Sou Hu Cai Jing·2026-02-27 11:41Core Viewpoint - Guangdong Zhensheng Energy Technology Group Co., Ltd. has submitted an application for public stock issuance to unspecified qualified investors and plans to list on the Beijing Stock Exchange, with Guolian Minsheng Securities as the sponsor [1]. Company Overview - Zhensheng Energy is a technology-driven digital and intelligent distributed green energy carbon service provider, focusing on creating a closed energy ecosystem that includes distributed green energy development, smart microgrids, intelligent operation and maintenance, and virtual power plants [4]. - The company serves well-known enterprises in the industrial sector, covering 21 provinces in China, and includes 9 Fortune Global 500 companies and 33 A-share listed companies among its clients [4]. - Zhensheng Energy facilitates the green and low-carbon transformation of high-energy-consuming industries such as construction materials, automotive manufacturing, electrical equipment, furniture, ceramics, and food and beverage [4]. Financial Performance - In 2023, Zhensheng Energy achieved a revenue of 524 million yuan, which increased to 661 million yuan in 2024, and reported 123 million yuan for the first four months of 2025 [5]. - The net profit attributable to the parent company was 39.81 million yuan in 2023, rising to 79.03 million yuan in 2024, with 19.66 million yuan reported for the first four months of 2025 [5]. - Key financial metrics for 2025 (January-April) include a revenue of 122.72 million yuan and a net profit of 20.70 million yuan, with a gross margin of 39.65% [6]. - The company has invested 5.01 million yuan in R&D for the first four months of 2025, representing 4.08% of its revenue [6].