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明天,特高压细分龙头来了
Zhong Guo Zheng Quan Bao·2025-08-10 04:39

Company Overview - Hongyuan Co., Ltd. is a leading enterprise in the production of electromagnetic wire for ultra-high voltage transformers, with an issue price of 9.17 CNY per share and a price-to-earnings ratio of 12.34 [1] - The company specializes in the research, production, and sales of various types of electromagnetic wire, including switch wires, paper-wrapped wires, enamelled wires, and composite wires, primarily used in large power transmission and transformation equipment [1] - Major clients include significant manufacturers such as TBEA, XJ Electric, and Hitachi Energy, with international customers from Turkey, the USA, Egypt, and Indonesia [1] Financial Performance - Projected revenues for Hongyuan Co., Ltd. from 2022 to 2024 are 1.311 billion CNY, 1.461 billion CNY, and 2.072 billion CNY, respectively, with net profits of 50 million CNY, 64 million CNY, and 101 million CNY [2] - In the first half of 2025, the company achieved a revenue of 1.246 billion CNY and a net profit of 48 million CNY [2] Industry Trends - There is a growing enthusiasm for new stock subscriptions on the Beijing Stock Exchange, with record-breaking frozen funds for recent IPOs, indicating strong investor interest [3] - The average first-day increase for eight newly listed stocks this year on the Beijing Stock Exchange is 337.97% [3]