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建邦高科二次递表港交所 为中国知名的银粉供应商
Zhi Tong Cai Jing·2025-11-07 07:44

Company Overview - Jianbang High-Tech Co., Ltd. is a well-known silver powder supplier in China with over ten years of operational experience, integrating research, development, production, and sales capabilities [3][4] - The company's silver powder products are primarily used in the production of photovoltaic silver paste, a key raw material for solar cells [3] - Jianbang High-Tech ranks first among domestic manufacturers in silver powder sales revenue for 2022 and 2023, with market shares of 10.1% and 10.0%, respectively, and is projected to rank third in 2024 with a market share of 9.8% [3][11] Competitive Advantages - The company possesses independent and comprehensive silver powder production technology and process systems, along with proprietary intellectual property rights [3][4] - Strong research and development capabilities support the company's ability to respond quickly to changing customer and product demands [4] - Long-term stable cooperation with key upstream and downstream partners enhances the company's market position [4] Financial Performance - Revenue for Jianbang High-Tech increased from RMB 1.76 billion in 2022 to RMB 2.78 billion in 2023, and is projected to reach RMB 3.95 billion in 2024 [6][7] - The company's net profit rose from RMB 24.2 million in 2022 to RMB 59.89 million in 2023, and further to RMB 79.03 million in 2024, driven by increased sales volume of silver powder products [7][8] - The gross profit margin for the years ending December 31 for 2022, 2023, and 2024 was 3.4%, 3.9%, and 3.3%, respectively, while the net profit margin was 1.4%, 2.2%, and 2.0% [8][10] Industry Overview - Global silver powder sales revenue is projected to grow from RMB 543 billion in 2020 to RMB 1,314 billion by 2024, with a compound annual growth rate (CAGR) of 24.7% [11] - In China, silver powder sales revenue is expected to increase from RMB 316 billion in 2020 to RMB 993 billion by 2024, with a CAGR of 33.1% [11] - The demand for silver powder is driven by the growth of downstream industries, particularly photovoltaic applications, which accounted for approximately 31.9% of global silver powder sales revenue in 2024 [16]