Main date:
Public release closing date: announcement at 12: 00 noon on March 5, 2018
Application results: March 15, 2018
Listing date: March 16, 2018
Guarantor:
Dayou Rongji Co., Ltd.
Summary of statistics:
Number of shares sold: 37822500 shares
Proportion of shares sold publicly: 10.0%
Sale: HK $2.30
Estimated collection of funds: HK $887 million
Income per hand: HK $5807.95
A summary of the collection
Founded in Changshu, China in 2010, Jigao is a supplier of "one-stop" portable computers, flat panel computers, portable chargers and router peripherals and other accessories. Sales of portable computers and flat panel computers account for more than 90% of the total revenue. Most of the products of CCM are supplied to the major equipment manufacturers who build and assemble computers and flat panel computers in China's production bases. As a "one-stop" supplier of manufacturing solutions, collectors can provide design, mold fabrication, injection molding, surface coating, metal molds, assembly and assembly. Its products are generally classified as plastic and / or metal parts made of outrigger and other accessories.
Industry summary
According to the report by Genji and Zhaoji, the global number of handheld expenses decreased from 173 million units in 2014 to 149 million units in 2016, with a combined annual growth rate of 7.2%. The report is expected to continue to decline from 2017 to 2019, with a combined annual growth rate of 2.4%.
Cymbals
As the service continues to grow, the demand for materials and semi-finished products such as grease, accessories and components continues to increase. For each of the three years ended December 31, 2016 and the eight months ended August 31, 2017, the distribution of materials accounted for approximately 58.8%, 58.8%, 56.3% and 48.3% of the collective selling cost, respectively. The move may be due to the deteriorating supply and demand conditions in the market for grease, gold plates, accessories and components. The collection of monitoring materials is strict and its reports are adjusted accordingly, but the collection may not be able to directly marry the increase in materials to customers, which may have a significant adverse impact on the financial performance of the collection.
Valuation
According to the IPO documents, the hypothetical global offering was completed on August 31, 2017, and the capitalization of the next installment payable was HK $4500, based on the expected issuance of some 1.89 shares after the sale of long-term shares. the net value of tangible assets per share has been calculated to be HK $2.00.