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Guoli Technology: the industrial chain continues to expand, and the revenue increased by nearly 50% in the first three quarters
Release time:2018-11-2 8:50:00 Author:admin Clicks:
2018-10-31 15:57:02 source: China Securities News has entered Caijing No. Author: Anonymous

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Recently, National Science and Technology (300716 announcement, market, comments, financial report) disclosed the company's third quarter report in 2018. The data showed that the company achieved a revenue of 761 million yuan in the first three quarters, a year-on-year increase of 48.37%; The net profit attributable to shareholders of the listed company was 41.405 million yuan, an increase of 8.52% year-on-year.

According to the announcement, the company's performance growth during the reporting period was mainly due to the growth in sales of EVA / TPR environmentally friendly modified materials and their products.

According to the data, National Science and technology has been deeply engaged in the field of low-carbon environmental protection modified polymer materials. At present, the company's main products can be divided into three categories: EVA environmental protection modified materials, TPR environmental protection modified materials and modified engineering plastic products. The company's products are mainly used in high-end sports and leisure shoes, sports equipment, electronic supporting products, household appliances, auto parts, smart homes and other fields.

The continuous upgrading of downstream products also urges the company to accelerate the research and development of new technologies and products. The third quarter report shows that the R & D expenditure of the company in the first three quarters was 24.3617 million yuan, a sharp increase of 30.30% year-on-year. According to the public information, as of now, the company has 4422 formulas, 14 invention patents, 1 utility model patent and 7 high-tech products, and a number of issued patents are pending. It is worth mentioning that in early October this year, the new formula and new process products used by the company also appeared at the international footwear Innovation Summit in Los Angeles and won unanimous praise in the industry.

While constantly strengthening its internal strength, the company is also expanding itself with the help of external forces. In recent years, the company has entered into new fields by holding shares or participating in shares. It is reported that at present, the company's industrial chain has been extended to fly weaving technology, upper material upgrading, intelligent learning machines, intelligent learning robots, supply chain, new energy automobile materials and other fields. The company said that expanding the industrial chain around the company's main business will further enhance the company's own comprehensive strength and industry competitiveness, and lay a foundation for the company to form new performance growth points in the future.

(source: China Securities News)
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