IPO一波三折，华龙证券股权再遭法拍！

Group 1 - Newzhou Group's 8.3768 million shares of Hualong Securities will be auctioned on December 29, with a starting price of 11.7275 million yuan and an assessed value of 16.7535 million yuan, attracting over 700 viewers but no bidders so far [1] - This marks the second auction of Hualong Securities shares this month, with Jiangsu Sunshine Holding Group's 61.2986 million shares auctioned on December 9, starting at 86.1613 million yuan, which also ended without bids [1] - The auction is related to a judicial confirmation mediation agreement involving Beijing Xinlvjia Property Service Co., Ltd. and Newzhou Group, leading to the court's decision to auction the shares [1] Group 2 - Hualong Securities shares have been frequently auctioned in recent years, with over 20 auctions since July 2020, of which only 9 transactions were completed, with prices ranging from 1.72 yuan to 3.8 yuan per share [2] - In March, Newzhou Group's 11.6232 million shares were auctioned at a starting price of 13.02 million yuan, equivalent to 56% of the market price, and were successfully sold for 20.04 million yuan after a competitive bidding process [2] - Hualong Securities is actively pursuing an IPO, having faced multiple challenges since its initial listing on the New Third Board in 2016, including a significant penalty in 2021 due to financial fraud [2] Group 3 - Hualong Securities has experienced fluctuations in revenue and profit, with revenues of 1.344 billion yuan, 1.197 billion yuan, and 1.32 billion yuan from 2022 to 2024, reflecting year-on-year changes of -28.75%, -10.93%, and 10.26% respectively [3] - The net profit for the same period was 424 million yuan, 323 million yuan, and 425 million yuan, with year-on-year changes of -41.48%, -24.2%, and 31.79% respectively, showing a recovery in net profit due to overall market improvement [3] - Established in May 2001, Hualong Securities has a registered capital of 6.335 billion yuan and is one of the few comprehensive brokerages in Northwest China, offering a wide range of services including brokerage, investment consulting, and underwriting [3]