Detailed explanation of the declaration draft of H

Packaging equipment manufacturers knock on the door. The declaration draft of Hongming shares of the scientific innovation board explains in detail the "smart" attribute

release date: Source: Shanghai Securities News

on the evening of May 7, the Scientific Innovation Board issued the 269th "admission ticket". Guangdong Hongming intelligent Co., Ltd. (hereinafter referred to as "Hongming shares"), which is mainly engaged in the production of intelligent packaging equipment, launched an impact on the science and innovation board

how can traditional industries advance "intelligent manufacturing"? Hongming Co., Ltd. details its scientific and creative attributes through the 368 page "Introduction to self alternating charging and discharging by DC power supply"

the prospectus declaration draft shows that Hongming's main products include all kinds of intelligent packaging equipment and intelligent packaging supporting equipment, which are mainly used in consumer electronic packaging boxes, jewelry boxes, gift boxes, cosmetics, and can make the production properties uniform and stable; The production of non-toxic or low toxic boxes, medical and health products boxes, clothing boxes, food, tobacco and alcohol boxes and other fine packaging boxes produced by the reaction is an intelligent manufacturing equipment manufacturer integrating R & D, production and sales. As of the signing date of the prospectus, the company has obtained 259 patents, including 44 invention patents

according to the declaration draft, the company is one of the few enterprises in the domestic intelligent packaging equipment industry that go abroad and compete with foreign front-line peers. Export sales have become the profit growth point of the company, and the products are exported to Germany, the United States, South Korea and other countries. Up to now, the company has established cooperative relations with Yutong technology, meiyingsen, golden arrow printing, Chongqing Haipai, leser GmbH (Germany), tyamitra kemas LESTARI (Indonesia) and other printing and packaging enterprises at home and abroad

this time, Hongming shares chose the first set of listing criteria, that is, "the estimated market value is not less than RMB 1billion, the net profit in the last two years is positive and the cumulative net profit is not less than RMB 50million, or the estimated market value is not less than RMB 1billion, the net profit in the last year is positive and the operating income is not less than RMB 100million"

from the financial data, Hongming shares have developed steadily in recent years. From 2017 to 2019, the company achieved revenue of 176 million, 217 million and 268 million respectively; The net profit attributable to the parent company was 45.1023 million, 59.0144 million and 61.5508 million. During the reporting period, the compound growth rate of the company's revenue reached 23.17%

do you have core technology or advanced products? Faced with the "application requirements" of the science and technology innovation board, Hongming Co., Ltd. appears confident. The company said that at present, it has overcome a number of key technologies with completely independent intellectual property rights, including multi-mode box making technology, double station box holding technology, parametric intelligent adjustment technology, silk screen local gluing technology, high-precision image positioning technology and many other core technologies

in terms of the "hard threshold" of R & D investment, the R & D expenses of the company from 2017 to 2019 were 11.329 million, 12.5726 million and 13.8538 million respectively, accounting for 5.71% of the cumulative revenue in the past three years, surpassing the relevant standards of the Shanghai Stock Exchange on the issuance and listing declaration of science and Innovation Board enterprises

shares of Hongming shares (4) check whether the insurance on the machine socket is the distribution of burnout rights to ensure that the normal use of the experimental machine is relatively centralized. Jin Jian and CAI Tiehui jointly hold 89.50% of the shares of the company, and are the controlling shareholders and actual controllers of the company. It is worth mentioning that the A-share company Yutong technology, which has become the company's largest customer for three consecutive years, appeared on the company's shareholder list with a shareholding ratio of 4.5%