Hubei Yinfeng Cotton Submitted To IPO Application

< p > yesterday is the deadline for making IPO financial self-examination report.

As of the evening of May 30th, < a href= "http://www.91se91.com/news/index_p.asp" > IPO financial special inspection less than /a > only 9 enterprises have submitted self-examination reports, and 97 enterprises have submitted applications for termination.

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One of the 97 enterprises that terminated P < < > > Hubei is Yinfeng cotton.

"We just removed materials just this week."

Yesterday, Hubei Yinfeng cotton listing office staff told reporters on the phone.

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< p > up to this point, Hubei intends to queue up to 12 enterprises. In this financial review movement, Hubei has lost 4 enterprises.

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< p > < strong > only 9 submitted a self-report report < /strong > < /p >.

< p > yesterday afternoon, a spokesman for the securities and Futures Commission said that excluding the 9 enterprises that had submitted the self-report, and 97 enterprises that put forward the application for termination, some enterprises did not submit their reports, nor did they take the initiative to apply for termination.

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< p > accordingly, the SFC further extended the time limit for submission of the report to 9 last night.

If there are more than 10 enterprises that eventually submit their own reports, the SFC will choose 10 to spot checks. If there are only 9 now, we will have to check all 9 companies.

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< p > such a high sampling rate obviously has a deterrent effect on < a href= "http://www.91se91.com/news/index_x.asp" > IPO enterprise < /a >.

Hubei Yinfeng cotton is a member of the withdrawal army. It was founded in August 2004 with a registered capital of 107 million yuan.

The company disclosed IPO prospectus in May 17th last year, seeking to land at Shenzhen Stock Exchange.

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< p > up to now, Hubei has broken down IPO enterprises to four, and the remaining three are Xiangyang Boya Seiko Equipment Co., Ltd., Limited by Share Ltd and Hubei dragon Chen Polytron Technologies Inc.

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< p > < strong > IPO restart bad prediction < /strong > /p >

There are 12 enterprises in Hubei queuing up to be listed after "P". After that, when will the 12 companies get rid of IPO barrier lake? < /p >

< p > in fact, the recent rumor about IPO restart has never stopped. Some people in the market expect that from the end of May, some people expect that at the end of June, there are also people who are most likely to end in mid 8 this year. At the same time, there will be a series of new IPO policies aimed at the current market characteristics.

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< p > for this, a securities industry in Wuhan yesterday said that when IPO is restarted, it is hard to predict.

"At present, the stock market is not very prosperous. If we restart the IPO this time, we may have an impact on the stock market, and the timing is not appropriate."

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< p > in the face of IPO suspension, how should enterprises face it?

It is reported that recently, Galaxy Securities has just landed on H-shares, which is a reference for other enterprises. These people believe that the listing of H-shares should be approved by many departments such as the Ministry of Commerce. It is too difficult for many private enterprises to draw lessons from.

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< p > a financial personage in Wuhan suggests that there is uncertainty in IPO at present, and enterprises can choose to include new three boards and other channels.

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< p > < strong > close-up > /strong > /p >

< p > < strong > silencing of Yinfeng cotton, what is the withdrawal form of IPO? < /strong > /p >

The IPO tour of P Yinfeng cotton has been going on for more than a year.

Why is the company withdrawing at this time? "Withdrawal of material is the common decision of the board of directors and executives of the company."

Yesterday, the company listed staff to accept this reporter's interview explained very simply, did not disclose more details.

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< p > > a href= "http://www.91se91.com/news/index_p.asp" > Yinfeng cotton > /a > since May last year issued IPO prospectus, for the company "suspected interest pmission", "asset liability ratio is too high" and other doubts have never been broken.

In response, the company has been silent for a long time.

"Now that the IPO censorship is so strict, if the company is found to have problems, it will be punished very severely."

Yesterday, an analyst in Wuhan said.

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< p > < strong > the Prospectus has attracted numerous queries. < /strong > < /p >

< p > Yinfeng cotton initial public offering prospectus (Draft) shows that the company intends to issue 35 million 750 thousand shares publicly for the purpose of landing at Shenzhen Stock Exchange.

However, its prospectus attracted many questions.

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< p > one is about the free gift of Yinfeng group to 56 natural persons.

Prospectus shows that the natural person shares Dongjiang new school, Cai Yajun, Tu Tongkun, Yan Feng, Yang Xiong, Feng Changyun and others have worked in Yinfeng group or Hubei cotton general company. Among them, Jiang Xin Xue is currently the legal representative of Yinfeng group. Accordingly, the market speculated that the shares donated by Yinfeng cotton were suspected of interest pmission when it was established.

In addition, doubts about the pfer of shares by shareholders of a company are endless.

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< p > "these are the historical problems of enterprises."

The above analysts said that these aspects of the company are indeed suspicious, and now IPO is so strict that if it is not removed, it may be severely punished.

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< p > < strong > IPO, the cost is high. < /strong > /p >

< p > Yinfeng cotton is at the same time, its sponsor broker's livelihood securities are also tough.

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< p > < < a href= > http://www.91se91.com/news/index_cj.asp > > People's livelihood securities > /a > sponsorship. Tian technology was fined for inflated profits. As its sponsor, Minsheng securities was given a warning and fined.

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< p > "generally speaking, the SFC will focus on spot checks of companies that record violations of sponsors."

Yesterday, a broker analyzed.

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< p > according to the general level of the industry, the issuing cost of each IPO enterprise is more than 50 million yuan.

The Yinfeng cotton prospectus shows that in 2011, the company's operating income was 5 billion 55 million yuan, and its net profit was 92 million 18 thousand and 100 yuan.

Obviously, tens of millions of dollars in issuing fees, for Yinfeng cotton is not a small burden.

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