Workflow
半导体龙头，本周申购！
Zheng Quan Shi Bao·2025-06-09 00:00

Company Overview - Hua Zhijie focuses on the smart control sector and is a key supplier of critical components for electric tools, having established long-term partnerships with leading companies such as Baide Group and TTI Group [1][2] - Xin Henghui specializes in smart card business and is the only domestic company to achieve mass production of core packaging materials for flexible lead frames, currently leading the global market share [1][5] Hua Zhijie Financials - The company projects revenues of 1.019 billion yuan, 937 million yuan, and 1.23 billion yuan for the years 2022 to 2024, with net profits of 101 million yuan, 121 million yuan, and 154 million yuan respectively [3][4] Hua Zhijie Business Strategy - The company has developed a comprehensive business layout around industry trends, including the transition from corded to cordless electric tools and from nickel-cadmium to lithium batteries [2] - Hua Zhijie has established a technology portfolio of 32 core technologies, which can be expanded into smart home and new energy vehicle sectors [2] Xin Henghui Financials - Xin Henghui anticipates revenues of 684 million yuan, 767 million yuan, and 842 million yuan for the years 2022 to 2024, with net profits of 110 million yuan, 152 million yuan, and 186 million yuan respectively [7][8] Xin Henghui Business Strategy - The company has invested significantly in technology development for etching lead frames and IoT eSIM chip testing, successfully mastering several core technologies [6] - Xin Henghui has established long-term partnerships with notable chip design firms and smart card manufacturers, ensuring a stable revenue stream from its traditional smart card business [5][6] Fundraising Plans - Hua Zhijie plans to use the funds raised from its issuance for expanding production capacity of electric tool smart components and for working capital [4] - Xin Henghui intends to invest the raised funds into the industrialization of high-density QFN/DFN packaging materials and the expansion of its R&D center [8]