On November 6, according to the website of Shenzhen Stock Exchange, the audit status of Shenzhen First Airlines New Energy Co., Ltd. (hereinafter referred to as "First Airlines New Energy") has been changed to the approval of the Shanghai Municipal Committee Meeting. <
IMG SRC = "https://img7.ccement.com/richtext/img/98ghgb30rh71699494652204. The Company's business covers photovoltaic grid-connected inverters, photovoltaic energy storage inverters, energy storage batteries, etc.". On June 16,
2022, First Airlines New Energy submitted its prospectus to the Shenzhen Stock Exchange for the first time to be listed on the GEM. According to the company's latest prospectus on February 3, it plans to raise 35. As of the date of publication, Shouhang New Energy has conducted two rounds of inquiries from Shenzhen Stock Exchange. According to incomplete statistics from the
Digital New Energy DataBM. Com, since the second half of this year, 16 companies in the photovoltaic manufacturing industry have updated their IPO dynamics.
Compared with 52 photovoltaic companies in the first half of this year to update the IPO process, to raise more than 170 billion yuan , the IPO process in the second half of this year is slightly cold. But it seems to be active again recently.
September 27, the United States crystal new material IPO has been accepted; October 28, the Shenzhen Stock Exchange to the United States crystal new material issued the first round of inquiries;
In October 17th, Inner Mongolia Dongli photovoltaic Limited by Share Ltd launched the IPO guidance, and the guidance agency was CITIC Securities;
On October 26, Daheng Energy Co., Ltd. conducted its first listing guidance agreement in Anhui Regulatory Bureau.
…… From September to October
alone, 11 photovoltaic companies updated the status of the IPO process.
Gaojing Solar is an example. Established in
2019, Gaojing Solar has completed 1.6 billion yuan of A-round financing and 25 in 2022. As a https://www.databm., even such a high-potential enterprise, In the face of the current tightening of IPO, after three months of hovering at the capital gate, it finally chose to withdraw the IPO.
This is not an example in this year's photovoltaic circle. Throughout
2023, a number of photovoltaic companies have terminated their IPOs, including Jucheng Technology, yuanshi New Material, Tuobang Xinneng, Huayao Optoelectronics and so on. A number of photovoltaic companies have passed the meeting for more than four months, but they have not yet been listed.
Indeed, since the end of August, the SFC began to tighten the pace of IPO in stages, the requirements for companies applying for listing have become more stringent, and many photovoltaic companies are not well prepared or the listing conditions need to be improved, so the process of IPO has been terminated.
In addition, now the whole capital market sentiment is low, for enterprises that are short of money but not so short of money, it is also a better choice to suspend login and choose a new opportunity.
In addition, this is for the photovoltaic industry, which has been sought after by capital for a long time and has contributed to repeated construction and serious overcapacity through the mode of financing-expansion-financing-expansion. It is not a bad thing to let the investment calm down at the right time.
However, the phased tightening of the IPO rhythm by the SFC does not mean that the IPO will be stopped across the board. For qualified and high-quality enterprises with hard power, they are still welcomed by the market and should be welcomed.