On September 5, XiPing shares announced a plan to increase revenue. The company plans to issue no more than ten specific investors, including Henan Wanxi Holdings Co., Ltd., at a price not lower than RMB 19.95 per share. With more than 28 million shares, the total amount of funds raised this time will not exceed 550 million yuan. It is intended to be used for the annual production of 1.5 million turbocharger housing projects and 3 million annual output of Zhengzhou Feilong Automobile Parts Co., Ltd. Automotive Parts Project (Phase I) and Supplemental Working Capital.
It is reported that Wanxi Holdings, which participated in the planned increase in this time, is a newly established company for the separation and separation of Wanxi Pharmaceuticals. It was established on June 27, 2014. It is only a purely holding company, except for controlling the number of shares including Xi Pump. Outside the company, there are no other business activities.
Specifically, after the Nanyang Feilong Automotive Components Co., Ltd. produced an annual output of 1.5 million turbocharger housing projects, it is expected to bring sales revenue of 450 million yuan and profit after tax of 38,377,800 yuan. After the Zhengzhou Feilong Auto Parts Co., Ltd. has an annual output of 3 million auto parts projects (phase 1), it will form an annual production capacity of 1.8 million auto water pumps and 200,000 auto electronic water pumps. It is expected that the sales revenue will be 2.2. 100 million yuan, after-tax profit reached 18,496,600 yuan.
At present, due to the outstanding effect of energy-saving and emission-reduction of turbocharging technology, turbocharger technology has become the most recognized technical measure to reduce the fuel consumption of internal combustion engines and reduce exhaust emissions. The company believes that as China's auto production and sales volume and engine turbocharger installed capacity increase year by year, the turbocharger housing produced by this project will be the main component of the turbocharger, and the market size will also increase. The smooth implementation of the project will bring new profit growth points to the company.
In addition, the development of new energy vehicles and the upgrading of traditional automobile engine technology will increase the demand for automotive electronic water pumps, which will also bring opportunities for the company. At present, the main customers of the company's automotive water pumps are well-known domestic and foreign automobile manufacturers such as Shanghai General Motors, FAW-Volkswagen and US Cummins. With the development of major customers, the company's 3 million auto parts project (Phase 1) projects can expand the company's automobiles. The capacity of the pump increases the company's specialization, mass production and supply capacity.
Iron-based laser cladding powders are used in the laser cladding process, which is a technique used to apply a protective coating or build up a desired shape on a metal surface. These powders consist of iron as the main component, along with other alloying elements to enhance specific properties.
Iron-based laser cladding powders typically have a controlled particle size distribution and composition to ensure optimal performance during the laser cladding process. They are designed to have good flowability and excellent metallurgical bonding with the substrate material.
SS Powder,316L Powder,Steel Powder,Stainless Steel Powder
Luoyang Golden Egret Geotools Co., Ltd , https://www.xtclasercladding.com