Zhenjing shares IPO will add another member to Sichuan Capital Market

China Securities Network (intern reporter Kang Yu) The CSRC announced the "Announcement of the Results of the 44th Meeting of the 17th Meeting of the 17th Audit Committee in the evening of the 14th," except for Chengdu Bank, Sichuan Zhenjing Co., Ltd. : Zhenjing shares) The initial application was also approved.

The company plans to issue no more than 60 million shares this time, accounting for 25% of the total issued share capital. The total issued share capital is 240 million shares. The funds raised will be used for the 500,000/year auto leather automated cleaning line project and additional working capital. The company intends to be listed on the stock exchange for the Shanghai Stock Exchange.

Zhenjing's main business is the research and development, manufacturing and sales of medium and high-grade natural leather. In the industry, the company took the lead in establishing three product lines of furniture leather, automobile leather and shoe upper leather. The product chain is complete and can be customized and flexible. Products are widely used in the manufacture of high-end furniture, car seats and interiors, uppers and so on.

Information, the company well-known furniture manufacturers and brands, such as Gu 603,816 home, clinic shares, mousse home, Asia vibration 603,389 home, attending stocks and other established long-term good relations of cooperation; With the passenger car market booming, In particular, the rapid rise of independent brands, the company gradually increased the technical research and development and process design investment of car seat leather since 2015, and obtained the ISO certification of “production of leather leather fabric for automotive interior parts”, and Guangzhou Automobile Group 601238, clinic shares, BYD 002594, shares attending the supply chain to form a stable and cooperative relations, access to some models leather seats designated supplier qualification, field of automotive leather will become an important future direction of business development and performance growth company; with leather furniture, leather in car With the experience and advantages of the field, the company gradually opened the vamp leather market and has been recognized by well-known footwear brands such as New Balance and New Belle.

The financial statements show that the company's performance has maintained steady growth in recent years. In 2014-2016 and January-June 2017, Zhenjing's operating income was 433 million yuan, 543 million yuan, 592 million yuan, and 306 million yuan respectively. The net profit for the same period was 27,540,100 yuan and 40,102,600 yuan respectively. 5,823.11 million yuan and 25.582 million yuan.