In the first two months of this year, the A-share refinancing operation was stable, and 153.3 billion funds were raised.
Reporter Han Yuanfei’s refinancing market has been running smoothly this year.
According to the statistics of the Shanghai Securities Journal, from January to February this year, a total of 36 companies disclosed plans for additional shares, a slight increase compared to the same period last year, and plans to raise US $ 153.3 billion;Ten thousand yuan.
Market participants said that after the introduction of policies such as “Several Opinions on Strengthening Financial Services Private Enterprises”, the market has good positive expectations for refinancing this year.
On February 27, Zhongxin Fluoro Materials disclosed the refinancing plan, intending to issue shares to Hong Kong KBA and Yaxin Electronics and pay cash to purchase 100% equity of KBA held by them, with a transaction price of USD 800 million, of which RMB 4 billionThe U.S. dollar was paid by Zhongxin Fluorocarbons by issuing shares to the counterparty, and the remaining $ 40 billion was paid by Zhongxin Fluorocarbons in cash.
At the same time, Zhongxin Fluoro Materials intends to issue shares to no more than 10 specific shareholders, including the company’s controlling shareholder Baiyun Group, to raise matching funds of no more than US $ 400 杭州桑拿网 million to pay the cash consideration of the underlying assets of the acquisition.
Zhongxin Fluoride is a microcosm of the increasingly active refinancing market.
Although the issue of additional shares is still the core product of the refinancing market, more and more listed companies favor the issue of convertible bonds, but some companies have comprehensively used the additional issue and convertible bonds to raise funds.
Such as Recco Defense, the company intends to issue a combination of convertible bonds, shares and cash payments to 6.
Purchased 100% equity of Xi’an Hengda and Jiangsu Hengda at a consideration of US $ 2.5 billion. At the same time, it plans to non-publicly issue convertible bonds and raise matching funds to no more than 3 to no more than 10 specific investors.
US $ 9.7 billion, reflecting the more flexible ways in which listed companies can raise funds.
The stability of the refinancing market is inseparable from policy changes.
On February 14, the “Several Opinions on Strengthening Financial Services Private Enterprises” proposed to increase direct financing support and actively support qualified private enterprises to expand direct financing.
Improve the stock issuance and refinancing system, and speed up the progress of private companies’ initial listing and refinancing review.