JINMING MACHINERY(300281)2022-11-21 16:20Group 1: Financial Performance - In the first half of 2021, the company achieved an operating revenue of 256.86 million yuan, representing a year-on-year growth of 55.69% [3] - The net profit attributable to shareholders was 26.11 million yuan, with a year-on-year increase of 80.84% [3] - The company is currently fully utilizing its production capacity with a robust order backlog [3] Group 2: Company Overview and Product Range - Founded in 1987, the company specializes in the research, design, and production of film production equipment and solutions [4] - It is a leading enterprise in the high-end plastic film equipment industry in China and the first in the Asia-Pacific region to produce eleven-layer high-barrier film casting equipment [5] - The main products include blown film machines, casting film machines, and stretching film machines, widely used in various sectors such as food packaging, agriculture, and medical applications [5][6] Group 3: Technological Advancements - The company has developed core technologies, including multi-layer co-extrusion technology, which is at the forefront of the industry [9] - It has successfully broken the long-standing reliance on imports by developing equipment for online coating of wide agricultural films and other products [9] - The company holds 377 patents and has established a strong R&D capability, collaborating with universities and research institutions [10] Group 4: Strategic Development and Market Expansion - The company is focused on enhancing channel construction, diversifying markets, and deepening global cooperation to increase brand awareness [9] - It aims to implement the "Smart Jinming" development strategy, extending upstream and downstream in the industry chain [9] - The company is actively pursuing new materials and technologies to drive the development of high-end multifunctional film equipment [9]