He Qinghua, chairman of the most volcanic River in

2022-09-19
  • Detail

He Qinghua, chairman of Shanhe intelligence, promised to cover shares for three years

Guide: Shanhe intelligence, the second share in Hunan after the restart of IPO, came good news yesterday. The company's initial application was approved at the examination meeting, and will soon become the second Hunan company to land on the Shenzhen small and medium-sized board after the Nanling civil explosion. In the issuance of Shanhe intelligence, the most interesting thing is its actual controller, director

Shanhe intelligent, the second stock after the restart of the IPO, such as Hunan non-metallic impact testing machine, received good news yesterday. The company's initial application was approved at the issuance and examination meeting, and will soon become the second Hunan company to land on the Shenzhen small and medium-sized board after the Nanling civil explosion

in the issuance of Shanhe intelligent, the most noteworthy is the 36million shares held by its actual controller and chairman Dr. he Qinghua. It can be predicted that after the full circulation issuance and listing, the asset book value of the shares held by he Qinghua will rise significantly. However, according to the new share issuance rules, he Qinghua, as the actual controller, will not list, transfer, entrust others, or be repurchased by the company within three years

as for the expected issuance price of Shanhe intelligent in the future, Ma Chuanjian, the company's secretary, said that it still needs to be determined through the next inquiry, which cannot be disclosed at present

the successful listing of Shanhe intelligent will form a "Golden Triangle" of Hunan shares in the capital market and even the construction machinery sector, and together with Zoomlion and sany, which have been listed, will become representatives of the same sector of Hunan shares. According to the prospectus of Shanhe intelligent, the company predicts that the earnings per share in 2006 will be 0.61 yuan. An investment banker pointed out that the issue pricing of Shanhe intelligent will definitely be affected by the analogy benefit, and will be within the pricing range equivalent to that of Zoomlion and sany

yesterday, Zoomlion closed at 12.74 yuan and sany closed at 17.67 yuan

"at present, the P/E ratios of Sany Heavy Industry and Zoomlion are 15.4 times and 12.8 times respectively. The P/E ratios of Shanhe intelligent should be in this region, so the new EU standard." The above investment bankers said that in the pricing of new shares, the reference to the pricing of other stocks in the same industry is one of the important basis for determining the future issue price of new shares. Considering that Shanhe intelligence will be listed on the small and medium-sized board, the positioning of the small and medium-sized board is generally slightly higher than that of the main board, so the issue pricing of Shanhe intelligence may obtain more premium on this basis in the future

the prospectus of Shanhe intelligent also said that the company's profit available for distribution to shareholders was 74.3668 million yuan on December 31, 2005. According to the resolution of the 2005 annual general meeting of shareholders, before the issuance of new shares, Shanhe intelligent sent 5 shares for every 10 shares and 6.2 yuan in cash for every 10 shares to all shareholders based on the capital stock and equity structure on March 30, 2006. However, the company also said that the remaining undistributed profits after the dividend distribution in 2005 and the accumulated profits from January 1, 2006 to this issue will be shared by the new and old shareholders after the issuance on the traditional racing engine

for future fund-raising purposes, Shanhe intelligent said that it would mainly invest in three aspects: major technological transformation projects of small construction machinery, industrialization projects of open-air hydraulic drilling equipment and computer integrated manufacturing system (CIMS) projects. The total investment scale of the three projects is 250million yuan

"we certainly hope that this offering can raise enough funds for the project." Because of the sensitive period of stock issuance, Ma Chuanjian spoke cautiously

Copyright © 2011 JIN SHI