Over 40 institutions investigated HANVO: Dual-cycle layout of domestic and foreign security products, new materials put into production to increase performance

HANVO (300952) and ROYAL FLUSH (同花顺) hosted a successful institutional research exchange conference and investor reception day in Nantong, Jiangsu Province on May 30, 2023.

Mr. Wang Xianhua, Chairman, General Manager, 
Mrs. Zhang Wufen, Deputy General Manager, Secretary of the Board,
Mr. Ding Xiaodong, Member of the Board, Deputy General Manager, 
Mr. Wang Peng, Member of the Board, Sales & Marketing Director, 
Mr. Wang Shuangcheng, Deputy General Manager, Dean of HANVO Industry Technology Research Institute and other management team members warmly welcomed representatives from HUATAI Securities, CITIC Securities, CHINA Securities, GUOTAI JUNAN Securities, EVERBRIGHT Securities, SEALAND Securities, CAITONG Securities, INUDSTRIAL Securities, GF Securities, CHINA GALAXY Securities, HUAXI Securities, ZHESHANG Securities, HAITONG Securities, CAITONG Securities, ZHONG OU AMC, BOSERA FUNDS, XINYUAN ASSET MANAGEMENT, GF FUND MANAGEMENT and more than 40 institutional guests and individual investors.

 

At the beginning of the event, Mrs. Zhang Wufen, warm welcomed the research guest group and thanked everyone for their support.

 

（Zhang Wufen, Deputy General Manager, Secretary of the Board）

 

Then Mr. Wang Xianhua, the President and general manager of HANVO, introduced the company's history, core management team, business performance, main business sectors, technological innovation research and development, and market planning and layout to the guests. Also he in-depth discussed the industrial strategy of functional security gloves and prospect of new materials industry.

 

（Wang Xianhua, Chairman, General Manager）

 

HANVO is specializes in the research and development, production, and sales of functional safety protective gloves. Over the past two decades, the company has dedicated itself to innovation and hard work, and has grown into a high-tech enterprise with over 1,600 employees. HANVO currently operates 3 production bases, 2 sales companies, 1 intelligent equipment company, and is in the process of constructing 1 security industrial park. Its total asset scale is now at 1.5 billion RMB. With business spanning across 50 countries and regions, the company has become a global enterprise with strong influence in the field of security protection.

 

HANVO started in the field of functional safety protective gloves and has since been expanding rapidly with its "one body two wings" development strategy. The term "one body" refers to the company's focus on functional safety gloves as the foundation for intensive cultivation and active response to the new development pattern of "dual cycles" both domestically and internationally. HANVO aims to further develop the Chinese hand safety and protection products market while also expanding into emerging markets in other developing countries. The "two wings" strategy involves the company's actively extension upstream of the industrial chain of functional safety protective gloves and increased investment in research and development of high-performance fiber materials. HANVO is also expanding into other fields such as military protection, fire rescue and medical protection. While the company continues to focus on its main business of hand protection products, it is actively expanding its product application fields and deploying new material sectors with scientific precision. We aims to achieve new leapfrog development through its innovative approach.

 

After sharing, under the led by Dr. Wang Shuangcheng, Deputy General Manager of HANVO and President of Industrial Technology Research Institute, the research group first visited R&D center, laboratory, and product development workshop, where they were deeply impressed with the company’s advanced technology, R&D and innovation capabilities.

 

（Wang Shuangcheng, Deputy General Manager, Dean of HANVO Industry Technology Research Institute）

Next, the research guest group visited HANVO's Intelligent Factory, packaging workshop, and HENGMAI production workshop under the guidance of Mr. Shi Xiangfeng, Deputy General Manager of HANVO. They learned more about the RTO exhaust gas facilities, entered the security control center to see the large intelligent data screen, and felt the safe and environmentally friendly production mechanism and advanced process.

 

(Shi Xiangfeng, Deputy General Manager）

 

Then the research guests moved to HENGSHANG factory. Where Mr. Ding Xiaodong, deputy general manager of HANVO, explained the properties and benefits of the company's in-house developed ultra-high molecular weight polyethylene fiber(UHMWPE), cut-resistant composite yarn and cut-resistant knitting glove. He emphasized that the quality of these three main products has reached an international advanced level and will be widely used in various fields, civil, industrial, maritime, military and etc.

 

 

Then, the guests were given a tour of the coating workshop, knitting workshop, PE workshop, UD workshop, and smart warehouse by Wang Jingjing, General Manager of HENGSHANG New Material Factory. They were impressed by the modern and smart factory.

 

 

Finally, the research guest group went to the construction site of the HENGYUE Security Industrial Park project. Presitent Wang Xianhua introduced the project’s planned land area of 375 mu, and estimated total investment of 1.76 billion RMB. After the completion of the first phase of the high-end security product project, the industrial park will have an annual production capacity of 72 million dozen of various functional safety protective gloves. The second phase of the industrial park will focus on the development and application of new materials, specifically high-strength vinyl fibers and other high-performance ultra-fibers and their composite products. This sector is a strategic investment for the company.

 

 

The construction of the industrial park will follow the principles of "intelligent construction and green development". Building on the company's expertise in intelligent manufacturing, the future factory will be even more intelligent, moving towards digitalization, informationization, and intelligence. The goal is to achieve "black lamp factory" status. At the same time, The industrial park will also prioritize green development, promoting low-carbon, smart, and green parks, and achieving energy-saving and emission reduction targets.

 

Following the visit, an interactive exchange session was held where participants discussed topics such as the manufacturing process of polyethylene fiber products, new material industry barriers, enterprise production capacity release, domestic sales channel expansion, overseas market layout, and industry prospects.

 

Through this exchange, interaction and on-site visit, the institutional and individual investors gained a deeper understanding of HANVO, and look forward to the company's continuous breakthroughs in security products and new materials.

 

In the future, ROYAL FLUSH plans to collaborate with more listed companies to conduct offline institutional research activities to help these companies listen to market voices and deliver corporate value.