新股消息 | 兆威机电通过港交所聆讯 为中国最大的一体化微型传动与驱动系统产品提供商

Core Viewpoint - Zhaowei Electromechanical is the largest provider of integrated micro drive and drive system products in China and the fourth largest globally, with market shares of 3.9% and 1.4% respectively according to Frost & Sullivan [4] Company Overview - Zhaowei Electromechanical offers micro drive and drive systems, precision components, and customized molds based on specific customer needs [4] - The micro drive and drive systems are highly integrated systems that typically include a drive system, micro motor system, and/or electronic control system, which together convert and transmit power to actuators for key functions such as power transmission, control, speed change, and steering [4] - The company's clients span multiple industries, including automotive, industrial, consumer electronics, medical devices, and telecommunications [4] Product Offerings - The company has launched three major platform-based proprietary product lines: high-performance servo motor series, roller motors, and dexterous hands [4] - The high-performance servo motor series is noted for its strong output capability, dynamic performance, and efficiency, suitable for various applications including high-end consumer technology products [4] Production Capacity - Zhaowei Electromechanical has established production bases in Shenzhen, Dongguan, and Suzhou, with utilization rates for the Shenzhen base at 82.2%, 80.4%, 80.8%, and 81.0% for the years 2022, 2023, 2024, and the first nine months of 2025 respectively [7] - The Dongguan base's utilization rates were 83.9%, 77.5%, 81.4%, and 85.3% for the same periods [7] - The company is set to utilize part of the facilities at the newly established Suzhou production base by mid-2025 [7] Market Growth - The integrated micro drive and drive system market in China has grown from RMB 20.3 billion in 2020 to RMB 33.2 billion in 2024, with a compound annual growth rate (CAGR) of 13% [7] - The market is projected to reach RMB 72.6 billion by 2029, with the CAGR from 2025 to 2029 expected to increase to 17.3% driven by industrial upgrades and technological advancements [7] Financial Performance - The company's revenue for the years 2022, 2023, 2024, and the first nine months of 2024 and 2025 were approximately RMB 1.15 billion, RMB 1.20 billion, RMB 1.52 billion, RMB 1.06 billion, and RMB 1.26 billion respectively [8] - The net profit for the same periods was approximately RMB 150 million, RMB 180 million, RMB 225 million, RMB 159 million, and RMB 182 million respectively [8]