Super raise funds to deposit the people in the industry said safety gains

Securities Times reporter Li Kun yesterday Songcheng shares (300144), Watson Biology (300142) two companies disclosed that some of the funds raised by the deposit of certificates of deposit, involving the raising of funds of 2.051 billion yuan and 1.728 billion yuan respectively.　　Industry insiders believe that, in the current gem, the large number of SME companies in the case of the phenomenon, the temporary need to use some of the funds to convert to fixed-term deposit is a way to ensure the collection of capital security, but also to improve the efficiency of funds. The announcement showed that the Songcheng shares proposed to be a total of 2.051 billion yuan to be transferred to a regular, accounting for about 96% of the IPO net, Watson's biology plans to convert the total of 1.728 billion yuan to regular, accounting for the IPO to raise the net amount of 78%.　　The two companies ' super raise funds are 1.528 billion and 1.807 billion yuan respectively, the super raise funds are converted into the main funds of time deposits. From the time of the transfer, Songcheng shares have a long period of funds, a short period of funds more. Of these 1 years, the total amount of fund-raising is 350 million yuan, the deposit period of 6 months for 188 million yuan, 7 days deposit method deposit is 1.513 billion yuan.　　Watson biological situation in contrast, the 3-month savings total of 150 million yuan, 6-month total capital of 320 million yuan, 1-year deposit of funds of 1.258 billion yuan. Industry insiders believe that the two companies to raise funds to transfer a regular period of choice, may be different from two companies in the future fund-raising use plan. According to the reporter consulted two companies prospectus, Songcheng shares 3 fund-raising project construction period of 12 months to 18 months, the amount of funds required to raise capital of 531 million yuan.　　Watson's life-raising project is 2 years or even 3 years old.　　Insiders believe that from the point of view of the fund management, two companies will be part of the collection of funds transferred to the company's one big benefit is that, in the guarantee of capital security, under the premise, can maximize the interest income of funds. According to the latest release of the annual interest rates, the Songcheng shares converted to fixed-term deposits of the above raised funds if deposited for one year can receive interest income of 36.78 million yuan. If deposited according to current demand, the total interest rate of one year is 8.2 million yuan. The former is about 4.5 times times the latter. This means that the transfer of regular Songcheng shares will make the 2011-year net profit increase about 28.5 million yuan.　　In 2010, the company expected a net profit of about 160 million yuan. According to the above method, the amount of interest earned by the Watson's biological conversion to term deposits would be 50.6 million yuan a year, and the total interest earned in the year of the surviving period would be only 6.91 million yuan. A year down, the periodic interest income is 7.32 times times the current income.　　2010 Watson estimated net profit of 138 million to 153 million yuan. According to wind statistics, since the Gem board, the current landing in Shenzhen Gem Market 178 listed companies actually raise 127.614 billion yuan, of which the fund is 84.619 billion yuan. If youThese funds are all transferred to 6-month regular, a year to receive annual interest will reach 2.37 billion yuan.　　That would account for one-fourth per cent of the 178 companies ' net profits of three quarters 2010 years ago. Industry insiders believe that, although the transfer is not a regular capital of the optimal use of funds, but at present, the vast majority of funds temporarily do not have more reliable and more profitable investment projects, the transition to a time deposit is a way to improve the efficiency of fund-raising use. This is much better than reckless investment.