According to the data, Mingke Seiki raised 507 million yuan this time, which was mainly used for Qingyuan Mingke Automobile (New Energy) Parts Industry Base Project, R&D Center Construction Project and supplementary working capital. The implementation of the fundraising project will further consolidate and expand the market share of the company's main products and enhance the company's comprehensive competitive advantage.
Self-management ability is steady, and actively explore lightweight molding technology.
Thanks to the continuous development of policies and new energy vehicle technology, new energy vehicles around the world have developed rapidly. The output of new energy vehicles in China increased from 840,000 in 20 1 1 to 3.52 million in 20021,with a compound annual growth rate of 79.75%. The development of new energy automobile industry will effectively promote the technical upgrading and demand growth of automobile mold industry.
According to the prospectus, from 20 19 to 20021year, Mingke's operating income was 745 million yuan, 732 million yuan and 856 million yuan respectively, and its net profit was 89.3 million yuan,/kloc-0.07 million yuan and 95.93 million yuan respectively, showing good profitability on the whole.
Since 20 16, Mingke Precision Technology has been actively exploring and storing technologies such as lightweight molding technology and high-strength material molding technology that meet the needs of new energy vehicles. By the end of 2020, the company has established business cooperation with new energy automobile enterprises or industrial supporting enterprises such as Sibeng Automobile and Funeng Technology. At present, the company has become a first-class supplier in Xpeng Motors, and has successively won several fixed-point project contracts in Xpeng Motors to provide molds, instrument panels and door parts for its new energy vehicles. The company's advance layout in the field of new energy vehicles will win greater development opportunities for the company.
As the manufacturing level of domestic auto parts industry is gradually recognized by global manufacturers, orders from all over the world will rise sharply in the future, which will bring development space for auto parts production industry. With its own technology and production strength, as well as the established stable cooperation mode, the company is expected to further establish closer cooperation and in-depth development with leading first-class manufacturers in the industry, and enhance the company's business volume and reputation in the industry.
The rich database of material properties greatly reduces the production cost of metal structural parts.
In the design and production of traditional metal structural parts, due to the lack of accurate theoretical model of material forming, traditional material forming methods are easy to exceed the theoretical limit of material deformation and lead to quality problems such as wrinkling and cracking. In order to avoid forming failure, under the traditional method, designers tend to use stamping materials with higher structure and deformation performance. Under this method, the actual deformation of the material may be more redundant than the theoretical deformation limit, and the unnecessary production cost will increase because of the use of materials with higher performance and price.
According to the material laboratory, production practice and CAE analysis, Mingke Seiki established a database of performance parameters of different types and models of materials, covering the main parameters that affect the deformation properties of materials, such as yield strength, tensile strength, yield elongation, hardening index and anisotropy coefficient.
For the materials used in production and possibly used in the future, Mingke Seiki has formed a rich database of material performance parameters, covering more than 6,000 different materials. Based on the material deformation theory and production practice, the company established the limit deformation models of different materials in the process of blanking, stretching, bending and bulging, and obtained the limit deformation coefficients of different materials. Based on material deformation performance parameters and ultimate deformation model, combined with CAD and CAE platforms, the company realized the digitalization of metal structural parts process design, which greatly improved the design efficiency and effect.
Attach great importance to R&D investment and persist in innovation-driven development.
Since its establishment, the company has attached great importance to R&D investment and insisted on innovation-driven development. At present, the company has established a product design and precision mold research and development platform centered on CAD3D design system, CAE simulation analysis system, standard parts/standard modules/material parameters/typical mold structure/molding equipment database, first trial/small trial/pilot test platform and precision test laboratory, and has high-performance high-speed machining center, three-dimensional measuring instrument, blue source measuring scanner and other high-end equipment.
According to the prospectus, during the reporting period, the R&D expenses of Mingke Seiki were 32.8372 million yuan, 32 1.504 million yuan and 37.2583 million yuan respectively, and the overall R&D investment maintained a good growth trend.
In addition, in order to shorten product design and production cycle, ensure product quality and reduce production cost, Mingke Seiki has established a standardized system for mold parts and functional modules. According to the function of parts, all the parts involved in mold production are divided into different series. For the same series of parts, a unified production standard is designed, and for the new model parts, only one or several parameters can be fine-tuned on the basis of the standard series. In addition to the standardization system of parts, Mingke Seiki also built a general standard module library with different function combinations, which is convenient for direct call in mold design and production.
In recent years, Mingke Precision Technology has made continuous innovation in product design and mold technology by using the platform of product design and precision mold research and development. Product development ability, mold quality and performance have been highly recognized by customers, providing technical support for the company's mold business and metal structure business.