YINGHE TECHNOLOGY(SZ:300457)2022-12-03 09:48Company Overview - Shenzhen Yinghe Technology Co., Ltd. was established in 2006 and is the only global provider of complete lithium battery intelligent production line solutions, offering automation, auxiliary power, environmental control, and architectural planning services [3][4]. 2017 Financial Performance - In 2017, the company signed new orders worth approximately CNY 2.239 billion, a year-on-year increase of 50.07% [4]. - Total revenue for 2017 reached CNY 1.586 billion, up 86.52% compared to the previous year [4]. - Net profit attributable to shareholders was CNY 220.92 million, reflecting a year-on-year growth of 78.34% [4]. - As of December 31, 2017, total assets amounted to CNY 3.151 billion, a 76.22% increase year-on-year [4]. - Shareholders' equity reached CNY 1.253 billion, up 99.22% year-on-year [4]. Research and Development - As of December 31, 2017, the company held 92 invention patents, 258 utility model patents, 16 design patents, 1 Hong Kong registered patent, and 72 software copyrights [4]. - R&D investment for 2017 was CNY 102.97 million, a 107.04% increase from the previous year [4]. - The company emphasizes product innovation and has enhanced its product capabilities significantly after acquiring 100% of Dongguan Yakan's shares [4]. Product Capabilities - The company can provide complete production line solutions for cylindrical, square, and soft-pack lithium batteries, demonstrating strong technical expertise and innovation [4]. Impact of Non-Public Offering - The company raised CNY 1.413 billion by issuing 61.5 million shares to strategic investors, which will enhance its financial strength and reduce financial risks [5]. - The funds will support business development and improve overall profitability, reinforcing the company's core competitiveness in the lithium battery equipment sector [5].