Commercial vehicle after-loading the development of the market

The report shows Tin Chak information, current income comes mainly from the field of construction machinery, 14.85% year-over-year revenue growth of the market during the reporting period, the income share rose to 81.86%. However, macroeconomic fluctuations, construction machinery boom of the decline in the second half of 2011, the company's business was affected.

    Tin Chak Chen, chairman of the meeting clearly mentioned: "The companies are now involved in car networking center of gravity is still the engineering machinery." He said, to raise funds last year, the company increased R & D investment, investment in the product line has been behind the production of R & D and sales will be a good role in the gradual landing. In addition, he said that the product can not always stay in the construction machinery on a pole to do so, on the one hand in the field continue to dig deep, rich product line; the other hand, the product is landed, new business growth. In February of this year, the Tin Chak information, Zoomlion signed a strategic cooperation agreement of the Internet of Things GPS information, after exchange with reporters, said Chen Jin, the company is a well-known enterprises and domestic machinery and equipment industry, the early cooperation and communication.

    The field of commercial vehicles is a new business in Tin Chak information try small orders. Chen Jin said that commercial vehicles will become the anchor of a new company results from the market to continuous research and development, product line now also gradually enriched, as has already reached a preliminary agreement with several domestic commercial vehicle plants for commercial vehicles before installed laid the foundation for market development; annual report mentioned in the "cloud thoroughfare" also plays an important role in the development of the commercial vehicle aftermarket.

    2011, Tin Chak information, public offering 20 million shares at an issue price of 34.28 yuan / share, net of issuance costs, net proceeds of 631 million yuan. And is expected to raise 211 million yuan of funds compared to the super funds raised up to 420 million yuan. Therefore, the raised funds over the market has been concerned. In November last year, Tin Chak information the board of directors passed a resolution decided to use the raised funds over the $ 7.5 million acquisition of Wuxi Jie Ma of Things Technology Co., Ltd. ("Wuxi Jie Ma") and 75% of the shares. In February of this year, the Tin Chak information, use the raised funds over the 600 million replenishment of the Shanghai Kun Bo Communication Technology Co., Ltd. holds 60% stake in the latter, after the capital increase. Ge surname shareholders to the Board and asked: "In addition to the announcement, and the remaining super-fund-raising Kindu on the bank interest you "

    "Wuxi Jie Ma is doing the radio frequency identification (RFID), and we are engaged in car networking is a continuous chain of industries. Before the company is not involved in this area,Main product: car dvd player  now put the industry chain to open up, this is an important link." Chen said. But he also admits that the short-term investment in Wuxi Jie Ma may be difficult to produce benefits at the same time explained: "ultra raise funds for us, not a small number of car networking and Internet of Things is an emerging industry, the use of follow-up super funds raised can not be blindly investment to investment. the current industry as a whole, to achieve scale and efficiency are very good companies very little, did not dare to proceed with some investment.