Date：2018-04-19 Categories：Industry News Hits：311
[guide]: China's leading flexible circuit board company, Shangda electronics, has disclosed that it will start a new round of fixed increase, with a financing amount of no more than 100 million yuan. The raised funds will be used to expand production capacity and invest in new technology research and development. At present, Shangda electronics has withdrawn from the new third board and is ready to launch an impact on the main board.
Beijing time on April 3 news, China's touch screen network news, China's leading flexible circuit board enterprise Shangda electronics has revealed that it will start a new round of fixed increase, with a financing amount of no more than 100 million yuan. The raised funds will be used to expand production capacity and invest in new technology research and development. At present, Shangda electronics has withdrawn from the new third board and is ready to launch an impact on the main board.
This article is from: http://www.51touch.com/touchscreen/news/dynamic/201804/03-50102.html
According to the relevant person in charge of Shangda electronics, the company has achieved rapid breakthrough and development in the past two years with the support of capital. At present, both customers and orders have maintained a stable growth. In order to fully meet the order demand of customers, the company needs to supplement funds to continue to expand production capacity and further expand customer resources.
In addition, the person in charge also disclosed that the company is currently in the strategic sprint period of full layout and entering the medium and high-end market. In addition to the steady improvement of production capacity, it also needs to accelerate the layout and investment in the introduction and research and development of core technologies. At present, the company has entered a number of new technologies and projects, and supplementary funds will accelerate the qualitative change and landing of technologies and projects.
It is understood that Shangda electronics successfully landed on the new third board in February 2016, and achieved a leap forward growth in its performance in that year, realizing a revenue of 836 million yuan and becoming a leading enterprise in the field of flexible circuit boards in China. It is estimated that the performance scale in 2017 will exceed 1 billion yuan and continue to maintain the leading position in the industry.
The person in charge said that the company has now withdrawn from the new third board, but the capital operation is still in an orderly manner, and there will be greater capital action next. The main purpose of this round of fixed increase is to continue to maintain the company's good situation at the capital level, continue to supplement capital for capacity and technology research and development, and help the company achieve a rapid breakthrough this year.
In fact, Shangda electronics has been developing rapidly since last year in terms of capacity expansion and technology research and development.
In terms of production capacity, the first phase project of optoelectronic new materials industrial park with a budget investment of 2.5 billion yuan in Huangshi, Hubei Province, has been completed and put into operation. All production lines adopt automatic equipment for intelligent production, with an annual capacity of more than 800000 square meters. At the same time, the software and hardware combination board technology of Shangda electronics, which has been reserved for the middle and high-end market, has also begun to be offline for production. It is expected that new production capacity will be released within this year.
It is reported that SHANGDA Electronics will continue to expand its production capacity this year, and will focus on improving product yield to meet the huge order demand from more new customers.
In terms of R & D, in addition to continuing to invest in the production process and technology of high-end products of flexible circuit boards and soft and hard combination boards, the first domestic COF production line built in Xuzhou, Jiangsu Province, with an investment of 3.5 billion yuan, will also be put into operation within the year. After the project is put into operation, it will fill the gap in this field in China, break the monopoly of Korean enterprises, and realize the comprehensive screen of mobile phones for China , OLED flexible screen and other related display field products are fully independent to provide guarantee.
Li Xiaohua, chairman of Shangda electronics, said, "2018 will be a key year for the company's strategic upgrading, and we will achieve leapfrog development in terms of products and production capacity. With the help of the state's east wind of supporting the high-end equipment manufacturing industry, and through the continuous release of production capacity and continuous investment in technology research and development, it will strive to take the lead in the field to achieve breakthroughs and drive the overall leap of the industrial chain. "