echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Puyuan Jingdian landed on the Shanghai Stock Exchange Science and Technology Innovation Board to promote domestic substitution in the testing and measurement industry

    Puyuan Jingdian landed on the Shanghai Stock Exchange Science and Technology Innovation Board to promote domestic substitution in the testing and measurement industry

    • Last Update: 2022-05-27
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [ Star Enterprise of Chemical Machinery Equipment Network ] On April 8, Puyuan Jingdian Technology Co.
    , Ltd.
    (hereinafter referred to as "Puyuan Jingdian", stock code: 688337.
    SH) officially landed on the Shanghai Stock Exchange Science and Technology Innovation Board
    .

     
    Chemical Machinery Equipment Net Star Enterprise Chemical Machinery Equipment
    Since its establishment, Puyuan Jingdian has focused on the development and breakthrough of cutting-edge technologies in the field of general electronic measuring instruments.
    Its main business is the research and development, production and sales of general electronic measuring instruments.
    Its main products include digital oscilloscopes, radio frequency instruments, waveform generators, Power supplies and electronic loads, multimeters and data collectors, etc.
    , are currently Chinese companies that are equipped with the core chipset of digital oscilloscopes independently developed and successfully industrialized
    .

     
    Electronic measurement
    In recent years, with the acceleration of downstream development, the demand for electronic measuring instruments has continued to grow
    .
    The downstream of Puyuan Jingdian covers education and scientific research, industrial production, communication industry, aerospace, transportation and energy, consumer electronics and other industries.
    The basic means of research, development and technological upgrading are based on electrical measurement technology
    .
    With the increments brought by new scenarios such as Internet of Things and autonomous driving, the demand for electronic measuring instruments will continue to grow
    .

     

      According to the data from Puyuan Jingdian's "Prospectus Letter of Intent", from 2018 to 2021, Puyuan Jingdian achieved operating income of RMB 292.
    1381 million, RMB 303.
    8897 million, RMB 354.
    2072 million and RMB 483.
    9418 million respectively
    .
    Among them, in 2020, it will increase by 16.
    56% year-on-year, and in 2021, it will increase by 36.
    63% year-on-year
    .

     

      From January to March 2022, Puyuan Jingdian's operating income is expected to be between 119.
    6 million yuan and 122.
    1 million yuan, a year-on-year increase of 29.
    46% to 32.
    17%.
    In the context of repeated epidemics, it will continue to maintain a high-speed growth trend
    .

     

      As a Chinese enterprise, for Puyuan Jingdian, the greater opportunity lies in "domestic substitution"
    .
    Frost & Sullivan's report also shows that in 2019, the market size of China's electronic measuring instruments is about 30.
    093 billion yuan, and the top 5 companies are all overseas companies, accounting for a total market share of about 43.
    1%, while the market share of Chinese local companies is mostly less than 1%
    .

     

      The state attaches great importance to the "basic and strategic emerging industry" of the "electronic measuring instrument industry", and has passed the "13th Five-Year Plan for National Science and Technology Innovation" in 2016 and the "On Expanding Strategic Emerging Industries" in 2020.
    Guiding Opinions on Cultivating and Expanding New Growth Point Growth Pole by Industrial Investment and a series of policies such as the "14th Five-Year Plan" in 2021 are fully demonstrated
    .
    Facing the increasingly complex international trade environment, in order to solve the "stuck neck" problem of high-end technology, the "domestic substitution" of electronic measuring instruments is accelerating
    .

     

      Puyuan Jingdian issued 30,327,400 shares this time; the total amount of funds raised from the IPO was 1.
    846 billion yuan, and the investment projects were mainly used for high-end digital oscilloscope industrialization projects based on self-developed chipsets, and high-end microwave and radio frequency instruments.
    R&D and manufacturing Project, Beijing R&D Center expansion project, Shanghai R&D center construction project and supplementary working capital,
    etc.

     

      Original title: Puyuan Jingdian listed on the Shanghai Stock Exchange Science and Technology Innovation Board to promote domestic substitution in the testing and measurement industry
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.