Core Viewpoint - Inner Mongolia Shuangxin Environmental Protection Materials Co., Ltd. (Shuangxin Environmental Protection) has applied for a change in its IPO review status to "submitted for registration" on the Shenzhen Stock Exchange, with a fundraising target of 1.86538 billion yuan [1] Company Overview - Shuangxin Environmental Protection specializes in the research, production, and sales of products along the polyvinyl alcohol (PVA) industrial chain, including PVA, special fibers, vinyl acetate (VAC), and calcium carbide [1] - The company is recognized as the third-largest PVA producer in China, contributing approximately 13% to the national total PVA output with a projected production of 116,900 tons in 2024 [2] - The company has an annual calcium carbide production capacity of 870,000 tons, ranking 8th nationally, and its sales of commercial calcium carbide exceed 500,000 tons, accounting for 2.86% of the national total [2] Financial Information - The net proceeds from the stock issuance will be allocated to various projects, including the construction of a PVA product pilot plant and replenishing working capital, with a total investment of approximately 1.8778842 billion yuan [3][4] - The company reported revenues of 5.061 billion yuan, 3.783 billion yuan, 3.486 billion yuan, and 1.797 billion yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [4] - Net profits for the same periods were 808 million yuan, 558 million yuan, 521 million yuan, and 281 million yuan [4] Key Financial Metrics - As of June 30, 2025, total assets amounted to 6.2358 billion yuan, with equity attributable to shareholders of the parent company at 4.8743 billion yuan [5] - The company's debt-to-asset ratio was 20.69% for the first half of 2025, showing a decrease from 26.62% in 2022 [5] - Basic earnings per share were 0.33 yuan for the first half of 2025, down from 0.94 yuan in 2022 [5]
双欣环保深交所IPO提交注册 拟募资18.6538亿元
Zhi Tong Cai Jing·2025-10-27 11:11