Jin shares (603995) IPO offline inquiry strategy
On November 14, 2019, 甬 金 股份有限公司 opened an offline inquiry.
There is no transfer of old shares.
According to the prospectus disclosed in the prospectus, the expected raised capital, issuance costs and the number of issuances, the estimated issue price of Yinjin shares is 22.
52 yuan, corresponding to 16 earnings.
24 times, higher than the one-month average price-earnings ratio of 5 for ferrous metal smelting and rolling.
7, below the 23x P / E red line.
Based on the two trading days before the initial inquiry start date (November 北京桑拿 12, 2019, T-6) as the base date, the securities investment funds and basic pension insurance funds established through public offering methods participating in the initial inquiry of this issue,The average daily market value of the non-restricted A-shares and non-restricted depositary receipts held by the Shanghai Social Security Fund managed by the social security fund investment manager 20 trading days (including the reference date) before the benchmark date should be 10 millionYuan or more.
Other offline investors and participants under their management who participated in the initial inquiry of the issuance of non-restricted A shares and non-restricted depositary trusts in the Shanghai Stock Exchange held 20 trading days (including the reference date) before the benchmark dateThe average daily market value of the voucher 夜来香体验网 should be more than 60 million yuan (inclusive).
Taking into account the number of offline issuances and the reasonable distribution range of the issuer, the sponsor (the lead underwriter) sets the minimum planned subscription quantity for each placement object to 1 million shares, and the minimum unit for the planned subscription quantity change is set to 1010,000 shares, that is, the number of shares intended to be purchased by the placement object exceeds 1 million shares, the excess must be an integer multiple of 100,000 shares, and the number of proposed subscriptions of each placement object must not exceed 6.9 million shares.