Core Viewpoint - The article highlights the rapid growth and innovation in China's new materials industry, particularly in the context of the Future Industries New Materials Expo 2026, showcasing advancements in various sectors including energy storage and automotive applications [5][8]. Company Overview - Nanbaichuan officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market on December 23, with an initial public offering of 27.92 million shares at a price of 22.63 yuan per share. The stock opened at 60.00 yuan, peaking at 180 yuan, and closed at 115 yuan, reflecting a 408% increase [1]. - Established in 2007, Nanbaichuan focuses on thermal management products for electric vehicle batteries, fuel vehicle power systems, and energy storage batteries, with key products including battery liquid cooling plates and engine radiators [1][2]. Financial Performance - Revenue is projected to grow from 1.031 billion yuan in 2022 to 1.437 billion yuan in 2024, with Q1 2025 revenue reported at 337 million yuan [1][2]. - R&D expenses are expected to increase from 34.07 million yuan in 2022 to 54.11 million yuan in 2024, indicating a commitment to innovation [2]. Technological Advancements - As of Q1 2025, Nanbaichuan has secured 203 authorized patents, including 20 invention patents and 183 utility model patents, forming a core technology system that encompasses temperature control, lightweight technology, and quality control optimization [2]. - The company has established a comprehensive customer base, collaborating with major automotive manufacturers such as NIO, Xpeng, and Toyota, and has adapted products for over 200 vehicle models [2]. Market Position - Nanbaichuan has successfully entered the supply chains of leading energy storage companies like CATL and Sungrow, with revenue from the energy storage sector projected to account for 23.96% in 2024 [2].
一度涨近700%！22元变180元！宁德时代、“蔚小理”供应商，上市
DT新材料·2025-12-23 16:05