Core Viewpoint - Hai'an Group has officially entered the capital market, marking a significant milestone in its journey from a tire refurbishment workshop to a leading manufacturer of all-steel giant tires, achieving a dominant position in a market largely controlled by international giants like Michelin and Bridgestone [1][2]. Group 1: Company Development - Hai'an Group has transformed from a small tire refurbishment workshop to a major player in the all-steel giant tire industry over the past 20 years, now holding the position of the largest domestic manufacturer and the fourth largest globally [1][2]. - The company has developed a comprehensive product matrix covering all specifications from 49 inches to 63 inches, supported by 76 patents and a robust core technology system [3]. - The company has successfully filled a domestic gap in the production of all-steel giant tires, with significant technological advancements achieved through collaboration with the Beijing Rubber Industry Research and Design Institute [2][3]. Group 2: Market Position and Financial Performance - In 2022, Hai'an Group's revenue reached 1.508 billion yuan, with projected revenues of 2.251 billion yuan in 2023 and 2.300 billion yuan in 2024, alongside net profits of 319 million yuan, 639 million yuan, and 641 million yuan respectively [6]. - The company has established a strong international presence, with overseas sales accounting for approximately 65.19%, 76.16%, and 74.23% of its main business revenue from 2022 to 2024 [6]. - As of 2022, Hai'an Group held a market share of about 52.4% in the domestic all-steel giant tire market, ranking first among domestic manufacturers [6]. Group 3: Strategic Initiatives and Future Plans - The company plans to utilize funds raised from its IPO to enhance its technological capabilities, expand production capacity, and develop an automated production line, aiming to meet growing order demands and improve production efficiency [7]. - Hai'an Group has formed strategic partnerships with major industry players such as Zijin Mining and Jiangxi Copper, establishing a dual guarantee system of "capital + orders" to support its international expansion [4][5]. - The company aims to accelerate its global layout strategy and enhance its market influence through a combination of manufacturing upgrades, technological leadership, and brand development [7].
海安集团A股启航 以“全钢巨胎”为轮加速驶向全球市场