Fuling mustard Tuber Friday sprint SME

Source: Internet
Author: User
Every reporter Guo Nao Zhi China's largest mustard processing enterprises-Chongqing fuling Mustard Group Co., Ltd. (hereinafter referred to fuling mustard) will re-enter the capital market tomorrow. China Securities Regulatory Commission recently issued a notice that this Friday will review the start of fuling mustard tuber application.  The company intends to issue no more than 40 million shares, raise 240 million yuan. If fuling mustard customs clearance, the company will become the first domestic mustard industry listed companies. Prospectus shows that Fuling mustard is China's largest mustard processing enterprises, its leading products Wujiang brand series of 2008 market share of up to 13.58%, 2009 market share further increased to 13.69%, the market share in the country first. In the first half of this year, the company achieved net profit of 30.83 million yuan, equivalent to 0.27 yuan per share, according to the issuance of the total share capital of 155 million conservative estimates, after the issuance of earnings per share will reach 0.40 yuan.  If the food industry 36 times times the estimated price-earnings ratio, fuling mustard stock will be around 14 yuan. However, half a year ago, Fuling Mustard was blocked in the trap door outside, then the message said that the failure of the reasons for science and technology is not enough, many people have petitioners for it. The wash off, fuling mustard selected the SME, raised 240 million yuan, for investment in the construction of the mustard tuber related to the three projects, its eventual listing still awaits the SFC's audit.

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