Domestic suppliers of high-quality plastic pipes. Guti Technology is mainly engaged in the production and sales of R&D plastic pipes. The company's products include PVC, PE and PP pipes, and the downstream products are used in municipal and building water supply and drainage, agriculture (drinking water and irrigation), municipal sewage and other fields. 20 1 1 the domestic consumption of plastic pipes is about 9 million tons, the company's sales volume is about150,000 tons, and the market share is about 1.67%.
Production bases are all over Central China, Southwest China and South China. Plastic pipes have a certain transportation radius, so the company has production bases in Central China, Southwest China, South China and Northwest China. The company has eight production bases, located in Ezhou, Hubei, Chongqing, Foshan, Guangdong, Beijing, Shangqiu, Henan, Maanshan, Anhui, Handan, Hebei, Gansu and other places, with an annual total production capacity of1625438+00,000 tons.
The marketing network relationship is solid. It has set up 48 sales offices in major cities across the country, with more than 600 regional distributors, corresponding to more than 15000 distribution outlets. The company has a solid relationship with downstream distributors. In 2009-20 1 1 year, less than five of the top distributors in the company 100 changed.
Analysis of fundraising projects. Guti Technology plans to issue 36 million shares this time, raising 506 million yuan. The funds raised by the company are mainly used for the pipeline base construction project with an annual output of 43,000 tons in Ezhou, Hubei Province and the pipeline expansion project with an annual output of 26,500 tons in Guti, Chongqing. The Chongqing base project raised by the company has been built with its own funds in the early stage, and it is expected to be put into production in the third quarter of 20 12, and the Hubei base project is expected to be put into production in the second half of 20 13. 20 1 1 year, the company's output is 137800 tons, and the capacity utilization rate exceeds 85%. Considering the situation of production maintenance and mold adjustment, the company's production has been basically running at full capacity. We believe that the fundraising project is conducive to alleviating the company's capacity bottleneck and further enhancing the company's position in the plastic pipeline industry.