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About RychenFocus on high-tech research and development, energy-saving product design and production in the fields of fluid transportation (water pump, fan), fine control combustion, high-efficiency heat exchange and high-efficiency permanent magnet motor, and provide professional technical transformation services to provide users with professional comprehensive energy-saving solutions.
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SolutionFocus on high-tech research and development, energy-saving product design and production in the fields of fluid transportation (water pump, fan), fine control combustion, high-efficiency heat exchange and high-efficiency permanent magnet motor, and provide professional technical transformation services to provide users with professional comprehensive energy-saving solutions.
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ProductsFocus on high-tech research and development, energy-saving product design and production in the fields of fluid transportation (water pump, fan), fine control combustion, high-efficiency heat exchange and high-efficiency permanent magnet motor, and provide professional technical transformation services to provide users with professional comprehensive energy-saving solutions.
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BlogWe focus on high-tech research and development, energy-saving product design and production in the fields of fluid transportation (water pump, fan), fine control combustion, high-efficiency heat exchange and high-efficiency permanent magnet motor, and provide professional technical transformation services to provide users with professional comprehensive energy-saving solutions.
Rychen is listed on the Shenzhen Stock Exchange, emphasizing innovation and the "dual carbon" strategy, and committed to becoming a new force in energy conservation and environmental protection on the A-share market
Release time:
2022-11-28
On October 25, 2022, 2)Shanghai Rychen Technologies Co.,Ltd. (stock abbreviation: Ruichen Environmental Protection Stock Code: 301273) was successfully listed on the Growth Enterprise Market of Shenzhen Stock Exchange!
On October 25, 2022, 2)Shanghai Rychen Technologies Co.,Ltd. (stock abbreviation: Ruichen Environmental Protection Stock Code: 301273) was successfully listed on the Growth Enterprise Market of Shenzhen Stock Exchange!
Founded in 2010, Ruichen has been deeply involved in the energy-saving and environmental protection industry for many years and is a well-known manufacturer of energy-saving equipment in China. The company focuses on high-tech research and development, energy-saving product design and production in the fields of fluid transportation (water pump, fan), permanent magnet motor, fine control combustion, high-efficiency heat exchange, etc., and provides professional technical transformation services to provide users with professional comprehensive energy-saving solutions Program.
Revenue and profit have achieved double growth, and the scale layout is gradually expanding
According to the prospectus, from 2019 to 2021, Rychen achieved operating revenues of 197 million yuan, 298 million yuan, and 408 million yuan respectively, with a compound annual growth rate of 43.94%, at a relatively high level of growth; The net profits for the same period were 36 million yuan, 68 million yuan, and 83 million yuan, respectively, with an average growth rate of 42.54%, indicating a good trend of profit growth.
Better performance is based on strong overall strength. It is understood that the competition in the fan and water pump market is fierce, with many domestic and foreign manufacturers participating. Ruichen has won the recognition of many customers because of its good product quality, high operation efficiency and good energy-saving benefits, and the key operation indicators of the equipment have reached the international advanced level, which can meet the production needs of customers and bring good energy-saving benefits to customers.
In recent years, relying on a variety of competitive advantages, Ruichen's business has expanded actively and steadily, and has maintained good cooperation with many companies in cement, steel and other industries such as China Building Materials Co., Ltd., Huaxin Cement Co., Ltd., and China Baowu Iron and Steel Group Co., Ltd., and its business scope has covered most parts of the country.
Adhere to the importance of R & D investment, master the core technology advantages
As a high-tech enterprise in Shanghai, Ruichen has been committed to providing research and development, design, production and sales of energy-saving equipment since its establishment. In the process of years of research and project practice, it has continuously carried out independent research and development and improvement innovation in combination with the actual situation. From 2019 to 2021, the amount of research and development expenses in research and development will grow at an annual rate of 38.28 percent, and the research and development expense rate will remain at around 7 percent.
In terms of R & D mode, the company adopts the research and development mode of independent R & D as the main part and cooperative R & D as the supplement. It cooperates with Beijing University of Aeronautics and Astronautics, Nanjing University of Aeronautics and Astronautics and other scientific research institutions, constantly learning from and absorbing advanced technology in the industry, and promoting the improvement of the company's technology and R & D level in many ways. In terms of personnel training, the company attaches importance to the recruitment of professional talents and the improvement and training of technical ability, and has established a R & D backbone team with rich experience, excellent professional knowledge and outstanding business skills.
At present, the company has formed a number of core technologies focusing on high-efficiency and energy-saving centrifugal fans and high-efficiency and energy-saving centrifugal pumps in the field of energy-saving equipment, and has the ability to provide comprehensive solutions for energy-saving transformation in steel, cement, chemical and other industries. Ruichen has obtained more than 70 patents in technology research and development, including a number of invention patents, and participated in the formulation of national standards.
In recent years, under the influence of national economic development, energy conservation and environmental protection policy guidance, industry technology innovation and other factors, China's energy conservation service industry as a whole has developed rapidly. In addition, with the implementation of policies such as "carbon peak", "carbon neutrality" and "energy reduction", the demand and market space of environmental protection industry have been further expanded. In this context, Ruichen ushered in greater development opportunities, downstream customer demand is strong, the market space is broad.
Chen Wandong, Chairman and General Manager of Ruichen, said at the listing ceremony, "The company will increase investment in subdivided areas to achieve technological innovation, product innovation and solution innovation. On the basis of existing superior products, we will continue to carry out research and development and upgrading; at the same time, the company is also accelerating the layout of energy-saving combustion products, high-efficiency permanent magnet direct drive motor products and other energy-saving fields, and is committed to building Ruichen environmental protection into an innovative leader in China."
The successful listing on the Shenzhen Stock Exchange's Growth Enterprise Market is a new starting point for Rychen. In the future, Rychen will make full use of the power of the capital market to actively promote the completion of the fund-raising project "High-efficiency and Energy-saving Fan Industrialization Construction Project", continue to strengthen core competitiveness, help enterprises achieve high-quality development, and create greater value for shareholders, customers, and the industry Greater value.
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