Posted: 2017/5/2 8:12:57

来源：证券日报

Source: Securities Daily

WWW.ADDIVIC.COM

WWW.ADDIVIC.COM

证券代码：600810 股票简称：神马股份 公告编号：临2017-013

SHENMA GROUP, CHINA MOST BIG MANUFACTURER OF NYLON PA66, IS PLANNING TO EXPAND ITS POLYMERZATION CAPACITY IN SHANGHAI. THE NEW PLANT IS CLOSE TO THE PLANT OF INVISTA SHANGHA PLANT. NEW PLANT OWNED 20,000MT POLYMERZATION CAPACITY FOR PA66. THE TRANSPORTATION WILL BE MUCH CONVIENCE FROM INVISTA TO SHENMA NEW PLANT. 50% CAPACITY WILL BE CONSUMED BY THEMSELVE FOR SPINNING APPLICATION AND ANOTHER HALF WILL BE SELLED TO COMPOUND APPLICATIONS IN CHINA. ADDIVIC COMPANY IS ONE TECHNOLOGY COMPANY TO PROVIDE HIGH PERFORMANCE MASTER BATCH TO SOLVE THE INDUSTRY PROBLEM FOR MOLDING PROCESS, PROERTY INCREASING INCLUDING THE TEMPERATURE RESISTANCE FOR HIGH TEMPERATURE AND LOW TEMPERATURE RESISTANCE FOR NYLON. THE NUCLEATION TECHNOLOGY FOR NYLON TO USE IN CONNECTORS INDUSTRY, FLAME RETARDATN MASTER BATCH TO INCREASE THE RATION OF PROPERTY AND COST, THE WEAR RESISTANCE OF NYLON, POM, PBT,HTN AND TOUNGHED NYLON, POM, PBT, PC, FLAME REATARDANT ADDITIVES AND OTHER LOCAL ADDITIVES PROVIDRE.

Stock Code: 600810 stock abbreviation: god horse shares announcement number: near 2017-013

神马实业股份有限公司关于控股子公司上海神马工程塑料有限公司对外投资的公告

God horse industrial Limited by Share Ltd on the holding subsidiary of Shanghai Shenma Engineering Plastics Co., Ltd. Foreign Investment Announcement

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。

The board of directors of the company and the directors to ensure that this announcement does not contain any false records, misleading statements or material omissions, and its contents bear the authenticity accuracy and completeness of individual and joint liability.

重要内容提示：

Important tips:

投资标的名称：上海神马工程塑料有限公司(简称“上海神马工程塑料”)新建年产2万吨特品尼龙66切片项目

Investment target name: Shanghai Shenma Engineering Plastics Co., Ltd. (referred to as "Shanghai Shenma engineering plastics"), a new annual output of 20 thousand tons of special products nylon 66 slice project

投资金额：14733万元

Amount of investment: 147 million 330 thousand yuan

特别风险提示：本项目存在市场、安全、融资等风险;项目投产后能否实现预期效益存在一定的不确定性;本项目不需提交公司股东大会批准

The special risk prompt: this project has the market, the security, the financing and so on risk; when the project is put into production, whether can realize the anticipated benefit has the certain uncertainty; this project does not need to submit the shareholder general meeting to approve

一、对外投资概述

I. overview of foreign investment

1、为满足当前尼龙66改性基料市场需求，及实现自身改性基料的自给自足，减少对高端尼龙基料的依赖，公司控股子公司上海神马工程塑料有限公司拟在上海化学工业区内投资14733万元新建年产2万吨特品尼龙66切片项目。

1, to meet the current modified nylon 66 material market demand, and realize their own modified base material self-sufficiency, reduce dependence on high-end nylon base material, the companys subsidiary Shanghai what engineering plastics Co., Ltd. intends to Shanghai chemical industry park investment 147 million 330 thousand yuan to build an annual output of 20 thousand tons of special products of nylon 66 chip project.

2、本次投资已于2017年4月26日经公司第九届董事会第八次会议审议通过，不需提交公司股东大会审议。本次投资需取得政府部门对该项目的相关批复或备案文件。

2, the investment was on April 2017 26, the eighth meeting of the ninth session of the board of directors of Nikkei Inc review and adoption, without the general meeting of shareholders submitted to consider. The investment requires government departments to the relevant project approval or filing documents.

3、本次投资不属于关联交易和重大资产重组事项。

3, the investment does not belong to related party transactions and major asset restructuring.

二、投资主体的基本情况

Two, the basic situation of investors

上海神马工程塑料有限公司作为年产2万吨特品尼龙66切片项目的投资主体。

Shanghai Shenma Engineering Plastics Co., Ltd. as the annual output of 20 thousand tons of specialty nylon 66 slice project investment body.

投资主体名称：上海神马工程塑料有限公司

Shanghai Shenma Engineering Plastics Co., Ltd.

注册资本：3061.22万元

Registered capital: 30 million 612 thousand and 200 yuan

住所：中国(上海)自由贸易试验区金藏路258号2号楼

Address: Chinese jinzang Road (Shanghai) Free Trade Zone No. 258 Building No. 2

法定代表人：郭峰

Legal representative: Guo Feng

主营业务：工程塑料的科研、生产和销售，机电安装及维修装潢， 工业用丝，产业用布，地毯丝，轮胎，橡胶制品，助剂类产品，电子安防产品的科研，生产、销售与安装，自有房屋租赁。

Main business: engineering plastics research, production and sales of electrical and mechanical installation and maintenance of decoration, industrial yarn, industrial cloth, carpet yarn, tires, rubber products, auxiliary products, electronic security products research, production, sales and installation, private rental.

成立日期：1992年12月

Date of establishment: December 1992

与本公司的关系：本公司持有上海神马工程塑料51%的股份，是其控股股东

With the companys relationship: the company holds 51% stake in Shenma engineering plastics, Shanghai, is its controlling shareholder

截止2016年12月31日上海神马工程塑料资产总额5823万元、净资产5317万元、营业收入5042万元、净利润-207万元。

As of December 31, 2016, Shanghai Shenma engineering plastics total assets of 58 million 230 thousand yuan, net assets of 53 million 170 thousand yuan, operating income of 50 million 420 thousand yuan, net profit of -207 yuan.

三、投资标的基本情况

Three, the basic situation of investment targets

1、项目建设的必要性

1, the necessity of project construction

(1)产品技术提升的需要

(1) the need for technical upgrading of products;

尼龙66因具有较高的强度、耐磨、耐热、耐油等综合优势性能和良好的机械性能，是目前世界上产量最大、应用最广的工程塑料。近年来国际上对PA进行了大量的改性研究，应用技术上取得了很多突破，通过改性、共聚及合金等，赋予尼龙66材料新的结构、性能和运用领域，满足了不同条件的特殊要求，应用范围更为广泛，促进了各领域对尼龙改性产品的需求日益增长，为做大做强尼龙产业提供了很多机会。目前，上海神马工程塑料在改性尼龙材料生产方面还很有限。上海神马工程塑料利用区位优势搭建平台，建设年产2万吨特品尼龙66切片项目，不仅有助于研发团队的技术研究和产品开发，同时也有利于网罗吸纳高端技术人才，实现在高端尼龙产品方面的技术提升。

Nylon 66 is one of the largest and most widely used engineering plastics in the world because of its high strength, wear resistance, heat resistance, oil resistance and good mechanical properties. In recent years, the international PA for modification of large, many breakthroughs have been made in the application of technology, through the modification, copolymerization and alloy, with nylon 66 new structure, performance and application, to meet the special requirements of different conditions, the application range is more extensive, promoted the growing field the nylon modified product demand, provides many opportunities for nylon industry bigger and stronger. At present, Shanghai Shenma engineering plastics in the production of modified nylon material is still very limited. What Shanghai engineering plastics to take advantage of the location platform, the construction of an annual output of 20 thousand tons of special products of nylon 66 chips project, not only technology research and product development to the R & D team, but also conducive to the net to attract high-end technical personnel, in the high-end nylon product technical promotion.

(2)完善战略布局的需要

(2) improve the need of strategic layout

上海地区的经济、技术、金融中心地位突出，是一带一路的核心枢纽，人才聚集、技术密集、经济发达，具有明显的战略区位优势。尤其是近几年，随着我国经济实力的不断提升，全球500强企业纷纷把上海作为区域运营中心或研发基地，国内一些大型企业也纷纷将生产或销售布局上海。为了做大做强尼龙产业，有必要向市场前沿进行战略布局，在上海建设特品尼龙66切片项目。该项目的建设，不仅可以面向华东市场，还可以辐射整个珠江三角，进而更有利于面向世界、向外发展，完善战略布局。

Shanghai area economy, technology, financial center is prominent, the core hub of The Belt and Road, talent aggregation, technology intensive, developed economy, strategic advantage is obvious. Especially in recent years, with Chinas rising economic power, the global top 500 enterprises have put Shanghai as a regional operations center or research base, some large domestic enterprises have the production or sale of the layout of Shanghai. In order to enlarge and strengthen the nylon industry, it is necessary to carry out strategic layout to the forefront of the market, and to build special nylon 66 slicing project in Shanghai. The construction of the project can not only target the East China market, but also radiate the entire Pearl River Delta, which will be more conducive to the world and the outward development, and improve the strategic layout.

(3)在上海建厂优势明显

(3) the advantages of building a factory in Shanghai are obvious

该项目拟建于上海化学工业区内。上海化学工业区是上海市专门规划的化工产业用地区域，拥有完善的公用工程配套设施，除生产装置外，大部分公用工程均可由化工园区提供，因此可以大大降低项目一次性投资费用。另外该项目贴近原料、贴近市场，属于投资热点地区。一是毗邻英威达己二胺工厂，主要原料己二胺可直接使用管道输送;二是产品生产处于长三角市场中心地带，区位优势明显，市场反应快速、产品服务方便，运输距离短、运输费用低;三是上海地区人才聚集、技术密集，在上海搭建就职平台，能够有效吸纳高端人才，对推动尼龙产业技术进步具有重要意义。

The project is planned to be built in Shanghai chemical industry zone. Shanghai Chemical Industrial District of Shanghai City, specialized in chemical industry planning land area, with public facilities perfect, in addition to the production of the device, most utilities can be provided by the chemical industry park, thus greatly reduce the project investment costs can be. In addition, the project close to raw materials, close to the market, is a hot spot in investment. A factory is adjacent to the main raw material with INVISTA hexamethylendiamine, can direct the use of pipeline transportation; two is the product market in the Yangtze River Delta Center, location advantages, market reaction, product service, transport distance is short, low transportation costs; three is the Shanghai area of talent accumulation and technology intensive, in Shanghai to build office platform, effectively to attract high-end talent, which is of great significance to promote the progress of industrial technology of nylon.

2、工艺技术方案

2, process technology program

(1)产品方案

(1) product plan

根据项目的产品定位方向，对应工艺特点、工艺技术、设备配置情况，其产品方案为：自用尼龙66特品改性基料7000吨/年，富裕产能13000吨/年面向国内特品

According to the projects product positioning direction, process characteristics and corresponding technology, equipment configuration, the product plan is: the use of nylon 66 special products modified base material 7000 tons / year, rich production capacity of 13000 tons / year for domestic special goods