J.S. Machine(SZ:000821)2022-12-06 23:40Company Overview - Established in October 1957, originally named "Songhe Local State-owned Xinghuo Agricultural Tools Factory" [4] - Listed on Shenzhen Stock Exchange on June 26, 1998, with over 40 years of experience in packaging machinery [5] - Expanded business scope to include automotive parts, industrial automation, and non-bank financial services [5] Market Presence - Global marketing and service network covering 10 major regions including Europe, North America, and Southeast Asia [5] - Products exported to over 40 countries [5] Recent Developments - In response to domestic economic slowdown, the company shifted focus to high-end intelligent manufacturing and industrial automation [8] - Acquired Huizhou Sanxie Precision Co., Ltd. in 2015 and invested in Shenzhen Huidacheng Intelligent Technology Co., Ltd. to enhance industrial automation capabilities [8] Financial Performance - Huizhou Sanxie's sales revenue increased by approximately 200% compared to the previous year [11] - Packaging machinery sales grew by over 27% year-on-year [11] - Estimated net profit for the first half of 2016 is projected to be between 40 million to 50 million CNY, an increase of 47 million to 55 million CNY compared to the previous year [11] Strategic Goals - Focus on solidifying and developing core businesses in packaging machinery and automotive parts while advancing into artificial intelligence and industrial automation [12] - Enhance profitability across industries through internal collaboration and strategic acquisitions [12] Technological Advancements - Development of a vision system for packaging machinery to improve precision and reduce manual labor [9] - Introduction of automated counting devices for cardboard boxes to minimize human error and increase efficiency [10] - Implementation of robots for casting polishing, expected to be operational by August 2016 [10] Future Projects - Plans to raise funds through a private placement to invest in smart factories, automation projects, and rehabilitation robots [13] - Smart factory project aims to transform the company from a product provider to a system solution provider, enhancing overall operational efficiency [21] Order Status - As of now, the smart factory project has secured orders totaling 17.57 million CNY, with a gross profit of approximately 5.92 million CNY [25] - Ongoing negotiations for potential orders amounting to 61.5 million CNY, including three orders from Europe and the US [25]