Digital New Energy DataBM. Com was informed that on November 28, Gaojing Solar Energy Co., Ltd. (Hereinafter referred to as "Gaojing Solar Energy") was registered with the Guangdong Securities Regulatory Bureau for guidance. In more than
five months, Gaojing Solar has submitted its application for listing for the first time and withdrawn it voluntarily, and now it is sprinting to IPO again.
On November 28, Gaojing Solar Energy signed a counseling agreement with China International Finance Corporation Limited, bringing the original team to the IPO again.
This is not the first time Gaojing has filed for an IPO.
As early as May 25, Gaojing Solar submitted its first application for public offering and listing on the GEM, while Gaojing entered the photovoltaic industry less than three years ago, which really shocked the capital market and the photovoltaic market.
Gao Jing's prospectus at that time showed that the proposed public offering of shares did not exceed 125 million shares, and the company's shareholders did not publicly offer shares, accounting for no less than 10% and no more than 25% of the company's total equity after issuance.
The company expects to raise 5 billion yuan , which will be used for Yibin 25GW monocrystalline silicon rod and 5GW monocrystalline silicon wafer production and construction projects , R & D center construction projects and supplementary liquidity.
Unexpectedly, on September 28, the Shenzhen Stock Exchange announced that Gaojing Solar had suddenly submitted an application to withdraw its IPO in the Shenzhen Stock Exchange. So far, the IPO journey of Gaojing Solar Energy has come to an end after more than three months.
In fact, Gao Jing's withdrawal of the IPO application is not untraceable.
On June 25, Shenzhen Stock Exchange issued the first round of audit inquiry letter, but Gaojing Solar Energy has not responded. At this time, it was only 20 days before the IPO of Gaojing Solar Energy was accepted.
Some analysts say that Gaojing's withdrawal of IPO may be related to the continuing downturn in the A-share photovoltaic sector and the phased tightening of IPO policy. Since
this year, in addition to Gaojing Solar Energy, Huayao Optoelectronics, Jucheng Science and Technology, yuanyuan New Material, Tuobang Xinneng and Xinjiang Xinhua have also withdrawn their listing applications. According to the data of
photovoltaic rising star with a valuation of 20 billion yuan
, Gaojing Solar Energy was founded in 2019, formerly known as "Zhuhai Huafa Entity Platform Operation Management Co., Ltd." Its main business scope includes the operation and management of industrial parks and incubators, investment consultation, investment and operation of industrial projects, etc.
However, less than a year after its establishment, on December 8, 2020, the company suddenly changed its name to Gaojing Solar Energy . The person in charge of the CEO position of Gaojing Solar Energy is Xu Zhiqun, the former chief operating officer of Jingke Energy. On December 10,
2020, the "newborn calf" made a big splash at the Australia-Zhuhai Entrepreneurs Summit, announcing an investment of 17 billion yuan in silicon wafer projects in Zhuhai. It is planned to build 50GW photovoltaic large silicon wafer production capacity . At that time, 22 industrial projects were signed at the meeting, with a total amount of 82.389 billion yuan, and Gaojing alone accounted for 1/5 . In January
2021, Qinghai Gaojing Solar Energy Technology Co., Ltd. was registered and established in Xining. In March, the 50GW Czochralski Silicon Rod Project landed in Xining, Qinghai, and the first phase of the project started construction on March 18. In June
2022, Gaojing expanded its production to produce 50GW Czochralski monocrystalline silicon rods and 30GW monocrystalline silicon rod slices annually in Yibin, Sichuan.
On October 25, the first component of Guangzhou Gaojing Project was successfully launched , mainly producing 182 and 210 large-size high-efficiency component products based on TOPCon technology route. Guangzhou Base is its first integrated base for R & D and production of photovoltaic modules. Only then did the industry discover that Gaojing Solar Energy, which was initially based on silicon wafers, had already been quietly integrated in its layout.
Established four years ago, Gaojing Solar is a "dark horse" in the photovoltaic industry. Since its establishment, the company's revenue scale and net profit level have experienced explosive growth, with revenue soaring nearly 200,000 times in just three years. After the last round of financing, the valuation of Gaojing Solar Energy has reached 20 billion yuan .
And this round once again launched an impact on the capital market, can we log in smoothly? Let's wait and see.