Showchen Coatings will restart the GEM IPO program and strive for an early listing

According to Tu industry reporters learned that the exhibition
paint
in April 2010 completed the share system transformation, September 12, 2012 through the Ministry of Environmental Protection listed environmental verification, and in May 2013 entered the CSRC IPO review, but in July 2013 was terminated the review, the first round of IPO failed.
It is understood that at that time, the IPO of Zhanchen Coatings intended to raise nearly 500 million yuan, mainly used for "an annual output of 150,000 tons of environmental protection coatings and resin construction projects (to raise 297 million yuan)," "environmental paint research and development headquarters base construction projects (to raise 105 million yuan)," "marketing network construction projects (to raise 0.9 billion yuan)."
Zhanchen paint, founded in 1994, the scope of business covers furniture paint, decoration paint and exterior walls
a building coatings
and so on, is the Group who whofully owns Beijing Exhibition Chen Chemical Co., Ltd., Shanghai Fuchen Chemical Co., Ltd., Qingdao Fuchen Chemical Co., Ltd., Chengdu Zhanchen Chemical Co., Ltd., Fuzhou City Showchen Chemical Co., Ltd., Zhuhai Zhanchen Chemical Co., Ltd. and other backbone enterprises, paint planning and design production capacity of more than 200,000 tons / year. It is estimated that annual sales of about 1.5 billion yuan were achieved in 2013.
Up to now, the company has obtained 235 patents for inventions and patents for inventions, 49 design patents, participated in the formulation/revision of 19 national and industry standards for the coatings industry, 15 projects for the transformation of high-tech achievements, and undertaken 2 national torch projects, 2 national key new product projects, 1 national science and technology taskman project. Since 2008, three key enterprises located in Shenzhen, Shanghai and Beijing have been identified as "national high-tech enterprises", of which Shenzhen and Shanghai companies have also been listed by the local government as "city-level enterprise technology center."
exhibition paint impact IPO history:
, February 2001, April 2003, May 2004, November 2005, September 2008, October 2009
has carried out six equity changes.
, April 2, 2010
the shareholders' meeting of Zhanchenda agreed to set up Zhanchen Coatings Group Co., Ltd. in a holistic manner.
, May 12, 2010
Co., Ltd. registered with the Shenzhen Municipal Market Supervision Administration. In November of the same year and March of the same year, two capital increases were implemented.
, 2011
The Guangdong Provincial Environmental Protection Agency issued a letter on the preliminary opinion of the environmental protection verification of the listing of Zhangchen Coatings Group Co., Ltd., agreeing to the approval of The exhibition paint through environmental verification.
, 2010
Zhangchen Coatings issued the "Exhibition Chen Coatings Group Co., Ltd. first application for listing environmental protection verification public participation notice."
December 14, 2011 - The Ministry
Environmental Protection accepts the application materials for environmental verification of the paint.
January 5, 2012
The Ministry of Environmental Protection website published "The Ministry of Environmental Protection to carry out environmental verification work of listed companies (continued in 2011 and received in 2012)", the environmental verification application for the exhibition paint was replied by the Ministry of Environmental Protection as "inadmissible, re-preparation of the report."
, May 2012
The South China Institute of Environmental Science of the Ministry of Environmental Protection completed the re-preparation of the environmental verification report of the exhibition paint.
, June 20, 2012
The Ministry of Environmental Protection issued the Public Notice on environmental verification of the listing of Zhangchen Coatings Group Co., Ltd., with a public notice period of June 20-29.
, 2012
The Ministry of Environmental Protection issued a letter on environmental verification of the listing of Zhanchen Coatings Group Co., Ltd. through its environmental verification.
may 2013
entered the CSRC for review
July 2013
was terminated and the first IPO failed