Core Viewpoint - The transformation journey of YouSheng Co., from focusing on industrial aluminum profiles to specializing in high-end components for the new energy vehicle (NEV) sector, reflects the company's strategic adaptation to industry changes and its commitment to technological innovation [2][4][10]. Group 1: Company Transformation - YouSheng Co. was established in 1992, initially focusing on industrial aluminum profiles, and quickly gained a foothold in the Yangtze River Delta market [2]. - The company faced operational challenges and a need for transformation around 2003, leading to a strategic pivot towards automotive aluminum alloy components due to the rising demand for lightweight materials in the automotive industry [3][4]. - The transition was difficult, with the company lacking customer resources and industry experience, leading to cash flow issues and a six-month period without salary payments [5]. Group 2: Technological Innovation - YouSheng Co. developed three core technologies: high-performance aluminum alloy materials, advanced processing techniques, and lightweight product design, resulting in 176 authorized patents, including 29 invention patents [6][8]. - The company improved aluminum alloy strength by over 20% and enhanced processing efficiency by 30% through self-developed equipment [6][10]. - The introduction of a "collaborative development" model allowed the company to engage early in customer vehicle design, leading to successful partnerships with major automotive manufacturers [7][10]. Group 3: Market Positioning and Achievements - YouSheng Co. has positioned itself as a solution provider rather than just a product supplier, offering modular solutions that enhance efficiency and reduce costs for clients [8][10]. - The company has successfully entered the supply chains of leading NEV manufacturers, including Tesla, and has received multiple industry awards for quality and innovation [9][10]. - The company plans to use funds from its IPO to invest in a new production base in Yunnan, which is expected to increase production capacity by 100,000 tons and meet the growing demand for battery trays [10][11]. Group 4: Global Expansion Strategy - In 2023, YouSheng Co. initiated a global expansion strategy to establish production bases in Mexico and Bulgaria to meet the needs of international clients like Tesla and Volvo [12]. - The Mexican base aims to shorten delivery times and enhance responsiveness to urgent orders, with a transportation time of only three days to Tesla's Texas factory [12]. - Future plans include expanding production capacity in Europe and increasing market share in Southeast Asia, with a focus on collaborative development with clients [13].

Company Overview - YouSheng Co., Ltd. focuses on lightweight components for new energy vehicles and is a significant supplier of aluminum alloy parts in China, serving major clients like Tesla, GAC, NIO, BAIC, Geely, Xpeng, CATL, and Seres [1][2] - The company aims to transition from a secondary to a primary supplier, increasing sales to OEMs and designated primary suppliers from 70.28% in 2022 to 80.69% in 2024 [1][2] - Founded in 1992, YouSheng has extensive experience in aluminum alloy material formulation, extrusion, and machining, making it a pioneer in the lightweight components sector for new energy vehicles [1] Industry Insights - The automotive lightweighting sector is crucial for energy efficiency, with lightweight materials like aluminum alloys replacing traditional steel [2] - Aluminum alloys are currently the most widely used lightweight materials due to their cost-effectiveness compared to magnesium alloys, high-strength steel, and carbon fiber composites [2] Financial Performance - YouSheng's projected revenues for 2022, 2023, and 2024 are 2.35 billion, 2.91 billion, and 3.95 billion yuan, respectively, with year-on-year growth rates of 55.51%, 23.60%, and 35.98% [2] - The company's net profit for the same years is expected to be 233 million, 321 million, and 405 million yuan, with growth rates of 80.48%, 37.84%, and 26.13% [2] - For the first nine months of 2025, revenue is anticipated to grow by 25.35% to 2.90 billion yuan, and net profit is expected to increase by 33.69% to 383 million yuan [2] IPO Details - YouSheng's IPO involves issuing 48.27 million shares, raising 2.238 billion yuan, with funds allocated for two projects and working capital [3] - The first phase of the Yunnan YouSheng lightweight aluminum alloy component production base project has an investment of 1.271 billion yuan, aiming for an annual production of 500,000 battery trays and 200,000 underbody components [3] Market Expectations - Recent trends indicate that new stocks have performed well on their debut, with an average first-day increase of 343.9% and a median increase of 272.6% [4] - YouSheng's estimated first-day price increase could range from 282.6% to 343.9% based on recent performance [4] - The company has a notable valuation advantage, with an issuance price of 46.36 yuan per share, significantly lower than the average dynamic P/E ratio of comparable companies at 46.89 [4][5]

0:00 特斯拉小伙伴要上市了 友升股份明日上市会如何表现？ ...

Weekly New Stock Performance - One new stock was listed from September 15 to September 19, with an average first-day price increase of 271.56%[2] - The only new stock, Shichang Co., saw a first-day increase exceeding 100%[2] - No new stocks experienced a first-day decline[2] Weekly New Stock Issuance Trends - The total fundraising amount for new stock issuance last week was 1.71 billion yuan, a decrease of 588 million yuan compared to the previous week[3] - The previous week (September 8 to September 12) had two new stocks listed, raising 7.59 billion yuan[4] Monthly New Stock Overview - From September 1 to September 19, four new stocks were listed, raising a total of 17.44 billion yuan, with a first-day price increase average of 374.95%[6] - All four new stocks listed during this period had first-day increases exceeding 100%[6] Upcoming New Stock Listings - One new stock, Yousheng Co., is scheduled to be listed on September 23, with an issue price of 46.36 yuan and a price-to-earnings ratio of 22.31[13] - One new stock, Aomeisen, is set for online subscription on September 22, with expected fundraising of 165 million yuan[14] Risk Considerations - New stock performance is influenced by market sentiment, and poor performance may affect future market behavior[15] - Newly listed stocks may experience significant price volatility due to limited liquidity[15]

股票简称：友升股份 股票代码：603418 上海友升铝业股份有限公司 首次公开发行股票主板上市公告书 保荐人（主承销商） （中国（上海）自由贸易试验区商城路 618 号） 二〇二五年九月二十二日 上海友升铝业股份有限公司 上市公告书 Shanghai Unison Aluminium Products Co., Ltd. （上海市青浦区沪青平公路 2058 号） 特别提示 上海友升铝业股份有限公司（以下简称"友升股份""发行人""本公司" 或"公司"）股票将于 2025 年 9 月 23 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。 2 上海友升铝业股份有限公司 上市公告书 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、监事、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 ...

上海友升铝业股份有限公司 首次公开发行股票主板 上市公告书提示性公告 保荐人（主承销商）：国泰海通证券股份有限公司 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。 经上海证券交易所（以下简称"上交所"）审核同意，上海友升铝业股份有 限公司（以下简称"友升股份""发行人"或"公司"）人民币普通股股票将于 2025 年 9 月 23 日在上交所主板上市，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交所网站（http://www.sse.com.cn）和符合中国证券监督管理 委 员 会规定条件 的 网 站 （ 中 国 证 券 网 ，www.cnstock.com；中证网， www.cs.com.cn；证券时报网，www.stcn.com；证券日报网，www.zqrb.cn；经济参 考网，网址 www.jjckb.cn），并置备于发行人、上交所、本次发行保荐人（主承 销商）国泰海通证券股份有限公司的住所，供投资者查阅。 一、上市概况 （五）首次公开发行股票数量：4,826.7111 万股，本次发行全部为新股，无 ...

PODUCTS CD 上海友升铝业股份有限公司 y / INFORTES 章程 (草案) 二〇二四年 月 | 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 股东和股东会 . | | 第一节 | 股东 | | 第二节 | 股东会的一般规定 . | | 第三节 | 股东会的召集 . | | 第四节 | 股东会的提案与通知 | | 第五节 | 股东会的召开 . | | 第六节 | 股东会的表决和决议 | | | 第五章 董事会 ……………………………………………………………………………………………………… 27 | | 第一节 | 董事 . | | 第二节 | 董事会 ………………………………………………………………………………………………………………… 32 | | 第三节 | 董事会专门委员会 | | | 第六章 总经理及其他高级管理人员 . | | 第七章 | 业事公 ………………………………………………………………………………… ...