The most popular Wanxun automatic control needs mo

2022-07-31
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Wanxun automatic control will also be listed with "no shortage of money"

another family business will be listed on the gem. According to the CSRC announcement, Shenzhen Wanxun automatic control will hold a meeting on June 25. However, compared with other small and medium-sized enterprises to be listed, Shenzhen Wanxun automatic control is not so short of money. The fund required for the company's raised investment projects is less than 100million yuan, while the company's shareholder's equity attributable to the parent company reached 105million yuan in 2009, and the debt ratio in 2009 was as low as 14%

Wanxun automatic control has an obvious family business nature. Fuyuchen, chairman of the company, and his relatives hold 51.4336% of the shares in total, and most of the company's senior management positions are held by his relatives

Wanxun automatic control is expected to issue no more than 18million shares. The actual raised capital makes it temporarily shut down and work again after the water temperature drops. The net amount of Zhongjin after deducting the issuance expenses is the working capital that will be fully used for the projects related to the company's main business and the development of its main business. However, the fund required for the company's raised investment projects is less than 100million yuan, while the company's shareholder's equity attributable to the parent company reached 105million yuan in 2009, and the debt ratio in 2009 was as low as 14%

for enterprises, the main purpose of listing is undoubtedly financing. Through the funds raised by issuing shares, enterprises can quickly expand their business scale and determine their own profit base

from the perspective of capital, Wanxun automatic control had abundant monetary capital in 2009, and the company did not lack money. Public information shows that the company did not have short-term loans in 2007 and 2009, while at the end of 2008, the company's short-term loans were only 5.8 million yuan. The loan is mainly mortgage loan, which is used for working capital turnover. The loan was repaid by the company in the first half of 2009. In 2007 and 2008, Wanxun automatic control had no non current liabilities. In 2009, there was a sudden increase of 33500 yuan in non current liabilities

in the past three years, the company's monetary capital has also been quite abundant, with an increasing trend year by year. From 2007 to 2009, the monetary capital of the company was 886700 tons of lithium concentrate imported from China, amounting to 5.78 million yuan, 12.57 million yuan and 19.24 million yuan respectively. The proportion increased from 6% at the end of 2007 to 15.77% at the end of 2009. On the one hand, it reflects that the company has a good hematopoietic function, and the net cash flow from operating activities during the reporting period amounted to 55.6735 million yuan. Therefore, the company's non current liabilities of 33500 yuan in 2009 are really puzzling. Moreover, as of the signing date of the prospectus, Wanxun automatic control has obtained a total bank credit line of 35million yuan granted by the bank

in addition, the asset liability ratio of Wanxun automatic control is also quite low. In 2007 and 2008, the asset liability ratio of the company was about 35%, and in 2009, it decreased to 20.79%. The consolidated asset liability ratio did not exceed 30% in 2007 and 2008, and it was lower in 2009, only 14.06%. The explanation of Wanxun automatic control is that in order to improve the production capacity and enhance the R & D capacity, what are the selection criteria for the new production and R & D pulling machine in Jiangyin City? Here is one of the methods for capital reserve based on the base. Therefore, the asset liability ratio of recycled plastics at the end of December 2009 is low

Wanxun automatic control is not short of money. In 2009, the shareholder's equity attributable to the parent company reached 105million yuan, but why should it be listed to raise funds

with the continuous improvement of the company's comprehensive strength, in order to ensure the sustainable and rapid development of the company, the company needs to raise funds for new project construction, increase R & D investment, extend the company's product line, upgrade products and expand market share. The company cannot meet the required investment only by the accumulation of cash flow from operating activities, so it must raise necessary external funds as a supplement. Wanxun automatic control said in the prospectus

the fund required for the raised investment project is less than 100million

since its establishment, Shenzhen Wanxun Automation Co., Ltd. has been mainly engaged in the R & D, production and sales of industrial automation instruments and meters, and no other major changes have taken place in its main business

according to the plan of Wanxun automatic control, the net amount of the raised funds after deducting the issuance expenses will be invested in the construction of intelligent instrument R & D and production expansion projects, intelligent electric actuator R & D and industrialization projects, flowmeter R & D and industrialization projects and other working capital projects related to the main business in order of priority. Among them, it is planned to invest 24.9897 million yuan in intelligent instrument R & D and production expansion projects, 40.7173 million yuan in intelligent electric actuator R & D and industrialization projects, and 28.7554 million yuan in flowmeter R & D and industrialization projects. The total investment required for the above projects is 94.4624 million yuan

the net value of the company's original equipment used in the above three projects is respectively 400000 yuan, 430000 yuan and 20000 yuan, totaling 850000 yuan. However, the raised funds will not be used for investment

the construction of intelligent instrument R & D and production expansion project has been started. As of december31,2009, 1.0686 million yuan has been invested in the early R & D of the project. The company said that after the raised funds are in place, it will first replace the invested funds, and the rest will continue to be invested in the project construction

relatives hold 51% of the shares in total.

Shenzhen Wanxun automatic control is obviously a family business. Most of the senior management positions are held by relatives. Among the top ten shareholders of the company, Zunwei company holds 20.58% of the shares, ranking second, and the rest are all natural person shareholders. Among these natural person shareholders, fuyuchen and his relatives accounted for four seats, with a total shareholding of 51.4336%

according to the data, Shenzhen Wanxun automatic control is a joint stock limited company established by Wanxun Co., Ltd. and registered with Shenzhen Administration for Industry and Commerce in january2009, with a registered capital of 53.63 million yuan. Except for one legal person shareholder, Zunwei Trading (Shenzhen) Co., Ltd., the company's promoters are all natural person shareholders, with a total of 43 natural persons

the actual controller of the company is Mr. fuyuchen, chairman and general manager of the company. Prior to this offering, fuyuchen held 30.5687% of the company's shares and was the largest shareholder of the company, in a relatively controlling position; Fuyuchen and his relatives Mao Qin, fuxiaoyang, mengxiangli and liguangwei jointly held 27583800 shares of the issuer, accounting for 51.4336% of the total share capital of the issuer. If 18million shares are issued this time, Mr. fuyuchen will hold 22.8871% of the shares of the company after the completion of this issue, and he will still be in a relatively controlling position; Mr. fuyuchen and his relatives will hold 38.5087% of the company's shares in total

in addition, Wanxun automatic control also has an obvious family business nature, and most senior management positions are held by family members. The prospectus shows that fuyuchen and maoqin are husband and wife, fuyuchen and fuxiaoyang are brothers, fuyuchen and Meng Xiangli and liguangwei are cousins; The company's shareholders yuanminxun and yuanminqian are related, and they are brothers. Meng Xiangli and yangyanping, the shareholders of the company, are related

Mao Qin also served as the manager of the audit department, fuxiaoyang as the director and deputy general manager, Meng Xiangli as the deputy general manager of the company's monitoring and marketing center, and liguangwei as the manager of the building actuator project team

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