Core Viewpoint - The approval of Jiangsu Xihua New Energy Technology Co., Ltd.'s IPO marks a significant step for the company as it prepares to enter the capital market, aligning with national policies promoting the development of the renewable energy sector [1][3]. Group 1: Company Overview - Jiangsu Xihua Technology, established in 2001, is a leading manufacturer of high-end equipment components, specializing in wind power gearbox components and offering comprehensive services from raw material manufacturing to finished product processing [1]. - The company aims to become a top global manufacturer in the renewable energy sector, providing critical support for the development of new productive forces in the national renewable energy field [1]. Group 2: Industry Context - The national government has been actively promoting the development of the renewable energy industry through various supportive policies, creating a favorable external environment for the company's growth [1]. - The State Council's document "China's Energy Transition" emphasizes the need for significant advancements in wind power and the development of large-scale offshore wind power projects [2]. Group 3: Performance Metrics - In the first half of 2025, the company reported a 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% year-on-year [3]. - The company has a robust order backlog, with approximately 32,378.12 tons of orders on hand as of late July 2025, representing a 70.04% increase compared to the average monthly sales in 2024 [3]. - Projections for the first three quarters of 2025 indicate expected revenues of 859 million to 869 million yuan, a year-on-year increase of 29.04% to 30.54%, and net profits of 150 million to 157 million yuan, reflecting a growth of 44.03% to 50.52% [3].
锡华科技IPO获准注册:政策契合+业绩高增 新能源风电高端装备部件龙头冲刺资本市场
Zheng Quan Shi Bao Wang·2025-09-19 13:38