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Is Dongpeng’s secondary listing successful? Just passed the IPO initial application!

Release time:2024-11-11click:0

On the afternoon of September 11, 2020, the official Weibo of the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") published the article "IPO Approval Issued by the China Securities Regulatory Commission", stating that it was approved in accordance with legal procedures, includingGuangdong Dongpeng Holdings Co., Ltd.This means that after nearly a year of waiting, Dongpeng Holdings will officially be listed as a listed company, adding a new member to the construction and ceramics industry. !

In fact, as early as October 24, 2019, the China Securities Regulatory Commission had approved the IPO of Dongpeng Holdings. However, in the past year, Dongpeng Holdings has not been officially listed. It was not until September 11 that the China Securities Regulatory Commission officially released the approval information, which makes people lament the "tortuous and difficult" road to its listing.

In December 2013, Dongpeng Holdings was the first domestic ceramic company to be listed on the Hong Kong Main Board;

In June 2016, Dongpeng Holdings, which had been listed in Hong Kong for three years, officially delisted from the Hong Kong Stock Exchange;

In March 2017, Guangdong Dongpeng Holdings Co., Ltd. registered with the Guangdong Securities Regulatory Bureau for guidance and registration, and made the relevant information public;

In September 2017, Dongpeng Holdings’ initial public offering prospectus;

In October 2019, Dongpeng Holdings’ listing application passed the review of the China Securities Regulatory Commission;

In September 2020, Dongpeng Holdings received IPO approval from the China Securities Regulatory Commission.

Dongpeng Holdings, which was founded in 1972 and mainly produces ceramic tiles and sanitary ware, is a quasi-listed company.

As a veteran building ceramics company, Dongpeng has considerable scale and brand influence in the industry. In recent years, Dongpeng has developed rapidly and is committed to transforming into a large home furnishing. In 2015, it established Dongpeng Home Furnishing subsidiary, which mainly provides collective procurement and one-stop services in six categories including labor, base materials, main materials, soft furnishings, furniture, and home appliances, officially announcing its transformation to "big home". It also plans to develop the "big home" business into the group's main business within five years. Dongpeng also disclosed in the prospectus that it will continue to develop in the direction of overall home furnishing, realize the transformation from "selling products" to "selling space" and "selling overall home furnishing solutions", and become a resource-saving,An environmentally friendly and personalized high-end one-stop service provider.

On the afternoon of August 31, 2020, the "New Blue Ocean, Big Brands" - the 10th China Real Estate and Pan-Home Furnishing Industry Cross-border Exhibition hosted by the China Building Decoration Association, hosted by the Material Application Branch of the China Building Decoration Association and China Ceramics Network The Industry Summit and the 2020 "Top Ten Brands of Building and Sanitary Ceramics" Award Ceremony were held grandly at the Hangzhou International Expo Center (the main venue of the 2016 G20 Summit in Hangzhou, China). During the event, Dongpeng Ceramics won the honorary title of "Top Ten Ceramic Ceramic Brands".

Dongpeng Ceramics won the honorary title of "Top Ten Tile Brands"

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