掘金“地沟油”！废弃资源综合利用“小巨人”今天申购丨打新早知道

Core Viewpoint - Fengbei Bio (603334.SH) is set to be listed on the Shanghai Stock Exchange, focusing on the comprehensive utilization of waste oil resources and oil chemical products, with a strong emphasis on bio-based materials and fuels [1][3]. Company Overview - Established in 2014, Fengbei Bio primarily engages in the comprehensive utilization of waste oil resources, with oil chemical products as a supplementary business [1]. - The company has developed a range of products, including bio-based materials (such as pesticide and fertilizer additives) and biofuels (mainly biodiesel) [3]. Financial Performance - Fengbei Bio's projected revenues for 2022, 2023, and 2024 are 1.709 billion, 1.728 billion, and 1.948 billion yuan, respectively, with year-on-year growth rates of 31.89%, 1.12%, and 12.75% [4]. - The net profit attributable to the parent company for the same years is expected to be 133 million, 130 million, and 124 million yuan, with growth rates of 30.85%, -2.73%, and -4.54% [4]. Market Position - The company holds a market share of approximately 4.68% in China's biodiesel industry, ranking sixth in production capacity as of the end of 2024 [3]. - In the agricultural chemical sector, Fengbei Bio has established long-term partnerships with leading companies, achieving a market share of about 6.72% for pesticide additives and 6.46% for fertilizer additives in 2023 [4]. Research and Development - As of June 30, 2025, Fengbei Bio and its subsidiaries have obtained 135 patents, including 33 domestic invention patents and 3 international invention patents [3]. - The company has been recognized as a national-level "little giant" enterprise and has established several engineering research centers in Jiangsu Province [3]. Investment Plans - The company plans to invest 750 million yuan in new projects, including the construction of facilities for producing 300,000 tons of oleic acid methyl ester and 50,000 tons of biodiesel, among other products [2].