Yunnei Dynamics also stated that with the implementation of the state-of-the-art standard for vehicle diesel engines and the T3 phase of non-road diesel engines , the company’s diesel engine has a clear competitive advantage. Since 2017, the company’s sales of mid- to high-end diesel engines are expected to increase significantly. In addition, Yunnei Power has already completed due diligence investigations for the acquisition of the new three board listed company Shenzhen Mingte Technology Co., Ltd. (stock code: 835954). If the acquisition goes smoothly, Yunnei Power will formally enter the automotive electronics field. Diesel engine sales leader On the eve of the Spring Festival in 2017, Yunnei Dynamics issued a “big red envelope†to shareholders. On January 23, 2017, Yunnei Power released a revised announcement of the 2016 annual performance forecast. It is expected that the net profit for the year could reach 215 million to 250 million yuan, an increase of 22.5% from the same period of the previous year to 42.44%. At the same time, as the company’s engine sales increased significantly in the fourth quarter, the proportion of high-end engines further increased. Yunnei Motor sold approximately 310,000 diesel engines of all types in 2016, an increase of 45.51% compared with 2015. The sales volume of the industry rose from third to first, and it successfully took the top spot in the industry. The "red envelope rain" powered by Yunnei is far more than the growth of its own performance. In order to adapt to the national energy conservation and emission reduction industrial policy, on November 11, 2016, Yunnei Power was approved by the China Securities Regulatory Commission, the non-public issuance of not more than 93.93 million shares, net raised funds of about 635 million yuan for the advance layout of higher emission standards The research and development of diesel engines will enable Euro VI products to enter the market as soon as possible. In addition to the above non-public issuance, Yunnei Power suspended trading due to the preparation of asset restructuring at the end of December 2016. On January 6, 2017, it announced its intention to acquire 100% equity of Mingte Technology. Recently, Yunnei Power announced that it had completed due diligence on Mingte Technology. At present, relevant parties are preparing reports and other documents. According to public information, Mingte Technology successfully listed on the New Third Board in February 2016. As a leading provider of industrial-grade card payment equipment solutions, Mingte Technology has been providing industrial-grade smart card payment equipment for outdoor equipment such as fueling (gas) machines in the petroleum and petrochemical industries and electric vehicle charging piles in the power industry since its establishment. . At the same time, the company provides industrial-grade ticket equipment, card readers, bill validators and other products. As a product provider of Sino-Petro (5.870, 0.00, 0.00%), PetroChina (8.410, -0.03, -0.36%) and National Grid and other "national prefix" customers, Mingte Technology achieved operating revenue and net in the first half of 2016 Profits were 28.04 million yuan and 11.47 million yuan, respectively, an increase of 0.89% and 7.6% year-on-year. It is worth noting that the 2016 semi-annual report disclosed by Mingte Technology showed that its gross profit margin was as high as 66.03% during the reporting period. Bringing the above-mentioned quality assets into the pockets will add further benefits to the development of cloud power. Economiser Fire,Economizer Hvac,Carrier Economizer,Economizer Heat Exchanger Jinan Boiler Group Co., Ltd. , https://www.jinanboilergroup.com
Yunnei Power Industrial Park
Since the end of 2016, Yunnei Power's investors should be happy to spend. With the rapid growth in sales in the fourth quarter, Yunnei's 2016 diesel engine sales have become the industry's "first brother." As a result, its net profit for 2016 is expected to increase by 22.5% to 42.44% over the previous year.