IPO Has A Bad Luck. IPO Has Lost Five.

< p > < span style= "font-size: 12px" > here the world's < a href= "//www.sjfzxm.com/" target= "_blank" > dress > /a > "target=" "129", "hat", "hat", "Xiao", "hat", "Xiaobian" and "hat" are the five most famous ones.

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< p > IPO pre disclosure deadline expired, many enterprises either fell on the queue, or in a state of suspension.

According to the latest information disclosed by the SFC, due to the expiration date of the financial information, 589 IPO enterprises changed from normal audit status to suspension review state before July 1st. At the same time, 129 enterprises started censorship this year.

The reporter will comb the five most "IPO" of investors in the army, securities companies, venture capital companies and listed companies.

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< p > < strong > luckiest < /strong > /p >

< p > < strong > Ping An Securities project "Resurrection" catch the last bus < /strong > < /p >

Before P IPO pre disclosure deadline, Ping An Securities can be described as "the most fortunate" sponsor, not one.

Prior to the "Hai Lian news suspected of financial fraud" incident spread, Ping An Securities is responsible for sponsoring the IPO projects were included in the suspension of the review team.

The latest data show that Ping An Securities finally turned over at the last minute of the pre disclosure deadline, and many of its sponsorship projects have resumed normal review.

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< p > in specific terms, the Shanxi pall pharmaceutical industry and the Yongxing special stainless steel line in the small and medium board queues have been pre disclosed and updated. That is to say, according to the new IPO audit process, the two companies will soon be able to attend the trial meeting.

It is worth mentioning that Hunan's Aihua group and pro gram bio even from the small and medium-sized board "fight" motherboard, complete the pre disclosure update.

Together with the 5 sponsor projects which were pre disclosed in June 27th, Ping An Securities had 10 single projects such as Beijing Hao Feng Chong Yuan technology, Mu Linsen, Guangdong Qiu Sheng resources and so on to catch up with the last bus smoothly.

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< p > < strong > Injury > /strong > /p >

< p > < strong > investment promotion of CITIC construction and promotion project withdrawal No. 1 < /strong > < /p >

< p > more than a year, IPO suspended the lonely empty window period, and also underwent the test of financial verification. Hundreds of projects finally collapsed outside the "feast", which made IPO investment brokerage firms hurt and cut off their large revenue source.

According to industry sources, the cost of sponsorship in IPO preparation stage is very small, and important expenses are listed.

At the same time, the cost of time and effort for each IPO project has risen sharply.

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< p > from the perspective of brokerage underwriting, the 129 IPO projects which terminate the review involve 41 brokerages.

Among them, China Merchants Securities and CITIC Securities lost the most, the most "injured" sponsors, respectively, 10 items were withdrawn, ranking first.

Guoxin Securities, CITIC Securities and Hualin securities also had 8, 7 and 6 projects terminated.

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< p > in addition, in the 589 projects which were forced to suspend, Merchants Securities and CITIC Securities were suspended more than 30 projects.

However, the above discontinued review projects will update the financial information within the prescribed time limit and submit applications for resumption of review. The SFC will resume the review after fulfilling the statutory procedures.

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< p > < strong > most depressed < /strong > < /p >

< p > < strong > several popular companies terminate censorship < /strong > /p >

< p > IPO pre disclosure deadline expired, in the last few days, IPO queuing enterprises also changed dramatically.

In July 1st, as many as 54 companies were terminated because they did not update their financial data in time and predisclosed.

It includes a number of hot companies such as Tianjin Goubuli group, Dalian Wanda Commercial real estate, Poly Culture, Westman and Dongguan bank, which have high market expectations.

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< p > from the perspective of industry distribution, the traditional manufacturing industry has become the hardest hit area for ending censorship.

The original Shanghai Jahwa team created Shanghai's herbal materia medica and Ajie Yu cosmetics company have been terminated; < a href= "//www.sjfzxm.com/" target= "_blank" > dress < /a > enterprises such as pig, Bennet, Wiseman, del Hui and so on have been censored since May.

In terms of food and beverage, the well-known IPO food companies in Tianjin, such as Goubuli, Jiangnan and Guangzhou restaurants, which were jointly declared in 2012, are now only waiting for Guangzhou restaurants to wait for trial in Guangzhou. At present, they are in a state of censorship due to the expiration of financial data.

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< p > it is worth mentioning that despite the disillusionment of the listing of listed companies, some enterprises have already begun to "find another way out".

If Huizhou Merchants Bank and Poly Culture Group have been listed on the Hong Kong stock market, the tulip advertisement, which has been on the market for 6 years, will be listed on the new cultural curve.

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< p > < strong > the most regrettable < /strong > < /p >.

< p > < strong > > 4 families have passed the meeting, the enterprise ended the journey < /strong > < /p >.

< p > IPO has been suspended for more than a year since last year, and IPO has been re opened at the beginning of the year. Some enterprises have been waiting in line for several years.

From the initial declaration, the SFC audit to obtain approval, publish prospectus and a series of processes, IPO enterprises are faced with many variables.

Unfortunately, the 129 IPO enterprises that have failed to do so are the 4 quasi listed companies that have passed the trial conference.

Information shows that Guangdong Zhujiang bridge biotechnology, Nanjing's special metal equipment, China Aviation culture, Liaoning Yikang bio 4 enterprises will appear on the list of termination review.

Among them, in December 20, 2011, he passed the trial meeting in February and waited for the issuance of approvals for more than 2 years.

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In December last year, the science and technology project of the information industry electronics Eleventh Design and Research Institute, which has been submitted to the trial committee for discussion and postponed voting, has also ended its IPO journey. More than 10 companies in the "suspension review" have been terminated by the final judgment of "P".

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< p > < strong > the hardest part < /strong > /p >

< p > < strong > PE/VC institutions have been suffering for many years waiting for the increase of cost < /strong > /p >

< p > 129 enterprises, "IPO", will undoubtedly face an awkward choice for the PE/VC investment institutions that have lurked for many years: insisting on whether to revisit or choose other exit channels. If we choose to redeclare IPO, it will be a long and hard thing to wait for hundreds of queuing forces to complete all the time.

Although there are other exit ways, such as equity pfer exit, merger exit and management buyout exit, it is not easy.

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< p > Ernst & Young statistics show that in the mainland's < a href= "//www.sjfzxm.com/news/index_s.asp" > IPO < /a > channel, PE/VC investment accounts for at least 30% of the enterprises.

This also means that at least some 200 enterprises are hiding behind the PE/VC institutions that are suffering.

Insiders said that at present, domestic PE investment, at least 80% of the projects, must be achieved through IPO.

However, it is noteworthy that, despite the restart of IPO, the trend of PE investment exit through IPO is continuing, but the rate of return has dropped sharply, and the cost of waiting for PE/VC institutions will also increase.

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