that, in view of the company has entered the initial public offering of shares and the listing of the counseling period, in order to promote the relevant issues to ensure that companies submit the application documents before the stock ownership is clear to meet the regulatory requirements of the audit, the company After careful consideration, decided to cancel the company's stock option incentive plan and the first issue of equity incentive stock issue.In addition, the company will be based on the relevant provisions, continue to study the possibility of introducing other effective incentives.

2016 GoodChinaBrand | ICP: 12011751 | China Exports