换热器设备领先企业，格力、美的“小伙伴”今日申购丨打新早知道

Core Viewpoint - The company Aomeisen (920080.BJ) is a specialized manufacturer of intelligent equipment, focusing on the research, design, production, and sales of smart production devices and lines, with applications in various industries including electrical appliances, environmental protection, wind power, and lithium battery new energy [1][4]. Group 1: Company Overview - Aomeisen was established in 2003 and has focused on heat exchange and pipeline processing technology [4]. - The main products include intelligent equipment for heat exchangers, pipeline processing, and other customized intelligent devices [4]. - The company has achieved international advanced levels in key technologies related to digital design and manufacturing of heat exchanger equipment [4]. Group 2: Financial Information - The IPO price is set at 8.25 yuan per share, with a proposed fundraising amount of 0.90 billion yuan for the construction of a smart equipment production base and 0.75 billion yuan for a research and development center [3]. - The company’s earnings per share (EPS) is projected to grow significantly, with a net profit of 0.90 billion yuan in 2021, 1.80 billion yuan in 2022, and expected growth in subsequent years [3][5]. Group 3: Market Position and Clientele - Aomeisen maintains long-term stable partnerships with major domestic and international electrical appliance manufacturers such as Gree Electric, Midea Group, and Panasonic [4]. - The company is expanding into environmental protection, wind power, and lithium battery new energy sectors, with products like SRF/RDF production lines and lithium battery thermal pressing equipment [4]. Group 4: Risks and Challenges - The company acknowledges potential risks in business expansion, particularly in entering new markets such as environmental protection and new energy, which may affect its operational performance [5]. - Government subsidies have played a significant role in the company's profits, with amounts decreasing from 766.59 million yuan in 2022 to 209.47 million yuan in 2024, which could impact future earnings if policy support diminishes [5].