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    600775   CNE000000NB7

NANJING PANDA ELECTRONICS COMPANY LIMITED

(600775)
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Nanjing Panda Electronics : Panda Manufacturing creates intelligent factory

04/25/2021 | 10:50pm EDT

Since last year, Panda Manufacturing has completed the automation and information transformation of the substrate assembly line. Through the automatic assembly, automatic welding, automatic test transformation and customized MES system, the manual assembly operation mode in past was changed, the labor cost was reduced, the substrate assembly technology was upgraded, the overall capacity of DIP section was improved, the personnel was reduced by 60%, and the production efficiency was increased by 6%. The company built a lean informationalized platform in the lean improvement work, promoted all staff to participate in the lean production management of the enterprise. In 2020, 68 projects of 'three-improvements' were declared and implemented with 12 million yuan saved.


Through continuous extension of informatization, the company communicates with key nodes to support the construction of intelligent factory. SAP system is adopted to complete the procurement work, improve the authority management, and finish the material procurement in accordance with the customer's needs, so as to realize the interconnection of SAP and MES systems between Nanjing and Chengdu factories. The company has established the SPI, AOI real-time monitoring and remote control system. The TV monitoring screen hung in the workshop can display the Rolled Throughput Yield (RTY) and error report in real time, and monitor the working conditions of SPI and AOI at any time. It can directly adjust the machines on the production line remotely without stopping the machine, and greatly improve the production efficiency.

Disclaimer

Nanjing Panda Electronics Company Ltd. published this content on 26 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2021 02:49:03 UTC.


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Financials
Sales 2020 3 952 M 612 M 612 M
Net income 2020 77,3 M 12,0 M 12,0 M
Net cash 2020 1 801 M 279 M 279 M
P/E ratio 2020 88,5x
Yield 2020 0,35%
Capitalization 4 333 M 671 M 670 M
EV / Sales 2019 1,39x
EV / Sales 2020 1,09x
Nbr of Employees 3 247
Free-Float 64,6%
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Managers and Directors
De Chuan Xia General Manager & Executive Director
Dali Hu Chief Financial Officer & Chief Accountant
Gui Xiang Zhou Chairman
Ji Zhao Chairman-Supervisory Board
Wai Tsun Chu Independent Non-Executive Director