Working capital financing to purchase industrial electronic board components

  Mohagheghan Yasin Engineering Company has several years of experience in designing and manufacturing processing and sampling boards and possesses advanced knowledge of electronic components. To this end, it has identified all reputable sources and has experience using them, and does not act solely as a supplier.  In this context, Mohagheghan Yasin Engineering Company won a tender for one of Sairan's projects in Aban 1400. The project involves designing and manufacturing 18 sampling and processing boards. 8 of the boards incorporate UltraScale FPGAs on boards designed for the first time in Iran. It should be noted that these boards pass all test criteria equivalent to international standards.  The value of this contract is 256،767 dollars plus 23،828،000،000 rials. As the main components are sourced from other countries, part of the costs under this contract is denominated in dollars.  The boards are currently being designed, and components need to be purchased to manufacture these products. According to the projections, the cost of purchasing the components required for the processing boards is estimated at approximately 170,000 dollars, of which 130,000 dollars has been received from the customer as an advance payment. To cover part of the funds needed to purchase these components, the company is requesting financing of 11,100 million rials (based on a dollar-to-rial exchange rate of 300,000 rials). The component purchasing and procurement process, from financing to delivery of the completed boards to the customer, is estimated to take approximately 12 months. This period includes delivery of components from the manufacturer, assembly of the components on the designed PCBs, programming and hardware coding, and quality control. The boards will be delivered to the customer after all these stages have been completed. This project  uses a flexible funding model and will be considered successful if at least half of the amount  requested by the applicant is raised. For this project, the basis for recognizing profit is the company's revenue from the contract between Mohagheghan Yasin and the client, taking into account the proportion of the total required funds provided through crowdfunding. Crowdfunding-related costs, including the platform operator's and Farabourse's fees, are also considered allowable costs of this project.  Project symbol: Halalmiko/ halalmic The company requires 11،100،000،000 rials in working capital to purchase six network converter components, to be financed through a one-year project. This project has a payment commitment guarantee issued by the University of Tehran Research and Technology Fund. Mr. Hadi Deh Dast is the CEO and major shareholder of this limited liability company. The company's contract and business plan are accessible through the links below. http://hlfd.ir/YECO1 http://hlfd.ir/YECO2 Second quarterly report Unaudited six-month report  Third quarterly report
Project symbol: حلالمیکو/halalmic