Core Viewpoint - The successful IPO of YouSheng Co., Ltd. marks a significant milestone for the company, providing a platform for growth and innovation in the lightweight aluminum automotive parts sector, particularly in the context of China's dual carbon policy goals [3][9][10]. Company Overview - YouSheng Co., Ltd. was established in 1992 and specializes in the design, development, production, sales, and service of aluminum alloy automotive components, focusing on lightweight solutions for both electric and fuel vehicles [6][9]. - The company has been recognized as a pioneer in the lightweight aluminum parts for new energy vehicles and has established long-term partnerships with leading manufacturers such as Tesla and NIO [6][7]. Financial Performance - In 2022, 2023, and 2024, YouSheng achieved revenues of 2.35 billion, 2.90 billion, and 3.95 billion yuan respectively, with net profits of 233 million, 321 million, and 405 million yuan [6]. - For the first half of 2025, the company reported revenues of 2.18 billion yuan, a year-on-year increase of 30.76%, and net profits of 221 million yuan, up 50.07% from the previous year [6][7]. Market Position and Strategy - The company aims to become a top-tier supplier in the global automotive industry, leveraging its advanced technologies in high-performance aluminum alloys and lightweight product design [9][10]. - YouSheng is expanding its manufacturing capabilities with modern facilities in various locations, including Mexico and Bulgaria, to enhance its international competitiveness [9][10]. IPO Details - The IPO raised 2.471 billion yuan, which will be allocated to the construction of a new production base and to supplement working capital [10]. - The stock price surged by 71.48% on its first trading day, closing at 79.50 yuan per share, resulting in a market capitalization of 15.349 billion yuan [5][10].
股价大涨71.48%！友升股份登陆上交所主板