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    Home > Coatings News > Paints and Coatings Market > Cash out 125 million yuan!

    Cash out 125 million yuan!

    • Last Update: 2021-07-27
    • Source: Internet
    • Author: User
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    On July 12, Matsui Co.
    , Ltd.
    (688157) issued an announcement that the company's shareholder Changsha Songmao Asset Management Partnership (Limited Partnership) (now renamed "Shandong Songan Enterprise Management Partnership (Limited Partnership)") reduced its holdings in a block transaction.
    The company shares 1.
    1139 million shares, the price range of this reduction is 112.
    43-112.
    43 yuan per share, and 125 million yuan is cashed out
    .
    The announcement shows that before the reduction, Shandong Songan held a total of 5,364,000 shares of the company.
    After the reduction, it holds 4,250,100 shares, accounting for 5.
    34% of the total share capital
    .
    The reasons for this shareholder reduction have not been announced in the announcement, but this type of situation is also quite common in the stock market, and it is often not very relevant to the development of the company.
    In fact, in recent years, Matsui has maintained a high performance.
    Growth, only in the first half of the year, the stock price increased by 50.
    62% from 82.
    76 yuan at the end of 2020 (previously restored price), and the current total market value is 9.
    923 billion yuan
    .
    On the evening of April 29, Matsui, a listed company on the Science and Technology Innovation Board, released its 2020 annual report
    .
    Affected by factors such as the high base in 2019 and the new crown epidemic in the first half of 2020, the company achieved operating income of 435 million yuan in 2020, a slight drop of 4.
    44% year-on-year; net profit attributable to the parent company was 87.
    18 million yuan, down 6.
    13% year-on-year
    .
    Institutional investors said that on the one hand, Matsui's 2017-2019 revenue and net profit attributable to the parent company have maintained rapid growth for three consecutive years
    .
    Data show that from 2017 to 2019, Matsui's operating income was 187 million yuan, 262 million yuan, and 455 million yuan, respectively, with year-on-year growth rates of 19.
    23%, 39.
    93%, and 73.
    56%; the net profit attributable to the parent in the same period was 27.
    238 million yuan.
    , 52.
    273 million yuan, 92.
    874 million yuan, year-on-year growth rates were 74.
    86%, 91.
    91%, and 77.
    67%
    .
    In recent years, due to the outstanding features of new functional coating material products and technologies in terms of environmental protection and functionality, relevant national and local departments have issued a number of supporting development policies, superimposing the shift of manufacturing focus to the country and downstream terminals brought about by the Internet of Things technology.
    Factors such as the continuous enrichment of application scenarios, the market for new functional coating materials is promising
    .

    Matsui focuses on the functional coating market and has formulated three strategic growth curves: 1.
    In the field of high-end consumer electronics coatings, continue to cultivate and work hard to truly become the leading brand in the industry; 2.
    Increase coverage of auto parts coatings and aftermarket The layout of the automotive coating field including the coating and original paint coating market, relying on core innovative products, taking into account capital market means, seizing market share, and striving to achieve scale income in the future; 3.
    Strengthen technical reserves, integrate relevant resources, and enter in a timely manner Special functional coating material field
    .
    It is based on the above strategic layout that Matsui has maintained rapid growth in performance for three consecutive years, and achieved new breakthroughs in the first quarter of 2021
    .
    1.
    In the field of high-end consumer electronics coatings, continue to work hard to truly become the leading brand in the industry; 2.
    Increase automotive coatings covering automotive parts coatings, aftermarket coatings, and original paint coating markets Field layout, relying on core innovative products, taking into account capital market means, seizing market share, and striving to achieve scale income in the future; 3.
    Strengthen technical reserves, integrate relevant resources, and enter the field of special functional coating materials in a timely manner
    .
    It is based on the above strategic layout that Matsui has maintained rapid growth in performance for three consecutive years, and achieved new breakthroughs in the first quarter of 2021
    .
    According to Matsui's 2021 quarterly report, the company achieved operating income of 112 million yuan in the first quarter, a year-on-year increase of 36.
    68%; net profit attributable to the parent company was 22.
    75 million yuan, a year-on-year increase of 62.
    61%
    .
    The company's revenue and net profit in the first quarter both hit new highs over the same period
    .
    In the first quarter, Matsui continued to achieve breakthroughs in its operations.
    In the field of high-end consumer electronics, the company's water-based paint products used in Amazon Kindle project, ASUS keyboard, Logitech mouse and other product lines have achieved mass production; and Microsoft, Google, OPPO , VIVO, etc.
    have also established business partnerships, and some products have been mass-produced
    .
    In the field of passenger cars, the company has successively added AVL qualification certifications for automobile terminal brands such as BYD and Weilai
    .
    The UV silicon feel coating project has passed Tesla’s terminal hand feel and color signature samples, and successfully entered the mold factory sample stage.
    Matsui stated that in 2021 the company will increase product research and development efforts and market development efforts, and vigorously lay out the automotive coatings field.
    3C market experience, taking automotive parts coatings as the entry point, entering the list of more suppliers’ AVL certification qualifications, gaining market share and gradually entering a broader space in the automotive coatings market
    .



    Disclaimer The content of this article is comprehensively sourced from the announcement of Matsui Co.
    , Ltd.
    , Huizheng Information, etc.
    , edited by Ai Tubang.
    Please indicate the source for reprinting
    .
    If it involves the content of the work, copyright and other issues, please contact this official account in time, we will delete the content as soon as possible!
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