The hottest Zoomlion H-share market raised 15billi

2022-08-16
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Zoomlion H-share IPO raised 15billion to help the company's high growth

Zoomlion H-share IPO raised 15billion to help the company's high growth

China Construction machinery information will follow the transformation from functional machine to intelligent machine

Guide: on December 23, Zoomlion, the leader of construction machinery, successfully landed on the Hong Kong stock exchange, closing at HK $16.18, which is 0.7 ~ 50 nm in diameter compared with the IPO price of 14.98 yuan Small hollow tubes with a length of a few 10 microns increased by 8.01%. The 12th Five Year Plan is beneficial to the company's business. Coupled with the accelerated urbanization speed and great space in the mainland, China's construction machinery industry has no week in 10 to 20 years

on December 23, Zoomlion, the leader of construction machinery, successfully landed on the Hong Kong stock exchange, closing at HK $16.18, up 8.01% from the bidding price of 14.98 yuan. "The 12th Five Year Plan is beneficial to the company's business. Coupled with the accelerated urbanization speed and great space in the mainland, China's construction machinery industry will have no cyclical constraints in 10 to 20 years." Zhan Chunxin, chairman and CEO of Zoomlion, said yesterday

the total number of H-shares listed and traded by Zoomlion this time is 957million, including 870million initial shares, and 86.9583 million shares transferred to the National Social Security Fund Council and converted to overseas listed foreign shares by relevant state-owned shareholders for the reduction of state-owned shares

Zoomlion will be listed in Hong Kong, raising a total of HK $15billion, which is the largest public financing of global construction machinery enterprises in recent years. Among them, Singapore Government Investment Corporation (GIC) and Soros Hong Kong fund company subscribed through international placement. This is also the second time since Soros Hong Kong fund company opened in Hong Kong to subscribe for new shares. In addition, Li Zhaoji, known as the "Asian stock god", subscribed privately, involving US $50million

behind the year-on-year increase of about 22.5% in international capital, the subscription of tycoon FireWire is the current situation of Zoomlion's strong strength and beautiful performance, and the expectation of the rapid and sustainable development of the construction machinery industry. The latest performance forecast of the company shows that the company will realize a net profit of about 4.3 billion yuan this year, an increase of 80 times over 2000

looking forward to the future, Zhan Chunxin, chairman of Zoomlion, predicted optimistically yesterday that China's construction machinery industry will have no cyclical constraints in the next 10 to 20 years because the "12th Five Year Plan" is beneficial to the company's business, coupled with the accelerated urbanization speed and large space in the mainland. He believes that under the background of promoting affordable housing, high-speed rail development, water conservancy construction and environmental protection business in China, the main business of the company will continue to maintain high-speed development

it is understood that Zoomlion's H-share raised funds this time are mainly used to expand the company's international business; Build and adjust or increase or decrease the sizing block under the machine base to improve the company's domestic and foreign marketing network, service system and support system

"according to the sales revenue rather than the accounting statistical algorithm of listed companies, Zoomlion's revenue this year is 50billion yuan. In 2015, the company's goal is to reach 100billion yuan." Qiu Shiliang, a researcher at GF Securities, said, "if the development is accelerated through acquisition, or multiple refinancing and other measures, the company's 100 billion goal is completely possible to be achieved on schedule."

Zhan Chunxin said that rich experience in mergers and acquisitions is the advantage of Zoomlion and the booster of the company's internationalization. If there are suitable enterprises and opportunities in the future, the company will continue to consider overseas mergers and acquisitions

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