share_log

锦鸡股份(300798)新股询价报告

華鑫證券 ·  Oct 14, 2019 00:00  · Researches

Company Profile The company's main business is R&D, production and sales of dyes. The main products are active dyes, which are used in textile dyeing and printing. The company is a leading professional dye manufacturer in the domestic industry. It has strong R&D technical capabilities and has formed a large scale of production and sales. According to statistics from the China Dye Industry Association, the company was one of the top five domestic dye manufacturers and ranked second in the reactive dye industry during the reporting period. Due to the individual requirements of downstream printing and dyeing customers for dyeing properties such as color fastness, uniformity, enhancability, homogeneity, and vividness of dyes, market demand for dye products is diversifying. The company organically combines large-scale production with customized production, and can quickly supply different types of dyes according to the market and customer needs to meet the diverse and personalized product needs of customers. The company currently has 28 series and 424 varieties of reactive dye products, and has become a professional dye manufacturer with a comprehensive range and variety of reactive dye products in China. Company highlights (1) According to statistics from the China Dye Industry Association, the company's reactive dye production capacity, production volume, and sales are at the forefront of the industry. In the last three years, the company ranked in the top five in the dye industry and ranked second in the reactive dye segment. The company's reactive dyes have 28 series of products and 424 varieties. It is an enterprise with a comprehensive range of products and varieties in the reactive dye industry, which can meet the diverse needs of customers. (2) The company is the “National Torch Program Taixing Fine and Specialty Chemicals Industry Base”, “Jiangsu Top 100 Private Technology Enterprises”, “Jiangsu Enterprise Technology Center”, the first batch of “innovative enterprises” in Jiangsu Province, “Jiangsu Postdoctoral Innovation Practice Base”, and “Jiangsu Science and Technology Small and Medium Enterprises”. The company has 8 varieties rated as “Jiangsu High-tech Products”. The company participated in the development of 10 industry standards and 6 national standards. (3) Since its establishment, the company has continuously improved or developed environmentally friendly production processes to improve the reaction conversion rate and reduce the generation of “three wastes”. The company has built special wastewater treatment areas and installations in different plant areas. After treatment, the company's sewage met the Level 3 standards in the “Comprehensive Sewage Discharge Standard” (GB8978-1996) and the sewage treatment plant takeover requirements in the development zone, and was discharged in accordance with the standards. (4) The company is the second largest producer of reactive dyes in China and has strong ability to support active dye intermediates. The counterpart ester production of the subsidiary Jinhui Chemical can meet most of the company's dye production needs. In addition, Jinhui Chemical has developed a clean production process for sulfur trioxide and catalytic hydrogenation of dye intermediates, which can be used in the production of various dye intermediates. The production capacity expansion project for related dye intermediates is under construction, and the company's external dependence on dye intermediates will be drastically reduced after completion. Therefore, the company has obvious advantages in production continuity, cost controllability, and quality stability.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment