Core Viewpoint - Audiwei Sensor Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, marking its entry into the international capital market as a leading provider of sensor and actuation solutions [2] Group 1: Company Overview - Audiwei Sensor is a global leader in sensor and actuation solutions, focusing on smart home, smart automotive, smart terminals, and smart manufacturing applications [2] - The company emphasizes customer-centricity and has developed into a technology platform specializing in high-precision sensing and micro-actuation solutions [2] Group 2: Competitive Advantage - The unique technology value chain is a core competitive advantage, integrating the entire production process from sensitive materials to precision manufacturing [3] - Audiwei Sensor ranks second in China for smart home product sensor revenue and third globally for automotive ultrasonic sensors and actuators [3] Group 3: Market Growth - The global sensor and actuator market is projected to grow from $189.1 billion and $262.1 billion in 2020 to $237.1 billion and $320.5 billion by 2024, with compound annual growth rates (CAGR) of 5.8% and 5.2% respectively [4] - The Chinese market is expected to grow from RMB 292.9 billion and RMB 394.5 billion to RMB 398.3 billion and RMB 499.1 billion, with CAGRs of 8.0% and 6.1% [4] Group 4: Financial Performance - Audiwei Sensor's revenue grew from RMB 378 million in 2022 to RMB 617.2 million in 2024, with a CAGR of 27.8% [5] - The company's net profit increased from RMB 52.6 million in 2022 to RMB 94 million in 2024, achieving a CAGR of 33.6% [5] Group 5: Research and Development - R&D is a cornerstone of Audiwei Sensor's growth, with R&D expenditures of approximately RMB 32.2 million in 2022, increasing to RMB 51.4 million in 2024 [6] - The company holds 267 patents, including 77 invention patents, which support its product innovation [7]
奥迪威传感正式递表港交所，为全球前三大汽车超声波传感器供应商