道生天合沪主板IPO过会 致力成为全球领先新材料解决方案提供商

Core Viewpoint - Daoshengtianhe Material Technology (Shanghai) Co., Ltd. has successfully passed the IPO review, focusing on high-performance thermosetting resin materials, particularly in the renewable energy sector [1][4]. Company Overview - Daoshengtianhe is a national high-tech enterprise dedicated to the research, production, and sales of new materials, with a product range including epoxy resins, polyurethanes, acrylics, and organosilicon [4]. - The company offers differentiated and refined solutions for various sectors, including wind energy, new energy vehicles, energy storage, hydrogen energy, aerospace, oil and gas extraction, and power generation [4]. Market Position - In the global wind blade material market, Daoshengtianhe competes with major players such as Vestas, Hexion, and others, and is gradually increasing its market share internationally while leading in domestic sales [4]. - The company ranks first globally in the sales volume of wind blade epoxy resin series from 2022 to 2024, with a sales volume of 143,100 tons in 2024 [5]. Product Development - Daoshengtianhe has achieved full coverage of mainstream wind turbine blade types with its epoxy resin products and is expanding its product applications into various fields, including rail transportation and construction materials [5][6]. - The company is also focusing on high-performance industrial adhesives, leveraging its entry into the new energy vehicle adhesive market to enhance its competitive edge [4]. Financial Performance - The company reported revenues of 3.202 billion yuan, 3.238 billion yuan, and 835 million yuan for the years 2023, 2024, and the first quarter of 2025, respectively, with net profits of 155 million yuan, 155 million yuan, and 31.08 million yuan [6]. IPO Details - Daoshengtianhe plans to raise 694 million yuan through its IPO to fund a project for producing 56,000 tons of high-end adhesives and high-performance composite resin systems, as well as to repay bank loans [7].