Dongyue silicon material (300821) purchase code 300821 purchase date 3.3
06:00, February 29, 2020
Author: Editorial Department of Red Journal
Release overview:
The company plans to issue no more than 300000000 RMB ordinary shares (A shares) to the public this time. After deducting the issuing expenses, the raised funds will be invested in the following projects in order of priority: 300000 t / a organic silicon monomer and 200000 t / a organic silicon downstream product deep processing project, organic silicon monomer device energy conservation and environmental protection technical transformation project, organic silicon R & D center project.
Basic introduction:
The company specializes in the R & D, production and sales of silicone materials, the main products include silicone rubber, silicone oil, fumed silica and other downstream deep processing products as well as silicone intermediates. The company is one of the largest enterprises in the silicone industry in China. The company has built and operated two sets of silicone monomer production units, with an annual production capacity of 300000 tons of silicone monomer (about 141000 tons of polysiloxane). According to polysiloxane production capacity, the company ranks in the top 10 in the world and the fourth in China. At the same time, the company is also an important supplier of downstream deep-processing products of organosilicon in China. Now it has more than 120 specifications of various downstream products such as silicone rubber, silicone oil, fumed silica, etc.
Core competitiveness:
The production capacity of organosilicon monomer synthesis unit of the company is at the leading level in China. The reaction mechanism of organosilicon monomer synthesis is complex and there are many side reactions. The reaction process is affected by many factors, such as fluidized bed structure, raw material purity, catalytic system, reaction temperature and so on. Through long-term technical research and development and production practice, the company has mastered the design and operation technology of 150000t / a monomer synthesis device, which is one of the domestic devices with the highest single production capacity.
After years of production practice and technological innovation, the company has mastered a number of core technologies and key production processes in the field of silicone production, and continues to research, develop and apply new technologies and processes, and constantly improve the stable operation capacity and production efficiency of the device, and constantly reduce the level of energy and material consumption, and improve product quality.
Matching of raised investment projects:
Through the implementation of "300000 t / a silicone monomer and 200000 t / a silicone downstream product deep processing project", the company will significantly improve the production capacity of silicone products, enrich the variety of silicone products, improve product quality, enhance the scale advantage and product market competitiveness, help to consolidate and expand the market share and market position of the company in the silicone industry, in line with the company's Development strategy. The company will significantly reduce the energy and material consumption level of the company's products, greatly improve the production efficiency and operation stability of the device, and improve the product quality through the implementation of the "energy conservation and environmental protection technical transformation project of silicone monomer device". Through the implementation of "silicone R & D center project", the company will further improve the R & D environment, create a R & D platform, enrich R & D personnel, and enrich R & D projects, while constantly strengthening the company's innovation ability, to ensure that the company can better meet the needs of customers for new processes and new products.
Risk factors:
Market risk, industry and environmental protection policy change risk, technology risk, production and operation risk, financial risk, project risk of raised capital investment, corporate governance risk, risk of diluted immediate return of initial public offering of the company.
(data as of February 28)
[Title: caoyanchun]
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