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When will Jin Tuo be listed?
On July 25th, Jin Tuo shares were listed on the main board of Shanghai Stock Exchange.

Jin Tuo Company is mainly engaged in research and development, production and sales of aluminum alloy precision die castings. Relying on the advanced technology and manufacturing technology in the fields of die casting, mold design and machining, the company has formed a diversified product structure, mainly focusing on auto parts, as well as smart home parts, industrial automation and robot parts, and information transmission equipment parts.

According to the prospectus, the controlling shareholder of the company is Zhituo Investment. Before this issuance, the actual controller of the company was He He, who directly or indirectly controlled 65,438+000% of the voting rights of the issuer. After the completion of this issuance, He He remains the actual controller of the company. It is mainly used for "intelligent automobile parts production project", "R&D center construction project" and "supplementary liquidity".

Jin Tuo Co., Ltd. said that the company will take this listing as an opportunity to continuously optimize its governance structure, build its unique core competitiveness in R&D capability, product quality and customer base through the implementation of various business strategies, and strive to become an auto parts manufacturing enterprise with independent innovation capability and maintain its leading position in China.

The product structure of Jin Tuo Company is mainly auto parts, which are the core business of the company, accounting for 65.75%, 67.25% and 765,438+0.58% of the main business income in the same period respectively. The gross profit margin of main business is 22.34%, 23.23% and 20.23% respectively. It can be found that 20 19 and 2020 are relatively stable.

202 1 The price of aluminum, the company's main raw material, continues to rise. Although the company actively negotiated with customers and adjusted the product price after quarter or half a year according to the changes of raw material prices, due to the lag of price adjustment, the company's operating costs increased and its gross profit margin decreased in the short term, so the company's gross profit margin in this period decreased by 3.00% compared with 2020.