刚刚，海南又一个IPO！创二代女掌门豪赌光伏，年入100亿，全球第一

Core Viewpoint - The article highlights the transformation of JunDa Co., Ltd. from an automotive interior manufacturer to a player in the photovoltaic industry under the leadership of Lu Xiaohong, showcasing the company's successful IPO and strategic acquisitions in the renewable energy sector [2][3][5]. Group 1: Company Transformation - JunDa Co., Ltd. transitioned from producing automotive parts to focusing on photovoltaic products, achieving a market capitalization increase from approximately 4 billion to 43.4 billion RMB [2][3][21]. - The company successfully listed on the Hong Kong Stock Exchange on May 8, with an IPO price of HKD 22.15 per share, reaching a market value of HKD 66.12 billion [3]. - The company became the first in the domestic photovoltaic sector to achieve an "A+H" share listing, marking a significant milestone in capital operations within the industry [3][5]. Group 2: Financial Performance - In 2022, JunDa Co., Ltd. reported a revenue of 11.595 billion RMB, a year-on-year increase of 304.95%, with net profit exceeding 700 million RMB [20]. - The company's market value peaked at 43.4 billion RMB by the end of 2022, reflecting a substantial growth of nearly 400 billion RMB compared to its pre-acquisition valuation [21]. - The company’s revenue for 2023 was 18.611 billion RMB, but it faced a decline in 2024, with a projected revenue of 9.924 billion RMB and a net loss of 591 million RMB [31]. Group 3: Strategic Acquisitions - Under Lu Xiaohong's leadership, the company acquired a 51% stake in Jietai Technology for 1.434 billion RMB, marking its entry into the photovoltaic sector [15]. - The company further acquired the remaining 49% of Jietai Technology for 1.519 billion RMB, achieving full control over the photovoltaic business [16]. - JunDa Co., Ltd. also invested 150 million RMB in Hongye New Energy, increasing its stake to 60% through strategic partnerships [17]. Group 4: Market Position and Future Plans - JunDa Co., Ltd. holds a 24.7% market share in the N-type TOPCon battery segment, ranking first among specialized manufacturers [29]. - The company plans to expand its overseas production capacity, with a project in Oman to establish 5 GW of high-efficiency battery capacity by the end of 2025 [33]. - The company aims to enhance its overseas market presence, with international revenue rising from 4.7% in 2023 to 23.9% in 2024, and further to 58.1% in Q1 2025 [33].