Biography IPO Restart Sichuan This Week, There Is No "Over Meeting" Enterprise.

< p > < strong > < a > href= > http://www.91se91.com/news/index_cj.asp > > SFC < /a > recommend not to raise the old stock instead of the old stock. < /strong > /p >

< p > compared with the restart of IPO at the beginning of the year, there will be some changes in the IPO.

Many investment bankers say that companies that have passed the trial have been asked not to be raised, and the price level should not be higher than the average price earnings ratio of the industry, and the sale of the old shares is not allowed in principle.

In addition, some large scale enterprises are also required to reduce the size of the issue.

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< p > < < a href= "http://www.91se91.com/news/index_cj.asp > issuing price > /a >, the regulatory authorities demand that the issue price should not be higher than the industry average price earnings ratio, which is also interpreted by the market as" pricing "from" market pricing "to" window guidance price ".

Some investment bankers said that the issue price will not be determined by the buyer's inquiry price in the future. Only raising funds and underwriting expenses are divided by the total number of shares issued, so the price of new issue can be calculated.

If the calculated issue price is higher than the industry average price earnings ratio, it should be further reduced.

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< p > in fact, since 2009 when the SFC launched the gem, it cancelled the "window guidance" of IPO pricing.

This time, the restrictions on the issue price, the prohibition of the over raising of enterprises and no longer allow the pfer of old shares, plus the total amount of 100 restrictions set by the regulators in the past year, will significantly reduce the scale of IPO fund-raising.

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< p > < strong > > 43 enterprises will have no Sichuan enterprises, < /strong > < /p >.

< p > the application of IPO enterprises published by the SFC in June 5th shows that there are 43 enterprises in the past. Among them, there are 15 enterprises in the main board of Shanghai, and 7 in Shenzhen and 21 in the a href= "gem".

It is worth noting that there are no Sichuan enterprises in the 43 enterprises that have passed.

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< p > it is not easy to get a siege from hundreds of enterprises.

Zhang Xiaojun, a spokesman for the securities and Futures Commission, said earlier that the enterprises that had not completed the pre disclosure before the end of June would terminate the audit and that the enterprises would not immediately arrange the trial meeting immediately.

As of yesterday, the total number of listed companies that have issued pre disclosure Prospectus has reached 455. It is expected that more than 600 enterprises will complete pre disclosure by the end of this month, which directly increases the difficulty of meeting and meeting.

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< p > in the face of the huge stock of IPO enterprises, many Sichuan enterprises have opted out.

In January and March of this year, Sichuan appro broadband and Sichuan dragon Python titanium industry have quit the IPO queue. At the end of May, Limited by Share Ltd, the information technology industry Eleventh Design Research Institute, also chose to take the initiative to "withdraw".

The above enterprises are blocked in the IPO process, and the dragon's titanium industry will be rejected by the issuing Committee in August 2009. The IPO application of the eleven electronic institutes has also encountered a "postponed vote".

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< p > by the end of January this year, the total number of Listed Companies in Sichuan has increased to 92 after the successful landing of the two enterprises in Tianbao and creative information.

According to the total amount of the 100 listed companies during the year, if Chengdu bank and imperial sanitary ware company did not appear in the list before the end of the year, and the audit committee of the SFC would pass the examination smoothly, the enterprises in Sichuan province would be absent from the round.

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