Suotong Development 603612
Point 1: Sub-new stock Shandong sector in the materials industry to which it belongs
Point 2: Business scope technology import and export; goods import and export; sales Mineral products (excluding coal).
Point three: Prebaked anodes The company’s main business is the R&D, production and sales of prebaked anodes, and its main products are prebaked anodes. Since its establishment in 2003, the company's main business has not changed.
Point 4: Graphite and carbon products manufacturing industry. According to the "Guidelines for Industry Classification of Listed Companies" (revised in 2012), the issuer belongs to the non-metallic mineral products industry (code C30) in the manufacturing industry. According to the "National Economic Industry Classification Standard" (GB/T4754-2011), the issuer belongs to the graphite and carbon products manufacturing industry of non-metallic mineral products manufacturing industry (code 3091).
Point 5: Technology and R&D advantages The company is a high-tech enterprise specializing in the production of prebaked anodes suitable for large electrolytic cells and high current density. As the most produced member of the carbon family, prebaked anodes are responsible for strong corrosion resistance and high-temperature conductivity. They participate in aluminum electrolysis electrochemical reactions and have extremely high carbon purity requirements, especially as China's electrolytic aluminum technology moves toward large currents. (500-600KA) development trend, aluminum industry customers have put forward higher requirements for the homogeneity of anodes. After years of hard work and accumulation, the company has made remarkable achievements in the field of prebaked anode production, has mastered prebaked anode production technology that has reached the international advanced level, and established an experienced, professional and leading R&D team. In September 2010, the company's technology center passed the assessment and appraisal of Shandong Provincial Economic and Information Technology Commission and was awarded the title of "Provincial Enterprise Technology Center".
Point six: Advantages of comprehensive utilization of resources. Prebaked anodes are products of comprehensive utilization of resources. Combined with the production characteristics of the industry, the company has gradually established a production model that saves energy, reduces emissions, and develops a green circular economy. The company has developed technology to reduce the burning loss of petroleum coke during calcination, which reduces the burning loss rate of petroleum coke to less than 2.5% during the calcination process, which is at the leading level in the industry. This technology won the third prize of the 2010 China Nonferrous Metal Industry Scientific Progress Award. On October 29, 2010, the company was awarded the honorary title of "National Demonstration Enterprise for Comprehensive Utilization of Resources in the Carbon Industry" by the China Resources Comprehensive Utilization Association (now renamed "China Circular Economy Association"). On December 30, 2011, the company certified by the China Resource Comprehensive Utilization Association became the first "Resource Comprehensive Utilization Industry Technology Center" in my country's prebaked anode industry.
Point 7: Customer resource advantages After years of hard development and effective management, the company has established a mature sales network. The company's customers include major large-scale electrolytic aluminum manufacturers around the world, and its products are exported to more than a dozen countries in Europe, the United States, the Middle East, Southeast Asia, Oceania, and Africa, and it has a broad market base and customer resources. The company's core customers mainly include: Russian Aluminum Corporation (RUSAL), Iran Aluminum (IRALCO), Iran Alamudi Aluminum (AAC), Dubai Aluminum (DUBAL), Azerbaijan Aluminum (DETAL), Malaysia Qili Aluminum (PM), German TRIMET, American Aluminum (AlCOA), Rio Tinto Alcan (RTA), BHP Billiton Hillside Aluminum (HABHP), Turkish Aluminum (ETI) and other foreign countries Well-known electrolytic aluminum production companies, as well as well-known domestic electrolytic aluminum production companies such as Dongxing Aluminum, Chalco, Oriental Hope, and Nongliushi Aluminum.
Point 8: Jiayuguan Suotong Carbon Materials Co., Ltd. has an annual output of 340,000 tons of prebaked anode and waste heat power generation project. The total investment of this project is 1,015,264,000 yuan. The company invested 392,790,100 yuan through the funds raised this time. Part of it is resolved by the company itself. This project is implemented through the subsidiary Jiayuguan Carbon Materials. The main part of the project was completed at the end of June 2016 and reached the intended usable state and was consolidated, and was officially put into production in July. As of December 31, 2016, the cumulative construction investment of this project was 672.9818 million yuan, which has been transferred to fixed assets accounting. In 2016, this project produced a total of 137,100 tons of prebaked anodes, which were mainly sold to Gansu Dongxing Aluminum Industry. In 2016, this project achieved an operating income of 330.1635 million yuan and a net profit of 29.2164 million yuan.
Point 9: The profit distribution of a dividend distribution company shall not exceed the cumulative distributable profit. The profit distributed in cash in a single year shall not be less than 10% of the distributable profit realized in that year, and the remaining part shall be used for support Sustainable development of the company.
Point 10: Voluntary lock-in of the controlling shareholder and actual controller of the joint-stock company Lang Guanghui promises: In addition to the part of the shares sold to the public during the issuer's initial public offering of shares, the issuer's shares will be listed on the Shanghai Stock Exchange. Within thirty-six months from the date of listing, you will not transfer or entrust others to manage the shares of the issuer that you directly or indirectly hold, nor will the issuer repurchase the shares. If the issuer's shares are listed within six months after the issuer's listing, If the closing price for twenty consecutive trading days is lower than the issue price, or the issuer's closing price at the end of the six-month period after listing is lower than the issue price, the lock-up period of the issuer's shares held by me will be automatically extended for six months.
Point 11: Measures to Stabilize Stock Price Within three years after the issuer’s listing, unless due to force majeure factors, the closing price of the company’s stock price for 20 consecutive trading days (after the latest audit base date, due to profit distribution, If the company's net assets or the total number of shares change recently due to transfer of capital reserves to share capital, additional issuance, allotment, etc., the net assets per share will be adjusted accordingly) are lower than the company's most recent audited net assets per share (net assets per share). Assets = total shareholders’ equity attributable to common shareholders of the parent company in the consolidated financial statements ÷ total number of company shares, the same below), then start the stock price stabilization plan.