According to public information, Shennan Circuit is a company that specializes in the field of electronic interconnection and possesses three businesses of printed circuit boards, package substrates and electronic assembly lines. For the years of 2014-2016 and January-June 2017, Shennan Circuit achieved operating income of 36.38 Billion, 3.519 billion yuan, 4.599 billion yuan and 2.729 billion yuan, with a net profit of 185 million yuan, 158 million yuan, 275 million yuan and 253 million yuan over the same period.
On October 24, the audit results of the 10th meeting of the 17th session issuance examination committee in 2017 were announced and Shennan Circuit was first approved.
Prospectus disclosure, Shennan Circuit IPO plans to raise funds 1,700,000,000 yuan, the number of shares outstanding does not exceed 7,000 shares, of which high-density semiconductor IC carrier product manufacturing projects to raise funds to use 90,000 million; the number of high-speed high-speed Multi-layer printed circuit board (a) investment projects to raise funds to use 50000000 yuan; additional working capital 300000000 yuan, and Guotai Junan Securities, Air China Securities as the initial public offering of shares and listing of the sponsor.
Shennan Circuit's most important downstream application areas for the communications field, and mainly for enterprise users, higher technical requirements.In the reporting period, Shennan Circuit used in the field of communications products sales revenue as the company's main business revenue ratio Over 50%, mainly for the domestic and overseas famous communication equipment suppliers such as Huawei and Nokia etc. During the reporting period, the sales amount of the top five customers of Shennan Circuit accounted for 44.48%, 40.46% and 47.35% of the principal business revenue, respectively % And 40.82% respectively. Among them, the sales amount of Huawei System, the largest customer, increased rapidly, accounting for 16.50%, 20.18%, 29.09% and 24.55% respectively.