Core Viewpoint - Meilian Steel Structure Building System (Shanghai) Co., Ltd. is preparing for a listing on the Hong Kong Stock Exchange, with Shenwan Hongyuan Hong Kong as the sole sponsor, focusing on the prefabricated steel structure building market in China [1] Group 1: Company Overview - Meilian is a comprehensive subcontractor in the prefabricated steel structure building market, providing services that include project design, procurement, manufacturing, and installation [1][2] - The company has established a strong reputation in the industrial sector of the prefabricated steel structure market in China, ranking third with a market share of 3.5% as of 2024 [1][3] Group 2: Business Segments - The company's operations are divided into three categories: (i) prefabricated steel structure subcontracting services, (ii) specialized engineering contracting, and (iii) industrial environmental protection equipment [2] - The prefabricated steel structure subcontracting services are the cornerstone of the business, offering tailored solutions that encompass design, manufacturing, on-site installation, and quality assurance [2] Group 3: Industrial Environmental Protection Equipment - The industrial environmental protection equipment segment focuses on mechanical filtration and noise reduction systems (MFAS), which currently contribute the majority of the company's revenue [3] - The company is also developing and commercializing an advanced air pollution control (APC) product line to meet the growing demand in industrial manufacturing environments [3] Group 4: Production Capacity and Performance - The company operates advanced production facilities in Shanghai, Suzhou, and Jiangmen, which support the production of prefabricated steel structure components and industrial environmental protection equipment [4] - Capacity utilization rates for prefabricated steel structure components were 128.3%, 88.1%, 101.7%, and 158.7% for the years ending December 31, 2022, 2023, 2024, and the six months ending June 30, 2025, respectively [4] - The company has a total of 119 projects on hand as of December 9, 2025, with revenue figures for the years 2022 to 2025 showing fluctuations, with 1.903 billion, 1.453 billion, 1.523 billion, and 1.424 billion RMB respectively [5]
新股消息 美联股份通过港交所聆讯 拥有119个在手项目
Jin Rong Jie·2025-12-17 01:03