报告期内，公司全液晶组合仪表收入分别为 84,064.21 万元、161,645.54 万元和204,596.03 万元，占主营 业务收入的比例分别为 42.78%、47.21%和 46.01%。 2023年度全液晶组合仪表收入较上年同比增长 92.29%，主要是由于随着全液晶组合仪表渗透率的提升，行业内全液晶组合仪表逐步替代传统的电子 式组合仪表，公司把握行业发展趋势，凭借液晶屏技术、光学贴合技术等核心技术和具有较强竞争优势 的复合屏产品，为多个客户多款车型开发配套全液晶组合仪表，销量实现较快提升。公司产品广泛配套 长安、东风、奇瑞、比亚迪（002594）等多家整车龙头客户，在国内汽车仪表市场中有着重要市场地 位。 公司此次发行引入8家战略投资者，包括广汽资本旗下广祺柒号、中国兵装集团旗下南方资产、北京汽 车集团控股的安鹏创投、东风资产、赛格威、通商基金、惠科股份以及全国社保基金四一三组合。本次 发行初始战略配售数量为8,000,000 股，占本次发行数量的 20.00%。依据本次发行价格确定的最终战略 配售数量为 6,737,962 股，占本次发行数量的 16.84%。八大投资者从供应链协同、技术研发、资 ...

Core Insights - Tianyouwei (603202) is officially listed on the Shanghai Stock Exchange, marking a significant milestone for the company as it aims to strengthen its position in the automotive electronics sector and expand its global footprint [1] Company Overview - Tianyouwei specializes in the research, production, and sales of automotive instruments and related smart cockpit products, including electronic combination instruments and full LCD combination instruments [1] - The company has established a robust capability in product development, system integration, mass supply, and after-sales service, enabling it to provide synchronized development and customized support for global automotive manufacturers [1] International Market Presence - Tianyouwei has formed partnerships with several globally recognized clients, including Hyundai Motor Group, and has achieved significant sales growth in international markets [2] - The company's export revenue has shown a rapid increase, with figures of 924.72 million, 1,625.35 million, and 2,383.54 million yuan, representing 47.06%, 47.47%, and 53.60% of its main business revenue respectively [2] - The growth in export revenue is attributed to high-value products supplied to clients like Hyundai, which have performed well in overseas markets [2] Technological Advancements - The company has reached international mainstream standards for some core products and has made breakthroughs in optical bonding, integrated dual-screen modules, and composite display technology, enhancing its competitiveness in high-end cockpit applications [3] - As of the end of 2024, Tianyouwei holds 134 domestic patents, including 52 invention patents, and has one international patent, which supports its rapid response to domestic customer needs and international business expansion [3] Research and Development Capabilities - Tianyouwei has established three major R&D institutions in Suifenhe, Harbin, and Dalian, along with an EMC laboratory, creating a comprehensive R&D system covering hardware development, software design, prototype testing, and reliability verification [3] - The company can achieve synchronized collaboration and rapid response for overseas clients during the development of new vehicle cockpit systems [3] Strategic Outlook - With the global automotive industry accelerating towards intelligence and digitalization, Tianyouwei is integrating into the global smart cockpit supply chain, supported by its solid technological foundation and reliable mass delivery capabilities [3] - The IPO is expected to inject capital into the company's business expansion and serve as an important milestone in its international journey [3]

黑龙江天有为电子股份有限公司 首次公开发行股票主板 经上海证券交易所审核同意，黑龙江天有为电子股份有限公司（以下简称"天 有为"或"公司"）发行的人民币普通股股票将于 2025 年 4 月 24 日在上海证券交 易所主板上市，上市公告书全文和首次公开发行股票的招股说明书全文披露于上 海证券交易所网站（www.sse.com.cn）和符合中国证监会规定条件网站（中证网： http://www.cs.com.cn；中国证券网：http://www.cnstock.com；证券时报网： http://www.stcn.com；证券日报网：http://www.zqrb.cn）披露，并置备于发行人、 上交所、本次发行保荐人（主承销商）中信建投证券股份有限公司的住所，供公 众查阅。 一、上市概况 1 上市公告书提示性公告 保荐人（主承销商）：中信建投证券股份有限公司 扫描二维码查阅公告全文 本公司及全体董事、监事、高级管理人员保证信息披露的内容真实、准确、 完整、及时，没有虚假记载、误导性陈述或重大遗漏。 1、股票简称：天有为 2、扩位简称：天有为 3、股票代码：603202 4、首次公开发行后总股本：16,000 万 ...

股票简称：天有为 股票代码：603202 黑龙江天有为电子股份有限公司 Heilongjiang Tianyouwei Electronics Co., Ltd. （绥化经济技术开发区昆山路9号） 首次公开发行股票主板上市公告书 保荐人（主承销商） （北京市朝阳区安立路66号4号楼） 二〇二五年四月二十三日 黑龙江天有为电子股份有限公司 上市公告书 特别提示 黑龙江天有为电子股份有限公司（以下简称"天有为"、"发行人"、"公司"、 "本公司"）股票将于 2025 年 4 月 24 日在上海证券交易所主板上市。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新股上 市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 本上市公告书中若出现总数与各分项数值之和尾数不等的情况，均为四舍五入尾 差所致。 1 第一节 重要声明与提示 一、重要声明与提示 本公司及全体董事、高级管理人员保证上市公告书所披露信息的真实、准 确、完整，承诺上市公告书不存在虚假记载、误导性陈述或者重大遗漏，并依 法承担法律责任。 上海证券交易所、有关政府机关对本公司股票上市及有关事项的意见，均 不表明对本公司的任何保证。 本 ...

黑龙江天有为电子股份有限公司 (2023年6月经公司2023年第二次临时股东大会审议通过) 黑龙江天有为电子股份有限公司 章程(草案) 目录 | 第一章 总则 . | | --- | | 第二章 经营宗旨和范围 | | 第三章 股份 … | | 第一节 股份发行 . | | 第二节 股份增减和回购 | | 第三节 股份转让 … | | 第四章 股东和股东大会 | | 第一节 股东 | | 第二节 股东大会的一般规定 | | 第三节 股东大会的召集 | | 第四节股东大会的提案与通知 | | 第五节 股东大会的召开 | | 第六节 股东大会的表决和决议 . | | 第五章 董事会 ………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 23 - | | 第一节 董事 . | | 第二节 董事会 ………………………………………………………………………………………………………………………………………………………………………………… ...

Listing Overview - The company, Heilongjiang Tianyouwei Electronics Co., Ltd., will list its common shares on the Shanghai Stock Exchange on April 24, 2025, with a total of 40 million new shares issued [1] - The total share capital after the issuance will be 160 million shares, with 32,543,652 shares available for public trading, representing 20.34% of the total share capital [2] Financial Metrics - The initial public offering (IPO) price is set at 93.50 yuan per share, corresponding to a price-to-earnings (P/E) ratio of 9.87 times based on the 2024 earnings before non-recurring items [2][3] - The diluted P/E ratio based on the post-IPO total share capital is 13.50 times, which is lower than the industry average P/E ratio of 27.16 times as of April 9, 2025 [4] Industry Comparison - The company operates in the automotive manufacturing industry, classified under C36 according to the National Bureau of Statistics [3] - The average static P/E ratio for comparable companies in the same industry is higher than that of Tianyouwei, indicating potential valuation attractiveness [4] Lock-up Periods - Original shareholders will have a lock-up period of 36 months or 12 months, while offline restricted shares will have a lock-up period of 6 months, which may affect liquidity in the initial trading phase [2]

1只新股今日发行，天有为发行4000.00万股，发行价93.50元，募资金额37.40亿元。 证券时报·数据宝统计显示，以发行日期为基准，截至4月14日，今年以来共有30家公司首发募资，累计 募资金额达210.40亿元，单家公司平均募集资金7.01亿元。分区间来看，募资金额超10亿元的有6家，募 资金额5亿元至10亿元的有10家，募集资金在5亿元以下的有14家。 按不同板块统计，今年以来沪市主板发行新股7只，募资75.86亿元；深市主板发行新股4只，募资19.56 亿元；创业板发行新股13只，募资73.90亿元；科创板发行新股4只，募资29.64亿元；北交所发行新股2 只，募资11.45亿元。 | 代码 | 简称 | 发行日期 | 发行总量（万股） | 发行价（元） | 募集资金（亿元） | | --- | --- | --- | --- | --- | --- | | 603202 | 天有为 | 2025.04.14 | 4000.00 | 93.50 | 37.40 | | 688545 | 兴福电子 | 2025.01.13 | 10000.00 | 11.68 | 11.68 | | 301275 ...

Core Viewpoint - Tianyouwei Electronics Co., Ltd. is set to go public on the Shanghai Stock Exchange with an issue price of 93.50 yuan per share, aiming to raise approximately 37.4 billion yuan for various automotive electronic projects [3][4]. Company Overview - Tianyouwei was established in May 2003 and is located in Suhua City, Heilongjiang Province, with a registered capital of 120 million yuan. Major shareholders include Wang Wenbo, Lü Dongfang, and several investment firms [3][4]. - The company primarily engages in the research, design, production, sales, and service of automotive instruments, gradually expanding into the smart cockpit sector [5][6]. Financial Performance - The company has shown rapid revenue growth, with projected revenues of approximately 19.73 billion yuan, 34.37 billion yuan, and 44.65 billion yuan for 2022, 2023, and 2024, respectively, reflecting a compound annual growth rate (CAGR) of 50.45% [5][6]. - Net profits for the same years are estimated at 3.97 billion yuan, 8.42 billion yuan, and 11.37 billion yuan, with non-recurring net profits of 3.77 billion yuan, 8.94 billion yuan, and 11.08 billion yuan [5][6]. Key Products and Clients - Tianyouwei's main products include electronic combination instruments, full LCD combination instruments, dual-screen instruments, in-car infotainment systems, and automotive electronic development services [5][6]. - The company has established relationships with major automotive manufacturers such as Hyundai, BYD, Changan Automobile, FAW, and Chery, with a significant portion of revenue derived from these clients [5][7]. Customer Concentration - The company exhibits high customer concentration, with sales to the top five clients accounting for over 80% of total revenue during the reporting period. Sales to Hyundai alone represented 55.56% of revenue in 2024 [7][8][9]. Shareholding Structure - Wang Wenbo holds 53.60% of the shares, making him the controlling shareholder, while he and Lü Dongfang collectively control 88.99% of the voting rights, establishing them as the actual controllers of the company [9][10].