美的、格力撑起公司八成营收 精密机械领先企业今日申购丨打新早知道

Core Viewpoint - Nantong Technology (920124.BJ) is set to be available for subscription on the Beijing Stock Exchange, focusing on the research, production, and sales of precision mechanical components, particularly for compressors and automotive parts [1] Group 1: Company Overview - Nantong Technology has established a comprehensive production system centered on high-performance precision mechanical components, covering mold design, melting, casting, and precision processing [5] - The company has received multiple honors, including being recognized as a "National High-tech Enterprise" and a "Specialized and Innovative Small and Medium-sized Enterprise" in Guangdong Province [1] Group 2: Financial Performance - The company achieved revenues of 834 million yuan, 938 million yuan, and 1.031 billion yuan from 2022 to 2024, with net profits of 47 million yuan, 84 million yuan, and 98 million yuan respectively [5] - In the first half of 2025, Nantong Technology reported revenues of 573 million yuan and net profits of 67 million yuan [5] Group 3: Market Position - Nantong Technology holds a market share of 13.28% in the compressor component market, indicating a competitive advantage within the industry [5] - The company has established stable long-term partnerships with well-known enterprises such as Midea Group, Gree Electric, and Panasonic, contributing to over 80% of total revenue from sales to Midea and Gree in the first half of the year [5] Group 4: Risks - The company faces risks related to a single product structure, as its revenue and profits are primarily derived from sales to compressor manufacturers [6] - Although Nantong Technology has the capability to produce components for other downstream applications, these products have not yet gained significant market share [6]