Core Viewpoint - Shenzhen Haoying Technology Co., Ltd. has submitted its IPO application to the Shanghai Stock Exchange's Sci-Tech Innovation Board, aiming to raise 1.96 billion yuan [1] Company Overview - Haoying Technology is a leading manufacturer of drone power systems, focusing on the R&D, production, and sales of integrated power systems, electronic controls, motors, and propellers [1] - The company emphasizes self-research across the entire technology stack and is advancing high-end power technologies for heavy-lift drones and large eVTOLs [1] - The company has a strong market position, ranking in the first tier among third-party suppliers, with a projected global market share of 4.12% for its drone power products in 2024 [1] Competitive Landscape - The low-altitude economy is thriving, with a competitive landscape characterized by low market concentration and numerous participants in the drone power market [1] - The drone power sector is talent and technology-intensive, integrating multiple disciplines such as electronic science, computer science, software engineering, electrical engineering, electromagnetics, solid mechanics, and fluid mechanics [1] Performance in Model Racing - In the model racing sector, Haoying Technology is a leading enterprise, with its power products helping racers win 64 championships in top global model car competitions since 2022 [2] - The company holds a global market share of 23.09% in the model racing power system sector for 2024, ranking first worldwide [2] Fund Utilization - The funds raised will be allocated to the following projects: - High-end power system smart industrial park project (Phase I): 1.33 billion yuan - Haoying R&D center upgrade project: 485 million yuan - Working capital supplement: 160 million yuan - Total investment for these projects is approximately 1.97 billion yuan [2] Financial Performance - Revenue and net profit figures for Haoying Technology are as follows: - 2022: Revenue of 468 million yuan, net profit of 81.89 million yuan - 2023: Revenue of 546 million yuan, net profit of 94.18 million yuan - 2024: Revenue of 738 million yuan, net profit of 152 million yuan - 2025 (Jan-Jun): Revenue of 580 million yuan, net profit of 139 million yuan [2][3] - The company's total assets and equity have shown significant growth from 2022 to 2025, with total assets reaching approximately 953 million yuan by mid-2025 [3] - The company maintains a healthy financial position with a debt-to-asset ratio of 22.88% as of mid-2025 [3]
好盈科技科创板IPO已受理 为行业内领先的无人机动力系统专业制造商
Zhi Tong Cai Jing·2025-10-23 23:24