Workflow
华泰联合保荐绿联科技IPO项目质量评级B级上市周期超两年实际募资额缩水超4成

Company Overview - Full name: Shenzhen Ugreen Technology Co., Ltd [1] - Abbreviation: Ugreen Technology [1] - Stock code: 301606.SZ [1] - IPO application date: June 2, 2022 [1] - Listing date: July 26, 2024 [1] - Listing board: Shenzhen ChiNext [1] - Industry: Manufacturing of computers, communications, and other electronic devices [1] - IPO sponsor: Huatai United Securities [1] - IPO legal advisor: Guangdong Xinda Law Firm [1] - IPO audit firm: Rongcheng Accounting Firm (Special General Partnership) [1] Information Disclosure - Required to clarify the completeness of information disclosure [1] - Required to explain whether the issuer meets the ChiNext positioning [1] - Required to clarify the sufficiency of inventory verification ratio and the prudence of conclusions [1] - No penalties for regulatory violations [1] - No penalties for public opinion supervision [1] Listing Cycle - Ugreen Technology's listing cycle is 785 days, exceeding the average of 629.45 days for A-share companies listed in 2024 [1] Issuance Fees - Underwriting and sponsorship fees amount to 73.50 million yuan, with a commission rate of 8.35%, higher than the average of 7.71% [1] Initial Listing Performance - Stock price increased by 114.76% on the first day of listing compared to the issue price [1] Three-Month Performance - Stock price increased by 64.77% in the three months following the listing compared to the issue price [1] Issuance Price-Earnings Ratio - Issuance price-earnings ratio is 24.00 times, which is 72.49% of the industry average of 33.11 times [1] Actual Fundraising - Expected fundraising amount is 1.612 billion yuan, while the actual amount raised is 880 million yuan, representing a decrease of 45.39% [1] Short-Term Performance Post-Listing - In 2024, the company's operating income increased by 28.46% year-on-year, net profit attributable to the parent increased by 19.29%, and non-recurring net profit attributable to the parent increased by 20.42% year-on-year [1] Subscription and Underwriting Ratios - Abandonment rate is 0.24% [1] Overall Score - Ugreen Technology's IPO project received a total score of 81, classified as Grade B. Negative factors affecting the score include: the need for improved information disclosure quality, a listing cycle exceeding two years, high issuance fee rate, significant reduction in actual fundraising amount, and an abandonment rate of 0.24% [1]