大明电子登陆上交所主板，开启汽车车身电子高质量发展新征程

Core Viewpoint - Daming Electronics Co., Ltd. has officially listed on the Shanghai Stock Exchange, marking a new development stage for the company after over 30 years in the automotive body electronic control systems sector [1] Group 1: Strategic Placement and Market Position - The IPO attracted significant interest from various industrial capital investors, including major companies with strategic cooperation ties to Daming Electronics, enhancing the company's financial and resource capabilities [3] - Daming Electronics has established a solid market position in the automotive body electronic control systems field, with a market share of 16.29% in the driver window control assembly, showcasing its leading advantage in specific segments [3] Group 2: Financial Performance - The company has demonstrated strong growth, with revenue projected to increase from 1.713 billion to 2.727 billion yuan from 2022 to 2024, and net profit rising from 151 million to 282 million yuan during the same period [4] - In the first half of 2025, the company reported revenue of 1.297 billion yuan and net profit of 114 million yuan, indicating continued robust growth [4] Group 3: Fundraising and Capacity Expansion - Daming Electronics plans to raise approximately 400 million yuan through the IPO, primarily for the construction of a new plant and to supplement working capital, which is crucial for expanding production capacity [6][7] - The new plant project, with an investment of about 300 million yuan, aims to enhance production capabilities and optimize manufacturing processes, ultimately achieving an annual production capacity of 12.637 million sets of automotive electronic control systems [7] Group 4: Future Outlook - The company aims to leverage the ongoing growth of China's automotive industry, optimizing its production capacity and enhancing its technological capabilities to become a leading supplier of comprehensive solutions in the automotive body electronic control systems sector [8]