It is understood that the fund raised by Mingke Jingji this time is 507 million yuan, which is mainly used for Qingyuan Mingke automobile (new energy) parts industry base project, R & D center construction project and supplementary working capital.
At present, Mingke precision technology has become a first-class supplier of Xiaopeng automobile, and has successively obtained several fixed-point project contracts of Xiaopeng automobile to provide molds, instrument panels, door components, etc.
The prospectus points out that Mingke precision technology has established long-term and stable supply relations with several brand automobile manufacturers through the world’s well-known primary suppliers of auto parts, and has made layout in the field of new energy vehicles earlier, so it is expected to stabilize the company’s performance expectations; At the same time, its raised investment projects also have good economic benefits.
The automobile industry is the main downstream market of Mingke precision technology products, accounting for more than 70% of the revenue during the reporting period.
The application fields can be subdivided into automobile mold industry and automobile parts manufacturing industry.
It is worth noting that combing the data of the past five years, it can be found that 33 new enterprises (including 9 listed enterprises on the science and Innovation Board) have been added in Dongguan in the past five years, which has doubled.
According to the company’s prospectus, Mingke precision technology is mainly engaged in the R & D, production and sales of precision stamping molds and metal structural parts, and has excellent mold design and development ability, mold manufacturing technology and precision stamping technology.
Looking back at the 69th and 68th companies in the past, the interval between them was not long – some netizens called Dongguan “running” to enter the capital market.
At the same time, Dongguan issued a series of policies to boost the listing, which played a great role.
The 68th and 69th, less than a week apart; The 69th and 70th houses are only 20 days apart! Up to now, in the first half of 2022, Dongguan has added 4 A-share listed companies, and the number of newly added listed companies ranks first in prefecture level cities of Guangdong Province.
was successfully listed on the science and Innovation Board of Shanghai Stock Exchange, becoming the ninth science and innovation board and the 69th domestic and foreign listed enterprise in our city.
Among the companies to be listed in Dongguan in the first quarter, five A-share IPO companies were added.
In recent years, Dongguan has successively issued policies such as the measures of Dongguan to encourage enterprises to use the capital market and the three-year action plan of Dongguan to promote the listing and development of enterprises, so as to promote the capital market of Dongguan to enter a new stage.
Predictably, the “Dongguan plate” will also accelerate capacity expansion in the future.
According to the Municipal Finance Bureau, so far, Dongguan has 70 listed enterprises at home and abroad.
On April 15 this year, Guangdong anda Intelligent Equipment Co., Ltd.
From 2019 to 2021, its compound growth rates of revenue and net profit reached 9.85% and 28.50% respectively.
for its new energy models.
On April 22 this year, Guangdong Saiwei Electronics Co., Ltd.
With the vigorous development of new energy vehicles, Mingke precision technology has also made an early layout in the field of new energy vehicles.
According to several public reports, 75% of the parts of rough processed industrial products, 50% of the finished parts and most of the plastic products are formed by molds.
Among them, the number of domestic A-share listed companies rose to the first among prefecture level cities in the province, and the number of Listed Companies in Dongguan maintained a rapid growth trend.
(hereinafter referred to as “Mingke Jingji”) from Tangxia Town, Dongguan was officially listed and issued on the A-share main board.
In March this year, Dongguan mousse and Jiebang technology also successfully IPO on the same day.
According to reports, Mingke precision technology has set up production bases in 10 cities, including Dongguan, Guangzhou, Qingyuan, Chongqing, Wuhan, Xiangyang, Dalian, Shanghai, Suzhou and Jiaxing, covering the production bases of five major automobile industry cluster companies in the six major automobile industry clusters in China, and has set up a production base in Thailand to explore foreign markets.
In recent years, the “Dongguan plate” team in the capital market has continuously improved the quantity and quality.
In terms of stock, at present, Dongguan has identified a total of 357 listed backup enterprises in 15 batches, and there are 39 listed backup enterprises in Songshanhu high tech Zone alone, with obvious advantages of enterprise listing backup echelon..
Since 2016, it has actively explored and reserved technologies that meet the needs of new energy vehicles, such as lightweight molding technology and high-strength material molding technology; By the end of 2020, business cooperation has been established with new energy vehicle enterprises or industry supporting enterprises such as Xiaopeng automobile and Funeng technology.
Therefore, molds are known as the “mother of industry”, and the newly listed Mingke precision technology is one of the founders of the “mother of industry”.
[related news] Dongguan “running” entered the capital market.
With the successful landing of Mingke fine technology in the capital market, Dongguan ushered in the 70th listed company.
Mold is an indispensable basic process equipment in manufacturing industry.
from Dongguan landed on the science and Innovation Board of Shanghai Stock Exchange and became the 68th listed company in Dongguan.
On May 12, Mingke Jingji Holding Co., Ltd.
Lin Haichuan, President of Dongguan Listed Companies Association, believes that the rapid expansion of Dongguan listed companies first benefits from the state’s reform of the capital market, including the implementation of the registration system and the opening of the science and innovation board, which brings more opportunities for enterprises to be listed.
As the manufacturing level of domestic auto parts industry is gradually recognized by global manufacturers, orders from around the world will also rise sharply in the future.
According to the data, in 2021, there were 13 new listed and fair passing enterprises in Dongguan, including 7 A-share listed companies and 33 in five years.
Over the past years, with excellent design and development ability, stable product quality and perfect service system, Mingke precision technology has achieved stable and rapid growth in performance.
After nearly 20 years of entrepreneurship, it started from a small enterprise in Tangxia, Dongguan, led by its strength in the big wave of the industry, developed and expanded into a domestic advanced manufacturer of automobile stamping dies and metal structural parts.
With the implementation of the raised investment project, it will further consolidate and expand the market share of the company’s main products and enhance the company’s comprehensive competitive advantage.