A leading company in automotive nylon piping advertises its shares

On February 21, Jiangyin Biaobang Auto Parts Co.

The prospectus shows that the company focuses on the parts supporting field of the passenger car market, providing customers with core parts with high safety and important functions.

Market demand is broad, well-known customers are rich in resources, and performance continues to improve

The auto industry is one of the pillar industries in China, and the auto parts manufacturing industry is an important part of the auto industry.

With the vigorous development of the industry, in order to achieve the healthy and sustainable development of China's auto industry, energy conservation and emission reduction has become the development direction of the auto industry, and related companies in the auto industry have increased their R&D investment in the field of energy conservation and emission reduction

Nylon material is favored by the automotive industry due to its advantages in weight, oil resistance, heat resistance and other aspects.

The company has long been committed to the research and development, production and sales of automotive nylon pipes and connectors and other products.

The company's existing major customers include FAW-Volkswagen, SAIC Volkswagen, SAIC Maxus, Leapmotor and other automakers, as well as auto parts companies such as Pengling, Hutchinson, Valeo, and Continental

Because automotive nylon pipes are used to connect and coordinate various subsystems, they play an important role in the safe and smooth operation of automobiles

At present, only a few local companies and foreign-funded nylon pipe manufacturers, including advertised shares, in the industry supply most of the demand in the domestic market

The industry highly recognizes technology and product advantages to create long-term competitiveness

Such an achievement stems from the technological innovation of the company over the years for automotive nylon pipe products

Since its establishment, Biaobang Co.

In the process of new product development of automobile OEMs, Biaobang Co.

With its excellent technological innovation ability, Biaobang has successfully applied for a number of key projects of special funds for technological innovation.

At the same time, the company is committed to technological breakthroughs in new energy products, and has successfully applied for "R&D of high and low temperature resistant lightweight cooling piping system for new energy vehicles", "R&D and industrialization of multi-layer composite material piping for thermal management systems of new energy vehicles" "Key projects of special funds for scientific and technological innovation

In the long-term development, Biaobang has also accumulated rich technical experience in nylon material processing, and the company has mastered a number of core processes for the manufacture of nylon pipes and connectors, which are in a leading position in China

This allows Biaobang to determine specific technical parameters according to the requirements of OEMs, carry out tooling, mold design and development, and production equipment debugging, quickly respond to customer needs, and ensure timely sample delivery and approval and follow-up batches.

After years of deep cultivation, the company has reached the standards and requirements of well-known European and American car companies in terms of product quality, process technology, and response speed.
Among them, the quality and performance advantages of power system connecting pipelines and connecting parts are remarkable, which can be comparable to international ones.
Well-known nylon pipe production enterprises, to achieve domestic substitution
.
With its product advantages, Biaobang has also been widely recognized by major domestic well-known OEMs and excellent auto parts companies in the industry, won a good market reputation, and has become a benchmark enterprise in subdivided fields, forming a strong quality competitive advantage.

.

The prospectus shows that the funds raised by the listed shares listed on the Growth Enterprise Market are mainly invested in the "automotive power system connecting pipeline and connector expansion project", "new energy vehicle battery cooling system pipeline construction project", "R&D center construction project" , "Supplementary Working Capital Project",
etc.
With the implementation of the fundraising project, it will further improve the production technology and process level of the company, improve product performance and quality, and expand the industry's leading edge
.