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Guoli science and technology raised 323 million yuan in the listing today, adding weight to the main business of plastic transformation
Release time:2017-11-9 16:11:00 Author:admin Clicks:
China Securities Network News (intern reporter Wan Yu) after nearly 15 years of development, Guangdong National Science and Technology Co., Ltd., which focuses on the field of modified materials, finally officially landed on the A-share growth enterprise market today. National Science and technology plans to raise 323 million yuan in this initial public offering, which will be mainly used for the company's EVA environmental protection modified materials and products technology transformation, R & D center technology transformation and supplementary business capital projects.


Founded in 2002, Guangdong National Science and Technology Co., Ltd. has been focusing on the R & D, sales and technical services of low-carbon, environmental friendly, renewable polymer materials and their material products. At present, the company's main products include EVA environmental protection modified materials and products, TPR environmental protection modified materials and products and modified recycled engineering plastics. The application scope of the company's downstream products mainly includes high-end sports and leisure shoes, sports equipment, electronic supporting products, household appliances, auto parts and other fields.


At present, the company has become a material supplier recognized by international famous enterprises such as Crocs, Amazon, Walmart, incase and payless, and has established long-term cooperative relations with enterprises. At the same time, most of the end customers of the company's products are well-known enterprises at home and abroad, such as Disney, Anta, Jinfa technology, Guoen Co., Ltd. and Qingdao Dadu New Material Technology Co., Ltd. are all direct or indirect customers of the company.


Thanks to the explosion of domestic demand for modified materials in recent years, the company's business situation has continued to improve. According to the prospectus information disclosed by the company, the company's revenue increased from 379 million yuan to 631 million yuan in 2014-2016, and the company's net profit also increased from 39.97 million yuan to 59.76 million yuan in the same period.


The rapid development of the industry has strengthened the company's determination to deeply cultivate the modified material industry. It is understood that from 2014 to 2016, the company's R & D expenditure increased from 11.17 million yuan to 2011 million yuan, almost doubling the investment, and the proportion of the company's R & D expenditure in operating income showed an upward trend year by year. The company will also invest 163 million yuan and 35 million yuan in the technology of EVA environmental protection modified materials and their products and the technology transformation project of the R & D center.


Relevant research institutions that have been tracking the modified plastics industry for a long time say they are optimistic about the development prospects of the domestic modified plastics industry in the future. Yao Yizhe of Founder Securities pointed out that the average consumption of modified plastics in the world accounts for about 20% of the total consumption of plastics, but there is still a big gap between this indicator in China and the world average. In the future, China's modified plastics market still has great development potential.
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