Core Viewpoint - Crown New Materials Technology Co., Ltd. has received approval for its IPO on the Shenzhen Stock Exchange, indicating a significant step for the company in the functional film and adhesive products industry [1]. Company Overview - Crown New Materials focuses on the research, production, and sales of industrial-grade adhesives, electronic-grade adhesives, and functional film materials, serving various sectors including light industry, home appliances, automotive manufacturing, new energy batteries, consumer electronics, smart IoT, and semiconductors [4]. Financial Performance - The company's revenue for the reporting periods (2022 to 2025) shows a steady increase, with total revenues of 2.567 billion yuan, 2.895 billion yuan, 3.159 billion yuan, and 1.592 billion yuan for the respective years [5]. - The net profit after deducting non-recurring gains and losses was 226 million yuan, 275 million yuan, 307 million yuan, and 154 million yuan for the same periods, indicating stable growth [5]. Product Revenue Breakdown - Industrial-grade adhesives accounted for over 65% of total revenue, with a decline in sales price from 3.72 yuan to 3.51 yuan, while electronic-grade adhesives and functional film materials saw price increases [6]. - The revenue from industrial-grade adhesives was 1.0357 billion yuan in the first half of 2025, reflecting a growth rate of 66.07% [5]. Funding and Investment Plans - The company plans to raise 919 million yuan, primarily for expanding production projects in Guangdong, Jiangsu, and Zhejiang, as well as for the construction of a research and development center [7][8].
皇冠新材冲刺深市主板IPO，拟募资9.19亿加码高端功能性复合材料！
Sou Hu Cai Jing·2025-12-04 05:23