均胜电子通过港交所聆讯 冲刺“A+H”双资本平台

Core Viewpoint - Junsheng Electronics is set to become the first "automotive + robotics Tier 1" dual-track listed company in both A-share and H-share markets, following its application approval by the Hong Kong Stock Exchange [1] Group 1: Automotive Business - The company plans to issue up to 283 million overseas listed ordinary shares, having completed the necessary regulatory filings [1] - Junsheng's automotive business includes three main product categories: automotive electronic solutions, automotive safety solutions, and other automotive components [1] - The automotive safety solutions segment is projected to hold approximately 30% of the global market share in 2024, ranking second in both China and globally [1] Group 2: Robotics Business - In the robotics sector, Junsheng focuses on component assembly solutions and intelligent industrial applications, with a complete product matrix expected by 2025 [2] - The company has established partnerships with notable robotics firms and has begun mass production of certain products [3] Group 3: Financial Performance - In the first half of 2025, Junsheng reported revenue of 30.347 billion yuan, a year-on-year increase of 12%, with net profit reaching 700 million yuan, up 11.13% [2] - New orders during the same period amounted to approximately 31.2 billion yuan, with over 66% related to new energy vehicles, indicating a continuous optimization of the business structure [2] Group 4: Global Strategy - Junsheng operates over 25 R&D centers and 60 production bases globally, with 74.7% of overseas sales expected in 2024 [3] - The company's global strategy emphasizes local production to mitigate regional market fluctuations, showcasing strong resilience amid global automotive industry volatility [2][3] Group 5: Future Plans - Funds raised from the Hong Kong IPO will primarily be allocated to the development and commercialization of next-generation automotive intelligent solutions, enhancing manufacturing capabilities, and optimizing supply chain management [3] - The company aims to leverage its technological expertise from the automotive sector to establish a second growth curve in the robotics field [3]