Founded in September 2001, the Guangdong Jiayuan Technology Co., Ltd. is a company that specializes in the development, production and sales of high-performance electrolytic copper foils. The Company has an annual production capacity of 21,000 tons of copper foils, which are mainly used in the li-ion battery industry and ultimately applied to new energy vehicle batteries, energy storage devices and electronic products. On July 22nd, 2019, the Company became one of the first 25 Chinese enterprises to get listed on the Shanghai Stock Exchange (SSE) STAR Market (stock code: 688388). Both production and marketing thrived in the first quarter of 2021, during which the Company had an operating income of 530 million yuan and a net profit of 110 million yuan. It now employs 1,060 people.
The Company has successively been identified as a national enterprise technology center, a national model enterprise for technological innovation, a Chinese enterprise with an advantage in IPRs, and a high-tech enterprise. It is the only Chinese copper foil manufacturer to be named a national enterprise technology center by five ministries and commissions including the National Development and Reform Commission (NDRC). As a national model enterprise for technological innovation named by the Ministry of Industry and Information Technology, the Company has achieved a new breakthrough in obtaining national R&D and innovation qualifications.
With focus on the R&D and innovation of core technologies related to copper foil manufacturing, the Company has established the Guangdong Provincial Key Laboratory for Enterprises, Guangdong Provincial Engineering Technology R&D Center and Guangdong Provincial Enterprise Technology Center, and established stable industry-university-research cooperation with well-known Chinese colleges and universities. It has undertaken more than 40 scientific research projects of various types including 1 project under the China Torch Program, 1 national key new product project, 5 provincial major projects, and 7 provincial key technical projects; directed the formulation of 1 national standard, and participated in the formulation of 2 national standards, 1 industry standard and 1 local standard; has 208 intellectual property patents, 52 of which are invention patents.
| Full name | Guangdong Jiayuan Technology Co.,Ltd. |
|---|---|
| Abbreviations | Jiayuan Technology |
| Code | 688388 |
| Founded | 2001-09-29 |
| Listing | 2019-07-22 |
| Domicile | Wenshe village, Yanyang Town, Meixian District |
| Website | www.gdjygf.com |
| mzjykj@163.com | |
| STAR Theme | New Materials |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 0.81 | 1.67 | 1.02 |
| R&D expenditure as a % of operating revenue | 6.03% | 4.37% | 3.32% |
| Operating Revenue | 1,202,178,945.26 | 1,446,049,703.58 | 1,153,305,551.31 |
| Net Income | 186,491,360.57 | 330,975,558.80 | 176,431,125.38 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 1,202 | 1,446 | 1,153 |
| Operating Costs | 911 | 944 | 839 |
| Operating Income | 214 | 383 | 212 |
| Pretax Income | 211 | 380 | 203 |
| Income Tax | 25 | 50 | 27 |
| Net Income | 186 | 331 | 176 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 1,783 | 2,016 | 382 |
| Non-current Assets-Total | 1,158 | 637 | 631 |
| Total Assets | 2,941 | 2,653 | 1,013 |
| Liabilities | |||
| Current Liabilities-Total | 252 | 46 | 213 |
| Non-current Liabilities-Total | 58 | 64 | 97 |
| Total Liabilities | 310 | 110 | 310 |
| Stockholder's Equity | |||
| Share Capital | 231 | 231 | 173 |
| Retained Profits | 683 | 614 | 336 |
| Total Owners' Equity | 2,631 | 2,544 | 703 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 91 | 472 | 135 |
| Net Cash Flows-Investing | 295 | -1,153 | -178 |
| Net Cash Flows-Financing | 8 | 1,289 | 69 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| Guangdong Jiayuan Industrial Investment Co., Ltd. | 63.32 | 27.43% |
| Lai Shichang | 12.84 | 5.56% |
| Shenzhen Qianhai Chunyang Asset Management Co., Ltd. - Nanping Xinyang equity investment partnership (limited partnership) | 7.43 | 3.22% |
| Industrial and Commercial Bank of China Limited - ABC Huili new energy theme flexible allocation of hybrid securities investment fund | 6.94 | 3.01% |
| Ningbo Meishan Bonded Port Fengsheng Liuhe New Energy Investment Partnership (Limited Partnership) | 4.84 | 2.10% |
| China Merchants Bank Co., Ltd. - Huaxia SSE STAR MARKET 50 component trading open index securities investment fund | 4.63 | 2.01% |
| Rongsheng Venture Capital Co., Ltd. | 3.84 | 1.66% |
| Xinhua Life Insurance Co., Ltd. - dividend - individual dividend - 018L-FH002 | 3.82 | 1.65% |
| Wang Zhijian | 2.43 | 1.05% |
| Industrial and Commercial Bank of China Limited - ABC Huili industry 4.0 flexible allocation of hybrid securities investment fund | 2.37 | 1.03% |
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