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宏柏新材(605366)新股询价定价报告

Hongbai Xincai (605366) IPO inquiry pricing report

華鑫證券 ·  Jul 23, 2020 00:00  · Researches

Company profile

The company's main business is the R & D, production and sales of functional silane, nano-silicon materials and other new silicon-based materials and other chemical auxiliaries, which is functional silane in China. Especially in the field of sulfur-containing silane, it is one of the enterprises with circular economy system and the world's leading industrial scale.

The highlight of the company

(1) the company has the largest production line of sulfur-containing silane (including solid silane) in the world, and through the extension of the industrial chain, a complete green cycle industrial chain of "silicon block-chlorosilane-intermediate-functional silane-gaseous silica" has been built. Through long-term research and development, the company has also taken the lead in developing a new generation of special sulfur-containing silane products with independent intellectual property rights, whose process and product performance are better than domestic enterprise standards, and provide long-term stable supply to the top ten well-known tire enterprises in the world.

(2) the company has industry-leading sales ability and customer advantage. After years of business accumulation, the company has expanded its business to major tire production places such as the United States, Europe, South Korea and Southeast Asia. The company's customers cover the top ten tire manufacturers in the world, with good sales and repayment and stable product demand.... The company has established close long-term business relations with large and well-known tire manufacturers at home and abroad, such as Bridgestone, Michelin, Goodyear, German Horse, Hantai, Sumitomo, China Strategic, etc. According to China Silicon Industry Yearbook (2014) and Fine Chemicals and Special Chemicals, the company is one of the leading enterprises in functional silane industry in China. Confirmed by Petrochina and the Chemical Industry Federation, from 2016 to 2018, the company's sulfur-containing silane coupling agent ranked first in the global and domestic market share for three consecutive years. Evaluated by the Ministry of Industry and Information Technology and the China Federation of Industrial economy, the company was listed on the list of the fourth batch of manufacturing champion demonstration enterprises in November 2019.

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