Company Overview - Yuan Chuang Technology Co., Ltd. is applying for listing on the Shenzhen Main Board, with Guotai Junan Securities as the sponsor [1] - The company specializes in the design, research, production, and operation of various specifications of rubber tracks and rubber track plates for agricultural and engineering machinery [1] - Yuan Chuang has established solid business relationships with well-known domestic and international manufacturers, covering sales in Asia, Europe, North America, Oceania, South America, and Africa [1] Financial Performance - The company's revenue shows a growth trend, with revenues of 1.26 billion yuan, 1.14 billion yuan, and 1.35 billion yuan for the years 2022 to 2024 respectively [1] - The net profit before and after deducting non-recurring gains and losses for the same years is 137 million yuan, 176 million yuan, and 150 million yuan respectively [1][2] Market Position - Yuan Chuang holds the number one market share in the domestic market according to the latest QYResearch report [2] - The company has a competitive edge in the global rubber track market due to its technology, product quality, and service level [2] Industry Trends - The rubber industry in China is expected to see significant growth, with sales revenue projected to reach 521.15 billion yuan by 2024 [3] - The industry is focusing on structural adjustments, technological innovation, and green development to enhance product quality and competitiveness [3] Standards and Innovations - Yuan Chuang has participated in the formulation of national standards for the rubber track industry, demonstrating its leadership and understanding of industry trends [4] - The company plans to use the funds raised from the public offering for production base construction, technology center development, and working capital [4] Strategic Goals - Yuan Chuang aims to maintain its first-mover advantage, expand market size, and enhance product research and innovation [4] - The company is committed to adapting its products to meet diverse customer needs and aligning with trends in intelligent, green, and international manufacturing [4]