新股消息 | 拓璞数控递表港交所 在中国航空航天五轴数控机床市场排名首位

Core Viewpoint - Shanghai Topco CNC Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange, with Guotai Junan International and Jianyin International as joint sponsors [1] Company Overview - Topco CNC is a large enterprise in China focused on the research, design, production, and sales of high-end intelligent manufacturing equipment, primarily five-axis CNC machine tools [5] - The company aims to meet the advanced manufacturing needs of the aerospace sector in China [5] Market Position - According to a report by Zhaoshang Consulting, Topco CNC ranks first in the Chinese aerospace five-axis CNC machine tool market with a market share of 11.6% in 2024 [5] - In the overall Chinese five-axis CNC machine tool market, Topco CNC ranks fifth among all suppliers and third among domestic suppliers, with a market share of 4.3% [5][8] Market Growth - The market size for five-axis CNC machine tools is expected to grow from RMB 10.8 billion in 2024 to RMB 27 billion in 2029, with a compound annual growth rate (CAGR) of 20.1% [5] - The domestic suppliers' market share in the five-axis CNC machine tool industry is projected to increase from 18.0% in 2020 to 55.0% in 2024, and is expected to exceed 75.0% by 2029 [8] Product Offerings - Topco CNC generates revenue through the sale of aerospace intelligent manufacturing equipment, compact general-purpose five-axis machine tools, large-size carbon fiber composite five-axis machine tools, and maintenance services [6] - The company has established a research and development platform based on five core technology pillars, which include precision mechanical design, core component development, CNC systems, process programming software, and artificial intelligence manufacturing technology [6] Financial Performance - Topco CNC reported revenues of approximately RMB 136 million, RMB 335 million, RMB 532 million, RMB 315 million, and RMB 445 million for the fiscal years 2022, 2023, 2024, and the first six months of 2025, respectively [8]