Home » A-share subscription | Tuoshan Heavy Industry (001226.SZ) opened the subscription company is one of the core suppliers of domestic construction machinery leading enterprises | RMB_Sina Finance_Sina.com

A-share subscription | Tuoshan Heavy Industry (001226.SZ) opened the subscription company is one of the core suppliers of domestic construction machinery leading enterprises | RMB_Sina Finance_Sina.com

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A-share subscription | Tuoshan Heavy Industry (001226.SZ) opened the subscription company is one of the core suppliers of domestic construction machinery leading enterprises | RMB_Sina Finance_Sina.com

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On June 13, Tuoshan Heavy Industry (001226.SZ) opened the subscription, the issue price was 24.66 yuan per share, and the subscription limit was 18,500 shares, which belonged to the main board, and Minsheng Securities was its sole sponsor.

Tuoshan Heavy Industry is a high-tech enterprise integrating R&D, design, production, sales and service of construction machinery parts and assemblies. With years of unremitting efforts and accumulation in the field of construction machinery, the company has accumulated rich manufacturing experience and technological advantages in production links such as forging, machining, heat treatment and flaw detection, and has a large-scale scale with complete specifications and excellent product quality. Forging ability.

The company’s main products include chain rail links, pin sleeves, rollers, pin shafts and brake device series, etc., which are mainly used in the field of construction machinery and play a key role in the working performance and movement performance of construction machinery and equipment.

The company’s products have strong market competitiveness and high market reputation. Since its establishment, the company has adhered to the business philosophy of “quality first, customer first”, and maintained strong competitiveness of the company’s products in terms of performance, quality, consistency and stability through continuous process technology improvement and product innovation. It has established a good reputation and image, and has become the core supplier of well-known construction machinery and equipment manufacturers at home and abroad. The company’s main customers include Sany Heavy Industry (600031.SH), Xugong Group, Shantui Co., Ltd.China Longgong(03339), Liugong (000528.SZ),Zoomlion (000157.SZ), etc.; at the same time, the company has also successfully entered the supply chain procurement system of internationally renowned companies such as Titan International (TWI.US) and Japan’s Komatsu.

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The company’s technical capabilities are outstanding. It is a specialized, special, and new small and medium-sized enterprise in Anhui Province and a director unit of the 8th Council of China Forging Association. The company’s technology center has been identified as an Anhui Enterprise Technology Center. As of May 18, the company has 53 patents, including 2 invention patents and 51 utility model patents. The company has a strong competitive advantage in the field of construction machinery parts and components, and has now become one of the core suppliers of domestic construction machinery leading enterprises.

In terms of financial data, in 2019, 2020 and 2021, the annual operating income of Tuoshan Heavy Industry was approximately RMB 559 million, RMB 752 million and RMB 887 million, respectively. The company’s net profit was approximately RMB 72.4244 million, RMB 88.0150 million and RMB 86.2552 million respectively.

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