Today, according to various sources, mining machine manufacturer Jia Nan Zhizhi will disclose the prospectus near the middle and late October, and will publicly display roadshows and subscriptions at the end of October. The specific time to market will be on November 8 (the latest November 25). .
After the rough, the mining giant's listing dream has finally come true.
Sit listing, billions of valuations
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According to relevant sources, the company will go public on the Nasdaq and plan to issue 126 million new shares.
According to a screenshot of the network transmission, on October 5 this year, Jia Nan Zhizhi will open the prospectus; on October 6th, the subscription will be completed; on October 20th, the subscription will be closed; in mid-November, the public will be awarded, and at the same time, the listing will be opened.
Regarding the valuation of the company listed on the Nasdaq, an industry insider said: The overall valuation of Jianan Zhizhi is 2 billion to 3 billion US dollars, and the current estimate is PE (price-earnings ratio) 8- 10 listing, the specific valuation depends on the organization's subscription situation, the secondary market is full of confidence in the valuation of Jianan Zhizhi and future performance.
In response to this matter, Jia Nan Zhizhi officially responded that he would not comment. A veteran who deeply participated in the listing of Jianan Zhizhi analyzed that the external 1.5 billion valuation was inaccurate today, and the valuation of US stock listed companies was determined by the inquiry results of investment institutions. Another shareholder of Jianan Zhizhi said that Jianan Zhizhi’s valuation was better and the subscription was enthusiastic.
In addition, the head of the securities company said that the securities company will provide USDT deposits for new services. The person in charge of the securities company said that the news has not been officially announced, and it is not convenient to disclose the source of the news.
It can be seen that, regardless of the news from the outside world, or the attitude of the official response of Jiagan Nanzhi, they are all satisfied with the news that Jianan Zhizhi is going to the US market.
As the first miner in the domestic mining machinery giant to go to the US to market, for the time being, Jianan Zhizhi is likely to be the first company to eat crabs. However, before this, for the listing, Jia Nan Zhi Zhi is the most heart-felt and the most bumpy.
According to public records, prior to this, Jia Nan Zhizhi repeatedly tried to access the capital market through multiple channels.
In June 2016, Luyitong Electric Co., Ltd., a listed company of the Shenzhen Stock Exchange, issued a notice announcing the plan for major asset restructuring, with a proposed price of 3.06 billion yuan (including cash payment of 1.061 billion yuan and issuing shares of 1.99 billion yuan). A total of 14 shareholders bought all the shares, with a total transaction price of 3.06 billion yuan. After the transaction, it was suspended by the Shenzhen Stock Exchange because of the "backdoor".
Then in August 2017, Jia Nan Yu Zhi once again sought to be listed on the New Third Board. However, the bad luck was that in September of that year, the relevant government departments began to ban all cryptocurrency transactions and ICOs in the country. In the same year, in October and November of that year, Jia Nan Zhizhi received the opinions of the stock transfer company four times in a row, and were asked about the policy environment. The impact and ability of the company to continue to operate. Jia Nan Zhi Zhi finally voluntarily gave up the listing in March of the following year.
In May 2018, Jia Nan’s wisdom returned, and this time he chose the Hong Kong market. On May 15, Jia Nan Yu Zhi officially submitted a prospectus application to the Hong Kong Stock Exchange, intending to be listed on the main board of Hong Kong in the form of red chips, Morgan Stanley, Deutsche Securities, Credit Suisse and CMB International as joint sponsors. Six months later, the official website of the Hong Kong Stock Exchange classified Jia Nan’s listing application as “invalid”, and the road to listing was again disappointing.
Nowadays, with the official landing of the listing in the United States, Jia Nan Zhi Zhi is finally a dream come true.
Good revenue and tight share
If the winter of 2018 causes the mining machinery industry to be seriously damaged, then in this year's market recovery, the performance of Jia Nan Zhi Zhi can be described as very bright.
In March of this year, it was reported that Jia Nan Zhizhi completed a multi-billion dollar financing. At that time, Jia Nanzhi Zhifang said that he had indeed completed a new round of financing. He also claimed that he was still negotiating with many institutions in the recent round of financing. Because some investment institutions did not have time to enter, there may be next round.
Subsequently, Insight Chain released a survey on the new round of financing of Jianan Zhizhi. More than 65% of the people thought that Jianan Zhizhi could impact the industry status of Bitian. In addition, 90.5% of people think that Jianan After the transformation of the smart business, it is expected to continue to hit the market.
On March 29, Jia Nan Zhizhi announced that Avalon will bring the A10 series products to the show. In response to market demand, the new mining machine A10 will be a large computing machine with a rated power of up to 31TH/s and an energy consumption ratio of 56W/T (the lowest power consumption can reach 50W/T). Recently, people close to Jianan Yunzhi said that Jianan Zhizhi's 5nm chip has entered the research and development agenda, and a new generation of smart chips will be put into the market on a large scale. It even indicates that the mining machine production in 2020 is expected to exceed 1 million units.
In April this year, according to the Securities Times, the National Development and Reform Commission issued the "Draft for Comment" to classify virtual currency mining as a phase-out industry. The relevant responsible persons of Jianan Zhizhi and Bitland Public Relations Department said that there is no substance in the company's operation. Sexual influence.
In June, according to coindesk, Steven Moshe, director of global sales and marketing for bitcoin mining company Canaan Creative, revealed that the surge in bitcoin prices has led to increased demand and supply has been scarce. Although he refused to disclose the company's order volume, he said in an e-mail that the current situation in the industry is a decline in inventory and high demand. It seems to be returning to the third quarter and fourth quarter of 2017, when the demand for mining machines was three times the supply.
There are indications that since the beginning of this year, Jianan has made gratifying progress in both business and revenue. Based on its good business revenue and the particularity of the mining machine manufacturer's listing, the market's subscription to Jianan Zhizhi is extremely positive.
For Jianan Yuzhi to open the subscription, the investment institutions involved in private placements said that the current share of Jianan Zhizhi is very tight and has been oversubscribed twice.
Will Bitcoin be far behind?
Undoubtedly, the news that Jianan Zhizhi will be listed soon can be said to be a big profit for the industry, and for the mining machinery industry, this is also a benchmark event. At the same time, many people also thought of the mining machine manufacturer Bitian, which was originally known to be hitting the world's largest blockchain IPO.
In fact, in addition to Jia Nan’s wisdom, Bitcoin’s trip to the United States is also closely followed.
On July 31 of this year, according to Tencent’s “First Line” report, later than Jia Nan’s launch of Bit China, which was listed in the US, it is currently communicating with the SEC, but it is different from Jia Nan’s wisdom. Wisdom is listed on the New York Stock Exchange.) Bitten's more popular listing is Nasdaq.
Tencent's "First Line" said that in early July, Bitland has completed a new round of option incentives. A bit of mainland China revealed that when the last round of Bitcoland sprinted Hong Kong IPO, the company took the equity of the company's early employees, but after the end of the past year and the early turmoil of the beginning of this year, there are many key members who get the option. Already left the company. Therefore, this option incentive plan is included in a wider scope, in order to stabilize the new team after suffering a huge impact last year, and do business at the time of the bull market.
In addition, after the cryptocurrency such as Bitcoin entered the bull market again in 2019, Bitcoin has already filled in the losses caused by the bear market last year in the main business such as mines, mining machines and mining ponds.
According to the "2019 LEXUS Lexus Hurun Report" released today, in the field of blockchain, there are 3 people in Jianan Zhizhi, among which Liu Xiangfu and Zhang Nanyi are both 3.9 billion and Li Jiaxuan is 3.8 billion yuan. . In contrast, there are five people on Bitland. Among them, the Jank Group is ranked 100th with a family of 30 billion. In addition to the Jank group, 33-year-old Wu Jihan, ranked 214 with a wealth of 17 billion; Zhao Yifeng, with a net worth of 5.1 billion, ranked 816; Hu Yi said that he had a net worth of 3.4 billion, ranking 1204; Ge Yueyu was listed on the list with a value of 3.5 billion yuan.
It can be seen that even after being hit hard in 2018, Bitcoin still occupies the position of domestic mine. In addition, yesterday, Bitland also released two new ants mining machines S17+ and T17+, with a computing power of 73TH/s.
It can be said that throughout this year's performance, both in terms of volume and development, under the warming of the market, Bitumin has also begun to regain lost ground and re-launch. This is also a great benefit for its listing in the United States.
For the time being, it is still unclear when Bitcoin will be able to go public. However, the pioneer of Jianan Zhizhi has opened up a breakthrough for the mining market. From then on, the road to the listing of mining machines may not be long.
Original: Sharing Finance Neo
Source: Sharing Finance