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民生证券保荐博实结IPO项目质量评级B级上市周期超两年实际募资额缩水超6成

Company Overview - Full Name: Shenzhen Bosijie Technology Co., Ltd [1] - Abbreviation: Bosijie [1] - Stock Code: 301608.SZ [1] - IPO Application Date: May 19, 2022 [1] - Listing Date: August 1, 2024 [1] - Listing Board: Shenzhen ChiNext [1] - Industry: Computer, Communication, and Other Electronic Equipment Manufacturing [1] - IPO Sponsor: Minsheng Securities [1] - Lead Underwriters: Wang Ke, Xie Ke [1] - IPO Legal Advisor: Beijing Zhonglun Law Firm [1] - IPO Audit Firm: Dahua Certified Public Accountants (Special General Partnership) [1] Regulatory and Performance Summary - Disclosure Requirements: The company was asked to clarify its compliance with ChiNext positioning and the basis for not treating certain share transfers as share payments [1] - Regulatory Penalties: No penalties were imposed [1] - Public Supervision: No deductions [1] - Listing Cycle: The average listing cycle for A-share companies in 2024 is 629.45 days, while Bosijie's cycle is 805 days, exceeding the average [1] - Multiple Applications: The company is not classified as having multiple applications, resulting in no deductions [1] Financial Metrics - Underwriting and Sponsorship Fees: 72.1942 million yuan, with a commission rate of 7.29%, lower than the average of 7.71% [1] - First Day Performance: Stock price increased by 111.24% on the first day of listing [1] - Three-Month Performance: Stock price increased by 39.38% over the first three months [1] - Issuance Price-Earnings Ratio: 23.98 times, which is 72.27% of the industry average of 33.18 times [1] - Actual Fundraising: Expected to raise 2.616 billion yuan, but actual fundraising was 990 million yuan, a decrease of 62.15% [1] Post-Listing Performance - Revenue Growth: In 2024, the company's revenue increased by 24.85% year-on-year [1] - Net Profit Growth: The net profit attributable to shareholders increased by 0.81% year-on-year [1] - Non-Recurring Profit Decline: The non-recurring net profit attributable to shareholders decreased by 2.49% year-on-year [1] - Abandonment Rate: 0.47% [1] Overall Assessment - Total Score: Bosijie's IPO project received a total score of 84, classified as Grade B [1] - Negative Factors Impacting Score: Disclosure quality needs improvement, listing cycle exceeded two years, significant reduction in actual fundraising, decline in non-recurring net profit in the first accounting year, and abandonment rate [1]