风电核心部件供应商锡华科技将于9月5日IPO上会

Core Viewpoint - The Shanghai Stock Exchange will review Jiangsu Xihua New Energy Technology Co., Ltd.'s application for an initial public offering on September 5, 2025, highlighting the company's significant role in the high-end equipment manufacturing sector, particularly in wind power gearbox components [1] Company Overview - Jiangsu Xihua specializes in the research, development, manufacturing, and sales of high-end equipment components, primarily focusing on wind power gearbox components and injection molding machine parts, establishing itself as a leading manufacturer in the industry [1] - The company has been committed to technological innovation for over 20 years, developing a robust independent research and development system, with 108 authorized patents, including 22 invention patents [1] Business Expansion - The company has established subsidiaries and production bases, enhancing its capability to provide comprehensive services from raw materials to finished products, and is planning to set up overseas production bases to meet global customer demands [2] - Xihua has built long-term partnerships with leading global companies in the wind power gearbox and injection molding sectors, with collaborations exceeding ten years, including over twenty years with South High Gear [2] Financial Performance - From 2022 to 2024, the company maintained a stable and high level of profitability, with significant revenue and net profit growth expected in the second half of 2024 due to industry demand recovery and enhanced product supply capabilities [2] - In the first half of 2025, the company reported revenue of 580 million yuan, a year-on-year increase of 36.67%, and a net profit of 94.29 million yuan, reflecting a 55.67% increase compared to the previous year [2] Future Outlook - The company anticipates substantial growth in its operating performance for the first nine months of 2025, projecting revenue between 859 million and 869 million yuan, a year-on-year increase of 29.04% to 30.54%, and net profit between 150 million and 157 million yuan, reflecting a growth of 44.03% to 50.52% [3] - Xihua aims to continue focusing on the high-end equipment component sector, leveraging opportunities in the renewable wind energy industry to become a top global manufacturer integrating research, design, production, and sales [3]