YanMao Group palletizer China palletizer manufacturer

Focus on the development and manufacturing of automatic carton palletizers for 10 years


Trade News

Transfer of second-hand palletizer (salary late fee)

Article catalogue:

What kind of equipment does it take to open a juice factory?

Different types of drinks, the configuration of machinery is also different, if it is from the beginning of water treatment to packing and sale, do not need to use manual mechanical waterline about 700000 (good). If the water treatment and filling machine alone costs about 200000, now the traditional beverage machinery is the filling machine, and some manufacturers have begun to try to use aseptic cold filling machine. If you want to be cheap, you can also buy a second-hand one, about 50, 000.

In addition, the hygienic standard GB12695-90 of the national standard beverage factory of the people’s Republic of China should be complied with.

Where can I make a fully automatic palletizing robot?

Manufacturers of fully automatic palletizing robots include Shenzhen Lande Intelligent Robot Co., Ltd., Shandong Weihaosi Intelligent Storage equipment Co., Ltd., Shenzhen Hexi Intelligent equipment Co., Ltd., Shanghai Haojia Robot Co., Ltd., Shandong Haoyu Automation equipment Co., Ltd.

Shenzhen Lande Intelligent Robot Co., Ltd.

Shenzhen Lande Intelligent Robot Co., Ltd., located in Shenzhen Longhua District Hatching Park, is a comprehensive high-tech enterprise integrating scientific research, design, production, maintenance and sales. Its developed products include: CCTV pipeline inspection robot series, pipeline QV periscope series, environmental protection robot series, trenchless repair robot series, underwater robot series, QV rapid detector and other products.

Shenzhen Hexi Intelligent equipment Co., Ltd.

Production and sales of plug-in machines: vertical plug-in machine, horizontal plug-in machine, conjoined horizontal plug-in machine, discharge machine, main products: plug-in machine, wave soldering, reflow soldering. Business scope: plug-in machine; soldering machine; reflow soldering machine; other non-destructive testing instruments; other plate making and printing machinery.

3. Shanghai Yujia Robot Co., Ltd.

Robot manufacturing, processing (limited to branches), wholesale and retail, engaged in technology development, technology transfer, technology consultation and technical services in the field of robotics and intelligent science and technology, automation equipment, instrumentation, laboratory equipment wholesale, retail, mechanical equipment, mechanical and electrical equipment installation, maintenance, wholesale, retail, own equipment rental, e-commerce (not allowed to engage in financial business).

Shandong Haoyu Automation equipment Co., Ltd.

Shandong Haoyu Automation equipment Co., Ltd. is an excellent manufacturer of steam recovery machine, softening water equipment and flue gas waste heat recovery, providing a new and excellent industrial robot palletizer assembly line winding machine to prepare for the resumption of work of enterprises. Oil barrel palletizer assembly line, feed palletizer fully meet the production requirements and other products.

5. Shandong Weihaosi Intelligent Storage equipment Co., Ltd.

Shandong Weihaosi Intelligent Storage equipment Co., Ltd. is an excellent manufacturer of palletizers, unpalletizers and loaders, providing new and excellent non-standard custom truss loaders and bagged cement automatic loaders. Automatic handling and stacking manipulator, automatic powder truss palletizer, auto lathe unloading robot, mechanism center manipulator loading and unloading and other products.

I want to open a feed processing plant what kind of equipment do you need and how much money do you need? thank you.

Feed processing equipment is mainly the three major equipment is the mixer, grinder and granulator, pellet feed production process also need a lot of auxiliary mechanical equipment, such as screening, cooling, silo and so on, the following list of pellet feed production line solution copy

The start-up capital for setting up a feed processing plant depends on the production scale of the plant, ranging from hundreds of thousands to millions.

System solution of high-grade pellet feed production line

process drawing

Taking aquatic feed as an example, due to the physiology and eating habits of aquatic animals such as fish, shrimp and crab, aquatic feed must have good water resistance, low pulverization rate, fine raw material fineness, neat feed cut and so on. According to these requirements, after years of exploration and research, we have fully ensured the quality of products, lower energy consumption, less labor, and achieved the improvement of income.

Raw material receiving and cleaning system

Raw material

Raw materials are the source of feed production. Mainly include: corn, wheat bran, secondary meal, fish meal, all kinds of oil crop seed meal after oil extraction (such as soybean meal, rapeseed meal, etc.). All processed by-products of food can be used as feed.

Raw material reception

Bulk reception and bag reception, equipped with independent pulse precipitator


Bulk grains received from farms usually include grain by-products and impurities such as straw, stone, metal, paper, sawdust, small animal carcasses and powder. The cleaning operation uses equipment and systems such as magnets, screens, dust collectors and so on to remove these impurities to ensure the good quality of the stored grain and to protect the machine in subsequent processing steps.

SCY series cylinder primary cleaning screen

SCY series cylinder primary cleaning screen

Clean up the large impurities in the materials, except 99%; equipped with independent pulse precipitator

Permanent magnet cylinder

The magnetic metal inclusions in the raw materials are separated, and the magnetic induction intensity is 3000 gauss.

Permanent magnet cylinder

Crushing system


Crushing is the operation of reducing feed size and increasing its specific surface area, which can not only enhance animal digestion, improve feed utilization rate, but also improve the processing quality and work efficiency of subsequent process steps such as batching, mixing, granulation and so on.

SFSP series water drop grinder

SFSP series water drop grinder

Water drop crushing chamber + wear-resistant tooth plate design, the output is 20% higher than that of other models with the same power; the clearance between hammer and screen is adjustable, which is suitable for coarse grinding and micro-grinding; has a variety of specifications, power: 22-315KW; output: 2-35TPH.

Pulse dust collector

Pulse dust collector

Automatic injection, continuous work, through compressed air to clean the cloth bag, a variety of specifications to choose from.

Batching and mixing system


Batching and mixing process refers to the combination of bulk dry raw materials and liquid raw materials into a uniform mixture with added value.

Batching system

PLC programmable control system, the number of batching bunkers is determined according to the formula requirements.

TFPX series rotary distributor

TFPX series rotary distributor


Single shaft blade mixer

Internal and external double blade design, special arrangement structure, higher mixing uniformity, CV ≤ 5%; according to the demand can choose two models of carbon steel and stainless steel; output: 1-45TPH. The batch mixing quantity is 0.25-3T.

Single shaft blade mixer

Screw belt blade mixer

Original screw belt + blade new rotor structure, with both screw belt and blade comprehensive advantages; output: 5-20TPH. The batch mixing quantity is 1-2T.

Molasses addition

Refers to the scale, addition and mixing of dry and / or liquid trace elements and premixes to form a complete feed mixture, namely formula diets.

Granulation system

Quenching and tempering device

Steam and material are pre-tempered by single-shaft blade and DDC double-axis differential series modulator to provide optimal mixing effect and quenching and tempering time.

Puffing granulation

Puffing refers to the plasticizing process of wet, expandable starch or protein material in the tube through the combined action of moisture, pressure, heat and machinery. This leads to an increase in the temperature of the product in the tube, gelatinization of starch components, protein denaturation, stretching or recombination of tactile components, and exothermic expansion of extruded products. In the submerged feed process, the treated feed particles enter the granulation equipment and are compressed into particles through rollers and moulds in the granulation chamber.

YMEX series aquatic product expanding machine


The design of the granulator focuses on high output, low energy consumption, stability and durability and extremely low maintenance costs. It has a series of belt drive granulator and gear drive granulator. Yield: 0.5-30TPH.


In the process of feed granulation, the cooling of feed particles is essential. When leaving the granulator, the feed pellet is very hot, soft and rich in moisture, and the cooling process cools it to 3 ℃-5 ℃ slightly above room temperature and reduces its moisture content to the safety standard (≤ 12.5%) for transport and storage.

SKLN series countercurrent cooler

SKLN series countercurrent cooler

The countercurrent cooler has two kinds of discharge structures: slide type and flip plate type, which can be accurately matched with different feed types in different feed factories.


The opposite roller crusher, which is used to control the crushing size of feed particles, has two-roll and three-roll models. Yield: 1-30THP.


After cooling and drying, the whole grain or extrudate is screened to remove fine particles and spillage, so that the granule can reach a qualified size.

SFJH series rotary grading screen

SFJH series rotary grading screen

Finished product packaging system


The packaging operation begins when the finished feed enters the supply box above the wrapper and ends when the bagged feed is put into the warehouse. The procedure includes weighing each bag of feed, putting the weighing in the bag, closing the bag, labeling the bag, coding the bag, palletizing the bag, and moving the bag to the warehouse for storage.

DCS series quantitative packing scale

Automatic weighing, sewing and conveying, can be equipped with automatic palletizing equipment. Production capacity: 1-40TPH.

Automatic control

Hexie automatic control system can provide basic control system or full automatic control system for the whole production line. The system focuses on giving full play to the cost-effectiveness and stable quality of the feed production line, and providing traceability of raw material composition and processing parameters.


What kind of equipment is needed to produce bottled beer? How much will it cost?

Producing bottled beer costs a lot of money! Beer production consists of three parts: saccharification section, fermentation section and packaging section. Each of these three parts contains its own equipment system, and the saccharification section includes: raw material crushing system, malt saccharification equipment, wort filtration equipment, wort boiling clarification equipment; fermentation section includes: fermentation tank, yeast addition equipment, sake filtration equipment, sake tank Packaging section includes: bottle washing machine, filling machine, sterilizing machine, labeling machine, industrial production should also include unloading box (or palletizer), packing machine (palletizer) and so on.

How much silver does this cost? It’s really hard to calculate. By an estimate, a brewery with an annual output of 100,000 liters needs 40 million to 50 million yuan of equipment alone (in the case of national production). I’m afraid it’s still cheap. This does not include investment in factories and civil construction.

Future tenfold shares: small market capitalization unpopular leader, five “invisible champions” have been ignored by investors

This article is extracted from the Tianfeng Securities Research News looking for one of the “invisible champions” in A-shares: which targets in the market capitalization of tens of billions of dollars have been ignored? “

1. Why are you looking for an invisible champion?

The performance of Shanghai and Shenzhen 300 is dominant in recent years, and the market of value blue chip style has risen continuously many times in the past few years. Since 2020, value blue chip short-term investment opportunities are difficult to grasp, and the medium-and long-term endogenous power is relatively insufficient.

In the current context, compared with the “apparent champion” value blue chip companies that have continued to rise in the past few years, we believe that the investment valuation is relatively cheap, the fundamentals are stable and upward, the “invisible champion”, which is in a leading position in the subdivision track and has certain market pricing power, is an investment strategy with a higher risk-return ratio.

2. What is the “invisible champion”?

In what areas does it exist? — traditional or emerging? Invisible champions are born in different fields, but they always develop in a certain direction with the confluence of technological development and market demand.

2B or 2C? Invisible champions are mostly in 2B field and are suppliers of supporting products behind customers.

Is the scale of the market area large or small? Invisible champion business focus, the segment of the market is usually small, and its own scale is mostly small and medium-sized enterprises.

The industries of invisible champions are mostly concentrated in manufacturing and chemical industries, and the advantages of invisible champions in different countries have their own emphasis. China’s invisible champions are mainly distributed in the Yangtze River Delta and the Pearl River Delta.

There are three criteria for the selection of A-share “invisible champion”: ranking among the top three in the world market or in China, little known to the outside world, and an annual income of less than 20 billion yuan; four characteristics: business focus, resource advantages (R & D and innovation capabilities), steady growth in performance, and market share taking the lead.

3. Selection criteria of “Invisible Champion”

4. The list of the first batch of “invisible champions”

Guangzhou Restaurant: Guangzhou-style mooncake faucet leads in frozen food

Racing wheel tire: the world’s leading supplier of mining tyres

Bosch Co., Ltd.: the leading industrial robot in the back stage of petrochemical automation

Safety inspection: the leader of motor vehicle integrated inspection

Jincheng Pharmaceutical: leading supplier of glutathione, the intermediate of cephalosporin.

4. Enterprise details

1) Guangzhou Restaurant: Guangzhou-style mooncake leader takes the lead in frozen food

Guangzhou Restaurant Group Co., Ltd. was founded in 603043 and is now listed on the Shanghai Stock Exchange in June 2017 (Guangzhou Restaurant, 603043). The company has developed into a large-scale food manufacturing and catering service group with Lingnan characteristics. The production and sales volume of mooncakes ranked first in the country from 2012 to 2018. It is the leader of Guangzhou-style mooncakes. At the same time, it makes great efforts to develop frozen food to form a new profit growth point.

The business focuses on “Cantonese style flavor”, bases on Guangdong from two aspects of catering and food, and opens up domestic and foreign markets.

① “Food and Beverage Brand”, ploughing Guangzhou. The company started from the catering business, which mainly has self-operated Cantonese Chinese food “Guangzhou Restaurant” and “Tianji Beverage”. In addition, it fosters and develops many characteristic catering brands such as “West West”, “good visible”, “Star City” and so on. It has also developed antique banquets such as “Manchu Han Dinner”, “five dynasties Banquet” and “Nanyue King Banquet”. The company signed the Cooperation Framework Agreement on Tao Tao Ju in 2019, which aims to promote the resurrection and reconstruction of time-honored brands in Guangzhou. At present, the company’s catering sales model is mainly direct marketing, with 19 restaurants, most of which are located in Guangzhou.

② “food scale”, to the domestic and foreign. The company’s food manufacturing business is mainly based on a series of moon cakes and quick-frozen food, supplemented by wax flavor, cake cake, bread, West Point and other categories, and has well-known brands such as “Likoufu”, “Autumn Wind”, “making Cake” and so on. This section mainly adopts direct sales and distribution model, including own chain stores, e-commerce, Shang Chao, special channels and dealers, chain franchisees and so on. At present, the company and its subordinate companies own more than 200 bakeries (including franchise stores). Among them, “Likoufu” is the company’s main brand, with many chain stores and outlets in the city, and total distribution in many provinces, cities and autonomous regions in China. the products cover eight series, such as Mid-Autumn Festival moon cakes, quick-frozen dim sum, Cantonese-style waffle, lotus paste stuffing, western cake bread, assured box lunch, snack food, Dragon Boat Festival zongzi, etc., which sell well at home and exported to the European Union and the United States, Canada, Australia, New Zealand and other countries and regions.

Time-honored innovative brands have enjoyed a good reputation for years, and the ratio of production to sales is still in short supply. The company continues to increase the influence of the brand, continue to expand sales, so as to drive production, production and marketing than the year to maintain a high level. The brand “Guangzhou Restaurant” has a high degree of recognition among consumers in the catering industry, enjoys the reputation of “the first food in Guangzhou”, and is selected into the fourth batch of municipal intangible cultural heritage list in Guangzhou with “Cantonese cuisine cooking skills”. The company was appraised as “China famous Brand products” in 2006, ranked first in China in production and sales for seven consecutive years from 2012 to 2018, was awarded the honor of “the first mooncake in China” by the China Hotel Association, was certified as a high-tech enterprise in 2017, and was recognized as “Guangdong key Agricultural leading Enterprise” in 2019. So far, the company has trained six generations of Cantonese cuisine culinary skills inheritors and nearly 100 famous Cantonese cuisine craftsmen, many times on behalf of the country, provinces and cities to participate in cooking competitions and return with a reputation. Entrusted by the overseas Chinese Affairs Office of the State Council for many years, the chef team visited Latin America, Oceania, Northern Europe and other places as food ambassadors to carry forward Cantonese cuisine culture.

In order to meet consumer demand, the company continues to expand its production capacity. The company has set up food manufacturing and production bases in Panyu, Meizhou, Maoming, Xiangtan and other places. by the annual report of 2018, the company’s mooncake series has an output of 11600 tons, a sales volume of 11500 tons, a production-marketing ratio of 99.49%, and a quick-frozen food output of 20600 tons, a sales volume of 20200 tons, and a production-marketing ratio of 98.09%. According to the company’s announcement in March 2019, when the production capacity has been expanded by 7040 tons, there are still not less than 2000 tons / year moon cake production capacity and no less than 6000 tons / year filling capacity under construction.

The performance has increased steadily over the years, and the profitability has improved steadily. From 2011 to 2018, the company’s revenue increased from 1.166 billion yuan to 2.537 billion yuan, CAGR reached 11.75%, an increase of 2.18%; net profit increased from 148 million yuan to 384 million yuan, CAGR reached 14.56%, an increase of 2.59%; gross profit margin benefited from the reduction of costs due to large-scale production and proper control of raw material costs, resulting in a continuous increase in costs, 54.66% in 2018, an increase of 7.38pct over 2011 The net interest rate has increased steadily over the years, reaching 15.11% in 2018, an increase of 2.39pct over 2011. In 2019, when the company opened the online channel, the sales of Tmall’s flagship store rose 138% over the same period last year, the turnover of JD.com channel increased by 100% over the same period last year, and the sales volume of JD.com channel increased by 700% over the same period last year. JD.com ‘s self-operated noodle ranking, the company jumped to the third place in the country. On December 17, the company also reached a cooperation with JD.com supermarket to get its time-honored food brands on the e-commerce express and jointly promote a substantial increase in sales in 2020 compared with the same period last year.

2) racing wheel tyres: the world’s leading supplier of mining tires

Race Wheel Group Co., Ltd. was founded in Qingdao in 2002 and listed on the Shanghai Stock Exchange in 601058 (Racing Wheel Tire, 601058). It is the first private tire company listed in A shares in China. The company is mainly engaged in tire research, production, marketing and services, and is a leading supplier of mining tires.

Deeply ploughing the tire industry, committed to “being a good tire”. The company’s tire products are mainly divided into semi-steel radial tire, all-steel radial tire and non-road tire, which are widely used in cars, light trucks, large buses, trucks, special vehicles and other fields; recycling products mainly include refurbished tires, tread rubber, rubber powder, steel wire, etc., respectively used in tire replacement, old tire refurbishment, recycled rubber manufacturing, high-quality steel production and other fields Tire trading business mainly adopts market-oriented operation, purchasing tire products from other companies and selling them to the outside world.

Internationalization and going out is an important strategy that the company always adheres to. In terms of channels, more than half of the company’s products are exported overseas and sell well in more than 100 countries and regions, such as Europe, the United States, Asia and Africa. The expanding scale of overseas sales benefits from the perfection and perfection of the company’s global marketing system. At present, the company has formed a global marketing network focusing on sales companies and service centers in North America, Africa, Southeast Asia, Europe and other places. In terms of talents, the company continues to introduce overseas specialists into the R & D team and management team, and at the same time train and select talents from production workers to study overseas for further study, and train international talents from within the company.

The company builds advantage barriers in two ways:

① builds industry leadership from technology. Since its inception, the company attaches great importance to technological innovation and invests a large amount of R & D expenses to support independent innovation every year. The company is the scientific research and demonstration base of “National Rubber and Tire Engineering and Technology Research Center”. By the end of 2018, the company has about 253 patents and has participated in the formulation or revision of 88 national and industry standards. The company is the first advanced technology enterprise in China to develop RFID intelligent tire with “electronic ID card”, and it is also the first enterprise in the industry to use information technology to control the whole production process. In recent years, the company has been approved as “National Intelligent Manufacturing pilot demonstration Enterprise”, “National Industrial Internet pilot demonstration Enterprise”, “National Internet of things Integrated Innovation and Integration Application demonstration Enterprise”, “National Service Manufacturing demonstration Enterprise” and other national honorary qualifications.

The performance has increased steadily over the years, and the profitability has improved steadily. From 2010 to 2018, the company’s revenue rose from 4.05 billion yuan to 13.685 billion yuan, CAGR reached 16.44%, an increase of 3.38%; net profit rose from 113 million yuan to 668 million yuan, CAGR reached 24.84%, an increase of 5.90%; gross profit margin was 19.82% in 2018, an increase of 11.47pct over 2010; net profit ratio was 4.80% in 2018, an increase of 2.00pct over 2010. Overall, the company’s all-steel tire, semi-steel tire production and sales steadily, gross profit margin continues to rise, off-road tires from the output, sales, channels and other aspects to achieve a major breakthrough, profitability continues to improve. According to the 2019 performance of KuaiBao, the company continued to benefit from market development and low raw material prices, while the new production capacity of the Vietnamese factory was running well, with revenue of 15.1 billion yuan in 2019, an increase of 10.34% over the same period last year, and a net profit of 1.2 billion yuan, an increase of 79.60% over the same period last year.

3) Bosch shares: leading industrial robots in the back stage of petrochemical automation

Harbin Boshi Automation Co., Ltd. was founded in Harbin in 1997 and is now listed on the Shenzhen Stock Exchange in 2012 (Boshi shares, 002698). The company is mainly engaged in the research, production and marketing of large-scale intelligent complete sets of equipment and environmental protection process equipment, and provides equipment-related value-added services. It is the leader in the field of domestic petrochemical post-processing equipment and the world leader in the field of high temperature mine furnace robot technology.

Based on the traditional petrochemical automation field, firmly seize the opportunity of emerging robot products. The company’s traditional main business is the complete set of automatic equipment for particle palletizing in the petrochemical field, which can provide automatic solutions for the post-processing of solid materials in downstream petrochemical, coal chemical, salt chemical, chemical fertilizer, fine chemical and other chemical industries. Over the years, the business has continued to expand into food, food, beverages, building materials, ports, feed and other fields that have the demand for fully automatic weighing and packaging. the accumulation of technology in the field of automation after petrochemical has laid the foundation for the company’s business to extend to the same origin and different use of high-end industrial robot products, and now it has won the leading position in the industry and formed new growth points in many fields:

① in the field of metallurgy, the special robot products for high temperature operation in front of calcium carbide furnace independently developed by the company can replace manual operation to realize high temperature dangerous operation. At the same time, the company continues to promote the research and development of all kinds of ore reheating furnaces and alloy smelting machines, and some products have entered the commissioning stage.

In the high-end medical field, ② has successively invested in a number of medical companies by investing in high-end medical robots, including the research and development of minimally invasive abdominal surgery robot, image-guided radiotherapy precision positioning system, remote-assisted pedicle minimally invasive implantation robot and so on.

At the same time, in order to meet the other processing needs of downstream customers, the company

① acquired Austrian PP in the field of energy conservation and environmental protection to acquire waste acid treatment technology, and the related business has now achieved rapid growth.

② has launched an intelligent information system for intelligent freight transfer equipment in the field of intelligent logistics, which can realize the automation of logistics storage and storage. At present, the company’s main market is mainly in China, and its products are sold to all provinces except Hong Kong, Macao and Taiwan, and exported to more than a dozen countries in Europe, Asia, Africa and other regions. Downstream customers include PetroChina, Sinopec, Global Engineering, Sino-Thai Mining and Metallurgy, Junzheng Group, Yihai Kerry and other industry giants.

The company’s factory building and production line facilities are complete, laying the foundation for creating intelligent manufacturing “Seiko sharp weapons”.

In terms of production, the company has built a manufacturing and final assembly and commissioning workshop of more than 40,000 square meters, with more than 100 sets of production and processing equipment and experimental testing equipment. By the end of 2018, the annual output value of the company’s core products and supporting services of intelligent complete sets of equipment has reached 413 million yuan.

In terms of research and development, the company integrates the accumulation of industrial resources with the strong disciplinary advantages of Harbin University of Technology, independently developed a number of technologies and products to fill the domestic gap, with independent intellectual property rights, the main product performance indicators have reached the domestic leading and international advanced level. According to the data of patent convergence station, by 2019, the company has applied for a total of 225 patents approved by the State intellectual property Office, including 99 practical new types, 76 public inventions, 47 invention licenses and 3 designs. At the same time, the company has a considerable number of core technology to rely on confidentiality measures to exist in the form of proprietary technology, solid technical barriers.

The company has technical authority in the industry and has been responsible for and participated in the formulation of a number of industry and national standards, including the industry standard JB/T “General Technical conditions for palletizers”, the national standards “Safety requirements for palletizers” “General Technical conditions for palletizing Robots”. The company has won many awards and its leading position is recognized by the government and the market. The company is the industrialization base of the achievements of the high-tech research and development plan (863 plan) recognized by the state, and undertakes the technological R & D and industrialization tasks of many major projects at the national and provincial and ministerial levels. The company’s technology center was recognized as the “National Enterprise Technology Center” in 2018. The company is a member of China Robot TOP10 Summit, Chapec “General Industry Ten Series Integrators”, China Robot Summit “Top 100 Robot system Integrator”, “Top 100 Chinese artificial Intelligence Enterprises”, Top 2017 Chinese Intelligent Manufacturing companies, and on the list of “Forbes China Top 100 listed potential companies.” In addition, the company has received special funding support from the Ministry of Science and Technology and other government agencies, and has launched a number of system development and demonstration projects in the field of industrial robots and medical robots. In addition, the minimally invasive abdominal surgery robot developed by Sizhen Rui Medical (company), which is 16.54% owned by the company, has successfully completed the world’s first 5G remote surgery.

Benefiting from the stability of customers downstream of the petrochemical industry and the extension of the business area, the company’s performance and profitability stabilized after 2015 and entered the upstream fast track. From 2011 to 2019, the company’s revenue and return net profit CAGR were 11.86% and 9.45%, respectively. Based on the advantages of original business technology and customer resources, the company has developed strategic new industries such as product supporting services, robots, environmental protection and emission reduction, and opened up new markets in metallurgy, food, logistics and other fields. the results of business upgrading have gradually emerged after 2015, and the operating income and return net profit have increased significantly. From 2015 to 2019, the company’s revenue and return net profit are expected to reach 19.43% and 15.06% respectively. According to the performance of KuaiBao in 2019, the revenue is expected to reach 1.46 billion yuan, an increase of 59.43% over the same period last year, and the net profit of returning home is 310 million yuan, an increase of 70.18% over the same period last year.

4) vehicle safety testing: motor vehicle integrated testing leader

Shenzhen Anche Inspection Co., Ltd. was founded in Shenzhen in 2006 and is now listed on the gem of Shenzhen Stock Exchange in 2016 (safe car testing, 300572.SZ). The company is the main provider of overall solutions in the field of domestic motor vehicle testing, and is the leader in the field of integration of motor vehicle testing.

The integrated supplier in the field of motor vehicle testing, the product line is fully covered, and the industrial chain extends from upstream equipment to downstream operation. The company focuses on the field of motor vehicle testing and continuous innovation, the product line fully covers motor vehicle testing system, inspection industry network supervision system, motor vehicle exhaust remote sensing detection system, intelligent driver examination and training system. It can provide comprehensive solutions covering product and system design, installation integration, operation and maintenance and industry supervision for all kinds of institutional customers in the field of motor vehicles, such as vehicle manufacturing, maintenance, inspection, research, supervision, driving test training, etc. Among them, the motor vehicle detection system scheme is the company’s core pillar business, with an income of 489 million yuan in 2018, accounting for 92.7% of revenue and 12.83% of the market share. The new vehicle offline detection equipment in this business segment is a high-end product, which is expected to break through the monopoly of foreign giants and realize domestic substitution in the future. Other online regulatory systems, motor vehicle exhaust remote sensing detection systems and other businesses benefit from policy support and high industry barriers, but also have great potential.

The company actively promotes the extension of business to the lower reaches of the industrial chain, improves the business structure and completes the industrial closed loop. Since 2018, the company has entered the business field of downstream automobile inspection stations through a series of acquisitions. It has successively invested in Xingche Security Inspection (70%), China Inspection Group (75%), Shenzhen Anche Shenghui (20%), and quickly acquired testing stations and opened up the motor vehicle market. the company has basically formed the momentum of extending from upstream equipment to downstream operation. High-quality and established testing stations have obvious advantages in terms of passenger source and passenger flow, and the cost of testing stations is relatively fixed. The gross profit margin of the testing station business acquired by the company in 2018 reached 56.17%, which is higher than the gross profit margin of the original nuclear vehicle detection system 7.5pct. On January 8, 2020, the company plans to acquire 70% of Shandong Zhengzhi five companies at an one-time price of 344 million yuan, and further cut into the field of second-hand car trading services and motor vehicle insurance agency business, formally completing the closed loop of the industrial chain. The company’s sales channel is complete in terms of distribution, and by 2018 it has covered East China, Central China, Southwest, Northeast, North China, South China, Northwest and many other regions.

The company has established high barriers in R & D capability, production technology, industrial layout and so on. In terms of R & D and technology, the company is a national high-tech enterprise, which attaches importance to innovation, and the proportion of R & D expenses in total revenue is stable between 5% and 7%. In addition, the company has established a shareholding platform company to enable technical personnel to indirectly hold shares in the company, forming a long-term incentive mechanism for the common development of employees and the company, and has now formed a more mature RD process and efficient R & D team. The per capita output continues to increase, the engineers’ dividends are fully released, and the independently developed intelligent driving instructor robot training system technology, vehicle exhaust remote sensing detection system and other core technology level leads the country, as of December 31, 2018, the company has 61 patents and 54 computer software copyrights, and has a number of non-patent technologies. In terms of industrial layout, the company is one of the few enterprises in China that can simultaneously provide comprehensive solutions for motor vehicle testing systems, intelligent driver examination and training systems, remote sensing monitoring solutions for motor vehicle emissions and networked supervision system solutions for the motor vehicle industry. it is also the only listed company in China to lay out the whole industry chain of motor vehicle testing. The company has been awarded as “Top 30 of China Automobile Insurance”, “the most growing Enterprise of China Automobile Insurance”, and “excellent Enterprise of China Automobile Insurance Science and Technology Innovation”. With its own competitive barriers, the company keeps its income growth and size ahead of its peers.

Years of rapid growth in performance and steady improvement in profitability. From 2011 to 2018, the company’s revenue increased from 156 million yuan to 528 million yuan, CAGR reached 18.97%, an increase of 3.37 times; net profit from 22 million yuan to 189 million yuan, CAGR reached 28.34%, an increase of 5.73% Before 2018, the company’s revenue growth rate has been higher than that of motor vehicle testing systems in the same industry. It is also ahead of companies in the same industry in volume and growing at an annual growth rate of more than 25%, reaching nearly three times higher than that of the industry from 2017 to 2018. It means that the company follows the development of the industry and deepens its market share.

The company’s gross profit margin is higher than the industry average and remains stable at more than 45 per cent, reaching 49.04 per cent in 2018, an increase of 2.16pct over 2011; net profit margin exceeded 20 per cent after 2017 and rose steadily to 23.69 per cent in 2018, an increase of 9.68pct over 2011. The company’s gross profit margin is expected to lead to further product upgrading with the improvement of its own R & D capability, while the increase in net profit or on behalf of the company’s vehicle testing industry still has room for development. According to the company’s 2019 performance KuaiBao, total revenue reached 973 million yuan in 2019, an increase of 84.30% over the same period last year, mainly from the sales of motor vehicle testing systems and networked supervision systems in the testing industry. The net profit was 189 million yuan, an increase of 50.51% over the same period last year.

5) Jincheng Pharmaceutical: leading supplier of glutathione, intermediate of cephalosporin

Shandong Jincheng Pharmaceutical Group Co., Ltd. was founded in Zibo, Shandong Province in 2004. it was listed on the gem in June 2011 (Jincheng Pharmaceutical, 300233). It is mainly engaged in the research, production and marketing of pharmaceutical intermediates, biological raw materials, terminal preparations and other drugs. The company is the largest cephalosporin pharmaceutical intermediate manufacturer in China and the only two domestic manufacturer with glutathione API approval.

Started from pharmaceutical intermediates, through the acquisition of qualifications and cooperation to gradually extend the business downstream. The company’s intermediate products include cephalosporin injection preparations and cephalosporin side chain intermediates, which are widely used in downstream mainstream antibiotic preparations, including overseas pharmaceutical giants such as India Valente, Alabindu and Italy ACS DOBFAR, as well as domestic well-known cephalosporins manufacturers such as Qilu Ante, Guangxi Kelun and Jiaozuo Lizhu. Since 2014, the company has acquired terminal preparation manufacturers such as Shanghai Tianchen Pharmaceutical Co., Ltd. (now Shanghai Jincheng Pharmaceutical Co., Ltd.) and Zhongshan Dobo Pharmaceutical Co., Ltd. (Cash City Gold), in order to obtain approval qualification to enter the field of downstream cephalosporin preparations.

In 2016, we reached a cooperation with customer ACS DOBFAR SPA to build a closed-loop industry chain for the export of intermediates in the field of antibiotics-API import-preparation production and sales. In 2017, the company extended its business into the field of terminal preparations in gynecology and pediatrics through the acquisition of Longyi Pharmaceuticals (Cash Chentel); the company also achieved the scarcity qualification of characteristic raw materials to promote the construction of the characteristic biopharmaceutical industry chain of peptides.

The company’s characteristic API products are mainly glutathione API and AdenosylMethionine. Among them, glutathione is the main product, which was obtained by the company from the Technical license contract signed by Zhong Hua, a Japanese company, in 2009. In 2012, the company obtained the approval of the Drug Administration of China. At present, the company has grown into a leader in the field of glutathione raw materials, and is actively exploring the application of products in downstream health products, feed, biological fertilizer and other fields. At the same time, the company looks forward to the layout of innovative drugs in the way of cooperation, and reached a cooperation with Orient in 2018 to obtain the priority in the domestic industrialization of projects such as neck cancer virus therapeutic vaccine and Toca511TocaFC gene therapy for malignant tumors, and related products have broad application prospects. While opening up the domestic market, the company also continues to strengthen the expansion of new overseas customers, and its products are exported to Japan, Germany, Italy, South Korea, India and more than a dozen countries and regions.

Rare approval acquisition + technical resources blessing + continuous expansion of production capacity to build the company’s moat.

In terms of qualification, the company has mastered the production approval documents covering the mainstream cephalosporin preparation, gynaecology and immunization through the purchase of terminal preparation manufacturers, and nearly 20 subsidiaries of the company have passed the national GMP certification.

In terms of production, the company’s production capacity continues to increase. By 2018, the company’s annual output of pharmaceutical intermediates, bio-pharmaceuticals, characteristic raw materials and pharmaceutical chemical products has reached 4478.98, 219.65 and 8787.61 tons respectively.

In terms of technology, the company has national and Shandong provincial technology centers, and has set up R & D teams focusing on cephalosporin pharmaceutical intermediates, biopharmaceuticals and terminal preparations. and reached long-term cooperation with a number of university research institutes, including Tsinghua University. As of mid-2019, the company has a total of 125 authorized patents, including 112 invention patents, 12 utility models and 1 design.

The value of the company is recognized by the state and industry. The company is the national high-tech enterprise, the national torch plan enterprise, Shandong province science and technology research plan implementation unit, the company “the third generation cephalosporin intermediate active ester key technology and industrialization project” won the second prize of national scientific and technological progress in 2012. The company is on the list of “Top 100 Chinese Pharmaceutical Industry”, “Top 50 growth of China Pharmaceutical Industry”, “Top 100 Chinese Chemical drugs”, “most innovative listed companies” and so on. Jincheng Corey, a subsidiary of the company, was awarded as “the third batch of manufacturing individual champion enterprises” by the Ministry of Industry and Information Technology of China.

The company’s traditional business of pharmaceutical intermediates has increased steadily for a long time, and the downstream terminal preparation business has grown rapidly. From 2010 to 2018, the company’s revenue CAGR reached 18.78%, and the mother’s net profit CAGR reached 12.26%. The company strives to extend downstream after 2014, making the terminal preparation business rapidly grow into a new pillar of the company’s business, and then promote substantial growth in performance. The overall profitability of the company shows an upward trend, and the proportion of products benefiting from high gross margins continues to rise. The company’s gross profit margin was 50.07% in 2018, an increase of 21.25pct over 2010; the net profit margin remained at around 10% all the year round. According to KuaiBao’s performance in 2019, the company’s main business was in good condition during the year, the pharmaceutical and chemical sector market remained stable, and sales of products such as biological raw materials and cephalosporin injection preparations also achieved steady growth compared with the same period last year. Excluding the temporary impact of the impairment of Jincheng Tyre’s goodwill in 2018 and 2019, the company’s net profit is expected to be 421 million yuan in 2019, an increase of 9.12% over the same period last year.

Write at the end:

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