National Science and Technology this listing | raise 323 million plus plastic main business

Focus on the field of modified materials, Guangdong National Science and Technology Co., Ltd. After nearly 15 years of development, and today finally officially landed A-share market. National Science and Technology IPO starting to be raised 323 million yuan, will be mainly used for the company EVA environmental protection Technical innovation of modified materials and their products, technological innovation of R & D centers and supplementary operating funds of the Company.

Founded in 2002, Guangdong National Science & Technology Co., Ltd. has been mainly engaged in the R & D, sales and technical service of low-carbon, environmental protection and renewable polymer materials and their materials products. At present, the main products of the company include EVA environmental protection modified materials and Its products, TPR environmentally friendly modified materials and products and modified recycled engineering plastics three series, the company's downstream products include the application of high-grade sports and casual shoes, sports equipment, electronic products, household appliances, auto parts and other fields.

The company has now become a material supplier recognized by international famous enterprises such as CROCS, AMAZON, WALMART, INCASE, PAYLESS, etc. and has established long-term cooperation relationship with the enterprise.At the same time, the end customer of the company's products Most are well-known domestic and foreign enterprises, such as Disney, Anta, Blonde Technology, Guoen shares, Qingdao Dadu New Materials Technology Co., Ltd. are the company's direct or indirect customers.

Benefit from the recent domestic demand for modified materials outbreak, the company continued to improve the operating conditions.According to the company disclosed prospectus data show that from 2014 to 2016, company revenue increased from 379 million to 631 million yuan, net profit of the same period Realized from 39.97 million yuan to 59.76 million yuan of growth.

The rapid development of the industry has strengthened the determination of the Company to plow the modified materials industry deeply.It is understood that from Rmb11.17m to Rmb11.1m in 2014-2016, R & D expenses of the company almost doubled from the previous year, and R & D expenses as a share of operating income Year-on-year rise of the fund raised by the listing will also come up with 163 million, 0.35 billion were invested in EVA modified materials and technology products and R & D center technological transformation projects.

Long-term follow-up of the modified plastics industry research institutions said they are optimistic about the future development of the domestic modified plastics industry.Founder Securities Yao Yizhe pointed out that the world average level of modified plastic consumption accounted for plastic total consumption accounted for about 20% of the ratio, but The gap between this indicator and the world average is still large. In the future, the market for modified plastics in our country still has tremendous potential for development.

2016 GoodChinaBrand | ICP: 12011751 | China Exports