智通财经网·2026-01-12 07:35Core Viewpoint - The company, Huichuan Technology, is considering a secondary listing in Hong Kong, with preliminary discussions on the scale and timing of the IPO ongoing [1]. Group 1: Company Overview - Huichuan Technology is a leading player in the industrial automation sector, with core business covering four major segments: general automation, new energy vehicles, smart elevators, and rail transit [1][2]. - In the general automation segment, key products include frequency converters, servo systems, PLC/HMI, high-performance motors, sensors, machine vision, and industrial robots [1]. - The company holds significant market shares in China, with 28% in the servo system sector, 18.6% in the medium and low-frequency transformer market, and 27% in SCARA robot sales, all ranking first in the country [1]. Group 2: Financial Performance - For the period from January to September 2025, Huichuan Technology reported revenue of 31.663 billion yuan, representing a year-on-year growth of 24.67% [2]. - The net profit attributable to shareholders reached 4.254 billion yuan, with a year-on-year increase of 26.84% [2]. - The company's net profit excluding non-recurring items was 3.888 billion yuan, reflecting a year-on-year growth of 24.03%, indicating overall positive performance in profitability metrics [2].