On February 23, Ningbo Yunsheng Co.Ltd(600366) disclosed the non-public offering plan. The company plans to non publicly issue A-Shares to no more than 35 specific objects, including Yunsheng technology, which is a wholly-owned subsidiary of the controlling shareholder Yunsheng group. The number of non-public offering shares is planned to be no more than about 297 million shares, and the total amount of funds to be raised is planned to be no more than 1.080 billion yuan, all for the construction of "Baotou Yunsheng Technology Development Co., Ltd. annual output of 15000 tons of high-performance rare earth permanent magnet material intelligent manufacturing project".
In recent years, driven by the rapid development of downstream applications such as new energy vehicles, industrial motors, wind power generation and energy-saving household appliances, the market demand for high-performance NdFeB permanent magnet materials is strong. The company is a leading enterprise in the rare earth permanent magnet material industry, and its scale and efficiency rank among the forefront in China. At present, it has two high-performance sintered Nd-Fe-B magnetic material production bases in Ningbo and Baotou, and has formed an annual production capacity of 12000 tons of Nd-Fe-B blank.
Facing the huge market demand and peer competition, the company plans to take Baotou Yunsheng, a secondary wholly-owned subsidiary, as the implementation subject of the project, expand the existing blank production capacity in Baotou production base, build 74968.00 square meters of new plants and supporting facilities, purchase advanced production equipment and supporting auxiliary equipment, and build an intelligent manufacturing production line of 15000 tons of high-performance rare earth permanent magnet materials per year, And focus on supporting the needs of downstream fields such as new energy vehicles, industrial motors, wind power generation, 3C consumer electronics and energy-saving household appliances.
Ningbo Yunsheng Co.Ltd(600366) said that the implementation of the raised investment project will greatly increase the company's production capacity and enhance the overall profitability; While improving product performance and delivery capacity, reduce raw material consumption and realize efficient, lean and flexible production process control; It will help the company improve its business layout, improve its downstream application R & D and solution capabilities, and consolidate and strengthen its comprehensive competitiveness and industry influence.
On the same day, the company released its 2021 annual performance express. Last year, the company achieved an operating revenue of 3.754 billion yuan, a year-on-year increase of 56.47%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 355 million yuan, with a year-on-year increase of 426.09%. During the reporting period, the company seized the market opportunity of rapid growth in the subdivided fields, continued to expand its market share in the three major fields of automobile, consumer electronics and industry, and achieved a significant increase in sales revenue and net profit.
