Core Viewpoint - Aifenda, a leading intelligent heating and ventilation enterprise, successfully listed on the Shenzhen Stock Exchange's ChiNext board on September 10, 2025, marking its entry into the A-share capital market after 20 years of development in the heating towel rack and HVAC components sector [2][3]. Financial Performance - Aifenda's revenue for the reporting period was 760 million yuan, 830 million yuan, and 1.05 billion yuan, with a compound annual growth rate (CAGR) of 17.36%; the net profit attributable to the parent company was 88 million yuan, 87 million yuan, and 128 million yuan, with a CAGR close to 20% [2]. - In the first half of 2025, the company reported revenue of 505 million yuan, a year-on-year increase of 7.53%, and a net profit of 59.78 million yuan, a year-on-year increase of 35.53% [3]. Business Development - Aifenda has transformed from a traditional manufacturing enterprise to a benchmark in intelligent manufacturing over the past 20 years, focusing on user experience, technological innovation, and global development [4]. - The company has a production capacity of over 2 million heating towel racks annually and has accumulated rich experience in the design and manufacturing of bathroom towel racks [4]. Technological Innovation - Aifenda has invested nearly 87.91 million yuan in innovation and R&D over the past three years, with a team of 189 researchers and a total of 736 patents, including 87 invention patents and 74 overseas patents [7]. - The company has developed advanced technologies for its heating towel racks, including integrated heating technology, antibacterial features, and smart functions [7]. Market Position - According to Frost & Sullivan, Aifenda holds the leading position in global heating towel rack shipments as of 2023 [8]. - The company has established significant customer relationships, with major clients including Kingfisher Group and others, accounting for 43.05% of its revenue in 2024 [8][9]. Global Expansion - Aifenda's overseas sales revenue from 2022 to 2024 was 690 million yuan, 762 million yuan, and 997 million yuan, consistently representing over 90% of its main business [9]. - The company plans to enhance its brand strategy post-IPO, focusing on expanding its international market presence while increasing its domestic market share [10]. Future Outlook - Aifenda is expected to benefit from the growing demand for smart bathroom products as the global smart home market expands, leveraging its technological advantages and market position [10][11].
电热毛巾架“制造”到“智造”，艾芬达IPO之路的20年蝶变