Guandian Defense Intention Science And Technology Innovation Board Selection Layer The First Company To Be Transferred To The Board

The first company to be transformed into board was born.

On the evening of August 11, Guandian defense (832317) issued the first relevant announcement of listing on the stock exchange. The board of directors of the company deliberated and passed the proposal on the company's application for listing on the science and Technology Innovation Board of Shanghai Stock Exchange. As a result, Guandian defense has become the first selected company planning to transfer to the board and to be listed on the science and technology innovation board.

Boosted by the news, the opening price of Guandian defense rose 25% on August 12, and then continued to fluctuate and maintain at this level. As of the midday close of the same day, Guandian defense shares rose 23.63% to 18.16 yuan / share.

As for the listing on the board of directors, Guandian defense pointed out in the announcement that the company's plan to apply for the termination of listing in the national small and medium-sized enterprise stock transfer system still needs to obtain the approval of listing on the board of directors as the effective condition. As of the disclosure date of the resolution of the board of directors, the termination of listing has not yet taken effect.

Zhou Yunnan, founder of Beijing Nanshan Investment Co., Ltd., believes that the first official stocks of listed companies have finally fallen into Guandian defense industry, which marks that the listed companies have officially entered the practical procedures, fulfilled the market expectations, stabilized the market confidence, promoted the follow-up power of the follow-up companies, and will certainly stimulate the enthusiasm of the secondary market of concept stocks listed on the board. According to the listing method of Shanghai Stock Exchange, Guandian defense may submit an application for listing on the stock exchange in September. If everything goes well, it is expected to be listed on the science and technology innovation board within this year.

Zhang Keliang, general manager of Yintai securities's stock transfer business department, said bluntly in the wechat circle of friends, "this marks the official launch of the board transfer, and Guandian defense has fired the first shot in the transfer board listing."

In the view of industry insiders, it is an exciting time for Guandian defense officials to promote the transfer of science and technology innovation board to the new third board. From then on, the time for the new three board to be free to switch to the board is not far away.

Guandian defense became the first selected company planning to transfer to the board and to be listed on the science and technology innovation board. Visual China

UAV service providers seek to be listed on the board

"I didn't expect that the first one was Guandian, and I didn't expect that some enterprises would start to apply for transfer board so soon." Private funds who have invested in the new third board said that previously, it was predicted that the news of the selected layer transfer board would be released simultaneously with the release of the semi annual report of relevant stocks, "so the focus is on the companies whose annual report disclosure period is relatively higher, and it is expected to be in late August.".

According to the public information, Guandian defense is a UAV service provider, and also the first enterprise in China to engage in UAV anti drug product development and service industrialization. The company has formed core technologies and products with independent intellectual property rights in UAV complete machine, single technology and industrial application, covering the whole industrial chain of UAV design, development, production, application and service. At present, Guandian defense business is divided into UAV flight service and data processing and UAV system and intelligent defense equipment.

As the first batch of enterprises to be listed on the selective level, Guandian defense has already had the conditions to be listed in the selected layer for more than one year by July 27 this year, and has obtained the opportunity to apply for listing on the selective board.

In the announcement released on August 11, Guandian defense has proved in detail that the company has the conditions to apply for listing on the science and technology innovation board.

Specifically, as of the day before the announcement of the resolution of the board of directors, the total capital stock of Guandian defense was 2375.1 million yuan, and the number of shareholders was 18258. The shares of the company held by the public shareholders reached 47.30% of the total number of shares of the company, and the company had no voting rights difference arrangement. As of 60 trading days before the announcement date of the board of directors' deliberation and approval of the relevant matters of listing on the board of directors (excluding the day of suspension of trading), the cumulative trading volume of the company's stocks realized through selective layer bidding was 40.3843 million shares (excluding block trading). These are in line with the Shanghai and Shenzhen Stock Exchange announced several basic conditions for listing on the board.

In addition to the rigid requirements and the above indicators for the selective layer to be listed for one year, the listing of enterprises on the gem should also meet the issuance conditions of the science and technology innovation board or the gem.

Guandian Defense announced that the company intends to apply for listing on the science and technology innovation board by adopting the first set of listing standards that "the estimated market value is not less than 1 billion yuan, the net profit in the last two years is positive and the accumulated net profit is not less than 50 million yuan, or the estimated market value is not less than 1 billion yuan, the net profit in the latest year is positive and the operating revenue is not less than 100 million yuan".

After comparing the data, it can be found that the net profit of Guandian defense in the past two years (deducting the lower one) is 53.46 million yuan and 41.7 million yuan respectively, totaling 95.16 million yuan. The company's R & D investment in the last three years was 9.19 million yuan, 17.58 million yuan and 20.10 million yuan, respectively, accounting for 8.80%, 12.05% and 11.18% of the operating revenue. Meet the first set of listing standards of the science and technology innovation board.

Peng RuoHeng, an analyst at Guoxin Securities's new third board, pointed out in the research paper that Guandian's defense business is both stable and flexible, and can be transferred to the board. The core anti drug service of the company has strong profitability and large space for expansion, while the overall rapid development of industrial UAV industry is expected to drive the stable and rapid growth of other businesses, and the military industry business has high flexibility“ Combined with absolute valuation and relative valuation, the potential reasonable valuation of the company after listing on the board is 20.52-21.62 yuan, which has 48% - 56% premium space relative to the current price of the company. "

The concept of listing on the board

As for the selected layer, the first listing announcement of the selected layer by Guandian defense also significantly boosted the market sentiment.

Judging from the market situation of the selective layer on August 12, as of the midday closing of the day, 56 of the 60 selected layer listed companies realized the rise. In addition to Guandian defense, which rose 23.63% in the half day, shared technology also rose by 10.69% at noon. The rest such as Fujita, Longzhu technology, Yongshun biology, Hanbo hi tech, Airong software, Jianbang shares, Datang pharmaceutical, Qiuguan cable and Lude medical also increased by more than 5%.

In fact, in the first three trading days of this week, there has been a change in the secondary market share price of the selected layer. In this regard, Zhou Yunnan called it "the undercurrent surge before the outbreak of the board of listed stocks". In his opinion, Guandian defense released the first listing announcement of the selected layer to board listing, which means that the selective layer to board listing has officially entered the practical procedure, fulfilled the market expectations, stabilized the market confidence, promoted the follow-up power of the follow-up companies, and will certainly stimulate the enthusiasm of the secondary market of the concept stocks listed on the transfer board.

According to Zhou Yunnan, the first batch of latecomers will include Yongshun biology, taixiang shares, Lude medical, spherical cap cable, golden years, Hanbo hi tech, Longzhu technology, Tongxiang technology, xin'anjie, micro invasive optoelectronics, Fujida, Chuangyuan instruments, etc.

Previously, the Shanghai and Shenzhen stock exchanges all said that the examination time limit for listing on the stock exchange was shortened from three months for initial public offering to two months, and the validity period of the decision was shortened to six months. In terms of audit content, Shanghai and Shenzhen stock exchanges focus on whether the listed companies meet the listing conditions and whether the information disclosure meets the requirements. The reply time of the companies and intermediaries to be transferred to the board is 3 months. The implementation of on-site supervision is not included in the review time limit of the exchange and the reply time of the issuers and intermediaries.

However, in the eyes of market participants, even if the first selected enterprise to apply for transfer board has been born, it still needs some time before the transfer board case really appears.

"Even if the board is transferred, the financial data rule of" three-year period "should be followed. That is to say, only after the semi annual report is released, will there be any actual reporting cases of board transfer. Combined with the current audit rhythm, it should be expected that 4-5 selected layer enterprises will succeed in transferring their boards within the year. " There are domestic small and medium-sized securities companies new third board practitioners guess.

As for the rhythm of listing on the board, GUI Haoming, chief analyst of Hongyuan securities, also predicted that there would be a company declaration in August, and there might be successful cases of selective layer transfer in October. He pointed out that at present, the selected companies have proposed to the Shanghai and Shenzhen Stock Exchange to be listed on the science and technology innovation board or the growth enterprise market. They do not carry out IPO, but just audit“ Since the company has already gone through strict audit before entering the selective layer, it should be more reliable to complete the preparation work of transferring board in about two months. "

?