Dongxing Securities Corporation Limited(601198)
Notice on Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) gem issuing convertible corporate bonds to unspecified objects
Listing recommendation
Sponsor (lead underwriter)
(12th and 15th floors, Xinsheng building, No. 5 Financial Street, Xicheng District, Beijing)
March, 2002
statement
Dongxing Securities Corporation Limited(601198) (hereinafter referred to as “recommendation institution”, Dongxing Securities Corporation Limited(601198) ) accepts the entrustment of Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) (hereinafter referred to as ” Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) ,” company “or” issuer “) to act as the recommendation institution for issuing convertible corporate bonds to unspecified objects.
In accordance with the company law of the people’s Republic of China (hereinafter referred to as the “company law”), the securities law of the people’s Republic of China (hereinafter referred to as the “Securities Law”) and the measures for the administration of securities issuance and listing recommendation business (hereinafter referred to as the “measures for the administration of recommendation”) The measures for the administration of securities issuance and registration of companies listed on the gem (for Trial Implementation) (hereinafter referred to as the “measures for refinancing on the gem”), the Listing Rules of Shenzhen Stock Exchange on the gem (hereinafter referred to as the “Listing Rules”) and other relevant laws and administrative regulations, as well as the provisions of the China Securities Regulatory Commission (hereinafter referred to as the “CSRC”) and Shenzhen Stock Exchange, Be honest and trustworthy, be diligent and responsible, issue this listing recommendation letter in strict accordance with the business rules, industry practice norms and ethical standards formulated according to law, and ensure that the documents issued are true, accurate and complete.
Unless otherwise specified in the text, the definitions of the words used in this listing recommendation letter are consistent with the prospectus for the issuance of convertible corporate bonds by the gem of Yang Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) slewing ring Co., Ltd. to unspecified objects.
catalogue
Declare that 1 catalog Section 1 basic information of the issuer three
1、 Basic information of the issuer three
2、 Main financial data and financial indicators of the issuer four
3、 Main risks of the issuer seven
1、 Risk factors 7 Section 2 the issuance of Securities fifteen
1、 Basic information of this offering fifteen
2、 Sponsor representatives, Project Co sponsors and other members of this securities issuance and listing 16 III. interests and main business transactions between the recommendation institution and its related parties and the issuer and its related parties Section III commitments of the sponsor Section IV recommendation of the recommendation institution for the issuance and listing of Securities nineteen
1、 The decision-making procedures for the performance of this securities issuance 19 II. The issuer’s issuance meets the issuance conditions stipulated in the measures for the administration of securities issuance and registration of companies listed on the gem (for Trial Implementation) 19 III. The sponsor’s explanation that the issuance complies with the relevant provisions of the measures for the administration of convertible corporate bonds Section V work arrangement during the continuous supervision of the issuer twenty-seven
1、 Work arrangement twenty-seven
2、 Contact information of the recommendation institution and relevant recommendation representatives Section VI other matters that the recommendation institution deems necessary to explain Section VII recommendation conclusion of the sponsor on the listing of convertible bonds twenty-nine
Section 1 basic information of the issuer
1、 Basic information of the issuer
(I) overview of the issuer
Basic information of the project
Company name Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850)
English Name: Luoyang xinqianglian sliding bearings Co., Ltd
Unified social credit code 91410 Qingdao Huicheng Environmental Technology Co.Ltd(300779) 8968xm
Registered capital: 193946351 yuan
Paid in capital: 193946351 yuan
Xiao Zhengqiang, legal representative
The company was established on August 3, 2005
Stock listing time: July 13, 2020
Place of stock listing: Shenzhen Stock Exchange
Securities code: Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850)
Securities abbreviation Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850)
Registered address: Jiuzhou Road, Luoxin Industrial Park
Business address: Jiuzhou Road, Luoxin Industrial Park, Luoyang City, Henan Province
Postal Code: 471800
Tel: 037965190122
Fax No.: 037965190121
Internet address http://www.lyxqlbearing.com.cn.
E-mail [email protected].
Design and manufacture of large slewing ring; Design and manufacture of precision bearings; Design and manufacture of shield machine parts and components; Medium and high frequency quenching, bearing roller processing; Sales of forgings, castings and flanges; Operate the export business of the products produced by the enterprise and the import business of raw and auxiliary materials, technology and equipment required by the enterprise (except those limited by the state).
(II) the issuer’s main business, core technology and R & D level
The company is mainly engaged in the R & D, production and sales of large slewing rings and industrial forgings. The company’s main products include wind turbine main shaft bearings, yaw bearings, pitch bearings, shield machine bearings and key parts, marine equipment, crane slewing bearings and forgings, etc. The products are mainly used in the fields of wind turbine, shield machine, marine engineering equipment and construction machinery.
During the reporting period, the composition of the company’s main business income is as follows:
Unit: 10000 yuan
Project: January September 2021, 2020, 2019, 2018
Amount proportion amount proportion amount proportion amount proportion amount proportion
Rotary wind power products 16252629 86.22% 18209701 89.02% 3371374 53.66% 1674450 37.75%
Supporting marine equipment products 451218 2.39% 423750 2.07% 604281 9.62% 703988 15.87%
And shield machines 391441 2.08% 218916 1.07% 449709 7.16% 602001 13.57%
Set production
Other products 243881 1.29% 108556 0.53% 267114 4.25% 171609 3.87%
Forgings 1510174 8.01% 1494142 7.30% 1590465 25.31% 1284103 28.95%
Total 18849343 100.00% 20455064 100.00% 6282943 100.00% 4436150 100.00%
The issuer has a number of core technologies in the fields of large slewing ring, wind turbine spindle bearing, pitch bearing and so on
The technology mainly includes: no soft belt medium frequency quenching technology, no soft belt slewing ring and three row roller structure high-power air
Design and manufacturing technology of main shaft bearing of power generator set and test technology of main shaft bearing of permanent magnet direct drive wind turbine
Design and manufacturing technology of double row tapered roller main shaft bearing without soft belt for offshore wind turbine
Design and manufacturing technology of pitch and yaw bearing of force generator set, design and manufacturing technology of main bearing of shield machine
Remanufacturing technology of main bearing of structural machine, design and manufacturing technology of heavy-duty slewing ring of marine equipment, etc.
2、 Main financial data and financial indicators of the issuer
(I) main financial statement data
1. Consolidated balance sheet
Unit: 10000 yuan
Project 2021.9.30202012.31201912.31201812.31
Total assets 56539 Zyf Lopsking Aluminum Co.Ltd(002333) 70364101179068094438
Total liabilities 23326931823616937156592692137
Total owner’s equity 332120731513419564022475402301
Attributable to the parent company
Total owner’s equity 332120731513419564022475402301
2. Consolidated income statement
Unit: 10000 yuan
Project 2021.9.30202012.31201912.31201812.31
Operating income 189977642064401064309704571282
Project 2021.9.30202012.31201912.31201812.31
Operating profit 457495649703171141695650032
Total profit 457911449592261147915663715
Net profit 39992254247206998305569758
Shares attributable to the parent company
East’s net profit 39992254247206998305569758
Deducting non recurring losses
Net profit attributable to shareholders of parent company 37576373772606931231537349 after profit
3. Consolidated cash flow statement
Unit: 10000 yuan
Project from January to September 2021, 2020, 2019 and 2018
Net cash flow from operating activities -51248704102897419415235247
Net cash flow from investing activities -12450797 -6293309 -772685 -120997
Net cash flow from financing activities
