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New shares are coming, what is the stem of Zhang Xiaoquan?
Last week, Zhang Xiaoquan scissors hit the IPO, and some problems were really puzzling:

Zhang Xiaoquan is a brand with a history of 400 years, and its name is also very famous in the scissors industry. According to news reports, Zhang Xiaoquan sells 27 million scissors every year. Since sales are so good, it must be very profitable. Putting this information in all kinds of news is nothing more than telling people how promising Zhang Xiaoquan scissors are. The puzzling problem is that such a large sales volume, which has developed for 400 years, must have gathered huge capital and should be very rich. Why come to finance? Financing from the market is the lack of development capital, which is contradictory here. That is to say, I have a long history and a vast market, which means I make a lot of money. Why do I make a lot of money but lack money? Which sentence is true and which sentence is false? If the sales volume is really large and profitable, then it will not come to the stock market IPO financing. Like Laoganma Chili sauce, it is very profitable and does not lack development funds, so it is unwilling to come to the market for financing. There are many thresholds for becoming a listed company. A standardized financial report will be issued every quarter for all investors to monitor; If you lack development funds and need to come to the stock market for financing, it is a deceptive lie. After 400 years of development, it failed to accumulate capital. How to make money by investing now? Then it's not worth investing.

When many companies go public for financing, they all claim that they have prospects and annual sales. For example, Wufangzhai Zongzi is preparing for financing, claiming to sell 360 million Zongzi every year. Now that you have made money, why do you still lack capital? Going to see companies preparing for IPO is basically the same routine, shouting about their market sales, but asking for money in the market, just like the boss of a bankrupt enterprise wearing a suit and tie renting a luxury car to go to the bank to ask for a loan.

By the way, different products have different market saturation, such as napkins and salt, which are used every day, so it is difficult to reach market saturation. But the market capacity of some commodities is very small, such as embroidery needles and scissors. These products are not needed by everyone and are durable. A pair of scissors can not be worn out for ten years, and the market capacity is very small. There is no technical threshold for producing scissors.

Scissors are sold on precious stones, or 400 cows are old brands.

In short, Zhang Xiaoquan is a brand of scissors. Now that IPP0 is normalized, the management has continuously increased the proportion of direct financing, and the registration system of the Growth Enterprise Market has been tried out. It is getting easier and easier to go public, and companies from all walks of life can go public.

Zhang Xiaoquan is a time-honored brand in China, with a history of hundreds of years! It is the largest and most influential enterprise in the knife and scissors industry in China. Seeking listing is definitely for the further development of enterprises, standardizing enterprise management and becoming a public company. On the other hand, there are also some shareholders who need to cash out their investment profits.

Zhang Xiaoquan is an old brand that produces daily-use knives. It is the same type of company as Wang Mazi kitchen knife in Beijing. There has long been a saying in the industry that "there are Zhang Xiaoquan in the south and hemp seeds in the north".

I checked the information:

Zhang Xiaoquan was founded in 1628 with a history of nearly 400 years. It is the first batch of Chinese time-honored enterprises with unique national memory and Chinese style recognized by the Ministry of Commerce. At present, "Zhang Xiaoquan" has become a modern hardware manufacturing enterprise integrating design, research and development, production, sales and service. The company's main products include scissors, knives, sets of knives and scissors and other household items.

So in the final analysis, Zhang Xiaoquan is a daily-use hardware tool manufacturing company. But it is such a very traditional company that will be listed on the GEM soon. I think the threshold of GEM is a bit low.

Anyway, Zhang Xiaoquan is still on the Growth Enterprise Market, the subscription is over, the winning result is released, and now it is waiting to ring the bell.

It is very important that stocks should not be biased. No matter what the company does, high-tech or low-tech, performance is king. A high-tech company can't make money and its share price is ugly. Therefore, just because Zhang Xiaoquan is a scissors manufacturer, it can't be considered that its share price is difficult to perform well. We can look at the company's financial situation in the past three years:

Compared with 20 19, it will increase slightly in 2020. Considering the epidemic situation, the performance is quite good.

The performance of this year's interim report is also amazing. The company also predicted the performance of the first three quarters of this year: the net profit increased by 19.4% to 3 1%.

As far as the new shares issued now are concerned, if the funds raised are not large and the circulation is not large, it is promising to go public on the fifth board. Zhang Xiaoquan issued only 39 million shares and raised only 260 million yuan. It is a small-cap stock, and several boards have been listed.

Therefore, the listing of Zhang Xiaoquan is worth looking forward to. I want to congratulate my friends who won the lottery.

Zhang Xiaoquan is now the trademark of a famous pair of scissors. He himself is the founder of this brand of scissors.

The history of Zhang Xiaoquan scissors can be traced back to Zhang Sijia, a native of yi county, Anhui Province in the late Ming and early Qing Dynasties. At that time, Zhang Sijia fled to Hangzhou because of the war, and opened the "Zhang Dalong" scissors workshop in Dajing Lane at the foot of Wu Shan. Because of its excellent production, Zhejiang Longquan Yunhe Steel was chosen, and the business was particularly prosperous.

However, it led to the impostor of peers. In order to distinguish counterfeit scissors with the same name, his son Zhang Xiaoquan changed the scissors shop in Zhang Dalong to "the scissors shop in Zhang Xiaoquan" in the second year of Emperor Kangxi of Qing Dynasty (1663) to protect his own interests. Another legend is that (1736- 1796) Emperor Qingganlong visited Hangzhou in the south and once bought a pair of scissors in search of shelter from the rain. After being listed as a tribute, scissors became famous, and the number of scissors with the brand of "Zhang Xiaoquan" reached 86 at most, and there was a grand occasion of "the green hills reflected blue lagoon and Koizumi filled the streets".

But with a good reputation, there will be more fakes. Therefore, Koizumi's son added the word "recent record" under the word "Zhang Xiaoquan" for customer identification. In the 16th year of Guangxu, when Zhang Xiaoquan was introduced to Zhang Yongnian, Sun Shi, his mother, was in charge of the store affairs, and Sun Shi stopped the sedan chair at the foot of Wu Shan, accusing the businessman of counterfeiting. As a result, Shu Yuntai, the magistrate of a county, issued a notice of "Never use it illegally" and carved a stone tablet at the door of the store.

But in short, no matter what method is used, it is still difficult to stop Gui Li. Zhang Xiaoquan is now listed as one of the top ten scissors in China and a well-known trademark in China. As early as 19 15, it won the prize at the Panama World Expo. When the Japanese invaders occupied Hangzhou, although the scissors industry was far ahead, it still suffered heavy losses and even went bankrupt. However, after liberation, they were cared and developed by the government and became an important member of promoting national industry.

Special equipment for shareholders to cut meat [covering face]

Come up and cut leeks.

If you think they want to be a century-old enterprise when they go public, it's naive. The listing of most companies is nothing more than a circle of money. Second, large and small shareholders are waiting to cash out.

Going to the motherboard should be reasonable.