振宏股份冲刺北交所上市：一份招股书串起3家江阴上市公司往事 参股关联方控股的三家村镇银行致亏损

Core Viewpoint - Zhenhong Heavy Industry (Jiangsu) Co., Ltd. is preparing for an IPO on the Beijing Stock Exchange, highlighting its strong family ties and local business connections in Jiangyin [1][2]. Company Overview - Zhenhong Heavy Industry specializes in the research, production, and sales of wind turbine main shafts and other large metal forgings, serving various sectors including wind power, chemical, machinery, shipping, and nuclear power [2]. - The company has shown positive performance with projected revenues of 827 million yuan, 1.025 billion yuan, and 1.136 billion yuan for 2022, 2023, and 2024 respectively, and net profits of 62.84 million yuan, 80.94 million yuan, and 104 million yuan for the same years [2]. Ownership Structure - Zhao Zhenghong, the actual controller, holds 59.19% of the shares directly and an additional 0.13% indirectly through Jisheng New Energy [2]. - Several family members are involved in the company, with Zhao Zhenghong's son, Zhao Zhijie, recently appointed as the general manager [4]. Local Business Connections - Zhenhong Heavy Industry has extensive business relationships in Jiangyin, including equity or business ties with local listed companies such as Canan Co., Ltd. and Jiangyin Bank [1][8]. - Canan Co., Ltd. holds 6.36% of Zhenhong Heavy Industry's shares, indicating a complex interrelationship among local companies [9]. Shareholding Changes - The shareholding structure has seen changes, with a notable reduction in the stake of Bian Fengrong from 12.88% to 3.81% after transferring shares to Canan Co., Ltd. and another entity [10][11]. - Bian Fengrong's share transfer was primarily driven by personal financial needs, resulting in a cash inflow of 56 million yuan [12]. Related Transactions - Zhenhong Heavy Industry has investments in three village banks controlled by Jiangyin Bank, holding 5%, 3.46%, and 1.54% stakes respectively [12]. - The company has faced regulatory inquiries regarding its related transactions, particularly concerning its investments in the village banks [14].