CSI Intelligent Finance Tengjing Technology (688195) released a pre-plan for a fixed additional issue on the evening of May 24th.MarvinandmaeacostaThe company intends to issue no more than 3880 to no more than 35 specific investorsMarvinandmaeacosta.50,000 sharesMarvinandmaeacostaThe total amount of funds raised does not exceed 4.Marvinandmaeacosta85 million yuan for the construction of optoelectronic key and core components (phase III), Thailand production base construction project, and R & D center construction project (phase II).
Enrich the product matrix and grasp the strategic opportunity
The construction project of key and core components of optoelectronics (Phase III) has a total investment of 265 million yuan, with a planned investment of 263 million yuan, which is planned to be leased in Fuzhou. Through the renovation and renovation of the factory building, a series of advanced production equipment, testing equipment and other auxiliary equipment are introduced to expand the production capacity of precision optical components and optoelectronic modules. In order to better meet the market demand for these products, solve the contradiction between the strong market demand and the company's insufficient production capacity, and provide the company with good investment returns and economic benefits.
Based on the optoelectronics industry, the company has continuously invested in technological innovation for many years, accumulated profound technological precipitation, and established five categories of core technologies, covering the main links in the manufacture of optoelectronic components, forming a technical system of vertical integration and close connection from optical components to optical fiber devices. This fund-raising investment project company plans to increase the production capacity of precision optical components and optoelectronic modules, which is an important measure for the company to enrich the product matrix, strengthen business development in various application fields, and expand the scale of production and operation.
With the vigorous development of new technologies and industries such as 5G mobile communications, cloud computing, big data, artificial intelligence, high-end equipment and advanced manufacturing, and intelligent connected cars, China's optoelectronic components industry will usher in a period of strategic opportunity. This fund-raising project is an important measure for the company to realize its development strategy. The implementation of this fund-raising project is expected to further enhance the company's market share and profitability, further consolidate the company's industry position, and enhance its market competitiveness. meet the needs of the company's strategic development.
According to the project plan, the internal rate of return after tax after the completion of the project is 14.39%, and the investment payback period (including the construction period) is 7.97 years.
Strengthen customers'in-depth cooperation to capture the benefits of Thai policies
The construction project of Thailand production base has a total investment of 174 million yuan and plans to use the raised funds to invest 164.5 million yuan. It plans to use the combination of leasing and self-built factory buildings to obtain the required sites for the project in Thailand, and to build relevant supporting facilities. a series of advanced production equipment, testing equipment and other auxiliary equipment are introduced to expand the production capacity of precision optical components, optoelectronic modules and optical fiber devices. The implementation of the project will enable the company to further develop into a strategic partner of L customers and deeply integrate into the demand side of the customer supply chain. at the same time, it will also take this opportunity to further expand overseas business and promote the sustainable development of the company.
With years of development, the company has accumulated customer resources of well-known enterprises and important scientific research institutions in many industries. Among them, L customer is a well-known manufacturer of global optical communication modules, lasers and 3D sensors, occupies an important position in the industry, and the company is one of its important component suppliers. The implementation of this project is to establish a deeper industrial chain relationship with L customers, so it is proposed to expand production in part of the leased sites in its park to meet its growing product demand. This is not only an important step in the strategic layout of the company, but also a milestone in the deep cooperation between the company and it.
In addition, Thailand, located in the geographical center of Southeast Asia, has always attracted investors from all over the world with its open and inclusive business environment and high policy transparency. In recent years, with the continuous promotion of China's "going out" policy and the in-depth implementation of the "Belt and Road Initiative" initiative, Thailand has become a hot place for overseas investment for many Chinese enterprises. At the same time, the Thai Investment Promotion Council has also formulated special stimulus policies for the Eastern Economic Corridor, such as exempting enterprises in the region from corporate income tax for a certain period of time and allowing BOI-supported projects to own land. In addition, Thailand is relatively rich in labor resources and low labor costs, which can reduce the company's employment costs to a certain extent.
According to the project plan, the internal rate of return after tax after the completion of the project is 15.15%, and the investment payback period (including the construction period) is 7.69 years.
Research and develop new core technology to expand business chain
The R & D center construction project (phase II) has a total investment of 58.4271 million yuan and plans to use the raised funds to invest 57.5 million yuan to build the technology of precision regulation and control of light field, and develop a series of time domain (frequency space) and spatial domain (propagation space) of optical wavefront. as well as the advanced technology of precise adjustment and control of polarization, to achieve the gradual upgrading of R & D capability. At the same time, the company will carry out R & D projects, add new R & D equipment, introduce high-level R & D technical personnel, further enhance the R & D talent team, and improve the company's R & D technology level.
Driven by the large-scale construction of downstream data centers and the promotion of laser, semiconductor, consumer electronics and other fields, higher requirements have been given to the speed and performance of optical communication devices and modules. the product structure of the precision optical component industry continues to evolve to a high end to meet the growing market demand. Therefore, through the implementation of this project, the company will build new core technologies to realize the research and development of "chirped grating technology development", "free-form surface technology development", "wafer grayscale lithography technology development" and "nanostructure polarizer development", so that the products conform to the development trend of the industry.
With the help of the implementation of this project, the company will build the precision control technology of light field, further enhance the research and development capability of the company in the field of precision optical components, improve the industrialization efficiency of achievements, and realize the expansion of the company's business chain. This project will help to enhance the company's innovation ability, enhance the company's competitiveness in technology and services, effectively enhance the company's cutting-edge scientific and technological research capability, accelerate the transformation of the company's scientific research achievements, enhance the company's long-term profitability, and improve the company's core competitiveness. Promote the sustainable development of the company.
(article source: China Securities News, China Securities Network)
