Past life and present life: The prospectus of
, a domestic electrical connector "first" enterprise, shows that Huada shares will issue no more than 27,006,700 shares in this IPO, and plan to raise 534 million yuan. Among them, about 339 million yuan was invested in the industrialization project of the satellite interconnection high-reliability connection system; about 95 million yuan was invested in the R&D center construction project; and about 100 million yuan was used to supplement working capital.
Huada Co., Ltd.
Speaking of Huada Co., Ltd., you may not be very familiar with it. If you mention the "past life and this life" of this provincial state-owned enterprise, many Shaanxi investors are more familiar - the predecessor of Huada Co., Ltd. was founded in In 1966, the state-owned No. 853 Factory was one of the earliest domestic manufacturers of electrical connectors. In 1985, 853 Factory, 4310 Factory, 4320 Factory and 895 Factory jointly established Xi'an Xijing Electronic Components Industry Company, which was renamed Xijing Electric Corporation in 1992. In 2000, Xijing Company established Huada Co., Ltd. with Shaanxi Provincial Investment Company and Xijing Employee Stock Ownership Association on the basis of all the operating assets of the original No. 853 Factory. In 2010, the company was restructured into Shaanxi Huada Technology Co., Ltd.
embraces capital: seeks better development based on the rising trend
Public information shows that Huada is a large-scale backbone enterprise that develops and produces connectors in the country, forming RF coaxial connectors , low frequency connectors, RF coaxial cable assemblies Three categories of products are widely used in aerospace, weapons and equipment, communications and other fields. As one of the main manufacturers in the field of domestic military electrical connectors, the company is an important supporting unit in the military industry. The group and its subordinate units have carried out various businesses.
From the perspective of performance, from 2019 to 2021, Huada's operating income was 554 million yuan, 637 million yuan, and 756 million yuan respectively, and the net profit attributable to shareholders of the parent company in the same period was 44.8423 million yuan and 57.6247 million yuan respectively. , 66.7453 million yuan, showing a steady upward trend. The small connector of
, like connecting human bones, flexibly connects the intricate components in various electrical appliances to jointly support the operation of electrical appliances. With the rapid development of new technologies and new application scenarios, the connector market is constantly expanding. According to Bishop&Associates data, the global connector market will reach US$77.991 billion in 2021, of which the Chinese market will grow strongly. The market size will reach US$24.978 billion in 2021, accounting for more than 30%, making it the largest connector market in the world. From the perspective of the current situation of the domestic connector market,
shows the characteristics of giants occupying the main market share and domestic companies are making efforts to "domestic substitution". In the rhythm of this hot development, Huada shares embarked on the road of IPO, which is the necessary rhythm for enterprises to actively embrace capital power to seek better development.
All Media Reporter of Xi'an Newspaper Liu Ning
Editor: Wu Yiqing
