Build a first class power electronic equipment supplier in China
FGI is about to open stock subscription
Recently, the STAR market will welcome the seventh "new energy industry" and the second "smart grid industry" listed company - Fengguang Electronic Technology Co., Ltd. ( referred to as "FGI", 688663. SH). It is reported that FGI's main business includes R & D, production, sales and service of high-power electronic energy-saving control technology and related products. Its products cover high-voltage dynamic reactive power compensation device (SVG), various high, medium and low voltage inverters, rail transit energy feedback device, special power supply, etc.
The company plans to use the raised funds for the VFDs and SVG development upgrading, R & D of rail transit regenerative braking energy absorption inverter device, R & D of energy storage PCS products, R & D center construction projects, and the rest will be used to supplement the working capital. After this listing, the company will rely on the strength of the capital market, continue to expand its market share, and strive to become a first-class power electronic equipment supplier in China and a leading enterprise in the energy-saving control and power quality management industry.
"State owned assets holding shares + listed companies" make FGI quite popular
Data show that Yankuang Donghua directly holds 51% of the company's equity, the company's direct controlling shareholder. FGI also obtained shares of listed companies. Among them, Shandong hi tech, a subsidiary of Luxin venture capital (600783. SH), holds 10.2861 million shares, accounting for 9.8%. Liou shares (002131. SZ) holds 5.1862 million shares, accounting for 4.94% of the total share capital of the company before IPO.
SVG products with high demand and high profit in downstream areas
The main business is steady and good, and the future is bright
Benefiting from the "carbon neutral" goal, the proportion of new energy in domestic energy is expected to continue to increase. With the high growth of photovoltaic, wind power and other downstream applications, the market demand for SVG products is expected to usher in an explosive period. FGI has launched the 4th generation SVG and the 7th generation MVD, which improves the product integration and power density, reduces the unit cost of electrical parts and structural parts, and strong product performance provides a guarantee for the steady growth of the company's performance.
Deep cultivation of R & D and high quality of customers laid the foundation for sustainable development
R & D investment increased year by year, R & D innovation on SVG and inverter has laid a strong technical moat. The company has established a good cooperative relationship with many well-known domestic enterprises and accumulated high-quality customer resources. At present, the company's downstream customers cover the central enterprise group, provincial large state-owned enterprises, listed companies, large private enterprises, etc., and its brand influence is constantly increasing. It has developed into a strong brand and excellent supplier in the field of power quality and energy efficiency in China.
