Saiyi Information (300687. SZ) announced on the evening of July 26th that the company's application to issue convertible corporate bonds to unspecified targets has been approved by the Shenzhen Stock Exchange ChiNext Municipal Committee.
The fundraising prospectus shows that Saiyi Information plans to publicly issue convertible corporate bonds to raise a total amount of no more than 320 million yuan, which will be used to invest in intelligent manufacturing solution upgrading projects and industrial internet cloud platform development projects based on next-generation communication and IoT technology.
Saiyi Information's intelligent manufacturing and industrial internet businesses are currently experiencing rapid growth. According to the company's 2019 annual report, the intelligent manufacturing business achieved a revenue of 264 million yuan in 2019, a year-on-year increase of 79.68%, accounting for 24.58% of the company's revenue, an increase of 8.40 percentage points compared to 2018. The industrial internet field also achieved a breakthrough in commercialization.
Add code to intelligent manufacturing and inject sustainable development momentum
At present, China is in a critical period of normalization of epidemic prevention and control and upgrading of China's manufacturing industry. Intelligent manufacturing has become the main direction of promoting the deep integration of industry and information technology, and improving social production efficiency. Especially with the prominent characteristics of "accelerating innovation through information technology" and "technology penetration and integration", the new generation of industrial transformation is profoundly changing the manufacturing industry.
The prospectus shows that the intelligent manufacturing solution upgrade project will standardize the main business systems such as Production Planning and Scheduling (SAPS), Manufacturing Process Management (SMES), Warehouse Management (SWMS), Quality Management (SQMS), Equipment Operations Management (SEDO), Equipment Integration (SMDC), and Production Digital Intelligent Operations (SMI) to form standard products; At the same time, corresponding industry kits have been developed for various industries such as electronics, machining, PCB, injection molding, and pan home furnishing, forming a business model of "standard products+industry kits+customized services".
It is reported that according to the nature of large top manufacturing enterprises with multiple locations and factories, Saiyi Information usually starts its first project with a single factory as the starting point and replicates it through multi factory promotion; In addition, the manufacturing and modeling enterprises have distinct industry attributes, and the practical experience of the same industry can be refined and developed into products, which can be modular and configurable.
According to the company's performance forecast for the first half of 2020, thanks to the continuous recovery of orders for intelligent manufacturing upgrades and digital transformation by large and medium-sized enterprises after the resumption of work due to the epidemic, as well as the continuous improvement of software product maturity in the company's intelligent manufacturing field, the company is expected to have a revenue of 530 million yuan to 578 million yuan in the first half of the year, an increase of 10% -20.01% year-on-year; The net profit attributable to the parent company was 45 million yuan to 50.7949 million yuan, a significant increase of 272.84% -320.85% year-on-year.
In the future, the implementation of Saiyi Information's "Intelligent Manufacturing Solution Upgrade Project" will inject momentum into the company's sustainable development and further enhance its performance.
Seize the opportunity of industrial internet development and welcome the period of rapid development
The industrial internet is entering an accelerated period of implementation and practice. According to the Industrial Internet Industry Economic Development Report (2020), the economic added value of China's industrial Internet industry from 2018 to 2019 was 1.42 trillion yuan and 2.13 trillion yuan, respectively, accounting for 1.5% and 2.2% of GDP. It is expected that this year, the economic scale of China's industrial internet industry will reach 3.1 trillion yuan, accounting for 2.9% of GDP.
Data shows that Saiyi Information has achieved a breakthrough in commercialization by continuously increasing investment in the industrial internet field. Through co creation with leading customers in the industry, multiple practical application cases of mature implementation of intelligent sensors, intelligent gateways, and industrial internet platforms have been constructed.
For the continued research and development projects of the industrial internet cloud platform, the company stated that it mainly focuses on comprehensively improving the functional architecture of the company's current industrial internet cloud platform, while actively exploring and practicing the integration of new generation communication and IoT technologies such as 5G and AIOT in industrial scenarios, further expanding industry application scenarios, and striving to build the industrial internet device management cloud platform into a new profit growth point for the company, Enhance the comprehensive competitiveness of the company.
As a leading enterprise level digital and intelligent manufacturing comprehensive solution provider in China, Saiyi Information has established friendly cooperative relationships with high-quality customers such as Huawei Technology, Midea Group, China Resources Group, Shennan Circuit, Libai Group, Nature Home, and Shiyuan Co., Ltd.
Focusing on the core business of intelligent manufacturing and industrial internet, Saiyi Information is expected to seize the market opportunity and usher in a period of rapid development by issuing convertible corporate bonds, increasing investment in intelligent manufacturing, expanding investment in industrial internet research and development, and enhancing its advantages in independent products and technological barriers. With the support of national policies and industrial development trends, Saiyi Information is expected to seize the market opportunity.
