Heguo Mining Co., Ltd. was invited to participate in the "2018 China (Hefei) Summit Forum on Promoting High Quality Development"

Heokuang Co., Ltd. was invited to participate in the "20th Meeting of the Soil Environment Professional Committee of the Chinese Soil Society" and "Symposium on Farmland Soil Pollution and Remediation"

Learning from President Xi's Ecological Outlook on Development and Steadily Promoting the Green Strategy of Hecco

Anhui HeMine Environmental Technology Co., Ltd. undertook the successful completion of the soil remediation project of Sanmen County Chemical Co., Ltd.

To the 19th National Congress of the Communist Party of China, China's first independent research and development of "soil remediation integration equipment" press conference was successfully held

China's first "soil remediation integration equipment" press conference

New three-board environmental protection forces began to take shape in 2017 or meet the IPO potential explosion

Release time:

2018-08-20

[China Environmental Protection Online Market] After more than two years of listing, the environmental protection sector of the New Third Board has a considerable scale. As of November 2016, the size of the environmental protection sector has reached 375. However, from an incremental point of view, the number of new environmental protection companies listed and the volume of assets have narrowed significantly in recent months. The industry believes that the long-accumulated IPO potential energy is likely to break out next year, and 2017 may become a new "listing year for environmental protection companies".

In November, 13 environmental protection enterprises listed the new three boards. The scale of the environmental protection sector has reached 375, becoming a solid "middle class" in the industry, but from an incremental point of view, this wave of corporate listings has subsided. In addition to the obvious decrease in the number of companies to be listed that have not yet landed in the capital market, this is also related to the acceleration of the IPO process and the gradual dredging of the IPO barrier lake. Yumo Consulting believes that the long-accumulated IPO potential energy is likely to break out next year, and 2017 may become the new "year of listing of environmental protection enterprises".

Macro Trends

By the end of November 2016, there were 375 environmental protection enterprises in the new three boards. The total assets of the enterprise are close to 70 billion yuan. After more than two years of listing, the environmental protection sector of the new third board has a considerable scale. These environmental protection companies with assets ranging from tens of millions to more than one billion yuan (or even billions of yuan) have become the link between the past and the next in the industrial pattern. Dle class '. For investors, this is a target library for discovering high-growth companies; for environmental giants, this is an incubator for business chain expansion and the layout of new business subsidiaries; and for the companies in it, this It is both a big show of itself and a public space for understanding potential competitors and partners.

However, from an incremental point of view, the number of new environmental protection enterprises listed and the amount of assets in recent months have obviously narrowed (13 enterprises listed in that month, with total assets of 0.89 billion yuan), and since June this year, no new environmental protection enterprises have entered the innovation layer, which shows that this wave of enterprise listing tide has subsided. Yumo Consulting believes that there are three main reasons for this phenomenon: First, the total number of companies listed on the New Third Board has reached 10,000, the problem of companies and funds is still unresolved, and the enthusiasm for listing and financing of companies has obviously declined; second, the capital has not been listed The number of listed environmental protection companies in the market has been significantly reduced, and the potential customer base of the New Third Board has been relatively limited; third, the IPO review and issuance process has begun to speed, in November, the IPO approval issued by the CSRC has increased from two to three batches, and nearly 40 enterprises have been approved each month. The IPO barrier lake has a trend of gradual dredging, and environmental protection enterprises with higher goals will be more willing to choose the IPO road.

In a word, before the big changes take place, the new three-board environmental protection plate should gradually be fixed at the scale of 400-500 enterprises. In terms of A- shares, which are on the rise and fall with it, the increase in IPO has allowed more than 20 disclosed companies that have been waiting in line for a long time (and of course investors waiting to exit) to see the light. Yumo Consulting believes that the long-accumulated IPO potential energy is likely to erupt next year, and 2017 may become a new "environmental protection company listing year".

Watch Tip: Niche Market is a shortcut for the development of small and medium-sized environmental protection enterprises.

A more and more clear reality in front of the industrial people is that in the market environment where a large amount of capital is involved and the PPP model is fully rolled out, environmental protection enterprises have been divided into two distinct groups according to the nature of the company, the background of the management and the ability of capital operation. With special resources and strong strength, the increasingly strong market-oriented "new state-owned enterprises" have separated themselves from small and medium-sized environmental protection enterprises and private-funded environmental protection enterprises in terms of development speed. The market space of the latter has also been significantly compressed, which is directly reflected in the weak growth of financial data such as revenue and profits of such enterprises. In this context, how to find a suitable development path will become the key for small, medium and private environmental protection enterprises to seek growth and even survival. For these enterprises that are weak in capital and special resources, finding a niche market that suits them may be one of the effective strategies to break the situation.

At present, all kinds of environmental protection policies and standards are in the process of continuous improvement, and a market segment is likely to be opened by a national or regional policy. In addition to the traditional battlefield of municipal sewage, industrial sewage and other environmental protection industries, small enterprises and new enterprises seize the emerging market segments with lighter volume and business flexibility, which may be a good move to open up their own survival and development space in one step. And this may also be the main reason why the new third board listed environmental protection companies show far more richness than A- share listed companies.

Original title: 2017 or new "environmental protection enterprise listing year" IPO potential or will erupt (with deletion)

(Source: Yumo Umore Shi Fangbiao)

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New three-board environmental protection forces began to take shape in 2017 or meet the IPO potential explosion

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