On June 29, Cisco Rui (688053.SH) opened the subscription, the subscription price was 55.53 yuan per share, and the subscription limit was 6,000 shares, which belonged to the Science and Technology Innovation Board.China GalaxySecurities is its joint sponsor.
The company mainly focuses on the fields of semiconductors, integrated circuits, and electronic information in the defense technology industry. Its main business is reliability testing services for military electronic components. The specific services include testing and reliability screening tests of electronic components, destructive physical analysis ( DPA), failure analysis and reliability management technical support.
According to the white paper “China’s National Defense in the New Era”, the proportion of equipment expenditure in military expenditure in the composition of my country’s defense expenditure has been on the rise over the years. The proportion of my country’s equipment expenditure in national defense expenditure increased from 33.2% in 2010 to 40.00% in 2019; and in absolute terms, my country’s weapon equipment expenditure rose from 177.359 billion yuan in 2010 to 475.950 billion yuan in 2019 Yuan, an increase of nearly 1.7 times. And military electronic components have become necessary components for the development of modern electronic information weapons and equipment.
After years of development, the company has formed a strong comprehensive market competitiveness in terms of market area, customer scale and reliability testing technical capabilities, with high market recognition, and has developed into a large-scale third-party military electronic components in my country It is one of the reliability testing service providers and one of the leading companies in the reliability testing industry of military electronic components in China.
As of the end of 2021, Cisco has more than 23,000 sets of test program software (of which more than 19,000 sets are independently developed) and more than 13,000 sets of detection adapters. At present, some testing program software has applied for 122 software copyrights, and some testing methods and testing devices have applied for patents, and now has 39 patents, including 11 invention patents. A total of 565 testing items have been certified by CNAS and DILAC, and it has strong reliability testing capabilities for military electronic components.
Sciray has established reliability testing service bases in Chengdu, Wuxi and Xi’an. The southwest, east and northwest regions where Chengdu, Wuxi and Xi’an are located are the key areas for the development and production of military equipment in my country. From the perspective of the regional distribution of main business income, In addition to the above three key regions, some customers are located in North China, Central China, South China, and Northeast China and receive business income. In 2021, Sciorui has nearly 400 customers, the main customers are the subsidiaries of the military industry group and the electronic manufacturers supporting the military industry enterprises.
In terms of finance, during the reporting period, the company’s overall strength and profitability continued to increase, and the company’s revenue and profit showed a sustained and rapid growth trend. In 2019, 2020 and 2021, the company’s operating income was 105 million yuan, 166 million yuan, and 222 million yuan respectively, and the net profit attributable to owners of the parent company after deducting non-recurring gains and losses was 41.7091 million yuan, 71.1817 million yuan, 91.5743 million yuan.
Massive information, accurate interpretation, all in Sina Finance APP