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今创集团(603680)新股询价定价报告

Jinchuang Group (603680) IPO inquiry pricing report

華鑫證券 ·  Jan 31, 2018 00:00  · Researches

Company profile

The company is mainly engaged in the research and development, production, sales and service of rail transit vehicle supporting products, including vehicle interior products and equipment products, and is a leading enterprise in design, R & D, production scale and comprehensive supporting capacity in related fields. In the domestic market, the company's internal products have been widely used in CRH series EMU vehicles and urban rail vehicles in dozens of cities such as Beijing, Shanghai, Guangzhou, Shenzhen and so on. In the international market, the company has established good cooperative relations with Alstom, Bombardier, Siemens, Hitachi and other foreign rail transit equipment manufacturing enterprises. the products have been applied to rail transit vehicle projects in Britain, France, Italy, Belgium, Singapore, India and other countries.

The highlight of the company

The company has a stable customer base. In the domestic market, the company has established a stable cooperative relationship with CRRC Corporation's major vehicle manufacturing enterprises, such as Qingdao Sifang, Tangshan bus, Nanjing Puzhen, Changchun bus, Changchun Bombardier and so on. In the international market, the company has participated in the implementation of a number of foreign projects, accumulated rich experience in international projects, product design capabilities, timely delivery, product quality stability and other capabilities have been fully recognized by foreign customers. With China's rail transit equipment industry gradually moving overseas, the company's cooperation with Bombardier, Alstom, Siemens and other companies will be further deepened. Establishing a stable cooperative relationship with the vehicle manufacturing enterprises in the rail transit industry has laid a stable foundation for the future business of the company, and effectively promoted the further improvement of the company in product development, quality management, service level and so on.

(2) in technological R & D, the company adheres to the combination of independent R & D and industry-university-research, and establishes a long-term cooperative R & D relationship with professional research institutions and customers. The company has a technology research and development center, around the concept of people-oriented, in the process of the development of the enterprise to create an experienced professional technology research and development team, so that the company's technology research and development level in a leading position in the industry. At present, the company has core technologies, including composite technology of internal materials, welding technology of stainless steel sheet box cover and box, aluminum alloy large-scale superplastic inflatable forming die technology, side pull door mechanism system technology and so on. and has the ability to design and develop synchronously with vehicle manufacturing enterprises.

(3) since 2003, the company has cooperated with Bombardier and Alstom, and has received strong support from international rail transit manufacturing giants in on-site management, process control and quality maintenance, and has established and improved various management systems in accordance with international standards. On this basis, through the introduction of excellent performance model, BPR process reengineering, ERP system online operation, internal information cloud management platform and other management systems, and by vigorously promoting the integration of information technology and enterprise management, to promote the wide range of information technology in R & D and design, manufacturing, logistics and transportation, marketing services and other links.

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