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PayMEmf

02/13/21 8:37 PM

#210649 RE: PayMEmf #210648

"Die Casting Weekly" Zaobao 1/8 2021 Lijin die-casting machine was awarded "Manufacturing Single Champion Product"

Die Casting Weekly
01-07 22:21
Lijin die-casting machine was awarded "manufacturing single champion product"
Recently, the Ministry of Industry and Information Technology and the China Federation of Industrial Economics jointly issued the "Fifth Batch of Manufacturing Individual Champion Enterprises (Products) List". The die-casting machine developed and produced by Shenzhen Lingwei Technology Co., Ltd., a subsidiary of Lijin Group, was listed among them, and was awarded the "Manufacturing Single Champion Product".

According to reports and data from industry associations and consulting institutions, as of September 5, 2019, Lijin LK die-casting machine has the largest domestic market share of 56.77%, and Shenzhen Lingwei Technology Co., Ltd. accounts for 45% of Lijin Group’s die-casting machine sales. It is 25.55% of the total market share, ranking first in the same industry.
According to data from China Customs.com, from January 2019 to April 2020, China's die-casting machine export data totaled 192 sets, with a total value of 33.61 million U.S. dollars. Shenzhen Lingwei Technology Co., Ltd. exported 65 sets of die-casting machines and exported value. About 11.8 million U.S. dollars; respectively accounting for 34% and 35% of the total exports, ranking first in the export volume of the industry.

Shenzhen Lingwei Technology Co., Ltd., as the headquarters of Lijin Group in the Mainland, in the group's business performance, its research and development and production of die-casting machine sales market accounted for 45% of the total sales of Lijin Group die-casting machines. In 2019, Shenzhen Lingwei Technology produced more than 900 die casting machines (including hot chamber die casting machines, small and medium cold chamber die casting machines, and large cold chamber die casting machines). The average annual sales of die casting machines for three consecutive years from 2017 to 2019 reached 984 units.
Shengquan Group IPO successful meeting
Yesterday (January 7), the initial IPO application (IPO) of Jinan Shengquan Group Co., Ltd. ("Shengquan Group") was reviewed and approved by the China Securities Regulatory Commission, marking the successful IPO of Shengquan Group, and it will soon be listed in A shares.

It is reported that Shengquan Group was listed on the "New Third Board" on July 28, 2014, and its business is involved in high-performance resins and new composite materials, general health, biomass, biomedicine, new energy, health protection and other industries. The industry's well-known casting simulation sharing software AnyCasting provider-Jinan Ainicast Software Co., Ltd. is its joint venture with South Korea AnyCasting Software Company.

It is understood that Shengquan Group plans to issue no more than 100 million ordinary shares this time, and the total share capital after the issuance does not exceed 793.7168 million shares. The proposed listing location is the main board of the Shanghai Stock Exchange. The IPO intends to raise funds of 1.208 billion yuan for the construction of phenolic high-end composite materials and resin supporting expansion projects, ceramic filters for casting, automatic transformation and expansion projects of riser production lines, and construction of science and technology centers.
BYD Electronics and BYD Sign Equipment Purchase Agreement
BYD Electronics issued an announcement on January 7 that the company entered into an asset purchase agreement with its controlling shareholder BYD. The assets purchased by the Group from BYD Group mainly include die-casting machines and peripheral ancillary equipment, vertical machining centers, drilling machining centers, and six-axis robots. The total original purchase costs paid by BYD Group for these assets are approximately RMB 133 million.
The company stated that with the continuous expansion of the Group's business and the continuous deepening of cooperation with existing customers, the scale of the group's assembly and metal business continues to expand. At the same time, the housing economy is rising rapidly and the market for smart home products further increases. The group agreed to purchase related production and supporting equipment from BYD to rapidly expand the production capacity of related businesses and promote the growth of related businesses.
Yian Technology develops large-scale die-casting integrated molding equipment
News from China Securities Network. On January 7th, Dongguan Yian Technology Co., Ltd. announced that the company and its holding subsidiary Chaohu Yian Yunhai have 4200T, 3500T, 2700T and 1600T and other large vacuum die-casting equipment of different models, which can meet different requirements. Production requirements for large-scale precision die-casting integrated products.

Relying on the company’s more than 20 years of accumulated experience in the precision die-casting industry and the precipitation of technology, the company’s overall integration through the current 4200T and 3500T and other large-scale die-casting equipment has been used in new energy vehicle motors, electronic controls, battery packs, dashboards, automobile doors, etc. Realize the application on the product. At present, the company has entered the supply chain of many well-known domestic and foreign customers such as Tesla, CATL, BYD and Geely. Among them, Tesla directly supplies liquid metal car door locks, and indirectly supplies automotive front beam devices, steering systems and other accessories.
In addition, Yian Technology will also combine market development and actual customer product needs, and cooperate with equipment manufacturers to jointly develop and manufacture die-casting integrated molding equipment with a tonnage of 6000T and above. In the future, it can better integrate new energy automotive parts and realize improvements in large-scale automotive die-casting products. Wide range of applications.
Xinhui Baiwen aluminum alloy project started

According to the news from the Investment Promotion Bureau of Baise Napo County, Guangxi, on January 6, the major project in January 2021 in Napo County-Xinhui Baiwen's annual production of 200,000 tons of aluminum rods and 100,000 tons of aluminum deep processing industry poverty alleviation project started. The project is invested and constructed by Guangdong Xinhui Industrial Co., Ltd., and is located in the Baise-Wenshan Cross-provincial Economic Cooperation Park (New Material Industrial Park). The planned area of ??the project is 500 mu. The first phase covers an area of ??90 mu, with an annual output of 80,000 tons of aluminum rods, and is scheduled to be put into production in 2021; the second phase covers an area of ??60 acres with an annual output of 120,000 tons of aluminum rods; the third phase is planned to use 350 acres of land and deep-process aluminum structural parts, etc. 100,000 tons of aluminum products.
Wolong Electric Drive won an order of 1.4 billion yuan from Xinke Transmission
On January 4, Wolong Electric Drive Group Co., Ltd. announced that the company will sign a letter with Zhejiang Xinke Transmission Technology Co., Ltd. in the near future. The company will provide Xinke Transmission with new energy vehicle motors. The estimated sales amount of the product corresponding to this fixed-point letter during its life cycle is 1.4 billion yuan.
Xinke Transmission is mainly engaged in the production and sales of new energy vehicle transmissions, automatic transmission housings, and new energy vehicle battery packs. Wolong Electric Drive is a manufacturer of motors and drive solutions.
Apple requires 95 million mobile phones to be produced in the first half of the year
According to foreign media reports, due to strong market demand, Apple has placed orders for iPhone production in the first half of the year to suppliers, requiring the production of 95 million to 96 million units, and production orders have increased by 30% over the same period in 2020. Mainly iPhone 12 series, but also iPhone 11 and iPhone SE. An Apple iPhone supplier said that the production plan for the next quarter and the following quarter has been determined and the prospects are quite bright.

DMN

02/13/21 9:59 PM

#210653 RE: PayMEmf #210648

Crazy stuff PayMe. This stock really could break out at any time.