Home enterprises compete for the capital market landing new three board into a shortcut

China Coatings network
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listing is one of the hot topics in the home industry in 2015, IPO, new three boards, financing, annual report ... These words appear more and more frequently in the home circle. What are the happy news of home enterprises in the capital market? How can SMEs gain the favor of capital markets? How do home companies view listing? Home companies listed at their peak on February 17th, Guangzhou Sheraq Creative Home Co., Ltd. was listed on the Shanghai Stock Exchange at a price of 19.57 yuan per share. Haley is the first custom home listed company on the A-share Shanghai Main Board and the second wardrobe company after Sofia's listing. On March 20, Shanghai Quantsu Decoration Group Co., Ltd. was listed on the Shanghai Stock Exchange. According to the announcement, the total amount of funds raised in this issue is 394 million yuan, with a price-to-earnings ratio of 22.97. After five years of preparation, on April 22, Qumei shares officially landed on the Shanghai Stock Exchange and opened at 12.93 yuan, 43.99 percent higher than the issue price of 8.98 yuan. Above the head of the "Beijing furniture first" aura shines. Home stocks trended well recently, a number of home listed companies issued annual reports show that the performance rose by 20% to 40%. Del Home's annual report said the company's net profit last year was 130 million yuan, up 40.28 percent from a year earlier. Sofia released its 2014 annual report on the evening of March 24, 2014, and the company achieved operating income of RMB2,361 million last year, an increase of 32.39 percent over the previous period, while net profit attributable to shareholders of listed companies was RMB327 million, an increase of 33.51 percent over the previous period. On March 24, Daya Technology Co., Ltd. announced its 2014 annual financial results. According to the financial results, Daya Technology achieved revenue of 8.44 billion yuan in 2014, an increase of 3.05 percent over 2013. Among them, The Elephant's 2014 operating income reached 4.3 billion yuan, net profit of nearly 100 million, up 49% from the same period last year. Qumei Home opened the first day immediately up 43.99 percent to 12.93 yuan, the next day closed at 14.22, up 9.98 percent from the opening price of the day. Industry insiders believe that Qumei furniture over the years in the industry has established a good reputation, especially in independent store operations, product independent research and development innovation can be circled. Qumei furniture after the listing performance will be the industry's attention and expectations. The good trend of home stocks, but also let a lot of home enterprises yearning to enter the capital market. On April 2, the Hong Kong Stock Exchange released information on red star Mei Kailong's listing application, but has not disclosed the specific timetable and size of the listing. In addition, tea flower modern household items, multi-favorite home textile Co. , Ltd. has been in line to list. If the new three-board into a shortcut enterprises want to enter the capital market, from the IPO road into the capital market is really difficult. But it's a lot easier to go through the "new three boards" shortcut. People who have a certain understanding of the new three boards know that the new three board listing conditions are simpler than IPOs, the annual output value and profitability of enterprises are not clear requirements, enterprises only need to have the ability to continue operating, survival for 2 years, the main business outstanding high-tech requirements can be. Capital market is now gradually inclined to the home industry, although the current number of household industry enterprises into the new three boards is small, but many enterprises have begun to jump to try. To this end, we see Pano home, good hundred years, Fudley as the representative of the home enterprises began to land on the new three boards. Among them, Pano home also in April in Beijing conducted an offline roadshow, is expected to officially land at the end of this year the new three boards. Listing is a double-edged sword with the rise of the home industry, began to fully enter the capital market investment horizon, capital mergers and acquisitions behavior is bound to be more and more in the home industry. The success story of home enterprise listing in the past two years has prompted home enterprises to go public in piles. In 2014, dozens of companies launched public offerings, but few succeeded.
, there are many problems in the listing, such as the distribution of shareholders' interests is difficult to reconciliation. Post- listing operations will be more standardized, the risk of corporate decision-making errors is reduced, but from the pre-listing "one person in control" to the listing of every major decision must go through the board of directors process, which also leads to conflicts between entrepreneurs and shareholders. On the other hand, the disclosure of financial information of listed companies is also a fatal injury, competitors can directly grasp the lifeblood of enterprises and business secrets. In fact, enterprises to be bigger and stronger certainly not only to list this road, this is a shortcut but not the best. As Zhao Ruihai said after Qumei's listing, "Listing is only one thing in the process of enterprise development, we hope to be responsible for long-term investors, hope that the post-listing work is more robust, can bring more long-term returns." "In short, home enterprises landing in the capital market is a knife-point ballet, beautiful but also dangerous, whether to go long-term, it depends on the enterprise's "hard work."