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Home / china / Three squirrels will have a two-year IPO road to complete a key step | _ _ _ _ Sina Finance

Three squirrels will have a two-year IPO road to complete a key step | _ _ _ _ Sina Finance



Three squirrels have a meeting, two years of IPO road to complete a key step

Beijing News (Reporter Xia Dan) On May 16, the Beijing News reporter learned that the three casual squirrel enterprises (the "three squirrels") of the zero food casual brand that was launched today had a successful meeting, two years of IPO The road completes a critical step. The prospectus shows that the three stocks of squirrels are listed on the GEM of the Shenzhen Stock Exchange, and the proposed public offering is not less than 40 million shares.

According to public information, the three squirrels were founded by Zhang Yiyuan in 2012. They are mainly engaged in R & D, testing, packaging and sales of their own branded snack foods through the OEM + e-commerce model. Network explosions. "According to the prospectus, in 2014-2016, the annual revenue of the three squirrels was 924 million yuan, 2.043 billion yuan and 4.423 billion yuan, with a compound growth rate of 118.72% , while net profit was 12.864 million yuan in 2014., increased to 237 million yuan in 2016, and net profit for the first six months of 2017 amounted to 241 million yuan.

In fact, the three squirrels after the development and growth of the IPO road are not smooth. On March 29, 2017, the three squirrels presented a prospectus to the CSRC and formally entered the capital market. On October 21 of the same year, the website of the China Securities Regulatory Commission showed that the audit status of the three squirrels was changed to "suspension review", and the three squirrels took the initiative to suspend the review.

On October 31, 2017, the three squirrels updated the prospectus (the draft, filed October 27) and the IPO application resumed the normal review. On December 8 of that same year, the CSRC announced that five companies, including three squirrels, will attend the meeting the same week. However, the China Securities Regulatory Commission issued a supplemental announcement on the night of December 12, saying that the audit committee originally scheduled to consider the first edition of the three squirrels on December 13, but decided to cancel the three squirrels because of the need more checks. Only squirrels issue audit documents for review. At that time, some media reported that the temporary cancellation of the trial did not mean that the qualifications of the three squirrels were canceled.

On June 25, 2018, the SFC website again updated the IPO status of the three squirrels, indicating that the three squirrels are entering the IPO queuing phase and their audit status is displayed as "pre-released updates."

During the IPO of the three squirrels, quality problems were exposed. On August 15, 2017, the three squirrels that were in the critical period of the listing were notified by the former Food and Drug Administration for their food safety problems. The pistachio mold is 1.8 times higher than the national standard.

Editor in charge: Chen Zhijie


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