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华丰股份(605100)新股询价定价报告

Huafeng Co., Ltd. (605100) IPO Quotation Pricing Report

華鑫證券 ·  Jul 21, 2020 00:00  · Researches

  The company's main business is R&D, manufacturing and sales of diesel generators, core components and intelligent generator sets, as well as comprehensive operation and maintenance services for power equipment such as communication base station generator sets.

(1) The company has long-term experience in engine development and manufacturing. The company is a high-tech enterprise. It has re-developed technology and obtained 49 patents. The company is one of the earliest enterprises in China to develop hybrid energy generator sets and is equipped with remote intelligent energy management systems. The company closely follows national policy requirements and industry specialization trends, leverages the advantages of professional production and intelligent manufacturing, targets key components fields for commercial engines, invests in the construction of parts production lines, and provides core components for large enterprises and industrial chains. The company's product line and application areas have been continuously expanded, enhancing its core competitiveness and further improving the company's profitability.

(2) After years of professional development, the company has built a complete product service system. The company's customers include Weichai Power Co., Ltd., CIMC Vehicle (Group) Co., Ltd., Tianjin Tractor Manufacturing Co., Ltd., India Reliance Group, Myanmar IGT (Steel Tower Company), and Eco Friendly Tower Co., Ltd. , Ltd (Tower Company), Edotco Myanmar Limited (Tower Company), etc.

(3) The company promptly grasped the development trend of the communication base station operation and maintenance industry in the international market, and established the transition from simply selling products to selling “products+services”

The transformed development strategy successfully entered the integrated operation and maintenance markets for mobile communication base station power facilities in India and Myanmar, and established a base station operation and maintenance management and service model in line with market development, mature service systems, wide network coverage, and strong replication capabilities.

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