TJSMW(SH:600577) Xin Lang Cai Jing·2025-06-27 00:24Group 1 - Shanghai Superconductor has filed for an IPO to raise 1.2 billion yuan for the "Second Generation High-Temperature Superconducting Tape Production and Headquarters Base Project (Phase I)" [1] - Shanghai Superconductor is a leading producer of high-temperature superconducting materials, being one of the few companies globally capable of mass-producing over 1,000 kilometers of second-generation high-temperature superconducting tape annually [1] - The company holds over 80% market share in the domestic second-generation high-temperature superconducting tape market and has ranked first for three consecutive years from 2022 to 2024 [1] Group 2 - The demand from downstream sectors such as controllable nuclear fusion and superconducting electricity has led to a significant increase in product sales, with sales projected to grow from 68.72 kilometers in 2022 to 955.47 kilometers in 2024 [2] - Revenue for Shanghai Superconductor is expected to rise from 36 million yuan in 2022 to 240 million yuan in 2024, reflecting a compound annual growth rate of 158.74% [2] - The company is projected to turn profitable in 2024, with an expected profit of 73 million yuan after losses of 26 million yuan in 2022 and 4 million yuan in 2023 [2] Group 3 - Jingda Co., the largest single shareholder of Shanghai Superconductor, holds an 18.15% stake, which is expected to decrease to 15.42% post-IPO [1] - Jingda Co. is anticipated to benefit significantly from the future growth of Shanghai Superconductor [1] - The traditional home appliance and automotive copper and aluminum wire businesses of Jingda Co. are expected to maintain steady growth this year [2]