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华辰装备(300809)新股询价报告

Huachen Equipment (300809) IPO Quotation Report

華鑫證券 ·  Nov 13, 2019 00:00  · Researches

Company profile

The company's main business is the research and development, production and sales of automatic CNC roll grinder, and the main products are automatic CNC roll grinder. The company aims at customers' customized grinding requirements for workpieces (represented by rolls) under different metal material rolling and shape control methods (including roll shape and accuracy, grinding efficiency, stability, etc.). Provide full-process services including technical research and development, product design, manufacturing, delivery, installation, maintenance and transformation services.

The highlight of the company

(1) the company is a leader in the domestic roll grinder industry. In some application fields, the equipment quality of the company has reached the international leading level, and it has the technical ability to compete with international first-class roll grinder manufacturers (such as HERKULES (Germany), WALDRICH (Germany), CAPCO (USA), POMINI (Italy), etc.) and realize import substitution. At present, the company has reached the international leading level in the field of hot rolling (including carbon steel, stainless steel) and cold-rolled stainless steel, while in the field of cold-rolled carbon steel and other application fields (such as non-ferrous metal strip and foil), compared with the international first-class level, there is still a gap, but it is still in the domestic leading level.

(2) the fully automatic CNC roll grinder independently developed and manufactured by the company, successively won the honors such as "National Torch Plan Project", "National key New products", "Jiangsu Science and Technology Award", "Jiangsu High-tech products", "Jiangsu famous Brand products", "Jiangsu excellent New products Gold Award", "Jiangsu first (set) Major equipment products", "2018 Jiangsu Machinery Industry Science and Technology Progress Award" and other honors. A number of core technologies are in the leading position in China.

(3) conforming to the opportunities of the external market, and relying on its established brand image and market awareness in technology research and development, product quality and follow-up support services, the company has made great progress in the field of import substitution and "Belt and Road Initiative". Established business cooperation with a group of heavyweight customers, specifically: in terms of domestic customers The company's customer base has covered large state-owned iron and steel groups such as Hegang Group, Baosteel (600019), Shougang (000959) and Angang (000898), as well as large private iron and steel groups such as Dingxin and Rizhao Iron and Steel Holdings Group. in business cooperation with these customers, the company competes with international first-class roll grinder manufacturers (such as HERKULES, WALDRICH, CAPCO, POMINI, etc.) and successfully realizes import substitution. In terms of overseas customers, the company's main products have been successfully exported to countries along the "Belt and Road Initiative" route and have established business cooperation with well-known overseas customers (such as JINDAL, TATA, etc.). In addition, the company continues to expand heavyweight high-quality customers in the fields of non-ferrous metals, mechanical processing and machinery and equipment, and further expands the scope of application of the products.

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