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The application of the Efte Robotics Board was accepted, with a loss of 140 mill

The application of the Efte Robotics Board was accepted, with a loss of 140 million in the revenue of 1.3 billion in 2018.

 
Core Abstract: The Shanghai Stock Exchange disclosed the application for the listing of the science and technology board of Efte Intelligent Equipment Co., Ltd. Eft is planning to publicly issue no more than 130 million shares, and plans to raise funds of 1.3 billion yuan, all of which will be invested in public industrial robot research and development projects. The actual controller of the company is the State-owned Assets Supervision and Administration Commission of Wuhu City.
The Shanghai Stock Exchange disclosed the application for the listing of the science and technology board of Efte Intelligent Equipment Co., Ltd. Eft is planning to publicly issue no more than 130 million shares, and plans to raise funds of 1.3 billion yuan, all of which will be invested in public industrial robot research and development projects. The actual controller of the company is the State-owned Assets Supervision and Administration Commission of Wuhu City.
 
Eft is a smart manufacturing equipment industry. Its main business is the development, production and sales of industrial robots and their core components and systems. The main products are divided into three categories, namely core components and complete products. , robot system integration solutions.
 
According to the prospectus, from 2016 to 2018, its operating income was 504 million yuan, 782 million yuan, and 1.314 billion yuan respectively. After deducting non-recurring gains and losses, the net profit attributable to owners of the parent company was -8,123,700 yuan, respectively. 1.26 billion yuan, -140 million yuan. The proportion of R&D investment to operating income was 8.86%, 8.03%, and 5.91%, respectively.
 
The company has not yet achieved profitability, so the company chose the fourth set of listing standards, that is, the estimated market value is not less than 3 billion yuan, and the operating income in the most recent year is not less than 300 million yuan.