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上海艾录:南方基金、交银施罗德等3家机构于9月16日调研我司

Shanghai Ailu: three institutions, including Southern Foundation and BoCom Schroeder, investigated our company on September 16.

證券之星 ·  Sep 19, 2021 20:55

Shanghai Ailu (301062) issued an announcement on September 19th, 2021: long Yiming of Southern Fund, Che Yuwen, Shirode Zhang Xuerong, Tian Yilong, Qiu Hua, Sun Jieyi, Li Ruixue of Zhejiang Merchants Securities, Shi Fanke investigated our company on September 16, 2021, the survey was hosted by Chairman and General Manager Chen Ankang and securities affairs representative Lin Yuzhu.

The main contents of this survey are as follows:
First of all, we briefly introduced the general situation of the company to the investors, and broadcast the promotional video of the company, and then made specific exchanges on the key issues of concern to the investors. the minutes of the meeting are as follows:
1. What are the technical barriers to the business materials of composite plastic packaging (cheese stick color film)? Composite plastic packaging products are made of three layers of special materials: PET film, PS film and EVOH film. PET, PS and EVOH three-layer film are the three indispensable components of the product. The main technical barriers are:
The main results are as follows: 1. The surface material needs to be resistant to high temperature to more than 170 degrees, does not stick to the hot die, and does not deform when heated, but under a certain suction, it can reach more than 110% of the pull deformation, which is convenient for the plastic forming of the heated material.
2. The printing accuracy of the surface material is very high. Once the printing size error exceeds the positive and negative 0.1mm, it will not be able to accurately cut each cheese, thus making a large number of materials scrapped and unable to produce normally.
3. Due to the need for preheating, heating, blister molding, reheating and sealing the edge, rapid cooling, bar insertion, filling and other rapid processing processes in the cheese filling process, in the whole process, each three-dimensional package needs to be accurately embedded into more than 40 concave mold holes. Therefore, there are strict requirements for the tensile and shrinkage resistance of packaging interlayer PS materials.
4. The inner layer of easy-to-peel EVOH barrier film should not only have the function of locking flavor, but also have the material characteristics that can be easily torn apart. problem
2. May I ask what work has been done to maintain the existing gross profit margin company? The existing gross profit margin is the result that the company will optimize the cost side through technology optimization and large-scale production advantage. The company will mainly maintain gross profit margin from the following aspects: (1) stabilize customer cooperation (2) solve customer demand pain points through perfect integrated packaging services (3) continuously increase investment in research and development, build product technical barriers (4) persist in developing green packaging
3: could you tell me something about the equipment of the company? In terms of industrial paper packaging production, the company has four complete German Waugh full-automatic CNC CNC production lines, leading the industry in terms of production efficiency, supply capacity for large quantities of orders, product quality stability and so on. In the production of composite plastic packaging, the company has German Wendh three-layer and seven-layer co-extrusion composite film production equipment, European sheet extrusion equipment, European composite equipment and independent research and manufacturing of intelligent ripening, cutting, packaging, multi-robot collaborative operation of the assembly line, with a strong flexible production capacity, can quickly respond to the production needs of customers with different composite plastic packaging products. problem
4: please introduce the pricing model with downstream customers (industrial paper packaging and composite plastic packaging)? The company's product pricing model belongs to the cost plus model, so when making a product quotation, the company will comprehensively formulate a pricing strategy based on many factors, such as customer demand, market price, sales expenses, and the company's production cost. and based on the contract signing cycle with downstream customers, cooperation relationship, procurement scale, credit status and other factors, according to the price adjustment mechanism agreed in the contract to adjust the price. These price adjustment mechanisms mainly calculate the rate of price adjustment on a quarterly basis according to the agreed fluctuation of reference objects such as the raw material price index, which helps to ensure a reasonable profit margin for the company's product sales. In addition to the above price adjustment and price increase methods, the company is also affected by business negotiations, bidding, order scale, market competition and other factors in the product pricing process, and finally determine the product price and sign sales contracts or orders after consultation with customers.

Shanghai Elu's main business: technical development, design and sales of robot filling equipment, plastic products and plastic hoses, R & D, design, manufacture and sale of polymer environmental protection composite packaging paper bags and composite bags. Paper, adhesives, packaging materials, packaging machinery, chemical raw materials and products (except hazardous chemicals, monitoring chemicals, fireworks, civil explosives, precursor chemicals) sales Road cargo transportation (except dangerous chemicals), packaging design, packaging printing, engaged in goods import and export and technology import and export business.

According to the Shanghai Eilu 2021 report, the company's main income was 516 million yuan, up 57.04% from the same period last year; the net profit from the return to the mother was 78.5951 million yuan, up 75.5% from the same period last year; deducting 75.7675 million yuan from non-net profit, up 78.24% from the same period last year; debt ratio 41.25%, investment income 18300 yuan, financial expenses 7.0535 million yuan, gross profit margin 33.74%.

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