普源精电，拟港股IPO

Core Viewpoint - Puyuan Precision Electric plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance its competitiveness and international brand image while diversifying financing channels [2][5]. Group 1: Company Actions - The company will consider the interests of existing shareholders and the conditions of domestic and international capital markets when determining the timing and issuance window for the H-share offering [5]. - Puyuan Precision Electric has appointed Deloitte as the auditing firm for the H-share issuance and the first overseas audit after the listing [5]. - The company is actively discussing related work with intermediaries regarding the H-share issuance and listing, with specific details yet to be finalized [5]. Group 2: Financial Performance - In 2024, the company achieved a revenue of 776 million yuan, representing a year-on-year increase of 15.7%, while the net profit attributable to shareholders decreased by 14.5% to 92.3 million yuan [6]. - In the first quarter of 2025, the company reported a revenue of 168 million yuan, up 11.14% year-on-year, but the net profit attributable to shareholders fell by 40.03% to 3.78 million yuan [7]. Group 3: Market Position - As of August 8, the company's stock price closed at 35.94 yuan per share, with a total market capitalization of 6.98 billion yuan [8].