Zhejiang News Client Reporter Xiao Congwen
On May 23, a new stock named "Rongyi Precision" started subscription on Beijing Stock Exchange , with an issue price of 3.21 yuan per share. This means that this company from Jiaxing Haiyan, Zhejiang, is one step closer to logging into , the North Exchange . It will also become the fifth company in Zhejiang to land on the exchange.
login to the Beijing Stock Exchange, industrial transformation ushered in a good opportunity
bravely landed on the Beijing Stock Exchange, why is it?
Previously, in response to investors' questions, Tang Xuwen, chairman and general manager of Rongyi Precision, elaborated on the company's overview in detail. The company's main business is the research, development, manufacturing and sales of precision metal parts such as precision fasteners, connectors, and structural parts, and mainly provides precision metal parts products to customers in downstream application industries such as 3C, automobiles, communications and power equipment.
, one of the main products, laptop uses embedded nuts, the global market share exceeds 40%. Public information shows that in August last year, Rongyi Precision was rated as a national-level "little giant" enterprise by the Ministry of Industry and Information Technology. It not only has Zhejiang Provincial Department of Science and Technology , Provincial Department of Development and Reform , and Provincial Department of Economy and Information Technology, but also has invention patents and 76 utility model patents. It has been rated as "best partner" and "high-performance manufacturer" by well-known electronic manufacturing service providers Renbao and Foxconn .
(image data is from Tonghuashun APP)
Corporate revenue data is also quite impressive: main business sales revenue is showing a growing trend. In 2020, the main business revenue increased by 28.07% compared with 2019 and 45.06% compared with 2020.
(Picture data comes from Tonghuashun APP)
These achievements are inseparable from Rongyi Precision's industrial transformation in recent years. Around 2011, this company, which started with 3C, focused on the automotive field and gradually anchored new energy vehicles, increasing customer development, technology research and development and capital investment in the field of automotive precision metal parts.
One of the main investment projects raised by this is the new project signed by Rongyi Precision in Wanghai Street, Haiyan County in 2020 - the construction project of smart factory for precision parts production of 300 million pieces.
"In order to seize the development opportunities of emerging high-value-added fields such as new energy vehicles, aerospace, and medical care, the company still needs to continue to strengthen its investment in these fields to enhance the company's competitive position in the precision parts industry and form long-term and sustainable development momentum in an increasingly fierce market environment." Tang Xuwen said when asked by investors.
"Invisible Champions" gathered together, focusing on innovation is the common feature
In fact, Rongyi Precision is the second Jiaxing company listed on the Beijing Stock Exchange. In April, Qifeng Precision, which is also in Haiyan, was listed on the Beijing Stock Exchange. Both are fasteners industry enterprises.
In small county towns, the "steps" of listing are so dense that it fully reflects the characteristics of Zhejiang's economic development. The fastener industry is the traditional leading industry of Haiyan County . It has a certain influence at home and abroad, including traditional fasteners and standard fasteners, aimed at manufacturers in different fields such as electricity, construction, automobiles, aviation, and military industry.
Looking at the 5 companies that are logged in and waiting to be logged in to the Beijing Stock Exchange, it is not difficult to find that they are all high-tech enterprises and are the "hidden champions" of their respective industries.
Taizhou 's Sanyou Technology's main business is the new equipment, application research of new materials and the development and manufacturing of special equipment for non-ferrous metals hydrometallurgy; Ningbo Qiuguan Cable belongs to the electrical machinery and equipment manufacturing industry, mainly engaged in the research, development, production and sales of wires and cables; Hangzhou Guangmai Technology is committed to providing comprehensive solutions for information and communication technology services, and its main businesses include information and communication system integration, ICT industry applications, asset operation services, and digital content service services.
’s biggest common point is to focus on innovation. Professor and doctoral supervisor at the School of Economics of Zhejiang University, , and doctoral supervisor, analyzed: "The emphasis and investment in R&D have laid a good foundation for them to deepen their market segments for a long time, and have become a "specialized and innovative" enterprise with strong market power and competitiveness in specific fields."
This is exactly in line with the positioning of the Beijing Stock Exchange - cultivating and developing "specialized, specialized and new" small and medium-sized enterprises, extending to the front-end in scale, emphasizing "early, smaller, and updated".
Public data shows that as of January this year, the Beijing Stock Exchange has queuing up and assisted enterprises in total. Among these "preparing enterprises", there are more than 40 seats in Zhejiang.
In the future, more Zhejiang voices may be heard on the new platform of the Beijing Stock Exchange.