Xingyu Co.,Ltd(SH:601799) Zheng Quan Shi Bao·2025-12-03 17:33Core Viewpoint - Xingyu Co., Ltd. (601799) is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its international strategy and diversify financing channels for high-quality development [1] Group 1: H-Share Listing - The company is currently discussing the specifics of the H-share issuance with relevant intermediaries, and the details are yet to be finalized [1] - The H-share listing will not result in changes to the controlling shareholder or actual controller of the company [1] Group 2: Business Overview - Xingyu Co., Ltd. specializes in the design, development, manufacturing, and sales of automotive lighting products, including front and rear lights and interior/exterior decorative lights [1] - The company has entered the supply chains of various European, Japanese, American, and Chinese domestic automobile brands [1] - The company has increased its efforts in expanding overseas markets, establishing a factory in Serbia, and has seen a 49% year-on-year increase in overseas revenue, reaching 500 million yuan in 2024 [1] Group 3: Financial Performance - In the first three quarters of this year, the company achieved a revenue of 10.71 billion yuan, a year-on-year increase of 16.09%, and a net profit attributable to shareholders of 1.141 billion yuan, up 16.76% year-on-year [2] Group 4: New Ventures and Collaborations - In October, the company established Changzhou Xingyu Intelligent Robot Co., Ltd. with a registered capital of 100 million yuan, entering the robotics field [2] - The company signed a strategic cooperation agreement with Jieke Robot Co., Ltd. to collaborate in three main areas: embodied intelligent robot innovation, smart manufacturing upgrades, and industry chain collaboration [2] - The cooperation will focus on joint innovation in embodied intelligence, integration of robots with AI algorithms for innovative applications in automotive parts, and sharing technology standards and scene data to promote domestic core components and innovative applications [2]