At present, the production capacity is about 350000 tons, and the production capacity under construction is 250000 tons.

The integrated operation of the company has obvious advantages: the company is in the forefront of the design, manufacturing and installation level in the field of steel structure, has advanced manufacturing, processing and testing equipment, and has a strong steel structure installation team.

U60 Magnetic Profile

3), which made it clear that the newly started precast buildings in the whole city accounted for more than 40% of the newly-built buildings in 2022, and increased year by year, reaching 60% by 2025.

The franchise business realized a business volume of 200 million yuan, an increase of 100% over the same period last year.

Therefore, the demand for precast buildings is expected to be large.

Seiko steel structure capacity expansion solid steel structure main business: in 2021, the company undertook 48 EPC and precast construction businesses.

It is estimated that during the 14th Five Year Plan period, the precast building area of newly-built affordable rental housing is about 460 million square meters, of which the area from 2022 to 2023 is 127 million square meters and 145 million square meters, with a year-on-year growth rate of 114.29% and 13.33%.

With the completion of the new production capacity in the later stage, it is conducive to further expanding the capacity scale of the company and strengthening the main business of steel structure.

Among them, precast construction and BIM Technology are the key development directions of the construction industry during the 14th Five Year Plan period.

It is expected that the government will put forward higher requirements for the assembly rate, green construction and intelligent construction standards of affordable housing.

According to statistics, during the 14th Five Year Plan period, the construction scale of affordable rental housing is about 10.32 million units, about 567.6 million square meters.

After all put into operation, the production capacity of the company reaches 600000 tons, forming a competitive barrier in the industry.

In addition, the company has promoted the construction of three bases, including Anhui Lu’an base (with a new steel structure capacity of 200000 tons after reaching the production capacity), Zhejiang Shaoxing base (with a new precast building capacity of 400000 square meters after reaching the production capacity), Jiangsu Suqian base (with a new steel structure capacity of 150000 tons after reaching the production capacity).

We believe that with the rapid development of China’s construction industry and the strong guidance of national policies, precast buildings are expected to usher in a business cycle.

In addition, precast buildings can greatly reduce construction waste and wastewater drainage, reduce construction noise, and have obvious benefits of energy conservation and environmental protection, which is in line with the current domestic trend of green buildings.

With the rapid development of affordable housing, precast buildings are expected to benefit greatly.

During the 14th Five Year Plan period, affordable rental housing is expected to benefit from the rapid development of policy dividends.

By creating a main body focusing on the construction of distributed photovoltaic power stations, the company is expected to accelerate the process of improving the layout of green building industry.

The general contracting mode of construction engineering and the whole process engineering consulting service mode are also the key development modes of construction engineering.

In addition, the special establishment of subsidiaries is also conducive to the company’s integration of high-quality customer resources accumulated in the field of public buildings and industrial buildings, and polishing its experience and technology in the construction of distributed photovoltaic projects, so as to enhance the company’s differentiated competitive advantage in the main business of steel structure and create a second growth curve.

Among them, 43 are EPC and precast construction businesses, and 5 are precast construction technology franchise businesses.

Overweight photovoltaic EPC business: the subsidiary Seiko green carbon is specially responsible for the distributed photovoltaic EPC business and is involved in the technical business in the field of solar technology; Design of photovoltaic cells, modules and supports, photothermal system equipment; Sales of photovoltaic equipment and components, new energy and photovoltaic power generation integrated system.

the company has made a fine division of labor from the overall engineering design, steel structure processing, installation, PC plate and other parts production and processing, internal door and window decoration, and established and improved the upstream and downstream supply cooperation relationship of Fuhuang cast building parts, A complete supply system for the precast construction industry has been formed.

Precast building can better realize design standardization and management informatization, so it has the characteristics of high efficiency and short construction period.

The seven major tasks proposed in the 14th five year plan for the development of construction industry fully cover all aspects of the construction industry.

On July 2, 2021, the State Council issued the document “opinions on accelerating the development of affordable rental housing”.

New contracts of Fuhuang steel structure in the first three quarters increased by 10% year-on-year, and the capacity planning increased by 71% to 600000 tons: the company signed new contracts of 4.7 billion yuan (+ 10%) in the first three quarters, and 1.15 billion yuan (- 5%) in the single quarter in the third quarter.

The company has set up subsidiaries such as Fuhuang design, Fuhuang engineering technology, Anhui Hengde, Fuhuang construction technology, Fuhuang construction engineering, Fuhuang door and window curtain wall, Fuhuang wood industry, etc.

Recently, the official website of the Ministry of housing and urban rural development issued the 14th five year plan for the development of construction industry (hereinafter referred to as the plan), clarifying the strategic direction of the development of construction industry during the 14th Five Year Plan period.

We believe that driven by the transformation of building industrialization and the 3060 double carbon goal, it is expected that China’s precast buildings will usher in rapid development during the 14th Five Year Plan period.

Affordable housing is a government led investment project and an important means to respond to “double carbon”.

Various projects have been started one after another.

The content of this paper is extracted from: Societe Generale Securities Research Report – “policies promote the rapid development of affordable housing, and the benefit certainty of precast buildings is high”, Tianfeng Securities Research Report – “overweight photovoltaic EPC business, the second growth curve is clear”..

The Ministry of housing and urban rural development issued the 14th five year plan for the development of construction industry to help the development of precast buildings.

By the end of September 2021, the company had won the bid but not signed the contract, totaling 157 million yuan.

The top-level design of the housing security system at the national level is clarified for the first time, and affordable rental housing has become the focus of construction.

On March 10, the reporter learned from Yantai housing and urban rural development bureau that in order to strengthen the promotion of precast buildings and improve the application scope of precast technology, Yantai issued the notice on implementing the relevant requirements of precast buildings in the design stage (yjjk [2022] No.