Group 1: Company Overview - Loushao Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and brand image [1][2] - The company operates in several sectors including aerial work platforms, photovoltaic power generation, enameled wire, and silicon carbide [1][2] Group 2: Financial Performance - In 2024, Loushao Technology achieved a revenue of approximately 3.717 billion yuan, representing a year-on-year growth of 34.07% [3] - The net profit attributable to shareholders was about 258 million yuan, showing a significant increase of 97.03% compared to the previous year [3] - For Q1 2025, the company reported a revenue of approximately 859 million yuan, a year-on-year increase of 10.44% [4] Group 3: Market and Industry Insights - The aerial work platform market in China is expected to grow significantly, with a projected total of at least 1.5 million units in the next three years due to urbanization and infrastructure investments [2] - The company has a total installed capacity of 813,100 kW in its photovoltaic power generation business, primarily located in northern China [2]
露笑科技,筹划赴港上市