It is reported that Hebei Boshen Tools Co., Ltd. (referred to as Boshen Tools) has obtained the IPO approval from the CSRC. The application for the first application of the Boshen tool was approved by the audit committee on July 7 last year, and finally received the approval for the listing after one year.
According to the prospectus of Boshen Tools, the company plans to invest in the following projects through the fundraising plan of the company: high-performance laser welding professional diamond tool technology transformation project, low noise “drilling, cutting, grinding†"Small-scale construction machinery and equipment technical transformation project, technology center construction project. The total cost of these three projects is 4.0491 billion yuan.
The company's main business is dominated by diamond tools, supplemented by power tools and alloy tools. Its product system covers more than 2,000 varieties including “cuttingâ€, “drilling†and “grindingâ€. The actual controllers of the company are Chen Huairong, Lv Guiqin, Ren Jingjian, Cheng Hui, Zhang Shuyu, etc. The shareholding ratio (before the issuance) is more than 10%, and the total shareholding is 80.887%.
According to the prospectus of Boshen Tools, the company plans to invest in the following projects through the fundraising plan of the company: high-performance laser welding professional diamond tool technology transformation project, low noise “drilling, cutting, grinding†"Small-scale construction machinery and equipment technical transformation project, technology center construction project. The total cost of these three projects is 4.0491 billion yuan.
The company's main business is dominated by diamond tools, supplemented by power tools and alloy tools. Its product system covers more than 2,000 varieties including “cuttingâ€, “drilling†and “grindingâ€. The actual controllers of the company are Chen Huairong, Lv Guiqin, Ren Jingjian, Cheng Hui, Zhang Shuyu, etc. The shareholding ratio (before the issuance) is more than 10%, and the total shareholding is 80.887%.
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