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温岭浙江工量刃具交易中心股份有限公司(01379.HK)

Wenling Zhejiang cutting tool Trading Center Co., Ltd. (01379.HK)

長雄證券 ·  Oct 25, 2019 00:00  · Researches

Summary of duties

It is a dealer in China's well-known tool trading center. The company was founded in 2003 to collect, operate and manage the trading center located in Yangxia Village, Wenjie City, Zhejiang Province, China. The main business activities and revenue sources of the collection come mainly from the property rental services of the industrial quantity cutting tools trade center, which is committed to transferring the property rental services in the industrial quantity cutting tools industry to the production line. The trading center has an active construction area of about 74204.7 square meters, of which about 71817.5 square meters is actively used for investment purposes and about 2387.2 square meters is used as its own office. Set will lease the units of one and two units to the company and individual who sell the cutting tools. The collection center will designate part of the area as a power business area to be leased to the electronic business contractor of work tools. The bazaar also provides property management services and coordination assistance services to rentals, that is, index and workload financial services.

Thank you very much.

The trading center of the market takes advantage of the domestic well-known position of China's industrial volume market.

Special holding shares and government support

Stable rental group guarantee stability and regular income source

Negative factor

In the past financial period, market profitability has declined due to the decline in investment valuation returns, and its prospects depend on a number of factors, including, but not limited to, the valuation of the property industry, the limited increase in income, the increase in the outflow of interest payments, the ability of the collective to successfully implement the financial planning under the uncertainties involved in the establishment of the business, and its ability to participate in the fierce market competition from different markets.

At present, most of the revenue is generated by the trading center, and the collection may not be able to replace or guarantee all leases at its expiration.

The purpose of the income

About 70.0% of the cost and part of the capital provided for the establishment and construction industry

About 20.0% will be used for the refurbishment and renovation of three projects, as well as the establishment of product inspection service center and product display platform.

About 10.0% is used for general financial assistance.

The translation is provided by third-party software.


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