Recently, expect with Yu Xincai (Guangdong) Inc. (the following abbreviation: With Yu Xincai or company) receive the intention in handing in an examine and verify greatly to see fulfil case, updated book of raise capital by floating shares.

Public data shows, held water in December 2015 with Yu Xincai, advocate business Wu is electronic resinous research and development, production and sale, basically apply at Fu copper production. This company IPO plans to issue a stock not to exceed 10 million, fund of market drafting collect 1.3 billion yuan, will use at Jiangxi to expect with Yu Xincai limited company produces per year project of colophony of 200 thousand tons of electron (first phase) , compensatory circulating fund.

The Tong Yuxin material of domain of colophony of electron of industry of copper of Fu of the high end in deep ploughing, through lasting research and development innovates, broke international the forestall of lead company, outside reducing domestic Fu copperplate effectively to produce an enterprise to be opposite endowment or of stage endowment supplier depend on, carrying resinous of elevatory function electron continuously homebred the intention that changed rate respect to rise to hold the balance. Just meet industry east wind comes currently, we have reason to believe, the Tong Yuxin material that enters company of copper of downstream and famous Fu to supply chain is sure to achieve more progress first machine.

Outstanding achievement is added firmly highlight a company powerful ascendant momentum

Well-known, electronic Information Industry serves as a country strategical burgeoning industry grows one of stresses, already made the core field that international competes, can say to enhance electronic Information Industry own capability is the crucial seat that our country increases industrial system to coordinate gender, economy to run stability and international competition ability.

And electronic colophony basically applies at Fu copperplate and printed circuit board production, it is one of indispensable base material in innovation of technology of electronic Information Industry, the discretion of its technology level decided the level of form a complete set of Information Industry of electron of a country.

But in fact, start as a result of industry of colophony of electron of copperplate of our country Fu later, this industry, apply at the electronic colophony of high-powered Fu copperplate especially, still guide by the proprietor of an enterprise of the United States, Korea, Japan and Chinese Taiwan area up to now.

Since holding water oneself with Yu Xincai, decide target lock in domain of electronic colophony fractionize, devote oneself to domain of colophony of fill home electron, and be in in what high end uses a field is short board. The company is core driving force with direction of market guiding research and development, break international in succession the forestall of lead company, become promote high-powered electron resinous continuously homebred turn one of main businesses of rate.

Focusing market demand, spend hair force from the dimension such as fractionize function, continuously product research and development innovates, it is the enterprise impression that is the same as Yu Xincai. Current, company product standards was enclothed from apply to temperature of transition of high school low vitrification not to have bittern Fu copperplate without lead, to the product of copperplate of Fu of domain of high speed of low Dk low Df. Can say, the development of the industry of electron of follow closely of electronic colophony product of the company, for downstream Fu copperplate production enterprise provides rich product standards system, for the business of the company development laid good market foundation, the market is had rate send tamp more.

Issue tourist door high gradely at the same time, the technical dominant position that also holds banner industry to be the same as Yu Xincai and lead position brought liberaling requirement. Current, company already the cooperation that famous manufacturer built the industry of global Fu copper such as electron of treasure of as new as science and technology of the group that build flood, unripe beneficial, South Asia material, Hua Zhengxin material, gold, supersonic electron to be stabilized for a long time concerns, the company already grew quickly for colophony of banner electron of Fu copperplate domain inside endowment supplier.

Subsequently and come to a company outstanding achievement also presents a fast growth state. According to book of raise capital by floating shares, arrived 2019 in June 2022, company business income is 278 million yuan respectively, 378 million yuan, 947 million yuan mix 634 million yuan, profit of net putting in a mother 's charge is respectively 1, six million eight hundred and twenty thousand two hundred yuan, 3, nine million nine hundred and eighty-seven thousand two hundred yuan, 13, 5.269 million yuan with 9, nine million six hundred and ten thousand one hundred yuan, reveal its powerful brand force and market competition ability.

Hopeful of product of the high end that send force is farther drive outstanding achievement rises

Electronic colophony industry attributes technology intensive trade, the across that involves the many subject such as material, physics, chemical, mechanical, electron, automata applies integratedly, at the same time as electronic industry new technology, new technology ceaseless emerge in large numbers, product and craft update iteration to accelerate.

Tong Yuxin material is dedicated at electronic resinous research and development, production and sale, the course is accumulated for years, accumulated a large number of technologies and practice experience in the application of the product and manufacturing domain especially. The company captures epoxy resin of DOPO ramification modified produces the foreign matter control in the process, benzene in succession and a series of technology difficulty such as control of monomer of low dissociate of the control of phenol of low dissociate of Qin colophony, phenolic aldehyde that contain phosphor, have 7 accredit to invent patent. Plus network of perfect industrial system, sale, stabilized development to lay solid foundation continuously for the company.

In advanced technique of ceaseless research and development, pursuant international while, the company embraces the manufacturing concept of green environmental protection, raise green to change ceaselessly, science and technology changes the technical standard with diversification. On one hand, the company urges construction of intelligent chemical plant with digitlizing transition, optimize manufacturing technological process, make sure product quality is stable. On the other hand, adopt core technique, reduce liquid waste to discharge, implementation is less useless get together content, become the example company that green intelligence transition realizes inside the industry.

Current, the company already became minority to master much series not to have bittern and copperplate of high speed Fu to use technology of electronic colophony core without lead inside endowment enterprise. Its carry own research and development, master a breakthrough contain phosphor flame retardant core technology all finishs the multinomial key such as technology of synthesis of oxygen of annulus of modified of ester of cyanic acid of technology of synthesis of modified annulus oxygen, different the product is changed, came true to commercialize application. Especially, of the company without bittern substrate of circuit of tall CTI epoxy resin, high-powered electron uses special type colophony, benzene and Qin colophony is maintained to be Guangdong to save product of new and high technology.

From the point of whole, with Yu Xincai the technical index of the product already reached domestic advanced level, obtained attestation of domestic mainstream client, and international is broken in partial product domain the forestall of advanced company, had step actual strength of competition of sufficient international scenic.

What be worth to expect particularly is, in the electronic colophony domain with applicable copperplate of Fu of high frequency high speed, the company broke through benzene and acyl of Qin colophony, Ma Lai inferior amine colophony, luscious change get together the crucial core technology such as benzene aether colophony, at present relevant product is in small lot or in try level, after afore-mentioned product maturity are commercialized, be in colophony of fill home electron what high end uses a field is short board.

Market potential increases future to develop continuously but period

The abidance that waits for technology of market of terminal of electronic Information Industry and application as electron of 5G communication, consumption and car electron upgrades to be driven with demand, PCB property production value shows the whole world to rise steadily trend. Electronic colophony regards PCB raw material as one of core base material of Fu copperplate, will have good demand base. According to Prismark2022 year those who release grind newspaper, production value of market of global PCB substrate was 80.92 billion dollar 2021, predict to reached promotion 2026 1, 1.56 billion dollar, the market of terminal of electronic Information Industry of rapid development provided vast market space for electronic colophony industry.

Industry of PCB of whole world of benefit from benefit from is transferred to our country, the Fu copper industry of our country grows in recent years rapid, at present our country already became the Fu copperplate with the greatest whole world to produce a country. Electronic colophony regards Fu copperplate as one of important base material, its demand accepts the effect that PCB industry develops continuously. Current, high-end PCB market basically reachs dominant of industry of Chinese Taiwan region by foreign capital, but the ceaseless breakthrough that goes up in PCB industry technology as industry of chinese mainland region, in form a complete set of PCB upper reaches the industry also will grow subsequently, inside endowment electronic colophony enterprise will greet more to expand opportunity.

In market demand auspicious premise falls, also greeted high speed to develop with Yu Xincai. Data shows, epoxy resin of modified of MDI of company main product, tall bromic epoxy resin amplitude was achieved respectively 2021 156.17% , 232.54% , the product applies a domain finally to include electron of the computer, mobile phone, car to wait.

In low end to avoid the price of the product competes, its build technology, service, quality, research and development to wait compare a dominant position, held the high additional cost of the product, having stronger competition ability and gain capacity. According to book of raise capital by floating shares, came 2019 in June 2022, company advocate interest rate of business Wu wool is respectively 17.05% , 20.75% , 23.12% , 24.00% , all can be worth than the company for 21.30% , 26.14% , 20.61% , 18.08% . Adopt industrial position, company profit ability goes against force growth from 2021.

the enterprise of deep ploughing of domain of colophony of electron of the high end in serving as to be in, had completed the strategic overall arrangement of early days with Yu Xincai, no matter be stable client relationship, still be gain ability, in can letting a company compete in what did not come, occupy first machine.

Next, develop product of industry of follow closely electron pace with Yu Xincai, make full use of homebred turn development tide, play company lays in the advantage with technical innovation ability in the talent, the trade that promotes own product and technology continuously leads force and competition ability, abound solution of product of resinous of electron of Fu copper industry. Expect to continue to maintain powerful momentum with Yu Xincai, lead an industry.

2025
Newsolar Conference
15-18 December

New York City