Zhongtai Securities Co.Ltd(600918) the small and medium-sized market research team combed and studied the companies approved by the CSRC for IPO registration in the latest week (December 20, 2021-december 26, 2021) on the gem, the gem and the Beijing stock exchange, and launched the weekly special research report on new shares. This weekly report involves 2 companies on the gem, 3 companies to be issued on the gem and 2 companies to be issued and to be issued on the Beijing stock exchange:
Kechuang board:
Zhenlei Technology (a21251. SH): the company is an enterprise focusing on the R & D, production and sales of integrated circuit chips and Microsystems, and providing technical services around related products. The compound annual growth rate of the company’s revenue from 2018 to 2020 was 517.20%, and the net profit attributable to the parent changed from negative to positive in 2019 and reached 77 million yuan in 2020. The growth capacity is outstanding, mainly because the company’s products began to be finalized and mass produced in 2019, and the revenue scale increased significantly. Integrated circuit chip is a high prosperity industry and shows the trend of domestic substitution, with a wide market space. With the enhancement of the company’s R & D capability promoted by the raised investment projects, the company is expected to further improve its industry strength and position.
East micro semiconductor (a21130. SH): it is a technology driven semiconductor enterprise focusing on the R & D and sales of high-performance power devices. It has realized domestic substitution in the field of high-voltage super junction and medium and low-voltage power devices applied in industrial fields. The compound growth rates of revenue and net profit of the company from 2018 to 2020 were 42.11% and 46.07% respectively, and the growth capacity was higher than that of comparable companies in the same industry. Based on years of accumulation of technical advantages, in-depth integration ability of industrial chain and excellent customer innovation service ability, the company has become one of China’s leading high-performance power device manufacturers and one of the few local companies that can break through overseas technology monopoly in the field of super junction MOSFET. With the continuous enhancement of the company’s R & D capability promoted by raised investment projects, the company is expected to further improve its profitability and comprehensive strength.
Gem:
Juncheng Technology (a20752. SZ): the company is a high-tech enterprise mainly engaged in the R & D, design, production and sales of customized LCD products. From 2017 to 2020, the compound growth rates of revenue and net profit were 14.17% and 8.12% respectively. The downstream areas of LCD display industry, such as industrial control, automotive electronics, medical and health care, are prosperous and have stable growth space. The company is in good financial condition. The implementation and implementation of raised investment projects will significantly improve the company’s production capacity and R & D capacity, and is expected to further improve the company’s market share and its own competitive strength.
Shipu testing (a20516. SZ): the company is a third-party testing organization with professional characteristics of soil and groundwater. The testing scope includes soil, water quality, gas, solid waste, agricultural food and dioxin, covering the testing business related to environment and food safety from farmland to dining table. From 2017 to 2020, the compound growth rates of revenue and net profit were 57.19% and 15.20% respectively, and the growth rate of revenue was higher than the industry average. Based on years of deep cultivation of soil and groundwater expertise, the company has established a high brand awareness and market credibility in the industry. Due to the promotion of relevant policies and stricter supervision, the market demand for soil and groundwater testing has increased significantly, the industry is in a growth period, and the market scale has expanded rapidly. With the implementation of raised investment projects, the company will further expand its production scale, improve its R & D strength, and further enhance its market position and core competitiveness.
Tengyuan cobalt (a20542. SZ): the company is mainly engaged in the R & D, production and sales of cobalt and copper products. It is one of the leading cobalt salt manufacturers in China. The compound growth rates of the company’s revenue and net profit from 2017 to 2020 were 1.98% and 6.53% respectively. In the future, the battery industry will develop rapidly with the growth of global mobile electronic products and a new generation of electric vehicles. The application of cobalt battery will be further improved in the future. In addition, the rapidly developing new energy industry will bring new growth points to the demand for copper. With the increase of the supply proportion of the company’s Cobalt and copper raw materials by the Congo (DRC) subsidiary, the company’s production cost will be further reduced. After the implementation of the raised investment project, the production capacity of cobalt products will be further increased to 20000 metal tons, and the company’s Cobalt product revenue is expected to increase in the future.
Beijing stock exchange:
Weibo hydraulic (871245. BJ): the company mainly provides customers with one-stop professional services such as the design, production and sales of various hydraulic products such as hydraulic power units and hydraulic pumps. From 2017 to 2020, the compound growth rates of revenue and net profit were 14.07% and 16.87% respectively. At present, China’s market demand remains at a high level, the domestic alternative market space is broad, the market demand of downstream host manufacturers remains at a high level, and the company’s orders on hand are growing rapidly. With the company’s continuous expansion of production capacity, the profitability is expected to be further improved.
Hujiang materials (a21530. BJ): the company is mainly engaged in the R & D, production and sales of high barrier industrial flexible packaging. It is a professional provider of overall solutions for high barrier industrial flexible packaging, mainly used in chemical industry electrical (lithium battery), food, medicine and other industries have strong competitiveness and stable market position in the segment of high barrier industrial flexible packaging. The compound growth rates of revenue and net profit in 2017-2020 were 8.95% and 14.03% respectively. The company’s main business benefited from the support of national policies and has the effect of import substitution. The downstream industries are extensive and have a high prospect. With the implementation of raised investment projects. It is conducive to further improve the company’s technical level, optimize business ability, improve market share, and enhance the company’s profitability and comprehensive competitiveness.
