Group 1 - The core viewpoint of the article is that Aux Electric Co., Ltd. has submitted a new listing application to the Hong Kong Stock Exchange, aiming to capitalize on its strong market position and growth in the air conditioning sector [1] - Aux is the fifth largest air conditioning supplier globally in 2024, with a market share of 7.1% and projected revenue of approximately 29.8 billion RMB, with 57.1% of this revenue coming from overseas [1] - The company has demonstrated a compound annual growth rate (CAGR) of 30.0% in air conditioning sales from 2022 to 2024, significantly outpacing the global market's CAGR of 4.6% [1] Group 2 - Aux's revenue increased from 19.5 billion RMB in 2022 to 24.8 billion RMB in 2023, marking a growth of 27.2%, and is expected to rise by 19.8% to 29.8 billion RMB in 2024 [1] - The net profit of Aux rose by 72.5% from 1.4 billion RMB in 2022 to 2.5 billion RMB in 2023, with a further increase of 17.0% expected to reach 2.9 billion RMB in 2024 [2] - The net profit margin for Aux Electric was 7.4% in 2022, increasing to 10.0% in 2023, and is projected to be 9.8% in 2024, with a margin of 10.2% for the three months ending March 31, 2025 [2]
奥克斯更新招股书，二度递表港交所
Bei Jing Shang Bao·2025-07-17 07:31