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泰瑞机器(603289)新股询价报告

Teri Machine (603289) IPO inquiry report

華鑫證券 ·  Oct 11, 2017 00:00  · Researches

The company is a manufacturer and solution service provider of plastic injection molding equipment, specializing in the research and development, design, production, sales and service of injection molding machines, and provides injection molding solutions for downstream applications. The injection molding machine produced by the company is an important production equipment in the plastic products industry. The manufactured plastic products are widely used in the connection and matching of pipeline systems, such as pipe fittings, testing wells, Rain Water collection modules in sponge city system, lightweight injection molding parts industry in automobile field, plastic parts in white household appliances and small household appliances industry, 3C precision plastic parts in consumer electronics and communication industry, turnover boxes, storage boxes, trays, sanitation trash bins in logistics and warehousing industries, Thin-walled packaging container industry and medical and health industry.

(1) since its establishment, the company has established extensive trade partnerships with local plastic machinery dealers in Europe, the Middle East, America, Australia and Southeast Asia, and has continuously learned and accumulated cutting-edge technology and leading experience in the production and application of injection molding machines in the competition in foreign markets. Through more than ten years of accumulation and development, the company has gradually formed a technology system with medium and large injection molding machine technology, small and medium-sized high-speed precision injection molding machine technology, extrusion molding technology, two-plate hydraulic mold locking and direct-drive all-electric technology as the core technology. these core technologies are the key to the competitiveness of the company's products, and technology and products have filled a number of domestic gaps.

(2) the company sets up an excellent R & D team. As of June 30, 2017, the company has a total of 90 R & D technicians, accounting for 15.72% of the employees. The core technical personnel and technical backbone of the company have many years of industry experience and are well versed in the frontier fields of technology development and application in the industry, which provides a strong guarantee and support for the company's technology research and development. The company makes scientific R & D plan every year, plans annual R & D projects and funding investment, and carries out R & D and verification of all kinds of new products and technologies. The company has invested and purchased advanced instruments and equipment, such as more than 20 sets of clamping force testers, as well as Siemens NX three-dimensional CAD software, to strengthen the infrastructure of product research and development.

(3) the quality of castings and weldments has an important influence on the quality of injection molding machine and belongs to important parts. The company is one of the few injection molding machine production enterprises in the industry with casting production and processing and fuselage welding capabilities. Since the subsidiary Teri heavy machine was put into production in 2012, the company's independent production and processing of castings and weldments have met the needs of most of the products. Teri heavy Machinery is equipped with complete casting production equipment, physical and chemical laboratories, as well as production technicians and quality inspection personnel. Through the vertical extension of the industrial chain, on the one hand, the company effectively reduces the production cost and improves the product quality, on the other hand, it also effectively ensures the timely supply of important parts and ensures the production cycle and the speed of new product development.

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