中汽股份 (301215)

CATARC Automotive Proving Ground Co.,Ltd.

ASZ

Tags

Central State-Owned EnterprisesCSI Central State-Owned Enterprises IndexIssuance of Convertible BondsAutomobilesFlying CarsChiNext Small CapChiNext Composite IndexSZSE 700 IndexCSRC Central Enterprises Small-cap IndexSZSE 1000 IndexCSI All-share Industry Sector IndexInternet of Vehicles/Vehicle-Road-CloudInsurance Heavy HoldingsFull Circulation SharesVehicle InspectionSME Board Innovation IndexCSRC Central Enterprises Composite IndexCSI 1000 IndexChiNext Basic IndexScientific Research Index

K-Line Chart

No K-line data available

Company NameChina Automotive Research Automotive Proving Ground Co., Ltd.
Listing Date2022-03-08
Issue Price3.8RMB
Registered Capital13239010k RMB
Legal RepresentativeZhang Xiaolong
Registered AddressDafeng Port Economic Zone, Dafeng District, Yancheng City, Jiangsu Province
IndustryAutomotive Services
Main BusinessBy constructing automotive proving ground test environments and scenarios, the company provides on-site testing technical services to clients such as automobile manufacturers, automotive inspection institutions, automotive chassis component system companies, and tire companies. Meanwhile, during the reporting period, leveraging the automotive proving ground environment, the company also conducted testing businesses including vehicle enhanced corrosion durability testing and tire testing.
Company ProfileAccording to the management system of the "Announcement of Vehicle Manufacturers and Products" issued by the Ministry of Industry and Information Technology (MIIT), the "Announcement System for Road Transport Vehicle Models Meeting Standards" by the Ministry of Transport, the "Motor Vehicle Environmental Protection Announcement" system by the Ministry of Ecology and Environment, and the "China Compulsory Certification (CCC)" system formulated by the State Administration for Market Regulation, China has established a series of market access systems and testing and certification specification requirements in areas such as new vehicle market entry standards, fuel consumption standards for operating vehicles, motor vehicle pollutant emission standards, and compulsory certification of automotive products. These require testing institutions with corresponding testing and certification qualifications to conduct regulatory certification for new vehicle models, components, tires, etc. Some of these regulatory certification tests need to be conducted in specialized outdoor proving ground environments, and some also require the automotive proving grounds providing testing technical services to possess corresponding qualification certification conditions.

Stock Details

1. Key Indicators

  • Total Shares(W): 132390.00
  • Circulating A-Shares(W): 132240.00
  • Earnings Per Share(RMB): 0.1200
  • Net Assets Per Share(RMB): 2.2051
  • Operating Revenue(W RMB): 43450.87
  • Total Profit(W RMB): 18770.77
  • Net Profit Attributable to Parent(W RMB): 15993.03
  • Net Profit Growth Rate(%): 44.53
  • Weighted Return on Equity(%): 5.3300
  • Operating Cash Flow Per Share(RMB): 0.1230
  • Undistributed Profit Per Share(RMB): 0.3285
  • Capital Reserve Per Share(RMB): 0.8297

2. Main Business

The main business covers:

  • Providing automotive proving ground technical services by constructing test environments and scenarios for clients such as automobile manufacturers, testing institutions, chassis component system companies, and tire enterprises.

3. Company Basic Information

  • Company Name: CATARC Automotive Proving Ground Co., Ltd.
  • Listing Date: 2022-03-08
  • Industry: Professional Technical Services
  • Address: Dafeng Port Economic Zone, Dafeng District, Yancheng City, Jiangsu Province
  • Website: www.capg.com.cn
  • Company Profile: On May 15, 2020, Tianzhi International issued the "Audit Report on the Net Assets of CATARC Yancheng Automotive Proving Ground Co., Ltd." (Tian Zhi Ye Zi [2020] No. 27034). As of April 30, 2020, the audited book net assets of CATARC Limited were RMB 1,256,656,500. On May 17, 2020, Wokesen Appraisal issued the Wokesen Ping Bao Zi (2020) No. 0733 Asset Appraisal Report. As of April 30, 2020, the assessed value of the net assets of CATARC Limited was RMB 1,440,896,700. The appraisal results stated in the aforementioned report completed the state-owned asset appraisal filing procedure on June 12, 2020 (Filing No.: 1966ZGQY2020002). On June 16, 2020, CATARC issued the "Reply on Matters Related to the Plan for the Restructuring and Listing of CATARC Yancheng Automotive Proving Ground Co., Ltd." (CATARC Ji Yan Zi [2020] No. 89), approving the company's plan to restructure into a joint stock company and list. On June 18, 2020, CATARC Limited held a shareholders' meeting, which reviewed and passed the "Proposal on the Overall Change of the Company to Establish a Joint Stock Limited Company". It agreed to change the company type from a limited liability company to a joint stock limited company by way of establishment by promotion; agreed to convert RMB 991,800,000 of the net assets into the company's total share capital of 991,800,000 shares, with a par value of RMB 1 per share. The portion of the net asset value exceeding the total share capital, RMB 264,856,500, was recorded as the company's capital reserve. The originally registered shareholders acted as the promoters of the joint stock company. The promoters converted their respective proportions of the registered capital in CATARC Limited into their respective shareholding proportions in the joint stock company. The registered capital and the shareholding ratios of the three shareholders remained unchanged before and after the overall change. On the same day, all shareholders of the company signed the "Promoters' Agreement", reaching an agreement on matters related to the overall change of CATARC Limited into a joint stock company. On June 19, 2020, CATARC issued the "Reply on Issues Concerning the Management of State-owned Shares of CATARC Automotive Proving Ground Co., Ltd." (CATARC Ji Yan Zi [2020] No. 91), approving the state-owned equity management plan for the overall change of CATARC Limited into a joint stock company. On the same day, the company held the first shareholders' meeting of the joint stock company in 2020, which reviewed and passed relevant proposals including the overall change to establish the joint stock company. On the same day, Tianzhi International issued the Tian Zhi Ye Zi [2020] No. 30508 "Capital Verification Report", verifying that as of June 19, 2020, CATARC Proving Ground (in preparation) had received share capital totaling RMB 991,800,000 converted from the net assets of CATARC Limited owned by all shareholders. On June 30, 2020, the Yancheng Administrative Approval Bureau issued the "Business License" (Unified Social Credit Code: 91320982571427139M) to the joint stock company.

4. Top 10 Circulating Shareholders

Rank Institution Name Institution Type Shares Held (W) Percentage Held (%)
1 China Automotive Technology and Research Center Co., Ltd. General Legal Person 55500.00 41.97
2 Jiangsu Yueda Group Co., Ltd. General Legal Person 38180.00 28.87
3 Jiangsu Yancheng Port Dafeng Port Development Group Co., Ltd. General Legal Person 5000.00 3.78
4 Southern China Securities 1000 ETF Fund 363.04 0.27
5 ChinaAMC China Securities 1000 ETF Fund 215.77 0.16

5. Concept Sectors

  • Intelligent Transportation
  • Charging Pile
  • Virtual Reality
  • Autonomous Driving
  • Artificial Intelligence
  • Xiaomi Automobile
  • Flying Car
  • Low-altitude Economy
  • Internet of Vehicles
  • Margin Trading & Securities Lending
  • Central State-owned Enterprises
  • Convertible Bond Issuance
  • CSI Central SOEs
  • Small Cap Growth Enterprise Board

Remarks

  • Data update date: 2026-01-01
  • Data source: Public Market Information