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    Home > Chemicals Industry > China Chemical > Chemical enterprises grasp the fixed increase of "outlets" to speed up the project layout

    Chemical enterprises grasp the fixed increase of "outlets" to speed up the project layout

    • Last Update: 2022-10-26
    • Source: Internet
    • Author: User
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      Since the beginning of this year, in the capital market, more and more listed companies have raised funds through non-public offering of shares, mainly in the chemical industry
    .
    According to Wind data, as of June 16, 320 A-share listed companies have issued plans for non-public offering of shares, with a total of 543.
    436 billion yuan to be raised

    .
    Among them, there are about 40 chemical-related fund-raising companies, and the total amount of funds to be raised is about 80 billion yuan

    .
    Especially in the past month, listed chemical companies have raised funds intensively

    .

      In the opinion of industry insiders, this move will help relieve the financial pressure of listed companies, attract funds from OTC institutions to enter the market, and provide new tools for listed companies to introduce new strategic shareholders, inject new high-quality assets, and conduct mergers and acquisitions.
    and channels, thereby improving the quality of listed companies

    .

      On May 20, the China Securities Regulatory Commission issued the "Notice on Further Exploiting the Functions of the Capital Market to Support the Accelerated Recovery and Development of Severely Affected Areas and Industries", proposing that companies apply for IPO, listing on the Beijing Stock Exchange, refinancing, mergers and acquisitions, and corporate bonds.
    , asset securitization products and other aspects to increase policy support

    .
    Non-public offering of shares is an important way to help listed companies accelerate their recovery and development

    .

      Subsequently, on May 23, Xinan Co.
    , Ltd.
    disclosed a fixed increase plan, and it planned to raise no more than 1.
    8 billion yuan, of which 1.
    2 billion yuan was invested in the relocation and improvement project of Zhejiang Kaihua Synthetic Materials Co.
    , Ltd.
    , and 300 million yuan was used for 35,600 tons/year.
    For the construction of high-purity polysiloxane project, the remaining 300 million yuan will be used to supplement working capital

    .

      "Maybe many investors will ask, Xin'an's debt ratio is very low and its profitability is very good, why do you need to refinance? I think you need to look farther.
    The worse the external situation, the more companies must consider long-term layout

    .
    "Wu Jianhua, chairman of Xin'an Co.
    , Ltd.
    , took the initiative to mention the topic of fixed increase at the investor exchange meeting

    .

      On May 24, Batian announced that it plans to raise no more than 1.
    4 billion yuan for the production of high-purity phosphoric acid by the nitric acid method and the 50,000-ton/year iron phosphate project

    .

      Batian shares said that through this fixed increase, it will make better use of phosphate rock resources on the basis of the existing fertilizer and chemical industries, accelerate the transformation and upgrading of the phosphorus industry, and form a complete industry of "phosphate rock-phosphoric acid-iron phosphate" chain, and realize the strategic goal of transformation and upgrading to fine phosphorus chemical industry and new energy materials related industries
    .

      On May 31, Hunan Haili issued a non-public offering of shares.
    The total amount of funds to be raised is not more than 700 million yuan, which will be used for 4,000 tons/year of carbaryl and 5,000 tons/year of thiophanate-methyl for Ningxia Haili Technology Co.
    , Ltd.
    series of products,

    etc.

      On June 10, Wanbangda announced that it plans to raise no more than 349 million yuan for the comprehensive utilization project of green circular economy resources in Jilin Chemical Park (Phase I)
    .

      In fact, in the past month, there are listed chemical companies such as Hosun Silicon Industry, General Shareholding, Xinlun New Materials, Baolidi, and Longxing Chemical that participated in the non-public offering of shares
    .

      Among these companies, Hopson Silicon's 7 billion yuan fundraising plan stands out
    .

      "On the one hand, we currently have a lot of projects, and the company needs sufficient working capital; on the other hand, as the production capacity continues to expand, more working capital will be needed
    .
    " The relevant person in charge of Hesheng Silicon said that the main purpose of this refinancing It is to solve the capital gap required for operation and expansion, and it can also reduce the company's asset-liability ratio and improve profitability

    .

      The announcement shows that the 7 billion yuan of funds raised by Hoshine Silicon Industry in this non-public offering were all covered by the company's shareholders and the company's actual controllers, Luo Yi and Luo Yedong
    .
    Among them, Luo Yi and Luo Yedong will subscribe for 3.
    5 billion yuan respectively

    .

      "The participation of controlling shareholders of listed companies in the fixed increase is mainly to provide liquidity to listed companies
    .
    At the same time, it can also show shareholders' confidence in listed companies, play a leading role and release positive signals

    .
    " Pan Helin, co-director and researcher of the Financial Innovation Research Center, said

    .

      On the whole, the raising objects participating in the non-public offering of shares in this round include controlling shareholders, actual controllers and related enterprises
    .
    From the perspective of capital use, it mainly includes acquisition of assets, project financing and replenishment of working capital

    .
    These listed companies take advantage of the credit platform to increase the strength of fixed increase, which is an important channel for quickly obtaining liquidity funds in the short term to invest in emerging business sectors or to carry out mergers and acquisitions to enhance the industry status.
    At the same time, it can also optimize the company's asset-liability structure

    .

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