02499 FOLANGSI
- 15.500
- -0.020-0.13%
FOLANGSI News
Is the ban on inflated valuations+restricted shares lifted, and the outstanding performance of Francis Shares (02499) was abandoned by the market?
Francis Shares (02499), whose stock price is still hovering around the issue price, is about to face a new test. The Zhitong Finance App observed that Francis shares were listed on the Hong Kong stock market on November 10, 2023, and introduced a cornerstone investor, Liugong Machinery Hong Kong Co., Ltd., in the global sale. The cornerstone subscribed 7.633,200 H shares of Francis shares at an issue price of HK$14.28, at a cost of HK$109 million, accounting for 62.90% of the number of shares offered globally, and 2.19% of Francis's issued share capital after the global sale was completed. The lifting of the ban on restricted stocks is like a flood, and the market is often in turmoil
佛朗斯股份：2023 年年報
Folangsi Posts Decline in Fiscal 2023 Net Profit
Folangsi Co (HKG:2499) recorded a decline in its net profit to 31.2 million yuan in the fiscal year ended Dec. 31, 2023, against 35.40 million yuan a year ago. Earnings per share contracted to 0.09 yu
Francis Shares (02499)'s net profit fell 11.81% last year without dividends
Jinwu Financial News | Francis Shares (02499) announced that for the year ended December 31, 2023, net profit recorded a net profit of RMB 31.22 million (RMB, same below), a year-on-year decrease of 11.81%. The basic profit per share was 0.09 yuan, without dividends. During the period, revenue was recorded at $1,194 million, an increase of 14.9% over the previous year. By business, revenue from the on-site logistics equipment subscription service business increased by about 3.9% to about 767 million yuan; revenue from the maintenance and repair service business increased by 31.8% to about 186 million yuan; revenue from the on-site logistics equipment and accessories sales business increased by 33.0% to about 4 million yuan
Francis Shares (02499.HK)'s 2023 revenue reached 1.37 billion yuan, and adjusted net profit almost doubled
On March 20, GLONGHUI Co., Ltd. (02499.HK) announced its annual results. For the year ended December 31, 2023, revenue was approximately RMB 1,371.8 billion, up 14.9% year on year; net profit was approximately RMB 31.2 million, and adjusted net profit was approximately RMB 70.4 million, up about 98.9% year on year. The company is a leading provider of on-site logistics equipment solutions in China. It has established a market position in the industry and provides services covering the entire life cycle of on-site logistics equipment, including equipment subscription, maintenance, and disposal. As of December 31, 2023
FOLANGSI: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023
FOLANGSI: NOTIFICATION OF BOARD MEETING
Folangsi Forecasts Higher Profit for 2023
Folangsi Co (HKG:2499) said that it expects an adjusted net profit of around 68.8 million yuan to 72 million yuan for the year ended December 2023, as compared to a profit of about 35.4 million in the
Francis Shares (02499.HK) Yingxi: Expected adjusted net profit of 68.8 million to 72 million yuan in 2023
Glonghui, March 1 | Francis Co., Ltd. (02499.HK) announced that for the year ended December 31, 2023, the Group is expected to record a net profit of approximately RMB 29.6 million to approximately RMB 32.8 million. After excluding the impact of listing expenses related to the Group's listing (which the Group management considers to be non-operating or non-recurring expenses) totaling approximately RMB 39.2 million, the Group's adjusted net profit is between approximately RMB 68.8 million and approximately RMB 72 million for the year ended December 31, 2022 Profit is approximately RMB 35.4 million
FOLANGSI: POSITIVE PROFIT ALERT
France Shares (02499.HK): The end of the price stabilization period, no price stabilization action, and the expiration of overallotment rights
On December 4, Glonghui, France Co., Ltd. (02499.HK) announced that the price stabilization period relating to global sales ended on December 3, 2023 (Sunday) (that is, the 30th day after the deadline for submitting applications for public sale in Hong Kong). Since international sales do not involve excessive allocation, price stabilization operators are unable to act to stabilize prices on global sales during the price stabilization period. Since the international sale did not involve overallocation, the exclusive overall coordinator (for itself and on behalf of the international underwriter) did not exercise over-allotment rights during the price stabilization period. The over-allotment rights were already in December 2023
France: The scarce “first stock of on-site logistics equipment solutions”, leading new investment opportunities in the digital economy
Over the past decade, the wave of digitalization has been rolling in at an unprecedented rate. Especially in recent years, the impact of the pandemic has made the importance of digital transformation more and more prominent. A large number of enterprises around the world have increased their investment in digital solutions to reduce personnel contact during production and operation activities. In the process, marketing education on digital solutions was completed quickly, and most people realized the benefits of digital solutions. Accordingly, over the past ten years, the global capital market has given birth to a number of dark horses that have excelled because they have benefited from the digital wave. Among them, United Renta (United Renta), the leading logistics equipment track in the field
[IPO] France Shares (02499) closed at HK$14.76 at an initial listing price of 3.36% higher than the prospected price
Jinwu Financial News | France Shares (02499) initially closed at HK$14.76, 3.36% higher than the offering price. It traded 1.37 million shares throughout the day, with a turnover of HK$20.3014 million. No handling fees, 200 shares per lot, a book profit of HK$96. The stock's initial opening price in early trading was HK$15.48, which was 8.4% higher than the offer price. At the same time, it was the highest price for the whole day, with the lowest price at HK$14.3. The latest total market capitalization is HK$5.137 billion.
[IPO] France shares (02499) priced at HK$14.28, first-hand winning rate 20%
Jinwu Financial News | France Shares (02499) announced the prospectus results. The price per share is HK$14.28, 200 shares per lot, with a winning rate of 20% for the first lot. If you subscribe for 9 lots, you can win one lot steadily. The shares are expected to be listed on November 10. The stock received 4,939 valid applications during the Hong Kong public offering phase, which was overbought by about 6.8 times; the international offering portion received 0.37 times. Based on HK$1,428 per share offered, the net amount of proceeds from the global offering to be collected by the Company is estimated to be approximately HK$116 million. The company plans to use 45.0% to enhance the company's service capabilities, improve customer coverage and expansion
France Shares (02499.HK) is expected to be listed on November 10 at a price of HK$14.28 per share
On November 9, Glonghui Co., Ltd. (02499.HK) announced that the company will sell 12.136,000 shares globally, 1,213,600 shares sold in Hong Kong, China, and 10.922,400 shares internationally; the sale price is HK$14.28 per share, with each trading unit of 200 shares; Haitong International is the sole sponsor; it is expected that the shares will be listed on the main board of the Stock Exchange on November 10, 2023. The Hong Kong offering shares initially offered for sale under the Hong Kong Public Offer have been slightly oversubscribed. A total of 4,939 valid applications have been received, and a total of 946 subscriptions have been received.
Hong Kong IPO Market: In the first ten months of this year, 52 companies were listed in Hong Kong, causing the share of “green shoes” to gradually rise
In the first ten months of 2023, there were 52 newly listed companies in Hong Kong, raising $31,673 billion (HK$, same below). The number of new listings was 10 fewer than the same period last year, and the amount raised decreased by 53.435 billion, or 62.80%, year on year. Among them, in February and August, there were two IPOs with zero IPOs. This has not happened in many years.
Understanding France's (02499.HK) IPO in one picture
According to reports, France (02499.HK), the first stock company in China's market logistics equipment solutions, has begun a public offering. France will sell 200 shares per lot for no more than HK$16.18, with an entry fee of approximately HK$3268.63. The company will end its prospecting period on November 3 and is scheduled to go public on November 10. Among them, a wholly-owned subsidiary of Liu Gong (000528.SZ) subscribed for about 100 million yuan as a cornerstone investor. The following is a picture to understand France's (02499.HK) IPO.
At the time of the France (02499.HK) IPO: the leader of the boom circuit, the cornerstone investor Liu Gong subscribed for 100 million yuan
Under the characteristics of “good track+good driver”, the company's investment value is worth paying attention to.
IPO Interpretation | France (02499) opens IPO to decipher “China's first stock of on-market logistics equipment solutions”
At a time when China's on-market logistics equipment solutions market is full of blue ocean potential, the time for France, the “big brother” of the industry, to enter the capital market is right.
[IPO] From now on, France Shares (02499) has an entry fee of HK$3,268.63
Jinwu Financial News | France Shares (02499) is now offering shares and plans to issue 12.136,000 H shares, of which 10% will be publicly sold in Hong Kong and the rest will be placed internationally. The offer price per share ranged from HK$14.18 to HK$16.18, 200 shares per lot, and an entry fee of HK$3,268.63. Haitong International is the exclusive sponsor. The shares are expected to be listed on November 10. The company is a leading provider of on-site logistics equipment solutions in China. It mainly provides on-site logistics equipment subscription services, maintenance services, and on-site logistics equipment and accessories sales. The company plans to raise 45 net capital
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