On April 17, Hunan Farsoon High-Tech Co., Ltd. (hereinafter referred to as "Farsoon High-Tech") was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. It is the first Science and Technology Innovation Board in Hunan Province this year. listed company.
The issue price of Farsoon Hi-Tech is set at 26.66 yuan per share, the price-earnings ratio of the issue is as high as 154.83 times, and the total fundraising amount reaches 1.105 billion yuan. The funds raised this time are planned to be used for the expansion project of additive manufacturing equipment, the project of R&D headquarters and industrial application center, the construction project of additive manufacturing technology innovation (Shanghai) research institute, and the excess raised part is used to supplement working capital.
Since its establishment, Farsoon Hi-Tech has focused on the R&D, production and sales of industrial-grade additive manufacturing equipment. The company's core products are metal 3D printing equipment and polymer 3D printing equipment with independent intellectual property rights and applied core technologies, and at the same time provide customers with self-developed 3D printing polymer powder materials. From 2019 to 2021, Farsoon Hi-Tech's main business income continued to grow steadily. The company achieved operating income of 155 million yuan, 217 million yuan, and 334 million yuan respectively; the net profit attributable to the parent was 17.95 million yuan, 40.96 million yuan and 117 million yuan.
In terms of technical route, Farsoon Hi-Tech is positioned in the field of industrial-grade additive manufacturing, and provides independent equipment and materials for the direct manufacturing and industrial application of industrial end products. Selected laser melting (SLM) and selected laser sintering (SLS) processes have significant advantages such as a wide range of materials, good mechanical properties, high forming precision, high material utilization, and high complexity of formable structures. They are the mainstream processes of additive manufacturing. It has a high degree of fit with the company's demand for direct manufacturing of terminal products in the industrial field and mass industrial production.
Selective laser melting (SLM) process technology
The metal 3D printing equipment independently developed by Farsoon Hi-Tech adopts the selective laser melting (SLM) process technology, which uses laser energy to completely melt metal powder materials layer by layer to form superposition. High, with rapid solidification tissue characteristics and good mechanical properties, it can achieve high printing accuracy and the manufacture of extremely complex structures, meeting the application scenarios of direct manufacturing of terminal parts.
At the same time, this forming technology can significantly shorten the product development and manufacturing cycle, and a wide range of metal materials can be selected, including titanium alloys, aluminum alloys, high-temperature alloys, copper alloys, cobalt-chromium alloys, stainless steel, high-strength steel, mold steel, refractory metals, etc. Compared with traditional subtractive manufacturing, it has a higher material utilization rate and a higher degree of design freedom, and can realize advanced design methods such as integrated design, topology optimization design, and lattice design. In summary, the characteristics and advantages make this technology one of the mainstream technologies in the field of industrial metal additive manufacturing in recent years, and it is widely used in aerospace, mold, automobile, medical, scientific research and education and other fields.
Selective laser sintering (SLS) process technology
The polymer 3D printing equipment independently developed by Farsoon Hi-Tech adopts the selective laser sintering (SLS) process technology. Constrained by the technical difficulty of controlling the shape and properties of forming materials, the selective laser sintering (SLS) process technology is one of the more complicated process routes. The company is one of the few companies in the world that has mastered this core technology and launched industrial-grade industrialization equipment. supplier of additive manufacturing equipment.
The company is also the first to launch Flight technology in the world, which can realize multi-laser configuration and print fine thin-walled parts, greatly improving production capacity and printing effect.
Compatible with CO2 laser and fiber laser
Driven by the application needs of diversified industries, Farsoon Hi-Tech has established polyamide (PA), thermoplastic polyurethane (TPU) and polyphenylene sulfide (PPS) as substrates, covering the melting point of 169°C to 295°C, and being able to adapt to CO2 Laser and fiber laser polymer and its composite powder material product system.
Relying on the complete and independent material technology innovation ability, the company has strongly promoted the breakthrough innovation of SLS technology, successfully developed and launched new composite materials such as FS3201PA-F, which are stably compatible with fiber laser SLS equipment, and successfully realized the commercial promotion of Flight technology , to achieve higher sintering speed and finer sintering ability.
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