laitimes

The IPO of Xinyang shares was terminated: it was planned to raise 950 million yuan and the Li Jun family controlled 49% of the shares

author:Thunder delivery
The IPO of Xinyang shares was terminated: it was planned to raise 950 million yuan and the Li Jun family controlled 49% of the shares

Lei Jianping on July 1

Jiangsu Xinyang New Materials Co., Ltd. (hereinafter referred to as "Xinyang shares") has recently terminated its IPO and is preparing to be listed on the Science and Technology Innovation Board.

The IPO of Xinyang shares was terminated: it was planned to raise 950 million yuan and the Li Jun family controlled 49% of the shares

Xinyang Co., Ltd. originally planned to raise 950 million yuan, of which 202 million yuan was used for the construction project of the production line of aircraft fuselage structure and related components, 95.6996 million yuan was used for the construction project of radome and related functional composite material production line, 264 million yuan was used for the construction project of the production line of missile core composite material structural parts, 208 million yuan was used for the construction project of the R&D center, and 180 million yuan was used to supplement working capital.

The annual revenue is 660 million

Xinyang Co., Ltd. is committed to the research and development, design, manufacturing and sales of military equipment components and systems in the fields of aviation, aerospace, electronics, ships, etc., mainly providing key components and system integration for large manned special aircraft, large fixed-wing UAVs, fighter jets, missiles, solid fuel launch vehicles, radars, unmanned boats and other equipment. Xinyang Co., Ltd. is also engaged in the research and development, production, sales and related services of epoxy FRP pipes in the field of oilfield exploitation.

The IPO of Xinyang shares was terminated: it was planned to raise 950 million yuan and the Li Jun family controlled 49% of the shares

According to the prospectus, Xinyang's revenue in 2020, 2021, and 2022 will be 291 million yuan, 540 million yuan, and 660 million yuan respectively; net profit was 9.582 million yuan, 54 million yuan and 63.8 million yuan respectively; The net profit after deducting non-profits was -11.5768 million yuan, 49.7087 million yuan and 60.7914 million yuan respectively.

The Li Jun family controls 49% of the shares

As of the signing date of this prospectus, Li Jun directly held 13,076,300 shares of the company, accounting for 24.03% of the company's total share capital, and indirectly controlled 700,000 shares, 650,000 shares and 650,000 shares of the company through Xinyang Dinghui, Xinyang Hangxin and Xinyang Ruitai, accounting for 1.29%, 1.19% and 1.19% of the company's total share capital respectively; Li Lin directly holds 10,534,200 shares of the company, accounting for 19.36% of the total share capital.

Li Jun and Li Lin are brothers, Li Jun's son Li Bangxu and Li Lin's son Li Bangyao directly hold 491,900 shares of the company, accounting for 0.90% of the company's total share capital.

The IPO of Xinyang shares was terminated: it was planned to raise 950 million yuan and the Li Jun family controlled 49% of the shares

Li Jun and Li Lin directly and indirectly have a total of 26,594,200 shares of the company, accounting for 48.87% of the company's total share capital, and during the reporting period, Li Jun served as the chairman and general manager of the company, and Li Lin served as the company's vice chairman and deputy general manager, so Li Jun and Li Lin were the company's joint controlling shareholders and actual controllers.

Li Jun, born in March 1973, served as a technician in Yangzhou Hongxing Knitting Factory from August 1993 to September 1997; From September 1997 to May 2002, he served as the chief of the technical section of Fangxiang Cultural and Educational FRP Factory in Hanjiang County; From June 2002 to September 2015, he successively served as a supervisor, executive director and general manager of Xinyang Co., Ltd.; Since September 2015, he has served as the chairman and general manager of Xinyang Co., Ltd.

Li Lin, born in October 1974, has a bachelor's degree and is an engineer. From August 1994 to December 1995, he served as the office clerk of Hanjiang Yaming Leather Shoe Factory; From January 1996 to September 1997, he served as a clerk in the office of Fangxiang Grain Management Office; From September 1997 to May 2002, he served as a technician of Fangxiang Cultural and Educational FRP Factory in Hanjiang County; From June 2002 to September 2015, he served as the deputy general manager of Xinyang Co., Ltd.; From September 2015 to September 2020, he served as a director and deputy general manager of Xinyang Co., Ltd.; Since September 2020, he has served as the vice chairman and deputy general manager of Xinyang Co., Ltd.

Fusion Fund holds 4.59%, Jiaxing Zizhi holds 3.11%, Changxing Xinhui holds 2.8%, Hubei Baolixin holds 2.39%, Guofa Airlines holds 2.14%, Xiamen Hengying holds 1.84%, Haolan Changjian holds 1.75%, Bao Science holds 1.69%, Cixi Gongxin holds 1.65%, Qingdao Hangcai holds 1.6%, Wang Peng holds 1.38%, Yangzhou Changsheng holds 1.36%, Hefei Xingbang, TISCO Investment holds 1.34% of the shares;

Shanghai Kechuang holds 1.31% of the shares, Xinyang Dinghui and Wanlian Guangsheng hold 1.29% of the shares, Xinyang Ruitai and Xinyang Hangxin hold 1.19% of the shares, Venucia Investment holds 1.1% of the shares, Xu Zhuying holds 1.06% of the shares, Yangzhou Dingyi holds 0.92% of the shares, Li Bangyao and Li Bangxu hold 0.9% of the shares respectively, Hu Yunbo, Cai Waner, Li Bin, Lu Shujun and Yang Lihua hold 0.88% of the shares respectively, and Yangzhou Education Investment and Tianying Herun hold 0.8% of the shares respectively;

The IPO of Xinyang shares was terminated: it was planned to raise 950 million yuan and the Li Jun family controlled 49% of the shares

Dachen Kunpeng No. 1 and Dachen Kunpeng No. 2 hold 0.71% of the shares respectively, Liang Yanhui holds 0.66% of the shares, Wenhe Venture holds 0.65% of the shares, Gu Yanhui holds 0.56% of the shares, Huang Ruiguang holds 0.49% of the shares, Chengdu Yuhua holds 0.46% of the shares, Cen Yan and Shen Xiaofeng hold 0.44% of the shares respectively, and Wang Jialin, Tianying Hefeng and Wang Wei hold 0.43% of the shares respectively.

———————————————

Lei Di was founded by Lei Jianping, a media person, if it is reprinted, please indicate the source.

Li

Read on