Financial Performance - In 2024, the company's total revenue was ¥460,310,746.80, with a net profit attributable to shareholders of ¥69,420,729.62 [1] - Revenue and net profit decreased by 23.76% and 47.02% year-on-year, respectively, primarily due to complex international political and economic conditions, increased domestic economic pressure, and intensified competition in the domestic waste incineration power generation industry [2][3] Market Impact and Strategy - The company exports primarily to Asia and Europe, with limited revenue from the U.S., indicating that the U.S.-China trade war has a minimal impact on overall income and profit [1] - To mitigate risks from market fluctuations and policy adjustments in the waste incineration power generation sector, the company plans to enhance R&D efforts, expand product types, and develop new customer bases while maintaining existing ones [2][3] International Expansion - The construction and equipment procurement for the Vietnam factory are progressing as planned, with production expected to commence in 2025, which will enhance overseas production capacity and customer development [4] - The Vietnam factory is anticipated to serve as a demonstration base for overseas production, improving the company's ability to serve global clients [4] Future Growth Drivers - Future profit growth will be driven by continuous R&D around core welding technologies, expanding product applications, and entering new markets [5] - The company aims to extend its product range into industrial equipment manufacturing, high-end structural components, and other large-scale equipment manufacturing [5] Industry Outlook - The industrial anti-corrosion and wear-resistant market is expected to grow, driven by both incremental and existing project demands, with increasing competition in the sector [6][7] - The industry is crucial for energy conservation and the development of a circular economy, with significant potential for technological advancements and cost-effective solutions [6][7]

本次发行股票拟在创业板上市，创业板公司具有创新投入大、新旧产业融合存在不 确定性、尚处于成长期、经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解创业板的投资风险及本公司所披露的风险因素，审慎 作出投资决定。 广东博盈特焊技术股份有限公司 Pourin Special Welding Technology Co., Ltd. （广东省江门市鹤山市共和镇共盈路 8 号） 首次公开发行股票并在创业板上市 招股说明书 保荐人（主承销商） （北京市朝阳区安立路 66 号 4 号楼） 1-1-1 创业板投资风险提示 声明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对发 行人注册申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表 明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保 证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》规定，股票依法发行后，发行人经营与收益的变化，由发 行人自行负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行 承担股票依法发行后因发行人经营与收益变化或者股票价格变动引致的投资风 险。 1-1-2 ...