Two small enterprises fear the volatility of the city Qiqi shares. Hengda raised 420 million yuan Huazi 3151 yuan admission
Market conditions fluctuating unimpeded small and medium-sized new stocks to market in Hong Kong. Today, two new shares began to be offered, namely Henan Neifang Hengda Group (03616) and the mainland port, waterway and offshore engineering company Huazi International Ocean (02258), each raising 420 million Yuan and 320 million yuan, a total of 740 million yuan.
The Hengda Group plans to issue 300 million shares, with an offer price ranging from 1.02 yuan to 1.4 yuan, raising funds of 306 million to 420 million yuan. Among them, 10% of the shares are for public sale. From today to Friday (November 2), the company has a stock of 2,000 shares and an admission fee of 2,828.21 yuan. It is expected to be listed on November 12. Based on the median price of 1.21 yuan per share, the net capital raised is about 304.5 million yuan, of which 70% is used to develop the construction cost of existing projects; about 20% is used for land acquisition and construction costs of potential development projects, and the land reserve is increased; For working capital and other general corporate purposes.
Hengda material shed reform policy impact micro
Hengda introduced the mainland listed company Rebecca (600439.SH) Chairman Zheng Youquan as the cornerstone investor, Zheng will subscribe for shares of 60 million yuan, equivalent to 16.1% to 18.7% of the issued shares, and 4% of the issued shares after the listing To 4.7%, the lock-up period is 6 months.
Li Xiaobing, chairman of Hengda, said that the capital market continued to fluctuate. The listing of the company helped to enhance the brand image and professional management. It is believed that the amount of funds will be sufficient for development. The company focuses on shantytown renovation projects. Although the government’s implementation efforts are expected to decrease, it is believed that the shed reform will continue to be implemented. The company is not affected much.
Liang Jinhui, chief financial officer of Hengda, pointed out that the company’s debt ratio is 340.4%, which can be reduced to less than 200% after the capital is raised. Due to the growth period of business development, it will not deliberately reduce the debt ratio.
Huaziyu Road Commercial Opportunity
Another new share of Huazi International Ocean plans to issue 206 million shares, 90% of which are international placements and 10% of which are public offerings. The offer price is 1.2 yuan to 1.56 yuan per share, raising up to 320 million yuan, 2000 shares per lot, admission fee. 3151.44 yuan, starting today, is expected to be listed on November 19, the exclusive sponsor is Eastern Finance (Hong Kong). 33.9% of the fundraising amount is used for equity investment in small and medium-sized design institutions or R&D centers in ports, waterways and offshore projects; 32.3% is used for capital requirements of existing projects in China and Southeast Asia; 17.6% is for the purchase of new ships and equipment.