Qiaofeng intelligent fundraising expansion, domestic industrial mother-machine market space is broad

With its excellent technology research and development ability, Qiaofeng intelligence has provided higher quality CNC machine tool equipment for all walks of life, and won wide recognition in the market. During the reporting period, the number of orders for Qiaofeng smart products continued to rise, and the products were highly recognized by downstream customers, with a cumulative sales of more than 4,000 customers. According to the prospectus, from 2021 to 3023, the capacity utilization rate of the vertical machining center of the company’s main 1786-RPFRXL products was 119.72%, 103.93% and 96.48%, respectively, and the capacity utilization rate was maintained at a high level.

In order to meet the continuous growth of market demand, Qiaofeng Intelligence plans to raise 1.355 billion yuan for the construction project of CNC equipment production base, research and development center construction project and supplementary working capital. The investment of raised funds will give full play to the advantages of the company’s existing core technology, further improve the research and development conditions, build a new high-grade CNC machine tool production line, and improve the production scale.

1786-RPFRXL

At present, China is in the stage of industrial structure adjustment and upgrading, with the continuous upgrading and development of downstream industries, the requirements for machine tool processing accuracy and stability are becoming higher and higher, and the demand for high-end products is becoming increasingly prominent. Zheshan Securities research report said that China’s machine tool industry is large but not strong, high-end machine tools rely on imports, in recent years, the average amount of CNC machine tool imports of about 3 billion US dollars, high-end CNC machine tools self-sufficiency rate of less than 10%, the future domestic high-end machine tools market space is broad. With the development of “China’s intelligent manufacturing”, CNC machine tools will inevitably grow together with high-end manufacturing industries such as new energy vehicles, intelligent equipment, and aerospace, and achieve 1786-RPFRXL mutual achievements.

After more than ten years of development, Qiaofeng intelligent with strong market competitiveness and adaptability, around the CNC machine tool high-speed, high precision, high efficiency, high stability, high reliability and other goals, has been among the mainstream CNC machine tool manufacturers industry. The successful registration of the IPO will further consolidate the company’s leading position in the field of intelligent manufacturing, lay a solid foundation for the future development of the company, help the high-quality development of China’s CNC machine tool industry, and contribute to the realization of the strategic goal of manufacturing power.