The Chinese Securities Regulatory Commission issued the initial public offering prospectus of Aerospace Seiko Co., Ltd recently.
      According to the prospectus, the proposed public offering will not exceed 148.38 million shares, and the estimated fund is 690 million. The raised funds are intended to be used in the Tianjin manufacturing base intelligent manufacturing upgrade and military-civilian fusion aviation fastener expansion project, intelligent manufacturing upgrade and nuclear power fasteners. Expansion project, Intelligent Manufacturing and Rail Traffic Fastener Expansion Project of Henan Aerospace Precision Manufacturing Co., Ltd. Henan Production Base , Aerospace Seiko Co., Ltd. R&D Center Project, and supplementary working capital projects related to the main business.
     In 2015-2017 and the first half of 2018, the company's operating income was 769 million yuan, 834 million yuan, 870 million yuan, 361 million yuan; net profit was 42.195 million yuan, 78.374 million yuan, 84.047 million yuan, 28.1431 million yuan.
     Capital State has learned that Aerospace Seiko is an important supporting enterprise for the manufacture of aerospace equipment in China. The company's main business is the development, production and sales of high-end fasteners, such as aerospace, aviation and other high-end equipment manufacturing applications. The main products include bolts, screws, studs, nuts, rivets, washers, pins, rubber. Parts, locks, clamps, and high-end bearings in the aerospace industry.