Dog ignore foods apply for listing new three board

On the National SME Shares Transfer System website, the open transfer specification of Tianjin Dogbig Foods Co., Ltd. (hereinafter referred to as “Do not ignore food”) appeared in the review information disclosure column, indicating that the dog ignored the food and officially applied for the listing of the new three boards.

At the beginning of August, it was reported that Beijing's Qingfeng steamed buns were also preparing to land in the third board. With catering companies keen to visit the new three boards accompanied by the catering business IPO most of them have collapsed, last year, the dog ignored the food parent company dog ​​ignore Group Co., Ltd. IPO has failed. It is understood that currently only Guangzhou Restaurant is lining up for IPO and wants to land on the motherboard.

Last year the dog ignored the group IPO defeat

Dog ignore food parent company dog ​​ignore Group Co., Ltd. had wanted to land the small board, but in July last year, in the "2014 annual public offering of shares to terminate the review of the list of companies issued by the Securities and Futures Commission", the dog ignored the group was shocked The column, which means that the dog ignores the temporary failure of the Group A IPO.

This application for the listing of new three-packet dog ignores food, is a subsidiary of the dog ignore group, which directly holds 99% of the shares of dogs ignore food.

At present, the main products of Dog Food are frozen buns, air-conditioned fresh-keeping buns, traditional Chinese pasta packs, and other traditional Chinese specialties, including Tianjin twists, pastries, and sauce and braised meat products.

The IPO lined up with only Guangzhou restaurants

At the beginning of August, it was reported that Beijing's Qingfeng steamed buns were also preparing to land in the third board. Some analysts have pointed out that catering companies are seeking new boards, and even using only subsidiaries to list because it is impossible to crack the "curse" of A shares.

In recent years, restaurants such as Shunfeng Food and Jingya Food have retraced the IPO. According to reporters' inquiries, only IPOs lined up to the Guangzhou Restaurant on the main board. They have disclosed the updated prospectus in August.

Yao Xuezheng, honorary deputy chairman of the Guangdong Provincial Catering Service Industry Association, pointed out that the most important reasons for catering companies failing to go through the regulatory approval of the China Securities Regulatory Commission are profitability, financial opacity and irregular management.

“The raw material purchase price management is not clear, the personnel contracts are not uniform and the liquidity is large. Leaking invoices cannot be effectively supervised, which makes the capital market feel that it is difficult for catering companies to accurately estimate the value,” Yao Xuezheng said.

Dogs ignore the fact that food is also disclosed in the open transfer specification, investors should pay attention to food safety, raw material supply and price fluctuations, gross margin fluctuations and other risks.