New Henghui's IPO on the GEM has been updated to "submitted for registration" by the regulatory authorities.

According to the data of Securities Times Data, based on the progress of Shenzhen Stock Exchange's issuance and listing review, on March 11, the review status of New Henghui's IPO application changed to "submission for registration", and the date of the company's IPO approval by the Shenzhen Stock Exchange's listing committee was March 22, 2023.

The issuer is a company integrating the research, production, sales, and packaging testing services of chip packaging materials. This time, it plans to raise funds of RMB519 million, which will be invested in the industrialization project of high-density QFN/DFN packaging materials and the expansion and upgrading project of the R&D center. The sponsor of this issue is Fosun Securities Co., Ltd.

Financial data shows that the Company achieved operating income of RMB414 million, RMB388 million and RMB548 million respectively in 2019-2021, and achieved net profit of RMB74.45 million, RMB43.99 million and RMB101 million respectively. In terms of growth, the Company's operating income increased by 41.17% in 2021, and the net profit increased by 128.56% year-on-year. (Data of Data Treasure)

The Company's main financial indicators

Financial Indicator/Time	2021	2020	2019
Operating Income (in ten thousand yuan)	548,032.6	388,200.3	41,380.2
Net profit attributable to parent	10,054.3	4,398.9	7,445.3
Net profit attributable to parent after deducting non-current loss and profit	8,171.8	4,531.7	7,140.4
Basic EPS (yuan)	0.56	0.26
Diluted EPS (yuan)	0.56	0.26
Weighted average return on equity (%)	14.07	8.68	19.57
Net cash provided by operating activities (in ten thousand yuan)	10,037.4	7,903.8	1,242.6

Review Progress

Review Progress, GEM, GEM IPO

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