shenjian gufen(SZ:002361)2022-12-06 08:20Group 1: Company Overview and Products - The company specializes in chemical new materials, particularly polyester resins, which are categorized into outdoor and mixed types. Outdoor types are used in metal equipment applications, while mixed types are for indoor metal surfaces [2][3] - Major clients include well-known domestic and international powder coating companies such as Akzo Nobel, Aiside, PPG, Haier, and Gree [3] Group 2: Acquisition and Future Plans - The acquisition of Xi'an Jiaye Company was driven by the potential growth in the aerospace, aviation, and military equipment manufacturing sectors, as well as recognition of Jiaye's management team and corporate culture [3] - The company aims to establish a dual business model focusing on chemical new materials and aerospace, further solidifying its industry chain for sustainable and stable development [3] Group 3: Financial Performance - In 2015, Jiaye Company achieved a revenue of CNY 158.55 million and a net profit of CNY 34.308 million, showing significant growth compared to the previous year [3] - For the first half of 2016, Jiaye Company reported a revenue of CNY 73.4155 million and a net profit of CNY 14.5198 million, with longer billing cycles due to its military enterprise status [3] - Despite a challenging economic environment and intense competition, the company remains confident in meeting its performance commitments based on current production and orders [4]