Traditional Culture Encyclopedia - Hotel accommodation - Can Yangzhou Jin Shiyuan A-share be listed?
Can Yangzhou Jin Shiyuan A-share be listed?
The signing ceremony of the initial public offering between Jiangsu Jin Shiyuan Company and Minsheng Securities was held in Changqing Hotel. Feng Henian, chairman of Minsheng Securities Co., Ltd., Zhang Tong, secretary of the district party committee, Feng Wei, district head, and Yang Deyin, member of the Standing Committee of the district party committee and secretary of the Political and Legal Committee, attended the event. Jiang Rong, member of the Standing Committee of the District Party Committee and executive deputy district head, presided over the ceremony. Jiangsu Jin Shiyuan Company is a key enterprise in Xiaoji Town, specializing in the research and development and production of natural latex products. The company is a high-quality supplier of well-known enterprises such as Gujia Home, Xilinmen, Mousse and Xiaomi. The company actively participates in the construction of the "Belt and Road". The annual production and sales volume of the Thai subsidiary exceeds 500 million baht, which is appreciated by State Councilor Wang Yong and praised by Xie Zhengyi, secretary of the Municipal Party Committee, as the "wind vane" for Yangzhou enterprises to invest and develop in Thailand. Minsheng Securities is one of the earliest securities companies established in China, and has provided IPO or refinancing services for more than 600 listed companies.
Listing is a term in the securities market. In a narrow sense, listing, that is, initial public offering, refers to the process that enterprises issue additional shares to investors for the first time through the stock exchange in order to raise funds for enterprise development. When a large number of investors subscribe for new shares, they need to draw lots for allotment, which is also called drawing new shares. Investors who subscribe expect to sell at a price higher than the subscription price.
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