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Today (May 26), Guangdong Qide New Materials Co.
, Ltd.
(hereinafter referred to as "Qide New Materials") was officially listed on the Growth Enterprise Market of the Shenzhen Stock Exchange, with the stock code: 300995.
SZ
.
The prospectus shows that the main business of Qide New Materials is the research and development, design, production and sales of high-performance polymer composite materials and their products based on modified nylon (PA) and modified polypropylene (PP) , as well as precision injection molds.
related services
.
Modified nylon (PA), modified polypropylene (PP)
Source: Qide New Materials prospectus
The prospectus shows that from 2018 to 2020, the operating income of Qide New Materials was 246 million yuan, 269 million yuan, and 361 million yuan respectively; the net profit after deducting non-returning to the parent was 35 million yuan, 48 million yuan, and 71 million yuan
respectively.
246 million yuan, 269 million yuan, 361 million yuan, 35 million yuan, 48 million yuan, 71 million yuan
The company's revenue and non-returnable net profit from 2018 to 2020
The prospectus disclosed that the main products of Qide New Materials are high-performance polymer composite materials based on modified nylon (PA) and modified polypropylene (PP) and their products and precision injection molds, which are mainly used in high-end infants and children.
Key structural parts of strollers and child car safety seats, core structural parts of sports equipment, functional parts of auto parts,
etc.
1.
Modified nylon composite materials and products
Modified nylon composite materials and products
Qide New Material Modified Nylon Composite Materials has a strong brand awareness in the industry.
The downstream customers are mainly domestic and foreign well-known baby product manufacturers such as Le Rui Group, Le Meida, Mummy Bao, Fu Bei Bei and Wanhe.
, Galanz and other well-known household appliance manufacturers; some of these products are used by the company for the production and production of key structural parts of baby travel products, components with high performance requirements in auto parts,
etc.
Source: Qide New Materials prospectus
2.
Modified polypropylene composite materials and products
Modified polypropylene composite materials and products
Among the raw materials of modified polypropylene composite materials produced by Qide New Materials, the main materials include PP raw materials, and the auxiliary materials include glass fiber, additives, etc.
; most of these products are sold directly to the outside world, after being tested by third-party authoritative testing institutions such as SGS Meet customer needs, high quality, stable performance, with strong brand influence in the industry, downstream customers are mainly baby products companies such as Lerui Group and auto parts manufacturing companies such as Dongjian; some products are used by the company for their own use.
In the production of baby products, auto parts, child car seat accessories, smart home or furniture accessories,
etc.
Source: Qide New Materials prospectus
3.
Other modified composite materials and products
Other modified composite materials and products
Other modified composite materials produced by Qide New Materials mainly include modified PBT alloy, modified PC/ABS alloy, modified PPS alloy, etc.
The products are widely used in the fields of household appliances and auto parts and functional parts
.
Source: Qide New Materials prospectus
4.
Precision injection mold
Precision injection mold
Qide New Materials produces mold products that meet customer needs through mold design, process design, production, processing and assembly, debugging, and quality inspection, mainly including automotive plastic parts molds, baby travel parts molds and other molds.
Specific applications The fields are auto parts, baby travel products (baby strollers, child car seats) and other fields (such as high-end home appliances, packaging, etc.
)
.
Source: Qide New Materials prospectus