Two important industrial funds participated in the 1 billion fixed increase

category:Finance
 Two important industrial funds participated in the 1 billion fixed increase


According to the data, general technology group is a wholly state-owned company established on the basis of four enterprises directly under the Ministry of foreign trade and economic cooperation. At present, it is focusing on the development of three core businesses: advanced manufacturing and technical services, medicine and health care, trade and engineering contracting; the national manufacturing transformation and upgrading fund was established by several shareholders such as the Ministry of Finance and China Development Finance, which is another country after the integrated circuit fund Duda fund and Xiaomi Changjiang industrial fund are mainly engaged in equity investment in intelligent manufacturing, industrial robots, advanced equipment and semiconductors.

This time, Easton plans to raise about 1 billion yuan from the three war investment companies. The specific project situation is shown in the following figure:

According to Yuan Qin, the first two projects are mainly for the purpose of landing the German CLOOS project in Nanjing. The company is very confident in the integration of CLOOS. The integration effect of the companys international M & A should reach or even exceed expectations. The companys third and fifth raised investment projects are to develop collaborative robots for industry, service and application in the medical industry. The company has just been involved in this project, but it believes that this is the future development direction and the future development focus of the company.

However, the reporter of the science and technology innovation board daily also noted that the revenue and net profit attributable to the parent company of Easton in 2019 were 1.421 billion yuan and 66 million yuan respectively, down 2.71% and 35.04% year-on-year; in the first quarter of this year, the revenue and net profit attributable to the parent were 229 million yuan and 14 million yuan respectively, both down nearly 30% year-on-year.

In this regard, Yuan Qin said that the decline in performance last year was due to the companys initiative to give up part of its system integration business to ensure normal cash flow and control risks. In the future, the most important thing for the company is to do automation core components and robot body. In the first quarter of this year, the companys orders were OK, but in February, due to the logistics problems caused by the epidemic, it was unable to deliver the goods and confirmed the revenue, and it has gradually returned to normal since March. The companys order growth in the second quarter is good, and has confidence in the later growth.