Core Viewpoint - Yousheng Co., Ltd. (603418) has been listed on the Shanghai Stock Exchange, focusing on lightweight aluminum alloy automotive components to enhance the performance of new energy vehicles and improve fuel efficiency in traditional vehicles [1][2]. Company Overview - Yousheng Co., Ltd. is a professional manufacturer that integrates design, development, production, sales, and service of aluminum alloy automotive components [2]. - The company is dedicated to the lightweight automotive parts sector, aiming to promote the range upgrade of new energy vehicles and energy-saving in fuel vehicles [2]. Shareholding Structure - Before the issuance, Shanghai Zesheng Trading Co., Ltd. held 89.76 million shares, accounting for 61.99% of the total shares [2]. - The actual controllers of the company are Luo Shibing and his spouse Jin Liyan, who together control 70.44% of the shares [2]. - After the issuance, Zesheng Trading directly holds 46.49% of the shares, remaining the controlling shareholder [2]. Fundraising Details - The total amount raised from this issuance is approximately 2.24 billion yuan, with a net amount of about 2.08 billion yuan [2]. - The raised funds will be used for the Yunnan Yousheng lightweight aluminum alloy components production base project (Phase I), with an annual production capacity of 500,000 battery trays and 200,000 sets of underbody components, as well as to supplement working capital [2].

股票简称：友升股份 股票代码：603418 上海友升铝业股份有限公司 首次公开发行股票主板上市公告书 保荐人（主承销商） （中国（上海）自由贸易试验区商城路 618 号） 二〇二五年九月二十二日 上海友升铝业股份有限公司 上市公告书 Shanghai Unison Aluminium Products Co., Ltd. （上海市青浦区沪青平公路 2058 号） 特别提示 上海友升铝业股份有限公司（以下简称"友升股份""发行人""本公司" 或"公司"）股票将于 2025 年 9 月 23 日在上海证券交易所主板上市。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新 股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 本上市公告书中若出现总数与各分项数值之和尾数不等的情况，均为四舍五 入尾差所致。 2 上海友升铝业股份有限公司 上市公告书 第一节 重要声明与提示 一、重要声明与提示 本公司及全体董事、监事、高级管理人员保证上市公告书所披露信息的真实、 准确、完整，承诺上市公告书不存在虚假记载、误导性陈述或者重大遗漏，并依 法承担法律责任。 上海证券交易所、有关政府机关对本公司股票上市及 ...

Group 1 - Shanghai Yousheng Aluminum Industry Co., Ltd. specializes in manufacturing aluminum alloy automotive components and aims to enhance the range of electric vehicles and improve fuel efficiency in gasoline vehicles, with clients including Tesla, GAC Group, and NIO [1] - The company is currently applying for an IPO, with its chairman, Luo Shibing, having previously served as the general manager of Shanghai Jiaotong University Global Communication Technology Co., Ltd. from July 2000 to June 2002, although discrepancies in the timeline have been noted [1][3] - The company reported procurement amounts for raw materials of 1.284 billion yuan, 1.459 billion yuan, and 2.042 billion yuan for the years 2022, 2023, and 2024 respectively, totaling 4.785 billion yuan over three years, while the direct material costs accounted for 1.051 billion yuan, 1.214 billion yuan, and 1.677 billion yuan, totaling 3.942 billion yuan, indicating a discrepancy of over 800 million yuan [3] Group 2 - The company’s IPO fundraising project includes the "Yunnan Yousheng Lightweight Aluminum Alloy Component Production Base Project (Phase I)," which is expected to achieve an annual production capacity of 100,000 tons of lightweight aluminum materials and generate additional revenue of 2.61 billion yuan, suggesting a low expected sales price of 26,100 yuan per ton, below the projected sales price of 44,800 yuan per ton for 2024 [5] - In 2022 and 2023, the company procured aluminum raw materials amounting to 69,300 tons and 83,100 tons respectively, while the reported inventory figures were higher than the procurement amounts, raising questions about the source of the discrepancies [7] - The average salary of the company's sales personnel in 2023 was reported at 295,400 yuan, significantly higher than comparable companies, indicating a competitive compensation mechanism for sales staff, while management and R&D personnel salaries were only slightly above industry averages [11][12]