Core Viewpoint - Changyu Group has applied for a listing on the Shanghai Stock Exchange, with its review status changed to "inquired," aiming to raise 700 million yuan [1]. Company Overview - Changyu Group specializes in the research, production, and sales of zirconium products, specialty nylon products, and fine chemical products, with key products including zircon oxychloride, zircon carbonate, zircon oxide, nano-composite zircon oxide, specialty nylon, long-chain dicarboxylic acid, long-chain diol, and long-chain dimethyl ester [1]. - The company is a well-known supplier of zirconium and specialty nylon products, holding the largest global production capacity for zircon oxychloride and leading in specialty nylon production capacity and variety in China [1]. Product Applications - The products of Changyu Group are widely used in various sectors, including automotive, communications, consumer electronics, high-performance ceramics, and medical fields, with sales extending to regions such as mainland China, Europe, the United States, Japan, South Korea, India, and Southeast Asia [3]. - The company has established strong partnerships with notable industry players, including Guocera Materials, First Rare Elements, Japan's Tokai, BYD, Solvay, Jinhua Technology, Swiss EMS, and South Korea's Hanwha Group [3]. Financial Performance - For the fiscal years 2022, 2023, and 2024, Changyu Group reported revenues of approximately 1.669 billion yuan, 1.607 billion yuan, and 1.637 billion yuan, respectively, with net profits of approximately 255 million yuan, 189 million yuan, and 208 million yuan [3]. - The total assets of the company as of December 31, 2024, are reported at 1.671 billion yuan, with equity attributable to shareholders at 1.267 billion yuan [4]. - The company’s asset-liability ratio stands at 5.16% for 2024, with a basic earnings per share of 0.56 yuan [4]. Market Outlook - The demand for zirconium materials is expected to grow, particularly in defense, high-end manufacturing, and sectors like 5G and electronic information communication, driven by the ongoing structural reforms in the chemical industry and China's transition from a major economic power to a strong economic power [2]. - According to QYResearch, the global zircon oxychloride market is projected to reach 750 million USD by 2030, indicating a significant expansion in market capacity due to increasing downstream demand [2].
长裕集团上交所IPO“已问询” 氧氯化锆产能规模全球最大
Zhi Tong Cai Jing·2025-06-15 23:20