The first polyurethane stock! INOV was successfully listed on the North Exchange

On April 3, the Beijing Stock Exchange ushered in new shares, and Innov was officially listed for trading, becoming the first polyurethane stock on the Beijing Stock Exchange. The issue price of Yinuowei is 10.81 yuan per share, and 29.9327 million shares are publicly issued to unspecified qualified investors. The total raised funds are 324 million yuan, all of which will be used for the expansion project of polyurethane series products with an annual output of 340,000 tons, supplementary working capital, etc. . After the stock is listed, the number of companies listed on the Beijing Stock Exchange will reach 185.

It is reported that as early as November 12, 2015, Yinuowei had been listed on the New Third Board. On January 3 this year, Yinuowei North Stock Exchange went through the listing and issuance meeting, and obtained the approval of the China Securities Regulatory Commission for registration on the 29th of the same month. For this listing on the Beijing Stock Exchange, Innovent chose item (1) of Article 2.1.3 of the Listing Rules, "The estimated market value is not less than 200 million yuan, and the net profit in the last two years is not less than 15 million yuan and the weighted average The average return on net assets is not less than 8%" as the listing standard.

Located in Zibo, Shandong Province, the company is mainly engaged in the R&D, production and sales of polyurethane raw materials and other downstream derivatives of EO (ethylene oxide) and PO (propylene oxide), and undertakes the construction of sports venues such as plastic tracks. Its products are widely used in light industry, construction, machinery, textile, metallurgy, transportation, water conservancy, printing, medical equipment, petrochemical, mining, sports and many other fields.

Xu Jun, Secretary of the Party Committee and Chairman of Yinuowei, said at the listing ceremony that over the years, the company has achieved brilliant results in the field of polyurethane raw materials and ethylene oxide, propylene oxide and other downstream derivative products, and has been awarded the single champion of the Ministry of Industry and Information Technology. Demonstration enterprises, the third batch of specialized and special new "little giant" enterprises, gazelle enterprises in Shandong Province, single champion enterprises in the manufacturing industry in Shandong Province, etc., have become industry benchmarks in related fields. Since then, the company will take the opportunity of listing on the Beijing Stock Exchange to anchor in safe, scientific and high-quality development, and continue to forge ahead towards the goal of an enterprise with a sales revenue of tens of billions.