Core Viewpoint - Jiangsu Yongda Chemical Machinery Co., Ltd. (Yongda Co.) has received approval for its IPO on the Beijing Stock Exchange, with Guotai Junan Securities as the sponsor. The company specializes in the research, design, manufacturing, sales, and related technical services of pressure vessels in various fields including basic chemicals, coal chemicals, refining, petrochemicals, photovoltaics, and pharmaceuticals [2]. Financial Performance - Yongda Co. is projected to achieve revenues of 696 million yuan, 712 million yuan, and 819 million yuan for the years 2022, 2023, and 2024 respectively, with net profits of 112 million yuan, 131 million yuan, and 107 million yuan during the same period [2]. - As of December 31, 2024, total assets are expected to be approximately 1.3 billion yuan, with total equity of about 665 million yuan. The asset-liability ratio is projected to decrease from 64.03% in 2022 to 47.19% in 2024 [3]. - The company’s gross profit margin is expected to improve from 27.91% in 2022 to 28.73% in 2024, while the net profit margin is projected to decline slightly [3]. IPO Details - Yongda Co. aims to raise 608 million yuan through the IPO, which will be allocated to the construction of a heavy chemical equipment production base and to supplement working capital [4][5]. - The total investment for the first phase of the heavy chemical equipment production base is estimated at 591 million yuan, with 557 million yuan planned to be funded through the IPO proceeds [5]. Shareholding Structure - Li Changzhe holds 61.62% of the company’s shares, making him the controlling shareholder. His family members, including his son Li Jin and daughter-in-law Gu Xuhong, collectively hold 86.56% of the shares [6][7]. - Li Jin serves as the chairman and general manager, while Li Changzhe and Gu Xuhong hold other significant positions within the company [7].
永大股份募资6亿闯关北交所,董事长两哥哥分别任采购部部长及商务部经理
Sou Hu Cai Jing·2025-04-29 05:29