JINMING MACHINERY(300281)2022-12-06 02:40Financial Performance - In 2016, the company achieved a revenue of 355.24 million CNY, representing a year-on-year growth of 13.20% [3] - The net profit attributable to shareholders was 32.67 million CNY, an increase of 11.48% compared to the previous year [3] - For Q1 2017, the total revenue reached 95.44 million CNY, a significant increase of 56.46% year-on-year [4] - The net profit attributable to shareholders for Q1 2017 was 6.24 million CNY, up by 18.04% from the same period last year [4] Strategic Development Goals - The company aims to advance its "Smart Jinming" and "Healthy Jinming" strategies, focusing on intelligent manufacturing and health technology [5] - The "Smart Jinming" strategy emphasizes the integration of big data, cloud computing, and IoT to transform traditional production and management models [5] - The "Healthy Jinming" strategy aligns with national policies, targeting the rehabilitation robot market, with a projected annual sales revenue exceeding 30 billion CNY by 2020 [5] Non-Public Offering - The company plans to issue up to 50 million shares, raising no more than 506 million CNY for projects including smart agricultural film equipment and a special multifunctional film smart factory [6] - The chairman and general manager, Ma Jiazhen, will subscribe for no less than 100 million CNY and no more than 200 million CNY of the offering, demonstrating strong confidence in the company's future [6] Technological Innovation - The company is committed to enhancing its technological capabilities through partnerships with renowned universities and research institutions [8] - It has developed advanced multi-layer co-extrusion technology, achieving an 11-layer co-extrusion in 2014, which is at the forefront of the industry [14] - The company is focusing on the production of biodegradable agricultural films, which can decompose into water and carbon dioxide, highlighting its commitment to environmental sustainability [14] Market Expansion - The company is actively expanding into high-end film markets, including special multifunctional films and new materials [8] - It aims to establish a cloud-based big data service platform to enhance data sharing and lifecycle management within the film production industry [7] - The company is also exploring the rehabilitation medical market, collaborating with Tsinghua University to develop intelligent rehabilitation robots [9] Subsidiary Overview - The company has five subsidiaries, including Shantou Far East Light Equipment Co., which specializes in intelligent coating optical film equipment [10] - Guangdong Jin Jia New Materials Technology Co. focuses on high-end films and special multifunctional films, catering to both domestic and international markets [11] - Shantou Huiteng Software Co. is dedicated to providing value-added services and solutions for high-end equipment and industrial automation [12]