天博智能IPO：“二代”董事长吕亚玮3年前接班，曾任职市综合执法大队

Core Viewpoint - Tianbo Intelligent Technology (Shandong) Co., Ltd. has received approval for its IPO on the Shanghai Stock Exchange, aiming to raise 2.057 billion yuan for various projects related to automotive thermal management systems and components [2]. Company Overview - Established in September 2001, Tianbo Intelligent is a well-known manufacturer of automotive thermal management system components and has expanded into automotive acoustic components [2]. - The company’s main products are primarily used in the automotive sector, with all top ten automotive groups in China as clients in 2024 [2]. Market Position - According to Frost & Sullivan, Tianbo Intelligent's core products, including automotive thermostats, intelligent water valves, temperature sensors, and AVAS, hold leading positions in the industry, with market shares ranking first, second, fourth, and second respectively in 2024 [2]. Financial Overview - The company’s revenue from 2022 to 2025 (first half) is projected to be 968 million yuan, 1.27 billion yuan, 1.693 billion yuan, and 920 million yuan respectively [3]. - Net profit attributable to the parent company for the same period is expected to be 487 million yuan, 112 million yuan, 323 million yuan, and 186 million yuan respectively [3]. - The company’s total assets as of June 2025 are reported to be approximately 2.246 billion yuan, with a debt-to-asset ratio of 23.68% for the parent company [3]. Use of IPO Proceeds - The funds raised from the IPO will be allocated to projects including the construction of intelligent thermal management components and systems, expansion and technical upgrades of the automotive thermal management system production base, the establishment of the Tianbo R&D center, and the upgrade of the information center [2]. Ownership Structure - The actual controllers of the company are Lü Xinmin and Lü Yawei, who collectively hold 46.40% of the shares [5]. - Lü Xinmin directly holds 17.79% of the shares, while Lü Yawei holds 13.05% through various investment entities [5]. Management Background - Lü Xinmin, born in 1952, has extensive experience in the automotive parts industry, having held various leadership positions since 1971 [6]. - Lü Yawei, born in 1979, has a background in administrative and investment promotion roles, serving as the chairman of the company since January 2022 [7].