{dede:field.body/}        SupeZET has continuously promoted the development goal of building advanced production capacity, created a new refinery and chemical integration project with international competitiveness, and provided the process and equipment foundation for the implementation of high-quality development of China's refinery and chemical industry.
 
       Shanghai SupeZET Engineering Technology Co., Ltd.（hereinafter referred to as "SupeZET Co., Ltd.",688121.SH）is a large-scale modular and integrated manufacturer of refining and chemical equipment with advanced industry technology. It is in an advantageous position in research and development design, product quality, and scale supply, and has the strength to compete with internationally renowned brands on the same platform.
 
       Recently, SupeZET shares initially issued new shares and listed on the Shanghai Stock Exchange science and technology board, raising funds intended to be used for "petrochemical special equipment production projects" and so on.
 

Achieve a "one-stop" factory production of ethylene plant market share of more than 40%
 
        The refining and chemical industry is the pillar industry of the national economy. In recent years, the petrochemical industry has accelerated to the direction of green, intensive and efficient development, and the industry has continued to grow. As a manufacturer with a dominant position in the field of refining and chemical equipment, SupeZET will greatly benefit from the expansion of downstream demand.
 
       SupeZET is specialized in providing integrated solutions for customers in petrochemical, oil refining, natural gas chemical and other fields. The company has formed a full-process service system, the product system covers petrochemical special equipment, refining special equipment, engineering contracting services and other products and services, complete the "refining and chemical integration" full coverage, can achieve the "one-stop" factory production of related equipment. In 2020, petrochemical special equipment, refinery special equipment, engineering contract services and other products and services accounted for 69.29%, 14.09%, 10.69% and 5.93% of the revenue, respectively.
 
       SupeZET Shares have a pivotal position and a high market share in the oil refining and chemical equipment manufacturing industry, which can be seen by the market share of the company's main product ethylene cracking furnace.
 
       Ethylene production is one of the important indicators to measure the development level of a country's petrochemical industry, ethylene cracking furnace is the key and core process equipment in ethylene plant, and the capacity of related equipment can represent the capacity of the whole ethylene plant.br />  
       According to the proportion of the ethylene production capacity corresponding to the supplied equipment in the national annual ethylene production capacity, in 2020, according to the number of equipment sets, the market share of SupeZET shares is 44.12%; According to the calculation of equipment ethylene production capacity, the market share of SupeZET shares is 44.52%.
 
       SupeZET has continuously promoted the development goal of building advanced production capacity, created a new refinery and chemical integration project with international competitiveness, and provided the process and equipment foundation for the implementation of high-quality development of China's refinery and chemical industry.
 
       With advanced product development and design capabilities and high-quality product quality, SupeZET Shares have won the favor of more and more well-known enterprises at home and abroad. By the end of 2020, the company has completed 33 export projects and 329 domestic projects, and a number of projects have become industry benchmarks.
 

Practice internal circulation to achieve import substitution   Continuous product innovation and excellent growth
 
       In the new situation of anti-globalization, rising trade protectionism and shrinking world market, the state proposed to "gradually form a new development pattern with the domestic cycle as the main body and the domestic and international cycles mutually reinforcing." Petrochemical industry is the foundation and pillar industry of China's national economy, ethylene, polyethylene and other major petrochemical products as an important strategic basic means of production, its self-sufficiency is to ensure the security of the supply side, the practice of the "internal circulation" strategy of the necessary premise, but also on the relevant refining special equipment production process of the comprehensive import substitution put forward higher requirements. Among them, SupeZET shares and other advantageous equipment manufacturers can do a lot.
 
       Since its establishment, SupeZET has been adhering to the innovative development path, constantly increasing research and development investment, improving the company's independent research and development innovation ability, and gradually realizing a major leap from parts production to device integration. The company has a relatively perfect R & D innovation system platform, accumulated a number of core technologies, up to now, the company has 14 authorized invention patents, 87 utility model patents.
 
        SupeZET Shares continue to innovate products, closely deploy innovation chains around the industrial chain, take advantage of the location advantages and industrial agglomeration advantages in the Yangtze River Delta region, and realize the development from the core parts supply of refining and chemical equipment to the modular supply of equipment, and then to the whole furnace supply and device integration engineering model upgrade.
 
        Driven by its advantageous competitive position and continuous product innovation, SupeZET shares have outstanding growth potential. From 2018 to 2020 and the first half of 2021, the company's operating revenue was 816 million yuan, 1.395 billion yuan, 2.728 billion yuan, and 1.875 billion yuan, respectively, with a year-on-year increase of 366.97% in the first half of 2021; The net profit attributable to the parent company was 40 million yuan, 112 million yuan, 248 million yuan, and 105 million yuan, respectively, with a year-on-year increase of 331.84% in the first half of 2021; The net operating cash flow was 60 million yuan, 283 million yuan, 141 million yuan, and 506 million yuan, respectively, with a year-on-year increase of 248.69% in the first half of 2021. From 2018 to 2020, the weighted average net return on assets of the company will be 13.75%, 30.51% and 45.26% respectively, and the profitability will rise strongly.


Article source: Securities Market Weekly