In the past week,News Express the listing applications of Haogang Heavy Industry and Taihu Yuanda have been accepted by the North Stock Exchange. Both companies are national-level "little giants"-enterprises. So far, in November, a total of six state-level "little giant" enterprises joined the acceptance team of the North Exchange.
The "reserve army" of the North Exchange has continued to expand. From the perspective of performance scale, many companies have made profits of over 100 million yuan. Market participants pointed out that with the improvement of the listing efficiency of the North Exchange, a number of high-quality enterprises are expected to list on the North Exchange quickly.
State-level "little giant" enterprises rushed to the North Exchange intensively.
The attractiveness of the North Exchange has increased, and state-level specialized and new "little giant" enterprises have intensively gone to the North Exchange for listing.
Haogang Heavy Industry's application for listing on the North Stock Exchange has been accepted, and the company is a national-level "little giant" enterprise recognized by the Ministry of Industry and Information Technology. According to reports, the company is a specialized forging enterprise integrating R&D, production, sales and after-sales service of die forgings. Its main products are forging parts used in coal mine machinery and equipment, including scraper conveyor forgings (including scraper forgings and loader forgings), hydraulic support forgings, roadheader forgings, shearer forgings, etc., and involve the production of other forgings and non-forged coal mine machinery and equipment parts.
The performance of Haogang Heavy Industry has continued to grow in recent years, and the profit scale is very good: the company achieved revenue of 416 million yuan in 2022, up 15% year-on-year, net profit exceeded 100 million yuan, and net profit after deduction was 112 million yuan, up 19% year-on-year; The company's revenue in the first half of 2023 has exceeded 200 million yuan, and its net profit has exceeded 56 million yuan.
Taihu Yuanda's listing application has also been accepted by Beijing Stock Exchange, and the company is also a national-level "little giant" enterprise specializing in novelty. The company is an enterprise integrating R&D, manufacturing, sales and service of polymer materials for environmental protection cables. The main products are "Taihu Yuanda" brand silane crosslinked polyethylene cable materials, chemically crosslinked polyethylene cable materials, low-smoke halogen-free cable materials, semi-conductive internal and external shielding materials and other special product series for cables. The company can also develop polymer materials with special properties according to customer requirements.
Taihu Yuanda's performance has also maintained growth in recent years. In 2022, its revenue was nearly 1.4 billion yuan, a year-on-year increase of 30%, its net profit was 61.09 million yuan, and its net profit after deduction was 59.2 million yuan, a year-on-year increase of 32%. In the first half of this year, the company's revenue exceeded 700 million yuan and its net profit was 36.54 million yuan.
So far, in November, a total of nine companies were listed and accepted by the Beijing Stock Exchange, among which six companies, Wanda Bearing, Dapeng Industry, Weicheng Technology, Millennium Dragon Fiber, Haogang Heavy Industry and Taihu Yuanda, were national-level "Little Giant" enterprises specializing in specialty and novelty, accounting for 67%.
Beijing Stock Exchange attaches great importance to the cultivation of specialized and innovative enterprises. At present, among the 233 listed companies in Beijing Stock Exchange, 117 are state-level specialized and innovative "little giant" enterprises, accounting for slightly over 50%; More than 80% of the companies were selected into the list of provincial and municipal specialized and special new enterprises.
It is worth mentioning that many of these nine companies listed on the New Third Board soon. Among them, Wanda Bearing is the first reporting enterprise that has been listed on the New Third Board for less than one year; Kyushu Fengshen is currently the fastest enterprise accepted by the North Exchange, and the company has been listed on the New Third Board for more than 8 months. Five companies, namely Dapeng Industry, Weicheng Technology, Millennium Dragon Fiber, Haogang Heavy Industry and Taihu Yuanda, have been listed on the New Third Board for more than a year.
The "reserve army" continued to expand.
The "reserve army" of the North Exchange continued to expand, and a number of new three-board enterprises accelerated their sprint to the North Exchange. Five companies, Dingxin Technology, Zhuhai Hongrui, Niesheng Technology, Minshan Huaneng and Development Technology, respectively announced that they have completed the listing counseling and acceptance of the North Exchange, which means that these companies are expected to declare their listing in the near future.
At the same time, a number of companies started the IPO of the North Stock Exchange, and innovative enterprises such as Ocean Parking started the listing counseling of the North Stock Exchange. Enterprises that are still at the basic level, such as Rongpeng, Hongyuan, Huajiang Technology and North Chuangxin, also started the listing counseling of the North Stock Exchange, and many of them have been listed on the New Third Board for less than one year.
The industry believes that shortening the waiting time for listing on the North Stock Exchange and improving the efficiency of listing will attract more high-quality enterprises to list on the North Stock Exchange. According to some market participants, a number of high-quality enterprises are already planning to list on the North Stock Exchange, including some enterprises that have "diverted" from the Shanghai and Shenzhen markets.
Some companies that plan to list the New Third Board have a bright profit scale. Zhejiang Huajian Intelligent Equipment Co., Ltd.' s application for listing on the New Third Board has been accepted by the National Stock Transfer Company, which had a Shanghai and Shenzhen IPO plan.
Zhejiang Huajian submitted the application documents for initial public offering and listing on the main board to the Shanghai Stock Exchange in April 2022. Later, in February 2023, the company applied to withdraw the initial application documents, and the review was terminated. The management of the company adjusted the expected listing date according to the future listing plan, and it is expected that the company will complete the listing in May 2027.
Zhejiang Huajian is a state-level specialized and innovative key "Little Giant"-enterprise, the third batch of specialized and innovative "Little Giant" cultivated by the Ministry of Industry and Information Technology and the "Invisible Champion" cultivated by Zhejiang Province. In terms of performance, the company's profit scale is quite eye-catching: in 2022, the revenue was 246 million yuan, the net profit exceeded 120 million yuan, and the net profit after deduction was 117 million yuan; In the first five months of 2023, the net profit exceeded 23 million yuan.
Shanghai Huige Environmental Protection Technology Group Co., Ltd. achieved a revenue of 246 million yuan in 2022, a net profit of 36.37 million yuan, and a net profit of 23.03 million yuan after deduction; In the first eight months of 2023, the company's revenue has exceeded 370 million yuan, its net profit has exceeded 93 million yuan, and its net profit after deduction is 92.82 million yuan.
Qingdao Angbili Industrial Co., Ltd. will go through the "green channel" from the fourth board to the third board. According to the company's application draft, on November 27th, 2023, Qingdao Blue Ocean Equity Exchange Center Co., Ltd. issued a certificate, approving the selection of Anbili into the center's green channel cultivation library, and it has entered the center's "specialized and innovative" special board (cultivation layer) for cultivation. The company's profit in 2022 is nearly 40 million yuan.
On August 4th, the National Stock Transfer Company issued "Guidelines for the Public Transfer and Listing Review of National Small and Medium-sized Enterprises' Share Transfer System-Application and Review of Innovative Enterprises in Regional Equity Market (Trial)", which clarified two convenient mechanisms for four-board enterprises to apply for listing on the New Third Board, and provided a richer and more convenient path for innovative enterprises represented by specialization and novelty to enter the capital market. The first is to open a green channel. For the four types of enterprises listed on the fourth board, such as specialized and innovative small and medium-sized enterprises, specialized and innovative "little giant" enterprises, single champion enterprises in manufacturing industry, and "specialized and innovative" special board cultivation enterprises, the "fast track" of audit was opened, and special support measures such as pre-declaration consultation, priority acceptance and rapid audit were provided to improve the efficiency of enterprise declaration and listing. The second is to implement public audit. For the high-quality enterprises such as the "Little Giant" and the single champion of manufacturing industry cultivated by the "Specialization and Innovation" special board, 20 natural days will be publicized in the official website Special Zone of the National Stock Transfer Company. Those who have not received any objection during the publicity period can be listed without issuing an audit inquiry, and the listing review procedures of related enterprises will be simplified by introducing a market supervision mechanism.