In August, 9 of the 19 new listed companies in the NEEQ were manufacturing companies, accounting for 47%, which is the industry with the largest number of new three-board incremental enterprises, followed by medical health, cultural media, and corporate services. .
Editor’s note: This article comes from WeChat public number “Beyond J Curve” (ID: beyond the jcurve), the author voted for the Institute.
Directory:
Introduction to the New Third Board Market
New Three Boards Increase Market
New Three Board M&A Market
New Third Board Trading Market
Policy Hotspot Review
New Third Board Market Overview
In August 2019, the capacity of the New Third Board City went down all the way, and the number of delistings was maintained at 300, with 19 new ones. Zhongkesoft has achieved a listing of 668 million yuan as of the date of this report.
Market capacity is falling all the way
As of the end of August 2019, a total of 9,298home companies listed on the new three board, the total number of listings has fallen below the million level since May this year. The total share capital is 57.75 billion shares; among them, there are 689 innovation layers, accounting for 7.41%. Since May last year, the capacity of the New Third Board has been falling.
Table August 1-2019 New Third Board Market Overview
Figure 1-2018 August-February 1919 New Three Boards Total Equity and Listing Changes
The number of delistings has decreased this month
In August 2019, a total of 300 companies were delisted from the New Third Board. The types of delisting mainly include active application, transfer IPO, and other types due to mergers and acquisitions, information disclosure violations, etc. 86.33%. Among them, Zhongke Soft (603927.SH), which applied for transfer this month, has been listed, raising funds 668 million yuan (as of the date of this report).
(Data source: CVSource hits the data) Figure 2-2019 The new three board delisting type in August
Figure 3-2018 August-October 1919 New Third Board delisting monthly changes
Additional listings this month are based on manufacturing categories
2019In August, 9 of the 19 new listed companies listed in the New Third Board were manufacturing companies, accounting for 47% of the total, and the industry with the largest number of new three-board incremental enterprises, followed by medical health, cultural media, and corporate services. . Compared with the previous month, the number of newly listed companies has decreased significantly this month. Manufacturing companies are still the main players, medical and health companies have a higher enthusiasm for listing, and four have successfully listed in the month.
Figure 4-2019 New three-board incremental enterprise industry distribution in August
Additional listings are concentrated in the Sulu area this month
Figure 5-2019 August New Third Board Incremental Enterprise Regional Distribution
After August 2019, the New Third Board listing company and business representatives
Table 2-2019 August New Third Board listing area distribution and representative enterprises
New Three Boards Increase Market
In August 2019, although the enthusiasm for the increase was high, the implementation was set at a new low.
The size of the new three board growth market declines
In August 2019, the estimated increase is 3.8 billion yuan, far lower than the 5.9 billion yuan in the same period of last year, shrinking by 2.1 billion yuan, an increase of 216% from the previous month; , also lower than the 4.2 billion yuan in the same period last year, shrinking about 3.5 billion yuan, a decrease of 75.86%. Although the enthusiasm for this month is high, the implementation will increase to a new low in the past year.
Annual Statistics on the Issuance of New Third Board Shares from August 6 to August 2018.
Manufacturing and IT companies are setting the biggest winner this month
In Figure 7-2019, the distribution of the number of new three-board enterprises in August
In Figure 8-2019, the new three board will increase the scale of industry distribution
Adding a leaderboard
In August 2019, in terms of the plan for the increase, the total amount of funds raised in the top five fixed cases was nearly 2.2 billion yuan. Compared with the previous month, the scale of the proposed fundraising increased by five times. In addition, it can be seen that the New Third Board Company has higher expectations for fixed-income fundraising, and the top three fixed-income projects are expected to exceed the size of this month.The implementation of the fixed increase of TOP5 total of 290 million yuan; implementation of the fixed increase, the top five fixed cases raised a total of nearly 300 million yuan, only one fixed increase of more than 100 million yuan.
Table 3-2019 August New Third Board Fixed Market Raising Scale TOP5
Institutional participation in the New Third Board will drop below the $300 million mark
In August 2019, a total of 16 new three-board enterprises received institutional investment, with a total investment of 229 million yuan, down from 2.221 billion yuan in the same period last year, a decrease of 89.69% and a decrease of 88.71% from the previous month. Since May of last year, due to the impact of the big environment, coupled with the liquidity of the New Third Board itself and the diversion of the science and technology board, institutional investors in the first half of this year have not paid much attention to the New Third Board. This is also the first time that the New Third Board’s fixed-income scale has fallen below the 300 million yuan mark in the past year.
Figure 9-2018 August – 2019 August Institutional Participation in the Number and Size of New Third Boards
Institutional participation in the new three board fixed TOP10
In August 2019, institutional investors participated in the New Third Board fixed-income transaction. The highest transaction amount was the investment of Qinhua Investment in nearly 30 million yuan. The lower limit of the list on the TOP10 list this month is 999 million yuan.
Table 4-2019 In August, the agency participated in the new third board fixed TOP10
New Three Board M&A Market
In August 2019, there were 10 cases of listed companies’ mergers and acquisitions listed companies, and the industry of mergers and acquisitions was scattered. The size of the transaction case this month returned to the level before July, a decrease of 1361% from the previous month.
M&A transaction size index declines
In August 2019, there were 10 cases of listed companies’ mergers and acquisitions. The largest M&A case this month was that Sansheng Education planned to acquire a 35% stake in Evergrande Education for 273 million yuan.
List of companies listed and listed in August 5-2019
Figure 10-2018 August – 2019 August listed companies mergers and acquisitions listed company trends
New Third Board Trading Market
In August 2019, the transaction volume of the New Third Board secondary market decreased from the previous month, down 9.6% from the previous month, and the transaction volume decreased by 12.73%. The average transaction price changed little from last month. , slightly increased, the average price-earnings ratio decreased slightly from the previous month.
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