Core Viewpoint - HanGao Group has officially launched its A-share IPO application, aiming to issue 40.01 million shares at a price of 15.43 yuan per share, reflecting its strong market position and growth potential in the home hardware industry [1] Group 1: Company Achievements and Innovations - After over 20 years of development, HanGao Group has established itself as a leader in China's home hardware industry, earning numerous accolades such as "Demonstration Enterprise for High-Quality Development in China's Home Industry" and "Top 10 in China's Home Hardware Manufacturing Industry" [1] - The company has invested heavily in R&D, holding over 1,100 domestic and international patents, and has developed several core technologies that enhance its production processes [1] Group 2: Market Presence and Sales Channels - HanGao Group's products are sold through various channels, including offline distributors, direct sales, e-commerce, and cloud commerce, reaching over 90 countries and regions, including the Netherlands, Canada, Germany, and Saudi Arabia [2] - The company has successfully integrated into the supply chains of major home furnishing enterprises and established partnerships with well-known brands in the kitchen cabinet industry [2] Group 3: Strategic Growth and Financial Performance - The successful IPO is attributed to HanGao Group's forward-looking strategic layout, which has created multi-dimensional core advantages and a strong growth engine [3] - The company has diversified its product lines beyond functional hardware to include storage hardware, basic hardware, kitchen and bathroom hardware, and outdoor furniture, effectively mitigating market volatility risks [3] - From 2022 to 2024, HanGao Group's revenue is projected to grow from 1.62 billion yuan to 2.86 billion yuan, with a compound annual growth rate of 32.78%, while net profit is expected to rise from 199 million yuan to 520 million yuan, with a remarkable compound annual growth rate of 61.83% [3] Group 4: Future Prospects and Funding Utilization - The funds raised from the IPO will be allocated to the construction of an automated manufacturing base for smart home hardware, a research and development center, and information technology projects [4] - The ongoing rapid development of China's macro economy and rising disposable income are driving demand for improved home living environments, which is expected to further boost the home hardware industry [4]