新股消息 | 德风科技二次递表港交所 为中国第五大独立专业AIoT服务提供商

Company Overview - Defeng Technology is a developer of AI-enabled Industrial Internet of Things (AIoT) production optimization software solutions, focusing on enhancing energy efficiency, operational excellence, safety, and sustainability in China's energy, manufacturing, and mixed industries [4] - The company has completed over 500 projects, primarily serving state-owned enterprises, with around 150 clients, including leading firms in the electricity, public utilities, oil and gas, and tobacco sectors [4] - Defeng Technology has established an integrated Delt@AIoT platform that enables rapid development and large-scale deployment of AIoT applications, featuring over 300 software applications applicable across various industries and use cases [4] Financial Performance - For the fiscal year 2023, 2024, the first nine months of 2024, and the first nine months of 2025, the company reported revenues of approximately RMB 442 million, RMB 525 million, RMB 216 million, and RMB 275 million, respectively [6] - The gross profit for the same periods was approximately RMB 105 million, RMB 131 million, RMB 52 million, and RMB 70 million, with corresponding gross profit margins of 23.8%, 24.9%, 24.2%, and 25.3% [7][8] - Operating losses were recorded at RMB 8.16 million, RMB 10.64 million, RMB 35.12 million, and RMB 30.47 million for the respective periods [9] Industry Overview - The Industrial Internet of Things (IIoT) market in China is expected to grow from approximately RMB 9 trillion in 2020 to about RMB 14 trillion by 2024, and is projected to reach around RMB 20 trillion by 2029 [13] - The penetration rate of AI in the IIoT sector is anticipated to rise from about 6.1% in 2020 to approximately 7.8% in 2024, and further to around 11.0% by 2029, indicating a growing integration of AI applications in various industrial processes [16] - The AIoT market in China has seen rapid growth, expanding from approximately RMB 54.1 billion in 2020 to an estimated RMB 111.9 billion by 2024, with projections of reaching about RMB 220.9 billion by 2029 [19]