A summary of the collection

Jiguan is a customized supplier of cable components. Its head office is located in Hong Kong and has production facilities in Huizhou, Guangdong Province. The products of the collection are customized and produced according to customer specifications and requirements. The cable components provided by the collection can be divided into two categories: (1) optical cable components and (2) optical cable components. Remote cable components can be used to connect two or more subscribers so that signals or sources can be used for transmission, while optical cable components are used to connect two optical cables or other optical cables in the connection station. The main customers of the collection include China's leading providers of information equipment and network solutions, global providers of interconnection-related services, and multinational medical equipment manufacturers with extensive Internet access.

Industry summary

According to the Yuan Zhe query report, the market size of China Cable components increased from 291.2 billion yuan in 2012 to 420.9 billion yuan in 2016, with a complex annual growth rate of 8.5 percent. The main growth comes from markets such as telecommunications equipment and data centers, industrial and medical equipment, mobile phones, and so on. According to the report, the market regulation model of China's power line components will further increase to 6143 billion yuan by 2021, with a complex annual growth rate of 8.8 percent from 2017 to 2021.

Cymbals

The main raw materials of the collection, such as glass cable and cable cable, will cause serious fluctuations due to factors such as global demand activity or supply response. In 2016, the cost of collection raw materials was HK $623 million, accounting for about 81.0% of the total sales cost in that year. If such raw materials are sold on the market, and the collection is unable to transfer the purchase price to the customer in a timely manner, its experience may be seriously affected.

Valuation

According to the IPO documents, assuming that the global development sale was completed on July 31, 2017, according to the expected development of 18.4 shares after the completion of the sale of long-term shares, shares should account for HK $270 million to HK $344 million, equivalent to HK $0.15 to HK $0.19 per share.