002540APALTSZSE

Jiangsu Asia-pacific Light Alloy Technology Co., Ltd.

亚太科技

002540

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryNonferrous Metal Smelting and Pressing
ISINCNE100000Z67
ListedJanuary 18, 2011
Websitewww.yatal.com;www.apalt.com
IR Emailapalt@yatal.com
Phone(+86)510-88278652
AddressNo.8 Fangxing Road, Xinwu District, Wuxi, Jiangsu

Company Profile

1. Deep tillage vehicle lightweight materials: the company is an important supplier of aluminum extrusion materials in China. In 2016, the total production capacity of aluminum extruded materials reached 127 thousand tons, and the capacity utilization rate is close to 100%. The company has more than 80% products applied to the automotive field, including the heat exchange system, chassis system, braking system, body system, etc. In the traditional automotive field, including the engine system, transmission system, etc., the new energy automobile area includes the battery system, motor system and so on. 2. The new energy automobile industry: based on the existing development, production and customer supply base of new energy automobile aluminum extrusion materials, the company will continue to add new energy automobile aluminum parts and components in 2016, and start to build a new energy automobile aluminum material project with annual production capacity of 65 thousand tons, and an annual production capacity of 15 thousand tons of new energy automobile chassis system aluminum and new energy auto parts intelligent workshop project. The total investment of this project is about ?1.1 billion. 3. Laid out the aviation military products market: the company actively laid out the market of aerospace, rail transit, military and civilian integration, established a wholly-owned subsidiary, Jiangsu Asia-Pacific Aviation Technology Co., Ltd. and actively promoted the aviation quality management system AS91000, etc. The wholly-owned subsidiary of the Asia-Pacific Light Alloy (Nantong) Technology Co., LTD. has acquired the weapons and equipment quality management system certification.

Full description

JIANGSU ASIA-PACIFIC LIGHT ALLOY TECHNOLOGY CO., LTD (hereinafter, APALT) is a high-tech enterprise with independent innovation ability and other industrial aluminum extrusion materials. It is a major supplier of raw materials for automotive aluminum extrusion materials, especially automotive heat exchange system. APALT owns 6 wholly-owned subsidiaries,including Asia-Pacific Light Alloy (Nantong) Technology Co., LTD., Wuxi Hatal Aluminium Co., LTD., Jiangsu Asia-Pacific Ansindar Aluminum Co., LTD., Jiangsu APH Metal Printing Technology Co., LTD., Asia Pacific Technology (Hong Kong) Development Co., LTD. and Jiangsu Asia-Pacific Aviation Technology Co. LTD. The main products of the company are precision aluminum tubes, special profiles and high precision bars, which are mainly used in other industrial fields such as fuel Vehicle, electric vehicle, aerospace and rail transit, seawater desalination, offshore oil platform, commercial air conditioning and communication equipment. In addition to the domestic market, the international market has been explored in Asia, Europe, North America, South America, Africa, and so on. In 2016, the production capacity of the company profile, pipe and rod reached 127 thousand tons, and the sales volume reached 127 thousand tons, and the capacity utilization rate was close to 100%. Revenue was ?27.13 billion, up 18.5% from a year earlier. Net profit attributable to shareholders of listed companies was ?297 million, up 23.24% year-on-year. In the first three quarters of 2017, the firm's revenue was ?23.68 billion, up 30.05% year-on-year; the net profit of the listed shareholders is ?214 million, up 6.82% year-on-year. The company has continuously improved the technological innovation system and management mechanism, strengthened the development of new materials, new products and new technologies. The company's product materials cover a range of 1 series to 7 series of aluminum plates, and the thickness of the aluminum tube wall is as thin as 0.2mm, and the maximum circumcircle of the profile can reach 860mm. As of June 2017, the company has 222 patents for invention, utility model and design. At the same time, the company has been committed to the continuous development of product quality assurance and "customer certification". APATL has become the supplier of BOSCH, DENSO, CONTINENTAL, VALEO, DELPHI, OTTO FUCHS and Shanghai Automotive Air Conditioning Co., LTD. etc. With the acceleration of the global automobile lightweight process, the continuous promotion of new energy vehicles, the continuous development of China's aviation industry and the further integration of the industrial sectors and the world, the industrial aluminum extrusion industry of China's automobile and aviation industry will usher in a broader market space and more development opportunities. At the same time, the company should seize the strategic opportunities of industrial restructuring and upgrading in China, and use good external resources to improve the efficiency of industrial operation and promote the rapid, steady and sustainable development of the company.

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