$1.1 million! Uniwin Laser plans to establish a German subsidiary

On the evening of October 13, Shenzhen Lianying Laser Co., Ltd. issued an announcement on the investment and establishment of a German subsidiary. The announcement said that in order to effectively expand the company's overseas market, further enhance its international competitiveness, and promote the gradual implementation of the company's long-term strategic plan, Uniwin Laser plans to invest in Erford, Thuringia, Germany, through its wholly-owned subsidiary Jiangsu Uniwin, with an investment amount of 1.1 million dollars. The establishment of Uniwin Germany to carry out European business is of positive significance to expand the company's international market share and enhance its competitiveness.

Uniwin Laser said that the establishment of Uniwin Germany in this overseas investment aims to make it a window for the company to carry out business in Europe, which is conducive to the company's expansion of the European market and meets the needs of the company's business development. This overseas investment is an important measure based on the company's global development strategy, which is conducive to enhancing the company's corporate brand and product brand awareness in the international market, meeting the company's strategic development requirements, will not adversely affect the company's production and operation, and will not harm the company, shareholders, especially the interests of small and medium-sized shareholders.

In addition, the announcement also disclosed the possible risks associated with the establishment of a German subsidiary, including changes in the domestic and international political and economic environment, the filing or approval of relevant domestic government authorities, and the approval time according to relevant German government authorities. Since the proposed investment capital source is Jiangsu Lianying's own or self raised capital, it will not affect the normal development of the company's existing business, so it is expected that the establishment of the German subsidiary will not have a significant impact on the company's business performance and financial situation in 2022.

Domestic and overseas layout of Uniwin Laser

The German subsidiary is not the first layout of Uniwin Laser going overseas. Founded in 2005, Uniwin Laser is a leading supplier of laser welding equipment and intelligent manufacturing solutions in China, and an enterprise that fully grasps the core laser technology. In order to better develop overseas markets and serve overseas customers, Uniwin Laser has established a wholly-owned subsidiary, UW JAPAN Co., Ltd., in Japan as early as 2012. It is committed to customizing cost-effective laser welding machines and intelligent manufacturing solutions for customers in various industries in Japan. Its business covers the design, manufacturing and sales of laser welding machines and special optical systems.

For the domestic market, Lianying Laser has established the strategic pattern of "one center, three bases", that is, centering on the Shenzhen headquarters, it mainly undertakes the functions of R&D center, laser production, market and service; Jiangsu Liyang East China Base, Huizhou Zhongkai South China Base, and Sichuan Yibin Southwest Base aim to implement localization development and undertake the production of laser welding and automation equipment and regional services.

It is worth mentioning that just two days ago, Uniwin Laser issued another announcement that it planned to raise no more than 990 million yuan to be used for the expansion of production base in East China, the construction of technology center, the construction of Shenzhen base and the supplement of working capital. Among them, the proposed investment amount of raised funds for the East China Base Expansion and Technology Center Construction Project is 360 million yuan; The construction project of Shenzhen base is divided into two subprojects: the construction project of high precision laser and laser welding complete equipment capacity and the construction project of digital operation center. It is proposed to use the raised investment of 285 million yuan and 95 million yuan respectively; 250 million yuan is intended to be used to supplement working capital.

At present, East China has become the main sales area of Lianying Laser, and customers in East China have become an important source of revenue for the company. Therefore, this expansion project of the East China base will further expand the production plant and build a new technology center on the basis of the existing East China base of Lianying Laser, build a more comprehensive functional system, and improve the layout of the East China base. The implementation of this project is conducive to the integration of regional resources, the improvement of nearby supporting service capacity, the exertion of localization advantages, the improvement of the response speed to customer needs and the quality of customer service by virtue of the cluster effect of the laser industry in East China, which lays a solid foundation for the sustainable and stable development of the business in East China in the future.

Recent business situation of Lianying Laser

In the first half of this year, Uniwin Laser achieved an operating revenue of 987 million yuan, a year-on-year increase of 88.17% (the specific revenue amount of the power battery business was not disclosed, and the power battery business revenue in the first half of this year was about 730 million yuan, based on the estimated proportion of power batteries in 2021, subject to the official announcement). The newly signed orders were 2.045 billion yuan (tax included), an increase of 6.45% over the same period last year, and the orders in hand by the end of June were 4.448 billion yuan (tax included), an increase of 62.28% over the same period last year. At present, Lianying Laser has established long-term strategic cooperation with well-known enterprises such as Ningde Times, BYD, Yiwei Lithium Energy, Guoxuan Hi Tech, China Innovation Airlines, Ruipu Energy, Honeycomb Energy and Xinwangda.

In order to better study the laser welding technology and develop the laser welding application market, Uniwin Laser has set up a laser research institute and five R&D centers for lasers, welding processes, R&D projects, intelligent software and special laser equipment. It has created a vertically integrated industrial chain for Uniwin Laser, including optical devices, lasers, laser processing systems, intelligent software and automation equipment. In the first half of this year, Uniwin Laser achieved product and technological breakthroughs in several categories of lasers, including fiber lasers, high brightness lasers, blue lasers, and special lasers. Among them, conventional single-mode 100-3000W, multi-mode 100-6000W self-made continuous fiber lasers, variable ring spot fiber lasers, semiconductor fiber composite lasers, and other special purpose fiber lasers achieved mass production and delivery.

At the business level of the market segment, Lianying Laser has divided four business divisions: new energy equipment, new energy vehicles, 3C electronics and general automation. Among them, the two business divisions of new energy equipment and new energy vehicles focus on the new energy industry, and can provide a series of overall solutions from the cell to the battery module/PACK for the square case battery, the soft package battery and the cylindrical battery. It is worth mentioning that in the first half of this year, in terms of the cell welding process, Uniwin Laser broke through 300 mm/s high-speed welding of the top cover of the power battery square shell, laser wire filling welding of different splicing structures of 5+6 series aluminum alloys and high-speed welding of hydrogen fuel cell bipolar plates. Develop 46 series of cylindrical battery welding automation equipment and whole line solution, laser die-cutting and slitting integrated machine, marking standard machine, coating and housing integrated machine, helium detector for cover plate and other series of equipment.

Source: OFweek