奥美森北交所上会，为格力、美的供应商，存货规模较大

Core Viewpoint - Aomen Sen Intelligent Equipment Co., Ltd. is set to hold a listing meeting on the Beijing Stock Exchange, with a focus on its intelligent manufacturing equipment for various industries, including electrical appliances and renewable energy [1]. Company Overview - Aomen Sen is based in Zhongshan, Guangdong Province, and specializes in the research, design, production, and sales of intelligent production equipment [1]. - The company is controlled by four individuals who collectively hold 73.77% of the shares, with Aomen Sen Technology owning 45.75% [1][2]. Business Performance - The company's revenue for the years 2022, 2023, and 2024 is approximately 279 million, 325 million, and 358 million respectively, with net profits of about 19.39 million, 48.16 million, and 55.82 million [7]. - The gross profit margins for the same years are 37.65%, 43.35%, and 44.94%, showing an upward trend compared to the average gross margins of comparable companies [8][9]. Product Offering - Aomen Sen's main products include intelligent equipment for heat exchanger production and pipeline processing, which address issues like high energy consumption and low production efficiency in the air conditioning and refrigeration sectors [5]. - The revenue from heat exchanger production equipment is expected to reach 69.89% by 2024, indicating a significant reliance on this product line [5]. Market Position and Risks - The company has established partnerships with major electrical appliance manufacturers, which supports its growth in the industry [10]. - However, the company faces risks related to fluctuations in downstream demand and the potential for large inventories, which could impact cash flow and operational efficiency [10]. Fundraising and Future Plans - Aomen Sen plans to raise funds for the construction of a digital forming equipment production base, a research and development center, and to supplement working capital, with a total investment of approximately 46.27 million [11][12]. - The expected revenue from the new production capacity is projected to be 600 million, significantly higher than the recent revenue of 358 million, indicating ambitious growth plans [12].