Core Viewpoint - HeBi HaiChang Intelligent Technology Co., Ltd. has received approval for its IPO application from the Beijing Stock Exchange, with Guojin Securities as the sponsor [2][4]. Company Overview - HeBi HaiChang focuses on the research, development, production, and sales of high-performance wiring harness equipment, providing intelligent solutions and related services for the downstream wiring harness manufacturing industry [2][4]. - The company's products serve various industries that utilize wiring harnesses, including automotive, information communication, and photovoltaic energy storage [2]. Financial Performance - The revenue for HeBi HaiChang from 2022 to 2024 is projected to be 520 million yuan, 652 million yuan, and 800 million yuan, respectively [4]. - The net profit for the same period is expected to be 108 million yuan, 121 million yuan, and 115 million yuan, indicating a year-on-year decline of 4.96% in 2024 [4]. - The decline in profitability is linked to losses from its core subsidiary, Kunshan Haihong, which reported a net loss of 10.59 million yuan in 2024 and a negative net asset of 20.32 million yuan [4]. Asset Impairment - HeBi HaiChang has experienced increasing asset impairment losses from 3.11 million yuan in 2022 to 13.13 million yuan in 2024 [5]. - The rising impairment losses are attributed to the inefficiencies in production at Kunshan Haihong, which was established to expand into the East China market but has faced challenges in meeting customer demands [5].
海昌智能IPO：子公司亏损拖累业绩 跨区经营隐忧凸显
Xi Niu Cai Jing·2025-07-03 03:17