On September 2, the state announced the establishment of the Beijing stock exchange. On September 3, Beijing stock exchange Co., Ltd. was registered and established. Its business scope includes: providing places and facilities for centralized securities trading, organizing and supervising securities trading and securities market management services according to law.
Beijing stock exchange is undoubtedly the biggest hot topic in the industry in the near future, and has also brought unprecedented attention to relevant enterprises. Yang Zhe, deputy director of the public company of the SFC, said earlier that in order to implement the important instructions of general secretary Xi Jinping on deepening the new three board reform, setting up the Beijing stock exchange and creating the main position of service innovation oriented SMEs, the North exchange insisted on a more flexible trading system and implemented continuous auction trading, and there was no price limit on the first day of IPO. Since the next day, the rise and fall are limited to 30%, increasing market elasticity.
Now, the Beijing stock exchange has not been opened yet. It is expected that in the middle or end of 2022, capital has begun to pay attention to the selected enterprises on the new third board.
In recent days, beiteri, a subsidiary of Bao’an, China, is the most prominent of these selected enterprises on the new third board. At the opening of trading on September 3, beiteri, Wuxin tunnel equipment, Xingchen technology and other stocks increased by more than 29%. On the same day, beiteri’s intraday share price reached 117.23 yuan / share, and its closing price was 99.8 yuan / share, an increase of 10.67%, with a total market value of 48.4 billion yuan.
On September 7, beiteri continued to maintain its growth momentum. At present, the company’s share price has reached 129.24 yuan / share, with a total market value of 62.73 billion yuan, becoming the first stock with a total market value of more than 60 billion yuan in the selected layer of the new third board.
According to public information, beiteri was established in August 2000 as a professional manufacturer of positive and negative materials for lithium ion secondary batteries. In 2015, beiteri was listed on the new third board and promoted to the selected layer of the new third board in July 2020.
Beiteri’s main products include natural graphite negative electrode materials, artificial graphite negative electrode materials, silicon-based and other new negative electrode materials, lithium iron phosphate positive electrode materials, high nickel ternary positive electrode materials (NCA, ncm811, etc.) and other lithium-ion battery positive and negative electrode materials, which are applied to new energy vehicle power batteries, consumer electronics batteries, energy storage batteries and other fields.
In terms of customer groups, beiteri covers the international mainstream customer groups with Panasonic, Samsung SDI, lges, ski and Murata as the core, as well as the domestic mainstream customer groups represented by Ningde times, GuoXuan high tech, Lishen, Yiwei lithium energy and Penghui energy. Therefore, it can be said that the company basically covers the mainstream manufacturers in the battery market.
However, by looking at the performance of beiteri, we can find that the company is not happy in 2020. According to the financial report data, in 2020, beiteri failed to continue the previous growth momentum in net profit, and only handed over a net profit of 495 million yuan, a year-on-year decrease of 25.7% compared with 666 million yuan in 2019.
However, after entering 2021, beiteri reversed its decline. In the first half of the year alone, the company’s net profit has exceeded 730 million yuan. At the moment of the hot new energy vehicle and energy storage industry, the company still has great growth potential in the future. Now, with the help of the dividend effect of the “Beijing stock exchange”, beiteri has become a popular young student of the selected layer of the new third board. It is expected that both the performance and stock price will be further added, which can be said to be a good time to catch up.