三鑫特种玻璃投资Low-e玻璃生产线,打造建筑节能幕墙一体化产业

(水清木华研究中心 2008-3-10)


背景介绍

  深圳市三鑫特种玻璃技术股份有限公司最早起源于深圳三鑫玻璃制品厂。这是一家成立于1993年2月的独资私营企业。九十年代中期,与国企贵航共同出资设立深圳市三鑫实业有限公司,从欧洲引进玻璃深加工设备和加工技术,全面进军建筑安全玻璃加工业务。 90年代中后期,随着我国经济持续稳定发展以及人民生活水平的不断提高,国内门窗、幕墙市场总量也随之保持稳步增长的趋势。作为玻璃幕墙产品的供应商,三鑫决定把产业直接延伸进入幕墙工程领域,并借助于已有的资金与管理优势,快速成为一家集幕墙工程研发、设计、施工和幕墙玻璃制品生产、销售为一体的幕墙专业公司。

  幕墙行业作为资金密集型行业,唯有融资能力强的企业才有实力承接大量工程,进行规模化扩张,为此,三鑫股份积极筹备上市,并于2007年8月23日在深交所正式实施,首发3400万股,发行价为8.15元。

3.3亿元投向Low-e玻璃与节能幕墙

  三鑫目前有两块大的产业,一块是玻璃深加工产业,一块是幕墙工程产业。三鑫的玻璃深加工产业在上市前定位比较偏,主要是以普通的白玻璃、异形玻璃、热弯钢化玻璃为主,一方面是主打国外市场,这些产品用在工程上的量往往不大,但是附加值相对高一些,一方面是用于国内市场上的难度比较高的非标定单。在镀膜玻璃、Low-e玻璃没有规模化普及前,三鑫的玻璃深加工产业还能满足企业配套需求。

详细内容请参看附件:《 公司研究:三鑫特种玻璃投资Low-e玻璃生产线 》

 

Sanxin Glass Technology Co., Ltd.

Invest in Production line of Low-e Glass and Build Integration Industry on Energy-saving Curtain Wall Field

Background

Shenzhen Sanxin Special Glass Technology Co., Ltd. or SGT, originated in the former Shenzhen Sanxin Glass Plant, a private glass producer, which was founded by Han Pingyuan in February, 1993. In the mid-1990s, Sanxin Glass Plant and the state-owned China National Guizhou Aviation Industry (Group) Co. Ltd. jointly created Shenzhen Sanxin Industrial Co. Ltd., which introduced glass deep-processing equipment and processing technology from Europe, getting full access to the market of processing building safety glass. Since the mid 1990s, the demand for doors, windows and glass curtain walls has risen steadily, thanks to continuous and stable development of China’s economy and sustained improvement of people’s living standard. As a supplier of glass curtain wall, SGT decided to extend from production of glass curtain wall into glass curtain wall engineering filed. By virtue of its financial strength and management advantage, it turned itself quickly into a professional glass curtain wall producer with integration of R&D in engineering, design, production, marketing and construction of glass curtain wall. In December of 2000, Shenzhen Sanxin Industrial Co. Ltd. was renamed the Shenzhen Sanxin Special Glass Technology Co. Ltd. after a recapitalization and Han Pingyuan, the founder of the Shenzhen Sanxin Glass Plant, was the largest share holder of the joint stock company by holding 38% stake in GST.

The glass curtain wall industry is a capital-intensive industry, so only those companies with strong financing ability can have financial strength to undertake a large number of projects and to carry out large-scale expansion. Therefore, SGT actively made preparations for initial pubic offering. GST had its IPO in Shenzhen Stock Exchange on August 23, 2007 and raised CNY258 million.

Invest CNY330 million in Low-e Glass and Energy-saving Curtain Walls

At present SGT has two big industries: one is the glass deep-processing industry and the other is the curtain wall engineering industry. Before the listing, the market positioning for SGT’s glass deep-processing industry is a little special and different from the main stream. It is specialized in white glass, irregular shaped glass and tempered glass. On the one hand, it plans to penetrate the international market. Though the demand for these products on engineering project is not very big, their added value is relatively higher. On the other hand, these products could be placed for the nonstandard orders which are hard to gain in the domestic market. Before the coated glass and Low-e glass are popularized extensively, the glass deep-processing industry of SGT can also supply the supporting facilities for SGT.

详细内容请参看附件:《 公司研究:三鑫特种玻璃投资Low-e玻璃生产线 》