Is Kai Nuo Science and Technology IPO or backdoor listing?

It is a backdoor listing.

Blue Ocean House completed the backdoor listing of Kai Nuo Science and Technology. Kai Nuo Science and Technology announced on April 1 1 2004 that the company name was changed to "Blue Ocean House Co., Ltd.".

Upon the application of the company and the approval of the Shanghai Stock Exchange, the short name of the company's securities was changed from April 1 1 and 2065438 from "Kai Nuo Science and Technology" to "Blue Ocean House", and the stock code "600398" remained unchanged. Blue Ocean House officially landed in the A-share market. As of April, the total market value of 10 was close to 45 billion yuan.

According to the institutional research report, the future performance increment of Blue Ocean House will come from the increase of penetration rate in non-East China. Judging from the main assumptions of Blue Ocean House's revenue forecast in the backdoor scheme, the company's "ceiling" forecast of the number of stores is conservative, and there is still room for incremental profit forecast.

Extended data:

Buyers through backdoor listing mainly have the following benefits:

1. More flexible requirements for listed assets.

For some companies interested in listing, because their assets have not yet fully met the new listing requirements in the listing rules, in this case, companies interested in listing can achieve the purpose of listing in a short time by acquiring a listed company without waiting for a long time to make their assets meet the requirements in the listing rules of the Stock Exchange.

2. Save preparation work and time.

If the listing by buying a shell does not involve changing the company's main business or injecting a lot of assets into the listed company, the acquirer can avoid doing a lot of work related to the application for listing, including three-year accounting report, evaluation report, reorganization, preparation of prospectus and profit forecast. Compared with direct application for listing, acquisition and listing can save several months of preparation and execution time.

3. Reduce the cost of intermediaries.

Because the workload and time involved in the acquisition and listing are less than those involved in the direct application for listing, the fees generally paid to intermediaries are relatively small. However, it should be noted that when the stock market is in a downturn, the premium to be paid by listed companies is relatively low.

People's Network-Blue Ocean House Backed by Kai Nuo Science and Technology? Officially appeared in the A-share market.

Baidu Encyclopedia-Buying Shell and Listing