JINMING MACHINERY(300281)2022-11-22 03:10Group 1: Company Overview - Guangdong Jinming Machinery Co., Ltd. is a leading manufacturer of film production equipment, established in 1987, focusing on R&D, design, and production [4][10]. - The company has developed advanced multi-layer co-extrusion technology, achieving 11-layer co-extrusion since 2014, positioning itself at the forefront of the industry [9][10]. Group 2: Financial Performance - In Q1 2021, the company reported a revenue of CNY 117.35 million, a year-on-year increase of 34.29% [3]. - The net profit attributable to shareholders was CNY 14.43 million, reflecting a significant growth of 81.09% compared to the previous year [3]. Group 3: Product Range - The company produces a variety of film blowing machines, including high barrier film blowing machines and multi-layer co-extrusion machines, catering to diverse industries such as food packaging, agriculture, and medical applications [5][6]. - Jinming's products are exported to over 50 countries, including Japan, Israel, and Russia, establishing a strong international presence [5][10]. Group 4: Technological Innovation - Jinming holds 360 patents and has developed several innovative products, including online coating wide-width agricultural film equipment and high-speed wide-width casting equipment, reducing reliance on imports [9][10]. - The company collaborates with renowned universities and research institutions to enhance its technological capabilities and maintain a competitive edge [10][11]. Group 5: Future Development Strategy - The company aims to become a comprehensive solution provider for smart film factories, focusing on new materials, intelligent equipment, and big data platforms [9][10]. - Jinming plans to strengthen its market presence by expanding into downstream optical film sectors and enhancing brand recognition globally [9][10].