It is understood that this is Spring and Autumn Electronics IPO prospectus, prospectus, the public offering of 3425 shares, after the release of 13700000 shares 25% of the total, raise funds 836672000 yuan for the investment of 365000000 Set of PC precision structural parts and 450 sets of precision abrasive production and other projects. The IPO will visit the Shanghai Stock Exchange, sponsor institutions Dongguan Securities.
During the Reporting Period, the operating revenue of Chunqiu Electronics mainly came from the consumer electronics structural module and related precision molds business in 2014, 2015, 2016 and January-June 2017, respectively. The operating revenue of Spring and Autumn Electronics was RMB1,202,994,400, 12,514.77 million yuan, 1,464.2418 million yuan and 792.2254 million yuan respectively. The net profits attributable to the parent company were 56.69 million, 87.99 million, 146.672 million and 75.54 million respectively.
The main products of Spring and Autumn Electronics are precision mold parts of notebook computers and related molds. These products belong to the subdivision industry of consumer electronic products. Based on their precise design and manufacture of precision abrasives and the integrated monolithic construction of consumer electronic products Service capabilities, be one of the leading companies in the industry During the reporting period, major customers include Lenovo, Samsung, LG, Haier, Tsinghua Tongfang and so on.
Spring and Autumn Electronics In 2014-2016, the market share of the top nine brands of notebook computers was 89.50%, 89.50% and 88.70%, respectively, with a high degree of market concentration, resulting in a higher degree of customer concentration for manufacturers providing supporting structural components for notebook computers 2014. From January to June 2017, the sales to the top five customers accounted for 93.36%, 94.20%, 92.68% and 91.38% respectively of the Company's revenue from principal operations, of which revenue from Lenovo, the largest customer, accounted for The ratios were 59.89%, 59.26%, 48.31% and 49.69%.
According to data from the research firm TrendForce 2016 global notebook shipments (157 million units) estimated that spring and autumn 2016 notebook components sales 39.701 million, accounting for notebook computer structural components market share of 6.32% .In the reporting period, the same industry The listed companies include Ju Teng International, Victory Precision, Jin Sheng Intelligent, Yin Baoshan, Yokogawa Abrasives, etc. The main products of Victory Precision are mainly precision metal / plastic structural parts. Spring and Autumn Electronics said that in the same industry, domestic manufacturers, taking into account product output, output value, the Spring and Autumn Electronics in the industry and the market for a certain status and scale advantages.