Times of an ancient name for China (Chinatimes.net.cn) report of Beijing of reporter Xie Qing
Recently, the division that hands in institute official net to announce is achieved board appear on the market application is obtained in accepting company list, an enterprise caused the attention of the market, its register the ground to be " outside the condition " . This is 9 robots limited company (abbreviation " 9 intelligence " ) , its are taken already formally " standard textual criticism " , and 9 intelligence also are CDR of first have a taste of what is just in season is declared division achieve board enterprise.
Book of raise capital by floating shares shows, 9 intelligence plan to issue do not exceed seven million and forty thousand nine hundred A kind common stock stock, regard the basis that issues CDR as the stock, the proportion that holds total capital stock of the company after CDR is issued not under 10% , the changeover scale between fundamental stock and CDR according to 1 / the scale of 10 CDR has transition, this second draft open hair not to exceed seventy million four hundred and nine thousand two hundred CDR all right. The company predicts financing 2.077 billion yuan.
Main product includes 9 intelligence intelligent report dynamic balancing dynamoelectric slide car, intelligence serves car, intelligence the robot, the mainest client is millet group, the 9 balances car of millet is one of main products of this company. The reporter browses discovery of book of raise capital by floating shares, this company is a need is in through issueing CDR division achieve board those who appear on the market is red prepare a company, there still is consecutive loss in the meantime, be the same as a different advantageous position to wait by advocate board the circumstance that the standard cannot appear on the market.
Deficit of nearly 3 years of accumulative total 2.584 billion yuan
9 intelligence held water on December 10, 2014, register the ground to be graceful archipelago, exist VIE framework. Book of raise capital by floating shares shows, 9 intelligence are when A annulus financing built VIE framework, because have red chip reach VIE framework and arrangement of difference of existence right to vote, because these 9 intelligence chose " predicting market prise not under 5 billion yuan, and do business one year recently income not under 500 million yuan " appear on the market standard.
In addition, book of raise capital by floating shares shows, 9 intelligence are course of study of a market inside numerous " big Ga " the company at a suit.
Will look from equity angle, millet, suitable for, the investor such as Chinese larch, Intel all favors to its have add. Sign day up to book of raise capital by floating shares, the Sequoia hold below standard of Chinese larch capital 9 intelligence 16.8 ％ A kind a share, scale of corresponding right to vote is 7.83 ％ . And the investment orgnaization Shunwei below millet department and People Better all part hold 9 intelligence 10.91 ％ A kind a share, scale of corresponding right to vote all is 5.08 ％ ; Intel hold 9 intelligence 3.32 ％ A kind a share, scale of corresponding right to vote is 1.55 ％ . In addition, shen Napeng of author of China of Chinese larch capital appears in the list of board of directors of 9 intelligence.
Nevertheless, although industry old man is added,hold, the battle array of partner also it may be said is unusually powerful, but 9 intelligence still cast off in successive years hard gigantic deficient. Book of raise capital by floating shares shows, inside report period, the business income of the company achieves one billion one hundred and fifty-two million eight hundred and seventy-seven thousand seven hundred yuan respectively, one billion three hundred and eighty-one million three hundred and one thousand four hundred yuan reach four billion two hundred and forty-seven million six hundred and forty-eight thousand seven hundred yuan, year all compound increase rate is achieved 91.95% , company business income presents the state that high speed grows; deficit of nearly 3 years of accumulative total 2.584 billion yuan.
Gentleman of king of personnel of analysis of some accountant office is right " times of an ancient name for China " the reporter expresses, although company battalion restrains growth of in successive years, but deficit expands in year after year however, deserve special attention.
In addition, the reporter browses discovery of book of raise capital by floating shares, up to 2016 end, 2017 end, 2018 end, the net assets of 9 intelligence is respectively - seven hundred and twenty million three hundred and thirty-three thousand four hundred yuan, - one billion two hundred and sixty-four million nine hundred and eighty-one thousand three hundred yuan, - three billion two hundred and thirty million four hundred and ninety thousand two hundred yuan,
To this, mr Wang expresses, some circumstances also can see clue from inside the balance sheet. Actually, since 2016, 9 intelligence had been been in be in endowment not the condition of pay a debt in kind or by labour, this to battalion closed 2018 more than 4 billion and be about to sprint division is achieved board for the company that appear on the market, such loss condition has bit of unimaginably queer letting a person.
Additional, inside report period each period end, amount of face of Zhang of money of company receivable Zhang is two hundred and twenty-nine million two hundred and ninety-one thousand five hundred yuan respectively, one hundred and thirty-one million two hundred and seventy-one thousand four hundred yuan reach eight hundred and fifty million seven hundred and seventy-eight thousand eight hundred yuan, the proportion that holds total assets is respectively 17.88% , 6.72% with 22.99% ,
Expand of operation ceaselessly as the company, the gross of receivable Zhang money may increase further, if guest
Door concentration encounters financial standing exasperate, management crisis or with millet cooperative relation produces aggravation, money of company receivable Zhang
Cannot call in on schedule or cannot call in and produce the situation of bad Zhang, it is certain to will manage generation to company outstanding achievement and production
adverse effect.
Take the issue such as the risk that rises to whether face the difficulty that return a money continuously than money of exorbitant reason, receivable Zhang to the receivable Zhang money of the company, the reporter is called several times and send email to cover case, but up to distribute news dispatches, 9 intelligence did not offer the front the return from beginning to end.
Does business of car of 9 robots balance occupy battalion to receive leave a matter for future consideration of quality of innovation of 90% science and technology?
Book of raise capital by floating shares shows, 2016, mixed 2017 the research and development of 9 robots was thrown 2018 is respectively 71 million yuan, 91 million yuan mix 123 million yuan, occupy 3 years to do business the scale of income is mixed for 6.19 ％ , 6.61 ％ respectively 2.9 ％ .
The investment of research and development of 9 intelligence suffers market doubt all the time, ms. Liu expresses analyst of some certificate trade, investment of research and development is occupied than not tall, the division that this innovates to pursueing science and technology is achieved board declare an enterprise for, whether are its put in proper question into color? The rapid growth that although 2018 battalion receives rapid growth to also did not bring research and development,throws, occupy instead than appearing the circumstance of pelter half.
Check according to look forward to check show, 9 intelligence are long-term and dedicated Yu Zhi can be short traffic and serve kind of robot field, for the whole world famous ride instead of walk, shift serves robot manufacturer, company advocate the design that business Wu is device of shift of short distance of of all kinds intelligence, research and development, production, sale and service. Through old development, company product already was formed include intelligent report dynamic balancing the product line that the category such as robot of service of dynamoelectric slide car, intelligence abounds car, intelligence.
Can see from inside book of raise capital by floating shares, in 2.077 billion yuan of capital that draft collect in 9 robots, in the item that can not deserve to send robot research and development and center of research and development construction with Yu Zhi to 500 million yuan only, and with Yu Zhi project of can electric car and produce per year highway of 80 thousand blame the capital of recreational car project, achieved 1 billion yuan. To this, ms. Liu expresses, although be on collect available road, also did not put in centrally at research and development.
In addition, the reporter browses discovery of book of raise capital by floating shares, company advocate business Wu income is centered in intelligent slide and intelligence to balance a car, and the battalion of intelligent service robot closes occupy than 2017, was only respectively 2018 0.1% , 0.31% . So, whether should emphasize in book of raise capital by floating shares, be the advantage of the company depends on balancing car business and robot business? From the point of company name, make easily investor produces misunderstanding, it is obviously advocate battalion balances a car, why to use 9 robots however this name? To afore-mentioned question that the reporter raises, 9 intelligence did not offer the front the return.
From on the watch can see, although 9 intelligence are mentioned in book of raise capital by floating shares, the company will throw the product such as robot of car of dynamoelectric autocycle, complete landform, intelligence through research and development, enlarge income source further, increase the overall competition ability of the company. But up to 2018 the end of the year, the sales revenue of the product of etc of intelligent service robot of 9 robots is total occupy company battalion to receive specific gravity to still be not worth 5% .
In addition, the reporter browses book of raise capital by floating shares, can see dynamoelectric balance car and dynamoelectric slide car only produce can utilization rate, the yield that did not find intelligence to serve a robot can utilization rate data and sales volume.
Actually, to 9 intelligence, the comment that sends travel group public figure has each different, partial person expresses, 9 intelligence are substantial more resemble " millet is " acting factory. In light of the financial data that from its book of raise capital by floating shares discloses, for millet custom-built balance car, slide car becomes the income source with 9 the biggest intelligence, this project battalion receives the 57.3 ％ that hold integral battalion to close, and those who offer all valence is the market only all the 80 ％ of valence, the company is in millet " gold advocate " before price ability is apparent weaker.
Inside report period, the amount of associated sales transaction that company and millet group produce is 642.8 million yuan respectively, one billion and eighteen million four hundred thousand yuan reach two billion four hundred and thirty-four million two hundred thousand yuan, take a company respectively current of business income 55.75% , 73.76% reach 57.31% , the company is put in bigger single client to depend on a risk to millet group.
Although company and millet group have good strategic partner concern, but future if product of occurrence aggravation of company and relation of collaboration of millet group business, company suffers the stability that consumer loves or millet group oneself manages or business to mode, management strategy produced major change and bring about millet group to purchase relevant product from the company no longer no longer, may produce great and adverse effect to the management outstanding achievement of the company.
An analyst that analyses TMT industry for a long time expresses, from its own brand cent is sold in light of, the battalion below the line closes occupy than from now on the 40 ％ before drop to 15 ％ ; And cent of card of line top grade is sold occupy than be not worth 3 ％ as before. 9 intelligence more resembling is business of an acting industry, its biggest acting labour client is millet, just be the custom-built production of international big client next, and the production of own brand ranks minor position.
Meanwhile, according to wisdom grind seek advice release " 2016-2022 year pattern of competition of market of Chinese balance car and investment prospect evaluate a report " show, our country balances car industry current situation to be put in two sides issue, it is industry dimensions expands quickly on one hand, it is confused competition however on one hand. Because lack a standard, industry of dynamoelectric balance car entered a manufacturer to want to produce the condition that how produces.
A few manufacturers use inferior component, assemble 2 times wait for means to reduce cost, appear in sand of concrete of the fill in balance car batteries to replace the case of electric core even. Confused competition, the firm that lets not be willing to reduce quality is afterwards hard. Accordingly, the part balances car company appeal, because show level our country to balance car industry,development passes fast, do not superintend reach the designated position, existing the problem such as quality safety, affected the progress with long-term and healthy industry. The long-term development that balances car industry future should rely on technical innovation not only, still need government and industry to be opposite as soon as possible relative standard standardization. As ceaseless maturity of the technology, the ceaseless standard of relative standard, future of balance car market still has bigger development perspective.
