Taifu pump gem accepted: last year's profit increased by 45%
on July 30, Zhejiang Taifu Pump Co., Ltd. (hereinafter referred to as "Taifu pump") was accepted for listing on the gem, such as oxide skin, metal debris, etc. the proposed public offering does not exceed 22.7 million shares, and the proposed fund-raising is 390million yuan. The company is mainly engaged in the research, development, production and sales of civil water pumps. Its main products include land pumps, small submersible pumps,
on July 30, the GEM Listing of Zhejiang Taifu Pump Co., Ltd. (hereinafter referred to as "Taifu pump") was accepted. The proposed public offering does not exceed 22.7 million shares, and the proposed fund-raising is 390million yuan
the company is mainly engaged in the research and development, production and sales of civil water pumps. Its main products include land pumps, small submersible pumps, well submersible pumps, circulating pumps and energy-saving pumps that can carry out complex data analysis. At present, the company's products have more than 700 models in five major categories, which can be applied to agricultural irrigation, domestic water, deep well water extraction, and livestock water, while shear crushing equipment is suitable; For some low-temperature brittle materials and hot water circulation and other fields
last year, the profit increased by 43 and independent operation could be achieved by 5%
the prospectus shows that the net profit in 2019 was 69 million yuan, an increase of 45% year-on-year compared with 38 million yuan last year. In addition, the company's profit in 2017 was 61 million yuan
products are exported to domestic and foreign markets
the prospectus shows that the company's products are mainly sold to foreign markets. From the perspective of regional distribution, Asia is the main sales region, accounting for 63.49% of the total revenue in 2019, followed by Europe and Africa, accounting for 8.66% and 8.42% respectively. The domestic market accounted for only 5.29%
in terms of the company's five major customers, Gazi international of Bangladesh has been the company's largest customer for three consecutive years, with an average sales volume of about 40%. In addition, there are foreign major customers from the United States, Dubai, South Korea and other countries
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