恒基金属从深主板转战北交所：中泰证券辅导，上半年营收净利双增

Core Viewpoint - Guangdong Hengjin Metal Co., Ltd. has completed its IPO counseling work and is transitioning to a public offering on the Beijing Stock Exchange, shifting from its original plan to list on the Shenzhen Stock Exchange [5]. Financial Performance - In the first half of 2025, the company achieved a revenue of 674.38 million yuan, representing a year-on-year growth of 37.94% [3][4]. - The net profit attributable to shareholders reached 70.30 million yuan, an increase of 9.47% compared to the previous year [3][4]. - The gross profit margin decreased to 21.14% from 24.75% in the same period last year [4]. - The weighted average return on equity was 9.63%, down from 10.56% year-on-year [4]. Company Overview - Hengjin Metal specializes in the research, production, and sales of customized piping, valves, and other components for refrigeration systems used in air conditioning and cold chain logistics [3]. - The company's product offerings include copper fittings, aluminum fittings, and shut-off valves [3]. IPO Counseling - The IPO counseling was initiated on October 28, 2022, with Zhongtai Securities Co., Ltd. as the counseling institution [3]. - The company has decided to change its listing strategy to issue shares to unspecified qualified investors on the Beijing Stock Exchange [5].