Innovation research and Development set the first Yanggu Huatai to create a segment industry leader

As the world's largest rubber anti-Coke CTP manufacturer of Shandong Yanggu Huatai Chemical Co., Ltd. Gem IPO will be on July 26. "Always put the independent innovation and technology research and development in the first place, each year 4% of sales revenue into research and development, with the industry's only enterprise-oriented national Technical Research Center."　　"Yanggu Huatai is relying on its strong research and development capabilities, independent innovation and continuous innovation ability to create a segment of the industry's leading." According to the prospectus, Yanggu Huatai's main business is the development, production, sales of rubber additives, the existing products mainly include rubber coke-proof agent CTP, accelerator NS and plasticizer A and other rubber additives products.　　From 2007 to 2009, the company's net profit was 15 million, 17.56 million and 27.83 million respectively, and 2009 earnings per share was 0.62 yuan. It is understood that rubber additives are the basis of modern rubber industry, the new material industry in the high-end field, research and development capabilities, independent innovation and continuous innovation ability requirements. Prospectus shows that Yanggu Huatai technology research and Development for the Entrepreneurial Foundation, after nearly 10 years of growth has formed a strong research and management team, and has a large number of independent intellectual property rights of the domestic and international leading product technology, mainly engaged in all products from the independent research and development of the core technology, scientific research to transform the ability　　The company has or declared 25 patents, 11 scientific and technological achievements through the identification of scientific and technological achievements, of which 7 technology ranked the international leading level, 4 technology in the domestic leading level. Rubber additives industry has great potential for development. The consumption of rubber additives generally accounted for about 5% of the consumption of rubber. 2008, the global plastic consumption of about 22 million tons, based on the calculation, the global rubber additive annual demand about 1.1 million tons, is expected to 2010 world rubber consumption will reach 24.5 million tons, the corresponding rubber additive demand will reach 1.23 million tons. At the same time, in recent years, the rapid development of the domestic automobile industry has led to the rapid development of rubber tyre industry, experts predict the 2010 rubber industry will continue to increase the speed of about 10%.　　In the next few years, China's rubber additives industry annual growth rate of 10% to 15%, the company's products have a broad development prospects. The prospectus shows that Yanggu Huatai's core products in the past three years the domestic market share of the CTP is always maintained at a high level of about 59%, the leading position is stable, with the new 5000 ton production line input, leading position will continue to be maintained; At the same time, the company plasticizer a product technology further optimization, product quality continuously improve , the product was recognized by the market, the market share of the rising trend, the 2009 domestic market share reached 20%.　　According to the "China rubber additives industry Science and Technology Development Report" (2009) statistics, Yanggu Huatai is currently the world's largest rubber coke-proof agent CTP manufacturer. The company intends to issue 15 million shares, raise capital of 168 million yuan annual output of 15000 tons of rubber agent M clean production technology development and other 3 projects. The company said that the fund-raising investment projectPrepare a good profit prospects, according to the Feasibility study report, estimated annual output of 15000 tons of rubber promoter M clean Production technology development project and annual output of 10,000 tons of pre-dispersed rubber Masterbatch project production, will increase the annual business income of 484 million yuan,　　Net profit of 30.3009 million Yuan, the company's overall profitability will be further enhanced. It is noteworthy that all shareholders of the company have unanimously pledged not to transfer or entrust others to manage their shares within 36 months from the date of the company's listing and not to repurchase the shares by the company. It can be seen that the company's shareholders in the company's development prospects placed high expectations.