ZOWEE(SZ:002369)2022-12-07 08:38Group 1: Company Overview - The main business of the company is providing manufacturing services for network communication, consumer electronics, and smart terminal products [2] - Major clients in network communication include Huawei, Zhongxing, and Shanghai Bell, with products such as network access products and 4G routers [2] - The company has a dual strategy of deepening relationships with existing clients while actively expanding new clients and businesses [2] Group 2: Client Composition - Key clients in consumer electronics include MEDION, Haier, and OPPO, with products like smartphones and tablets [2] - Huawei is the longest-standing and largest client, with a diverse range of products developed over time [2] - The company has established a good balance between traditional and new business lines [2] Group 3: New Business Focus - The company is expanding into smart wearable devices and smart home sectors, collaborating with well-known companies like Xiaomi and Samsung [3] - Products developed include smart power banks, smart wristbands, and smart cameras [3] - Collaborations with major companies have significantly contributed to the company's growth and capabilities in smart manufacturing [3] Group 4: Fundraising and Financials - The non-public offering of A-shares will not exceed 65,897,858 shares, with a total fundraising amount expected to be no more than 800 million yuan [4] - The funds will be allocated to smart manufacturing upgrades (350 million yuan), innovation support platform projects (210 million yuan), and working capital (240 million yuan) [4] - The issuance price is set at no less than 90% of the average trading price over the 20 trading days prior to the pricing date, estimated at no less than 12.14 yuan per share [5] Group 5: Business Development - The company operates under ODM/EMS models, providing contract manufacturing services to leading brands [5] - Future development in communication network products is expected to remain stable due to strong demand from major clients [6] - The smart home and wearable product markets are anticipated to grow significantly, with ongoing collaborations enhancing the company's technological capabilities [6] Group 6: Strategic Projects - The smart manufacturing upgrade project aims to enhance production efficiency and product quality in response to rising labor costs and strict client demands [7] - The innovation support platform project focuses on developing smart wearable, home, and medical products, positioning the company for future growth [7] - The company has been proactive in automating production processes to meet the demands of the evolving market [6]