Dahongli plans to issue no more than 23.92 million shares to invest in intelligent technical transformation projects etc

China securities online news (reporter:Kangxi) dahongli (300865) disclosed the letter of intent for initial public offering and listing on the growth enterprise market (hereinafter referred to as the "letter of intent") on the evening of July 29. The number of shares in this public offering does not exceed 23.92 million shares. After deducting the issue expenses, the raised funds will be invested in the intelligent technical transformation project of crushing and screening (complete set) equipment, the construction project of technology center and the marketing service center Project.

"Letter of intent" shows that after the completion of the intelligent technical transformation project of crushing and screening equipment, the company will increase the production capacity of 1000 sets (sets) of crushing and screening equipment every year. After the completion of the project, the company's production capacity, product quality, production efficiency, informatization and intelligence level will be greatly improved; the construction project of technology center is planned to integrate the existing R & D resources of the company On the basis of this, we will upgrade the company's R & D system, build the company's technical center into a leading R & D base for gravel and mine crushing and screening equipment in the industry, and strive to upgrade to a national enterprise technology center; the marketing service center project plans to transform and upgrade the company's existing marketing service network.

Dahongli's main product is a complete set of sand crushing and screening equipment, which is used for the production of machine-made sand in the downstream gravel aggregate industry, that is, crushing and screening rocks and pebbles to prepare sand and gravel aggregate, which is widely used in infrastructure construction, housing construction, water conservancy and hydropower and other fields. The company's product line is relatively rich, the products belong to the middle and high-end, and the market share of the products is in the forefront of the market.

The company has initially established a professional sales and technical service team with more than 200 people covering the whole country, which runs through the whole process of sales, installation, maintenance, after-sales and training. The company has established four sales areas in southwest, northwest, central China and North China in China, and established 15 marketing service sub centers in Shandong, Xinjiang, Gansu, Hunan, Guizhou, Yunnan and other provinces and autonomous regions, covering the main domestic sand aggregate production areas. Meanwhile, the company actively develops the international market, focusing on the development of South and Southeast Asian markets, and has achieved initial results.

Around the main business, the company has obtained 143 patent technologies (including 15 invention patents), and developed a series of multi-level complete product system, including hydraulic cone crusher series, high-efficiency impact crusher series, jaw crusher series, vibrating sorting screen series and more than 70 kinds of products, which can cover all kinds of customer needs of different production scales and sandy land. In line with the development trend of "industry 4.0", the company can configure automatic control and remote control units according to customer requirements to realize automatic and intelligent control and management. In terms of R & D and industrialization, the company has formed a virtuous circle of "pre research generation, development generation and production generation".

According to the letter of intent for offering, from 2017 to 2019, dahongli achieved operating revenue of RMB 323 million, RMB 428 million and RMB 528 million respectively, and realized net profits of RMB 42.8142 million, RMB 58.1468 million and RMB 77.262 million belonging to the shareholders of the parent company. In the first half of this year, the company's operating revenue reached 267 million yuan, an increase of 4.78% year-on-year, and the net profit attributable to the shareholders of the parent company was 37.6418 million yuan, with a year-on-year increase of 2.91%. In the first three quarters of this year, the company expects to achieve operating revenue of 445 million yuan - 457 million yuan, with a year-on-year growth of 14.6% - 17.73%; the expected net profit attributable to the shareholders of the parent company is 66.6443 million yuan - 69.5653 million yuan, with a year-on-year growth of 1.27% - 5.71%.

Author:Neil Godwin

Category:Dahongli

Tag:Dahongli plans to issue no more than 23.92 million shares to invest in intelligent technical transformation projects etc

Time:Aug 01 10:56:59 2020 Saturday