Venture(US:VEMLY) Shang Hai Zheng Quan Bao·2025-08-21 01:47Group 1 - Company has officially launched its IPO process, planning to issue 21.67 million shares to raise approximately 664.68 million yuan for production line upgrades and working capital [1] - Company has a strong market position in the towel rack segment, achieving a compound annual growth rate (CAGR) of 17.36% in revenue from 2022 to 2024, with projected revenues of 762.22 million yuan, 830.27 million yuan, and 1.05 billion yuan respectively [1] - The net profit attributable to the parent company increased by 35.53% in the first half of 2025 compared to the same period last year, indicating improved market competitiveness [1] Group 2 - Company emphasizes research and development (R&D) as a key driver of growth, with R&D expenditures increasing at a CAGR of 14.88%, totaling 25.27 million yuan, 29.31 million yuan, and 33.34 million yuan over the reporting period [2] - Company has obtained a total of 736 national patents, including 87 invention patents, enhancing its technological capabilities in critical areas such as heating technology and smart control [2] - Company has been recognized as a high-tech enterprise and has achieved various certifications in smart manufacturing, indicating its leadership in digital transformation [2] Group 3 - Company is actively expanding its domestic market presence through online platforms like Tmall and JD, as well as strategic partnerships with real estate companies [3] - Future plans include enhancing market penetration in southern regions without heating and humid areas, while also strengthening online sales and community operations [3] - Company aims to increase brand influence and market share by collaborating with high-end hotels and entering building material supermarkets [3]