Point 2: Scope of business Licensed business items: sales of dangerous chemicals; Packaging, decoration and printing. General business items: production and sales of combination polyether, monomer series polyether, soft and hard foam raw materials and products series, isopropanolamine series, plastic products, composite packaging insulation materials series and related fine chemical products, hardware, machinery, electronics and knitting textiles; Trade in materials; Export products produced by the enterprise; Import raw and auxiliary materials, machinery and equipment, instruments and spare parts needed for production and scientific research of this enterprise (except for commodities and technologies whose import and export are restricted or prohibited by the state); Sales of chemical products, Wujinjiaodian, mineral products, handicrafts and daily necessities; Economic information consultation; Research, development, production, sales and technical services of electronic products; Hard spraying and polyurethane plastic pavement construction and technical guidance.
Point 3: The main polyurethane series company has nearly 20 years of research, development, production and operation history of polyurethane series products, and has the production capacity of 40,000 tons of rigid foam combined polyether, 20,000 tons of isopropanolamine and 1 10,000 tons of cement admixture. The production scale of rigid foam combined polyether ranks first in China, and the production scale of isopropanolamine ranks first in Asia and third in the world. It ranks among the top 500 chemical enterprises in China, the top 50 chemical synthetic resin industries in China and the top 500 economic benefits in China. In the future, the company will focus on developing three main products of polyurethane rigid foam combined polyether, isopropanolamine and cement admixture. The main raw material of cement admixture is the company's own triisopropanolamine, and both isopropanolamine and combined polyether are mainly propylene oxide, which has obvious cost advantages.
Point 4: Technical transformation project of rigid polyurethane foam polyether 2011July, 15 1 1 yuan/share offering16230844,000 yuan to invest in an environmental protection rigid polyurethane foam polyether technical transformation project with an annual output of 60,000 tons. After the production, it is estimated that the annual sales revenue will increase by 7150,000 yuan, and the average annual profit will be 67,082,800 yuan. In order to promote the fundraising project, the company plans to increase the capital of Nanjing Baoxin Polyurethane, a wholly-owned subsidiary, by 240 million yuan, and will remain a wholly-owned subsidiary of the company after the capital increase. Due to the excellent performance of rigid polyurethane foam in the field of building insulation, the Ministry of Construction and other ministries and commissions promote the application of rigid polyurethane foam in building energy conservation. It provides a good development opportunity for the development of polyurethane industry.
Point 5: Hard Foam Polyether In the field of hard foam polyether combination, the company is the largest supplier of hard foam polyether in China, and all major domestic refrigerator (cabinet) manufacturers have become corporate customers, such as Samsung, Midea, Xinfei, Meiling, Hisense Kelon, Little Swan and other enterprises. Our products have entered the field of solar water heaters. In 2007, the company participated in the formulation of the national standard of rigid polyurethane foam for building boards, and in 2008, it took the lead in drafting the national standard of rigid polyurethane foam for solar water heaters, and its industry status was further recognized by the national authorities. At the same time, by actively expanding the international market and carrying out technical exchanges and cooperation with international refrigerator manufacturers such as South Korea LG, South Korea Samsung and Turkey Vista, the company's rigid foam polyether products began to be exported to South Korea, Turkey and other countries.
Point 6: Isopropylamine Company is the only company in China and even in Asia with a production scale of 20,000 tons of isopropanolamine, ranking third in the world and first in Asia, and its production scale is second only to BASF and Dow in the world. The company even leads the international counterparts in many technologies and has certain advantages in cost control of energy consumption and other links. In July 2009, Baochun Chemical, a holding subsidiary of the company, will invest 84 million yuan to build a 40,000-ton isopropanolamine capacity expansion and transformation project. After the project is completed, the annual production capacity of isopropanolamine will reach 40,000 tons, and the company will become the largest isopropanolamine producer in the world.
Point 7: Foreign investment-insulation board project 20 13 10, and Nanjing Hongbaoli New Materials Co., Ltd., a holding subsidiary of the company, invested 253 million yuan to build an environmental protection and high flame retardant polyurethane building insulation board project with an annual output of 6.5438+0.5 million square meters. After all the projects are put into production, it is estimated that the annual operating income will be 862 million and the total profit will be around 654.38+56 million. On 20 14 1 22, the company signed a strategic cooperation agreement with suning universal, which created a favorable opportunity for the company's development.
Point 8: cement admixture triisopropanolamine will replace triethanolamine as the raw material of new cement admixture. With the world's increasing attention to environmental problems, the application of ethanolamine is gradually restricted. For example, in the pollutant discharge and transfer registration system of developed countries, ethanolamine is listed as a harmful substance and its use is restricted, thus accelerating the substitution of ethanolamine. Triisopropanolamine cement admixture is generally used in bridges and culverts and other projects that require high cement strength. As the country has invested heavily in expanding domestic demand and investing heavily in infrastructure such as railways, the demand for cement has turned upward, and there are many railway culverts and bridges, which has also greatly increased the demand for efficient cement additives.
Point 9: Expand the production capacity of the company to raise funds of 65,438+0,402, and 400 yuan invested 50,000 tons of environmentally friendly polyurethane rigid foam polyether. By the end of 2065,438+0,472, 500 yuan, the company realized the benefit of 365,438+0,896 in 2065,438+0,400 years, 400 yuan. (By the end of June, 20 1 1, the accumulated investment amount was147,254,500 yuan,157,999 yuan, and the income in the first half of 201/kloc-0 was 32,200,200 yuan and 0.000 yuan respectively.
The tenth point: major shareholders increase their holdings. 20 12 In February, Jiangsu Baoyuan Investment Management Co., Ltd., the largest shareholder of the company, increased its holdings of 526,688 shares through the securities trading system of Shenzhen Stock Exchange from February 2/kloc-0 to February 22, with an average transaction price.
Point 1 1: Companies with technological advantages developed 52 new products and technologies, applied for 28 patents, and obtained 8 authorized patents, including 4 invention patents and 4 utility model patents. Including new polyether products with high performance-to-price ratio, combined polyether for fast curing polyurethane rigid foam, bio-based polyol and polyurethane rigid foam prepared from Jatropha curcas oil, rapeseed oil bio-based polyol and its application technology in polyurethane rigid foam, bio-based polyol research and development technology, electronic-grade isopropanolamine, pharmaceutical intermediate synthesized from isopropanolamine, LHB-C alkanolamine-based cement grinding aid, etc.
Key points: 12: The cost advantage company developed bio-based polyol to replace propylene oxide in the application of hard foam combined polyether, which has achieved the substitution of 15%-35% in different products, effectively reducing the cost, having the capacity and scale advantages of monomer polyether, and adopting continuous high-pressure supercritical synthesis process to build a 20,000-ton plant, eliminating the shortcoming of high energy consumption of traditional low-pressure ammonia method.
Key points 13: restricted stock incentive 20 12 In July, the company plans to grant 1 1 10,000 restricted shares of the company, accounting for 2.05% of the company's total share capital. Among them, 6,543,800 restricted shares are reserved for reserved incentive objects, accounting for 9.09% of the number to be granted in this equity incentive plan. The grant price for the first grant of restricted shares is 5.85 yuan per share. During the fiscal years from 20 13 to 20 15, the weighted average return on net assets of the company shall be no less than 8%, 9% and10% respectively; Based on the net profit of 20 1 1, the growth rate of net profit is not less than 45%, 75%, 1 15% respectively. The incentive targets are directors, senior managers, core technical (business) personnel and middle managers ***46 1.