2家设备企业冲刺IPO！

Core Viewpoint - The lithium battery industry is entering a new cycle, with a significant recovery in the equipment sector driven by domestic expansion, overseas market growth, and the acceleration of solid-state battery industrialization, leading to a surge in domestic lithium battery equipment orders and heightened capital market expectations [2]. Company Summaries Zhongding Intelligent Technology Co., Ltd. - Zhongding Intelligent has initiated its IPO process again, reflecting its expansion ambitions and the vitality of the lithium battery equipment industry under supportive policies and market demand [2]. - The company, established in 2009 and acquired by A-share listed company Nuoli Co., Ltd. in 2016, focuses on intelligent logistics systems and has a market share of 22.1% in the lithium-ion battery sector, serving major clients like CATL and BYD [3]. - Revenue is projected to grow from CNY 1.643 billion to CNY 1.798 billion from 2022 to 2024, with net profit increasing from CNY 70.577 million to CNY 88.626 million, driven by a consistent revenue contribution of over 75% from new energy clients [3]. Shenzhen Zhongji Automation Co., Ltd. - Shenzhen Zhongji has completed its IPO counseling registration and focuses on the research, design, production, and sales of lithium battery automation production equipment, with core products covering various battery types [4][5]. - The company has shown fluctuating growth, with revenues of CNY 644 million, CNY 853 million, and CNY 754 million from 2022 to 2024, and net profits of CNY 14.9717 million, CNY 35.5536 million, and CNY 28.8805 million during the same period [6]. - In the first half of 2025, the company faced significant revenue decline of 57.33% year-on-year, but improved its gross margin from 20.18% to 24.81%, indicating enhanced product profitability [6]. Industry Outlook - The lithium battery logistics equipment market is expected to expand significantly, with a projected global market size exceeding CNY 800 billion by 2030, benefiting companies with global operations [4]. - The demand for cylindrical batteries is increasing, particularly in two-wheeled vehicles, with the potential for upstream equipment manufacturers to gain new opportunities as large cylindrical battery applications grow [7].