Runbang announced today that it will spend 360 million yuan to build a "heavy equipment assembly base project."

According to the announcement, the project will be implemented through the wholly-owned subsidiary of Runbang Nantong Runbang Marine Engineering Equipment Co., Ltd. (hereinafter referred to as “Runbang Ocean”). The project has invested 360 million yuan, of which the use of over-raised funds of 180 million yuan plus the bank Borrowing 180 million yuan.

It is reported that the above-mentioned project construction site is located along the river ship industry zone in Huiping Town, Qidong City, Jiangsu Province; the project plans a total land area of ​​148,200 square meters (approximately 222.3 acres), will use a total coastline length of 794.2 meters, and build 48,262 square meters of heavy equipment assembly. The site and a 326-meter-long quay, including a heavy equipment assembly and delivery berth and a material berth, will also transform the existing 20,000-ton berth with a total construction area of ​​32,154 square meters. The entire project construction period is expected to be 1 year.

According to the announcement, after the completion of the project, it will form a total capacity of 2 offshore wind power operation platforms and 2 offshore laying pipe carriers for general assembly and armoring; and 10,000 tons of offshore engineering cranes, offshore mooring devices, and pile and column systems. Delivery of industrial equipment products; at the same time, it can provide Nantong Runbang Heavy Machinery Co., Ltd. with 30 sets of 6,000 tons of stacker/reclaimer for annual assembly and delivery of paid services.

Runbang Group predicts that the project can achieve a total profit of RMB 56.069 million, a net profit of RMB 42.059 million, a projected financial internal rate of return of 15.7% (after income tax), and an investment recovery period of 6.77 years (after income tax, including construction). period).

The company believes that investing in the "heavy equipment assembly base project" will help improve the company's equipment and facilities required for manufacturing heavy equipment, further strengthen the company's ability to undertake heavy equipment orders, accelerate the development of the company's marine engineering equipment business, and improve the company's Product competitiveness, expand production capacity.

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