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新城市(300778)睿新股

Shinshiro (300778) Rui Xin Shares

恆泰證券 ·  May 20, 2019 00:00  · Researches

The company's main business and highlights

The company's main business: Chengdu is a comprehensive service provider for planning, engineering design, engineering advice, etc.

Company highlights: It has urban and rural planning grade A, architectural design grade A, municipal road design grade A, land planning, municipal water supply and drainage design, and landscape architecture grade B, etc. | for the full picture, the county preparation has the advantage of unifying orders.

Fundraising Questions

1. It is proposed to use the raised capital of 16,698,10,000 yuan to design the platform construction project.

2. It is proposed to use the raised capital of RMB 227.223,300 for the Innovation and Development Research Center construction project.

3. Use the raised capital of 101,325 million yuan for information system construction projects.

3. It is proposed to use 75 million yuan of raised capital to supplement working capital projects.

Industry Status and Prospects

1. The urban planning and engineering consulting industry is closely related to the scale of fixed asset investment. By 2017, the total amount of asset investment completed by China's entire society (excluding rural households) reached 6320 trillion yuan, achieving an average annual compound increase of 18,37% over 10 years, and the urban and rural planning business market rules grew to 656.610 billion yuan, an average annual increase of 19.92%.

2. With the acceleration of the urbanization construction process, the urbanization rate is growing rapidly. According to the “National New Urbanization Plan”, by 2020, the urban conversion rate of China's resident population will reach about 60%, with an average annual increase of 0.84%. Zhu Lai's urban planning market space is huge.

Key Potential Risks

1. Risks that are greatly affected by fluctuations in the macroeconomic situation.

2. The risk that government customers will be affected by changes in the budget,

The translation is provided by third-party software.


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