Core Viewpoint - The successful IPO of YouSheng Aluminum Industry Co., Ltd. marks a significant milestone for the company, which focuses on lightweight automotive components and aims to contribute to the low-carbon transition of the automotive industry in China [1][4]. Group 1: Company Overview - YouSheng, established in 1992, specializes in the design, development, production, and sales of aluminum alloy automotive components, positioning itself as a pioneer in lightweight parts for new energy vehicles [2]. - The company has received recognition as a national-level "specialized and innovative" small giant enterprise in 2024, highlighting its commitment to the new energy vehicle sector [2]. - YouSheng's product range includes various series such as threshold beams, battery trays, bumpers, and subframes, catering primarily to the new energy vehicle market [2]. Group 2: Financial Performance - From 2022 to 2024, YouSheng achieved revenues of 2.35 billion, 2.90 billion, and 3.95 billion yuan, with net profits of 233 million, 321 million, and 405 million yuan respectively [3]. - In the first half of 2025, the company reported a revenue of 2.18 billion yuan, reflecting a year-on-year growth of 30.76%, and a net profit of 221 million yuan, up 50.07% from the previous year [3]. Group 3: Fundraising and Future Plans - YouSheng raised 2.471 billion yuan in its IPO, which will be allocated to three projects: the production base for lightweight aluminum alloy components, a project for producing 500,000 battery trays and 200,000 underbody components, and working capital [4]. - The company plans to expand its influence in the new energy vehicle parts sector by targeting high-end clients and increasing R&D investments to enhance product performance and production efficiency [4]. Group 4: Industry Position and Strategy - Aluminum alloy components are increasingly favored in the automotive industry due to their lightweight, reliability, and thermal stability, making them ideal for various structural parts [5]. - YouSheng aims to become a top global supplier in the automotive industry by mastering core technologies in high-performance aluminum alloys, advanced processing techniques, and lightweight product design [6]. - The company is implementing a dual-circulation development strategy, establishing modern manufacturing bases in various regions of China and expanding its global footprint with production facilities in Mexico and Bulgaria [7].
友升股份： 专注轻量化汽车零部件 募资24.71亿元布局新产能