Tai Ya Shoes Is Listed On Shenzhen Stock Exchange Today.

　 　 Thailand shares Today in Shenzhen Stock Exchange listing This will also be the thirtieth listed companies in Jinjiang, capital market ". Jinjiang plate It has begun to take shape.

Yesterday, from the Jinjiang listing office, it was learned that after Jinjiang's shares, there will be a number of enterprises listed on the domestic capital market. "If it goes smoothly, there will be four enterprises in Jinjiang in the first half of next year." Liu Xiangyang, deputy director of Jinjiang Economic Development Bureau and deputy director of the listing office, told reporters.

　 The average target price of the institution is 21.87 yuan.

Thailand shares main sports shoes sole development, production and sales, products mainly supply domestic brand sports shoes company, is one of the leading brands of sneakers in Quanzhou area, in the 2007-2008 year, the company occupies 3.57% and 4.10% in the sole Market of sports shoes. The IPO2210 million shares are used for the production of 20 million pairs of sports shoes soles. After the release, the natural person Lin Xiangwei and Wang Yan e are the actual controllers of the company.

For Tai Ya shares, institutional investors gave a low valuation. Panoramic network statistics of 4 brokerages forecast an average price of 21.87 yuan, of which Zhejiang Merchants Securities gave a prediction limit of 26 yuan, Guoxin Securities gave a lower limit of 17.32 yuan.

Zheshang Securities believes that the company has the advantages of R & D design and location advantages of industrial clusters. It is expected that the company will achieve earnings of 0.45 yuan, 0.59 yuan and 0.89 yuan per share in the next 2010-2012 years, with a reasonable stock price of 24 yuan.

Guoxin Securities believes that the continuous development of downstream listing of large brand shoe companies has created favorable conditions for the gradual release of the company's capacity. It is estimated that the company's EPS will be 0.47 yuan, 0.69 yuan and 0.83 yuan for 2010-2012 years, with a reasonable value of 17.32~21.76 yuan.

　　 Driving the tide of listing in Jin Enterprises

As the first enterprise to list in the domestic capital market after the plum blossom umbrella was listed in Jinjiang in 2007, the successful listing of Thailand shares will lead to a surge in the listing of Jinjiang enterprises in China.

"After Tai ya, there will be more companies in Jinjiang choosing to list in China. At present, four enterprises have submitted relevant materials to the China Securities Regulatory Commission. If it goes smoothly, the four companies will be listed in the first half of next year. Liu Xiangyang told reporters.

In Liu Xiangyang's eyes, the territory will gradually replace Hongkong and Singapore, Malaysia and other places, becoming the first choice for Jin enterprises to visit the capital market. "On the one hand, it is listed in the domestic market, and the value of the enterprise can be well reflected. For example, the price earnings ratio of Thailand shares has reached 66.67 times, and the fire price earnings ratio of Tianguang has been nearly 70 times. The high P / E ratio of domestic capital market is incomparable to that of overseas capital markets, and the value of enterprises can best be reflected if they choose to be listed in China. Liu Xiangyang said.

And the slow progress of the domestic listing process, which has plagued enterprises, has improved very well over the past two years. Take the Tai Ya stock as an example, the company completed the share reform in the second half of 2007, and went public this year, but the whole time is less than three years. "This has been a long delay. One of the four Jinjiang companies sent to the SFC was completed by the end of last year. If the listing could be successfully launched in the first half of next year, the whole listing process took only a year and a half. Liu Xiangyang said.

Therefore, Liu Xiangyang suggested that enterprises should choose not to focus on those offshore capital markets. "In the domestic market, enterprises can get the best valuation, and the process of listing has also accelerated a lot, for enterprises, this is quite good news."