The selection layer has become the target of the NEEQ companies. As of yesterday, 110 companies are preparing for the selection level. According to the public transfer prospectus and annual reports of these companies, more than 10 of them are the leaders in their respective sub-sectors. They not only have leading technology and market positions, but also individual companies are irreplaceable in the industry. These companies have recently become the focus of market attention. 

​​

Biteray and Nutrichem Bio are the two largest among them, with revenue of more than 4 billion yuan, and they are also star companies on the New Third Board. Betterray is one of the world's most important suppliers of negative electrode materials for lithium-ion batteries, and the first company in China to use deep-processed natural graphite products for lithium-ion batteries. Nutrichem Bio mainly produces pesticide intermediates, technical materials and preparation products, and has well-known overseas corporate customers such as Corteva (Dow-DuPont merger) and BASF. Combining various financial data, both Bitterui and Nutrichem Biotech meet the first and fourth articles of the financial standards for selected tiers.

​​

Among these invisible champions, individual companies such as Guandian Defense have few competitors in the industry. According to public information, Guandian Defense, which passed the selection-level guidance and acceptance earlier, is a leading drone service provider in China, and it is also the earliest domestic enterprise engaged in the research and development of drone anti-drug products and the industrialization of services. In the field of drone anti-drug Maintain first-mover advantage and monopoly position. The company has undertaken national-level aerial survey and data processing tasks for many consecutive years, and its technical products and application services have been fully tested.

​​

Relying on their own advanced technology, Yongshun Bio and Spherical Cable have undertaken major national projects. Yongshun Bio is an import substitution enterprise. Its core product is swine fever live vaccine. The related technology is at the international leading level, and it fills the gap of domestic passaged cell production of animal live vaccine. The company has undertaken more than 40 national, provincial and municipal science and technology projects such as the national "863" plan, the science and technology support plan and the Torch Plan.

​​

Ball Crown Cable mainly produces wires and cables. It is one of the few domestic enterprises with the production capacity of large-section high-voltage and ultra-high-voltage power cables. The technology used to produce wires and cables of 220kV and below is at the leading level in China. In the production of polymer-based ultra-high voltage DC cables, the company has participated in undertaking the national "863" plan project, achieved technological breakthroughs, and the relevant technology research has reached the international advanced level.

​​

In addition, Hejia Pharmaceutical ranks among the top three in the cephalosporin pharmaceutical intermediates industry; Sanborun maintains the No. 1 market share in the fortress mainframe segment; Hongyuan Oxygen, the holding company of Akashi Innovation, is the world's largest manned pressure vessel manufacturer One of the businessmen; Runnong Water Saving is one of the earliest companies in China to introduce Israel's water-saving irrigation technology and production lines.

​​

On the whole, most of the 16 companies in the preparation and selection layer are from the innovation layer, and only one company, Xianglong Technology, belongs to the basic layer. Four companies, Guandian Defense, Yongshun Bio, Deyuan Pharmaceutical, and Qiuguan Cable, were in the A-share IPO guidance. With the comprehensive deepening of the reform of the New Third Board, they shifted to the selected layer.

​​

According to the data, there are 11 companies with a revenue of more than 100 million yuan for two consecutive years. The revenue of four companies, Nutrichem Biotechnology, Beterui, Qiuguan Cable and Liancheng CNC, has exceeded 1 billion yuan in the past two years. The net profit scale of 16 companies in the past two years is mainly between 30 million yuan and 50 million yuan, and the net profit of Beterui, Akashi Innovation, Nutrichem Biology, and Liancheng CNC in the past two years has exceeded 100 million yuan.

​​

At present, among these 16 companies, Nutrichem Bio, Huayang Transmission, Ball Crown Cable, Guandian Defense and Beterui have all released their 2019 annual reports. Combined with previous data, 5 companies have met the financial standards for selected tiers. One, Beterui, Nutrichem Bio, and Ball Crown Cable also meet the fourth, and Huayang Transmission and Guandian Defense also meet the second.

​​

(Original source: Shanghai Securities News Author: Lu Mengyun Title: Broadcast on the Selected Layer of the New Third Board | The Selected Layer has reached 110 companies preparing for battle, and the industry leaders are concerned)