Securities code: Shenzhen United Winners Laser Co.Ltd(688518) securities abbreviation: Shenzhen United Winners Laser Co.Ltd(688518) Shenzhen United Winners Laser Co.Ltd(688518)
(101, plant 1, No. 6352, Pingshan Avenue, Shatian community, Kengzi street, Pingshan District, Shenzhen)
Issue A-Shares to specific objects in 2022
Issuance scheme demonstration and Analysis Report
Shenzhen United Winners Laser Co.Ltd(688518) (hereinafter referred to as " Shenzhen United Winners Laser Co.Ltd(688518) " or "company") is a company listed on the science and Innovation Board of Shanghai Stock Exchange. In order to meet the capital needs of the company's business development and enhance the company's capital strength and profitability, in accordance with the provisions of the company law of the people's Republic of China, the securities law of the people's Republic of China, the measures for the administration of securities issuance and registration of companies listed on the science and Innovation Board (for Trial Implementation) (hereinafter referred to as the "measures for the administration of registration") and other relevant laws, administrative regulations, departmental rules or normative documents and the articles of association, The company has prepared the demonstration and analysis report on the issuance plan of issuing A-Shares to specific objects in 2022.
Unless otherwise specified in this demonstration and analysis report, relevant terms have the same meaning as in the plan for issuing A-Shares to specific objects in Shenzhen United Winners Laser Co.Ltd(688518) 2022. 1、 Background of this issuance of shares to specific objects
(I) the transformation and upgrading of China's manufacturing industry to intelligent manufacturing brings opportunities for accelerating the application of laser processing equipment
Manufacturing industry is the main body of the national economy, the foundation of building a country, the instrument of rejuvenating the country and the foundation of strengthening the country. Building a manufacturing industry with international competitiveness is the only way for China to enhance its comprehensive national strength, ensure national security and build a world power. With the accelerated integration of new generation information technology and manufacturing industry, intelligent manufacturing and digital transformation have become a strong driving force to promote the high-quality development of manufacturing industry.
Laser technology, computer, semiconductor and atomic energy are regarded as four major inventions in the 20th century and play an important role in the progress and development of human society. Laser technology has gradually penetrated into many fields of the national economy. Typical representatives, such as laser processing equipment, are playing a more and more important role in cutting, welding, measurement, marking and other links in aviation, aerospace, automobile, consumer electronics and other fields. Its processing process is closely combined with the new generation of information technology such as industrial Siasun Robot&Automation Co.Ltd(300024) , automation system and so on, which is an important path to implement intelligent manufacturing and digital transformation. Under the background of the transformation and upgrading of China's manufacturing industry to intelligent manufacturing, the industry has ushered in good development opportunities, and the demand and market scale of laser processing equipment have also increased rapidly. According to the statistics of the professional committee of laser processing of China Optical Society, the output value of China's laser processing equipment industry continued to grow from 10.55 billion yuan to 82.1 billion yuan from 2010 to 2021, with an annual compound growth rate of 20.51%, The output value of laser welding equipment accounts for nearly 20% of the output value of laser processing equipment industry.
(II) strong support from national policies to provide a good policy environment for the development of laser equipment industry
Laser technology is one of the key technologies for the transformation and upgrading of China's manufacturing industry to intelligent manufacturing. Laser equipment based on laser technology has received key support from national policies. Since 2017, the Ministry of industry and information technology, the national development and Reform Commission and other ministries have successively issued policies to support the sustainable development of the laser equipment industry. Some industrial policies are as follows:
Time to issue department policy name policy content
The innovative development action of intelligent manufacturing equipment is proposed, which will include 8 additive manufacturing equipment such as intelligent manufacturing optical / electron beam high-efficiency selective melting equipment and laser selective burning in December 2021 development plan of the 14th five year plan, as well as advanced laser processing equipment such as ultrafast laser, General intelligent manufacturing equipment such as complete sets of laser welding equipment for ship sectors is one of the key tasks
The basic electronic components industry pointed out that the high-end promotion of key products should be implemented. The high-speed direct modulation industry development action plan of the Ministry of industry and information technology in January 2021 and externally modulated lasers and high-power lasers were listed as key development fields (20212023)
By 2025, the sales volume of new energy vehicles will reach about 20% of the total sales volume of new energy vehicles in the new energy vehicle industry; optimize the charging infrastructure. The exhibition plan of the general office of the State Council in October 2020 (20212035 construction layout, comprehensively promote the coordinated development of vehicle piles, and promote the two-way interaction of energy and information between vehicles and smart grid), Carry out pilot demonstration of a new type of charge exchange electric field station combining light, storage, charging and phase exchange
In January 2020, the Ministry of science and technology and other five major fields, such as artificial intelligence, network collaborative manufacturing, 3D playing, strengthening "0-1" basic printing and laser manufacturing, key basic materials, research work plan of advanced electronic materials and doors, structural and functional materials, manufacturing technology and key components, will be supported to promote breakthroughs in key core technologies
The guidance on industrial structure adjustment lists the following industries as encouraged industries: intelligent welding is prepared in the catalogue of the national development and Reform Commission in October 2019 (2019 version), and high-energy beam welding and cutting equipment such as laser welding and cutting and electron beam welding
Automatic and semi-automatic laser welding machine Other laser welding machines and laser welding equipment are listed as intelligent manufacturing equipment industry. In November 2018, the National Bureau of statistics issued "strategic emerging industries sub key products and services; excitation for Cecep Solar Energy Co.Ltd(000591) heat collection products (2018)" Optical welding equipment is listed as the key products and services of Cecep Solar Energy Co.Ltd(000591) equipment and production equipment manufacturing industry under the new energy field
The high-end intelligent remanufacturing industry encourages the application of laser and other remanufacturing technologies to cultivate a number of service-oriented high-end intelligent remanufacturing enterprises according to the Ministry of industry and information technology's action plan in November 2017 (20182020 equipment to carry out professional and personalized remanufacturing technical services)
To continuously improve the performance, quality and safety of existing products, the Ministry of industry and information technology and the Ministry of development should improve to reduce costs in one step, ensure high-quality power by 2018, promote the supply of automotive power batteries by the Commission and the Ministry of science and technology in March 2017, vigorously promote the development and industrialization of new lithium-ion power batteries, and realize large-scale application by 2020; Focus on strengthening the basic research of new system power battery, and realize technological transformation, development and testing in 2025
The continuous and strong support of national policies provides a good policy environment for the development of laser equipment industry, which is conducive to the long-term sustainable development of laser equipment industry.
(III) with the rapid development of downstream application fields, the demand for laser equipment ushered in an explosion
The downstream application fields of laser equipment industry include automobile, power battery, consumer electronics, communication and other pillar industries of the national economy. Laser equipment will benefit from the development of these industries and maintain good growth for a long time.
At present, 50% - 70% of the manufacturing processes of auto parts (including new energy vehicles) in European and American developed countries have been completed by laser processing, and the Chinese market is far from reaching this level. Laser welding can not only reduce the body weight, improve the assembly accuracy of the body, improve the automobile manufacturing efficiency and reduce the automobile production cost, but also greatly strengthen the strength of the body and provide higher safety guarantee for users while enjoying comfort.
Power battery is the core component of new energy vehicles. The welding quality of power battery is one of the key factors affecting the performance and safety of power battery. Due to the large number of welding parts, great difficulty and high precision requirements, power battery manufacturers have strict requirements for the automation, safety, precision and processing efficiency of battery production equipment. Laser welding has the characteristics of concentrated energy, high welding efficiency and high machining precision, which has obvious advantages over other welding methods. The advantages of laser welding technology can greatly improve the safety, reliability and consistency of batteries, reduce costs and prolong service life. It has become the best choice for power battery manufacturers.
The laser processing equipment industry will benefit from the growth of new energy vehicles and power battery industry and usher in rapid development. According to the information of the Ministry of industry and information technology, the production and sales of Shanxi Guoxin Energy Corporation Limited(600617) vehicles both exceeded 3.5 million in 2021, reaching 3.545 million and 3.521 million respectively, with a year-on-year increase of 1.6 times and a rapid growth. In January 2022, the national development and Reform Commission and the National Energy Administration jointly issued the "14th five year plan" for modern energy system, pointing out that by 2025, the sales of new energy vehicles will account for about 20%. According to public information, industry analysts believe that with the accelerated development of new energy vehicles, the above goals are expected to be achieved in advance. According to the prediction of lithium battery research institute of Gaogong Industry Research Institute, the sales volume of Shanxi Guoxin Energy Corporation Limited(600617) vehicles will reach 12.88 million in 2025, a compound increase of 38% over 2021. As the power source of new energy vehicles, China Shipbuilding Industry Group Power Co.Ltd(600482) battery shipments also grew rapidly. According to the statistics of lithium battery research institute of SAIC, the shipment volume of China Shipbuilding Industry Group Power Co.Ltd(600482) battery in 2021 was 220gwh, with a year-on-year increase of 165%. According to its prediction, the global shipment volume of power battery will reach 1550gwh in 2025 and 3000gwh in 2030, and China's global market share will stabilize at more than 50%.
The state vigorously promotes the transformation of manufacturing industry to intelligent manufacturing and digitization, and the "double carbon" strategy continues to introduce policy objectives. The rapid growth of sales of new energy vehicles will promote the long-term good development of laser equipment industry.
(IV) this issuance is in line with the company's development strategy
Adhering to the business philosophy of "quality, innovation, efficiency and service", the company adheres to the principle of "market-oriented, quality assurance, service-centered, R & D as the foundation, technology as the core and production as the basis", strengthens the organization and management ability, and steadily promotes the construction of marketing channels and high-quality after-sales service through complete product R & D and production, continuous technological innovation and steady promotion, We are committed to becoming a world-class provider of laser welding and automation solutions.
The company practices the development strategy and focuses on the field of laser welding. It is a leading enterprise in the laser welding industry. Its products are widely used in mainstream power battery enterprises, including Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , ATL, Sunwoda Electronic Co.Ltd(300207) , etc. The funds raised in this issuance are mainly used for the construction of East China base and Shenzhen base, as well as the construction of East China Technology Center and Shenzhen digital operation center. It is carried out around the company's main business, which is conducive to improving the company's production capacity, technical strength and management ability, and meets the requirements of the company's development strategy. 2、 The necessity of this issuance of securities and its variety selection
(I) type and par value of issued shares
The type of shares issued to specific objects this time is RMB ordinary shares (A shares) listed in China, with a par value of RMB 1.00 per share.
(II) necessity of this issuance of securities
1. The need to improve the independent production capacity of laser and enhance the market competitiveness
The company serves an increasingly wide range of customers. Many customers put forward customized and diversified process needs, the field of technology application is continuously expanded, the variety of materials to be welded continues to increase, and the types of lasers required are increasingly abundant. As the core component of laser welding equipment, laser has a great impact on welding quality and product performance.
The company has a certain laser production capacity, which ensures the performance and competitiveness of the company's complete set of laser welding equipment to a great extent. However, the company's existing laser capacity can not fully meet the business needs of rapid development, and most of the purchased lasers are standardized products, which can not fully meet the requirements of customers
