Core Viewpoint - Xihua Technology has received approval from the China Securities Regulatory Commission for its IPO, highlighting its rapid growth in the wind power industry and its role in global energy transition [1] Group 1: Business Model and Competitive Advantage - Xihua Technology has established a comprehensive service model that spans from raw material manufacturing to finished product processing, significantly enhancing procurement efficiency and supply chain management [1] - The company's full-process service capability is a key factor in its market positioning, allowing it to reduce costs and improve quality control, which is crucial in the context of increasing demand for large-scale wind power equipment [1] Group 2: Technological Innovation and Partnerships - The company focuses on R&D, particularly in thick-section ductile iron technology, achieving high strength, plasticity, precision, and reliability in its products, with core technical indicators meeting or exceeding industry standards [2] - Xihua Technology has established long-term partnerships with leading companies in the wind power gearbox sector and actively seeks to expand its customer base, enhancing its market presence [2] Group 3: Financial Performance and Future Outlook - In the first half of 2025, Xihua Technology reported a revenue increase of 36.67% to 580 million yuan, with a net profit growth of 55.67% to 94.29 million yuan [3] - The company anticipates continued revenue growth in the third quarter of 2025, projecting revenues between 859 million and 869 million yuan, with net profits expected to rise by 44.03% to 50.52% [3] - Looking ahead, Xihua Technology aims to focus on high-end equipment components, leveraging technological innovation and capacity expansion to enhance its competitive edge in the renewable energy sector [3]

本报讯(记者李亚男)8月29日，上海证券交易所网站发布的公告显示，上海证券交易所上市审核委员会 将于2025年9月5日召开2025年第33次上市审核委员会审议会议，届时将审议江苏锡华新能源科技股份有 限公司(以下简称"锡华科技")的首发上市申请。 公开资料显示，锡华科技主要从事大型高端装备专用部件的研发、制造与销售，产品结构以风电齿轮箱 专用部件为主、注塑机厚大专用部件为辅，是全球行业领先、质量可靠、技术卓越的大型高端装备专用 部件制造商。 成立二十余年来，锡华科技始终将技术创新作为发展核心，并且已逐步建立起自身研发体系，截至8月 26日，公司已获得授权专利108项，其中发明专利22项；公司自主研发的应用于1MW至22MW功率风机 的风电齿轮箱专用部件，已在行业内形成大兆瓦产品的领先优势，且公司已成长为国内少数可提供风电 齿轮箱专用部件全工序服务的企业，稀缺性明显。 近年来，锡华科技整体盈利水平稳健且保持在较高水平，自2024年二季度起，行业需求复苏叠加公司大 兆瓦产品供应能力提升，推动公司2024年下半年整体营业收入与扣非净利润大幅回升。数据显示，2025 年1月份至6月份，公司营业收入5.80亿元，同比增 ...