锡华科技IPO 进程更新，2025年前三季度营收净利润双高增

Core Viewpoint - Jiangsu Xihua New Energy Technology Co., Ltd. has updated its IPO status to "submitted for registration," indicating a significant step towards public listing and capital raising for business expansion [1] Group 1: Company Overview - Xihua Technology specializes in the R&D, manufacturing, and sales of high-end equipment components, primarily focusing on wind turbine gearbox components and injection molding machine parts [1] - The company has over 20 years of industry experience and emphasizes technological innovation as its foundation for development, particularly excelling in "thick-section" ductile iron technology [1] - Xihua's products are characterized by high strength, high plasticity, high precision, and high reliability, suitable for complex environments such as offshore typhoons and desert sandstorms [1] Group 2: Financial Performance - 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, up 55.67% [2] - For the first three quarters of this year, the company expects revenue to reach between 859 million and 869 million yuan, representing a year-on-year growth of 29.04% to 30.54% [2] - The projected net profit for the same period is estimated to be between 150 million and 157 million yuan, with a year-on-year increase of 44.03% to 50.52% [2] Group 3: Client Relationships and Market Position - The company has established strong relationships with major clients in the industry, including top global wind turbine gearbox manufacturers and leading injection molding machine companies, with most partnerships lasting over ten years [2] - Xihua Technology is actively expanding its client base by collaborating with high-quality clients such as Delijia and CRRC Corporation, exploring new avenues for revenue growth [2] Group 4: IPO and Future Plans - The company plans to raise 1.498 billion yuan through its IPO, which will be allocated to the industrialization of core wind power equipment and the construction of a research and development center [2] - Successful implementation of these projects is expected to support the company's scale expansion, improve its production capacity and technological level, and enhance its core competitiveness [2]