Jiangsu's Broad-Minded Debut In December 7Th

On the morning of December 7th, the Shenzhen stock exchange, Limited by Share Ltd, the leading vehicle of China's automotive interior fabrics, Jiangsu broad-minded automotive fabric group, was successfully listed.

The stock is called Jiangsu broad-minded, and the code is 002516. This time, Jiangsu Broadway issued 50 million shares for the first time, accounting for 25% of the total share capital issued. On the first day of listing, shares closed at 23.25 yuan, or more than 15%.

The leading product of Jiangsu Broadway automotive fabric group Limited by Share Ltd is automotive interior trim used for car seats, door panels, ceiling and so on. Fabric And the difference between the interior trim fabric and the colored polyester yarn. Shen Jieliang, chairman of the broad-minded company, told reporters that the strict matching supplier system of the automobile manufacturers made the entry barriers of the automotive interior fabric industry higher, the certification time was longer, and the supply increase was limited, which led to the high concentration of the industry, which provided more than 70% of the market supply by a few large scale enterprises.

10 years of accumulation Broad-minded It has laid the leading position in the leading industry. From the production of automobile interior fabric with color difference polyester yarn to weaving, dyeing, finishing, compounding, tailoring, and finished products of automobile interior fabrics, the production mode of the fixed production has made the company more competitive than its counterparts.

Broad-minded company is an interior fabric supplier of more than 40 large and famous automobile manufacturers at home and abroad. The end users include FAW Volkswagen, Shanghai Volkswagen, SAIC GM Wuling, Geely Automobile, Dongfeng Automobile, FAW liberation, Jinlong bus, the Great Wall automobile, Chery automobile, Yutong Bus, Beijing modern, Jianghuai bus and so on, covering the main domestic vehicle manufacturers. At the same time, the company is also German Volkswagen BMG certified global automotive interior fabric supplier, and officially became a supplier of Dongfeng Nissan in 2008, began mass supply in 2009, breaking the situation that Japanese cars were supplied exclusively by Japanese suppliers.

It is understood that after Jiangsu's extensive listing, the funds raised will mainly be used to introduce shuttleless looms to produce high-grade automotive interior decoration fabrics and the production of color difference fibers for automobile decoration, with a total investment of 263 million yuan.

The company's current automotive interior fabric products have been in short supply, the capacity utilization rate is close to 100%, and need to be supplemented by external processing. The introduction of shuttleless looms to increase the output of automotive interior fabrics is conducive to the company's market share. It is reported that the construction period of the project is expected to be one year, and the production capacity will be increased by 8 million 740 thousand meters. The production of color difference fibers for automobile decoration is in line with the industrial development trend of green environmental protection and cleaner production. The company will enhance its competitiveness in this field. Meanwhile, the increase of raw material self-sufficiency rate will also greatly reduce the cost.

Automobile interior decoration is an important application field of textile in automobile production. With the high growth rate of automobile industry, the prospect of automobile interior decoration is broad. In 2009, the number of cars in China was 76 million, with a capacity of about 50 per 1000 people, which is far from the world average level of 1 million 350 thousand vehicles per 1000 people. In the future, the capacity of China's automobile market will be greatly improved. The automotive interior will share the natural growth of the automotive industry and expand the import of fabrics and leather and artificial leather materials. The knocking of the listing bell indicates a new starting point for broad-minded progress. With the strong support of benign capital, broad-minded will better seek the blueprint for increasing production capacity, upgrading technology and meeting demand.