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Two Far East Invested Enterprises Pass IPO Applications, Listed Enterprises Have Eye-Catching Perfor

Date time:2017-05-08点击量:759作者:

Far East Holding Group Co., Ltd., the global investment management expert, insists on the enterprise development strategy of "main business + investment” and puts emphasis on investing such industries and enterprises as Smarter Energy, smart city, universal healthcare, massive consumption, great culture, food & beverage, advanced manufacturing industry, industrial automation, TMT and cloud computing. In April 2017, Far East invested enterprises succeeded again in capital market: Xiamen Hongxin Electron-Tech Co., Ltd. (Hon-Flex for short) applied for IPO and won the approval for share issuing, and Nanjing Huamai Technology Co., Ltd. (Huamai Tech for short) also applied for IPO; listed enterprises had excellent performance in 2016 and the Q1 of 2017.

On April 18, 2017, Hon-Flex and three more enterprises applied for IPO. On April 28, China Securities Regulatory Commission issued approvals for 10 enterprises including Hon-Flex. It means that Hon-Flex will launch in A-share capital market formally in the near future.

Hon-Flex was founded in September 2003 with a registered capital of RMB 78 million. Its holding company Xiamen Hongxin Entrepreneur Incubator Investment Co., Ltd. is one of the most successful domestic platforms for integration of mobile Internet industrial chain. With a general registered capital of over RMB 5 billion and almost 100 investment holding, share, and alliance enterprises, it generated a turnover  exceeding RMB 10 billion in 2013.

Hon-Flex is a high-tech enterprise which specializes in research & development, design, manufacture and sale of Flexible Printed Circuit board (FPC), and is the one and only supporting institution of Fujian Provincial FPC Engineering and Technological Research Center. The company has a standard and efficient OMS which has passed ISO9001 Quality Management System, ISO14001 Environment Management System, QC080000 Hazardous Substance Process Management System, TS16949 Quality Management System and OHSAS18001 Occupational Health and Safety Management System.

Hon-Flex always adheres to the operation principle of “integrity, excellence, cooperation, and development”. In accordance with the strategy of customer-oriented, the basis of good quality, reasonable price and superior service, the target of constant self-transcendence, and the development guideline of “quality strategy and brand strategy”, it incessantly digs in serving domestic brand customers and developing international brand customers.

On April 24, 2017, Huamai Tech and other four enterprises applied for IPO, and recently, it will formally step into capital market.

Huamai Tech was founded in 1998 and located in an elegant and graceful city--Nanjing Municipal, Jiangsu Province, an ancient capital for 10 dynasties. The company is situated in Dongshan International Business R&D Park, Jiangning District with a registered capital of RMB 102 million. It is a joint-stock private enterprise which specializes in the research & development, design, manufacture and sale of communication wiring equipment, IBMNET, equipment and assembly parts of FTTX optical fiber series, indoor distributed system and microwave passive components.

The overall arrangement of company is achieving the joint development of optical fiber communication and wireless communication. As a domestic advanced communication network physical connecting equipment manufacturer, the company boasts products and services such as communication power supply serial products, intelligent fiber port management system, intelligent cable management system, outdoor communication device optical passive remote monitoring system, and communication base station bypass protection system, providing domestic and overseas telecom operators, major telecommunication equipment manufacturers and network integrator with top-ranking products and general intelligent ODN solutions in terms of communication network connections, distribution and protection Its wireless communication products like base station antenna and all kinds of microwave passive components as well as POI equipment are applicable to 2G, 3G, 4G communication network and are the indispensable parts in mobile communication. The company establishes long-term stable cooperation with four operators-- China Telecom, China Mobile, China Unicom and China Tower, and its products are widely applied  to communication public network and special communication networks for army, electricity, radio & television, public security, coal, petrochemical, railway and rail transit, etc. In virtue of the perfect domestic and overseas distribution channels & service network and bridle-wise professional marketing team, the company provides customers with 24/7 products consulting and after-sales service.

The above-mentioned two new enterprises having the qualification to issue shares are both invested by Far East through Shanghai Financial Sector Investment Fund, which is a PE Fund launched and set up by Shanghai Ginpu Capital, Far East Holding Group, Huatai securities, Jiangsu Shagang Group Co., Ltd. and other well-known enterprises. Since its establishment, the Fund has invested numerous domestic projects of high quality, such as Industrial Bank, Guotai Junan Securities and Sinobioway Biomedicine.

Far East Holding Group constantly creates achievements and excellent results in overall investment. Up to April 30, 2017, the total number of Far East invested enterprises and listed enterprises respectively reached 339 and 91 (involved 28 NEEQ enterprises), and two enterprises  have passed IPO applications and waiting for share issuing rights as well as 14 pre-announced enterprises. The 91 listed enterprises already published their annual reports of 2016 and reports of 2017 Q1, which showed a brilliant performance. In terms of annual net profit in 2016, 12 enterprises archived a year-on- year growth of 50%-100%, nine enterprises of 100%-200%, and three exceeded 200%; as for net profit growth of 2017 Q1, six enterprises reached 50%-100% compared with the same period last year, four enterprises between 100%-200%, and four beyond 200%.

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