Guangdong Feilun Technology Co., Ltd. (hereinafter referred to as “Flywheel Technologyâ€) recently disclosed the prospectus on the website of the China Securities Regulatory Commission. The company plans to publicly issue 25 million shares on the Shenzhen Stock Exchange, and plans to raise 280 million yuan to invest in toy production bases and marketing networks. Brand Promotion. It is understood that the sponsor of the IPO of this technology is Guangzhou Securities.
According to the data, Flywheel Technology is a toy manufacturing enterprise integrating toy development, production and sales. It focuses on the R&D, production and sales of remote control aircraft, remote control vehicles, remote control boats, electric toys and plastic toys. Among them, the sales of remote control toys accounted for more than 60% of operating income, which is the main source of operating income and profits.
In 2014-2016 and January-June 2017, Fahrenheit realized revenues of 366,879,100 yuan, 398,185,300 yuan, 403,191,100 yuan and 162,172,000 yuan, and net profit for the same period was 3,316,800 yuan, 41,235,900 yuan, 32,231,900 yuan. And 9,944,100 yuan.
During the reporting period, the sales revenue of Fahrenheit technology products was 241,647,700 yuan, 294,784,200 yuan, 270,132,000 yuan and 10,0110,000 yuan, accounting for 65.87%, 74.04%, 66.88% and 61.67% of the main business income in the same period. The export destinations are the United States, Australia and other countries and regions.
Flywheel Technology said that the company's toy sales are greatly affected by holiday factors such as Christmas and Easter abroad. Foreign dealers usually increase the amount of toys purchased before the holiday season. The company's sales in the second half of the year are larger than the first half.
Flywheel Technology also hinted at the company's risk of concentration of sales customers. According to the prospectus, during the reporting period, the sales revenue of the top five customers of the company accounted for 43.42%, 46.88%, 57.91% and 44.37% of the main business income of the current period.
The reporter also noticed that Flywheel Technology and its subsidiaries and subsidiaries leased a total of 7 buildings and buildings, of which 2 leased properties have not yet obtained the property ownership certificate. They are Fengxin Industrial Zone, Fengxin 2nd Road, Fengxiang Street, Chenghai District, Shantou City, and Fengxin Industrial Zone, Fengxin 2nd Road, Fengxiang Street, Chenghai District, Shantou City. They are all used in production workshops.
In terms of shareholding structure, Cai Shaoyang and Yang Yuzhen both held a total of 56.189 million shares of Flywheel Technology, accounting for 74.92% of the total share capital, which is the controlling shareholder and actual controller.
The Chinese and foreign toy nets have learned that the current domestic toy listed companies include Aofei Entertainment, Xinghui Entertainment, Qunxing Toys, Gaole Shares, Converse Culture, Bangbao Puzzle, and Shifeng Culture. If Flywheel Technology is successful, it is expected to become the 8th A-share listed company.
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