Venture(US:VEMLY) 智通财经网·2025-06-19 10:48Core Viewpoint - Shenzhen Shangshui Intelligent Co., Ltd. has initiated its IPO on the Shenzhen Stock Exchange's ChiNext board, aiming to raise approximately 587.39 million yuan, focusing on the intelligent equipment industry with a strong emphasis on the new energy battery and new materials sectors [1]. Group 1: Company Overview - Shangshui Intelligent has over ten years of experience in the intelligent equipment industry, developing a comprehensive technical capability system centered around "core single machines + intelligent control systems + process packages" [1]. - The company specializes in micro-nano powder processing, precise measurement of powder-liquid mixtures, and the preparation of functional films, with applications across various industries including new energy batteries, chemicals, food, pharmaceuticals, and semiconductors [1]. Group 2: Market Position and Products - In the new energy battery sector, Shangshui Intelligent's self-developed high-efficiency pulping system has achieved a 60% market share in China, ranking first, while its lithium battery pulping system holds a 12.77% market share, ranking third [1]. - The company has established partnerships with major players in the new energy battery and vehicle sectors, including BYD, CATL, and international manufacturers like Samsung SDI and LGES [2]. Group 3: Financial Performance - For the fiscal years 2022, 2023, and 2024, Shangshui Intelligent reported revenues of approximately 400 million yuan, 601 million yuan, and 637 million yuan, respectively, with net profits of about 97.72 million yuan, 234 million yuan, and 153 million yuan [4]. - The company's total assets are projected to reach approximately 1.8 billion yuan by the end of 2024, with a significant increase in equity attributable to shareholders [5]. Group 4: Fundraising and Investment Plans - The funds raised from the IPO will be allocated to several projects, including the construction of a high-precision intelligent equipment manufacturing base in South China and the establishment of a research and development center, with a total investment of approximately 951.78 million yuan [4].