WOER(SZ:002130) Zhi Tong Cai Jing·2026-02-10 03:24Core Viewpoint - Shenzhen Woer Heat-Shrinkable Material Co., Ltd. plans to set its Hong Kong listing price at HKD 20.09 per share, which is the upper limit of the previously established price range [1] Group 1: Company Overview - Woer Heat-Shrinkable Material was established in 1998 and listed on the Shenzhen Stock Exchange in 2007 [1] - The company is one of the largest manufacturers of heat-shrinkable materials and communication cable products globally [1] - Main business segments include electronic communication, power transmission, and other operations [1] Group 2: Market Position - According to Frost & Sullivan, the company ranks first in the global heat-shrinkable materials industry, holding a 20.6% market share based on projected global revenue for 2024 [1] - The company ranks third among global telecommunications cable manufacturers, with a 12.7% market share based on projected global revenue for 2024 [1] Group 3: Financial Performance - For the fiscal years 2022, 2023, 2024, and the nine months ending September 30, 2025, the company reported revenues of approximately CNY 5.337 billion, CNY 5.719 billion, CNY 6.92 billion, and CNY 6.077 billion respectively [1] - Corresponding net profits for the same periods were approximately CNY 660 million, CNY 758 million, CNY 921 million, and CNY 883 million [1]