3D Parking industry in China has gone through more than 20 years of development. 2017 was a turning point for the 3D parking industry in China and the beginning of a golden decade for industry development. Currently, there are more than 500 3D parking companies in China, many of which are still in the traditional manufacturing stage and are facing serious financial and development issues. In order to allow companies to achieve better development, solve the problem of the capital chain, and increase the company's visibility, many 3D parking companies hope to harness the power of the capital market to achieve a magnificent transformation from "manufacturing" to "intelligent manufacturing". The New Third Board market, known for its efficiency and flexibility, is particularly popular.
According to statistics, currently 5 3D parking companies have successfully entered the New Third Board, namely Shandong Tianchen Smart Parking Co., Ltd., Guangdong Sampu Parking Co., Ltd., Zhejiang Zihua Parking Equipment Technology Co., Ltd., Yunnan Mingjia Smart Equipment Co., Ltd., and Leimeng Mechanical and Electrical Co., Ltd.
With the public disclosure of the 2016 annual report, from the statistical data, the performance of the New Third Board innovation layer companies is comparable to the Growth Enterprise Market (GEM), and from the perspective of continuous performance, the average net return on assets is even better than the GEM and the Small and Medium Enterprise (SME) board. So how have the 5 3D parking companies in the New Third Board performed? The data shows that Tianchen Smart and Sampu Parking have achieved significant operating results and outstanding highlights, with Tianchen Smart achieving a turnaround from losses to profits, and Sampu Parking achieving a substantial increase in operating income for three consecutive years from 2014 to 2016. In the competitive capital market, adhering to standardized corporate governance has made Sampu Parking a leader in the New Third Board, and has received favor from the innovation layer. In May of this year, Sampu Parking will enter the innovation layer with 977 other companies, becoming the first 3D parking company to enter the innovation layer of the New Third Board in China.
So, what does Sampu Parking's entry into the innovation layer mean? Let's interpret together.
In order to reduce information collection costs, improve investment analysis efficiency, enhance risk control capabilities, and guide accurate investment and financing docking, the New Third Board implements a tiered management system for listed companies. Through tiering, differential arrangements can be made in terms of trading, issuance, and information disclosure, to better provide financing, trading, mergers and acquisitions, and bond issuance services for SMEs. Currently, the New Third Board is temporarily divided into two levels: the basic level and the innovation layer.
Entering the innovation layer is important for Sampu Parking:
Firstly, being able to enter the innovation layer is recognition of Sampu Parking's strength.
In the golden development period of China's 3D parking industry, if Sampu Parking is able to enter the innovation layer, it will bring strong promotional effects to Sampu Parking's visibility in the industry and society. It will also enable the company to gain more resources and financing in the future, effectively solving the financial pressure issues encountered by traditional 3D parking companies in their operations. This will provide the company with more priority in competing for the market in the future.
As a favorite of the New Third Board, Sampu Parking has built 3D parking facilities with solid technology, perfect manufacturing, sincere attitude, and adherence to high standards and high-quality construction. Sampu Parking's entry into the innovation layer signifies the high importance the New Third Board places on the 3D parking industry. Sampu Parking has led the industry to achieve a breakthrough, attracting more attention from the public and the capital market to the industry, and allowing the outside world to have a better understanding and knowledge of the prospects of the 3D parking industry. This has had a positive impact on the development of the intelligent mechanical 3D parking industry and contributed to addressing the public issue of "difficulty in parking."Parking Difficulty"