NET sprint pioneering board will become a a-share first portal site
Source: Internet
Author: User
KeywordsGem DCCI Oriental Wealth
Tomorrow, the Securities and Futures Commission's Board of Auditors will convene the 1th meeting of 2010, in which the IPO application of Oriental Wealth Information Co., Ltd. will be audited, and its main asset is the familiar net of Chinese securities investors. The company's disclosed prospectus shows that the company intends to issue 35 million shares, accounting for 25% of total equity after issuance. As early as in the 2007 bull, the company announced plans to be listed in the United States Nasdaq, but then stranded. However, the company has introduced external capital at a high price-earnings ratio of about 32 times times the actual increase. Last July, Haitong Securities under the direct investment company Haitong Kaiyuan in cash to increase the issuer, the investment of 55 million yuan to obtain 5 million shares, aiming at the market growth space. 45.71 million to build Mobile information Services Oriental Wealth Information Co., Ltd. (hereinafter referred to as Oriental Wealth) disclosed its IPO prospectus for the gem, to issue 35 million shares, the date set for 22nd this month. According to the information disclosed by the prospectus, 299.8 million of the funds raised are mainly used for the large-scale network platform system upgrade project, the online Financial Data Service system upgrade project and the mobile phone-side Financial Information Service project. Among them, will use 45.71 million to build the financial Information Service project based on the handset end. "With the advent of the 3G era, many companies saw the mobile phone business, and have a test of water, relatively speaking, financial information of the Internet platform requirements of large enough customers can be, the core of the threshold is not high, but must have the stickiness of customers, and mobile phone is more likely to generate a charging mode, this channel may not be pure application, And the main pay channel. Yesterday afternoon, Shenzhen Daxin VC general manager Xu Wenhui told reporters, mobile phone application facing another problem is that need to use more operating platform, different operating platforms need to develop different software, each software to upgrade, need someone to maintain, so, compared with the Internet platform, the threshold of technology has certain requirements. According to the Dcci Internet Data Center data, the market scale of China's network financial information Services has risen from 330 million yuan in 2004 to 1.85 billion yuan in 2008, and the annual compound growth rate reached 53.9%. According to Eric Consulting data, 2012 China's Network financial information Services market scale will be expected to break 6 billion yuan, 2008-2012 annual composite growth rate will reach 35.4%. January 20, 2005, Shen, Sta, Bao, Tao and Zoohongming launched the establishment of Shanghai East Wealth Information Technology Co., Ltd. by RMB 3 million in monetary form. January 7, 2008 Shanghai East Wealth Information Technology Co., Ltd. changed its name to Orient Fortune Information Co., Ltd. Founder Shen was a famous analyst. "Benefiting from the rapid rise of internet penetration rate and the strengthening of the concept of financial management in our society, it is expected that the market scale of the future Network financial Information Service industry will maintain a rapid growth trend." "IPOThe specification (report draft) is pointed out when analyzing the development trend of the industry. "Compared with Sina Finance, Tencent Finance, net's interaction seems to be stronger, such as its stock bar is particularly active, but the overall difference is not particularly obvious." Xu Wenhui said that the same financial information, WAN to do very in-depth, of course, and the company's target customer positioning is not the same. Haitong Kaiyuan previously funded 55 million yuan in the first half of 2007, Net announced plans to be listed in the United States Nasdaq in 6-9 months, plans to raise at least 500 million U.S. dollars. However, the listing was later stranded. However, in the 2007 bull, the company introduced external capital with a higher p/e ratio. Prospectus (report) Disclosure, October 2007, as a result of business and development needs, the company to increase capital to introduce external investors in Shenzhen, to increase the share price of 633.33 yuan per share, corresponding to the increase in the ratio of more than 57 times times. The prospectus (report) shows that considering that at that time, Sohu, Baidu, Ctrip, Tencent and other listed domestic major internet listed companies on the average P/e ratio of more than 60 times times, the domestic a-share listed internet company business Treasure of more than 100 times times, and Shanghai East as a unlisted company, equity liquidity weaker than listed companies. Finally, Shenzhen in combination with this increase in the actual increase in capital shares for 351.85 yuan/share (corresponding to the overall change of Shanghai east to the joint stock company after the increase in the price of 11.11 yuan per share), the actual increase in the real earnings ratio of about 32 times times. Last July 15, Haitong Kaiyuan and the company signed an increase in capital agreement, Haitong Kaiyuan to the company's 11 yuan per share of cash increase of 55 million yuan, of which 5 million yuan into equity, the remaining 50 million yuan into the capital accumulation, the issue before the release of the Haitong Kaiyuan holding the company 4.76% of the equity. The Haitong Kaiyuan is a wholly-owned subsidiary of Haitong Securities Co., Ltd. (SH600837), a listed company. Since 2008, with the company's business scale gradually expanding, it is urgent to introduce professional strength to improve corporate governance and decision-making level, tamping the foundation of the company's development. In order to fully draw on the professional venture capital company's management consulting, value-added service capacity, and appropriately expand the company's cash reserves to enhance the company's timely grasp of the industry opportunities, the company through the introduction of Haitong Kaiyuan investment. Oriental Wealth Disclosure of information shows that the Haitong Kaiyuan increase in the corresponding increase in the ratio of capital to about 24 times times. According to the conservative estimate of the 50 times-fold earnings ratio of the gem, with an audited oriental wealth of 0.56 yuan per share in 2008, the shares of the Oriental wealth will not be lower than 28 yuan per share, which means that once the listing is successful, Haitong Kaiyuan will have a good profit. "Pre-high post-low and two-tier market fluctuations have a certain correlation." "Xu Wenhui said. Shenzhen, another venture capital, said that the eastern wealth and Shenzhen, the agreement has a gambling component, and later, Oriental Wealth has been implemented in accordance with the agreement of the transfer of equity. Data show that 2007, after the completion of the increase in capital, Shenzhen holds a 5% stake in Shanghai East Fortune. Before the release, Shenzhen Holdings Limited owns 8 57% of the company's equity. Newspaper reporter Wang Yaning
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