On July 11, 2022, Shenzhen Zhilifang Automation Equipment Co., Ltd. (hereinafter referred to as "Zhilifang") officially landed on the Shenzhen Stock Exchange GEM with the company code 301312, and the sponsor is Minsheng Securities Co., Ltd. This is the 1157th GEM company listed on the Shenzhen Stock Exchange.
Zhicun was established on July 7, 2011. It is a high-tech enterprise focusing on the research and development, production, sales and related technical services of industrial automation equipment. It provides customized professional solutions for downstream customers' intelligent manufacturing systems, lean and automated production systems. Its products include industrial automation equipment, automation equipment accessories and related technical services. The core business is automated testing equipment and automated assembly equipment business, as well as product assembly links, helping customers realize semi-automation and full automation of production lines, and improving production efficiency and product yield. After nearly ten years of deep development, the company has outstanding technological R&D and innovation capabilities. It was rated as a "dual soft enterprise" in 2013 and has been continuously recognized as a high-tech enterprise since 2014. At present, Zhilifang and its subsidiaries have 94 patents, 58 software copyrights, and 6 software product certificates. The company has 192 R&D and technical personnel, accounting for 31.74% of the company's total employees. With its strong technical strength and R&D strength, the company has been recognized by the Guangdong Provincial Department of Science and Technology and the Guangdong Intellectual Property Protection Association as the "Guangdong Microelectronic Precision Packaging and Testing Engineering Technology Research Center" and the "Guangdong Provincial Intellectual Property Demonstration Enterprise in 2020"; in 2021, the company won the "22nd China Patent Excellent Award" awarded by the State Intellectual Property Office.
At present, Zhicun has successively developed a number of core technologies including optical imaging spherical distribution attribute testing technology, optical sensing sensitivity calibration testing technology, optical measurement and calibration technology, imaging module automatic focus technology, high-stability imaging module positioning technology, vibration simulation control technology, precision sliding table and related mechanism component technology, etc., forming technical advantages and product first-mover advantages. The company is one of the earliest companies in the industry to track the needs of downstream customers' high-end optical testing equipment, and has become an important partner of downstream core customers in the field of specific optical testing equipment.
Zhilifang is highly customized in terms of the automation equipment industry. With high-quality product quality, efficient production capacity, good R&D strength and high-quality after-sales service, it maintains long-term and stable cooperation with many internationally renowned enterprises in downstream related industries, including Apple, Juul Labs, Inc., Facebook, Carnival Corporation & plc, Smoore International and other world-renowned high-tech companies, as well as world-renowned electronic product intelligent manufacturers such as Goertek, Hon Hai Group, Luxshare Precision, Zhishen Technology, Sunny Group, Jabil Group, Quanta Group, and Prem Group.
With the growth of market share of major customers in consumer electronics, e-cigarettes and other fields and the continuous launch of new products, the company has also accumulated rich experience in industrial automation equipment related to cooperation with major customers. Zhilifang achieved operating income of RMB 282.0827 million, RMB 353.4473 million and RMB 548.52 million in 2019, 2020 and 2021, with an average annual compound growth rate of 39.45% in three years, and net profits in the same period were RMB 66.8202 million, RMB 93.2986 million and RMB 114.8566 million, respectively, with an average annual compound growth rate of 31.11% in the past three years.
Chairman of Zhicun Qiu Peng
Chairman of Zhicun Qiu Peng said at the listing ceremony:
"In the future, Zhicun will actively respond to the national strategy, continue to increase R&D investment, drive industrial development with innovation, and continuously improve comprehensive management capabilities; at the same time, we will strictly abide by the requirements of the listing rules, make good use of the funds raised, and build Zhicun into a high-quality listed company with sustainable competitiveness, so as to repay shareholders, customers, and society."
Zhicun's total funds raised in this issuance of .74 billion . The funds raised this time are used for the construction of automation equipment capacity improvement projects, R&D center upgrade projects and supplementary working capital projects.The investment project raised through this fundraising is an expansion of production based on the existing industrial automation equipment business and the upgrading of R&D centers, which is conducive to enhancing the profitability of the existing main business and the company's comprehensive supply capacity for market demand.
This time, Zhilifang logged on the Shenzhen Stock Exchange Growth Enterprise Market. Intermediary service agencies such as Minsheng Securities Co., Ltd., Beijing Zhonglun Law Firm, Tianjian Accounting Firm (Special General Partnership), Zhongrui Shilian Asset Appraisal Group Co., Ltd., and Zhonggai Yiyun each leverage their own advantages to provide underwriting and sponsorship, law, audit, roadshow inquiry, asset appraisal, information disclosure and other services for Zhilifang to go public.
