Cooperate with P & G, L'Oreal and other international enterprises to enter IPO

Nanjing Kosi Chemical Co., Ltd. went through IPO. Recently, Nanjing Kesi Chemical Co., Ltd. (hereinafter referred to as "Kesi Co., Ltd") disclosed an updated prospectus to the CSRC. It is worth mentioning that Koth shares was listed on the new third board on November 14, 2016 and terminated listing on May 4, 2017. During this period, a fixed increase was completed and the raised capital was 8.512 million yuan. According to capital bond, COSCO is mainly engaged in the R & D, production and sales of raw materials for daily chemicals, including cosmetics active ingredients such as sunscreen and synthetic spices. The company's products have entered the international mainstream market system. The main active components of sunscreen and other cosmetic active ingredients include DSM, Bayer Dorf, Procter & Gamble, L'OREAL, Johnson and other international enterprises; the main customers of synthetic fragrances include Chiverton, FM, IFF, De Xin, Gao Sha, Mans, Colgate and other world-renowned fragrance and flavor company and oral care products company.

According to the financial data from 2016 to 2018 and in the first six months of 2019, the operating revenue of the company was 609 million yuan, 711 million yuan, 972 million yuan and 571 million yuan respectively; the net profit was 43488900 yuan, 42783500 yuan, 86754600 yuan and 67860400 yuan respectively. According to the enterprise survey data, 20 boutique companies including Hongyang energy, Leibu technology and seven star technology have completed three rounds of financing. The company has risks caused by industry fluctuation. The company belongs to the fine chemical industry. There are many kinds of fine chemicals, and the final application field is wide, so the industry profiles of different products in the field are different. The main products of the company are cosmetic active ingredients and their raw materials and synthetic fragrances. They are mainly used in daily chemical products, fragrances and other industries. Therefore, the development of the company's business is closely related to the development of the cosmetics industry and the flavor and fragrance industry. During 2012-2017, the global cosmetics market showed certain volatility. During 2012-2014, the global economic recovery was weak, and the overall growth rate of the cosmetics industry was low. In 2015, due to the continuous sluggish demand in the euro area and a significant economic recession in Brazil, one of the major cosmetics markets, the global cosmetics scale declined year on year. In the past two years, the global economy has recovered, driving the rebound of cosmetics consumption. In 2017, the global cosmetics market reached US $464.835 billion, up 5.25% year on year. Euromonitor predicts that the growth trend will continue and reach US $487.1 billion in 2021.

 In recent years, the global flavor and fragrance industry has been growing steadily. In the 2012-2015 years, the global flavor and fragrance market grew rather sluggish. In 2016, global flavor and fragrance sales rose. In 2017, the global flavor and fragrance market reached 26 billion 300 million US $1, an increase of 7.35% over the same period in 2016, and a compound annual growth rate of 3.18% in 2011 -2017.

 According to IALConsultants professional consulting firm, the global flavor and fragrance market will reach US $30 billion 200 million by 2020, with an average annual growth rate of 5.1%.

 Coase shares said that with strong competitive advantage, the company has maintained an increase of 34.15%, 16.80% and 36.69% in recent three years. However, if the global economy and the domestic macro-economic situation deteriorate, the cosmetic industry and the fragrance and flavor industry will suffer major adverse changes, and the fluctuation of the industry will have a heavy impact on the company's production, operation and profitability. Major adverse effects. In recent years, with the continuous progress of society and the improvement of people's living standards, consumers' awareness of health and environmental protection has been constantly improved. On the other hand, the age structure and level of consumers have been evolving, new consumption trends have been constantly changing, and new consumption concepts have been constantly changing. As a result, the consumption behavior of consumers also changes, and the demand for the downstream daily chemical industry of the company is constantly changing, thus affecting the market demand of the company's products. If the company can not keep up with the pace of the times, insight into consumer behavior and its impact on the downstream industry, and further optimize the product structure to meet the needs of the new generation of consumers, it will face the risk of market share reduction.