On April 27, jinlitai (300225) announced that the company plans to use its own funds to invest 50 million yuan and 200 million yuan respectively to establish a wholly-owned subsidiary Shanghai jinlitai metal material products Co., Ltd. (proposed) and Shanghai jinlitai resin Co., Ltd. (proposed).
According to the announcement, Shanghai jinlitai metal material products Co., Ltd. (proposed) has a proposed address of Fengxian District, Shanghai, a proposed registered capital of RMB 50 million, and a proposed business scope of production and sales of metal material products. Shanghai jinlitai resin Co., Ltd. (proposed) proposed location: Fengxian District, Shanghai, proposed registered capital: 200 million yuan, proposed business scope: resin research and development, production and sales.
Jinlitai said that the company's investment in the establishment of a wholly-owned subsidiary is mainly based on the company's overall development strategy. In order to better realize the company's mission of "becoming a technology-oriented, international and national enterprise providing surface treatment solutions", the company implements the dual main development strategy of automotive coatings and high-tech new materials, which is conducive to broadening the company's business field and strengthening the company Core competitiveness and sustainable development power.
Tu Jie's reporter noted that in order to comply with the mainstream development trend of light weight and energy saving of automobile manufacturing industry, strengthen the company's core competitiveness in the field of automobile surface treatment technology, further expand the industrial layout, and achieve the purpose of business cooperation and win-win cooperation, Jin Litai issued a notice on February 27 this year Shanghai Jindu New Material Technology Co., Ltd. (tentative name) was jointly invested and established by renluodian. Shanghai Jindu has a registered capital of 50 million yuan. The company has invested 25.5 million yuan with its own capital and holds 51% of the equity of Shanghai Jindu.
Jinlitai said that since its establishment in 1993, the company has been deeply engaged in the research and development, production and sales of cathodic electrophoretic coatings and topcoats. The technology precipitation in the automotive surface treatment industry has been more than 20 years. Through this cooperation, duelcott, a member of the surface treatment industry, will form a complementary synergy with the existing technology and market of the company through its "ultra micro arc oxidation technology", It is helpful to improve the reserve strength of the company's surface treatment technology, improve the company's product solutions, expand the sales scope, further improve the company's market brand and core competitiveness, facilitate the company's future expansion of surface treatment business in the fields of automobile, 3C electronics, new energy batteries, medical devices, aerospace, national defense and military industry, and enrich the company's products Matrix and application field.
According to the announcement, the joint venture intends to mainly engage in three business segments: 1. Processing services（ Provide customers with technical outsourcing processing services and overall product drawing outsourcing services (including materials, machining, surface treatment, etc.); 2. Technical transformation products (form unique product advantages with core technical performance, and create own brand iconic products according to market demand of standardization and mass characteristics); 3. Technical output (according to development needs and market demand, according to Process technology level, select the machine to carry out the promotion business of power equipment, process and electrolyte).
Jinlitai is mainly engaged in the research, development, production and sales of coatings. Its products are widely used in many market fields such as automobile, agricultural machinery, engineering machinery, motorcycles, auto parts, light industrial parts, building curtain walls, etc. According to the financial report, in 2019, the company achieved an operating revenue of 813.5 million yuan, a year-on-year increase of 0.59%, and a net profit attributable to the parent company of 30.0808 million yuan, a year-on-year increase of 171.63%. (painting boundary)
Related reading [finance and economics] last year, the net profit of jinlitai increased by 171.63%, and the performance of Q1 fell by 35.03% due to the epidemic
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