Hangyu technology, a joint-stock company, is listed on the science and innovation board today. Longyuan construction is looking forward to the layout of the military industry plate

China securities online news of Shanghai Stock Exchange Today, Hangyu technology, in which Longyuan construction shares, was listed on the science and Innovation Board of Shanghai Stock Exchange.

Hangyu technology is a high-tech enterprise mainly engaged in the R & D, production and sales of ring forgings of aviation difficult to deform metal materials. Its main products are aeroengine ring forgings. At present, the company's core technology products have been widely used in domestic and overseas aeroengine markets, covering high-end equipment fields such as launch vehicles, missiles and gas turbines. The company has accumulated high-quality customer resources, and its products have been applied toC919, J-10, j-20 and other projects. At the same time, the company has obtained the supplier qualification certification of international aero-engine customers such as General Electric (GE), RORO, Safran and Honeywell, and has successively signed long-term agreements on international new generation civil aero-engine ring forgings.

It is worth noting that Longyuan construction through Hangzhou Canyun Yingyi investment partnership (hereinafter referred to as"Canyun investment") holds 25.02% shares of Hangyu technology, is the second largest shareholder of Hangyu technology, and is looking forward to the layout of the military industry sector. According to the data, Canyun investment is the equity investment platform of Longyuan construction, and the shareholding ratio of Longyuan construction is 99%. At present, Canyun investment holds 26.529 million shares of Hangyu technology.

As a leading private construction enterprise in China, Longyuan construction has formed a diversified whole industry chain layout of civil construction, architectural decoration, steel structure, curtain wall, water conservancy and other buildings for many years. The company actively seeks to transform from a traditional construction contractor to an infrastructure investor, and expand its layout in the strong operation fields of people's livelihood such as medical care and elderly care, culture and sports, education and environmental protection.In 2020, the company's newly signed orders totaled 24.236 billion yuan, a year-on-year increase of 19.02%; The newly undertaken traditional projects totaled 19.069 billion yuan, a year-on-year increase of 11.81%. Among them, non housing construction projects accounted for 36%, non private businesses accounted for nearly 50%, and the order structure was optimized.

The company said that in the future, it will rely on Longyuan ecology, optimize resource allocation, develop mixed operation under the construction background, build a steel structure fabricated platform, and gradually make the steel structure fabricated business a new revenue and profit growth point of the company.