On March 4, Mulinsen (002745) released 11 announcements in succession. Applying for corporate bonds, bank credit, and 3 billion yuan to build a copper-clad board project. At the beginning of the new year, Mulinsen continued to expand the scale of the LED scale.
"Mulberry Forest CCL Production Project Cooperation Framework Agreement"
The 6th meeting of the third board of directors passed the “Proposal on Signing the Cooperation Framework Agreement for the Mulinsen CCL Production Projectâ€, and agreed to sign the cooperation framework of the Mulinsen CCL production project with the Management Committee of Jinggangshan Economic and Technological Development Zone of Ji'an City, Jiangxi Province. Agreement, and the cooperation agreement is submitted to the general meeting of shareholders for consideration and approval.
Mulinsen will invest in the construction of CCL production project in Jinggangshan Economic and Technological Development Zone: the project is mainly engaged in R&D, production and sales of copper clad laminates for circuit boards; the total planned investment is 3 billion yuan. The land for the project is located in the eastern part of Jinggangshan Economic and Technological Development Zone with a land area of ​​about 800 mu.
CCL is also known as the substrate. A plate-shaped material obtained by immersing a reinforcing material in a resin and coating a copper foil on one or both sides and hot pressing is called a copper-clad laminate. It is the basic material for making PCBs.
At present, PCB is mainly used for lighting, packaging and power supply. Especially the demand for LED display has increased rapidly this year. The growth of COB and other packaging market is generating demand for PCB market.
After the Spring Festival, with the resumption of labor replenishment, the continued shortage of copper foil and the price increase of glass fiber, the CCL industry has ushered in a new round of price hikes after several rounds of price increases last year.
On February 15th, Jianye Laminate issued a notice to increase the price of all plates by 10%. The 10% markup, calculated at the price of 2016, is equivalent to the price adjustment of the unit price of 15-18 yuan, which is quite obvious compared to the price of 2016.
The price of CCL is still in a clear rising channel. Every time there is a slight increase in cost, it will be quickly transferred to the downstream, and the profit margin in the industry has been hitting a new high.
The price increase is not only a factor at the supply level, but also the demand is moving up. In the process of high-end migration of automobiles, home appliances, mobile phones and other markets, the demand for PCBs is also increasing, and the overall trend is upward.
For Mulinsen, the future huge packaging and lighting capacity must rely on a strong, stable and cost-effective supply chain system to protect. At present, self-sufficiency is undoubtedly one of the best ways.
In addition, other announcements include:
I. Reviewed and passed the “Proposal on the Company's Compliance with the Conditions for Public Issuance of Green Bondsâ€. In order to broaden the company's financing channels, optimize the debt structure, and meet the company's capital needs, the company intends to apply for a public offering of no more than RMB 2 billion (including RMB 2 billion). ) green bonds.
2. The “Preparation on the Company's Conditions for Non-Public Issuance of Corporate Bonds†was reviewed and approved. In order to broaden the company's financing channels, optimize the debt structure, and meet the company's capital needs, the company intends to apply for a non-public offering of no more than RMB 2 billion (including 20). 100 million yuan of corporate bonds.
III. Reviewed and passed the “Proposal on the Company's Proposal to Borrowing and Related Transactions of Controlling Shareholdersâ€. As the company's business develops rapidly and supplements the company's working capital, the company (including its subsidiaries) intends to be the actual controller and controlling shareholder Mr. Sun Qinghuan. The loan does not exceed RMB 800 million.
4. In support of the company's development, Mr. Sun Qinghuan, the controlling shareholder, intends to provide bank credit guarantees to the company and its subsidiaries and wholly-owned subsidiaries. The total amount of bank credit guarantees is estimated to be no more than 8.5 billion yuan, and the relevant personnel are authorized to handle the relevant guarantee procedures. Mr. Sun Qinghuan provided the bank with a credit guarantee for the company as a free guarantee and did not charge any fees to the company.
HD Slip Ring is an electromechanical device. It allows the transmission of power and signals from a stationary to a rotating structure. It consists of an electrically conductive rotating ring, with one or more stationary contacts. They are called "stations" or "spokes". Electrical signals (power and/or data) are transmitted through the slip ring. This is done by means of brushes that make contact with the ring.
It is typically used where there is a need to rotate one object relative to another. Especially for passing power and/or signals from the stationary object to the rotating object.
Regarding it's application in conjunction with other equipment, we'll need high-quality production. Oubaibo uses components imported from the United States and high-frequency signal processing. Which has the characteristics of small size, lightweight, good insulation performance, stable transmission, and so on. Its unique design makes it an ideal choice for many applications.
Hd Slip Ring,Slip Ring Power,Fiber Optic Slip Rings,Small Slip Rings
Dongguan Oubaibo Technology Co., Ltd. , https://www.sliprobs.com