Plastic machinery market is vast

Jinming Seiki officially landed on the ChiNext on the 29th. The company issued 15 million shares and the issue price was 25 yuan per share. The total amount of funds raised was 375 million yuan and the earnings per share after the issuance was 0.56 yuan. According to the company, the downstream industries of plastics machinery include packaging, agriculture, medical, construction, automotive and many other fields. The company also has first-mover advantage in energy-saving and environmental-friendly materials and equipment, and the demand for products is vast.

Jinming Precision Machine Co., Ltd. is mainly engaged in the R&D, design, production and sales of specialized mechanical equipment such as film blowing equipment and hollow molding equipment. Ma Zhenxin, chairman of the company, said that apart from enjoying a high reputation in China, the company also exported its products to 42 countries and regions in Southeast Asia, North America, South America, the Middle East, and Africa.

Ma Zhenxin said that multi-layered and precision plastics machinery is the main direction of development. At the same time, energy conservation and environmental protection are also major trends. It is understood that Jinming Precision Machinery Co., Ltd. has reached the leading nine-layer co-extrusion in terms of multi-layer co-extrusion technology; in terms of precision, the precision of domestic counterparts is only plus or minus 6-8%, and the company has now reached plus or minus 3-5. %, can reduce the consumption of raw materials and energy, energy saving effect is obvious. The company has successfully developed stone paper blow molding machines and geomembrane machines and is developing solar film machines.

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