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DIT Group and Glodon sign agreement over cooperation in business promotion.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220802.pdf
August 2, 2022
DIT Group Limited (SEHK stock code: 726), an innovative high-tech company specializing in businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China (“PRC”), is pleased to announce that it signed an agreement with Glodon Company Limited (SZSE stock code: 002410) on 28 July over cooperation in business promotion.
Yu Dayou, Chief Technology Officer of DIT Group, Jiang Zhiguo, General Manager of DIT Investment Company, and Yang Junhong, Deputy General Manager of DIT Investment Company, Zhu Xiaoyu, Assistant President of Glodon and General Manager of Innovation Center of Glodon, and Li Zhi, General Manager of the Hunan Branch of Glodon, attended the signing ceremony. Under the agreement over cooperation in business promotion, the two companies aim at exploring thoroughly the possibility of conducting digital transformation of the construction industry by leveraging their unique advantages in their respective fields. They will jointly promote the development of the information technology for the industry and further the application of refined project management, thusfacilitating the adoption of advanced technologies and the digitalization of the construction industry. Subsequently, the two companies will have comprehensive discussions on the integration of resources, future directions, and mode of cooperation regarding their products and services.
DIT Group’s chief executive officer and executive director Guo Weiqiang said,
“The agreement between Glodon and us over our cooperation in business promotion is another milestone after DIT Group and Glodon officially commenced their strategic cooperation. It marks a new stage in our cooperation with Glodon in inclusive development. With our advantages in prefabricated construction and Glodon's in-depth understanding of the customers and the industry’s needs, we will work together towards the goal of achieving mutually beneficial development through the alliance of two strong companies with complementary advantages and on the basis of equality. We will firmly grasp the opportunity in the rapid development in the era of smart construction and give full play to our respective capabilities, thus jointly contributing to the digital transformation and development of the construction industry.”
DIT Group’s Decoration Industrial Park included in "The List of Factories with Intelligent Production for 2022 in Henan Province”.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220718_1.pdf
July 18, 2022
DIT Group Limited, is pleased to announce that the intelligent production for production of doors and windows for prefabricated construction at the Group’s Decoration Industrial Park in Henan province made it to "The List of Factories with Intelligent Production for 2022 in Henan Province”. The list was announced by the Department of Industry and Information Technology of Henan.
DIT Group’s Decoration Industrial Park in Henan is a major investment project in Kaifeng Municipal Government’s campaign to attract investors. It is also a key part of the Group’s “turnkey” project. The selected intelligent production for production of doors and windows for prefabricated construction is fully automated and is dubbed a "lights-out factory".
The production adopts intelligent production line and intelligent control system to raise efficiency in both management and production. The intelligent control system can ensure the consistency of product quality and improve product qualification rate. In addition, the production is equipped with an online system for monitoring energy consumption and an intelligent control system to improve energy utilization and to reduce the number of operators on the work floor to ensure safety. To meet clients’ demand for customization, the designers at the intelligent production can input the parameters of production into a system for optimizing the design of the doors and windows and thus automatically generate orders. The digitalized and intelligent production line will operate accordingly.
DIT Group’s chief executive officer and executive director Guo Weiqiang said,
“We are honoured that the intelligent production line in the Group’s Decoration Industrial Park in Henan has been rated as the "Model Intelligent Production in Henan Province". This fully testifies to the Group's achievements in technological innovation and the effectiveness of its intelligent manufacturing solutions for the digitalization of businesses. In the future, we will press ahead with mechanization and intelligentization by blazing a trail in the intelligentization of the entire value chain of prefabricated construction and by furthering the digitalization and intelligentization of its operations. By upgrading the production process through digitalization and intelligentization, the Group will be able to provide customers and society with integrated solutions for smart construction and thus accelerate the transformation of the construction industry into an environment-friendly one.”
Zhuyou Zhizao Technology (00726) entered into two patent licensing agreements.
Source
https://finance.sina.com.cn/stock/hkstock/ggscyd/2022-06-29/doc-imizirav1186281.shtml
June 29, 2022
Zhuyou Zhizao Technology announced that on June 29, 2022, the company's indirect wholly-owned subsidiary Zhuyou Zhizao Investment (as the licensor) and Henan Zhuyou Craftsman (as the authorized person) entered into the Patent Licensing Agreement I, and Zhuyou Zhizao Investment granted Henan Zhuyou Craftsman the right to use the authorized patent I in Henan Province, China, from June 29, 2022 to June 28, 2025 date.
On June 29, 2022, Zhuyou Zhizao Investment (as the licensor) and Zhuyou Architectural Design (as the licensee) entered into a patent licensing agreement II, which was granted by Zhuyou Zhizao Investment to Zhuyou Architectural Design in Hunan, China Provincial right to use Granted Patent II for a period from June 29, 2022 to June 28, 2025.
The Group's grant to customers (including Henan Zhuyou Craftsman and Zhuyou Architectural Design) for the use of some patents (including Licensed Patent I and Licensed Patent II) related to the installation of prefabricated building components will not only not affect the Group's core competitiveness, but also Maximize the value of the patents by realizing the Group's patents for the installation of prefabricated building elements. Leveraging on the research and development and technical expertise in prefabricated building construction technology, the Group will also have an additional source of income.
DIT Group’s Foshan Factory honoured as “Niche Enterprise” in Foshan.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220628.pdf
June 28, 2022
DIT Group Limited, an innovative high-tech company specializing in businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China, is pleased to announce that the Group’s factory in Foshan City was recognized as a “Niche Enterprise for 2022” there by the municipality’s Bureau of Industry and Information Technology.
Granting the honours of “Niche Enterprises” to businesses is a major national policy of encouraging small and medium-sized enterprises to become specialized, distinctive and creative with lean management and enhanced capabilities for innovation and core competitiveness. This is aimed at improving both the quality of development and standards. As winners of the honour, the enterprises must have strong innovation capabilities, big market shares and mastery of core technologiesso that they serve as pillars of China’s manufacturing industry and the key to stabilizing both the value chain and supply chain. The Group’s Foshan factory has passed the certification of national high-tech enterprises and intellectual property management system and has been approved as an industrial base for prefabricated construction (for production of components and parts) in Guangdong Province, a research centre for construction technologies in Foshan and a research centre for construction technologies in Nanhai District, Foshan.
DIT Group’s chief executive officer and executive director Guo Weiqiang said,
“We are deeply honoured to have received the recognition of the Bureau of Industry and Information Technology of Foshan City for our factory in Foshan. This marks the factory’s success in taking innovation to the next level and setting a new benchmark for the development of the prefabricated construction industry. The Group’s Foshan factory has been recognized by its various core clients since it has been put into operation. Its brand influence has also been growing. As the Group’s key enterprise in the prefabricated construction industry in the Greater Bay Area, our Foshan factory will continue to enhance its innovation capabilities and core competitiveness, striving to promote prefabricated construction technologies that reduce carbon emissions from construction and accelerate both the green transformation and upgrade of the construction industry.”
DIT Group’s decoration industrial park receives special subsidy of RMB5 million.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220622.pdf
June22, 2022
DIT Group Limited, an innovative high-tech company specializing in businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China, is pleased to announce that the Group’s DIT Decoration Industrial Park in Henan province received the highest special subsidy of RMB5 million on 20 June 2022 as an exemplary technological application project that featured "machines as labour substitutes" under the province’s special subsidy programme for the manufacturing sector’s high-quality development for 2022.
At the end of 2021, the Department of Industry and Information Technology and the Department of Finance of Henan province jointly compiled a list of projects to be supported by the province’s special subsidies on the manufacturing sector’s high-quality development for 2022. The decisions on eligible projects were based on a judging panel’s recommendation and experts’ opinions. The DIT Decoration Industrial Park, which is an exemplary technological application project that features "machines as labour substitutes" in the automated production of such products as aluminum alloy doors and windows, aluminum veneers and wooden furniture, made it to the list and was granted a subsidy of RMB5 million.
The DIT Decoration Industrial Park has been closely aligned with the State’s "14th Five-year Plan" for the development of robotics and intelligent manufacturing. The park is dedicated to the development of mechanization and intelligentization. It aims to build the industrial internet of things that combines automated production lines and industrial robots by concatenating data with such digital platforms as building information modeling (BIM) technology, internet of things, cloud computing and big data. The DIT Decoration Industrial Park has also been spearheading the intelligentization of the entire value chain of the prefabricated decoration industry, thus upgrading the industry through the digitalization and intelligentization of the production process and creating China’s first "lights-out factory" in that industry.
DIT Group’s chief executive officer and executive director Guo Weiqiang said,
“We are grateful to the Department of Industry and Information Technology and the Department of Finance of Henan province for their recognition of the Group's DIT Decoration Industrial Park. The special subsidy not only affirms the park’s level of intelligentization and its technological innovation capability, but also adds impetus to the Group’s efforts to step up investment in technology and to enhance its overall strength. The subsidy encourages innovation, promotes the integration of the industry’s key factors and accelerates the upgrading of the industry. In the future, the DIT Decoration Industrial Park will grasp the opportunity to make an all-out effort to ensure the smooth running of production by applying technology, techniques and management innovation based on upgrade to equipment. This will enable us to provide both the industry and society with high-quality, integrated solutions for smart construction.”
DIT Group successfully claimed a tax rebateto drive cash flow for factory operations.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220616.pdf
June 16, 2022
DIT Group Limited, an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China, is pleased to announce that the Group successfully claimed a tax rebate amounted to a total of over RMB78 million in May 2022 according to relevant tax rebate policies.
Factories of the Group successfully claimed the tax rebate, including Zhoukou factory, Yuxi factory, Qijiang factory, decoration industrial park, Jiangxia factory, Hefei factory, Huaian factory, Ruyang factory, Dengfeng factory, Queshan factory and Jiaozhou factory. The Group will further press ahead with the filing of tax rebate of its factories to bring new dynamics into the cash flow.
DIT Group’s chief executive officer and executive director Guo Weiqiang said,
“The tax rebate not only brings new dynamics into the Group’s operations and contributes to the Group’s cash flow, but also lays a good foundation for tax and expense reduction. The Group will continue to get in line with national policies on carbon reduction goals to actively promote prefabricated construction technologies that reduce carbon emission from construction activities, accelerate the green transformation and upgrade in the industry and put sustainable development into practice, as well as strive to become a leading service provider of integrated solutions in smart building.”
Annual Report Observation?The future growth point of Zhuyou Zhizao Technology.
Source
https://cj.sina.com.cn/articles/view/1644983660/620c756c02001bsjp
May 10, 2022 22:21 Viewpoint New Media
iewpoint After the delayed performance, Zhuyou Zhizao Technology, one of the listed platforms of Jianye Group, disclosed its 2021 annual results earlier.
On May 10, Zhuyou Zhizao Technology held an online exchange meeting for investors to introduce the basic situation of the company and answer questions from investors.
According to the previously disclosed performance, Zhuyou Zhizao Technology recorded sales revenue of approximately HK$2.085 billion in 2021, a year-on-year increase of approximately 91.4%; gross profit of approximately HK$524 million, an increase of approximately 51.8% year-on-year; gross profit margin decreased from 31.7% in 2020 25.1% by 2021.
In terms of dividend distribution, the board of directors of Zhuyou Zhizao Technology proposed to pay a final dividend of 1 Hong Kong cents per share to shareholders in 2021.
Some investors revealed to the new media that Zhuyou Zhizao Technology has never paid dividends since it joined the Jianye family in 2019. This is the first time that a listed company has paid dividends.
The first dividend distribution this year is to thank investors for their support over the years and to share the phased development results with investors through dividends. On the other hand, it also hopes to attract more investors to pay attention to the long-term value of the prefabricated construction field through dividends.
The above-mentioned investors said that at the online exchange meeting that day, based on the development pattern of the industry, Zhuyou Zhizao Technology also put forward a relatively clear development strategy.
Specifically, on the one hand, deepen the layout of the whole industry chain, continue to be an integrated service provider, and construct green buildings. On the other hand, we will build a digital and intelligent platform to continuously reduce costs and increase efficiency. In addition, together with Glodon, cut into the full-process digital platform of PC prefabricated buildings. "In the future, some software service products will be developed for this industry, so that the business will have some new profit growth points."
In 2021, Zhuyou Zhizao Technology introduced Glodon, an A-share listed company, which subscribed for 9.67% of its issued share capital at HK$0.96 per share, becoming the second largest shareholder of Zhuyou Zhizao Technology.
At the online exchange meeting, regarding the cooperation between the two parties after the investment that investors are generally concerned about, Zhuyou Zhizao Technology said that the cooperation with Glodon is mainly in two aspects.
On the one hand, it is to create a digital and intelligent product for prefabricated on-site construction management. Now it has been promoted and applied in the projects of the parent company of the group, and it is hoped that it can be extended to more third-party customers in the future.
On the other hand, Glodon is the leader in the traditional engineering cost industry. With the help of Glodon's accumulation in engineering cost and its leading position in the industry, Glodon develops a new engineering cost product for prefabricated buildings, and also opens up new markets. . If it can be implemented within the year, the profit should be higher than the traditional manufacturing and decorative garden business.
Previously, Founder Securities released a review report on the main operating data of Zhuyou Zhizao Technology in 2021.
The report believes that the development of Zhuyou Zhizao Technology's overall performance this year has two advantages:
- first, in the context of achieving the carbon neutrality goal, the development space of the prefabricated building industry has been greatly improved, the industry development has accelerated, and more new customers have been acquired. It will help to accelerate the release of new production capacity of Zhuyou Zhizao Technology;
- secondly, under the environment of marginal relaxation of policies in the real estate industry this year, the construction area may be improved, which is beneficial to the company's overall performance.
At the exchange meeting, the management also revealed that under the background of policy promotion, labor shortages and rising labor costs in the construction industry, "it is predicted that the industry will maintain a growth rate of more than 20% in the future".
Obviously, this growth space will bring relatively stable income to Zhuyou Zhizao Technology. According to the annual report data, in 2021, the sales of PC components and products, which are the company's main business, will reach 2.5 billion yuan, a year-on-year increase of 74%. About 63.4%, the main business has obvious advantages.
However, the gross profit margin of Zhuyou Zhizao Technology decreased from 31.7% in 2020 to 25.1% in 2021. In response to this data, Zhuyou Zhizao Technology explained to investors that the overall cost of raw materials rose by about 16% last year, of which the cost of steel increased by about HK$185 per cubic meter.
At the same time, industry competition intensified, prices fell, and raw material costs rose, which in turn affected gross profit margins.
Fortunately, Zhuyou Zhizao Technology has added new business segments of smart garden and smart decoration on the basis of the original PC smart manufacturing, forming three major business segments.
While improving the business model of the entire industry chain, the two new businesses achieved an order volume of RMB 2.17 billion, driving the overall sales contract value to soar by approximately 119%. However, no specific earnings were disclosed in the annual report.
According to the investors who participated in the meeting, the company's management believes that from the perspective of this year's plan, it is expected that 25% to 30% of the revenue will come from decoration and gardens, and the profit side hopes to achieve about the same proportion. contribute.
"It is now estimated that 60% to 70% of the total orders of listed companies are PCs, and 30%-40% are decorative gardens. The contribution of decoration and gardens this year may be slightly more than last year, but the proportion of PCs There will be more."
In the context of the impact of the epidemic, rising raw material prices, and declining sales prices, such a business layout may be more advantageous, so that in terms of performance outlook, the company believes that there will be growth this year.
By the end of 2021, Zhuyou Zhizao Technology has deployed 48 factories in 16 provinces across the country. Among the 28 directly-operated factories, 19 have been put into production, including 18 PC factories and 1 prefabricated decoration industrial park. The total PC design capacity It reached 1.16 million cubic meters, and the capacity release ratio was 47%.
In terms of regional distribution, it is concentrated in the Yangtze River Delta, the Greater Bay Area and Henan. In addition to its own directly-operated factories, in 2021, Zhuyou Zhizao Technology has successfully signed 1 leased factory, 1 asset-light factory and 4 Join the factory.
In terms of capacity expansion, the above-mentioned investors pointed out that the expansion in the next three years will be more cautious and will not be the same as the previous rhythm. The company tends to do the whole industry chain, and carry out expansion and layout based on quality, rather than blindly pursuing scale.
As for the specific expansion plan, the management said that it expects to add 1-2 factories this year, and will maintain this level next year.
In addition to the prudence in quantity, in terms of layout areas, Zhuyou Zhizao Technology will focus on central cities across the country and places with housing prices above 10,000 yuan, especially in areas where the implementation of prefabricated policies is guaranteed. In general, more attention should be paid to the Greater Bay Area, the Yangtze River Delta and other regions.
However, affected by the epidemic in the first quarter of this year, the factories of Zhuyou Zhizao Technology in the Yangtze River Delta region were also affected to some extent.
In response to the concerns of investors, the management also responded that the layout of Zhuyou Zhizao Technology is nationwide. At present, the overall performance of factories in the Greater Bay Area has been ahead of factories in other regions since the second half of last year.
The investor further quoted that the Huizhou factory of Zhuyou Zhizao Technology has obtained the certification of the Hong Kong Quality Bureau, and the products produced by the factory will be exported to the Hong Kong market in the future. At the same time, the Hong Kong market price is more advantageous, about 2-3 times that of the mainland. Therefore, the company will actively explore this market this year.
However, considering the logistics cost and related certification fees, the cost will also increase to a certain extent, but it is not enough to reach 2 times the current cost. Therefore, it is expected that the gross profit level in this market will have a significant increase compared to the domestic one.
DIT Group and Glodon officially commenced strategic cooperation.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220506.pdf
6 May 2022, Hong Kong
DIT Group Limited (SEHK stock code: 726), an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China (“PRC”), is pleased to announce the latest update on the strategic cooperation with Glodon Company Limited (SZSE stock code:002410).
Recently, the Group and Glodon have jointly developed a digital production management system (PMS) on smart construction sites for prefabricated construction, and implemented it in the EMPC general contracting projects. Additionally, in terms of construction costing, both parties have improved the Quick Quotation System (QQS) of the prefabricated construction with Glodon’s traditional advantages, formulating market linkages and cooperatively expanding the market.
In 2021, Glodon completed the Share Subscription of DIT Group. Glodon subscribed 9.67% of issued share capital of DIT Group at HK$0.96 per share, becoming the second largest shareholder and injecting HK$288 million to the Group. In which, HK$90 million will be used in digitalization and software development related to the construction industry while the remaining will be used in the operation of 19 self-operated plants.
Glodon is a leading company specializing in the field of construction engineering informationization in China. It provides several businesses including design, costing, construction, operation, maintenance, procurement and landscaping, as well as areas in finance, college, investment, merger and acquisition. Its business also covers software tools, solutions, big data, mobile application, cloud computing, smart hardware equipment and industrial financial services.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “We are grateful that our strategic cooperation with Glodon has officially started, marking a new milestone in the Group’s digital transformation. We will jointly develop an industrial vertical integration platform with our industrialization technology system, along with Glodon’s digital construction solution. Looking forward, we will base on the SaaS and internet platform in prefabricated construction, centering on ‘industrialization + digitalization’ in construction industry, as well as macro-strategies such as digitalization proposed in 14th Five-Year Plan, carbon emission peak, carbon neutrality and construction transformation, to achieve transformation and upgrade in the entire chain of the construction industry.”
DIT Group received commendation from the government on the
support of the construction of mobile cabin hospitals in Shangqiu.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220428.pdf
(28 April 2022, Hong Kong)
DIT Group Limited (SEHK stock code: 726), an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China (“PRC”), is pleased to announce that it has recently received a letter of commendation from the Ministry of Housing and Urban-Rural Development of the City’s demonstrate zone of urban-rural integration in Shangqiu, Henan, in recognition of its project team of Shangqiu Jianye Eighteen Cities’ support of the construction of the quarantine site in Shangqiu.
Recent recurrent pandemic outbreaks in mainland China have exerted pressure on pandemic control in Shangqiu, Henan and the government has deployed mobile cabin hospitals to cope with the unexpected pandemic. Faced with manpower shortages, the Ministry of Housing and UrbanRural Development of the City’s demonstrate zone of urban-rural integration in Shangqiu sought assistance from the project manager of the team of Shangqiu Jianye Eighteen Cities for renovation and construction of a quarantine site in Shangqiu Zhongdian Science and Technology Park.
The Group's project team actively responded to the call for mobilization and deployment, coordinating the emergency assembly of management staff and volunteers as well as their arrival on the construction site to provide support. Despite the tight construction period, the team completed the water and electricity inspection and renovation of 80 rooms in the mobile cabin hospital on April 9 after three days and nights of hard work with professional skills, successfully handing over the quarantine site to the government for operation, which was commended by the government department, who expressed their sincere gratitude for the support by the Group’s project team in the pandemic prevention and control.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “We are honored to participate in the construction of the mobile cabin hospitals and contribute to the pandemic prevention and control in Shangqiu. At the same time, we are grateful for the commendatory from the Ministry of Housing and Urban-Rural Development of the City’s demonstrate zone of urbanrural integration in Shangqiu. The Group will continue to undertake social responsibilities and provide active assistance to fully and professionally cooperate with the pandemic prevention and control, contributing to Henan Province as well as the country.”
DIT’s PC factory in Huizhou received the certificate of “Quality Scheme for the Production and Supply of Concrete”
Source
http://dit.aconnect.com.hk/document/press/pressEN_220408.pdf
April 8, 2022
DIT Group Limited, an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China, is pleased to announce that on 30 March, Huizhou Zhuyou Intelligent Manufacturing Technology Co., Ltd., the Group’s PC factory in Huizhou received the certificate of “Quality Scheme for the Production and Supply of Concrete” (“QSPSC”) for the manufacture of design, production and supply of ready mixed concrete issued by the Hong Kong Quality Assurance Agency (“HKQAA”).
QSPSC is one of the Product Certification Schemes administered by HKQAA. Organizations must undergo strict examinations and their selected concrete sample must be subject to testing carried out by accredited laboratories for verification of compliance to the specification as a condition for granting certificate. There are significant processes under QSPSC, such as planning to meet quality requirements including basis of supply, quality requirements, concrete mixes, design mixes and environmental impact, production including quality control of purchased materials, production control and environmental impact control, product quality control, training, trial mix, review of quality system, and maintaining records to permit traceability of raw materials, concrete and tests on both.
Upon obtaining the QSPSC certification, the Group’s Huizhou factory can fulfill Hong Kong government contractual requirement, as well as demonstrate capability to deliver up-to-standard concrete and differentiate concrete production facilities that have been assessed by the authoritative certification body in the prefabricated construction industry. In the future, PC components produced by Huizhou factory can be directly supplied to Hong Kong, which allows the Group to participate in more construction projects, further increasing its market share.
DIT Group’s chairman and executive director Liu Weixing said, “It is grateful that the Group received the certificate of QSPSC, in recognition of our achievements in prefabricated construction and our outstanding quality in design, production and supply of concrete. We will continue to strive for excellence and devote to develop and enhance our PC components, as well as manufacturing and assembly workshops to reach an industry-leading level.”
DIT Group announces 2021 annual results.
Source
http://dit.aconnect.com.hk/document/press/pressEN_220401.pdf
March 31, 2022
- DIT Group’s revenue surged by 91.4% to HK$2,085 million in 2021. New businesses of smart landscaping and smart decoration contributed to the YoY double in contracted sales.
- Accelerated implementation of supportive government policies on the development of the prefabricated construction industry against the backdrop of “dual carbon” goals.
- Brought in Glodon as a strategic shareholder to speed up digital transformation in the construction industry.
Financial Highlights:
HK$ ‘000 For the year ended 31 December 2021 2020 Changes
Revenue 2,085,226 1,089,284 +91.4%
Gross profit 524,155 345,204 +51.8%
Operating profit 244,945 247,639 -1.1%
Profit attribute to owners of the Company 132,375 158,833 -16.7%
Basic and diluted earnings per share (HK cents) 4.66 5.67 -17.8%
Final dividend per share (HK cents) 1.00 -- N/A
DIT Group Limited (“DIT” or the “Group”, SEHK stock code: 726), an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in China, is pleased to announce its audited annual results for the year ended 31 December 2021 (the “Year”).
In 2021, the Group has adhered to its development strategies of “Smart Home” and “driving development with leading technology”, engaging in prefabricated construction and continuously strengthening its production capacity layout to steadily increase its business scale and efficiency. Meanwhile, the Group accelerated its product and technological innovation and expanded its brand influence, achieving a steady growth in all core indicators. During the Year, the Group recorded sales revenue of HK$2,085 million, representing a year-on-year surge of 91.4%; while it recorded gross profit of HK$524 million, a year-on-year growth of 51.8%. Profit attribute to owners of the Company was HK$132 million. Specifically, revenue from PC components and self-developed patents, the Group’s core businesses, amounted to approximately HK$1,323 million, an increase of 44.5% compared with 2020. With the comprehensive coverage of the entire industry chain, the new businesses of smart landscaping and smart decoration achieved a revenue of approximately HK$552 million in the first year. The Board of Directors has recommended payment of a final dividend of HK$0.01 per share for the year ended 31 December 2021.
Business Review
Comprehensive coverage of the entire industry chain to achieve a double in contracted sales In 2021, the Group has deeply engaged in prefabricated construction, committed to technological innovation and the development of collaborative business model across the entire industry chain, and actively explored the businesses of smart landscaping and smart decoration, achieving a double in contracted sales. During the Year, the contracted sales soared approximately 119.0% to RMB4,669 million, in which the contracted sales of PC components amounted to RMB2,501 million, representing a year-on-year increase of approximately 74.4% while the new businesses of smart landscaping and smart decoration achieved contracted sales of approximately HK$2,168 million.
Deepen the business footprint in major areas and speed up the expansion of asset-light model During the Year, the Group continued to deepen its PC business layout, especially in Yangtze River Delta and Greater Bay Area, with the Greater Bay Area leading the market in terms of market share, laying the foundation for the Group’s business orders. As of 31 December 2021, the Group has 19 self-operated smart PC plants in operation, with a design capacity of 1.16 million square meters; while the overall capacity utilization rate of production capacity is about 47%. Besides, the Group accelerated the expansion of its PC components business by means of franchise, joint venture and asset-light model. During the year, the Group successfully signed with a rental factory, an asset-light factory and four franchise factories, and continued to improve its layout of production capacity across China.
Strategic cooperation to explore new business growth
The Group won the bid in the category of PC component in the 11th Joint Procurement of CURA in June 2021 which provided the Group with the opportunity to speed up project signing and implementation in the businesses of prefabricated construction services and PC components supply. The Group also signed strategic cooperation agreements with a number of institutions during the Year, including the Eastern China branch of The Fifth Bureau of China State Construction Engineering Corporation, the 23rd Metallurgical Construction Group Co., Ltd of Minmetals, Shanxi Interior Decoration Association and Shanxi Jinduofu Real Estate Co. Ltd, to further expand the network of major clients and drive the soaring of the annual contracted sales. In addition, the Group set up a joint venture company with Dongzhu Ecological at the end of September 2021, namely, Henan Dongzhu Drawin Ecological Environment Protection Co., Ltd, to accelerate the development of smart landscaping business.
Bring in Glodon as a strategic shareholder, stepping into the digitalization in PC industry.
In August 2021, the Group signed a share subscription agreement with Glodon Company Limited (“Glodon”) and completed the share subscription in November. Glodon subscribed for 300 million subscription shares, accounting for 9.67% of the issued share capital of the Group, through its subsidiaries. Net proceeds from the transaction was approximately HK$288 million, of which HK$90 million will be applied for the development of SaaS software in the prefabricated construction industry while the remaining amount will be used in working capital and the operation of PC plants. With Glodon’s market leadership in the construction digitalization in China, as well as the Group’s years of practical experience in the prefabricated construction industry, both parties will jointly develop the SaaS software in the prefabricated construction industry, empowering the Group’s entire industry chain with Glodon’s digital intelligence technology to achieve an integrated development and create an industrial vertical integration platform in the entire industry chain, accelerating the transformation of digital intelligence in the construction industry.
Strengthen R&D to accelerate digital transformation
As of 31 December 2021, the Group has a total of 1,908 self-developed patents, ranking first in the industry. In April, the Group’s “Flexible manufacturing technology and demonstration of complex-shaped concrete parts and components based on a standard production line transformation”, one of the key R&D programs in the national 13th Five-Year, was accepted by a panel of experts and assessed to reach the international advanced level. The PC components produced by this production line have been widely applied in prefabricated construction projects in areas such as Zhengzhou, Jiaozuo and Luoyang. In July, the Group set up a national post-doctoral research station to recruit and train technological talents. In December, the Group’s self-developed “Application of DIT Group Double-cycle Prefabricated Concrete Component Production Line in Jiaozuo Factory of Drawin Group” was successfully selected as the first batch of typical cases of innovative services for new technologies and products of intelligent construction by the Ministry of Housing and Urban-Rural Development.
Prospects and Development Strategy
The year 2021 coincides with the first year of the “14th Five-Year Plan”. In December, the Central Economic Work Conference proposed to “promote the construction of affordable housing and support the commercial housing market to better meet the reasonable housing needs of home buyers”, insisting on high-quality development and seeking progress while maintaining stability. The role of the construction industry as a pillar industry of the national economy has been continuously enhanced. Besides, under the strategic guidance of “dual carbon goals” and “construction industrialization”, China is driving the green transformation and high-quality development of the construction industry with policies. The “14th Five-Year Plan” for Development of Building Industry once again clearly emphasized that by 2025, the proportion of prefabricated buildings in new buildings will reach more than 30%. As an important solution for energy conservation and carbon reduction in the construction industry, the green building method, mainly prefabricated construction, will usher in significant development opportunities and bring huge growth potential to the Group.
The digital intelligence of prefabricated construction has become a new track in the building industry during the “14th Five-Year Plan” period. In the future, the Group’s R&D focus will shift from technology to product. Through the R&D of products based on the two major structural systems in terms of construction period, cost and quality, the Group will aim to reduce costs and increase efficiency, and take advantages of its entire industry chain to create competitive core products. With the Group’s digital intelligence platform, it will focus on the breakthrough of data-driven business, and through the iteration of digital intelligence system applications and the continuous accumulation of data, the Group will initially form an influential overall solution for digital intelligence in prefabricated construction. Furthermore, the Group will formulate plans to reduce carbon emission and integrate its own technologies to provide comprehensive and sustainable green construction for property developers. In addition, Glodon’s share subscription and cooperation in the R&D of digital intelligence products will speed up the implementation of the Group’s strategy of “Smart Home”, forming an overall solution for digital intelligence in the prefabricated construction industry.
Mr. Liu Weixing, Chairman and Executive Director of DIT Group said:
The Group has established a business layout that covers the entire industry chain, and the newly developed businesses of smart landscaping and smart decoration will contribute much to the Group’s profit growth in the future. Looking forward, the Group will continue to focus on prefabricated construction technology and set up intelligent-digital factories in various provinces and cities across China to improve the production capacity and expand third-party clients for PC components, smart landscaping and smart decoration. Meanwhile, the Group will accelerate the expansion of layout of PC factories through direct-operation, franchise and asset-light models and actively explore new projects to achieve new business growth and expand its market share across China, leading the Group into stable growth and creating great returns for shareholders.”
About DIT Group Limited
Headquartered in Changsha and Zhengzhou, the PRC, DIT Group is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The main business of the Group covers smart prefabricated manufacturing, landscaping services and decoration. The Group has already set up several smart PC plants nationwide. It runs 19 self-operated PC plants and several plants owned and operated by franchisees.
With the consistent adherence to its development strategy of “driving development with leading technology”, the Group is equipped with the five most advanced core technology systems specific to the industry of prefabrication construction in the world with the Group’s possession of a plenitude of core technologies ranging from BIM in the context of intelligent construction, the Internet of Things, Big Data to artificial intelligence. The number of the Company’s patents has been continuously ranking first in the prefabricated construction industry.
DIT Group is committed to becoming a leading service provider of integrated solutions in smart building. In 2020, it announced a new strategy of “Smart Home” to create an innovative value chain-wide collaboration model. It is committed to making technological innovation in the entire value chain such as smart homes to help promote the development of the prefabricated construction industry.
For further information, please contact:
DIT Group Limited
Ms. Vanessa Sun
Senior Investor Relations Manager
Email: vanessa.sun@cmdrawin.com
iPR Ogilvy Limited
Tina Law / Connie Tsang
Tel: (852) 2136 6181 / 3920 7637
Email: dit@iprogilvy.com
Controlling shareholder Jianye Group and China Overseas Development Group Signed a Strategic Cooperation Agreement.
source
http://dit.aconnect.com.hk/document/press/pressEN_220218.pdf
18 February 2022, Hong Kong
Please read the full report at:
http://dit.aconnect.com.hk/document/press/pressEN_220218.pdf
The contracted sales of DIT Group surged by 119% in 2021.
source
http://dit.aconnect.com.hk/document/press/pressEN_220119.pdf
19 January 2022, Hong Kong
DIT Group Limited (“DIT” or the “Group”, SEHK stock code: 726), an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction (“PC”) in the People’s Republic of China (“PRC”), is pleased to announce that the Group has a significant improvement in its operating results in 2021. The Group’s contracted sales increased by approximately 119% from approximately RMB2.601 billion for the year ended 31 December 2020 to approximately RMB4.669 billion for the year ended 31 December 2021.
The growth in contracted sales, production volume and sales volume is mainly attributed to an increasing demand in the prefabricated construction industry driven by the accelerated implementation of carbon neutrality policy across the country, the rapid rise in the production capacity of the Group’s PC components and better economies of scale, as well as the excellent business service ability in the whole industry chain and brand advantages that have been continuously recognized by the market and customers.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “We are confident in the prefabricated construction industry in China, which is greatly supported by the central government. It is expected that the development scale of prefabricated construction industry in China will continue its rapid growth. In line with the government’s strategic goal of carbon neutrality, we actively promoted prefabricated construction technology that can reduce carbon emissions from construction activities, accelerated the green transformation and upgrading of the construction industry and practiced sustainable development, striving to become a provider of integrated smart building solutions.”
For further information, please contact:
DIT Group Limited
Ms. Vanessa Sun
Senior Investor Relations Manager
Email: vanessa.sun@cmdrawin.com
iPR Ogilvy Limited
Tina Law / Connie Tsang
Tel: (852) 2136 6181 / 3920 7637
Email: dit@iprogilvy.com
Grasping ESG investment trends, Zhuyou Intelligent Manufacturing Technology (0726.HK) highlights its sustainable development capabilities.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001jcn4
December 10, 2021 19:01 Gelonghui APP
In the context of my country’s economy shifting from rapid development to high-quality development, more and more visionary people are beginning to agree that only achieving sustainable development of the economy, society, environment, and enterprises can achieve the Pareto’s best. Excellent solution.
On December 10, 2021, Gelonghui "The 3rd Greater China Best Listed Company Award Ceremony" was held in Shenzhen. Zhuyou Intelligent Manufacturing Technology won the "Best Sustainable Development Company" award for its outstanding performance in ESG. The current ESG performance has gradually become an important factor for professional investors to measure the investment value of listed companies. May wish to take this opportunity to take a closer look at why Zhuyou Zhizao Technology has won this award.
Carbon neutrality is the greatest certainty of the ESG concept, and prefabricated buildings benefit first.
First of all, it needs to be clear that ESG is a very broad concept, and it is a new value concept that focuses on the environment, society, and corporate governance performance. It emerged in Europe in the last century. As my country's capital market gradually improved, it began to affect my country's market. Since the beginning of this year, the tightening of regulatory policies in education, Internet, gaming and other industries has been affected by related factors, and the final effect on the capital market is also obvious to all.
It is worth mentioning that due to differences in history, culture, and systems between the East and the West, the understanding of Chinese and foreign investors is different in terms of specific performance, especially in social and corporate governance. For example, China is more concerned about Whether it meets the major premise of "common prosperity", the West is more concerned about ethnic diversity.
But for the environment, the two sides have the greatest consensus, and "carbon neutrality" is precisely the concentrated expression of this consensus. Therefore, for Hong Kong stocks, a market where domestic and foreign capital are equally important, carbon neutral concept stocks can be favored by the most ESG funds in the market, and they also have more room for valuation improvement.
Carbon neutrality involves a wide range of industries, but the construction industry should undoubtedly be the first to be worthy of attention. According to the "China Building Energy Conservation Annual Development Report 2020", the total carbon emissions of the construction industry in the entire process reached 4.93 billion tons of carbon dioxide, accounting for 51.3% of the country's carbon emissions. If such an ultra-high energy consumption industry achieves the development of low energy consumption or even net zero energy consumption, it will be of great significance to the completion of my country's carbon neutral plan.
The prefabricated building is precisely the necessary carrier for building carbon neutrality. It processes the components in the factory and then takes them to the construction site for assembly, which greatly reduces material consumption and waste generation, which is in line with the general direction of the construction industry's transformation to modernization and cleanliness. According to data from Northeast Securities, prefabricated buildings can reduce carbon emissions by 25KG per square meter compared to cast-in-place buildings.
At present, the penetration rate of prefabricated buildings in my country is only 20%, and the data in developed countries such as the United States, Japan, and France all exceed 80%. In contrast, prefabricated buildings in my country still have broad room for improvement. According to the national plan, the proportion of prefabricated buildings in my country will reach 30%.
Judging from the current types of prefabricated buildings, the proportion of concrete structures has continued to increase. As its cost further drops, the share of concrete structures is expected to increase further. As one of the main players of PC components (concrete components) in China, Zhuyou Intelligent Manufacturing Technology is benefiting from the core target of the development of prefabricated buildings. In the first half of this year, its PC component revenue increased by 26.4% year-on-year, and its sales contract value soared by 369.5% year-on-year.
It should be noted that the huge market increment space has also attracted many competitors, which is also necessary for the healthy development of the industry. To obtain the long-term maximum industry dividend and achieve growth, the company needs to continue to build its core competitiveness.
Conform to the trend of digital intelligence, actively research and develop to consolidate the advantages of the entire industry chain.
From a long-term perspective, as the production capacity on the supply side continues to increase, industry competition is intensified. According to the law of manufacturing development, the period of stock competition is when cost and efficiency are compared. For companies with a single business development, there is profitability. Limited possibilities.
In view of this, Zhuyou Zhizao Technology has chosen the entire industry chain layout from the beginning, covering multiple types of businesses such as design, component manufacturing, decoration, and gardening. Diversified business layout is conducive to the steady growth of the company's long-term performance. More importantly, opening up the upstream and downstream information links enables a single project to start from the overall perspective, improve the degree of standardization, and achieve the purpose of reducing costs and increasing efficiency.
To continuously consolidate and give full play to the advantages of the entire industry chain, the first thing is to continuously improve the company's entire industry chain research and development level, which is another major advantage of Zhuyou Intelligent Manufacturing Technology. It can be seen that Zhuyou Intelligent Manufacturing Technology has completely independent intellectual property rights in the six major building industrialization technology systems, including
architectural design,
intelligent manufacturing,
on-site assembly,
decoration,
new materials, and
building information.
As of October 31, 2021 , It has applied for 1887 patents and 1288 authorized patents, ranking first in the industry in terms of number.
Focusing on the continuous research and development of the entire industry chain, Zhuyou Smart Manufacturing Technology integrates its own technology-material reduction application and substitution (RIFF system, large-span prestressed laminated board, solid waste material recycling, etc.), advanced equipment production lines, Through the integration of design, manufacturing, and assembly, manufacturing process technology, smart construction, assembly-style decoration, and digital-intelligence management platform, etc., solve the problems of coordination and connection between technology chains in the whole process of engineering construction, and form a system-integrated production The operating system provides real estate companies with complete and sustainable green building products (residential, public buildings) that can reduce carbon emissions.
For example, in terms of research and development, the company’s self-developed RIFF structural system can reduce carbon emissions by 52.98-83.57 kg per square meter compared to conventional traditional cast-in-place structural systems; in the production and operation of PC factories, the use of renewable energy and Efficient use of energy, advanced equipment production lines and manufacturing technology, a green PC factory with a construction area of ??about 20,000 square meters, can reduce carbon emissions by 946 tons per year; in the application of green materials, use high-performance materials that can replace cement, Solid waste recycling, concrete composite early-strength and low-energy production technology, each typical component concrete can reduce carbon emissions by 45.16 kg, and explore the promotion of the use of gypsum mortar, A-level thermal insulation and decoration integrated exterior wall panels and ceramic tile dry wall panels, etc. Compared with traditional materials of the same type, carbon emissions can be reduced by 147.7 kg/m2, 1.125 kg/m2 and 84.4 kg/m2 respectively.
These are the results of Zhuyou Intelligent Manufacturing Technology actively embracing the development direction of the industry and insisting on the development of digital intelligence.
For a long time, my country's construction industry has been in a state of large but not strong, with problems such as low design level, backward organization, disconnected industrial chain links, and fierce low-level competition, which have affected the profitability of enterprises. In the context of the current economic dominance of the information industry, the construction industry, a pillar industry with an output value of ten trillion yuan, will inevitably move towards digital and intelligent transformation.
This is also the logic behind the continuous investment in R&D and innovation of Zhuyou Intelligent Manufacturing Technology, a pioneer in the industry. The sub-projects of the "13th Five-Year" national key R&D plan that he is responsible for have passed the acceptance of the expert group. The flexible manufacturing technology of components can increase the production capacity by more than 30%. The research and development of the intelligent factory digital intelligent management platform can help control the factory data and improve efficient. Through the extensive application of the digital intelligence platform, Zhuyou Intelligent Manufacturing Technology can better save labor costs, reduce resource consumption, and improve business quality.
Of course, the transformation of digital intelligence requires the joint efforts of the entire industry. Relying on its full production chain advantages, Zhuyou Intelligent Manufacturing Technology is also accelerating the construction of an industry ecosystem platform. In August of this year, Glodon, the leading engineering cost software, invested 288 million Hong Kong dollars to invest in Zhuyou Zhizao Technology, with a shareholding ratio of 9.67%, becoming the company's second largest shareholder. It is foreseeable that the combination of Glodon's digital solutions and the industrialized technology system of Zhuyou Intelligent Manufacturing Technology will not only promote the acceleration of the industry's upgrading and transformation, but also bring more business growth points to the company.
Write at the end
The ESG investment philosophy seems to only consider the value of the company in terms of non-financial factors, but it is not. Companies with higher ESG scores can often obtain better internal and external resources, better innovation capabilities, and higher risk management capabilities, so as to achieve better profitability and lower financing costs, that is, from the non-financial level to the financial level Penetration, which in turn promotes the enhancement of corporate value.
Zhuyou Intelligent Manufacturing Technology takes advantage of the prefabricated building, which is in line with the characteristics of current ESG investment. It combines its own unique advantages and has high long-term performance growth and certainty. However, the current PE valuation of less than 15 times cannot be completely completed. React to this. If you refer to the research report of Anli Securities, based on its performance expectations for Zhuyou Zhizao Technology, it is given 11.6 times PE in 2022, with a target price of 1.5 Hong Kong dollars. Compared with the current stock price, there is more than 70% upside potential.
Zhuyou Intelligent Manufacturing Technology (00726.HK): Glodon has completed its shareholding of HK$288 million.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001irt6
November 21, 2021 13:22 Gelonghui APP
On November 19, Zhuyou Group's listed sector-Zhuyou Intelligent Manufacturing Technology Group Co., Ltd. issued an announcement, announcing that it will cooperate with Glodon (Hong Kong) Software Co., Ltd. on August 20 all the conditions of the subscription agreement have been fulfilled, the subscription has been completed on November 19, 2021 in accordance with the terms of the subscription agreement, and the total subscription of 300 million shares has been completed in accordance with the terms and conditions of the subscription agreement. Conditions are issued and distributed to subscribers at the subscription price.
The announcement shows that after the completion of the subscription, Glodon holds 9.67% of Zhuyou Zhizao Technology's shares, and officially becomes the second largest shareholder of Zhuyou Zhizao Technology.
On August 24, Hu Baosen, the controlling shareholder of Zhuyou Zhizao Technology and Chairman of Jianye Group, delivered a speech at the press conference.
On August 24, Diao Zhizhong, Chairman of Glodon Technology Co., Ltd., delivered a speech at the press conference
On August 24, Zhuyou Zhizao Technology and Glodon Technology held a strategic cooperation press conference to disclose the content of their respective listed companies' announcements about Glodon’s shareholding in Zhuyou Zhizao Technology, and introduced the relevant details of the strategic cooperation. Hu Baosen, the controlling shareholder of Zhuyou Zhizao Technology and the chairman of Jianye Group, and Diao Zhizhong, chairman of Glodon Technology Co., Ltd. all placed high hopes for the cooperation between the two parties at the meeting.
At the press conference held on August 24, Zhuyou Zhizao Technology Board Chairman and Executive Director Liu Weixing, Executive Director and Chief Executive Officer Guo Weiqiang, and Non-executive Director Wang Jun attended the Zhengzhou venue and answered on-site questions.
The announcement also disclosed the direction of the use of the capital. The net proceeds from the subscription (after deducting the expenses incurred by the subscription) are approximately HK$287.5 million. Among them, 90 million Hong Kong dollars is intended to be used for digitalization and software development related to the construction industry, and the remaining amount will be used for working capital and other general corporate purposes.
Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology, said that Glodon's shareholding in Zhuyou Zhizao Technology is a milestone in the cooperation between the two parties from the business level to the strategic level, and will officially start the joint operation of the digital business of prefabricated buildings. In the future, the cooperation between the two parties will focus on the national "14th Five-Year Plan" digital planning, carbon peaking and carbon neutrality, construction industry transformation and upgrading and other macro strategies, bringing more value and imagination to the digitalization of China's construction industry Solutions to empower and increase efficiency for the transformation, upgrading and high-quality development of the prefabricated construction industry.
Zhuyou Intelligent Manufacturing Technology (00726.HK) completed the allotment of 300 million shares.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001iqmy
November 19, 2021 18:59 Gelonghui APP
Zhuyou Zhizao Technology (00726.HK) issued an announcement that all the conditions set out in the subscription agreement have been fulfilled, and the subscription has been completed on November 19, 2021 in accordance with the terms of the subscription agreement. In addition, a total of 300 million subscription shares have been issued and allotted to subscribers at the subscription price in accordance with the terms and conditions of the subscription agreement.
Zhuyou Intelligent Manufacturing Technology (00726.HK) as of September 30, the output of prefabricated building components and products reached 272,400 cubic meters, an increase of 28.11% year-on-year.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001hil3
October 11, 2021 19:55 Gelonghui APP
Zhuyou Zhizao Technology (00726.HK) announced that the production and capacity utilization of the group's prefabricated building components and products have increased significantly compared with last year. As of September 30, 2021, the Group's output of prefabricated building components and products reached 272,400 cubic meters, an increase of 28.11% year-on-year; during the year, the Group successfully won the bid for the joint procurement of the China City Alliance, which resulted in an increase in orders, plus multiple PC factories The successful commissioning and the gradual implementation of the Group's research and development results, the increase in factory digitization, automation and component standardization, has promoted the increase in output.
Guo Weiqiang, executive director of the company, said: "We are fully confident in China's prefabricated construction industry, which is strongly supported by the central government. It is expected that the scale of development of China's prefabricated construction industry will continue to achieve rapid growth.
In addition, the Group’s newly added gardening and decoration business is accelerating its development. The Group has established a joint venture with Dongzhu Ecological, a leading garden company. The unveiling ceremony will be held at the end of September. It will promote the growth of the Group’s entire industry chain together with its prefabricated building components and product businesses. . "
"Industrialization + Digitalization", Zhuyou Intelligent Manufacturing Technology Joins Glodon.
source
https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-08-24/doc-ikqcfncc4751340.shtml
August 24, 2021 18:22 Sina Finance
On August 24, the strategic cooperation conference between Zhuyou Smart Manufacturing Technology and Glodon was held in Hong Kong, Beijing, Shanghai, Zhengzhou and Changsha through online conferences. At the meeting, the two parties announced the relevant details of Glodon's shareholding in Zhuyou Intelligent Manufacturing Technology, shared the future cooperation plan of the two parties, and answered questions from analysts, investors, and the media.
Hu Baosen, the controlling shareholder of Zhuyou Zhizao Technology and Chairman of Jianye Group, Liu Weixing, Chairman and Executive Director of Zhuyou Zhizao Technology, Guo Weiqiang, Executive Director and Chief Executive Officer, Wang Jun, Non-executive Director, Yu Dayou, Chief Financial Officer Official Hu Zhenbang; Chairman Diao Zhizhong, President Yuan Zhenggang, Vice President and General Manager of Investment Management Department Fu Yonghui, Assistant President and General Manager of Innovation Center Zhu Xiaoyu attended the press conference.
Glodon acquires shares in Zhuyou Zhizao Technology and becomes the second largest shareholder.
At the press conference, the two parties introduced the relevant details of the cooperation based on the official disclosure announcements of their respective listed companies.
According to the information, Glodon intends to subscribe for 300 million shares issued by Zhuyou Zhizao Technology through its Hong Kong subsidiary with an investment of 288 million Hong Kong dollars, at a subscription price of 0.96 Hong Kong dollars per share, accounting for 9.67% of the issued share capital of Zhuyou Zhizao Technology after the issuance. After the subscription is completed, Glodon will become the second largest shareholder of Zhuyou Zhizao Technology.
Hu Baosen said that the cooperation between Jianye and Glodon has been around for a long time. As early as 2019, the two sides started cooperation in the construction of enterprise digital platform system and achieved good results. Glodon’s shareholding in Zhuyou Intelligent Manufacturing Technology is a milestone in the cooperation between the two parties from the business level to the strategic level. The two parties will form a new CP in the construction industry of "industrialization + technology", centering on the national "14th Five-Year" digital planning, Macro strategies such as carbon peaking and carbon neutrality, and the transformation and upgrading of the construction industry, aim at the new track of digitalization of prefabricated buildings and start the joint operation of digital business of prefabricated buildings. It is expected that the cooperation between the two parties will bring more valuable and imaginative solutions to the digitalization of China's construction industry, and empower and increase efficiency for the transformation and upgrading of the construction industry and the high-quality development of the real estate industry.
Diao Zhizhong said that if the construction industry wants to get rid of the traditional extensive development model, it needs to be guided by digital technology, with new building industrialization as the core, information technology as the effective support, and the deep integration of industrialization and information technology to create green buildings. The transformation of industrialization and refinement represented by prefabricated buildings, and digital construction is the inevitable direction of the transformation and upgrading of the construction industry. In the era of carbon neutrality and labor shortage in the construction industry, prefabricated buildings, due to their inherent standardization and industrialization characteristics, are the development trend of the industry and are expected to be the first to achieve full digitalization. This time Glodon has joined forces with Jianye Group and Zhuyou Intelligent Manufacturing Technology. It is hoped that through the bond of capital, they will give full play to their respective advantages, and jointly carry out technical co-construction around new design, new construction, and new operation and maintenance in the construction industry. The level of refinement and digitization of the construction industry contributes to the realization of the industrialization, digitization and green development of the construction industry.
New CP in the construction industry-"Industrialization + Digitalization".
Glodon's shareholding in Zhuyou Smart Manufacturing Technology is the first step for the two parties to carry out in-depth strategic cooperation. It is also the first attempt by a construction industry company to form a new CP of "industrialization + digitalization" with a software business enterprise.
As an innovative high-tech enterprise focusing on the entire industrial chain of prefabricated buildings, Zhuyou Zhizao Technology has 44 green building technology parks in 16 provinces and cities across the country. Its business covers PC components, decoration, gardens and other businesses. Its parent company.
Zhuyou Group also has prefabricated building design, construction, smart home and other business links, forming a complete closed loop of the entire smart building industry chain.
Glodon's business covers design, cost, construction, operation and maintenance, supply and procurement, parks, finance, universities, investment and mergers and acquisitions, and other fields, covering tool software, solutions, big data services, mobile apps, cloud computing services, and smart hardware equipment , Industrial financial services and other business forms, has provided nearly 100 professional application products and services for 310,000 corporate customers, participated in the construction of more than 6 million projects, and more than 10 million end users. It is a leading company in the digitalization of the domestic construction industry.
Both parties said that this cooperation is a good attempt for the two parties to collaborate on industry exploration. Glodon has rich software research and development resources and practical experience in the vertical field of the construction industry, and Zhuyou Zhizhi Technology has outstanding performance in the exploration and business application of the entire industrial chain of prefabricated buildings. Through this strong alliance, they will use their respective advantages to explore digital solutions for the prefabricated construction industry, and will provide the industry with more valuable digital products in the future.
Aiming at the new digital track of the construction industry.
At the press conference, representatives of both parties also introduced their respective companies and their next cooperation plans.
In particular, it is worth noting that the focus of the future strategic cooperation between the two parties will be around the digitalization of the construction industry, and "digitalization" is one of the key contents of the national "14th Five-Year Plan".
The National Fourteenth Five-Year Plan pointed out that it is necessary to create new advantages of the digital economy, give full play to the advantages of massive data and rich application scenarios, promote the deep integration of digital technology and the real economy, empower the transformation and upgrading of traditional industries, and give birth to new industries, new business models and new models. Strengthen the new engine of economic development; implement the "cloud and use data to empower intelligence" action to promote data-enabled coordinated transformation of the entire industry chain.
As a pillar industry of the national economy, the construction industry has always had a low degree of overall digitalization. Currently, the prefabricated construction industry vigorously promoted by the country has a huge demand for digital products such as operating system development. According to the national plan of "prefabricated buildings occupy 30% of the newly built building area each year", it is foreseeable that prefabricated buildings will be a trillion-scale market. With the further improvement of the national digital policy, the digital development and application of prefabricated buildings The scene is vast.
When introducing the cooperation plan, the business representatives of the two parties also stated that the next step of the digital cooperation between the two parties will cover the entire industrial chain of prefabricated buildings, explore and realize the data integration and series connection of various business ecology, and work together to create a digital overall solution for the prefabricated building industry.
Glodon acquires a 33% premium in Zhuyou Zhizao Technology (00726.HK).
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001fz6w
August 20, 2021
On August 20, Zhuyou Intelligent Manufacturing Technology Group Co., Ltd. (stock code: 0726 HK), a listed section of Zhuyou Group, issued an announcement stating that Zhuyou Intelligent Manufacturing Technology intends to cooperate with Glodon Technology Co., Ltd. signed an equity subscription agreement. Glodon intends to subscribe for 300 million shares issued by Zhuyou Zhizao Technology through its Hong Kong subsidiary with a capital of 288 million Hong Kong dollars, at a subscription price of 0.96 Hong Kong dollars per share. It accounts for 9.67% of the issued share capital of Zhuyou Zhizao Technology after the issuance.
It is worth noting that as of the close of the market on August 20, the share price of Zhuyou Zhizao Technology was HK$0.72, and the purchase price (HK$0.96 per share) exceeded the current share price by 33%.
The 2021 semi-annual report of Zhuyou Zhizao Technology shows that for the year ended June 30, 2021, the company achieved operating income of HK$594 million in the first half of 2021, a year-on-year increase of 48%; gross profit of HK$170 million, a year-on-year increase of 185%, net Profits increased by 185% year-on-year; mid-year surplus funds were HK$490 million, a substantial increase of 94% year-on-year; the main business income of PC components and patent licenses reached HK$498 million, a year-on-year increase of 35%, showing solid performance Growth trend.
In addition, the announcement also pointed out that Glodon is a leading company in the construction engineering information market in China. The business cooperation and synergy potential between the two parties is huge, which may generate higher economic and operational efficiency and increase investment returns. The announcement disclosed that the two parties agreed that the 90 million Hong Kong dollars in the raised funds will be used for digitalization and software development related to the construction industry.
Public information shows that Glodon’s business covers design, cost, construction, operation and maintenance, supply and procurement, parks, as well as finance, universities, investment and mergers and acquisitions, and other fields, covering tool software, solutions, big data services, mobile apps, cloud computing services , Smart hardware equipment, industrial financial services and other business forms, has established more than 80 subsidiaries around the world, serving customers in more than 100 countries around the world, and has provided nearly 100 professional application products and services to 310,000 corporate customers.
Zhuyou Intelligent Manufacturing Technology is an innovative high-tech enterprise focusing on the entire industrial chain of prefabricated construction, and is also the first listed company in the prefabricated construction industry. The company's main business is prefabricated construction, smart gardening and smart decoration. It has deployed 44 smart digital factories in 46 provinces across the country. The company has always adhered to the development strategy of "leading technology", has the industry's world-leading five core technology systems, has mastered core technologies such as BIM, Internet of Things, big data, and artificial intelligence in the field of smart construction. The number of independent research and development patents has consistently ranked first in the industry. One.
"Accelerating digital development and building a digital China" is an important part of the country’s 14th Five-Year Plan. With the in-depth advancement of new-type urbanization and construction industry supply-side reforms, the future development prospects of digital construction industry are broad. The joint entry of ministries and enterprises may mean that the start-up of the new track of digital construction in the construction industry has begun.
Zhuyou Zhizao Technology's interim results released: operating income increased by 48%, net profit increased by 185%.
source
https://cj.sina.com.cn/articles/view/2311077472/89c03e6002001qdfr
August 12, 2021 20:40 The Voice of Securities Daily
On August 12, Zhuyou Group's listed company segment-Zhuyou Zhizao Technology Group Co., Ltd. (stock code: 07726.HK, hereinafter referred to as "Zhuyou Zhizao Technology") held a 2021 interim results conference, and disclosed at the meeting The results of the 2021 interim performance of Zhuyou Zhizao Technology were reviewed, and the questions that investors were concerned about were answered. Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology, and Hu Zhenbang, chief financial officer, attended the press conference.
The picture shows Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology.
Steady improvement in performance
Net profit increased by 185% year-on-year.
From the perspective of financial data, Zhuyou Zhizao Technology achieved operating income of HK$594 million in the first half of 2021, a year-on-year increase of 48%; realized gross profit of HK$170 million, a year-on-year increase of 51%, and net profit a year-on-year increase of 185%; mid-year balance of funds was 4.9 Billion Hong Kong dollars, a substantial increase of 94% year-on-year; the main business income of PC components and patent licensing reached 498 million Hong Kong dollars, a year-on-year increase of 35%.
The steady growth of core financial indicators such as revenue scale, profitability, and capital reserves indicates that the company has continued to improve in terms of growth, stability and risk resistance.
The steady growth of performance in the first half of the year was mainly due to the correct corporate strategy. Under the guidance of the smart home smart manufacturing strategy, Zhuyou Smart Manufacturing Technology has firmly established the corporate mission of smart building a better life and the corporate positioning of "Smart Building Total Solution Service Provider" , With "new situation, new thinking, new model and new growth" as the general work policy, comprehensively promote the construction of the entire industrial chain of prefabricated buildings. At the same time, give full play to the company's scientific and technological research and development advantages and the professional capabilities of the entire industry chain, and continue to promote the realization of business performance goals and the steady growth of various core indicators.
Significant operating results
The scale effect is prominent.
It is worth noting that in the first half of the year, Zhuyou Intelligent Manufacturing Technology has achieved good results in factory operations through focusing on operations and promoting high-quality development. The company's new business growth points have been tapped, and the scale effect is becoming increasingly prominent.
In terms of factory operation, Zhuyou Smart Manufacturing Technology signed a new PC contract of 1.568 billion yuan in the first half of 2021, a year-on-year increase of 369%; the factory's output in the first half of the year reached 154,600 cubic meters, a year-on-year increase of 24%; the factory’s on-hand order reserve was 549,100 cubic meters , A year-on-year increase of 73%; TOP30 customers accounted for 32% of PC orders, and successfully won the bid for the annual centralized procurement of 9 units including China City Alliance, China Construction Third Engineering Bureau, China Construction Eighth Engineering Bureau, Zhengzhou Vanke and Hunan Poly, which is a performance increase Provided a strong guarantee; 4 commercial concrete stations in Dengfeng, Ruyang, Queshan and Yuxi were put into operation smoothly, contributing new business growth points.
In terms of scale effect, Zhuyou Intelligent Manufacturing Technology continued to exert its efforts in the entire industry chain. In the first half of the year, the company achieved a total contract value of 2.601 billion yuan, a year-on-year increase of 477%, of which the newly entered decoration and garden business in the second half of 2020 achieved a contract value of 5.19 100 million yuan. The scale of the factory layout is steadily advancing. In the first half of the year, 1 new investment agreement was signed (Shipeng, Foshan), 1 new asset-light factory (Renqiu, Hebei), and 3 new production factories (Dengfeng, Qijiang, Huidong) were all realized. Profitable, with a total of 18 production plants (including Tongxu Decoration Industrial Park). As of June 30, 2021, the company has deployed 44 green building technology parks in 16 provinces and cities across the country.
Carrying the banner of the industry
Juli Digital Intelligence and Ecological Platform Construction.
As a "intelligent building overall solution service provider", Zhuyou Intelligent Manufacturing Technology insists on "leading technology". In the first half of the year, a number of cutting-edge achievements in the industry were launched, and the effect of digital intelligence empowerment is obvious. The “Thirteenth Five-Year” national key R&D project undertaken by the company passed the acceptance of the expert group. Among them, the subject of "Automatic Combination Forming Technology and Equipment for Wall Panel Components Reinforcement Framework" was evaluated by the review expert group as "the overall results of the project reached the international advanced level"; MES2.0 was launched in 5 factories, which greatly improved operation efficiency; Intelligent mold arrangement system 1.0 realized a 75% increase in operation efficiency. The parent company successfully held the awarding ceremony and opening ceremony of the national post-doctoral scientific research workstation. The company was awarded 4 honors such as the small giant enterprise in Hunan Province and the specialized and new small and medium-sized enterprises in Henan Province.
In addition, in the first half of the year, Zhuyou Smart Manufacturing Technology also held the Zhuyou Home Smart Manufacturing Ecological Conference based on the overall development trend of the industry’s entire industrial chain. The industry leader is the first to explore a complete industry ecosystem platform and promote industry cooperation and win-win”, which has received wide attention from the industry.
Focusing on future development, Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizao Technology, said: “The national macro-control policies put forward new requirements for real estate development companies and also pose new challenges to the construction industry. The country’s 14th Five-Year Plan is in progress. The'green ecology' indicator and the national carbon peak and carbon neutral strategic goals have brought unprecedented development opportunities to the prefabricated construction industry. Zhuyou Smart Manufacturing Technology will adhere to the'Fourth' under the guidance of the Smart Home Strategy Big focus' (focusing on R&D breakthroughs, focusing on design leadership, focusing on scientific investment, focusing on organizational efficiency), while doing a good job in business operations, continue to build an ecological cooperation platform for the whole industry chain to collaborate and win-win, through the "technology sharing, standard co-construction , Industry’s win-win approach, and work with companies in all sectors of the industry to promote the coordinated development of the entire industry chain; continue to explore and apply green buildings and digital intelligence technologies to help China’s new urbanization and prefabricated Contribute to the achievement of its carbon peak and carbon neutral strategic goals."
Zhuyou Intelligent Manufacturing Technology (00726.HK) interim net profit rose 209.8% to HK$26.288 million, gross profit margin reached 28.6%.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001fn96
August 11, 2021 20:47 Gelonghui APP
Zhuyou Zhizao Technology (00726.HK) announced its interim results. For the six months ended June 30, 2021, the company's revenue was HK$594 million, a year-on-year increase of 47.6%; gross profit was 170 million In Hong Kong dollars, a year-on-year increase of 51.3%, gross profit margin increased to 28.6%; profit attributable to company owners was 26.288 million Hong Kong dollars, a year-on-year increase of 209.8%, and basic and diluted earnings per share were 0.94 HK cents.
In the first half of 2021, the Group benefited from the accelerated implementation of the prefabricated construction industry support policies across the country to promote market demand growth and the rapid expansion of prefabricated PC component production capacity. The business scale has achieved significant growth and business and operating efficiency have been greatly improved.
During the period, the group's sales revenue increased by about 47.6% year-on-year to about HK$594 million, of which the sales revenue from prefabricated building components was about HK$445 million, an increase of 26.5% year-on-year, and the revenue from new business decoration and garden services was about HK$63.72 million.
Zhuyou Intelligent Manufacturing Technology (00726) Hunan Xiangxi and Shijiazhuang Franchise Projects Successfully Reclaimed Land.
source
https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-07-28/doc-ikqciyzk8181691.shtml
At 20:54 on July 28, 2021 Zhitong Financial Network
Zhuyou Intelligent Manufacturing Technology (00726) announced that the two major franchisees of the group have successfully landed in July 2021. The Xiangxi Green Building Science and Technology Park franchise project successfully acquired 100 acres of land located in the Eco-Industrial Park in the West District of Xiangxi High-tech Zone, Hunan Province, China. The Shijiazhuang Ruimin Huizhu Science and Technology Park franchise project was successfully acquired in Gaocheng Economic Development Zone, Shijiazhuang City, Hebei Province, China 80 acres of land.
Zhuyou Xiangxi Green Building Technology Park is located in the ecological industrial park in the west of Xiangxi High-tech Zone, Hunan Province, China. It is a franchise project between the group and Xiangxi Dingsheng Building Materials Co., Ltd. and will be built by the group. Xiangxi Dingsheng Building Materials Co., Ltd. will maintain the industrial park’s ownership. This project is a prefabricated project introduced by the High-tech Zone of Xiangxi Prefecture, Hunan Province. It is an important part of the implementation of the prefabricated entire industrial chain in Xiangxi Prefecture. It will provide more advanced, environmentally friendly and green prefabricated building products for the greater Xiangxi region. Promote the development of new-type urbanization and rural revitalization in Xiangxi.
Shijiazhuang Ruimin Huizhu Science and Technology Park is located in Gaocheng Economic Development Zone, Hebei, China. It is another franchise project between the group and Hebei Shangzhan Technology Co., Ltd. and will be built by the group. Hebei Shangzhan Technology Co., Ltd. will maintain the technology park’s ownership. The project will closely follow the development positioning of Shijiazhuang as the "central city in the central and southern part of the Beijing-Tianjin-Hebei urban agglomeration" to develop Shijiazhuang Ruimin Huizhu Science and Technology Park to promote the integrated development of Beijing-Tianjin-Hebei and actively participate in the construction of the capital economic circle urban agglomeration.
The company's executive director Guo Weiqiang said that the implementation of the two projects will further improve the production capacity of Zhuyou Group in the country. Up to now, the group has deployed digital PC factories in 16 provinces and 42 cities across the country, including 10 franchised factories and 10 light asset factories. In the future, the group will continue to revolve around the "home-made smart" strategy, and continue to cooperate with partners through direct operation, franchising, and asset-light models. By importing brands, research and development results, exporting management, and patents, we will work with partners to achieve complementary resource advantages, patent results sharing, value symbiosis and win-win, and jointly create a "home smart manufacturing" production line cooperative ecological platform to promote the development of the prefabricated construction industry.
Zhuyou Intelligent Manufacturing Technology (00726.HK) In the first half of the year, the sales contract value of prefabricated building components and products increased by 369.46% year-on-year.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001excf
July 21, 2021 18:28 Gelonghui APP
Zhuyou Intelligent Manufacturing Technology (00726.HK) issued an announcement that the sales contract value of the group's prefabricated building components and products has increased significantly compared with last year. The sales contract value of the Group’s prefabricated building components and products increased by approximately 369.46% from approximately RMB 334 million for the half year ended June 30, 2020 to approximately RMB 1,568 million for the half year ended June 30, 2021.
The company’s executive director, Mr. Guo Weiqiang, said: “We have full confidence in China’s prefabricated prefabricated construction industry, which is strongly supported by the central government. It is expected that the development scale of China’s prefabricated prefabricated construction industry will continue to achieve rapid growth.” The group will continue to increase its output to Meet the growing market demand for prefabricated building components and products.
Zhuyou Zhizao Technology (00726.HK): It is expected that shareholders' profit for the first half of the year will be approximately HK$30 million, a year-on-year increase of not less than 180%.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001ev4i
July 20, 2021 09:50
On July 19, Zhuyou Group's listed sector-Zhuyou Zhizao Technology Group Co., Ltd. (stock code: 00726.HK, hereinafter referred to as "Zhuyou Zhizao") issued an announcement: as of June 30, 2021 Based on the preliminary assessment and review of the six-month unaudited consolidated management accounts, Zhuyou Zhizao expects to record a profit attributable to shareholders of approximately HK$30 million for the six months ended June 30, 2021, which is not an increase compared to the same period last year. Less than 180%.
Announcement analysis pointed out that this was mainly due to the increase in gross profit for the six months ended June 30, 2021 due to revenue growth of approximately 48% and the increase in revenue compared with the six months ended June 30, 2020.
Guo Weiqiang, executive director and chief executive officer of Zhuyou Zhizhi, said that Zhuyou Zhizhi successfully deployed five green building technology parks last year and achieved the completion and commissioning of six green building technology parks, and the business scale has grown rapidly. This year, the company will continue to take advantage of the entire industry chain and actively develop asset-light business models, including providing landscape services and decoration services. At the same time, the company also relied on the synergies with the various business segments of the Jianye Group, as well as the signing of strategic cooperation agreements with many well-known companies since 2020, to further expand the business segment, bringing stable orders for the first half of this year, and then Achieved a rapid increase in sales revenue and profitability.
Zhuyou Zhi builds Changsha Science and Technology Industrial Park
At present, Zhuyou Zhizao is preparing and finalizing its interim results for the six months ended June 30, 2021. The company expects to publish an interim results announcement for the six months ended June 30, 2021 by the end of August 2021.
Zhuyou Zhizao Technology (00726) and CCRE Real Estate entered into two agreements for decoration services and landscape services.
source
https://finance.sina.com.cn/stock/hkstock/ggscyd/2021-07-07/doc-ikqcfnca5538197.shtml
At 22:28 on July 7, 2021 Zhitong Financial Network
Zhuyou Intelligent Manufacturing Technology issued an announcement that on July 7, 2021, the company and CCRE Real Estate entered into an agreement to provide decoration services to CCRE Real Estate Group Framework Agreement One and Framework Agreement Two for the Provision of Landscape Services.
It is reported that the directors of the company have considered the following factors (if applicable) when reaching the proposed annual ceiling for decoration service arrangements and the proposed annual ceiling for garden landscape service arrangements:
First, in terms of decoration service arrangements, according to the company’s recent negotiations with CCRE, based on CCRE’s new demand in 2021, its new decoration projects that year are expected to require a total project area of ??approximately 1.54 million square meters. The total amount of decoration service contracts is approximately RMB 1.02 billion (the same unit below); it is estimated that in the decoration business of CCRE Real Estate in 2021, the group can undertake 50% of the maximum business volume, and the maximum total amount of decoration service contracts that can be undertaken Approximately RMB 510 million; calculated according to the actual conversion rate of the group’s existing contracts, the conversion rate of the group’s existing decoration service contracts to the current year’s revenue is approximately 68%, and the self-construction industry real estate undertook 510 million yuan in the second half of 2021. The contract is expected to be converted into operating income of about 300 million yuan.
Taking into account the implementation time of the Framework Agreement 1, it is estimated that the group can achieve 200 million yuan in revenue this year, accounting for about 67% of the relevant operating income; and based on the estimated demand of CCRE Real Estate and the estimated operating income conversion rate, the group expects 2022 The annual ceilings of the proposed decoration service arrangements in 2015 and 2023 will be increased to 300 million yuan and 400 million yuan respectively.
Second, in terms of garden landscape service arrangements, according to the company’s recent negotiations with CCRE, and based on CCRE’s new demand in 2021, its newly-added landscape projects in that year are expected to require a total project area of ??approximately 1.88 million square meters. The total contract value of the garden landscape service contract is about 940 million yuan; it is estimated that in the garden landscape business of CCRE Real Estate in 2021, the maximum business volume that the group can undertake is 50% of the total, and the maximum total contract value of the garden landscape service contract that can be undertaken is about 470 million yuan; according to the actual conversion rate of the group’s existing contracts, the conversion rate of the group’s existing landscape service contracts to the current year’s revenue is about 46%. It is expected to be converted into operating income of about 200 million yuan.
Taking into account the implementation time of the Framework Agreement II, it is estimated that the group can achieve 200 million yuan in revenue this year, accounting for 100% of the relevant operating income; and based on the estimated demand of CCRE Real Estate and the estimated operating income conversion rate, the group expects 2022 , In 2023, it is proposed that the annual upper limit of the garden landscape service arrangement will be increased to 300 million yuan and 400 million yuan respectively.
According to the announcement, the group has carried out market expansion and industrial layout in major cities in China, especially in the Central Plains region including Henan Province and its surrounding eight provinces and cities. Under the decoration service arrangement, it can efficiently provide construction materials for indoor hard decoration, soft decoration and outdoor decoration parts of residential public areas, sales offices, model rooms, bulk hardcover, commerce, clubs, office buildings, schools, shops, etc. Construction services such as installation and installation. Under the arrangement of garden landscape services, it can efficiently provide hard paving, seedling planting, landscape architecture, construction, landscape walls, fences, sketches, micro-topography, water features, lighting, and landscapes within the design scope. Design of water supply and drainage, background music, auxiliary facilities, etc., and technical services in the pre-construction and construction process. Relying on continuously improving business capabilities, the group can provide high-quality, large-scale decoration and garden landscape business delivery capabilities in the above-mentioned regions. By signing a framework agreement, the group can give full play to its advantages and technical expertise to obtain additional sources of income.
Zhuyou Zhizao Technology (00726.HK) receives executive director and chief executive officer Guo Weiqiang to increase his holdings of 830,000 shares.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001dz20
June 24, 2021 18:56 Gelonghui APP
Zhuyou Zhizao Technology (00726.HK) issued an announcement that the company’s board of directors was informed by Mr. Guo Weiqiang (the company’s executive director and chief executive officer) that on June 23 and 24, 2021, he announced The market acquired 130,000 and 700,000 company shares at an average price of approximately HK$0.868 and approximately HK$0.860 per share, respectively, for a total of approximately HK$112,900 and HK$602,000.
Mr. Guo is full of confidence in the company's future prospects and believes that the company will continue to grow and develop. Immediately after the acquisition, Mr. Guo was interested in 23.93 million shares, accounting for approximately 0.85% of the total issued share capital of the company as of the date of this announcement. The company agrees with Mr. Guo's view that the shares are traded at prices that greatly underestimate the company's performance and potential value, and recognize their confidence in the company's prospects and intrinsic value and their long-term commitments to the company.
Zhuyou Intelligent Manufacturing Technology (00726.HK) enters into an agreement for decoration engineering and landscape engineering.
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001dq4n
June 17, 2021 17:16 Gelonghui APP
Zhuyou Zhizao Technology (00726.HK) issued an announcement that on June 17, 2021, Zhuyou Zhizao Decoration and Zhuyou Zhizao Youzhi Construction Technology entered into a decoration engineering agreement and a garden landscape engineering agreement respectively. According to this, Zhuyou Zhizao Decoration and Zhuyou Intelligent Garden must enter into a contract for the construction of Zhuyou Zhizao Construction Technology’s three business premises in China. Decoration and landscape engineering.
The announcement stated that the group has the ability to provide fast and efficient decoration and landscape engineering at various construction sites signed by the decoration engineering agreement and the landscape engineering agreement. The group has participated in a number of large-scale decoration and garden landscape projects with a good track record. The Group can make full use of its technical expertise and experience to carry out the above-mentioned decoration and garden landscape projects. The Group believes that it can generate additional revenue and increase brand awareness through the decoration engineering agreement and the landscape engineering agreement.
00726 - Zhuyou Zhizao Technology: Voluntary announcement of directors' increase in equity.
source
https://finance.sina.com.cn/stock/relnews/hk/2021-06-11/doc-ikqciyzi9130785.shtml
June 11, 2021 18:03 Stock Exchange--Easy Disclosure
DIT GROUP LIMITED Zhuyou Intelligent Manufacturing Technology Group Co., Ltd.
(Incorporated in Bermuda with limited liability)
(Stock code: 726)
Voluntary announcement of directors’ increased shareholding.
This announcement was made voluntarily by Zhuyou Zhizao Technology Group Co., Ltd.
The board of directors of the company was informed by Mr. Guo Weiqiang ("Mr. Guo", the executive director and chief executive officer of the company) that it will be held on June 10, 2021 and June 10, 2021. On the 11th, he acquired 400,000 shares and 700,000 shares of the company at an average price of approximately HK$0.967 and approximately HK$0.949 per share in the open market, for a total of approximately HK$386,950 and HK$664,350. Mr. Guo has full confidence in the future prospects of the company and believes that the company will continue to grow and develop. Immediately after the acquisition, Mr. Guo was interested in 23,100,000 shares (including 21,000,000 shares granted under the company's share option plan but not yet exercised), which accounted for approximately 0.82% of the total issued share capital of the company as of the date of this announcement.
The company agrees with Mr. Guo's view that the shares are traded at prices that significantly underestimate the company's performance and potential value, and recognize their confidence in the company's prospects and intrinsic value and their long-term commitments to the company.
Subject to the requirements of applicable laws and regulations, Mr. Guo does not rule out the possibility of further increasing his equity in the company when deemed appropriate in the future.
By order of the board of directors
Zhuyou Zhizao Technology Group Co., Ltd.
Chairman and Executive Director
Liu Weixing
Hong Kong, June 11, 2021
As of the date of this announcement, the members of the board of directors are as follows: Mr. Liu Weixing (Chairman), Mr. Guo Weiqiang and Ms. Wang Jing are executive directors; Ms. Li Hua and Mr. Wang Jun are non-executive directors; Mr. Jiang Hongqing, Mr. Li Zhiming and Mr. Ma Lishan are independent non-executive directors. executive director.
Zhuyou Intelligent Manufacturing Technology (0726.HK) rose more than 6%, the chairman of the board of directors increased his holdings for two consecutive days,
source
https://cj.sina.com.cn/articles/view/5115326071/130e5ae7702001d9pe
June 03, 2021 11:02 Gelonghui APP
Zhuyou Zhizao Technology (0726.HK) rose 6.59% to 0.97 Hong Kong dollars in intraday trading. This is the third consecutive day of gains. The stock price hit a new high since the end of April, and its latest market value was 2.7 billion Hong Kong dollars. The company announced last night that Liu Weixing, chairman of the board of directors and executive director, purchased the company’s shares on June 1 and June 2, for a total of 1.55 million shares at a cost of nearly 1.4 million Hong Kong dollars. Immediately after the acquisition, Liu Weixing was interested in 32.84 million shares (including 28 million shares granted under the company’s share option plan but not yet exercised), accounting for approximately 1.17% of the company’s total issued share capital.
00726 - Zhuyou Intelligent Manufacturing Technology: voting results of the special general meeting of shareholders.
source
https://finance.sina.com.cn/stock/relnews/hk/2021-05-26/doc-ikmyaawc7692421.shtml
May 26, 2021 16:36 Stock Exchange--Easy Disclosure
DIT GROUP LIMITED Zhuyou Intelligent Manufacturing Technology Group Co., Ltd. (Incorporated in Bermuda with limited liability)
(Stock code: 726)
Voting Results of the Extraordinary General Meeting of Shareholders[/u]
I hereby refer to the notice of Zhuyou Zhizao Technology Group Co., Ltd. (the "Company") dated May 4, 2021 containing the notice ("Notice") of the Company's Extraordinary General Meeting ("Extraordinary General Meeting") Letter ("Circular"). Unless the context requires otherwise, the terms used in this announcement have the same meaning as those defined in the circular (if applicable).
Voting Results of the Extraordinary General Meeting
The board of directors is pleased to announce that the ordinary resolutions proposed in the notice (the "Resolutions" and the respective "Resolutions") have been approved at the extraordinary general meeting held on May 26, 2021. Shareholders formally approved it by voting. Computershare Hong Kong Investor Services Limited, the company's branch share registrar and transfer office in Hong Kong, has been appointed as the scrutineer for the voting at the extraordinary general meeting.
As of the date of the extraordinary general meeting, the total number of issued shares was 2,802,400,730 shares.
As disclosed in the circular and on the date of the special general meeting, (1) Jia Yao (International) Investment Co., Ltd., Jia Cheng (Holding) Investment Co., Ltd., Jia Heng (Holding) Investment Co., Ltd., and Schwab (Holding) Investment Co., Ltd. , Jianuo (Holding) Investment Co., Ltd. and Jiamin (Holding) Investment Co., Ltd. (both are indirect wholly-owned subsidiaries of Zhuyou Intelligent Manufacturing Industry, and Zhuyou Intelligent Manufacturing Industry is indirectly wholly-owned by Mr. Hu Baosen), and (2 ) Enhui Investment Co., Ltd. (which is directly wholly-owned by Mr. Hu Baosen) collectively controls and has the right to collectively exercise control over the voting rights of 2,025,177,425 shares. Therefore, it must abstain from voting on these resolutions at the extraordinary general meeting.
Therefore, after deducting the 2,025,177,425 shares controlled by Mr. Hu Baosen, the total number of issued shares held by shareholders who are entitled to attend and vote for or against these resolutions is 777,223,305 shares.
Except as disclosed above, no other shareholders are required to abstain from voting on these resolutions at the extraordinary general meeting. No shareholder is entitled to attend the EGM, but must abstain from voting in favour of the resolutions (as set out in Rule 13.40 of the Listing Rules) or must abstain from voting at the EGM under the Listing Rules. None of the shareholders stated in the circular that they intend to vote against or abstain from voting on any of these resolutions at the extraordinary general meeting.
The voting results of these resolutions are as follows:
Ordinary resolution* Number of votes (approximately %)
For against
1. Confirm, approve and ratify the proposed EPC service arrangement under the framework agreement, the terms of the EPC service arrangement and the estimated transaction value under the EPC service arrangement, and authorize any director to carry out the proposed arrangement under the framework agreement The EPC service arranges all relevant actions and matters, as well as signing, stamping, executing and delivering all relevant documents. 25,310 (99.80%) 50 (0.20%)
Ordinary resolution* Number of votes (approximately %)
For against
2. Confirm, approve and ratify the proposed supply arrangement, the terms of the supply arrangement and the proposed annual upper limit of the supply arrangement under the two framework agreement, and authorize any director to take all relevant actions regarding the proposed supply arrangement under the two framework agreement And matters, as well as signing, affixing a seal, executing and delivering all relevant documents. 25,310 (99.80%) 50 (0.20%)
3. Confirm, approve and ratify the proposed technology park design service arrangement, the terms of the technology park design service arrangement and the estimated transaction value under the technology park design service arrangement under the three framework agreements, and authorize any director to agree to the framework agreement The proposed technology park design service arrangement under the three items shall make all relevant actions and matters, and sign, stamp, execute and deliver all relevant documents. 25,310 (99.80%) 50 (0.20%)
* The full text of each resolution is contained in the notice.
Since more than 50% of the votes were cast in favor of the resolutions 1 to 3, the resolutions 1 to 3 were formally passed as ordinary resolutions of the company at the extraordinary general meeting.
By order of the board of directors
Zhuyou Zhizao Technology Group Co., Ltd.
Chairman and Executive Director
Liu Weixing
Hong Kong, May 26, 2021
As of the date of this announcement, the members of the board of directors are as follows: Mr. Liu Weixing (Chairman), Mr. Guo Weiqiang and Ms. Wang Jing are executive directors; Ms. Li Hua and Mr. Wang Jun are non-executive directors; Mr. Jiang Hongqing, Mr. Li Zhiming and Mr. Ma Lishan are independent non-executive directors. executive director.
Zhuyou Zhizao Technology: Continuing connected transactions in relation to the conclusion of the property lease agreement.
source
https://finance.sina.com.cn/stock/relnews/hk/2021-05-11/doc-ikmxzfmm1856306.shtml
May 11, 2021 16:43 Straight Flush
DIT GROUP LIMITED / Zhuyou Intelligent Manufacturing Technology Group Co., Ltd.
(Incorporated in Bermuda with limited liability) (Stock code: 726)
Continuing connected transactions in relation to entering into a property lease agreement
Property lease agreement
The board of directors hereby announce that on May 11, 2021 (after trading hours), Changsha Zhuyou (as the owner, the company’s indirect non-wholly-owned subsidiary) and Zhuyou Intelligent Manufacturing Industry (as the tenant) Entered into a property lease agreement, pursuant to which Changsha Zhuyou will lease the properties in Changsha Science and Technology Park to Zhuyou Intelligent Manufacturing Industry Group entities from May 11, 2021 to May 10, 2022 (Including the first and last two days), a period of one year.
Implications of the Listing Rules
As of the date of this announcement, Zhuyou Zhizao Industry indirectly holds approximately 63.53% of the issued shares and is therefore an indirect controlling shareholder and connected person of the company in accordance with the Listing Rules. Therefore, in accordance with Chapter 14A of the Listing Rules, the property lease agreement and the transactions contemplated thereunder constitute continuing connected transactions of the Company.
Since the highest applicable percentage rate for continuing connected transactions under the relevant property lease agreement exceeds 0.1% but less than 5%, the transactions contemplated under the property lease agreement are only subject to the annual review, reporting and reporting under Chapter 14A of the Listing Rules. The announcement stipulates, but is exempted from compliance with independent shareholder approval requirements.
Property lease agreement
The main terms of the property lease agreement are set out as follows:
Date: May 11, 2021
Owner: Changsha Zhuyou
Tenant: Zhuyou Intelligent Manufacturing Industry
The relevant leased properties can be used by Zhuyou Intelligent Manufacturing Industry Group entities.
Property: Property in Changsha Science and Technology Park
Leasing and ancillary services: According to the property lease agreement, Changsha Zhuyou agrees to (i) provide relevant Zhuyouzhi
Manufacturing Industry Group entities lease office space, employee dormitories, finished product warehouses, test plants, villas, showrooms and prefabricated components manufacturing plants; and (ii) provide them with certain supporting services, including heating and hot water supply, and Provide maintenance services for the Science Park ("Leasing and Supporting Service Arrangements").
Lease Period: From May 11, 2021 to May 2022
One-year period ending ten days (both dates inclusive)
Lease area: 19,812.18 square meters in total
Payable expenses: Zhuyou Smart Manufacturing Industry represents the Zhuyou Smart Manufacturing Industry Group entity to pay for Changsha
The total cost of Zhuyou is calculated with reference to the leased area used by each Zhuyou Intelligent Manufacturing Industry Group entity, and consists of two parts, namely (i) rent; and (ii) services for certain ancillary services provided by Changsha Zhuyou Fees, including heating and hot water supply, and the provision of maintenance services for the science and technology park.
The details of the monthly rent and service fees payable with reference to various leased properties are as follows:
Monthly service fee per square meter of leased area
Per square meter
Total monthly rent and service fees
Lease area
Total lease area
Rental property use
Monthly rent
(RMB) (RMB) (Sq.m.) (RMB)
Office space 90.00 25.86 5,965.32 691,141.98 Staff dormitory 24.00 4.04 4,401.08 123,406.28 Finished product warehouse 30.00 6.37 2,588.72 94,151.74 Test plant 60.00 27.11 4,516.73 393,452.35 Villa 60.00 4.56 917.44 59,229.93 Showroom 72.00 5.26 114.18 8,821.93
Manufacturing plant 60.00 27.11 1,308.71 114,001.73 Total: 19,812.18 1,484,205.56 The rent and service fee under the property lease agreement were determined by Changsha Zhuyou and Zhuyou Intelligent Manufacturing with reference to the current market rents of comparable properties in Changsha after arm's length negotiation.
Payment arrangement:
Zhuyou Intelligent Manufacturing Industry represents the Zhuyou Intelligent Manufacturing Industry Group entity to pay the rent and service fees payable under the property lease agreement to Changsha Zhuyou on a quarterly basis. Changsha Zhuyou must issue an invoice to Zhuyou Intelligent Manufacturing Industry before the 15th day of the next month after the end of each quarter, and Zhuyou Intelligent Manufacturing Industry must make payment before the 22nd day of the same month.
Other public utility expenses include utility bills, which must be levied on the basis of actual reimbursement and monthly fee payable.
If Changsha Zhuyou performs any repairs and maintenance works on the leased property, additional fees may be charged.
Previous Property Lease Agreement
On May 11, 2020, Changsha Zhuyou (as the landlord) and Zhuyou Intelligent Manufacturing Industry (as the tenant) entered into a previous property lease agreement for leasing and ancillary service arrangements. The main terms of the previous property lease agreement were set out in the company's announcement dated May 11, 2020.
For leasing and ancillary service arrangements, the company must set an annual cap on the maximum total transaction amount during the term of the previous property lease agreement. The actual realised transaction amounts and annual caps for the lease and ancillary service arrangements under the previous property lease agreements in 2020 are set out as follows:
Actually
Purpose of previous property lease agreement
Annual limit on the amount of cash changed
(Approximate
RMB yuan) (RMB yuan)
Leasing and ancillary service arrangements 10.86 million 16.21 million The actual transaction amount related to leasing and ancillary service arrangements was lower than the annual cap, mainly due to the state’s relevant policies and regulations on rent reduction and exemption during the epidemic. These properties under lease provide Zhuyou Intelligent Manufacturing Industry with a rent reduction of RMB5.35 million.
Recommended annual cap
As far as the lease and ancillary service arrangements under the property lease agreement are concerned, the Company shall, in accordance with Rule 14A.53 of the Listing Rules, set an annual cap on the value of the payment made by Zhuyou Intelligent Manufacturing Industry to Changsha Zhuyou every year. When reaching the proposed annual cap, the directors have considered the rent and service fees payable during the term of the property lease agreement and estimated public utility charges payable. It is estimated that the maximum transaction value during the term of the property lease agreement will be RMB 18,000,000 (equivalent to approximately HK$21,756,000).
The rent, service fees and other related public utility expenses under the Property Lease Agreement are determined by Zhuyou Intelligent Manufacturing Industry and Changsha Zhuyou with reference to the current market rents of comparable properties in Changsha after arm's length negotiation.
Reasons and benefits of entering into the property lease agreement
The Group believes that by leasing properties in Changsha Science and Technology Park, the idle properties in Changsha Science and Technology Park can be better utilized. It selects tenants based on its internal evaluation and selection process, which takes into account a number of factors, such as the quality of the tenants and the relationship with the tenants concerned.
The board of directors (including all independent non-executive directors, but excluding non-executive director Ms. Li Hua (who is the daughter of Mr. Hu Baosen, who indirectly holds all the equity of Zhuyou Zhizhi Industrial)) believes that:
(i) The terms and conditions of the property lease agreement are fair and reasonable general commercial terms;
(ii) The proposed annual cap is fair and reasonable; and
(iii) The property lease agreement and the transactions contemplated under it are entered into in the daily business process of the company and its subsidiaries and will be conducted in the daily business process, which is in the overall interest of the company and shareholders.
To the best of the directors’ knowledge and belief after making all reasonable enquiries, except for the daughter of Mr. Hu Baosen (who indirectly holds the entire equity of Zhuyou Zhizao Industry), Ms. Li Hua (non-executive director), none of the directors is involved in the property lease agreement Have significant interests in the proposed transaction. In order to maintain good corporate governance, Ms. Li Hua has abstained from voting on the relevant board resolutions to approve the property lease agreement and the proposed transactions under it.
Information about the parties
Our company
The company was incorporated in Bermuda as an exempted company with limited liability and its shares are listed on the Stock Exchange. It is an investment holding company and its subsidiaries are mainly engaged in prefabricated construction business and property investment in the PRC.
Zhuyou Intelligent Manufacturing Industry
Zhuyou Intelligent Manufacturing Industry is a limited company established under the laws of China. As of the date of this announcement, Zhuyou Zhizao Industry indirectly holds approximately 63.53% of the issued shares and is therefore an indirect controlling shareholder of the company.
Zhuyou Smart Manufacturing Industry is also indirectly wholly-owned by Mr. Hu Baosen, the father of Ms. Li Hua (non-executive director). Zhuyou Intelligent Manufacturing Industry is an investment holding company. In addition to holding equity in the company, Zhuyou Zhizhi Industry, through its Chinese subsidiary, is mainly engaged in general consulting and design of prefabricated construction business in China.
Changsha Zhuyou
Changsha Zhuyou is a limited company established under the laws of the PRC. It is held 51% and 49% by Zhuyou Zhizao Investment, an indirect wholly-owned subsidiary of the Company, and Zhuyou Co., Ltd., an indirect wholly-owned subsidiary of Zhuyou Intelligent Manufacturing Industry, respectively. The main business of Changsha Zhuyou includes the industrialization of construction.
Implications of the Listing Rules
As of the date of this announcement, Zhuyou Zhizao Industry indirectly holds approximately 63.53% of the issued shares and is therefore an indirect controlling shareholder and connected person of the company in accordance with the Listing Rules. Therefore, according to Chapter 14A of the Listing Rules, the property lease agreement and the transactions contemplated thereunder constitute connected transactions of the Company.
As the maximum applicable percentage rate for continuing connected transactions under the relevant property lease agreement exceeds 0.1% but less than 5%, the transaction contemplated under the property lease agreement constitutes a continuing connected transaction, which is only required to comply with the year under Chapter 14A of the Listing Rules Review, reporting and announcement requirements and be exempt from compliance with independent shareholder approval requirements.
Paraphrase
Unless the context requires otherwise, the terms used in this announcement will have the same meanings as set out below:
"Board of Directors" means the Board of Directors
"Company" refers to Zhuyou Zhizao Technology Group Co., Ltd., incorporated in Bermuda
A limited company whose shares are listed on the main board of the Stock Exchange
"Connected person" has the meaning assigned to the term under the Listing Rules
"Controlling shareholder" has the meaning assigned to it under the Listing Rules
"Director" means a director of the company from time to time
"Changsha Zhuyou" refers to Changsha Zhuyou Intelligent Manufacturing Technology Co., Ltd., a company under Chinese law
Established limited companies, 51% and 49% held by China Minzhuyou Investment and Zhuyou Co., Ltd. "Zhuyou Co., Ltd."
Co., Ltd., an indirect wholly-owned subsidiary of Zhuyou Intelligent Manufacturing Industry
"Zhuyou Intelligent Manufacturing Investment" means Zhuyou Intelligent Manufacturing Technology Investment Co., Ltd., a company based on Chinese laws
A limited company established as an indirect wholly-owned subsidiary of the company
"Zhuyou Intelligent Manufacturing Industry" refers to Zhuyou Intelligent Manufacturing Technology Industry Group Co., Ltd. (formerly known as China Minsheng Zhuyou Technology Industry Co., Ltd.), a limited liability company established under the laws of the PRC, which is the indirect controlling shareholder of the company
Zhuyou Intelligent Manufacturing Industry Collection
Refers to Zhuyou Intelligent Manufacturing Industry and its subsidiaries from time to time. For the purpose of this announcement, it does not include the Group.
Group entity
"Group" means the company and its subsidiaries from time to time
"Hong Kong dollar" means Hong Kong dollars, the lawful currency of Hong Kong
"Hong Kong" means the Hong Kong Special Administrative Region of the People's Republic of China
"Listing Rules" means the Securities Listing Rules of the Stock Exchange
"China" refers to the People's Republic of China. For the purposes of this announcement, it does not include Hong Kong, the Macao Special Administrative Region of the People's Republic of China and Taiwan
"Previous Property Leasing Association
Refers to the property lease agreement between Changsha Zhuyou (as the owner) and Zhuyou Intelligent Manufacturing Industry (as the tenant) dated May 11, 2020, which relates to the lease of properties in Changsha Science Park
Discuss
"Property Lease Agreement" refers to Changsha Zhuyou (as the owner) and Zhuyou Intelligent Manufacturing Industry (as the tenant)
Entered into a property lease agreement dated May 11, 2021. The content relates to the lease of properties in Changsha Science and Technology Park
"Proposed Annual Cap" refers to the proposed annual value of the total transaction value proposed under the property lease agreement
limit
"Renminbi" refers to Renminbi, the legal currency of China
"Shares" refer to ordinary shares of HK$0.40 each in the share capital of the company
"Shareholders" refer to the holders of issued shares
"Stock Exchange" The Stock Exchange of Hong Kong Limited
"Subsidiary" means having the meaning assigned to it by the Companies Ordinance (Chapter 622 of the Laws of Hong Kong)
Righteousness
For illustrative purposes only, the amount denominated in RMB in this announcement has been converted into Hong Kong dollars at the exchange rate of 1 Hong Kong dollar to RMB 0.82736. The conversion should not be interpreted as indicating that the relevant amount has been, should be, or can be, or completely converted at any designated exchange rate.
By order of the board of directors
Zhuyou Zhizao Technology Group Co., Ltd.
Chairman and Executive Director
Liu Weixing
Hong Kong, May 11, 2021
As of the date of this announcement, the members of the board of directors are as follows: Mr. Liu Weixing (Chairman), Mr. Guo Weiqiang and Ms. Wang Jing are executive directors; Ms. Li Hua and Mr. Wang Jun are non-executive directors; Mr. Jiang Hongqing, Mr. Li Zhiming and Mr. Ma Lishan are independent non-executive directors. executive director.
DIT Group signed a strategic cooperation agreement with the Eastern China branch of CSCEC’s Fifth Bureau.
source
http://dit.aconnect.com.hk/document/press/pressEN_20210419.pdf
19 April 2021
DIT Group Limited (“DIT” or the “Group”, SEHK stock code: 726), an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction in the People’s Republic of China (“PRC”), is pleased to announce that the Group’s parent company, Drawin Group, signed a strategic cooperation agreement with the Eastern China branch of The Fifth Bureau of China State Construction Engineering Corporation (“CSCEC”), the two parties will conduct in-depth cooperation in general contracting of prefabricated construction projects, PC components supply and other fields, also negotiate and explore cooperation in plant design of industrial parks, production line planning and design, construction, production equipment, technical support, and operation. The CSCEC’s Fifth Bureau was founded in 1965, ranking 18th in the world's top 500 - a wholly owned backbone enterprise of China State Construction Engineering Corporation Limited, and a modern investment and construction group integrating investment, construction and operation, ranked top three in CSCEC and second in the top 100 enterprises in Hunan Province. It mainly engaged in housing construction, infrastructure construction, investment, and real estate development.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “The CSCEC’s Fifth Bureau and Drawin Group have a good foundation for cooperation, with promising and broad cooperative prospects, looking forward to both parties’ commitment to a long-term strategic partnership in construction industrialization, grasping opportunities of rapid development in the era of smart building, achieving mutual benefit and win-win result. Last year, the Group signed strategic cooperation agreements with many reputable companies including JD Group, Jinke Property Group, Sunriver Holding Group and Jujiang Construction Group to create synergy, further expanded business segments, and consolidated business advantages of the entire industry chain and laid a steady foundation of purchase orders pipeline for business this year. In the future, we will strengthen similar strategic cooperation, form a sustainable business model through strong alliances and complementary advantages, broaden different cooperation areas, and deepen the group's footholds across China.”
About DIT Group Limited
Headquartered in Changsha and Zhengzhou, the PRC, DIT Group is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The main business of the Group covers smart prefabricated manufacturing, landscaping services and decoration. The Group has already set up several smart PC plants nationwide. It runs 15 self-operated PC plants and several plants owned and operated by franchisees.
With the consistent adherence to its development strategy of “driving development with leading technology”, the Group is equipped with the five most advanced core technology systems specific to the industry of prefabrication construction in the world with the Group’s possession of a plenitude of core technologies ranging from BIM in the context of intelligent construction, the Internet of Things, Big Data to artificial intelligence. The number of the Company’s patents has been continuously ranking first in the prefabricated construction industry.
DIT Group is committed to becoming a leading service provider of integrated solutions in smart building. In 2020, it announced a new strategy of “Smart Home” to create an innovative value chain-wide collaboration model. It is committed to making technological innovation in the entire value chain such as smart homes to help promote the development of the prefabricated construction industry.
For further information, please contact:
iPR Ogilvy Limited
Tina Law / Shana Li
Tel: (852) 2136 6181 / 3920 7649
Email: dit@iprogilvy.com
DIT Group announces 2020 annual results.
source
http://dit.aconnect.com.hk/document/press/pressEN_20210330.pdf
30 March 2021, Hong Kong
Profit attributable to owners of the Company increased substantially by 43.4%. Collaboration with Central China Group Strive to be a leading integrated service provider in smart building.
Financial Highlights:
HKD ’000 For the year ended 31 December 2020 2019 Changes
Revenue 1,089,284 695,901 +56.5%
Gross profit 345,204 177,775 +94.2%
Gross profit margin 31.7% 25.5% +6.2ppt
Net profit 169,966 113,617 +49.6%
Profit attributable to owners of the
Company 158,833 110,749 +43.4%
Basic and diluted earnings per share (HK cents) 5.67 3.95 +43.5%
DIT Group Limited (SEHK stock code: 726), an innovative high-tech company specializing in businesses in the whole value chain of precast concrete industry in China, is pleased to announce its annual results for the year ended 31 March 2020 (the “Year”). 2020 is the first fiscal year since DIT Group joined the big family of Central China Group, the Group achieved a leapfrog development and entered a period of explosive profit growth. As a leading integrated service provider in smart building, the Group has been adhering to the “technology-led” development strategy, thereby pushing forward its business and greatly improving its operational efficiency. During the Year, the revenue of DIT recorded a year-on-year increase of 56.5% to HKD1,089.2 million, due to the increase in the number of technology parks commenced operation of manufacturing and sale of prefabricated components and the continuous increase in the production capacity of technology parks during the Year; and a significant increase in the revenue from technology licensing and consulting services. Gross profit increased substantially by 94.2% to HKD345.2 million, with a gross profit margin of 31.7%, represented a year-on-year increase of 6.2 percentage points. Profit attributable to owners of the Company increased by 43.4% to HKD158.8 million as compared to last year. Basic and diluted earnings per share were 5.67 HK cents. The Board of Directors did not recommend any payment of final dividend.
The Group is principally engaged in the production and sale of prefabricated construction units and equipment, and granting licensing in the PRC. During the Year, sales revenue from sales of prefabricated
construction units increased by 57.8% year-on-year to HKD915.3 million, accounting for approximately 84.0% of the Group’s total revenue. Revenue from granting licenses was approximately HKD67.7 million; revenue from decoration and landscaping services was approximately HK$37.4 million, revenue from the sales of prefabricated construction equipments was approximately HK$28.0 million.
Business Review
Skyrocketing of annual sales by 72% and signing of several strategic agreements.
The Group’s business expanded rapidly during the Year, benefiting from the strengthening market demand driven by accelerated implementation of policies supporting the prefabricated construction industry and the completion and commissioning of six green building technology parks. The annual production volume reached 307,000 cubic metres, an increase of 66% from 185,000 cubic metres in 2019; and shipment volume amounted to 314,000 cubic metres, an increase of 72% from 183,000 cubic metres in 2019. In 2020, the Group signed strategic cooperation agreements with many reputable companies including JD Group, Jinke Property Group, Sunriver Holding Group and Jujiang Construction Group to create synergy, further expanded business segments, and consolidated business advantages of the entire industry chain and laid a steady foundation of purchase orders pipeline for business in 2021.
Accelerated the establishment of industrial parks and great improvement in the production capacity and operational efficiency of plants.
In 2020, the Group built and put six green building technology parks into production, and put 15 nationwide industrial parks into operation, making the Group a leading player in the industry in terms of industrial layout. As of the end of 2020, the Group’s overall production capacity was approximately 1.1 million cubic metres. The utilisation rate of production capacity increased from 29% in 2019 to 46% in 2020.
During the Year, the Group’s exploration of asset-light business model achieved initial results. Revenue from technology licensing and consulting services increased by 151.5% year-on-year to HK$94.92 million. The Group has achieved initial results in cost reduction through upgrading production methods. In 2020, the actual cost of prefabricated construction was RMB2,115 per cubic metre, a year-on-year decrease of 8.7%. Besides, the Group launched an intelligent mould placement robot in several smart prefabricated construction plants. This robot can reduce mould placement manpower by 75% and increase mould placement efficiency by 2.5 times.
Expansion of business across the entire industry chain and initial results of synergistic efforts with Central China Group.
The Group adopts a new business model covering the entire industry chain. During the Year, the Group created a business layout covering prefabricated construction components, decoration, landscape, and equipment, and the newly added smart landscaping services and smart decoration businesses will soon become the Group’s profit growth drivers.
Relying on the positive branding of Central China Group deeply rooted in Henan Province, DIT Group is supported by Central China Real Estate and Central China Management Company who rank among the top ten in China in terms of construction area and house delivery and sees a large number of potential home decoration opportunities brought by Central China New Life whose property management area exceeds 100 million square metres. With the support of Central China Group, DIT Group has spared no effort to expand its production capacity in Henan Province. In 2020, it has successfully established five green building technology parks in Henan Province.
Prospects and Development Strategy
Creating a new business model covering the entire industry chain. In 2020, the Group announced a new “Smart Home” strategy to create an innovative whole industrial chain collaboration model. Professional abilities across the entire industry chain are the core advantages of the Group. The Group has the world’s leading six core technology systems, strong research and development and innovation capabilities, and extensive experience in external technical cooperation, covering the fields of smart buildings including BIM, Internet of Things, big data and artificial intelligence. With technological advantages of the whole industry chain, the Group has gradually expanded its business to landscaping services and decoration businesses. In the future, the Group plans to develop a business model covering the entire industry chain into a “turnkey” business model. The business will cover the entire life cycle of prefabricated construction.
Collaborating with Central China Group to create synergy focusing on Greater Central China region.
The Group will coordinate with various business sectors of Central China Group according to the Central China Group’s Greater Central China strategy, aims to become the promoter of the urbanisation and overall social progress in Central China region where centering on Zhengzhou with a radius of 500 kilometres. The Group expects to leverage the advantages of Central China Group’s wider industrial chain, creating a better operational benefit.
In terms of Central China Real Estate, the Group will implement the “industry + real estate” model, promote the development of commercial and residential land, and reduce plant investment costs by acquiring related commercial and residential land. As for Central China Management Company, the Group will explore the “industry + real estate” cooperation model outside Henan Province and reach a cooperation agreement with Central China Management Company to promote business in asset-light projects. Based on the “Smart Home” strategy, the Group also cooperates with Central China New Life to develop businesses such as home decoration and construction of data middle platform to provide in-depth services for products such as smart communities, smart buildings, and smart homes. The Group will work with the education sector of Central China Group to deliver training to workers through cooperation, expecting to train up 100,000 workers in the coming three years.
Mr. Liu Weixing, Chairman and Executive Director of DIT Group said, “In 2020, the Group fully leveraged the advantages the whole industry chain business model and the synergy with various business segments of Central China Group. The Group adopted a customer-centric approach and continuously improved the quality, to actively expand the market and drive the rapid growth in sales revenue and profitability, resulting remarkable annual results of the Group. China’s prefabricated construction industry will maintain a rapid growth in the future. Its core competitiveness will transform towards technology and business scale. The Group will insist on its positioning as a provider of integrated smart building solutions and mission of ‘Make Life Better with Smart Technology’. With ‘Smart Home’strategy as a core focus, the Group will set up a digital and smart business platform, explore asset-light development models and provide the industry and society with smarter building solutions, so that more people can enjoy the better life brought by the progress of construction technology.”
About DIT Group Limited
Headquartered in Changsha and Zhengzhou China, DIT Group Limited is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The company is listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 726.HK), and is also the first listed company in China’s PC industry. The Group promotes the modernization of construction industry, and its businesses cover the entire value chain of the PC industry, including R&D, PC components manufacturing, franchise and consultation of PC plants, and manufacturing of intelligent PC equipment. The Group has already set up several smart PC equipment plants nationwide. It runs fifteen self-operated PC plants and several plants owned and operated by franchisees. By adopting the world’s first business model of combining engineering, manufacture, procurement and construction (EMPC), which is created by Drawin Group, DIT Group has been widely recognized by its clients for its technology and products. DIT Group has green construction industrial parks in over 45 cities in 22 provinces nationwide, providing service for projects under construction with a total site area of 6 million square meters in China.
For further information, please contact:
DIT Group Limited
Ms. Vanessa Sun
Senior Investor Relations Manager
Email: vanessa.sun@cmdrawin.com
iPR Ogilvy Limited
Tina Law / Shana Li
Tel: (852) 2136 6181 / 3920 7649
Email: dit@iprogilvy.com
DIT Group announced positive profit alert and expected over 40% growth in profit after tax.
source
http://dit.aconnect.com.hk/document/press/pressEN_20210218.pdf
18 February 2021
DIT Group Limited (“DIT” or the “Group”, SEHK stock code: 726), an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction in the People’s Republic of China (“PRC”), is pleased to inform the shareholders (the ‘‘Shareholders’’) and potential investors of the Group that, based on a preliminary assessment and review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2020, the Group expected over 40% growth in profit after tax to approximately HK$160.0 million during the year. This was primarily attributed to an increase of revenue of over 58% to approximately HK$1,105.7 million for the year ended 31 December 2020 as compared to the revenue for the year ended 31 December 2019; along with an increase of gross profit margin of prefabricated construction components and units from approximately 24.0% in 2019 to approximately 29.5% in 2020; and an increase of approximately 157.4% to approximately HK$93.7 million in the revenue generated from technology licensing and consultancy business.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “The Group quickly prepared itself as ‘wartime status’ to fight against the sudden Pandemic in 2020, thus showing a good momentum of development. The Group has been forging ahead with its business development and growing rapidly since it joined the family of the CCRE Group. It has been producing encouraging results.”
Guo continued,“The Group’s operating results grew rapidly in 2020, in which the full-year production volume of prefabricated construction components increased by 66% and sales volume rose by 72%, respectively, year-on-year. Also, the Group is now focusing on the development of asset-light strategy, which includes providing landscaping and interior decoration services. Meanwhile, the Group successfully established five green construction industrial parks, as well as completed and put six green construction industrial parks into production in 2020. Furthermore, the Group signed strategic cooperation agreements with a number of renowned enterprises in 2020, including JD.com Group, Jinke Property Group, Sunriver Holdings Group and Jujiang Construction Group, etc. The collaborations with the well-established companies have resulted in synergies which allow the Group to further expand its business and build up its business presence nationwide. This has also enhanced the Group’s capabilities of running businesses across the whole value chain of prefabricated construction and provided a stable source of orders for this year.”
“DIT Group is committed to becoming a leading solution provider for smart buildings. In 2020, the Group announced its new ‘Intelligent Construction of Home’ strategy, which aims at creating an innovative model of running businesses in the whole value chain of prefabricated industry with synergy. The Group devotes itself to technological innovation along the whole value chain in such businesses as construction of smart residential buildings and promoting the development of the prefabricated construction industry. Also, the Group has always adhered to the development strategy of ‘leading in technology’, we have the world-leading six core technology systems in the industry, and mastered core technologies such as BIM, Internet of Things, big data, and artificial intelligence in the field of smart buildings. Meanwhile, the Group also has more than 1,700 patents of various types, and the number of patents has been ranked first in the domestic industry for five consecutive years.”
“Looking ahead, the Company will uphold the mission of ‘creating a promising life with intelligence’. Supported by total gross floor areas sold and properties delivered by Central China Real Estate and Central China Management, which ranked top 10 in the PRC, along with over 100 million square meters of decoration opportunities from Central China New Life, the Group will be initiating newly developed digitalized business platforms, achieving new growth in the future.”, Guo concluded.
The Group is still in the process of preparing and finalizing the consolidated annual results of the Group for the year ended 31 December 2020. and such results are subject to audit by the Company’s auditor and review by audit committee of the Company. The annual results announcement of the Company for the year ended 31 December 2020 is expected to be published by the end of March 2021.
About DIT Group Limited
Headquartered in Changsha and Zhengzhou China, DIT Group Limited is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The company is listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 726.HK), and is also the first listed company in China’s PC industry. The Group promotes the modernization of construction industry, and its businesses cover the entire value chain of the PC industry, including R&D, PC components manufacturing, franchise and consultation of PC plants, and manufacturing of intelligent PC equipment. The Group has already set up several smart PC equipment plants nationwide. It runs fifteen self-operated PC plants and several plants owned and operated by franchisees. By adopting the world’s first business model of combining engineering, manufacture, procurement and construction (EMPC), which is created by Drawin Group, DIT Group has been widely recognized by its clients for its technology and products. DIT Group has green construction industrial parks in over 45 cities in 22 provinces nationwide, providing service for projects under construction with a total site area of 6 million square meters in China.
For further information, please contact:
DIT Group Limited
Ms. Vanessa Sun
Senior Investor Relations Manager
Email: vanessa.sun@cmdrawin.com
iPR Ogilvy Limited
Tina Law / Shana Li
Tel: (852) 2136 6181 / 3920 7649
Email: dit@iprogilvy.com
DIT Group receives "Best Industrial Manufacturing Company" award Strive to become a leading solution provider for smart buildings.
source
http://dit.aconnect.com.hk/document/press/pressEN_20210108.pdf
7 January 2021
DIT Group Limited (“DIT” or the “Group”, SEHK stock code: 726), an innovative high-tech company specializing businesses in the whole value chain of prefabricated construction in the People’s Republic of China (“PRC”), is pleased to announce that the Group has received the "Best Industrial Manufacturing Company" award in the fifth "Golden Hong Kong Stocks Awards", highlighting the recognition from the market of the Group’s achievements.
The fifth "Golden Hong Kong Stocks Awards" is jointly organized by the renowned mainland stock information websites zhitongcaijing.com and 10jqka.com. The "Best Industrial Manufacturing Company" aims to commend a Hong Kong-listed industrial manufacturing company that has a healthy corporate governance, a prominent industry position and a sound core business, and can provide investors with continuous and stable returns. DIT Group won the "Best Industrial Manufacturing Company" award, reflecting the acknowledgement from industry stakeholders and investors in the sector. The professional judging panel of the awards evaluates the competing companies according to their business development, industry status, corporate governance, business model, market influence and capital market performance during the past year. Final winners of the awards are chosen with corresponding weighting of votes from the public.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “DIT Group is honored to be awarded the ‘Best Industrial Manufacturing Company’ award, it is a recognition of the Group by the professional sector, which is indeed a great encouragement. The Group has always adhered to the development strategy of ‘leading in technology’, we have the world-leading six core technology systems in the industry, and mastered core technologies such as BIM, Internet of Things, big data, and artificial intelligence in the field of smart buildings. Meanwhile, the Group also has more than 1,700 patents of various types, and the number of patents has been ranked first in the domestic industry for five consecutive years. Looking ahead, our business will cover design, prefabricated construction smart manufacturing, landscaping services and decoration, serving the entire life cycle of prefabricated construction, and strive to become a leading solution provider for smart buildings.”
About DIT Group Limited
Headquartered in Changsha and Zhengzhou China, DIT Group Limited is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The company is listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 726.HK), and is also the first listed company in China’s PC industry. The Group promotes the modernization of construction industry, and its businesses cover the entire value chain of the PC industry, including R&D, PC components manufacturing, franchise and consultation of PC plants, and manufacturing of intelligent PC equipment. The Group has already set up several smart PC equipment plants nationwide. It runs fifteen self-operated PC plants and several plants owned and operated by franchisees. By adopting the world’s first business model of combining engineering, manufacture, procurement and construction (EMPC), which is created by Drawin Group, DIT Group has been widely recognized by its clients for its technology and products. DIT Group has green construction industrial parks in over 45 cities in 22 provinces nationwide, providing service for projects under construction with a total site area of 6 million square meters in China.
For further information, please contact:
DIT Group Limited
Ms. Vanessa Sun
Senior Investor Relations Manager
Email: vanessa.sun@cmdrawin.com
iPR Ogilvy Limited
Tina Law / Shana Li
Tel: (852) 2136 6181 / 3920 7649
Email: dit@iprogilvy.com
DIT Group grew rapidly in 2020 with over 70% increase in sales volume Speeding up business expansion nationwide by signing several strategic cooperation agreements and collaborating with CCRE Group.
source
http://dit.aconnect.com.hk/document/press/pressEN_20210106.pdf
6 January 2021
DIT Group Limited (“DIT” or the “Company” which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 726), an innovative high-tech company specializing in businesses in the whole value chain of prefabricated construction in the People’s Republic of China (“PRC”), grew rapidly in 2020 in terms of operating results:
Its full-year production volume increased by 66% and sales volume rose by 72%. The rapid growth in the Group’s business scale was mainly attributable to strong market demand driven by Chinese government’s policies on fostering the country’s prefabricated construction industry. The growth was also due to the Group's successful establishment of five green construction industrial parks during the year, including those in Dengfeng City, Zhumadian City, Luoyang City and Tongxu County in Henan Province, and Ding'an County in Hainan Province, and the completion and the launch of six green construction industrial parks in Zhoukou City and Tongxu County in Henan Province, Jiaozhou City in Shandong Province, Huai'an City and Nantong City in Jiangsu Province and Yuxi City in Yunnan Province. The Group signed strategic cooperation agreements with a number of renowned enterprises in 2020, including JD.com Group, Jinke Property Group, Sunriver Holdings Group and Jujiang Construction Group, etc. The collaborations with the well-established companies have resulted in synergies which allow DIT Group to further expand its business and build up its business presence nationwide. This has also enhanced the Group’s capabilities of running businesses across the whole value chain of prefabricated construction and provided a stable source of orders for this year.
In July 2020, Mr. Wu Po Sum, the controlling shareholder of the Group, increased his shareholding in the Company for a consideration of approximately HK$303 million; in December 2020, Mr. Liu Weixing, the chairman of the board of directors and executive director of the Group, and Mr. Guo Weiqiang, the chief executive officer and executive director of the Group, increased their shareholdings in the Company for a total consideration of over HK$1.6 million. These moves reflected the confidence of the major shareholder and senior management in the prospects of the Group’s future development and its enterprise value. In addition, the Group adopted a stock option scheme in July 2020, under which a total of approximately 202 million stock options were granted to senior executives. This arrangement will bind together the interests of the employees and those of the Company and its shareholders tightly as it motivates the grantees to be more proactive at work, and can effectively retain and motivate the key talents, thereby promoting the long-term, steady development of DIT Group.
DIT Group grew rapidly in 2020 with 63% increase in production volume
6 January 2021.
DIT Group is committed to becoming a leading solution provider for smart buildings. In 2020, the Group announced its new "Intelligent Construction of Home" strategy, which aims at creating an innovative model of running businesses in the whole value chain of prefabricated industry with synergy. The Group devotes itself to technological innovation along the whole value chain in such businesses as construction of smart residential buildings and promoting the development of the prefabricated construction industry. Meanwhile, the Group plans to set up a new business model for the whole value chain of the industry by developing a "turnkey" business model that encompasses design, intelligent prefabricated construction, landscaping service and interior decoration in the entire life cycle of a prefabricated construction project.
DIT Group’s chief executive officer and executive director Guo Weiqiang said, “DIT Group has been forging ahead with its business development and growing rapidly since it joined the family of the CCRE Group. It has been producing encouraging results. The Group will draw on the technological advantage afforded by the operation of businesses that span the whole value chain of prefabricated construction and will continue to collaborate with the CCRE Group to build its footholds across China more quickly. It will also actively develop new projects to explore the blue ocean in the market for prefabricated construction. Now that the state has adopted a policy on fostering the prefabricated construction industry, the Group is confident about its prospect and plans to expand its share of China’s market rapidly in three to five years. It will also commit itself to enabling consumers to enjoy a safer, comfortable life at smart residential buildings and contributing to China’s new type of urbanization and the modernization of the country’s construction industry."
About DIT Group Limited
Headquartered in Changsha and Zhengzhou China, DIT Group Limited is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The company is listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 726.HK), and is also the first listed company in China’s PC industry. The Group promotes the modernization of construction industry, and its businesses cover the entire value chain of the PC industry, including R&D, PC components manufacturing, franchise and consultation of PC plants, and manufacturing of intelligent PC equipment. The Group has already set up several smart PC equipment plants nationwide. It runs fifteen self-operated PC plants and several plants owned and operated by franchisees. By adopting the world’s first business model of combining engineering, manufacture, procurement and construction (EMPC), which is created by Drawin Group, DIT Group has been widely recognized by its clients for its technology and products. DIT Group has green construction industrial parks in
over 45 cities in 22 provinces nationwide, providing service for projects under construction with a total site area of 6 million square meters in China.
For further information, please contact:
DIT Group Limited
Ms. Vanessa Sun
Senior Investor Relations Manager
Email: vanessa.sun@cmdrawin.com
iPR Ogilvy Limited
Tina Law / Shana Li
Tel: (852) 2136 6181 / 3920 7649
Email: dit@iprogilvy.com
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