沃尔核材递表港交所

Company Overview - Shenzhen Wolong Nuclear Material Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, with the application officially accepted [1] - The company is a leading provider of high-speed data communication and alternative energy power transmission solutions, crucial for supporting global economic development and technological advancement [1] - According to Frost & Sullivan, Wolong is the second largest high-speed copper cable manufacturer globally and the largest in China, with a global market share of 24.9% as of 2024 [1] Product and Market Position - Wolong's high-speed copper cables are certified for use in computing servers of leading global AI companies with strong GPU design or manufacturing capabilities [1] - The company holds the number one position in the global heat shrink materials industry with a market share of 20.6% as of 2024 [1] - After nearly 30 years of technological iteration, Wolong has established a leading market position in providing one-stop solutions for electronic materials, cables, and components [1] Strategic Partnerships and Manufacturing - Wolong has established long-term partnerships with globally recognized companies in AI, telecommunications, electric vehicle manufacturing, energy, and power sectors, many of which are among the top 100 companies worldwide [2] - As of December 31, 2024, the company operates nine manufacturing bases in China and has set up an overseas factory in Vietnam to meet customer production and supply chain management needs [2] Financial Performance - Wolong's operating revenues for 2022, 2023, and 2024 are projected to be 5.3366 billion, 5.7188 billion, and 6.9201 billion RMB respectively [2] - The net profits for the same years are expected to be 660.2 million, 757.7 million, and 920.5 million RMB respectively [2] - The return on equity for 2022, 2023, and 2024 is projected to be 14.8%, 14.8%, and 15.9% respectively [2]