In an interview with reporters, Lu Binbin, the tactical analyst of Hang Seng Hengsheng New Third Board, said in an interview with the reporter that under the current policy background, it is recommended that the new three-plate high-quality innovative enterprises with the willingness to IPO do capital planning, seize the favorable time window, and seek capital market demand. self development.
According to the statistics of the Guangzheng Hengsheng New Third Board Research Team, among the 58 companies that participated in the first half of this year, 13 companies came from the New Third Board, accounting for 22.41%. In the first half of the year, the IPO meeting rate of the new three board companies was 52%.
At the end of last year and the first quarter of this year, there have been cases in which the new three-board enterprises have withdrawn their IPO applications. According to the reporter, in the early days, the new three-board enterprises completed fewer IPOs, and they experienced a long time since the second half of 2015. The A-share IPO stagnation period for the first half of the year, until the IPO was normalized in the fourth quarter of 2016, the new three-board enterprises formed an IPO boom, and then experienced a withdrawal tide, experienced the ups and downs of the number of IPOs.
One of the reasons for the formation of the withdrawal of the New Third Board enterprises is the review of 'three types of shareholders' (asset management plan, trust plan and fund products). On May 15 this year, the CSRC issued a review meeting and approved the adoption of the new three-board enterprise Chain. Hairong cold chain carries 'three types of shareholders' Shaoguan IPO success, and Wencan shares, core energy technology carrying 'three types of shareholders' successful meeting, re-validation and sitting with transparent 'three types of shareholders' to the new three board enterprises Shaoguan IPO does not constitute a substantial obstacle.
Guangzhen Hengsheng has calculated the net profit of 51 new three-board enterprises belonging to the parent company in 2017. Only one new three-board enterprise has a net profit of less than 30 million yuan; 24 new three-board enterprises have a net profit of 50 million yuan to 1 In the range of 100 million yuan, the proportion is 47.06%; in addition, 15 companies have net profit of more than 100 million yuan, of which, the net profit of Zhongke Soft has reached 233 million yuan.
'The number of A-share IPO companies under review is declining, the efficiency of auditing is improving, and the trend of the state encouraging high-quality innovative enterprises to land in A-shares will continue. Therefore, the IPO environment in the short to medium term is conducive to high-quality innovative enterprises to land in A-shares. ' Lu Binbin said that considering the review The short-term rebound of the cross-market premium brought by the slowdown and the long-term downward trend of the cross-market premium under the registration system are expected. It is recommended that the IPO's new three-plate high-quality innovative enterprises do capital planning, seize the favorable window period, and leverage the capital market. Seek their own development.