至信股份发布招股意向书 拟募资超13亿元聚焦智能制造

Core Viewpoint - Chongqing Zhixin Industrial Co., Ltd. (referred to as "Zhixin Co."), plans to raise 1.329 billion yuan through an IPO on the Shanghai Stock Exchange, aiming to expand production capacity and enhance technology for its welding production lines, as well as to supplement working capital [1] Group 1: Company Overview - Zhixin Co. has been focused on the research, production, and sales of automotive welding parts and related molds since its establishment in 1995, creating an integrated service system of "components + molds + intelligent manufacturing" [2] - The company has become a first-tier supplier for numerous well-known automotive manufacturers, including Changan Automobile, Geely, and BYD, and has established a diverse customer ecosystem covering both traditional fuel vehicles and new energy vehicles [2] - As of June 30, 2025, Zhixin Co. holds 371 patents, including 58 invention patents, and has received multiple awards, highlighting its strong technological capabilities and industry position [2] Group 2: Financial Performance - From 2022 to 2024, Zhixin Co. achieved operating revenues of 2.091 billion yuan, 2.564 billion yuan, and 3.088 billion yuan, with net profits attributable to the parent company (after deducting non-recurring gains and losses) of 52.25 million yuan, 120 million yuan, and 185 million yuan, reflecting a compound annual growth rate of 88.02% [3] - In the first half of 2025, the company continued its robust growth, generating revenue of 1.604 billion yuan and a net profit of 87.18 million yuan [3] - The revenue from welding components used in new energy vehicles increased significantly from 25.27% in 2022 to 71.42% in the first half of 2025, becoming a key driver of the company's sustained growth [3] Group 3: IPO and Future Projects - The funds raised from the IPO will be primarily allocated to projects including the "Zhixin Industrial Production Line Renovation Project," "Ningbo Zhixin Automotive Parts Production Line Intelligent Upgrade Project," and "New Energy Vehicle Parts Welding Production Line Expansion and Technology Renovation Project," located in Chongqing, Ningbo, and Anhui [3] - These projects are expected to add an annual production capacity of 2.3999 million sets of welding parts, significantly enhancing the company's intelligent manufacturing capabilities and consolidating its market competitiveness [3]