Tianma New Materials Bei Stock Exchange IPO has passed, your mobile phone may use the materials produced by its home

[Dahe Daily · Dahecai Cube] (Reporter Zhang Keyao intern Liu Jiahui) On July 29, the Beijing Stock Exchange (hereinafter referred to as the Bei Stock Exchange) listed committee of the 8th review meeting of 2022 announcement, Henan Tianma New Material Co., Ltd. Co., Ltd. (The following referred to as the new material of Tianma) meets the issuance conditions, listing conditions and information disclosure requirements. The first listed company in Shangzhou Shang District in Zhengzhou may be born.

Tianma New Materials is mainly engaged in the research and development, production and sales of high -performance fine aluminum oxide powder. The application of fine aluminum oxide powder is covered with integrated circuits, consumer electronics and other fields. The prospectus shows that Tianma New Materials plans to raise 377 million yuan, which will be used for construction projects such as electronic ceramic powder material production bases.

The first listed company in Shangzhou City, Zhengzhou City, or was born

In the second half of 2022, Henan Capital Market Goodwill. On July 20, to the first meeting of Ou Home Furnishing Technology Co., Ltd.. As the second company in Henan in the second half of the year, Tianma New Materials is located in the Shang District of Zhengzhou City, and is expected to become the first listed company in the Shanghai District.

据招股说明书，天马新材主营的精细氧化铝粉体是生产电子陶瓷器件、电子玻璃、锂电池隔膜、高压电器、晶圆研磨抛光材料等产品的重要基础材料，具备绝缘、耐高温、高The characteristics of thermal conductivity and stability of chemical performance, terminal applications cover integrated circuits, consumer electronics, electrical engineering, electronic communications, new energy vehicles, tablet display, photovoltaic power generation and other fields.

In the report period (Note: 2019 to 2021), the main business revenue of Tianma New Materials was 104 million yuan, 110 million yuan, and 207 million yuan, respectively. Tianma New Materials said that in 2021, the company's main business revenue increased by 87.93%year -on -year, mainly because of the demand for downstream electronic ceramics, high -voltage electrical appliances, electronic glass and other fields. At the same time, the company's new production equipment was put into use and increased the speed of production response.

In 2020 and 2021, Tianma New Materials has been approved by the new "Little Giant" enterprise and the first batch of national specialized "little giants" enterprises. In November 2021, Tianma New Materials was selected as the "Manufacturing Single Champions Demonstration Enterprise" identified by the Ministry of Industry and Information Technology and the China Industrial Economic Federation.

Raising 377 million yuan for production capacity expansion and research and development center construction

The prospectus shows that Tianma New Materials plans to raise 377 million yuan for the construction project of electronic ceramic powder material production bases, high -heat -filled mixing material production and construction projects, functional material research and development centers, and supplementary funds.

The electronic ceramic powder material production base construction projects needed 170 million yuan, and the required amount was the largest of all projects. Tianma New Materials said that the powder material for electronic ceramics is the company's core product. At present, the company has a large -scale production capacity. The construction of this project will further expand the production capacity of powder materials for electronic ceramics to meet the strong downstream needs.

It is understood that electronic ceramic devices have high requirements for size accuracy, insulation, strength, density and other indicators, long and complex production processes, and forming higher barriers in materials, process, equipment and other aspects. Data released by Guanyan World shows that the global electronic ceramic market has a steady increase in the development and application scope of the scale of the scale of the global electronic ceramic market, reaching US $ 24.14 billion in 2019.

According to Tianma New Materials, the powder materials represented by fine alumina for aluminum are the main materials in some electronic ceramic powder formulas. Electronic ceramic device suppliers, expanding production capacity will increase the company's product market share, break the monopoly in the field of electronic ceramics, and ensure the security of the downstream electronic ceramic industry.

Revenue growth lays the foundation for the expansion of R & D investment

According to statistics from the International Aluminum Association (IAI), the output of fine aluminum oxide in China in 2005 was 991,000 tons, the output of 2021 exceeded 3.755 million tons, and the compound growth rate from 2011 to 2021 was 15.68%.

Tianma New Materials said that the domestic fine aluminum industry started late, and local companies represented by the company overcome the difficulty of fine aluminum production technology through independent research and development. During the reporting period, the company has always paid more attention to R & D investment. R & D investment generally shows an increasing trend. R & D investment amount matches the company's business development. In the future, R & D investment will be gradually increased to ensure that the company's products maintain core competitiveness.

However, the proportion of R & D investment in Tianma New Materials has declined year by year. During the reporting period, the R & D investment of Tianma New Materials was 4.8794 million yuan, 4.681 million yuan, and 7.158 million yuan, respectively, accounting for 4.36%, 4.22%, and 3.44%of operating income.

Tianma New Materials explained that the proportion of R & D investment in 2021 declined, mainly due to the rapid growth of the company's revenue in 2021, and the growth rate of R & D investment was less than the growth rate of income.

The prospectus shows that Tianma New Materials continues to help the development of important basic materials in the field of cutting -edge applications, and has successively developed fine alumina for the production of electronic ceramic substrates, electronic glass, lithium battery diaphragm, high -voltage electrical appliances, wafer grinding and polishing fluid Powder.

Tianma New Materials also cooperated with the Institute of Process Engineering of the Chinese Academy of Sciences to establish the "Institute of Process of the Chinese Academy of Sciences-Tianma Functional Materials R & D Center". As of the end of 2021, Tianma New Materials and its subsidiaries actually had 34 patents, including 3 invention patents and 31 practical new models.

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