电脱设备国内龙头，能源装备“小巨人”今日申购丨打新早知道

Core Viewpoint - The article discusses the IPO of Changjiang Energy Technology (920158.BJ), a leading domestic company specializing in energy chemical equipment, highlighting its market position, revenue structure, and technological achievements [1][2]. Group 1: Company Overview - Changjiang Energy Technology is recognized as a national-level specialized and innovative "little giant" enterprise focusing on the design, research and development, manufacturing, and service of energy chemical equipment [1]. - The company's main products include electro-dehydration equipment, separation equipment, heat exchange equipment, storage equipment, carbon capture equipment, and hydrogen energy equipment, which are widely used in oil and gas engineering, refining and chemical industries, marine engineering, and clean energy sectors [1]. Group 2: Revenue Structure - In 2024, the revenue from electro-dehydration equipment is projected to be 202 million yuan, contributing 64.80% to total revenue, while other energy chemical equipment is expected to generate 98 million yuan, contributing 31.30%, together accounting for over 95% of total revenue [1]. - The company has maintained a leading market share in the electro-dehydration equipment sector, ranking first in China from 2021 to 2023 according to the Jiangsu Provincial Petrochemical Equipment Industry Association [1]. Group 3: Client Relationships and Achievements - Changjiang Energy Technology is a qualified supplier for major companies such as Sinopec, PetroChina, and CNOOC, and has established long-term stable partnerships with notable firms like Yulong Petrochemical and Dongfang Shenghong [2]. - The company has received multiple awards for its technologies and products, including the "First Set" and "National Key New Product" certifications, and has participated in significant projects that have achieved international recognition [2]. Group 4: Financial Performance and Risks - The company's gross profit margins for its main business are projected to be 48.15%, 32.19%, and 41.17% for the years 2022 to 2024, indicating potential volatility and risks of decline [2]. - The company faces risks related to the concentration of its major clients, as a downturn in the downstream industry could adversely affect order volumes and accounts receivable [3].