The company is a leader in segmentation, covering high-quality customers. The company produces fully automatic weighing, packaging, transportation monitoring and palletizing complete sets of equipment and single machines, which are mainly used for packaging and palletizing of synthetic resin and synthetic rubber. The downstream demand of products currently comes from petrochemical, coal chemical, fertilizer and other fields. In 20 12-20 15 years, the demand for post-processing equipment in the chemical industry is about 1 10 billion yuan, with an average of about 3 billion yuan. 20 1 1 year, the company's equipment sales revenue is 524 million yuan, which is in an absolute dominant position among domestic peers, covering many high-quality customers such as PetroChina, Sinopec and Shenhua Ning Mei.
Manual substitution, import substitution and downstream expansion. Automatic packaging and palletizing equipment has the characteristics of high weight accuracy and high packaging and palletizing efficiency. In the context of rising labor costs, the economic benefits of replacing labor with equipment are also increasing gradually.
The company's main competitors are German, American and Swiss manufacturers. The company's products have the advantages of high cost performance and thoughtful service, and there is a large space for import substitution in the future. In addition, the company is expected to expand its application in the fields of grain, feed, ports and building materials in the future.
The growth rate of orders is relatively fast, and the orders in hand are enough to ensure performance. The company's new orders in 2009-20 1 1 year were 580 billion yuan, with an average annual growth rate of about 30%. 20 12 newly signed 680 million yuan in the first half of the year, and12.85 million yuan was in hand at the end of the first half of the year, which provided guarantee for the performance of 2012/2013.
Fundraising project: It is planned to invest 65.438+0.8 billion yuan to build a complete set of petrochemical post-processing equipment expansion and transformation project, with 82 new production capacity, including 74 powder packaging and granulation equipment and 8 synthetic rubber post-processing equipment. It is estimated that the annual income is 250 million yuan and the net profit is 67 million yuan. It is planned to invest10.27 billion yuan to build 16 service center, and form a nationwide service network to provide customers with spare parts, guaranteed transportation, overhaul and renovation services. The company estimates that the spare parts purchased by customers for each production line every year account for about 5-8% of the original value of the production line. As of 20 1 1, the company has sold 1630 sets of equipment, and it is expected that it will exceed 1000 sets in the next three years, and the service demand will continue to increase. In the past three years, the gross profit margin of the company's service business has been above 60%, and the service market returns have a good prospect. The company expects that after the fundraising project is put into production, the annual income will be about 80 million yuan and the net profit will be 36 million yuan.
20 12 On August 23rd, the company plans to issue 4 1 10,000 shares this time, and the total share capital after issuance is 40 1 10,000 shares. The stock will be subscribed online and offline on September 3, 20 12, and listed on the small and medium-sized board of Shenzhen Stock Exchange.