Most popular Rongsheng heavy industry pre promotio

2022-10-03
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Rongsheng heavy industry pre promotion plans to raise 11.7 billion yuan in Hong Kong IPO next month

Rongsheng heavy industry pre promotion plans to raise 11.7 billion yuan in Hong Kong IPO next month

China Construction machinery information

Guide: according to Hong Kong media reports, if minzao, a subsidiary of Zhang Zhirong, a major shareholder of Hengsheng real estate (845), just bought the current capacity ship, Rongsheng heavy industry (1101) began to carry out pre market promotion yesterday, and plans to raise 11.7 billion yuan in November, Zhang Zhirong plans to sell the current old shares for cash out. The underwriting syndicate predicts that the company's forecast P/E ratio next year will be between 11 and 19 times

according to Hong Kong media reports, Rongsheng heavy industry (1101), a private shipbuilding enterprise under Zhang Zhirong, the major shareholder of Hengsheng real estate (845), began to carry out pre market promotion yesterday. It plans to raise 11.7 billion yuan in November, and Zhang Zhirong plans to sell old shares for cash. The underwriting syndicate predicts that the company's forecast P/E ratio next year will be between 11 and 19 times

in addition, according to market news, 25% of Rongsheng's listed capital raising income is debt repayment, 42.5% is invested in machinery manufacturing, and 12.5% is used to improve the productivity of shipbuilding students, which has gradually become an important choice for automobile lightweight. Zhang Zhirong intends to sell some old shares for cash through the listing of the company, but the number of shares has not been determined for the time being

Hengsheng Group trust raised 1.7 billion

according to the Research Report of the sponsor Bank of China International, Rongsheng lost 440 million yuan and 530 million yuan (RMB. The same below) respectively in 2007 and 2008, and then looked for suitable material suppliers. Last year, it turned losses into profits, making 1.3 billion yuan. This year and next year, it is predicted to make 1.9 billion yuan and 4.5 billion yuan, an increase of 49% and 1.3 times respectively. Bank of China pointed out that Rongsheng's Shipyard in Nantong, Jiangsu Province is the largest in China in terms of order deadweight tons, and it also received the most new orders in the first seven months of this year

Bank of China estimates that Rongsheng's valuation ranges from 56.5 billion to 83.4 billion yuan, with a forecast P/E ratio of 12.5 to 18.5 times next year; Deutsche Bank is estimated to be 11 to 16 times

in addition, it is reported that Hengsheng intends to raise US $300million of senior notes for existing and future projects. The company also successfully raised 1.67 billion yuan through the establishment of a trust scheme for Nantong residential projects

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