Due to the recent tight supply of international phosphate rock, the price of phosphate rock has continued to rise, and domestic phosphorus chemical companies have been adversely affected, and some companies have had to reduce production. In order to get out of business difficulties, some phosphorus chemical companies have set their sights on listed financing channels. In particular, many small and medium-sized phosphorus chemical companies plan to list on the Growth Enterprise Market. However, according to expert analysis, at present, the listing is not the best model for phosphorus chemical companies to get out of trouble. It is understood that the distribution of phosphate rock in China is mainly concentrated in Yunnan, Guizhou, Sichuan, Hubei and other provinces, each phosphorus-rich provinces will be allocated to the province's phosphate resources and phosphorus chemical companies. At the same time, these provinces have strictly controlled the export of phosphate rock resources and are accelerating industry consolidation through resource integration. Chief analyst of the China Chemical Industry Phosphorus chemical industry, Ha Xianting, believes that in the future, the development trend of the phosphorus chemical industry will be that enterprises with resources will survive and develop. Phosphorus chemical companies without phosphate resources will face obsolescence or mergers. fate. Hashitin pointed out that the reserves of phosphate rock in the United States and Russia will be depleted within 30 years, and they have recently begun to limit the scale of exploitation of phosphate rock. Countries such as Morocco are also reducing their exports of phosphate rock. Based on this international situation, the supply of phosphate rock resources will be tightened, and the price of phosphate rock will continue to rise in the future. The integrated phosphorus chemical company that extends upstream resources will benefit from this. It is understandable that phosphorus chemical companies are eager to seek financing channels in order to obtain raw materials, maintain production, and extend the industrial chain. However, it should not be blindly that adopting listed financing measures may adversely affect the sound development of enterprises. Experts such as Su Qinhong, director of the China National Research Management Consultation Expert Committee, believe that the listing of companies must first weigh the pros and cons. For resource-based companies, the change in the corporate structure of listing may push the company to an unfavorable position that is controlled by a person. Major business decisions need to fulfill certain procedures and may lose their original operating flexibility. Therefore, Su Qinhong suggested that if it is only for the sake of financing and the need to expand the company, due to the limitations of resources-based enterprises and policies, especially for enterprises whose industrial chain is not yet perfect, listing is not the best. The development model. Su Qinhong pointed out that with the gradual improvement of the country’s financial policies, the channels for corporate financing will be more and more smooth, and there are many ways for companies to finance their development. Do not blindly choose the way of listing. Ha Xianting analysis, enterprises listed on the GEM will be subject to product constraints, economic and financial control, but also plans to go listed phosphorus chemical companies a larger proportion of repeated construction. When technology, products, and logistics are not competitive enough, rushing to market will only limit the development of the company. He said that the purpose of the country's launch of the GEM is to enable SMEs to introduce outside funds under the mature technology for R&D, expansion, and internationalization. Repeated construction in the case of “smoke of interest†will only gradually lose money in market price competition. If a listed SME does not have a sound industrial chain and technology, and there is no "trump card" for products and services, it will only go public for gold and speculation, which will inevitably accelerate suicide. Ming Bing, executive deputy general manager of Hubei Xingfa Group, said that although China's phosphorus chemical companies have also successfully listed and have shown healthy development examples, such as Hubei Xingfa, Guizhou Hongfu and so on. However, these are well-known large state-owned enterprises. The enterprises have their own mines and power stations, form a complete industrial chain, and realize the integrated development of mining, electricity and phosphorus. Ming Bing pointed out that the successful practices of Xingfa and Hongfu are not suitable for most companies to replicate. A person in charge of Guizhou Hongfu Co., Ltd. said: "Every business development requires money, but we have changed the original concept of financing." Now, Hongfu has many financing options, in addition to financing in the stock market can also Conduct mutual cooperation among enterprises, invest in both parties, share risks; issue long-term, short-term bonds, and in the past, Hongfu had issued 10-year bonds, and the issuance situation was very good; some projects encouraged by the government, such as environmental protection, circular economy, etc. You can apply for a loan from the China Development Bank. Such a loan can also be used as the capital of Hongfu. It is understood that from the current trend, it is not new to see whether chemical companies have applied for listing. Statistics show that in recent years, chemical companies accounted for about 30% of the listed companies that applied for listing. The chemicals companies that have been listed on these listing applications are characterized by the following aspects: First, some companies are small in scale and have limited risk resistance; second, chemical companies are high energy-consuming and highly polluting enterprises, and environmental protection issues are increasingly evident. Enterprises have a certain degree of environmental loopholes; Third, the excess capacity in the chemical industry is still serious, and some of the products produced by chemical companies that have not been listed have obvious excess capacity. Haitong Securities researcher Deng Yong believes that in the current situation where resources are becoming more and more important, in addition to acquiring cost advantages and reasonable financing through seizing resources, phosphorus chemical companies need to improve the competitiveness of enterprises by improving the degree of refinement of products. . 100g Cream Jar,Pump And Spray Bottle,Pump Mist Spray Bottle,Plastic Pump Spray Bottles Guangzhou Harvest Plastic Products Co., Ltd , https://www.gdharvestp.com