AIM(SZ:300446)2023-09-25 10:34Group 1: Company Overview and Strategic Direction - Baoding Lekai New Materials Co., Ltd. has formed a diversified business structure integrating high-performance functional materials research and application, automotive interior and exterior design and manufacturing, oil and gas engineering technology, and equipment and engineering services [2][3] - The company aims to become the main platform for "Aerospace Intelligent Manufacturing" under the Aerospace Technology Group, focusing on high-quality development and resource integration [3][10] Group 2: Fundraising and Asset Acquisition - The recent capital increase involves issuing shares to acquire 100% equity of Aerospace Molding and Aerospace Energy, responding to the decline in revenue and profit due to the impact of electronic ticket promotion [3][4] - The fundraising will primarily support project construction and supplement working capital, with a project construction cycle of 24 months, expected to generate an additional net profit of CNY 170 million annually after full production [4][5] Group 3: Financial Performance and R&D Investment - In the first half of 2023, the company achieved sales revenue of CNY 55.77 million from information anti-counterfeiting materials, a year-on-year increase of 70.78% [4] - The R&D investment for 2022 was CNY 23.80 million, accounting for approximately 14.02% of revenue, with 56 valid patents held [4][5] Group 4: Market Position and Future Prospects - The company is the largest producer of magnetic strips in China and plans to enhance international market development, maintaining stable sales volume [4][5] - The revenue from new energy-related products has increased from over 20% in 2020 to nearly 50% in 2022, indicating a strong focus on the new energy vehicle sector [8][10] Group 5: Shareholder Concerns and Corporate Governance - The asset valuation for the recent transaction was determined by a qualified asset appraisal agency and approved by the State-owned Assets Supervision and Administration Commission, ensuring protection for minority shareholders [5][9] - The company is committed to enhancing communication with investors and ensuring that performance targets are met to align market value with intrinsic value [6][9]