Today (October 13), Oriental Materials New Materials Co., Ltd. (hereinafter referred to as "Oriental Materials") (stock code: 603110.SH) is officially listed.
According to public information, Oriental Materials is a domestic leading company specializing in the production of inks and adhesives. Over the years, it has gradually formed a product line with environmentally-friendly packaging inks, composite polyurethane adhesives and PCB electronic inks, and it has been manufacturing, selling and servicing around it. Launched business, the products are widely used in food packaging, beverage packaging, pharmaceutical packaging, cigarette packaging and electronic products.
The prospectus shows that the operating income of Oriental Materials in the first half of 2017, 2016, 2015, and 2014 were: 181,757,511.10 yuan, 387,444,515.85 yuan, 375,722,654.84 yuan, and 383,894,899.29 yuan. Net profits were: 21,771,977.64 yuan, 61,047,929.89 yuan, 63,613,603.89 yuan, and 55,856,670.17 yuan.
Dongfang Materials' prospectus shows that the investment projects raised by the fundraising are as follows:
Dongfang Material said that after the raised funds are used for other main business-related working capital, it is expected to obtain new profit growth points in the field of electronic ink, and the gradually enriched product line will make the company's overall operation more stable and healthy.
Public information shows that ink is an important material for printing and is widely used in the production of newspapers and magazines, packaging and decoration, building decoration, and electronic circuit boards and other products. Among them, Oriental Materials ink products mainly involve the cross-cutting fields of packaging inks and environmentally friendly inks. With the gradual increase of green, health and social environmental awareness and the continuous improvement of environmental protection supervision, the environmental protection of packaging ink products has become the industry development trend. The polyurethane inks produced by Dongfang Materials are widely used in the field of flexible food packaging, and are one of the leading environmentally friendly packaging ink manufacturers in the country. Among them, the PCB electronic ink, one of the company's main businesses, is applied to printed circuit boards, which plays the role of insulation, solder mask, marking, shielding and protection.
In addition, Dongfang Materials mainly produces composite polyurethane adhesives, which are used in the production of composite flexible packaging together with environmentally friendly packaging inks, specifically for the production of composite films.
With the call of the state and society to promote a low-carbon economy and promote green development, the production and use of green products are increasingly becoming the consensus of major manufacturers. In the future, environmentally friendly inks and environmentally friendly adhesive products may become the mainstream of market development.