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Jusailong GEM IPO successfully planned to raise 360 million yuan, expanding production in East China and South China

 Last Update: 2022-08-27
 Source: Internet
 Author: User

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On May 14, Guangzhou Jusailong Engineering Plastics Co.
, Ltd.
(hereinafter referred to as "Jusailong") successfully attended the 26th review meeting of the GEM Listing Committee in 2021

The prospectus shows that Jusailong has always focused on the field of new polymer materials, and its main products include modified general plastics, modified engineering plastics, modified special engineering plastics and other polymer materials

Source: Jusailong prospectus

According to the prospectus, from 2018 to 2020, the operating income of Jusailong was 868 million yuan, 1.
000 billion yuan, and 1.
108 billion yuan respectively; the net profit after deducting non-returning to the parent was 24 million yuan, 42 million yuan, and 75 million yuan respectively

The company's revenue and non-returnable net profit from 2018 to 2020

Source: Jusailong prospectus

Wide range of product applications

Jusailong's stock description shows that Jusailong is a high-tech enterprise specializing in the research and development, production and sales of modified plastics.
Jusailong's main products are widely used in household appliances, automotive industry, electronic communications, medical supplies and other fields.
, the main customers include Midea Group, Supor, Hisense Group, Galanz Group, Dongfeng Group, Toyota Group, Pulian Technology and other well-known enterprises

The prospectus shows that during the reporting period, the company's products are mainly modified PP, modified PC/ABS, modified PA, modified PBT, and modified ABS product series.

Source: Jusailong prospectus

Modified plastic products are used for convenient transportation and injection molding in the downstream field.

Source: Jusailong prospectus

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Jusailong GEM IPO successfully planned to raise 360 ​​million yuan, expanding production in East China and South China

Jusailong GEM IPO successfully planned to raise 360 million yuan, expanding production in East China and South China