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SIE: Convertible bonds passed the review, raising funds to increase the core business of intelligent manufacturing and industrial interconnection
Company News|2020-07-29|News Center|SIE
头条资讯

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SIE (300687. SZ) announced on the evening of July 26 that the company's application to issue convertible corporate bonds to unspecified objects was approved by the Shenzhen Stock Exchange GEM Municipal Committee.

According to the fundraising prospectus, SIE Information plans to publicly issue convertible corporate bonds this time to raise funds of no more than 320 million yuan, which will be used to invest in upgrading projects of intelligent manufacturing solutions and continuing research and development projects of industrial Internet cloud platforms based on new generation communication and Internet of Things technology.

SIE's intelligent manufacturing and industrial Internet businesses are currently growing at a high speed. According to the company's 2019 annual report, in 2019, the intelligent manufacturing business achieved revenue of 264 million yuan, a year-on-year increase of 79.68%, accounting for 24.58% of the company's revenue, an increase of 8.40 percentage points over 2018, and the industrial Internet field also achieved a breakthrough in commercialization.



业内人士观点

If the project invested by SIE raised funds can be successfully implemented, it will further enhance the company's capability of intelligent manufacturing solutions. At the same time, it will strengthen the industrial Internet access, expand the industrial application scenarios, cultivate new growth drivers, and improve the company's comprehensive competitiveness.


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Intensify intelligent manufacturing and inject sustainable development momentum




Intensifying intelligent manufacturing and injecting sustainable development momentum. Currently, China is in a critical period of normalizing epidemic prevention and control and upgrading its manufacturing industry. Intelligent manufacturing has become the main direction for promoting the deep integration of industry and information technology, and improving social production efficiency. Especially the new generation of industrial transformation characterized by "accelerated innovation of information technology" and "technology penetration and integration" is profoundly changing the manufacturing industry.

According to the prospectus, the intelligent manufacturing solution upgrade project will standardize major business systems such as Production Planning and Scheduling (SAPS), Manufacturing Process Management (SMES), Warehouse Management (SWMS), Quality Management (SQMS), Equipment Operations Management (SEDO), Equipment Integration (SMDC), and Production Digital Intelligent Operations (SMI) to form standard products; At the same time, corresponding industry kits will be developed for various industries such as electronics, machining, PCB, injection molding, and home furnishing, forming a business model of "standard products+industry kits+customized services".

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It is reported that according to the nature of large leading manufacturing enterprises with multiple locations and factories, SIE Information usually starts its first project with a single factory and replicates it with the promotion of multiple factories; In addition, manufacturing enterprises have distinct industry attributes, and their practical experience in the same industry can be refined and developed into products that can be modularized and configured.


Industry insiders' opinions

The diversity of equipment operation and maintenance, production processes, scenarios, and customer needs in the manufacturing industry make standardization of intelligent manufacturing products difficult. The business model of "standard products+industry suite+customized services" formed by SIE in the future will undoubtedly accelerate the expansion of intelligent manufacturing business, meet multi-level customer needs and improve profitability.


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According to the company's 2020 semi annual performance forecast, thanks to the continuous recovery of intelligent manufacturing upgrades and digital transformation orders from large and medium-sized enterprises after the resumption of work due to the epidemic, as well as the continuous improvement of software productization maturity in the company's intelligent manufacturing field, the company expects its operating revenue in the first half of the year to be 530 million yuan to 578 million yuan, a year-on-year increase of 10% -20.01%; The net profit attributable to the parent company was RMB 45 million to RMB 50.7949 million, a significant increase of 272.84% to 320.85% year-on-year.

In the future, the implementation of SIE Information's "intelligent manufacturing solution upgrading project" will inject impetus into the company's sustainable development and further enhance its performance.




Seize the opportunity of industrial Internet development to meet the rapid development period




Industrial Internet is ushering in an accelerated period of landing practice. According to the Industrial Internet Industry Economic Development Report (2020), the scale of economic added value of China's industrial Internet industry in 2018-2019 was 1.42 trillion yuan and 2.13 trillion yuan respectively, accounting for 1.5% and 2.2% of GDP respectively. It is estimated that this year, the economic scale of China's industrial Internet industry will reach 3.1 trillion yuan, accounting for 2.9% of GDP.

Data shows that SIE Information has made a breakthrough in commercialization by continuously increasing investment in the industrial Internet field. Through co creation with leading customers in the industry, a number of practical application cases of mature implementation of intelligent sensors, intelligent gateways and industrial Internet platforms have been constructed. Confirm submission

As for the continued R&D project of the industrial Internet cloud platform, the company said that it mainly focused on the comprehensive improvement of the functional architecture of the company's current industrial Internet cloud platform, and actively explored and practiced the industrial Internet integration application of 5G, AIOT and other new generation communication and Internet of Things technologies in the industrial scene, further expanded the industrial application scene, and strived to build the industrial Internet device management cloud platform into a new profit growth point of the company and improve the company's comprehensive competitiveness.

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As a leading enterprise level digital and intelligent manufacturing integrated solution provider in China, SIE Information has established friendly cooperation relations with high-quality customers such as Huawei Technologies, Midea Group, China Resources Group, Shennan Circuit, Libai Group, Nature Home, and Shiyuan Co., Ltd.

Focusing on the core businesses of intelligent manufacturing and industrial Internet, SIE Information is expected to usher in a rapid development period by issuing convertible corporate bonds, increasing intelligent manufacturing, expanding investment in industrial Internet research and development, and improving the advantages of independent products and technical barriers. With the support of national policies and the trend of industrial development, SIE Information will seize the market first.



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