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Domestic automotive nylon pipeline advantage companies advertised shares and passed the meeting smoothly

 Last Update: 2022-08-29
 Source: Internet
 Author: User

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The main business of Biaobang Co.
, Ltd.
is the research and development, production and sales of automotive nylon pipelines and connectors.
The main products include power system connecting pipelines, cooling system connecting pipelines, and connectors

At present, the main products of the company have been widely used in many models of well-known brands such as Volkswagen, Audi, Skoda, Chase, Ford, and Peugeot, and have established stable strategic cooperation with well-known domestic automakers and excellent auto parts manufacturers.
It has a high brand awareness and industry status in the automotive nylon pipe manufacturing industry

The prospectus shows

Combined with the executed orders of major customers and the rolling forecast data of "Volkswagen" production, the demand of major downstream customers in the third quarter of 2021 will increase.
It is expected that the company will achieve operating income from January to September 2021.
410 million yuan, a change from -12.
52% to -8.
04% over the same period of the previous year, which is narrower than the 15.
99% decline in operating income from January to June 2021

From January to September 2021, the company expects to achieve a net profit of 81 million to 84 million yuan attributable to owners of the parent company, a change from -4.
86% to -1.
34% over the same period of the previous year; after deducting non-recurring gains and losses, it is attributable to the parent company.
The net profit of the company's owners was 79 million yuan to 82 million yuan, a change of -5.
28% to -1.
69% compared with the same period of the previous year, mainly due to the impact of the company's operating income decline during the same period

At the end of 2018, the end of 2019 and the end of 2020, the current ratios of the advertised shares were 1.
83 times, 1.
70 times and 2.
10 times, respectively, and the quick ratios were 1.
18 times, 1.
24 times and 1.
51 times, respectively.
The current ratio and quick ratio are higher than those of listed companies in the same industry.
Average is low

This time, Biaobang plans to raise funds of about 567 million yuan, of which 120 million yuan will be used to supplement working capital, and the remaining funds will be invested in the expansion project of automobile power system connecting pipelines and connectors, new energy vehicle battery cooling system pipeline construction projects, R&D center construction project

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