Liugong successfully issued convertible bonds to "precisely irrigate" construction machinery with capital
April 21, 2023
April 20，Guangxi Liugong Machinery Co Ltd（Hereinafter referred to as：Engineer Liu）Convertible bonds with a total fund-raising scale of 3 billion yuan——“Liugong Zhuan 2”（127084.SZ）Successfully listed。As of the close，“Liugong Zhuan 2”It closed at 119.995 yuan，Up 20%。
This year marks the 30th anniversary of Liugong's listing.，“Liugong Zhuan 2”It has attracted much attention from the capital market.，The preferential allotment proportion of the original shareholders is 48.18%。A total of 1 shares were issued to public investors.,554,529,000 yuan（15,545,290），The total subscription amount is as high as 10.51 trillion yuan。
Investors favor“Liugong Zhuan 2”，The first core logic is the substantial improvement of Liugong's business fundamentals.。2022，Engineer Liu insisted on“Full internationalization、Fully intelligent、A comprehensive solution”Strategy is the guide，“Profit growth、Business growth、Ability growth”As the main line of operation，Comprehensively deepen the reform of mixed ownership，Operating performance growth outperformed the industry。This year 1- February ，Engineer Liu wins“A good start”Tough battle，Operating income increased by 14% year-on-year.85%，Net profit attributable to shareholders of listed companies increased by 31..25%，The annual revenue is over 30 billion yuan.、Profit recovery growth has laid a solid foundation.。
The second core logic is optimistic about Liugong's strategic transformation and long-term investment value.。At present，Construction machinery industry is ushering in a new round of technological and industrial revolution.，Intelligent、Digitize、Low-carbon transformation“The arrow is on the string”。Engineer Liu grasps the pulse of the times.，Continuously deepen the implementation“Fully intelligent”Strategy，The 3 billion yuan raised this time will be used：Liugong Excavator Smart Factory Project、Liugong Loader Intelligent Transformation Project、Zhongyuan Hydraulic Business New Factory Planning and Construction Project、Construction machinery frontier technology research and development and application projects and supplementary liquidity。
Deepening the implementation“Fully intelligent”On the road of strategy，Liugong regards intelligent manufacturing as the main direction of high-quality development.，Invest 1.4 billion yuan in the Excavator smart factory project，To improve the data support business.，Achieve comprehensive intelligent manufacturing，And accelerate the push for big data、Industrial Internet、Intelligent、New Energy、Application and promotion of cloud computing and other cutting-edge technologies in the field of construction machinery。It is estimated that，After Liugong Excavator Intelligent Factory is put into full operation，It will double the production capacity of medium and Large Excavators。
Loader is one of the core products of Liugong.，Its domestic market share and global sales have won the industry.。Liugong insists on strengthening, optimizing and expanding its core business.，The project of intelligent transformation of loaders raised this time，It is expected to greatly improve the intellectualization of loader production links.、Digitize、Low carbonization level，Realize independent production of core components，And consolidate the competitiveness and market leading position of the loader business.。
Zhongyuan Hydraulic Business New Factory Planning and Construction Project intends to fully relocate the hydraulic accessories business of Zhongyuan Machinery to Liugong International Intelligent Industrial Park.，Deep collaboration with projects in the park such as the excavator smart factory project，Reduce logistics costs，Form industrial clusters，Improve the self-sufficiency rate of spare parts。After the completion of the project and full production,，It can effectively improve the intelligence and modernization level of Zhongyuan Mechanical Hydraulic Accessories Factory.，It is expected that the production capacity will increase by about 3% as compared with the end of 2021..More than 5 times。
