Core Viewpoint - Guoxia Technology Co., Ltd. has submitted its IPO application to the Hong Kong Stock Exchange, aiming to strengthen its capital utilization, accelerate technological upgrades, and consolidate its market position as a leading provider of renewable energy solutions in the energy storage industry [2][3]. Company Overview - Established in January 2019 in Wuxi, Jiangsu, Guoxia Technology is a leading provider of renewable energy solutions and products driven by platform technology and artificial intelligence, focusing on energy storage system solutions for various applications [3][4]. - The company operates in the midstream of the energy storage industry, empowering all participants in the ecosystem and promoting the development of renewable energy through collaborations with universities and research institutions [3]. Financial Performance - Revenue from intelligent energy storage system solutions is projected to grow from approximately RMB 141 million in 2022 to RMB 1.003 billion in 2024, with a compound annual growth rate (CAGR) of 168.9% [4][9]. - Gross profit is expected to increase from approximately RMB 35.6 million in 2022 to RMB 155 million in 2024, with a CAGR of 108.6% [9][10]. - Net profit is projected to rise from approximately RMB 24.3 million in 2022 to RMB 49.1 million in 2024 [10]. Market Position - Guoxia Technology is ranked as the eighth largest supplier of multi-purpose energy storage systems in China by installed capacity and the tenth largest in household energy storage systems globally as of 2024 [9]. - The company has established a significant market presence in both domestic and international markets, with revenue from China expected to account for 79.9% of total revenue in 2024, while overseas revenue is projected to decline to less than 20% [6][7]. Research and Development - The company has a dedicated R&D center in Wuxi, focusing on IoT and AI optimization platforms, battery development, and energy management systems, employing a team with an average of over 10 years of experience in the energy storage industry [11]. - R&D expenditures are projected to be approximately RMB 3.8 million, RMB 16.8 million, and RMB 31.6 million for the years 2022, 2023, and 2024, respectively, representing 2.7%, 5.3%, and 3.1% of total revenue [12]. Investment and Valuation - As of the latest feasible date, Guoxia Technology holds approximately RMB 50.26 million in cash and cash equivalents, with significant investments from Kaibo Capital and Shenzhen Ningqian, leading to a valuation increase from approximately RMB 15.31 billion to RMB 60 billion [13].
估值60亿，江苏无锡储能系统集成商冲刺港股IPO
3 6 Ke·2025-04-29 09:53