Soft Control Co., Ltd. Cooperates With Hainan Rubber, And The Two Leading Companies Jointly Develop Rubber Machinery

- Mar 01, 2019-

Soft Controls (002073) and Hainan Rubber (601118), two leading rubber industry companies, announced on February 24 that they announced "hands-on". The "Strategic Cooperation Agreement" shows that the two sides will take advantage of the policy advantages of Hainan Free Trade Area (Hong Kong) construction and carry out in-depth cooperation in research and military-civilian integration.

Headquartered in Qingdao, Shandong Province, Soft Controls is the largest rubber machinery manufacturer in China, and its business scope covers new rubber materials, environmental protection, Internet of Things, new energy and other fields. Hainan Rubber Headquarters is located in Haikou City, Hainan Province. It is the largest international rubber plant in China and the most comprehensive industrial chain. It is a participant and promoter of the domestic natural rubber industry standards. The announcement shows that in recent years, Hainan Rubber has vigorously promoted the research and development and industrialization of rubber new materials and high-end rubber manufacturing, and made breakthroughs in military aviation tire rubber and nano-clay rubber. From January to September 2018, Hainan Rubber achieved operating income of 4.349 billion yuan and net profit of 450 million yuan (the above data has not been audited).

The announcement shows that the two sides will give full play to their respective advantages in the rubber industry chain, complement each other, and carry out in-depth cooperation in rubber research based on the direction of military and civilian integration, with emphasis on the establishment of national key laboratories of natural rubber and synthetic rubber (Hainan). The two sides will also cooperate in the development and application of air springs. According to reports, the main component of air springs is natural rubber, which can be applied to high-elastic high-elastic shock-absorbing frames. The two sides focus on integration from the industrial chain. In the direction of R&D and manufacturing of air springs, it is proposed to introduce, license and invest in technology. Mergers and acquisitions, etc., to achieve common development in this field. In addition, the two sides will also carry out all-round cooperation of EVEC tread rubber compound through capital cooperation and industrial application, and explore the development of new industry standards based on this technology.

In terms of manufacturing upgrades, the two parties will give full play to their respective advantages, jointly develop smart tapping rubber, intelligent rubber picking, fully improve rubber production capacity, reduce costs, and comprehensively promote industrial intelligent upgrade. At the same time, the two parties will jointly carry out intelligent upgrading and transformation of rubber processing equipment, build smart factories, promote the formulation of standards, and gradually promote them through the global factories controlled by the company. In addition, the two parties will jointly develop rubber machinery with independent intellectual property rights, reduce the labor intensity and improve the safety factor. Relying on the IOT Internet of Things, we will realize intelligent manufacturing, build smart factories, and promote the right to formulate international standards. Both parties will rely on the company's experience and technology advantages of soft control shares to invest in research and development.

The announcement shows that the two sides have jointly established R&D and joint investment in new industries such as smart manufacturing and rubber new materials through the principle of “risk sharing and benefit sharing” and jointly establishing investment funds through their own or related partners, effectively enhancing the resources of both parties. The synergy of funds, teams and project libraries to help upgrade the industry.

The strategic cooperation agreement signed this time does not involve specific projects and amounts. The specific cooperation projects and amounts of the two parties are subject to the formal contracts signed in the actual cooperation in the future. Therefore, it is temporarily impossible to predict that the strategic cooperation agreement will cause the company's operating results. Impact.