Three squirrels have a meeting, two years from the IPO road to complete a key stage
Beijing News (Xia Dan Correspondent) On May 16, Beijing News reporter learned that the three occasional squirrel companies ("three squirrels") the occasional zero food brand launched today had a successful meeting, two years of the IPO's way. complete an essential step. The prospectus shows that the three squirrel stocks have been listed on Shenzhen Stock Exchange GEM, and the proposed public offer is not less than 40 million shares.
According to public information, the three squirrels were established by Zhang Yiyuan in 2012. They are mainly engaged in research and development, testing, packaging and selling their own brand snack foods. Through the OEM + e-commerce model, they only became a nut industry in 5 years. Network explosions. "According to the prospectus, in 2014-2016, annual revenues of the three squirrels were 924 million yuan, 2.043 billion yuan, and 4.423 billion yuan, with a compound growth rate of 118.72%. Meanwhile, the net profit was a loss of 12.864. million yuan from 2014, increased to 237 million yuan in 2016, and the net profit for the first six months of 2017 reached 241 million yuan.
In fact, the three squirrels have not developed and grown the IPO road smoothly. On 21 October in the same year, the Regulatory Commission website of China Securities showed that the three squirrel IPO examination status was changed to “suspension review”. The reason was that “solicitors resigned and signed” and the three squirrels took over. forward to stop the review.
On 31 October 2017, all three updated the prospectus (the draft, submitted on 27 October), and resumed the IPO application of the normal review. On 8 December, the same year, the CSRC announced that five companies, including three squirrels, would be present at the meeting in the same week. However, the China Securities Regulatory Commission announced a supplementary announcement on the evening of December 12, saying that the audit committee had originally considered considering the first issue of the three squirrels on 13 December, but decided to cancel the three squirrels because the need for a further check. Only squirrels are publishing audit documents to review. At that time, some media said that the temporary cancellation of the trial did not mean that the three squirrel qualifications were canceled.
On June 25, 2018, the SFC website updated the three squirrel IPO status again, noting that the three squirrels enter the IPO queuing stage and their audit status is displayed as “pre-disclosed updates”. ”.
During the IPO of the three squirrels, the quality problems were highlighted On August 15, 2017, the three squirrels that were during the key stage of the list were notified by the former Ministry of Food and Drugs State about their food safety problems. Pistachio mold is 1.8 times higher than the national standard.
Editor in charge: Chen Zhijie