VIGA Faucet Moetsi 
Bathroom Business School
Ka Pherekhong 28, Khomishene ya Securities and Futures e phatlalalitse prospectus ea pele ea phano ea sechaba (ho faela) ea Hangzhou Panasia Sanitary Ware Co. Panasia Sanitary Ware e ikemiselitse ho fana ka ka 31.27 liabo tse limilione ho bokella chelete bakeng sa kaho ea metheo ea tlhahiso, kaho ea theknoloji ea tlhahisoleseling, etc. Panasia Sanitary Ware 2020 e na le chelete e fetang 1.1 li-yuan tse libilione, mme bareki ba eona ba kenyelletsa TOTO, Kohler, Roca, Moen le lik'hamphani tse ling tse tummeng tsa kantle ho naha. Roca, Moen le lik'hamphani tse ling tse tsebahalang tsa kantle ho naha. Haeba e thathamisitsoe ka katleho, likhamphani tse thathamisitsoeng ka kamoreng ea ho hlapela li tla eketsa a “bohale”.
Ho tsetela 568 li-yuan tse limilione bakeng sa motheo oa tlhahiso le kaho ea tlhahisoleseling
Ho latela prospectus, Panasia Sanitary Ware e ikemiselitse ho thathamisa le ho fana ka 3,126,667,000 likarolo tsa A-share ea lapeng, accounting for 25.00% ea palo eohle ea likarolo tse fanoeng ke khamphani, ka kakaretso ea share capital ea 12,506,667,000 likarolo ka mor'a taba. E ile ea etsa kopo ea ho ngolisoa ho Shenzhen Stock Exchange, 'me theko ea tokollo ha e so tsejoe.
Panasia bathroom in the prospectus e boletse hore taba ea lichelete e tla tseteloa mererong e 'meli e meholo ho ea ka boemo ba sebele ba k'hamphani., ho kenyelletsa “kichineng le lihlahisoa tsa ho hlapela ka bohlale tlhahiso ea motheo le kichineng le ntloana R & D setsi le morero oa kaho ea tlhahisoleseding”, le “lihlahisoa tse hlapang bohlale ho etsa katoloso morero “. Har'a bona, kakaretso ea chelete ea matsete ea morero o monyenyane “morero oa kaho oa motheo o bohlale oa tlhahiso ea lihlahisoa tsa kichine le ntloana” ke 357 li-yuan tse limilione, Accounting bakeng sa ho feta 60% ea chelete eohle ea matsete a merero eohle.
Yuniti: li-yuan tse limilione
| Che. | Lebitso la Morero | Merero e nyane | Kakaretso ea chelete ea matsete | Matsete a reriloeng a phaello Chelete |
| 1 | Kichine le lihlahisoa tsa ho hlapela tse bohlale tsa tlhahiso ea tlhahiso le kichine le ntloana R&D setsi le morero oa kaho ea tlhahisoleseding
| Kichine le lihlahisoa tsa ho hlapela ka bohlale tlhahiso ea tlhahiso ea motheo ea Morero oa Kaho | 35,676.67 | 35,676.67 |
| Kichine le kamore ea ho hlapela R&Setsi sa D le morero oa kaho ea tlhahisoleseling | 10,484.77 | 10,484.77 | ||
| 2 | Lihlahisoa tsa bohloeki tse bohlale ho etsa le morero oa katoloso | – | 10,61 &17 | 10,61 &17 |
| Kakaretso | 56,779.61 | 56,779.61 | ||
Le 11 lik'hamphani tse kopanetsoeng, chelete e kenang ka 2020 feta 1.1 li-yuan tse libilione
Prospectus e bonts'a hore mohlahlami oa pele oa Panasia Sanitary Ware Co. Ka December 2009, Panasia Limited e ile ea hlophisoa bocha e le k'hamphani e kopaneng ea matsete a tsoang kantle ho naha 'me ea rehoa lebitso la “Hangzhou Panasia Sanitary Ware Co. E na le motse-moholo o ngolisitsoeng oa 40 li-yuan tse limilione, mme moemeli oa molao ke Zhang Boliang. Hajoale, balaoli ba sebele ba Panasia Sanitary Ware ke Zhang Boliang, Uena Rujun, Zhang Ye le Yao Lei. Mmoho, ba tšoara ka ho toba le ka tsela e sa tobang 76.70% ea likarolo tsa k'hamphani pele ho khatiso ena, le ho laola hammoho 82.60% ea likarolo tsa k'hamphani pele ho khatiso ena.
Ho tlalehoa hore Panasia Sanitary e 'nile ea kopanela khoebong ea thepa ea kichineng le ea ho hlapela ho tloha ka nako eo 2010. Hajoale e thehile metheo e meraro ea tlhahiso Tonglu, Zhejiang, Long An, Vietnam le Rayong, Thailand. Ho tloha ka letsatsi la prospectus, Panasia Sanitary Ware has 9 makalana a ruilweng ka botlalo le 2 makala.
Prospectus e boetse e senola khoebo ea Panasia Bathroom lilemong tse tharo tse fetileng. Ho tloha 2018 ho 2020, Panasia Sanitary e fihletse chelete ea ho sebetsa ea 743 li-yuan tse limilione, 809 limilione tsa yuan le 1.102 li-yuan tse libilione, ka ho latellana, e bontshang mokgoa wa kgolo ya selemo le selemo. Phaello e felletseng e hlahisoang ke beng ba liabo ba k'hamphani ea motsoali bakeng sa nako e tšoanang ke RMB 0.20 limilione tse likete, RMB 0.66 Billion le RMM 118 limilione ka ho latellana, ka lebelo le tšoanang la kholo.
Yuniti: li-yuan tse limilione
| Merero | Selemo 2020 | Selemo 2019 | Selemo 2018 |
| Chelete ea ho sebetsa | 110,202.74 | 80,884.06 | 74,325.88 |
| Phaello ea ts'ebetso | 12,694.86 | &470.94 | 3,581.37 |
| Kakaretso ea phaello | 13,159.04 | 8,392.37 | 3,298.47 |
| Phaello ea phaello | 12,283.46 | 7,511.61 | 2,409.32 |
| Chelete ea phaello e hlahisoang ke beng ba liabo ba k'hamphani ea motsoali | 11,793.29 | 6,642.67 | 2,017.48 |
| Phaello e hlahisoang ke beng ba karolo ba k'hamphani ea motsoali ka mor'a phaello ea marang-rang ka mor'a phaello kapa tahlehelo e tloaelehileng | 8,772.55 | 6,237.98 | 4,706.74 |
Khoebo e kholo ea Panasia Sanitary Ware ke lipatlisiso le nts'etsopele, tlhahiso le thekiso ea lihlahisoa tsa ntlo tsa kichineng le kamore ea ho hlapela. 2020, chelete e kenang khoebong e kholo e baloang 98.83% ea chelete ea k'hamphani. Ho ea ka lihlopha, lik'habote ke sehlopha se seholo ka ho fetisisa ho latela chelete ea Panasia Sanitary Ware, accounting for 38.36% ea chelete ea ts'ebetso. Sena se lateloa ke li-drain rods le lisebelisoa (26.11%), Li-facets le lisebelisoa (10.90%), le litsoele (7.50%). Holim'a moo, Panasia bathroom e boetse e na le tlhahiso ea likhabote tsa ho hlapela, hoses, lisebelisoa tsa thepa ea ka tlung le lihlahisoa tse ling.
Yuniti: li-yuan tse limilione.%
| Merero | Selemo 2020 | Selemo 2019 | Selemo 2018 | ||||
| Palo | Tekanyo | Palo | Tekanyo | Palo | Tekanyo | ||
| Lithupa le lisebelisoa | 28,437.48 | 26.11 | 29,007.05 | 36.28 | 29,156.36 | 40.23 | |
| Bathroom Accessories Products
| Faucet le lisebelisoa | 11,874.02 | 10.90 | 11,193.77 | 14.00 | 10,098.21 | 13.93 |
| Kobeha | 8,166.32 | 7.50 | 5,936.84 | 7.43 | 5,645.97 | 7.79 | |
| Hose le lisebelisoa | 5,196.94 | 4.77 | 4,715.25 | 5.90 | 4,043.25 | 5.58 | |
| Likarolo le tse ling | 6,186.53 | 5.68 | 6,962.31 | 8.71 | 6,820.56 | 9.41 | |
| Kakaretso | 59,861.29 | 54.96 | 57,815.22 | 72.31 | 55,764.34 | 76.93 | |
| Likhabinete tsa kichineng | 41,780.70 | 38.36 | 16,126.61 | 20.17 | 11,444.84 | 15.79 | |
| Kichine & Lihlahisoa tsa Thepa ea Bateng | Mabina a hlapela | 666.90 | 0.61 | 1,576.06 | 1.97 | 2,206.76 | 3.04 |
| Lisebelisoa tsa thepa ea ka tlung le tse ling | 6,604.24 | 6.06 | 4,436.19 | 5.55 | 3,066.78 | 4.23 | |
| Kakaretso | 49,051.84 | 45.04 | 22,138.87 | 27.69 | 16,718.39 | 23.07 | |
| Kakaretso | 108,913.13 | 100.00 | 79,954.08 | 100.00 | 72,482.73 | 100.00 | |
Lekeno la thekiso ea kantle ho naha le ne le feta 50%, TOTO, Roca, Kohler, Moen, etc. ke bareki ba ka sehloohong
Lekeno la kantle ho naha la Panasia Sanitary le etsa karolo e kholo ea chelete eohle. The prospectus e bontša hore ho tloha 2018 ho 2020, chelete ea chelete ea thekiso ea kantle ho naha ea Panasia sanitary ware ke 381 li-yuan tse limilione, 443 limilione tsa yuan le 733 li-yuan tse limilione ka ho latellana. E ile ea ikarabella 52.52%, 55.43% le 67.26% ea lekhetho le leholo la khoebo, ka ho latellana.
Ho senoloa hore bareki ba ka sehloohong ba Panasia Sanitary Ware ba kenyelletsa Kohler, Moen, Delta, Hansgrohe, Grohe, Maemo a Amerika, TOTO, Roca, etc., har'a tsona tšebelisano 'moho le Kohler, Moen, Delta, American Standard le mefuta e meng e bile ho feta 15 lilemo.
Ka lebaka la boemo bo phahameng ba ho tsepamisa maikutlo ho bareki, Panasia bathroom in the prospectus ho batsetedi likotsi tse loketseng: ho tloha 2018 ho 2020, chelete ea thekiso ea khamphani ea bareki ba bahlano ba holimo ba 574 li-yuan tse limilione , 620 limilione tsa yuan le 878 li-yuan tse limilione. E ile ea ikarabella 77.17%, 76.65% le 79.68% ea chelete ea hajoale ea ts'ebetso, ka ho latellana. E na le tekanyo e phahameng ea ho tsepamisa maikutlo ho bareki.
Ho filing, Panasia Sanitary ha ea ka ea senola letsatsi le lebelletsoeng la tokollo le theko ea tokollo ka karolo ka 'ngoe. Ho ea ka boemo ba hore khampani e ka thathamisoa hoo e ka bang likhoeli tse tšeletseng ka mor'a ho phatlalatsoa ha prospectus, haeba e tsamaea hantle, Panasia Sanitary e lebelletsoe ho thathamisoa karolong ea bobeli ea 2021 kapa halofo ea pele ea 2022.
Ho feta 20 'Mapa oa bohloeki, likhoebo tsa thepa ea ka tlung li kolokile ho ea phatlalatsa
Hole haholo, likhoebo tse amanang le indasteri ea ho hlapela ea malapeng li thathamisitsoe ho Dongpeng Holdings, Lehae la Diou, Huida Sanitary, Seagull Sumitomo, likarolo tse 'nè tsa ho feta, Theknoloji ea Solux, Lehae la Jianlin, R & T. Khamphani ea morao-rao e amanang le kamore ea ho hlapela e phatlalalitsoeng ke Dongpeng Holdings, ka letsatsi la lethathamo la October 2020.
Leha, ha ho na lik'hamphani tse amanang le kamore ea ho hlapela tse thathamisitsoeng ho fihlela joale 2021, leha ho le joalo, ba 'maloa ba qalile mokhoa oa ho etsa lethathamo. Ka la 5, 2020, webosaete ea SEC e lokolotse tsebiso ea ho amoheloa ha ngoliso ea tlhabollo ea lehae ea Arrow, ho bonts'a hore k'hamphani e kene tšebetsong ea ho etsa lethathamo. Kamore ea ho hlapela ea Huayi e boetse e senotse hore e tla qala ts'ebetso ea IPO ha e nka karolo ho Jiangmen 100 likhoebo li thathamisitse kopano ea boipiletso ka Pulungoana 2020. Ho kena 2021, Hilk e bile k'hamphani ea pele e amanang le kamore ea ho hlapela ho senola moralo oa eona oa lethathamo. Khampani hajoale e ntse e fuoa tlhabollo ea IPO, ’me nako ea ho fana ka keletso ke hoo e ka bang ka April 2021 Ho fihlela Mphalane 2021.
Ho atametsa indasteri ea thepa ea ka tlung, palo ea lik'hamphani tse phatlaletseng kapa tse moleng oa ho kena sechabeng 2021 e kgahla le ho feta.Ho ya ka dipalopalo tse sa fellang, ho thathamisitsoe lik'hamphani tsa thepa ea ka tlung karolong ea pele ea 2021 kenyeletsa Wangli Security, Zhenai Maijia, Romain, Lisebelisoa tsa Natural Outdoor Goods Inc. le Yuma Sun-Shading, hara tse ding tse ngata. E 'ngoe ho feta 20 likhoebo tsa thepa ea ka tlung li ntse li tsoela pele ho etsa lethathamo, ho kenyeletsoa lethathamo le matla ka ho fetisisa la likhoebo tse bohlale tsa thepa ea lapeng.Sehlopha se kenyelletsa lik'hamphani tse kang Eoroom Intelligent., Haojiang Intelligent, ORVIBO, HHC le Ezviz.
Ho latela ts'ebetso ea pele ea tlhahlobo ea tlhahlobo ea Securities and Futures Commission, likhoebo tse thathamisitsoeng ka kakaretso li hloka ho feta ka kamohelo, seboka sa maikutlo, Seboka sa pele sa tlhahlobo, tlhahiso ea tlhahlobo, moqolo o tiisitsoeng, tlhahiso e amohelehang le lihokelo tse ling. Sena ka kakaretso se nka likhoeli tse 'maloa ho isa halofo ea selemo. Sena se bolela hore halofo ea bobeli ho ea mathoasong a selemo se tlang, 'maraka oa lichelete o tla kenya likhoebo tse ngata tsa thepa ea ka tlung. Kahoo, ho bonahala eka indasteri ea ntlo ea ho hlapela le ea thepa ea ka tlung e kene nakong e ncha ea ho etsa lethathamo.