CIC Project: Huili Technology Taking an alternative strategy of high price import

Public private equity fund rushed to Marin CIC Securities sponsored by the Chuan Technology (300124. SZ) a solo show, no matter whether the market or not, it continues upward.　　Although Chuan technology will be listed twists, but its investment project is very imaginative. Originally April 30, the meeting was temporarily cancelled on the same day because the prospectus did not disclose in detail the monarch acquisition of the technology.　　Until July 27, the technology was renewed and eventually passed.　　But to participate in the IPO pricing report of CITIC Investment White Rock said that two times will not become the technical value of the decision of the barrier, historical problems have been resolved, now should be concerned about its main products and investment projects.　　The prospectus disclosed that the main products of Huili technology are low-voltage inverter, integration and special plane, servo system, programmable logic controller and optional accessories, mainly used in elevator, metal products, wire and cable, printing and packaging Process Control fields.　　Bai Yan told the Financial weekly reporter, the inverter is mainly divided into high voltage and medium and low voltage frequency conversion, Huili technology production of low-voltage frequency conversion products, mainly used in close to the end of the industrial consumption field, the product process and design requirements higher. At present, the high-end field of medium and low voltage inverter is mainly foreign manufacturers such as Siemens Monopoly, domestic manufacturers due to the production process, product performance and other disadvantages are not enough and foreign manufacturers direct competition, but in the domestic manufacturers compete to adopt low-cost strategy.　　On the contrary, the technology in product performance and industrial design and foreign manufacturers directly, by providing similar performance products, maintain a higher product prices. Hui Chuan Technology Dong Song June said, the company's products are higher prices, mainly because the product performance has far more than domestic similar products, to go is the import substitution strategy.　　The level of Sichuan technology rivals also confirms Song June's competition strategy for high-end products, and it is understood that its competitors include international brands such as ABB, Yaskawa and Mitsubishi. Another reason to help Bai Yan to take an import substitution strategy is that most of its executives have worked in the top foreign companies in the industry, giving them an edge in technology research and development and market development, says the company.　　Data show that the 6-member Chuan Technology directors have all served in Huawei Electric and Emerson.　　Based on the full understanding of technology and market, Huili technology further development of the main business, with the fund-raising of 290 million yuan to high performance inverter, elevator integrated control system, High-performance servo system, rare earth Permanent magnet synchronous motor direct drive system and other products. Excellent products and import substitution strategies are also favored by investors. Huili Technology September 28, coincides with the last few days of the three quarter. From the three quarterly bulletin can be seen, from the date of listing within a short period of 3 days, Hui Fu, Invesco Great Wall of the fund and a number of private-equity products Marin, almost occupy the full seat of the circulation of shares.