Generally speaking, if you invest more, you must produce more in order to have a better internal rate of return and rate of return. Therefore, enterprises should reasonably determine the scale of fund-raising in the actual situation, and should not be overly exaggerated to raise more funds, nor can they be too conservative in forecasting.
In a way, the scale of the funds raised by the IPO also reflects the company's optimism about its own development.
According to wind statistics, as of Sept. 17, a total of 364 companies have raised funds in initial public offerings this year, with a cumulative total of 372.545 billion yuan, with an average of 1.023 billion yuan raised by a single company.
From a regional point of view, 66 companies have raised more than 1 billion yuan, of which 2 have raised more than 10 billion yuan, 122 have raised 500 to 1 billion yuan, and 176 have raised less than 500 million yuan.
Specifically, China Telecom Corporation is the company with the largest amount of capital raised so far this year, with an initial public offering of 54.159 billion yuan. The fund-raising is mainly invested in cloud network integration new information infrastructure projects, scientific and technological innovation research and development projects, 5G industrial Internet construction projects, and so on.
Three Gorges Energy ranks second with a fund-raising amount of 22.713 billion yuan, which is mainly used for the three Gorges new energy Jiangsu Rudong H10 (400MW) offshore wind farm project, Changle offshore wind farm area A project, Changyi Ocean Ranch and the three Gorges 300MW offshore wind power fusion test and demonstration project.
Those who raised more funds also included Shanghai Agricultural Commercial Bank, he Hui Electric, time Electric and so on, raising 8.584 billion yuan, 8.172 billion yuan and 7.555 billion yuan respectively.
The following statistics show the top 10 IPOs of A-share listings this year, of which China Telecom Corporation, three Gorges Energy and Shanghai Agricultural Commercial Bank are respectively the top three.