安达股份冲刺北交所IPO 大供应商采购数据披露存差异

Core Viewpoint - Huzhou Anda Auto Parts Co., Ltd. is pursuing an IPO on the Beijing Stock Exchange, showing an upward trend in its gross profit margin while its industry peers are experiencing a decline [1][2]. Group 1: Financial Performance - The company's gross profit margins for the years 2021 to 2024 (first half) are reported as 10.25%, 10.15%, 15%, and 18.17% respectively, indicating a continuous increase [2]. - In contrast, the average gross profit margins of comparable companies in the same industry are 20.76%, 19.40%, 17.54%, and 17.24% for the same periods, showing a downward trend [2]. Group 2: Labor Practices - The proportion of labor dispatch workers at Anda has been notably high, with figures of 39.04%, 35.69%, 3.97%, and 6.26% at the end of each reporting period, with over 10% non-compliance noted in 2021 and 2022 [3]. - As of August 31, 2023, the proportion of labor dispatch workers reached 41.67%, prompting the company to rectify this by converting dispatch workers to formal employees [3]. Group 3: Supplier Relationships - Anda's second-largest supplier in 2022 was Lanxi Boyuan Metal Co., Ltd., with procurement amounts of 66.58 million yuan, which is nearly 10 million yuan higher than previously disclosed figures [5]. - The company has ceased procurement from Boyuan Metal in the second half of 2023 due to better quality and supply capabilities from other suppliers [5]. Group 4: Energy Procurement - Starting in 2023, Anda began purchasing electricity from Huzhou Two Mountains Ecological Resource Operation Co., Ltd., with procurement amounts of 28.43 million yuan and 12.88 million yuan for 2023 and the first half of 2024 respectively [6]. - The average electricity procurement prices have decreased from 0.74 yuan/kWh in 2022 to 0.66 yuan/kWh in the first half of 2024 [6].