Tai Xiang shares will be added to the North Exchange board a successful listed company
On March 28, Taixiang (833874.BJ), a listed company on the North Stock Exchange, announced the progress of its application for board conversion.According to the statement, the Shenzhen Municipal Committee of the Shenzhen Stock Exchange innovation Board considered that the company meets the conditions for board conversion and information disclosure requirements, and deliberated and approved the company’s listing application.Prior to this, Guandian Defense (832317.BJ) in January 28 this year through the science and technology innovation Board on the municipal Committee of the review, became the a-share market passed the first bSE board transfer listed companies.Hanbo High-tech (833994.BJ) passed the review of the GEM Municipal Committee on March 11 this year, becoming the second a-share market, and the first gem approved by the BSE board transfer listed companies.At present, the two companies are still suspended from trading, has not officially traded in the transferred board.The meeting of Taixiang shares, will become the third a-share market, is also the second gem approved by the NORTH Exchange board listed companies.Some voices in the market believe that the successful conversion of the three companies to the board means that China’s multi-level capital market has realized the real sense of interconnection.It is reported that The main business of Taixiang shares is the research and development, manufacturing and sales of auto parts, and the main products are engine main bearing covers.As A global supplier and a-level supplier of Volkswagen Group, the company is one of the few enterprises in China that can supply to Volkswagen group’s global factories and participate in bidding for casting machine parts of all brands of Volkswagen Group.The prospectus shows that from 2018 to June 2021, Taixiang shares recorded operating income of 197 million yuan, 179 million yuan, 155 million yuan and 85.1057 million yuan respectively, the net profit of the same period was 90,513,600 yuan, 78.705,700 yuan, 70.392,900 yuan and 38.489,500 yuan respectively.Taixiang was listed and traded on the select floor of the New Third Board on July 27, 2020, with a trading value of 1.333 billion yuan before the submission of the transfer.The listing criteria for this board transfer is “the net profit in the last two years is positive, and the accumulated net profit is not less than 50 million yuan”.The company was suspended from trading on November 8, 2021 until now. It took 140 days from the submission of the application document for conversion to board on November 5, 2021 to the announcement of the review result of gem on March 25 this year.Previously, Guandian Defense submitted the application document for board transfer on October 20, 2021. Since the suspension of trading on October 21, 2021, it has taken 99 days to pass the deliberation of the Municipal Committee on the science and technology Innovation Board.Hanbo High-tech submitted the board transfer application document on November 4, 2021, and suspended its trading since then. It took 126 days to pass the audit of the Municipal Committee of the GEM.At the same time of the landing of the three board transfer companies, the design of the system level is also continuing to advance.On January 7, China Securities Regulatory Commission (CSRC) revised the Guidelines on the Listing of Listed Companies in the National Sme Share Transfer System and formed the Guidelines on the Listing of Listed Companies in The Beijing Stock Exchange.On March 4, THE Beijing Stock Exchange issued the “Beijing Stock Exchange Continuous Supervision Guidelines for Listed Companies No. 7 – Board Conversion”, and the Shanghai and Shenzhen exchanges also issued the management measures for the bSE to board conversion technology Innovation Board and GROWTH Enterprise Board.Currently, there are 89 listed companies on the BOURse.In accordance with the requirements of the board transfer system of THE Beijing Stock Exchange and the respective financial standards of gem and SCIENCE and Technology Innovation Board,Soochow securities is expected to total of Mr Terry, xuan medicine, YingTai biological and agricultural water saving, with Rio stake, deer have to health, Mr Yang science and technology, golden years, xin jie, driving force, north rand, kai tian gas, yongshun creatures, the automobile, the ball crown cable, datang pharmaceutical, iso9000, simultaneous nc 18 north exchange companies may qualify for rotating plate.