Regard coating colophony as bibcock, brilliance share (001333) (001333.SZ) wants enlarge to produce in the too impatient to wait after appearing on the market improve productivity.
On July 18, brilliance share issues announcement, classics of government of people of town of yellow bay of company and sea peaceful city is friendly talk things over, plan to sign " produce per year 150 thousand tons of coating to build a project to invest agreement with polyester colophony " , the investment of project of executive agreement agreement, construction and operation, afore-mentioned projects always invest not under 600 million yuan.
This the project plans to make an appointment with 47.61 mus with ground area, through new obtain land access to propose workshop and accessary establishment oneself, buy the equipment such as aircrew of sheeting of refrigeration of column of reaction boiler, distill, metal strip, body year after year produces 150 thousand tons of coating to use polyester colophony productivity.
Announcement says, this second investment project is to be based on prospective whole to develop the strategy plan, will enlarge dimensions of brilliance stock business, market of promotion company product is had rate, competition ability of farther tamp company, be helpful for a company can developing continuously, accord with the development strategy of the company and collectivity shareholder interest, have active sense to the long-term development of the company.
Public data shows, brilliance share held water 2014, its advocate business Wu uses polyester resinous research and development, production and sale for coating. Product of company polyester colophony serves as the crucial raw material of coating, apply extensively at the numerous domain such as building, furniture, home appliance, car, Gao Tie, 3C, the company was reaching place greatly in December 2022 advocate board appear on the market successfully.
According to Chinese chemical industry institutional coating besmear installs the statistic of professional committee, came 2018 gross of sale of market of colophony of our country polyester was 787 thousand tons respectively 2021, 881 thousand tons, 995 thousand tons, 1.15 million tons, compound increase rate is 13.48% . Came 2018 2021, coating sales volume is hot solid sex respectively 1.76 million tons, 1.92 million tons, 2.12 million tons, 2.35 million tons, year compound increase rate is amounted to 10.12% .
As escalate of coating market space, the market of brilliance share has promotion of rate year after year. 2019 - 2022, sales volume of colophony of polyester of company main product is seventy-one thousand one hundred tons respectively, ninety-six thousand six hundred tons, one hundred and five thousand five hundred tons mix 11.1 tons, rate of production and marketing of polyester colophony product is respectively 97.02% , 96.66% , 95.20% with 97.4% , rate of produce and sale all exceeds 95% , the product demands exceeds supply.
From the point of outstanding achievement expression, the battalion of brilliance share closes to reach 1.358 billion yuan of 2022 from 738 million yuan of growth 2019, broke up nearly double, profit of net of the corresponding period adds to from 92 million yuan 132 million yuan, gain ability whole promotes.
Notable is, 2019 - 2022, brilliance share is main the yield of the product can utilization rate is respectively 137.90% , 100.97% , 111.95% reach 115.8% . In recent years the product measures valence to rise together, the company is produced can already excess load, enlarge is produced already extremely urgent.
It is reported, brilliance share is issued when appear on the market new 32 million, issue the price to be 27.76 yuan / , collect capital basically is used 770 million yuan at expanding to produce can, among them 382 million yuan are used at producing per year 120 thousand tons of coating to build a project with polyester colophony, seventy million eight hundred and forty thousand nine hundred yuan are used at center of research and development to build a project, 320 million yuan are used at compensatory circulating fund.
And after investment project produces per year 120 thousand tons of coating to build project building go into operation with polyester colophony, brilliance share is produced can will increase to by 99 thousand tons 219 thousand tons.
Nevertheless,
According to
Money newspaper shows, 2022 of brilliance share PTA, PIA purchase all price rose 28.84% compared to the same period, 16.28% , basically be to suffer oil to rise in price be caused by; NPG is purchased all price falls compared to the same period 20.03% , basically be to suffer NPG market supply demand relations to affect.