I. Jiusheng Electric GEM IPO Meeting
Zhitong Finance APP was informed that on March 8/kloc-0, the 202 1 th16th meeting of the GEM Listing Committee announced that Jiusheng Electric Co., Ltd. (referred to as Jiusheng Electric) was approved for the first time. The sponsor institution is China Merchants Securities, which plans to raise 468.36 million yuan after listing. The main issues raised by the GEM meeting to Jiusheng Electric include: (1) Jiusheng Group is the parent company of Jiusheng Electric, and the company, its controlling shareholders, actual controllers, directors, supervisors, senior managers and other key personnel have shares, previous positions, funds and business dealings with Jiusheng Group and its subsidiaries. Please explain whether the company, Jiuli Group and its subordinate enterprises are related parties and whether there is interest transfer. (2) Foreign sales service fees account for a high proportion of the company's sales expenses. Please explain to the company representative whether the commercial rationality of providing sales services through external sales service personnel is in line with industry practice; And the calculation method and distribution method of sales commission and market development fee paid to external sales personnel, and whether the relevant taxes and fees are withheld and remitted according to law.
Second, Jiusheng Electric's initial public offering of shares.
Jiusheng electric (30 1082. SZ) will hold a panoramic roadshow from Monday (202 1,1) 65438 to 17336. Jiusheng Electric is mainly engaged in the research, development, production, sales and service of fire-proof special cables and power cables, and is committed to becoming an industry expert and innovative representative in the field of fire-proof special cables. Jiusheng Electric mainly produces mineral insulated cables, mineral insulated heating cables, low-smoke halogen-free radiation flame-retardant cables, low-smoke halogen-free radiation flame-retardant cables and other safety wires and cables, as well as mineral insulated heating cables and heating elements. This time, 4,046,543.8+0.2353 billion new shares were publicly issued, all of which were new shares, accounting for 25% of the total issued share capital, and the total issued share capital was about 65.438+0.62 billion shares.
To sum up, Jiusheng Electric has become a GEM. According to the 2020 annual report, Jiusheng Electric's main businesses are mineral insulated cables, plastic insulated cables, inorganic mineral insulated metal sheathed cables, power cables and other businesses, accounting for 36.24%, 24.52%, 23.26%, 65,438+065,438+0.83% and 2.63% of the revenue respectively.