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    Home > Chemicals Industry > Rubber Plastic News > The first day of listing rose 109%!

    The first day of listing rose 109%!

    • Last Update: 2022-08-28
    • Source: Internet
    • Author: User
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    At 9:30 on July 30, Shanghai Polyjia Chemical Co.
    , Ltd.
    , an emulsion manufacturer, was listed on the Shenzhen Stock Exchange and officially landed on the Growth Enterprise Market


    .


    It is understood that Baolijia is a high-tech enterprise integrating R&D, production and sales of water-based acrylic emulsions


    .


    Water-based coatings refer to coatings that use water as a solvent or as a dispersion medium.
    The volatilization of harmful substances during production and use can be reduced by 70-80% compared to solvent-based oil-based coatings, which has less impact on the environment


    .


    It is worth noting that large-scale industrial construction has brought huge economic benefits to the society, but the problem of environmental pollution is becoming more and more serious, and protecting the environment has become the most basic task of all countries


    .


    Since its establishment, Baolijia has always adhered to the enterprise spirit of integrity based, innovation and far-reaching, and has set up technology research and development centers in Shanghai and Foshan, Guangdong, equipped with professional laboratories and advanced research and development equipment


    .


    Up to now, Baolijia and its subsidiaries have been granted 43 patents, including 23 invention patents and 20 utility model patents


    .


    In addition, Baolijia has advantages in core technology, R&D talents, equipment, management system, etc.
    , which is conducive to occupying the initiative in market competition


    .


    At the same time, Baolijia has a first-class modern and professional acrylic emulsion research and development laboratory in the industry


    .


    In his speech at the listing ceremony, Yang Wenyu, chairman of Baolijia, said that Baolijia will take this listing as an opportunity to build consensus, form a joint force, deepen the industry, forge ahead, accelerate the implementation of strategies and industrial layout, and enhance and empower high quality with process technology.
    Development, and return to the majority of investors with more excellent results

    .

    It is reported that through this IPO, Baolijia raised a total of 334 million yuan, and the final net amount of funds raised was 166 million yuan less than the original plan
    .
    According to the prospectus disclosed by Baolijia on July 23, the company plans to raise 450 million yuan, which is planned to be used for the construction of a water-based acrylic emulsion production base with an annual output of 280,000 tons

    .

    With the continuous improvement of Baolijia's production capacity layout and the continuous growth of business scale, as well as the gradual elimination of the production capacity of small and medium-sized enterprises in the industry, the market share will further increase
    .
    At the same time, Baolijia has a series of core technologies such as core-shell structure latex particle technology, hybrid emulsion technology, soap-free emulsion synthesis technology, emulsion multiple deodorization technology, and high-solid emulsion synthesis technology, which has a stronger orientation than domestic competitors.
    Market independent research and development capabilities

    .

    According to the prospectus, from 2018 to 2020, Baolijia’s operating income was 1,720,693,900 yuan, 2,054,353,800 yuan, and 2,022,150,000 yuan, respectively
    .
    Among them, the main business income was 1,667,879,100 yuan, 2,036,784,400 yuan and 2,021,689,800 yuan respectively, accounting for 96.
    93%, 99.
    14% and 99.
    98% of the operating income, and it was the main source of operating income

    .
    During the same period, the net profit realized by Baolijia was RMB 42.
    1301 million, RMB 72.
    5081 million and RMB 89.
    7998 million respectively

    .

    According to the latest financial data, from January to June 2021, Baolijia’s estimated operating income is 1,362,300,900 yuan to 1,403,170,000 yuan, an increase of 62.
    56% to 67.
    43% over the same period of the previous year; the net profit attributable to shareholders of the parent company is in the range of 45,034,000 yuan RMB to RMB 61,811,800, an increase of 3.
    60% to 42.
    20% over the same period of the previous year, and the operating results showed a good growth trend

    .

    Regarding the future development, Baolijia said that once the construction project of the water-based acrylic emulsion production base with an annual output of 280,000 tons is put into operation, it will help the company to increase its market share
    .
    At the same time, in combination with the guiding ideology and development goals of the "Thirteenth Five-Year Plan", we will continuously enhance the value creativity of the enterprise, and realize the comprehensive performance of social responsibility, brand influence, market share, technology, production and sales scale, and comprehensive service capabilities in the industry.
    Take the lead and become a leading enterprise in the national water-based acrylic emulsion industry based in Shanghai

    .

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