On December 16th, Junsheng Electronics (600699, the previous closing price of 21.96 yuan) in the suspension was issued an additional issuance plan. The company plans to invest in the acquisition of 100% equity of QuinGmbH through the non-public offering of funds, and the Unisex Puri Industrial Robot Project and supplements. The total amount of funds raised by working capital does not exceed 1.128 billion yuan. The specific plan shows that the company plans to issue no more than 53 million shares at a price of 21.29 yuan per share. Among them, the use of raised funds of 689 million yuan to acquire the 100% stake in the German company QuinGmbH; in addition to the use of raised funds of 185 million yuan into the company's wholly-owned subsidiary Ningbo Junsheng Puri Industrial Automation and Robotics Co., Ltd. to build industrial robot projects; the last remaining 2.54 100 million yuan is used to supplement the company's working capital. According to the data, QuinGmbH is an auto parts supplier that mainly provides interior functional parts and high-end steering wheel assemblies for German high-end car brands. The company's customers are large automakers and Tier 1 suppliers, mainly covering Mercedes-Benz. BMW and Audi's mid- to high-end models. According to the statistics of Berylls, a German automotive industry consulting company, QuinGmbH is at the forefront of the global automotive natural and metal interior segment in terms of technology, products and markets, and forms a stable competitive landscape with Novi and Yamaha. QuinGmbH's advantages in the high-end market are even more obvious. According to QuinGmbH's financial data, the company achieved operating income of 762 million yuan, 815 million yuan and 778 million yuan in 2012, 2013 and 2014, respectively. The corresponding net profit was 0.44 billion yuan, 39 million yuan and 0.67 respectively. 100 million yuan. Based on September 30, 2014 as the base date for evaluation, the estimated value of 100% equity of QuinGmbH is 95.68 million Euros under the assumption of going concern. "Daily Economic News" reporter noted that Junsheng Electronics said that through the acquisition and integration of QuinGmbH, it will enrich the company's product line and form synergies with existing products, providing HMI, high-end steering wheel assembly and interior for OEMs. Functional component assembly products to enhance the core competitiveness of the company's products. QuinGmbH will also become the company's R&D, production and sales platform for internal and external functional components in the European market, and promote the company's overall strategy of “high-end†and “globalizationâ€. corrosion resistant screw barrel,corrosion resistant conical screw barrel,screw barrel for foam making Zhoushan Dinghai Jinxing Plastic Machinery Factory , https://www.jinxingscrew.com