"Science and Technology Innovation Board**" on December 28 (reporter Wu Xuguang).As the company's IPO initial fundraising project, Jingsong Intelligent decided to postpone the construction period of the "Technical Transformation Project of Intelligent Logistics System Production Base" and "R&D Center Construction Project" to January 2025 and December 2024.
December 27th,A person from the secretary office of the board of directors of Jingsong Intelligent responded to the reporter of the "Science and Technology Innovation Board"."Mainly due to the fact that when it was listed in May 2022, due to the impact of the epidemic, the entry of many civil project facilities was delayed, and the construction staff could not enter the site to work, resulting in the project construction and production time lagging behind the originally planned schedule. ”
It should be noted thatSince the beginning of the year, manufacturers in the field of intelligent warehousing and logistics, such as BlueSword Intelligence and Zhongke Weizhi, have postponed or adjusted their fundraising projects.
The investment progress of IPO fundraising projects is less than 20%.
Will the postponement of the "technical transformation project of the intelligent logistics system production base" and the "R&D center construction project" affect the company's core business?
In this regard,Jingsong Intelligent believes that it will not have a material adverse impact on the existing core business operations. "The postponement of the fund-raising project is a prudent decision made by the company based on objective reasons and the actual situation of the implementation of the project, which only involves the adjustment of its construction progress, and does not involve the change of the implementation location, implementation subject, implementation method and total investment, and there is no change or disguised change in the use of raised funds and damage to the interests of shareholders. ”
According to the data, Jingsong Intelligent is a smart logistics system solution and manufacturing provider, and its main business income comes from the sales of intelligent warehousing and logistics systems and key equipment for intelligent warehousing and logistics.
In June 2022, Jingsong Intelligent completed the IPO of the Science and Technology Innovation Board, raising a total of 52.9 billion yuan, of which the technical transformation project of the intelligent logistics system production base plans to invest 14 billion yuan;7860.220,000 yuan for the construction project of R&D center. Another 12 billion yuan to supplement liquidity.
After a year and a half, on December 27 this year, Jingsong Intelligent issued an announcement that it intends to postpone the overall time for the "technical transformation project of intelligent logistics system production base" and "R&D center construction project" to reach the scheduled usable state from January 2024 and June 2024 to January 2025 and December 2024.
From the perspective of the investment of raised funds, up to now, the "technical transformation project of intelligent logistics system production base" and "R&D center construction project" have invested a total of 877910,000 yuan and 1469390,000 yuan, and the investment progress was 628% and 1869%。
Whether there are operational difficulties or obstacles for the slow progress of the fundraising project;The future construction of the project is expected and other issuesA person from the secretary office of the board of directors of Jingsong Intelligent told the reporter of the "Science and Technology Innovation Board".The postponement of the fundraising project is based on the company's market expectations for good future development, including the continuous growth of the current order volume and the company's sales revenue, and it is imperative to expand the company's warehousing and energy storage.
The fundraising and investment projects of many companies in the same industry have been postponed
Since the beginning of this year, domestic manufacturers in the field of intelligent warehousing and logistics, including BlueSword Intelligence, Zhongke Weizhi, etc., have postponed or adjusted their fundraising projects.
On the evening of December 27, BlueSword announced that due to the impact of the external macro environment and the adjustment of the company's strategic layout in recent years, the R&D progress of the company's IPO fundraising project "R&D Center and Enterprise Informatization Construction Project" lagged behind the original plan. In 2020, the company went public for the first time, raising a total of 500 million yuan.
Zhongke Micro disclosed on October 26 that due to factors such as changes in the direction of industry technology development and foreign exchange control of capital exports, the date for the fund-raising projects "Intelligent Equipment Manufacturing Center Project", "Intelligent Equipment and Artificial Intelligence R&D Center Project" and "Market Sales and Product Service Base Construction Project" to reach the scheduled usable state has been extended from the originally planned October 26, 2023 to October 26, 2025.
In fact, in addition to the impact of the epidemic, the change in the demand of the downstream warehousing and logistics market is also one of the main reasons for the postponement of fundraising projects.
Some institutional analysts told the reporter of the "Science and Technology Innovation Board" that unlike the high profit margins in overseas markets and the monopoly of the market by giants, there are many participants in the domestic logistics and warehousing market, including Jingsong Intelligence, BlueSword Intelligence, Kingerobot Intelligence, Yinfei Storage, Dongjie Intelligence, Damon Technology and other enterprises, and the overall market concentration is not high. Affected by the downward cycle of the industry, the sales of relevant industrial chain companies have slowed down, and the postponement of fundraising projects is more conducive to improving the efficiency of the use of raised funds under the condition that the existing production capacity can meet the existing market demand.
Economist Song Qinghui also holds a similar view, who said that the postponement of fundraising projects is not only affected by the company's own operating conditions, but also closely related to changes in the market environment. "The development of all walks of life may be closely related to various factors such as import and export, economic operation cycle, etc., which will have an impact on the investment progress of fundraising projects. ”
Some practitioners in the intelligent warehousing industry said that a set of intelligent warehousing and logistics system solutions often cost between one or two million yuan and four or five thousand yuan, and in the case of insufficient market budget, it is a large financial burden for various industries of downstream application terminals.
It should be noted that affected by the changes in the demand of the warehousing and logistics market, the performance of related industrial chain companies is generally under pressure.
As of the third quarter of this year, Jingsong Intelligent achieved revenue of about 36.3 billion yuan, an increase of 46 percent year-on-year53%；The net profit attributable to the parent company was about 7.79 million yuan, a year-on-year decrease of 669%。
In the first three quarters of 2023, Zhongke Micro will achieve revenue of about 97.6 billion yuan, a year-on-year decrease of 86%；The net profit loss attributable to shareholders of listed companies was about 18.98 million yuan, a year-on-year decrease of 20122%。
Kingerobot achieved revenue of 4 in the first three quarters6.9 billion yuan, down 3108%, net profit attributable to the parent company -584010,000 yuan, a year-on-year decrease of 25566%。