On July 20th, the selected layer welcomes another company that has been promoted from the innovative layer to the selected layer. This is Huayang Variable Speed (NQ: 839946), and Huayang Variable Speed will also be the 58th new third board company to enter the selected layer Enterprises, the team of selected high-quality enterprises is constantly expanding.
The bell ringing ceremony of Huayang variable speed listing selection layer
Judging from the market on the first day of listing, the stock price of Huayang variable speed remained volatile after opening higher. On the morning of the same day, the company's stock price rose and remained above 13%.
It is understood that the price of Huayang Variable Speed’s public offering of shares this time is 4.20 yuan per share, and the fundraising scale is 160 million yuan. From the perspective of online subscription, a total of 55,000 investors have valid subscriptions, the number of subscriptions is 3.045 billion shares, and the corresponding frozen funds amount to 12.79 billion yuan. In the end, the number of users allocated online was 28,200, and the proportion of online allocation was only 0.92%.
In fact, for enterprises, while being recognized by the capital market , they also get the help of the capital market. Chen Lunhong, chairman of Huayang Variable Speed, also believes that it is a new opportunity for the company to successfully advance to the selection layer.
Chen Lunhong, Chairman and General Manager of Huayang Transmission
Chen Lunhong said: "Huayang Transmission has successfully promoted to the selected layer, and we will live up to our trust and seize the greater light weight brought about by the emission upgrade of commercial vehicles, new energy and automatic transmission AMT. Opportunities, continue to consolidate and expand the leading advantages in lightweight transmission systems for medium and heavy commercial vehicles, and at the same time make good use of the lightweight first-mover advantages to continuously expand the business boundary of lightweight commercial vehicles and make greater contributions to carbon reduction for medium and heavy commercial vehicles. Fight for yourself, earn money for shareholders, win glory for small and medium-sized enterprises and manufacturing, and add luster to the New Third Board and the selected layer."
Log in to the selected layer to help companies seize new opportunities R&D, production and sales of components. The lightweight of auto parts is achieved through technologies such as aluminum alloy application, structural optimization, thermoforming and modular design. After years of technological research and development and innovation, in the field of medium and heavy commercial vehicle transmissions, the company's lightweight products have gradually replaced traditional cast iron and cast steel products.
Huayang Transmission is a national high-tech enterprise. Relying on nearly 30 years of technology accumulation, through years of continuous technological transformation and R&D innovation, the company has formed a strong market competitiveness in the field of medium and heavy commercial vehicle transmission shifting mechanism and lightweight , has a high industry reputation. The information disclosed by
Huayang Variable Speed shows that the company’s performance has developed steadily in the past few years while maintaining a considerable growth rate, which also reflects the company’s healthy and rapid development at the financial level.
From 2018 to 2020, the company achieved operating income of RMB 171,322,400, RMB 253,907,800 and RMB 325,269,400, and the operating income increased year by year, with an average annual compound growth rate of 37.79%. The increase in 2018 reached 48.20%, and the operating income in 2020 increased by 28.11% compared with 2019.
At the same time, the company's net profits from 2018 to 2020 were 16.5 million yuan, 36.23 million yuan, and 52.89 million yuan respectively. It can be seen that the net profit level has also maintained a steady growth rate like operating income. A company such as
has also received high attention from investors. In addition to being popular in the online subscription process, the strategic placement has attracted 9 institutions to take action one after another.
Specifically, 9 strategic investment companies were allocated 5.898 million shares, with a total amount of 24.7716 million yuan. The 9 strategic investors are Shenzhen Danguishun Asset Management Co., Ltd., Shanghai Tongyi Investment Management Co., Ltd., Taizhou Sisi Investment Management Co., Ltd., Nanjing Li Guangfu Investment Management Co., Ltd., Shanghai Guantong Investment Co., Ltd., and Hunan Zhengyin Investment Management Co., Ltd. Co., Ltd., Qingdao Chenrong No. 7 Equity Investment Management Center (Limited Partnership), Shanghai New Countryside Construction Investment Co., Ltd., Jiaxing Jinchangchuan Equity Investment Partnership (Limited Partnership).
Huayang Variable Speed listed on the scene of the selected layer
Undoubtedly, the successful promotion to the selected layer is a good opportunity for the company to use the capital market to promote the company's development. Huayang Variable Speed also made it clear that it will use the opportunity of promotion to the selected layer to seize commercial Vehicle emission upgrade, new energy and automatic transmission AMT spawnedContinue to consolidate and expand the leading advantage in light weight of the transmission system of medium and heavy commercial vehicles, and at the same time make good use of the advantages of light weight first mover to continuously expand the business boundary of light weight of medium and heavy commercial vehicles, and reduce carbon for medium and heavy commercial vehicles make greater contributions.
A securities dealer who is familiar with Huayang Transmission also pointed out: "It can be said that the company has experienced high growth in the past few years. The main reason is that the commercial vehicle industry, especially the heavy truck industry, has a good boom. Industry lightweight trend. Now the air-conditioning industry is planning to replace copper with aluminum in order to reduce costs. In fact, the heavy-duty automobile industry has already started, using aluminum alloy to replace steel, the vehicle is lighter and the fuel consumption is also less. In fact, the company The funds raised by and are mainly invested in lightweight projects with an annual output of 300,000 sets of high-end gearboxes and retarder shells."
In addition, Huayang Transmission has also made certain layouts and breakthroughs in the new energy business. Electric products have been finalized and small-batch supply has been realized. At the same time, the company and related downstream customers also have a variety of oil-electric hybrid products and hydrogen energy products that are being developed and trial-produced.
The government gives strong support
In addition to the help of the new third board market, the development of Huayang Transmission is also inseparable from the support of the local government. It can also be seen that the Shiyan Municipal Government supports local enterprises to enter the capital market.
Gu Lin, Member of the Standing Committee of the Shiyan Municipal Committee and Deputy Mayor
Gu Lin, Member of the Standing Committee of the Shiyan Municipal Committee and Deputy Mayor, gave a speech at the ceremony of Huayang Speed Selected Layer: "Huayang Speed is a model for the successful development of auto parts enterprises in Yunyang District, Shiyan City It is also a successful example of a company becoming stronger and bigger through independent research and development. This time, Huayang Speed has successfully landed on the selected layer, providing a broader financing platform and market space for the development of the company, marking that Huayang Speed is standing in a new position At the starting point of development. I believe that with the economic development of Shiyan and , Huayang Transmission, which has taken the lead, will be able to make great strides forward and quickly develop into a benchmark in the industry, bringing rich returns to shareholders and designing more for the society. products and make greater contributions to the industry. At the same time, the Shiyan Municipal Government will continue to support Huayang Variable Speed to become bigger and stronger, creating a more relaxed environment and more favorable conditions for the continuous and rapid development of the enterprise."
( CIS)
