Auto parts companies take over expansion

The China Securities Regulatory Commission's audit committee recently reviewed the IPO application of Shunrong, an auto parts manufacturer. Since 2010, "backed by" the "big tree" in the domestic auto market, from the car accessories, lights, steel wheels, transmissions and other auto parts industry segments "little giant" companies have listed financing.

Shun Rong shares are called "Wuhu Shunrong Auto Parts Co., Ltd.", and it is planned to issue 17 million shares. It is expected that the raised capital will be invested in the "Automobile Plastic Fuel Tank Rebuilding and Expansion Project." The total investment of the project is 250 million yuan. The company’s prospectus’s submission shows that currently the company’s existing capacity utilization rate is basically saturated, and the original production capacity is insufficient to severely restrict market share. After this raised investment project is completed, the production capacity of auto plastic fuel tanks will reach 600,000 from the end of 2009. Only increase to 1.8 million/year.

The situation of Shunrong shares is quite common. For instance, the application for starting the Xingyu lights at the Shanghai General Assembly has passed, and Jiangsu Minda, a domestic manufacturer of seat fabrics for automobiles and other vehicles, has recently landed on the small and medium-sized boards. According to the prospectus plan, the maximum limit for Xingyu’s car lights is 60 million shares, and the raised funds will be used for an annual output of 1 million sets of car lights. The total project investment is 450 million yuan. Jiangsu Minda has successfully issued 50 million shares and raised 260 million yuan to invest in 2 projects. Both companies have mentioned in their prospectuses the need to increase production capacity.

Since 2010, many auto parts companies have entered the capital market. The first Xingmin rims and Longji Machinery were listed on the market. They were engaged in the production of automotive steel wheels and brake discs, and truck brake hubs. Since then, Songliao Co., Ltd., a manufacturer of Wanliyang and cylinder liners engaged in the production of transmissions, and Songzhi Co., Ltd., which is engaged in the production of air conditioners for automobiles, has been listed on the small and medium-sized boards and is engaged in the production of parts and components such as car seat systems and interior and exterior systems. Then landing GEM. Analysts pointed out that the production of automobile parts, such as wheels, is a scale, capital, technology, and labor-intensive industry, and will not be eliminated if it does not follow the needs of the entire vehicle market. Through the expansion of scale, some auto parts companies can continue to reduce costs and increase their technological strength.

However, despite the overall good news of the auto parts industry in 2010, there are certain uncertainties in 2011. Due to the fact that raw material prices did not increase significantly in the first half of 2010, the net profits and gross profit margins of parts and components companies were relatively high, while in the second half of the year, net profit decreased year-on-year due to the same period last year, but profitability of parts and components companies in 2010 is expected. Still stronger than last year. As for 2011, it will depend on the lagging effect of vehicle sales and rising raw material prices.

Rotary Tablet Press

Classification of tablet press: Models can be divided into single punch tablet press, rotary tablet press, sub-high speed rotary tablet press, automatic high speed tablet press and rotary core tablet press.

The sheet shape pressed by the tablet press is initially flat circular, and later developed into shallow circular arc and deep circular arc on both sides, which is for the need of coating. With the development of special-shaped tablet press, oval, triangle, oblong, square, diamond, circular ring tablets followed. In addition, with the continuous development of preparations, due to the requirements of compound preparations and timed release preparations, special tablets such as double layer, triple layer and core coating are made, which need to be completed on special tablet press.

Rotary tablet press is a machine which is made of several pairs of die distributed on the turntable to make a circular lifting movement according to a certain track and press the granular material into tablet through the press wheel. And the stamping rod with the rotary table rotating speed ≥60m/min line press is called high-speed rotary tablet press, this high-speed rotary tablet press has a forced feeding mechanism, the machine is controlled by PLC, has the automatic adjustment of pressure, control the weight of the piece, eliminate the waste piece, print data, display fault shutdown and other functions, in addition to the control of the weight difference within a certain range, Quality problems such as missing Angle and loose lobe can be automatically identified and eliminated.

With the development of market demand, the scope of application of tablet press is more and more wide, no longer simply limited to the suppression of Chinese and Western medicine tablets, more widely suppressed health food, veterinary medicine tablets, chemical tablets: such as mothballs, washing blocks, smurf blocks, art powder, pesticide tablets, food tablets: chicken essence block, isatis root block, divine Qu tea block, compressed biscuits.

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