Purchase Rating Of Optical Tape Business In large Volume

The traditional super clean dust-free room engineering industry leader has successfully transformed the functional film field to start a new journey of growth. The company’s traditional business is the R & D, production and sales of ultra clean laboratory engineering and supporting products. It has completed nearly 100 projects of ultra clean room engineering in China. The business mainly includes the design and construction of ultra clean room, as well as the R & D, production and sales of supporting dust-proof and anti-static gloves, hats and shoes and other consumables. The ultra clean cleaning level reaches level 10. Since 2013, the company has actively transformed its layout into the field of functional thin materials, mainly laying out the mass production of TAC optical film, aluminum plastic film, OCA tape and other products, starting a new journey of growth.

Integrate the high-quality target business of aluminum plastic film industry, and lay out the application field of high-end power lithium battery. In July 2016, the company acquired the aluminum-plastic composite film outer packaging material business of lithium-ion battery under the Japanese letterpress Co., Ltd. to achieve the aluminum-plastic film production capacity of 2 million square meters / month. At the end of 2016, the company designed to expand the production capacity of 3 million square meters / month in Changzhou. It is expected to be put into production in the third quarter of 2018. After the production, the company will have the aluminum-plastic film production capacity of 5 million square meters / month, and the company’s products will gradually change from the consumption of lithium-ion battery aluminum-plastic film The membrane business is expanding to the high-end power lithium battery aluminum-plastic membrane field.

 The business of electronic functional materials has been expanded rapidly, and the company’s performance flexibility has been expanded by a large number of products. Since the transformation in 2013, the company has invested in the construction of electronic functional materials industrial base in Changzhou. 11 precision coating lines of phase I project were put into production at the end of 2015, mainly producing high-end purification protection film, explosion-proof film, double-sided tape, optical tape, heat dissipation graphite and other functional products. At the same time, the company invested 1.12 billion yuan to build 94 million square meters TAC film project, which is expected to be put into production in the middle of 2018. The company Electronic functional materials and multiple products expand the company’s performance flexibility.

 It is proposed to acquire 100% equity of Qianhong electronics to extend the industrial chain and enhance the comprehensive competitive advantage of the industry. The company plans to issue 55.7 million shares, raise 1.117 billion yuan, pay 338 million yuan at the same time, and acquire 100% equity of Qianhong electronics. Qianhong electronic’s main business includes the R & D, production and sales of consumer electronic functional devices. It is a die-cutting manufacturer downstream of functional film materials. Qianhong electronic’s downstream customers include first-line mobile phone manufacturers such as oppo and vivo, and Dongfang Liangcai and Changying precision (10.470, – 0.43, -3.94%) and other suppliers in the field of consumer electronics. Qianhong electronics became a qualified supplier of AAC and Foxconn in Langfang in 2017. Qianhong electronic promises to realize the net profit attributable to the parent from 2017 to 2019 not less than 110 million yuan, 150 million yuan and 190 million yuan respectively. After the acquisition of Qianhong electronics, the company realized the extension of industrial chain in the field of consumer electronics, and improved the comprehensive competitive advantage of the industry.

Post time: Apr-17-2020