Core Viewpoint - The stock price of Upwind New Materials (688585.SH) has surged significantly, achieving a 519.41% increase over ten consecutive trading days, while the broader market only rose by 1.81% [1] Company Overview - Upwind New Materials is a leading supplier of environmentally friendly corrosion-resistant resins and is recognized as a global manufacturer of recyclable resins [7] - The company specializes in the research, production, and sales of high-performance corrosion-resistant materials, materials for wind turbine blades, and new composite materials [7] - The company has established factories in Shanghai, Tianjin, Jiangsu, Taiwan, and Malaysia [7] Recent Developments - The company announced a significant share transfer agreement involving its controlling shareholder, SWANCOR Samoa, and Shanghai Zhiyuan Hengyue Technology Partnership, which will result in Zhiyuan Hengyue acquiring a 24.99% stake [1][2] - Following the completion of the share transfer, Zhiyuan Hengyue and Zhiyuan New Venture will collectively hold 29.99% of Upwind New Materials' shares and corresponding voting rights [2] - The share transfer price was set at 7.78 yuan per share, totaling 9.41 billion yuan for 121 million shares [3] Financial Performance - In the previous year, Upwind New Materials achieved a revenue of 1.494 billion yuan, representing a year-on-year growth of 6.73%, with a net profit of 88.68 million yuan, up 25.01% [8] - The company's overseas revenue proportion increased to 35.62%, up 6.11 percentage points from the previous year [8] - In the first quarter of this year, the company reported a revenue of 369 million yuan, a year-on-year increase of 10.65%, and a net profit of 22.55 million yuan, up 22.26% [8] Market Position and Future Prospects - The market speculates that Zhiyuan Robot may be seeking a backdoor listing through this acquisition, although the company has denied any plans for significant changes to Upwind New Materials' main business in the next 12 months [7] - Upwind New Materials has been actively involved in the circular economy materials and new energy storage sectors, with collaborations with major companies like Goldwind Technology and Siemens Gamesa [8]
十连板暴涨519%的上纬新材,是何来头?