1 thought on “Jewelry evaluation helps companies listing financing”
Patti
Guo Tao With the rapid development of my country's jewelry industry, the market competition pattern is also undergoing profound changes. If jewelry companies want to seize opportunities and complete leapfrog development, they are based on the real economy and commodity market. It is not enough to rely on the accumulation of the enterprise itself. Therefore Listing financing is a new topic that many jewelry entrepreneurs think and face, and it is also the development path for some large -scale enterprises. This financing can choose to open the stock (IPO) for the first time, or participate in the asset reorganization and backdoor listing of listed companies. Among them, IPO refers to the first time to apply for listing after being restructured to be a joint -stock company, and publicly sells shares to non -fixed investors to obtain funds; asset reorganization or backdoor listing refers Resources are reorganized and inject all or part of the assets and businesses intended to be listed into listed companies. At present, my country's jewelry companies are listed on the market to choose an IPO such as Tide Hongji (002345), Mingpai Jewelry (002574), Thousands of Foot Pearls (002173), etc., and choose the asset reorganization such as Dongfang Jinyu (600086) and Lao Fengxiang (600612 (600612) ) Golden leaf jewelry (000587) and so on. 1. Opportunities and challenges for listing financing of jewelry companies The jewelry industry is particularly special compared with other industries. At this stage, the maturity of the jewelry industry is still low, the size of the enterprise is generally small, the marketing methods are relatively single, and the market competition is fierce. To stand out and achieve the leapfrog development of enterprises, the choice of traditional jewelry companies to enter the capital market is both an opportunity and a challenge. With the establishment and improvement of my country's multi -level capital market, jewelry companies have gained unprecedented development opportunities. Jewelry companies can make large -scale financing for the company's development through listing financing and use the capital market, obtain more low -cost funds, effectively reduce financing costs, and reduce debt repayment risks; Market visibility, strengthen internal management, and promote faster development of enterprises. In addition, the original shareholders of the company's original shareholders are relatively low. After the successful listing, the phenomenon of great appreciation will also be attracted to the listing of jewelry companies. However, due to the first public offering of stocks, there are a large number of potential investors, so my country's current IPO approval procedures are complicated, the reporting requirements of securities transaction control institutions are high, and the listing costs are large, such as lawyers' fees, auditors, auditors Fees, financial advisory fees, underwriting commercial expenses, advertising publicity fees, etc. In addition, due to the management of the company's meeting from the management of the shareholders' meeting to various businesses after the listing of the enterprise, the institutionalization of information disclosure is required. Essence Although the asset reorganization is more flexible, it is difficult to completely grasp the overall assets and liabilities of Shell Company. The acquisition and operating risks are large, and the goals of capital market fundraising cannot be achieved simultaneously. 2. The role of jewelry assessment in the listing of enterprises 2012 Mid -National Jewelry and Jade Shou Jiejian Journal In order to strengthen the supervision of the listing and reorganization of jewelry enterprises, to protect the interests of investors from all parties, the China Securities Regulatory Commission, the China Securities Regulatory Commission With the Hong Kong Securities Regulatory Commission, they both paid attention to the assessment of jewelry assets of listed companies and put forward requirements. For example, the assessment of jewelry assets in the liquidation of Hong Kong Hengfeng Gold (0870HK). ) Evaluation of jewelry artworks during the asset reorganization process. In order to seek many interests for the listing of enterprises, some companies will try to fictional financial data through means of decorating performance, patching together profits. Financial data such as the listing evaluation of jewelery assets, cooperating with the company's accounting audit report and other financial data, making the information disclosure of listed companies more complete and transparent. The continuous profitability description is more credible, and it completely eliminates similar to China's first jewelry stock "Darman". Cube oxidation as a fraud as a diamond and a fictional listed company's assets. The listing assessment of jewelry assets is to protect investors with professional technical services, help the listing review process of high -quality enterprises, and protect the social reputation of the jewelry industry. 3. Relevant regulations for the assessment of jewelry assessment of listed companies n2012 Mid -National Jewelry and Jade Shouchu Yearbook Therefore, in order to strengthen the supervision and specifications of listed jewelry companies, in accordance with the "First Publicly issued shares and listed management Measures" The "Notice of the Ministry of Finance's Securities Regulatory Commission on the Management Issues of Asset Evaluation Institutions engaged in securities and futures related business", "Notice of the Ministry of Finance on Regulating Jewelry Jewelry Art Management Related Issues" and other documents, combined with the particularity of jewelry assessment, China The Securities and Futures Commission specifically put forward a requirement for the special asset evaluation agency of the company's listing and planned listed companies, and put forward the request for practicing competence. "Does listed companies need special assessment agencies to evaluate special assessment agencies in trading activities involving jewelry -related assets? What are the special requirements for the evaluation agency? "Such issues responded on the official website of the Securities and Futures Commission (): In listed companies and planned listed companies in trading activities involving jewelry -related assets should hire special institutions for evaluation Essence Institutions engaged in jewelry -related asset assessment business of listed companies need to have the following conditions: (1) Organizations engaged in jewelry jewelry art assessment business shall obtain the qualification certificate of "jewelry art assessment" issued by the financial department 3, 3 For more than one year, if the absorption and merger occur, it should also be over 1 year from the date of completion of the registration of industrial and commercial changes. (2) The quality control system and other internal management systems are sound and effective, and the quality and professional ethics are good. (3) There are no less than 20 registered asset appraisers (jewelry), of which the registered asset appraiser (jewelry) certificate (jewelry) certificate in the past three years and continuously practiced at no less than 10 people. The asset assessment agencies that have obtained securities and futures related business qualifications will be referenced by the asset -related assets involving jewelry -related assets when they are executed by the securities business. 2012 China Jewelery and Jade Shou Jiejian Yearbook
Guo Tao
With the rapid development of my country's jewelry industry, the market competition pattern is also undergoing profound changes. If jewelry companies want to seize opportunities and complete leapfrog development, they are based on the real economy and commodity market. It is not enough to rely on the accumulation of the enterprise itself. Therefore Listing financing is a new topic that many jewelry entrepreneurs think and face, and it is also the development path for some large -scale enterprises.
This financing can choose to open the stock (IPO) for the first time, or participate in the asset reorganization and backdoor listing of listed companies. Among them, IPO refers to the first time to apply for listing after being restructured to be a joint -stock company, and publicly sells shares to non -fixed investors to obtain funds; asset reorganization or backdoor listing refers Resources are reorganized and inject all or part of the assets and businesses intended to be listed into listed companies.
At present, my country's jewelry companies are listed on the market to choose an IPO such as Tide Hongji (002345), Mingpai Jewelry (002574), Thousands of Foot Pearls (002173), etc., and choose the asset reorganization such as Dongfang Jinyu (600086) and Lao Fengxiang (600612 (600612) ) Golden leaf jewelry (000587) and so on.
1. Opportunities and challenges for listing financing of jewelry companies
The jewelry industry is particularly special compared with other industries. At this stage, the maturity of the jewelry industry is still low, the size of the enterprise is generally small, the marketing methods are relatively single, and the market competition is fierce. To stand out and achieve the leapfrog development of enterprises, the choice of traditional jewelry companies to enter the capital market is both an opportunity and a challenge.
With the establishment and improvement of my country's multi -level capital market, jewelry companies have gained unprecedented development opportunities. Jewelry companies can make large -scale financing for the company's development through listing financing and use the capital market, obtain more low -cost funds, effectively reduce financing costs, and reduce debt repayment risks; Market visibility, strengthen internal management, and promote faster development of enterprises. In addition, the original shareholders of the company's original shareholders are relatively low. After the successful listing, the phenomenon of great appreciation will also be attracted to the listing of jewelry companies.
However, due to the first public offering of stocks, there are a large number of potential investors, so my country's current IPO approval procedures are complicated, the reporting requirements of securities transaction control institutions are high, and the listing costs are large, such as lawyers' fees, auditors, auditors Fees, financial advisory fees, underwriting commercial expenses, advertising publicity fees, etc. In addition, due to the management of the company's meeting from the management of the shareholders' meeting to various businesses after the listing of the enterprise, the institutionalization of information disclosure is required. Essence Although the asset reorganization is more flexible, it is difficult to completely grasp the overall assets and liabilities of Shell Company. The acquisition and operating risks are large, and the goals of capital market fundraising cannot be achieved simultaneously.
2. The role of jewelry assessment in the listing of enterprises
2012 Mid -National Jewelry and Jade Shou Jiejian Journal
In order to strengthen the supervision of the listing and reorganization of jewelry enterprises, to protect the interests of investors from all parties, the China Securities Regulatory Commission, the China Securities Regulatory Commission With the Hong Kong Securities Regulatory Commission, they both paid attention to the assessment of jewelry assets of listed companies and put forward requirements. For example, the assessment of jewelry assets in the liquidation of Hong Kong Hengfeng Gold (0870HK). ) Evaluation of jewelry artworks during the asset reorganization process.
In order to seek many interests for the listing of enterprises, some companies will try to fictional financial data through means of decorating performance, patching together profits. Financial data such as the listing evaluation of jewelery assets, cooperating with the company's accounting audit report and other financial data, making the information disclosure of listed companies more complete and transparent. The continuous profitability description is more credible, and it completely eliminates similar to China's first jewelry stock "Darman". Cube oxidation as a fraud as a diamond and a fictional listed company's assets. The listing assessment of jewelry assets is to protect investors with professional technical services, help the listing review process of high -quality enterprises, and protect the social reputation of the jewelry industry.
3. Relevant regulations for the assessment of jewelry assessment of listed companies n2012 Mid -National Jewelry and Jade Shouchu Yearbook
Therefore, in order to strengthen the supervision and specifications of listed jewelry companies, in accordance with the "First Publicly issued shares and listed management Measures" The "Notice of the Ministry of Finance's Securities Regulatory Commission on the Management Issues of Asset Evaluation Institutions engaged in securities and futures related business", "Notice of the Ministry of Finance on Regulating Jewelry Jewelry Art Management Related Issues" and other documents, combined with the particularity of jewelry assessment, China The Securities and Futures Commission specifically put forward a requirement for the special asset evaluation agency of the company's listing and planned listed companies, and put forward the request for practicing competence. "Does listed companies need special assessment agencies to evaluate special assessment agencies in trading activities involving jewelry -related assets? What are the special requirements for the evaluation agency? "Such issues responded on the official website of the Securities and Futures Commission ():
In listed companies and planned listed companies in trading activities involving jewelry -related assets should hire special institutions for evaluation Essence Institutions engaged in jewelry -related asset assessment business of listed companies need to have the following conditions:
(1) Organizations engaged in jewelry jewelry art assessment business shall obtain the qualification certificate of "jewelry art assessment" issued by the financial department 3, 3 For more than one year, if the absorption and merger occur, it should also be over 1 year from the date of completion of the registration of industrial and commercial changes.
(2) The quality control system and other internal management systems are sound and effective, and the quality and professional ethics are good.
(3) There are no less than 20 registered asset appraisers (jewelry), of which the registered asset appraiser (jewelry) certificate (jewelry) certificate in the past three years and continuously practiced at no less than 10 people.
The asset assessment agencies that have obtained securities and futures related business qualifications will be referenced by the asset -related assets involving jewelry -related assets when they are executed by the securities business.
2012 China Jewelery and Jade Shou Jiejian Yearbook