AVIC Sanxin Co., Ltd. (002163)
Key points 1: Shenzhen special zone plate, new energy plate, glass ceramic plate, graphene plate, certificate gold holding plate, Guangdong plate, solar plate.
Key point 2: business scope Technology development of glass deep processing products (excluding restricted projects); production and sale of building safety glass, optical glass, optical glass, optical control glass, electronic flat glass and building curtain wall, building doors and windows, steel structure and glass deep processing machinery and equipment; undertaking design and construction of curtain wall engineering; import and export business (implemented according to the document 2001-086 of the Shenzhen Trade Administration registration); general freight; foreign labor services Dispatch.
Key point 3: the main building curtain wall industry company is a professional company of glass curtain wall with complete industrial chain integrating curtain wall engineering research and development, design, construction and production and sales of engineering glass products. It is the first curtain wall design and construction enterprise in China that has won the title of high-tech enterprise. Successively undertake the terminal building of Capital International Airport expansion project, Shanghai Pudong International Airport expansion project, Guangzhou New Baiyun International Airport and other energy-saving building curtain wall projects. The business scale and market share are among the top three in domestic construction curtain wall industry, and the leading area of point supported glass curtain wall is the first in the same industry in China.
Key 4: the company intends to participate in the targeted capital increase of BMO new materials (new third board). In July 2009, BMO new materials was listed on the new third board, with the securities code of 430056. The registered capital is 36.3 million yuan. It is expected that the company will invest RMB 45024-6432000 to purchase a directional additional 11.12-16 million shares of Baimu new materials. After the directional capital increase, the company will hold 20.63-29.47% of its equity. The new materials coating products of Baimu mainly include 881 and 901 anticorrosive coatings, t541 coatings for inner wall of food containers, FZ scale zinc rich aluminum coatings, fire and high temperature resistant special coatings. Through this investment, the company successfully entered the aviation coating industry, and does not need to face the new industry and new market directly.
Key point 5: developing special glass materials The company invested and established the holding subsidiary "Bengbu Sanxin solar photovoltaic glass Co., Ltd. (70%), operated ultra white solar glass, developed green energy materials, and invested in the establishment of Hainan AVIC special glass material Co., Ltd. (16.67%), invested in the construction of online Low-E coated energy-saving glass, developed energy-saving and environmental protection materials, increased capital and expanded the holding subsidiary" Shenzhen Sanxin precision " Meite Glass Co., Ltd. (70%), participated in the construction of three ar/ito coated glass production lines for Shenzhen small and medium-sized enterprises' collective bonds and financing leasing. This production line is the largest continuous magnetron sputtering vertical vacuum coating line in China, which can provide high-quality ar/ito glass, semi lens and high reflection front surface mirror and other flat optical coated glass for the industry.
Key point 6: expand energy saving glass business With the controlling shareholder, you hang Group invested RMB 300 million (the company contributed 50million yuan, accounting for 16.67% of the registered capital) to establish Hainan Guihang Sanxin special glass Co., Ltd., which introduced the production technology and equipment of "all oxygen assisted online low-E coating energy saving glass" of the leading international enterprise PPG company, and produced the "online low-E coating energy-saving glass" material products, occupied the high-end market of energy-saving glass materials , the company will raise funds through directional and public shares after the completion of the project to purchase the equity of your aviation group in the joint venture. After the establishment of Hainan Guihang Sanxin Tebo Co., Ltd., it will be responsible for the construction of the production base of special glass materials in silicon industry. The project is expected to invest 2.5 billion yuan. It is planned to build 4 production lines and deep processing of high-end special glass products, reaching the annual output value of 4.5 billion yuan and profit and tax of RMB 1billion. The first phase investment is RMB 1billion, of which the first PPG oxygen assisted online Low-E film-saving glass production line is expected to be built for two years, with an annual output value of 700million yuan and profit and tax of 180million yuan.
Key 7: to improve the energy-saving glass deep processing industrial chain, and issue no more than 100 million a shares at the price of RMB 8.98 / share. Among them, the controlling shareholder, your aviation group, subscribes 20million shares in the non-public offering, and Tongfei, a subsidiary of AVIC group, the actual controller, subscribes 10million shares. After deducting the issuance cost, the raised funds of this non-public offering will be fully invested in Hainan AVIC Tebo for Hainan AVIC Tebo to acquire relevant assets of Fuyao Hainan and build and reconstruct the production line on the basis of which, the total investment is RMB 1.294 billion, of which 450 million yuan is used for the acquisition of relevant assets of Fuyao Hainan, and RMB 116 million is used to transform a float glass production line of the acquired assets into a float glass production line The annual profit of electronic grade glass and high-quality offline Low-E glass substrate production line is expected to be 51.1156 million yuan, and RMB 728million is used to build a new Low-E film-saving glass production line with full oxygen combustion online, and the annual profit after tax is expected to be 104962900 yuan. After the project of the raised capital investment is completed and put into operation, the company has the leading glass manufacturing and production technology in China, and the industrial chain of energy-saving glass deep processing will be more perfect. (the relevant assets of Fuyao Hainan have been acquired by the end of 2010)
Key 8: the company will expand the capacity to invest 1.4 million square meters of Low-E energy-saving glass production line with raised funds of 15.5 million yuan, and invest in Dayawan Sanxin energy saving curtain wall product production base with an annual output of RMB 100000. After the completion of both projects, the annual profit after tax increase is estimated to be about 13.08 million yuan.
Key point 9: product advantages The company has developed double-layer inner circulation unit glass curtain wall, single cable glass curtain wall, building safety and energy-saving glass, multi surface hollow laminated glass, curtain wall steel structure and roof panel system engineering technology, etc., which are listed as ministerial science and technology project plan, and the production of low radiation tempered Low-E medium air safety energy-saving glass, color glaze hollow energy-saving glass, toughened glass and other curtain wall glass products are sold to the North The United States, Japan, Western Europe, Southeast Asia, Australia and the Middle East are used in international landmark buildings such as the American torredo Art Museum, the Chinese Consulate of New York, Paris airport, France, etc.
Key point 10: advantages of R & D technology The company has established the first research and development center of safety energy-saving glass and curtain wall and thermal laboratory of energy-saving curtain wall in China, has undertaken several ministerial level projects of the Ministry of construction of the people's Republic of China, presided over and participated in the formulation of national industry standards, and formed "point supported glass curtain wall", "open curtain wall ventilation structure", "inner circulation breathing environmental protection curtain wall", "improved open double curtain wall", etc A series of patented technologies. In 2008, the company and PPG company of the United States reached the technology transfer agreement of "low-E coating energy saving glass on the whole oxygen combustion online", and "all oxygen combustion" and "online coating" are two world-leading technologies, which fill the domestic gap.
Key 11: in July 2012, the company formulated the shareholder return plan (2012-2014). In the next three years, the company shall adopt cash, stock, cash and stock combination or other methods permitted by law to distribute dividends. On the premise that the company can meet the normal operation and long-term development, the company shall actively implement the cash distribution mode. The profit distributed in cash every year shall not be less than 10% of the distributable profit realized in the current year or 30% of the annual distributable profit realized in the three consecutive years. In the case of meeting the conditions of cash dividend, the company shall make cash dividend once a year in principle. The board of directors of the company may propose the company to make interim cash dividend according to the profit and capital condition of the company. According to the annual profit and cash flow, the company can consider dividend dividend on the premise of ensuring the minimum cash dividend ratio, the size of the company's share capital and the equity structure, and to meet the long-term development needs and enhance the subsequent development and profitability.
Key 12: in order to improve the operation quality of Guangdong AVIC special glass technology Co., Ltd. (hereinafter referred to as "Guangdong AVIC special glass technology Co., Ltd.), the company intends to sign a framework agreement on equity transfer with AVIC, the controlling shareholder, and the company intends to transfer 51% of its equity stake in Guangdong AVIC Tebo to AVIC. After the equity transfer is completed, Guangdong AVIC Tebo will no longer be included in the consolidated statement of the company. According to the introduction, Guangdong AVIC special glass business scope is to produce and sell building safety energy-saving glass, photoelectric glass and other special glass; research and development, production and sales of steel structure, building doors and windows, building curtain wall, glass deep processing machinery and equipment and mechanical processing accessories products. AVIC plans to purchase Guangdong AVIC special glass related equity by cash payment. The company said that through the equity transfer, AVIC will become the controlling shareholder of Guangdong AVIC Tebo, which is conducive to improving the operation status and achieving great development of Guangdong AVIC Tebo. It is expected that the transaction will have an impact on the company's operating performance in 2014.