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On May 3, the initial application of Jiangsu Slack Precision Equipment Co., Ltd. (hereinafter referred to as "Slack") was examined and approved by the issuance examination committee of the GEM. It is reported that Sike Precision 15.39 million shares to be issued this issue, the total share capital of 61,390 shares. The company mainly engaged in high-speed easy-lapping production equipment research and development, design, production, assembly and debugging and related precision molds, spare parts research and development, manufacturing.
The market demand for high-speed production equipment for easy lid increases due to the increase in cans consumption. According to statistics from the China Packaging Federation Metal Container Commission, since 2002, the world's cans consumption has increased by about 6% annually. In 2008, the global consumption of cans exceeded 400 billion. It is estimated that in 2011 it will have risen to about 505 billion. According to "The Canmaker", thanks to strong growth in emerging economies, consumption in the United States, the leading consumer of cans, dropped slightly in 2010, while global cans consumption maintained a 5.9% increase.
At the beginning of 2009, the global production capacity of high-speed production equipment for easy lid is about 800 sets. According to the global annual growth rate of easy-lid covers 6%, the average annual production capacity of each easy-lid production equipment is 500 million pieces. It is estimated that in the next three years, On average, about 45 new manufacturing lines are required. In addition, according to the normal average service life of the lid-making equipment by sliding lid 15 to 20 years, the annual global average of about 45 capping production lines requiring the elimination of old equipment and renewal is relatively large, and there are quite a few existing production lines each year for local technologies Upgrade or remodeling. In 2011, the global new cap equipment and remodeling market will be about 320 million U.S. dollars. In addition, according to the operation of easy lid manufacturing enterprises, the annual loss of replacement parts and after-sales service for each production line is estimated to be about 400,000 U.S. dollars. In 2011, the market for spare parts and after-sales services is estimated to be 360 million U.S. dollars.
Cans packaging has a huge market space, naturally requires high-quality Easy-lid high-speed production equipment to match, for Slack in which industries provide a good market opportunity. Easy lid manufacturing industry in the country from the 80's began to cover the production of high-speed production equipment used by easy-lid production has been dependent on European and American countries to import. Slack's establishment to fill the domestic gaps in the field of the industry, technology has reached the international advanced level in the case, Slacker use its competitive advantage quickly occupied by the original foreign enterprises occupy the high-speed production equipment in the domestic market .
Copyright：Shandong Xuyuan Packing Products Co., Ltd.