Titanium dioxide enterprises need to actively respond to the stock registration system

<

Listing has always been a dream for many paint companies, and many companies are actively preparing for the capital market. For coating companies, listing can expand the brand's influence. The influence of a company’s brand lies not only in its product design, service, and maintenance, but more importantly, the company’s popularity. Listing will not only increase the visibility of the entire company, but also achieve the purpose of expanding the influence of its own brand. Second, paint companies can get more money through listing. In the face of such a huge temptation, major companies have invested heavily in the ranks of listed companies. It is understood that among the companies preparing for IPO in the first half of the year, there are not many paint companies, only Suzhou Shiming Technology Co., Ltd. and Zhuzhou Fei. Delu High-tech Materials Co., Ltd., two of which Zhuzhou flying deer has been rejected due to performance problems, Suzhou Shiming is currently submitting initial public offering of shares prospectus, we will continue to focus on specific circumstances.

Among all listed companies, it is not difficult for us to find many paint and titanium dioxide companies. The coatings and titanium dioxide industries are all polluting industries. Environmental issues have always been the biggest bottleneck faced by coatings and titanium dioxide companies. In recent years, many coatings and titanium dioxide companies have been wiped out due to environmental issues and the market. Over. First of all, we review the tough road to market for coatings and titanium dioxide in China in recent years.

Sichuan Longsheng listed: In 2009, Sichuan Longxi Titanium Industry Co., Ltd., a leading titanium dioxide company in China, applied for listing on the Shanghai Stock Exchange. However, in August of the same year Sichuan Longxi Titanium Industry Co., Ltd. declared failure to market due to environmental issues. In 2012, a new round of IPO offensives was launched. The difference is that the place of listing was changed from the Shanghai Stock Exchange to the Shenzhen Stock Exchange, but it was counterproductive. It was again rejected in March 2014 and the reason for being denied was almost the same as it was four years ago. In the end, Sichuan Longsheng was acquired by Henan Lili Union in June 2015.

Shandong Dongjia listing road: As early as March 2010, Shandong Dongjia planned to raise funds for listing on the SME board, but ultimately failed to obtain the approval of the China Securities Regulatory Commission's approving committee and the IPO failed. In November 2011, Shandong Dongjia made a comeback and returned to the IPO. Unfortunately, in 2014 Shandong Dongjia re-IPO died. For the IPO failure, the official explanation provided by Shandong Dongjia was to abandon the listing and the China Securities Regulatory Commission conducted a random inspection. Irrelevant, the reason for abandoning the listing is because the waiting time is too long. Now the titanium dioxide industry is in a downturn. Even if the IPO is successful, the issuing price will not be too high. If the issue price does not reflect the value of the company, it is better to give up.

Garboli Chemical Group is listed on the road: In 2012, the famous domestic coating company Carpoly was listed on the low-profile market, but on October 26, 2012, according to the data released by the China Securities Regulatory Commission in the evening, it declared the first IPO of the Garbo Chemical Group. Failure, the ultimate dream breaks. For the reasons for this IPO failure, Garbo Chemical Group did not make any official explanation.

The exhibition channel of Zhanchen Coatings: Zhanchen Coatings completed the reform of joint-stock system in April 2010. On September 12, 2012, it passed the environmental protection verification by the Ministry of Environmental Protection and entered the IPO review of the China Securities Regulatory Commission in May 2013, but by 2013, In July, it was discontinued and the first round of IPOs failed. For the reasons for this IPO failure, Zhanchen Paint did not make any explanation.

When a home paint and titanium dioxide company fell on the road to IPO, it also daunted many small and medium-sized paint companies with a dream to market. The review of the Securities and Exchange Commission is an insurmountable threshold for many paint companies. However, with the deepening implementation of the state's simple and decentralized policies, the SFC's intervention in listing companies will be reduced. Premier Li Keqiang pointed out in his government work report on March 5 that the reform of the stock issuance registration system will be implemented in 2015. This means that the registration system reform will be officially launched and the Chinese stock market will enter a new stage of development. Compared with the examination and approval system, the main feature of the registration system is that the China Securities Regulatory Commission no longer endorses the quality of the listed company, and the decision on the issuance and listing of the stock is transferred to the exchange, and the market and investors determine whether the company is good or bad. This will effectively reduce the regulatory pressure on the Securities and Futures Commission, reduce the approval process for listing companies, promote exchanges between exchanges, and help more companies enter the Shanghai and Shenzhen stock markets.

The implementation of the registration system is a good news for coating companies and titanium dioxide enterprises, which will further accelerate the pace of listing of domestic medium-sized paint companies. In the future development, not only leading companies will be able to list and issue shares, but also small and medium-sized coatings. And titanium dioxide companies can also be listed on the stock market, as the more polluting coatings and titanium dioxide companies will face some difficulties in the future market, it is expected that after the implementation of the registration system, Shandong Dongjia will return after three years of silence. Listing, if the successful listing of Shandong Dongjia, then the domestic leading titanium dioxide companies have all entered the capital market, which will play a significant role in promoting the development of titanium dioxide industry in the future.

Although the listing of domestic coatings and titanium dioxide companies is no longer a difficult task after the implementation of the registration system, it will face even greater challenges after being listed. In the past, as long as it passed the review by the Securities Regulatory Commission, the future needs to be rewarded Thousands of market testers. For small and medium-sized companies, if they are inadequately prepared and the governance mechanism is not perfect, it is likely that they will face the exit from the market in the near future. Therefore, the company's development will be submitted to the market for review, which puts forward higher requirements for the development of coatings and titanium dioxide enterprises, which will further accelerate the reshuffle of coatings and titanium dioxide industries.

Although listing can give a great impetus to the future development of coatings and titanium dioxide enterprises, it is believed that coatings and titanium dioxide companies, whether they are listed or not listed, need to improve product quality and improve their overall strength. Is the king of business development.

Oil contaminated Waste processing Plant is one of the most effecient project to process with all kinds of wastes without any second-pollution problems: we could get energy from it if there are oils or Hydrocarbon included; or there are some recycling gas as fuel for this system if there are still gases after cooled down; the rest will be mostly carbon blacks which could be sold to be further refined into N330 or N660 etc. 



Waste Oil Mud Processing Machines

Oil Sludge Processor,Oil Mud Pyrolysis Machines,Oil Contaminated Waste Processing Plants

Henan Lanning Technology Co., Ltd , https://www.lanningrecycling.com