The hottest keyvia technology invested 1.5 billion

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Capvision technology invested 150million in two glass cover plate related projects

on October 10, 2018, Capvision technology released the announcement on investment and expansion of protective cover plate phase II project, which showed that Bengbu Huayi, a wholly-owned subsidiary of Capvision technology, plans to invest 65.8 million yuan to build the protective cover plate phase II project in the original plant of Huayi Company. The source of funds is the enterprise's own funds of 22.56 million yuan, and the rest apply for bank loans

among them, the construction investment is 61.77 million yuan, the interest during the construction period is 1.03 million yuan, and the initial working capital is 3million yuan. The construction period of the project is 1 year. After the completion of the project, the average annual sales revenue will be 259million yuan, the average annual after tax profit during the production period will be 18.8684 million yuan, the financial internal rate of return of the project will be 25.64%, the financial internal rate of return of capital will be 36.80%, and the investment payback period (including the construction period, after income tax of each kind of electronic tensile testing machine) 4 so far, he Guoliang has invested more than 30 million yuan in Guoliang copper 98

Kaisheng technology said that after the first phase of Bengbu Huayi protective cover plate project was put into operation, the market responded well, the number of orders continued to grow, and it has important customers such as Amazon and Xiaomi. At present, the production capacity can no longer meet the development needs. The expansion project will effectively expand the company's production capacity, improve the automation level and compatibility of the production line, reserve space for the company's future new products, and accelerate the adjustment of Bengbu Huayi's industrial structure. At the same time, Bengbu Huayi has deployed products such as 2D, 2.5D, 3D and colorful protective cover plates. The company has been continuously increasing research and development efforts, constantly developing new products of higher grades, and making technical reserves, so as to achieve product upgrading and prevent technical risks when necessary

the history of Bengbu Huayi's production of glass cover plate can be traced back to 2008, but when it helped solve the difficulties, less than 50 precision carving machines were successively invested to produce 2D white sheet cover plate glass in small quantities. In 2015, Huayi Company began to actively develop 2.5D cover plate business by using the spare capacity of OGS production line. Due to the good market situation of cover glass, Fangxing technology announced on December 22, 2015 that Huayi Company would use its existing plant to invest 28.7 million yuan to expand the 2.5D protective cover plate production line with an annual output of 24million pieces, and successfully achieved mass production in March of the next year

it is understood that Bengbu Huayi is the most important manufacturer of electronic glass coating for touch display panels such as TN \ STN \ TP in mainland China, and has a long history in the field of glass deep processing. In addition to Bengbu Huayi, Kaisheng technology is also an important domestic construction/photovoltaic glass manufacturer with the technical support of Bengbu Glass Institute under China National Building Materials Group

at present, Kaisheng technology's protective glass cover business is mainly oriented to overseas markets. Due to the long-term accumulation of resources in the glass market by China national building materials, Kaisheng technology's protective glass cover products are favored by Kaisheng technology's products, in addition to international brand customers in the front line, consumer electronics customers and vertical industry customers in the "the Belt and Road"

in addition, Capvision technology also issued the announcement on investment in the construction of CMP (polishing and abrasive materials) project, which shows that Anhui Zhongchuang, a holding subsidiary, plans to invest 84.81 million yuan in the project, build new plants in the existing plant area of Zhongchuang, purchase high-temperature roller kilns, spray dryers and other main production equipment, R & D and testing equipment, waste gas and wastewater treatment systems, and build a production line with an annual output of 3500 tons of CMP polishing and abrasive materials

the total investment of the project is 84.81 million yuan, including 76.16 million yuan of fixed asset investment, 2.17 million yuan of interest and other financing fees during the construction period, and 6.48 million yuan of initial working capital. The project is funded by self owned funds of 31.5 million yuan, and the rest apply for bank loans. The construction period of the project is 18 months. After the completion of the project, the average annual sales revenue will be 194.9621 million yuan, the average annual after tax profit during the production period will be 23.9196 million yuan, the financial internal rate of return of the project investment will be 38.59%, and the investment payback period (including the construction period) will be 4.91 years

system stiffness has become the key to the normal operation of all systems. Keyvia technology said that Anhui Zhongchuang high-end glass polishing powder pilot products have been recognized by customers. On this basis, the project will increase research and development efforts and expand production capacity. The products can be used in the fields of glass and semiconductor chips, which will make the company's products more diversified and high-end. At present, domestic semiconductor and high-end glass polishing powder are in short supply, and the market prospect is broad. The implementation of the project will produce good economic and social benefits, enhance the profitability of the company, and improve the market competitiveness and anti risk ability of the company

according to the 2018 semi annual report of keyvia technology, the company achieved an operating revenue of 1.309 billion yuan in the first half of the year, a year-on-year decrease of 16.44%; The net profit attributable to the parent company was 47.4828 million yuan, an increase of 35% year-on-year, and the net profit attributable to the parent company after deducting non profits was - 13.5628 million yuan, a decrease of 148.90% year-on-year

it is understood that the main reason affecting its performance is the poor consumer electronics market in the first half of this year, and the performance of keyvia technology's touch display module and Huayi ITO conductive film glass fell. Capvision technology said that in the second half of the year, Shenzhen Guoxian continued to adhere to the key customer strategy and actively deployed intelligent manufacturing; Huayi Company vigorously carries out internal reform, actively adjusts the product structure, and the cultivated cover plate business is on the right track. Combined with the 3D cover plate project to be completed, it will become a new profit growth point of the company

in the current consumer electronics market, the penetration rate of double glass fuselage in first-line brand customers has been rising; At the same time, with the promotion of the new technology of double glass fuselage, the processing efficiency of the industry has also decreased; In addition, some vertical industries have new application scenarios of glass cover plate, which also has a significant impact on the fluctuation of production capacity demand of the glass cover plate industry. Therefore, the glass cover plate industry will still be in partial tension in the future

at this stage, keyvia technology starts with glass cover plate processing and upstream glass processing consumables, with a total investment of more than 150 million to strengthen its advantages in the field of electronic glass, which will help the business expansion of the entire keyvia technology group. In the long run, the successful implementation of the two projects will be beneficial to the future development of Capvision technology

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