Golden Stone Oriental (300434)
The issuer's main business is the research and development and application of steel reinforced plastic composite pipe technology, providing customers with a complete set of production process, technical solutions and complete sets of production equipment (production line). It is planned to raise 180 million yuan for the industrialization project of complete sets of technology and manufacturing equipment of steel belt reinforced polyethylene spiral corrugated pipeline, research and development of new composite pipeline and construction project of experimental base, etc.
1. Innovative business model
The company's innovation model is not to provide new production equipment for mature products, but to develop new products directly. After fully demonstrating the feasibility of economic, technological and patent protection of new products, the company has developed a method of industrial production to provide customers with a full set of processes, technologies and complete sets of production equipment for new products, so that equipment manufacturing has become the carrier of the technical value of pipeline products. The company's standardized new product research and development process ensures the efficiency and value of the company's research and development, and reduces the opportunity cost of product or technology research and development that does not have a good market prospect and cannot be industrialized on a large scale.
2. Have strong technical advantages
The company has more than 40 patents, guiding and participating in the formulation of the industry standard of "buried drainage steel belt reinforced polyethylene (PE) spiral bellows" and "wire mesh plastic (polyethylene) composite pipes and fittings" of the Ministry of Construction. Among them, the complete set of production technology and equipment of large diameter steel strip reinforced spiral corrugated pipe independently developed by the company has been evaluated by the Ministry of Construction: the application technology of this project has great innovation and formed independent intellectual property rights. it fills the domestic blank, and its technology is at the international advanced level. The company makes full use of the good mechanical manufacturing and processing industry foundation of Chengdu and its surrounding areas, and has established a long-term cooperative relationship with a number of foreign manufacturers.
It is estimated that the company's EPS from 2015 to 2017 will be 0.57,0.68 and 0.79 yuan respectively. The company's main business is the research and development and application of steel reinforced plastic composite pipeline technology. Based on the strong competitiveness of the company and the relatively high price performance of its products, it is expected that its performance on the first day of listing will be very eye-catching, with a very high probability of an increase of more than 40% on the first day, and the price range for the first day of listing is expected to be 14.27-15.22 yuan. It is suggested that investors who win the lottery can hold the stock temporarily and are in no hurry to sell.