All Living Beings Of Science And Technology Innovation Board In One Hundred Days: 166 "Test Chasers" Are Mixed

In October 29th, it was the 100th day of the opening of Ke Chuang board.

Within a hundred days, the "chuangchuangban" has created many "first" records: in June 14th, Hua Xingyuan, Chuang and Rui chuangna 2 enterprises, which were the first to get the first registration results, had only 1 days to apply for registration from the application for registration to the SFC. It was called "speed" of the "chuangchuang board". In contrast, the Heng Heng Ka Xin, which was held in July 11th, became the first example of the registration of the science and technology board. In September 27th, the first "share of the same rights" enterprise in the science and technology board also appeared, and it was submitted to the registrations in October 8th. It would become the first A share listed company with the same rights and shares. In this "

As of October 28th, 166 enterprises listed on the application of the science and technology board were accepted, and the number of listed companies has increased to 36.

The fastest 2 companies registered

The fastest way to get the "pass" of the science and technology board is Hua Xingyuan Chuang and Rui chuangna 2 enterprises.

In the evening of June 14th, Hua Xingyuan and Chuang Chuang made 2 enterprises in the first public offering stock registration of CB, which was approved by the SFC.

All 2 were the enterprises that were passed by the second review conference of the board of science and technology board in June 11th, and they were "submitted for registration" in June 13th. That is to say, the SFC has fulfilled the registration procedure for only 1 days, which fully reflects the "speed of science creation board".

In this regard, a private person pointed out that "Hua Xingyuan Chuang, Rui Chong micro and nano for the second batches of science and Technology Board will be the first batch of enterprises, but earlier than the first batch of applications submitted by the micro core bio, security microelectronics, weather quasi science and technology three enterprises have been registered, in addition to the performance is indeed outstanding, and may also be related to its high efficiency reply inquiries."

Judging from the texture, Hua Xingyuan Chuang and Rui chuangnina net profit in 2018 were more than 100 million yuan, of which Hua Xingyuan's entrepreneurial performance was quite brilliant, while Rui chuangnina "Ke Chuang" had strong attributes, and the R & D investment accounted for over 15% in the past three years.

Specifically, Huaxing yuan was founded in June 2005, mainly engaged in flat panel display and integrated circuit detection equipment research and development, production and sales, the main products used in LCD and OLED flat panel display, integrated circuits, automotive electronics and other industries.

Hua Xingyuan has a luxurious customer lineup, including well-known apple, Samsung, LG, SHARP, BOE and other famous manufacturers.

In 2016 -2018, Hua Xingyuan's revenue was 520 million yuan, 1 billion 370 million yuan and 1 billion 10 million yuan respectively, and the net profit was 180 million yuan, 210 million yuan and 240 million yuan respectively. The proportion of R & D investment was 9.25%, 6.83% and 13.78% respectively.

From March 27th, Hua Xingyuan's application for the creation of the GEM board was accepted by the Shanghai Stock Exchange. In April 9th, it entered the inquiry. In June 11th, it was registered. In June 14th, it received 3 rounds of inquiries, which took only 83 days.

Moreover, it is worth mentioning that since the opening of the science and technology board, Hua Xingyuan has established the real control of Chen Wenyuan and Jess Zhang. After the issuance, Chen Wenyuan's personal shareholding ratio is as high as 74.24%. At present, the stock market value is about 13 billion yuan.

Another Rui chuangna, who applied for the materials in March 22nd, received a round of rounds, two rounds and three rounds of inquiries in April 23rd, May 16th and May 24th. In May 31st, a round of reply and a two round of reply were amended.

The company, founded in 2009, has been focused on the research and development of infrared thermal imaging technology and products, and is mainly engaged in R & D, production and sales of infrared MEMS chips, detectors, movement and whole machine.

In 2016 -2018, the actual revenues were 60 million 250 thousand yuan, 160 million yuan and 380 million yuan respectively, with net profit of 9 million 720 thousand yuan, 64 million 350 thousand yuan and 130 million yuan respectively. It should be noted that in the past 2016-2018 years, the R & D investment of Rui chuangna was 29.78%, 17.18% and 16.94% respectively.

Will the first share of the same shares be born?

In the 166 enterprises that have been accepted for the application of the science and technology board, they have become the first "shares of different rights" enterprises that have been accepted by the company.

The domestic public cloud "unicorn" was successfully accepted by the Shanghai Stock Exchange in April 1st. It became the first company to choose the "different rights" standard to apply for the scientific creation board. At the same time, it chose the highest standard of market value (the market value is 5 billion yuan, and the income is 500 million yuan).

In September 27th, excellence was engraved on the board of Municipal Committee of science and technology, and submitted for registration in October 8th.

This means that if the final success is listed, A shares will be born with the first share of the same shares and different rights.

It was founded in 2012 and is currently the largest neutral third party cloud computing provider in China. It has independently developed and provided basic resources and IT architecture products such as computing, networking and storage. Its main business comes from public cloud services.

In the first half of 2018, Market Research Institute IDC released public cloud market share data, which accounted for 4.8% of China's Gong Youyun laaS market, ranking sixth, ranking Ali cloud, Tencent cloud, China Telecom, AWS, Jinshan cloud after.

Since 2016, 7 rounds of external financing have been carried out. After the latest financing, the shareholding ratio of three real controllers Ji Xinhua, Mo Xianfeng and Hua Kun has been greatly reduced to 26.82%.

If the public stock issued under the prospectus announcement is not less than 21.56%, the shareholding ratio of the controlling shareholder will be diluted to 22.06%, and the risk of company control will be sidelined.

Against this background, in March 2019, the first provisional shareholders' meeting in 2019 was convened, and a special voting share scheme was decided.

In the arrangement, Ji Xinhua, Mo Xianfeng and Hua Kun hold 5 class B shares (excluding the number of shares issued by the allotment option), and the three real controllers will have 20.12% of the total shares and 55.75% of the voting rights after the issue is issued. They will firmly control the company's control.

"Fail to take the exam"

Of course, many of the "candidates" are both happy and sad.

In October 23rd, the securities and Futures Commission decided to terminate the registration process for the space issuance of the century, and became the "Chuang Chuang" enterprise in the registration process after the third meeting.

As one of the first batch of enterprises to submit an application for listing, after receiving the application for listing materials in March 27th, century space went through five rounds of inquiries, and successfully entered the municipal Party committee in June 28th.

Even though the space of the century is over, the registration application will be submitted the next day (June 29th), but it has yet to receive feedback. It is understood that shortly after the registration application was submitted at the end of June, the space between the century and Li Yuan Heng was selected for on-site inspection by the SFC. By the middle of August, there had been news that the SFC found financial problems in the IPO manuscript of century space, and its registration application was facing risks.

Li Yuan Heng, who submitted the registration application in June 27th, was informed by the SFC in October 16th evening that the registration procedure was terminated. However, Li Yuan Heng's termination of registration was due to the "initiative to withdraw the registration application document", which made the market in an uproar.

It is worth mentioning that Li Yuan Heng was first affected by the investigation by the accounting firm in the middle of the Pearl River, and was suspended for a short time.

Earlier in August 27th, Heng An Jiaxin became the first sample of CIC, but it was decided by the SFC that it would not be registered.

Heng An Jiaxin's listing application was accepted by the Shanghai Stock Exchange as early as April 3, 2019. After that, it went through a full four rounds of audit inquiry and finally succeeded in July 11th. But who thought, after a hundred days of experience, it is the result waiting for it.

The reasons for the disapproval of registration are mainly the two major problems found by the SFC in reviewing the application of Heng An Jia Xin listing: the lack of internal control in the special accounting process, and the early correction of accounting errors.

In this regard, an investment bank in Shanghai told the twenty-first Century economic news reporter, "the company's accounting method is too arbitrary, unauthorized adjustment of major contract confirmation period is the key problem."

In addition, according to the official website of the Shanghai Stock Exchange, at present, 13 enterprises have terminated the examination since the opening of the science and technology board, and 11 of them have withdrawn their applications voluntarily, accounting for 84.6%.