Founder Technology’s reorganization is very likely. The main reasons are as follows:
1. Gansu Province wants to improve the quality of listed companies and it is necessary to list high-quality companies. As early as 2006, the Gansu Provincial Economic Work Conference proposed the listing of Jinchuan Nickel Industry and Northwest Chemical Industry restructuring issues.
2. IPO has been suspended for 5 months, and listing on the GEM will definitely be given priority for at least the next 6 months. Therefore, if Jinchuan Nickel wants to go public, it is better to take the backdoor route.
3. Paint is a sunset industry. Northwest Chemical's main business is paint. Let Shell be the better choice for its future development.
4. Northwest Chemical's share capital structure is single, with a total share capital of only 200 million and only one major shareholder with 80 million shares. In addition, there are futures companies whose metal futures trading functions are enough to make Jinchuan Nickel drool. Nickel is a very active species in the futures market. As China's largest nickel merchant, Jinchuan Nickel, which holds a large amount of spot goods, is able to arbitrage in the futures market with ease.
5. Many executives of Northwest Chemical are from Jinchuan Nickel. This background in human relations paved the way for a smooth reorganization.
Founder’s financial services are practitioners of the integration of industry and finance. With Founder Securities and Founder Life as the leaders, we have built a top-notch full-industry chain financial product system in China, covering wealth management, multi-channel investment and financing, In areas such as the incubation and cultivation of emerging enterprises, we are committed to becoming a leader in financial service innovation. The industrial finance sector is based on Founder Property Group, Founder Securities, Peking University Founder Life, etc., and its business covers bulk commodity trading, securities, futures, funds, insurance and other fields. As a practitioner of the integration of industry and finance, Founder Group continues to promote the coordinated development of industry and capital, constantly explores new models of integration of industry and finance, and serves the real economy and people's lives.