Image source: Visual China
Since the end of 2016, it has been full of confidence and jointly invested 80 million yuan with its cooperative company to establish Tianjin Rongcai 3D Technology Co., Ltd. (hereinafter referred to as "Rongcai 3D Technology"). By 2018, the "pain-bearing" separation, Evergreen Co., Ltd. (300195, SZ) seems to have been full of twists and turns in the field of 3D printing.
htmlOn November 3, Evergreen Co., Ltd. announced that it would transfer all the shares of Rongcai 3D Technology (55% equity) they hold to the New Third Board company Tiger Color Printing Art , with a transaction price of 27.76 million yuan.Regarding the reason for this transfer, Evergreen Co., Ltd. mentioned in the announcement that it will help the company focus on its main business, give full play to the company's advantages in equipment manufacturing, and reduce investment risks. A reporter from "Daily Economic News" found that Rongcai 3D Technology has been losing more than two consecutive years since its establishment in 2016, with a total loss of nearly 20 million yuan. However, Evergreen Co., Ltd. has not completely given up on this field, and it said it will continue to explore cooperation opportunities with Tiger Color Printing in the field of 3D printing.
has been in operation for more than two years and is still in the R&D period
On the same day that Evergreen Co., Ltd. issued an announcement, the New Third Board company Hucai Yinyi also issued an announcement stating that according to the company's business development needs, it plans to use its own funds to acquire 55% of the equity of Rongcai 3D Technology Co., Ltd. (hereinafter referred to as Rongcai 3D Technology) with its own funds. After the acquisition is completed, it will hold 100% of the equity of Rongcai 3D Technology.
The story about 3D printing will start in November 2016. At that time, Evergreen Co., Ltd. and Hucai Yinyi jointly established a company with a joint venture of 80 million yuan. Among them, Evergreen Co., Ltd. invested 44 million yuan, accounting for 55% of the registered capital, and Tiger Color Printing Art invested 36 million yuan, accounting for 45% of the registered capital.
At that time, Evergreen Co., Ltd. was also full of confidence. In the announcement, it stated that 3D printing technology is one of the key technologies in the development of the printing industry. Through the investment and establishment of a joint venture, it will jointly promote the development and application of 3D printing technology of the joint venture and expand its business areas.
Tiger Color Printing Art stated that through this investment, we will give full play to our respective R&D and technical advantages in the packaging and printing industry, jointly promote the development and application of 3D printing technology of the joint venture, and realize new development of both parties in the field of 3D printing.
After establishing the company, Evergreen Co., Ltd. took out real money to purchase related technologies. In December 2016, Rongcai 3D Technology signed an agreement with Hucai Printing Arts to purchase 13 technologies and machinery and equipment, including "a registration positioning device and positioning method in printing equipment and its positioning method". The transaction costs 50 million yuan.
In the view of Rongcheng Co., Ltd., the above transaction is conducive to enhancing the R&D strength of Rongcai 3D technology printing technology. According to the 2017 annual report of Tiger Color Seal Art, most of Rongcai 3D technology research and development teams come from Tiger Color Seal Art, and daily research and development activities are carried out in Tiger Color Seal Art.
In terms of 3D printing technology, it can be seen that it also established Dongguan Hucai Singularity Three-dimensional Creative Design Co., Ltd. in June 2017, responsible for 3D product development and 3D printing technology research and development.
In addition, in 2017, Tiger Color Printing Art realized mass production of vitrified direct printing 3D technology on white cards and gold and silver cards cigarette packs manual box , mobile phone boxes, and other color box packaging products. Currently, the second generation of 3D printing mass production machine has been completed and is currently under debugging. It will be launched in the factory and put into use soon.
However, compared with the vitrified oil direct printing 3D technology, Rongcai 3D technology business is quite optimistic by Tiger Color Printing Arts and Evergreen Co., Ltd. has not made significant progress. Evergreen Co., Ltd.'s 2018 semi-annual report disclosed that Rongcai 3D Technology is still in the trial stage of new product research and development and has not yet formed sales.
Thanks to nearly 20 million in two years,
mentioned this transaction, the transfer of Rongcai 3D Technology equity is a decision made by the company based on the overall strategic plan, aiming to further optimize the company's industrial allocation and improve asset utilization efficiency. This transaction will help the company focus on its main business, give full play to the company's advantages in equipment manufacturing, reduce investment risks, improve operational and management efficiency, which is in line with the interests of the company and all shareholders. In the future, the company will continue to explore cooperation opportunities with Tiger Color Printing in the field of 3D printing based on its strategy and business planning.
However, a reporter from "Daily Economic News" sorted out Evergreen Co., Ltd. and related announcements and found that Rongcai 3D Technology's net profit in 2016, 2017, and January to June 2018 was a loss of 380,000 yuan, a loss of 8.41 million yuan and a loss of 9.98 million yuan, respectively.Regarding this situation, a reporter from "Daily Economic News" called Evergreen Co., Ltd. on December 3. A staff member of the securities department of Evergreen Co., Ltd. said: "Everything is subject to the announcement."
reporter noticed that in addition to Evergreen Co., Ltd., there are also listed companies in this field. Most domestic companies focus on technical research and have fewer layouts in 3D printing. For example, Yutong Technology (002831, SZ) 2017 annual report shows that during the reporting period, it applied for the establishment of R&D institutions such as Shenzhen 3D Printing Technology Engineering Laboratory.
On the other hand, the high cost is also a major bottleneck in the development of 3D printing. Relevant research points out that from the basic imaging principles of 3D printing, it can be seen that in order to present a good 3D effect, high-quality grating sheets and high-quality printed images are necessary factors. Compared with traditional printing materials, 3D printing materials require a larger investment in grating sheets, especially high-precision grating sheets. Although the price of grating sheets has been falling all the time in recent years, and when mass production is carried out, the price can be controlled within an acceptable range, but it is still higher than that of ordinary color printing.
Daily Economic News