1 Billion! Last Year, The Sewing Machine Leader With A Revenue Of 3 Billion 200 Million Invested In High-End Special Sewing Equipment.

The local sewing machinery manufacturing leader, Shang Gong Shen Bei (Group) Limited by Share Ltd (hereinafter referred to as Shang Shang Shen Bei) announced in June 9th that in order to comply with the trend of technological change in the industry, we should promote the "smart sewing factory / workshop" technology development, robotics application, customized NC technology and software application, and achieve the upgrading of enterprise technology and enhance the level of intelligent manufacturing. The proposed increase will not exceed 1 billion yuan, will be used for special sewing equipment and intelligent workstation technology transformation projects, investment in the establishment of Nanxiang R & D and marketing center project.

According to the notice of the reporter, Shang Shang Shen Bei intends to raise 1 billion yuan to invest in Shanghai's R & D and marketing center construction and Zhangjiagang production base technical transformation. It is used for R & D and production of carbon fiber composite structural parts manufacturing process and equipment, 3D sewing robot, programmable automatic sewing machine and industrial textile automatic sewing equipment, such as high-speed filter bag manufacturing system and hot-melt machine. High end special sewing equipment, combined with the knowledge accumulated by Shang Shin Bei in flexible material processing, will expand the automatic workstation and integration system applied in the field of automotive manufacturing to other mechanical fields, and develop automatic control of industrial automation such as intelligent logistics system and electromechanical control system, which will lay the foundation for the wide application of smart sewing factories / workshops in the future.

(1) technical transformation project of special sewing equipment and intelligent workstation

The contents of the project include:

(1) intelligent manufacturing of special sewing equipment. By absorbing the product resources of carbon fiber composite structure manufacturing equipment, 3D sewing robot, programmable automatic sewing machine, industrial textile automatic sewing equipment, which integrates German DA company, Germany 100 Fu company and German KSL company, the products will be standardized, large-scale and localized after product upgrading.

(2) intelligent manufacturing automation workstation and integrated system, including intelligent logistics system, that is, automated material stack, transportation, loading and unloading automated storage, to realize automation and digitalization of single equipment to the whole production line and even the whole workshop, and the industrial control automation equipment such as electromechanical control system, that is, to design, develop and provide the automation control system for the existing technology of the customer. The electronic control system is applied to single equipment, production line and whole factory.

The main body of the project is a wholly owned subsidiary, Bofu industrial sewing machine (Zhangjiagang) Co., Ltd., which uses the wholly-owned subsidiary of Shang Shang Bei Asset Management Co., Ltd. to carry out the reconstruction and expansion of the Zhangjiagang land workshop, including the supporting facilities of the new factory building area of about 27000M2 and 2000M2 underground garage, and reinforce and transform the original plant / warehouse about 12000M2. For manufacturing base.

The capital investment of the project is mainly used for plant renovation and expansion, production equipment purchase and so on. The total investment of the project is 395 million yuan, including 279 million yuan in fixed assets investment and 115 million yuan in the bottom of the project. The project is expected to achieve a sales income of 1 billion 313 million yuan and a total annual profit of 164 million yuan, with good economic benefits.

(two) invest in Nanxiang's R & D and marketing center project.

The project is to be invested in R & D and marketing center in Nanxiang, Shanghai, to establish R & D building, to set up a professional laboratory, to enhance the research and development strength of the group, and to realize standardization, industrialization and scale production by introducing the special sewing equipment imported from overseas subsidiaries to realize standardization, industrialization and scale production. The development of intelligent manufacturing automatic workstation and integrated system is accumulated. At the same time, in the face of the integration of sales channels in the Asian region, Shanghai marketing center is set up to carry out market promotion and after-sales service.

The main body of the project is a wholly owned subsidiary, Bai Fu industrial equipment (Shanghai) Co., Ltd., with a total investment of 605 million yuan, including 310 million yuan in infrastructure investment, 200 million yuan in research and development expenditure, 15 million yuan in the marketing center, and 80 million yuan in supplementary working capital. The estimated sales income of the project reaches 1 billion 648 million 370 thousand yuan, and the total annual profit is 12. 2 million 40 thousand yuan, which has good economic benefits.

According to public information, Shang Gong Shen Bei is the first listed company in China's sewing machinery industry. It is engaged in R & D, production and sales of industrial sewing equipment and household sewing machines. Through the integration of mergers and acquisitions, the world-renowned high-end brand Du kupp Aihua, Bai Fu and KSL are brought into the banner and have well-known household brands and workers in the domestic market. Now, the company has grown into a supplier specializing in the production of high-end sewing equipment and sewing application technology solutions.

In 2019, Shang Shang Shin realized its operating income of 3 billion 210 million yuan, an increase of 0.31% over the same period last year, mainly due to the consolidated income of the company's logistics service business increased by 21.39% compared with the same period last year, and the income of sewing equipment and intelligent manufacturing business decreased by 7.05% compared with the same period. During the reporting period, the company realized operating profit of 101 million yuan, down 49.73% compared to the same period last year. The net profit attributable to shareholders of listed companies was 86 million yuan, down 39.15% compared with the same period last year. The decrease in profits was mainly influenced by the cyclical adjustment of the sewing industry and the year-on-year decline of the downstream auto industry, and the consolidated gross profit margin of the company decreased year by year.