Company Overview - Aifenda (301575) is a high-tech enterprise specializing in the research, design, production, and sales of HVAC products, with a focus on enhancing home quality and living environments [1] - The company has been in the industry for 20 years and has established itself as a global leader in the bathroom towel rack segment, with an annual production capacity exceeding 2 million sets [1] Research and Development - Aifenda views R&D innovation as the lifeline of its development, with R&D investments of 25.27 million yuan, 29.31 million yuan, and 33.34 million yuan for 2022, 2023, and 2024 respectively, reflecting a compound annual growth rate of 14.88% [2] - The company has accumulated 736 authorized national patents by the end of 2024, including 87 invention patents, applied in key areas such as heating technology and smart control [2] Market Position and Strategy - Aifenda has a strong presence in the European market, with 90% of its revenue coming from exports, maintaining long-term relationships with notable European wholesalers and retailers [3] - In the domestic market, the company is expanding its presence through online platforms like Tmall and JD, as well as strategic partnerships with real estate companies, aiming to capture the growing demand for bathroom towel racks [3] Fundraising and Future Plans - The funds raised from the IPO will be used for upgrading automation production lines and constructing new production lines, as well as supplementing working capital, all aimed at enhancing production scale and core competitiveness [4]

Core Viewpoint - Aifenda has officially launched its IPO process, planning to issue up to 21.67 million shares, with a focus on its leading position in the bathroom towel rack segment and strong growth in revenue and profit over the past five years [1] Group 1: Company Overview - Aifenda is a high-tech enterprise specializing in the R&D, design, production, and sales of HVAC products, with 20 years of industry experience [1] - The company has achieved a compound annual growth rate (CAGR) of 12.15% in revenue and 28.56% in net profit over the past five years [1] Group 2: R&D and Innovation - Aifenda views R&D innovation as essential for its development, with R&D investments growing at a CAGR of 14.88%, reaching 33.34 million yuan [2] - The company has obtained a total of 736 national patents, including 87 invention patents, focusing on key areas such as heating technology and smart control [2] - Aifenda's smart electric towel racks now feature smart networking, precise temperature control, voice control, and remote control via an app, enhancing user experience [2] Group 3: Market Expansion - Aifenda has successfully expanded its global market presence, exporting products to over 60 countries and regions by 2025 [4] - The company has established long-term partnerships with well-known European wholesalers and retailers in the bathroom and HVAC sectors [4] - Aifenda is actively participating in the "Belt and Road" initiative, providing smart bathroom solutions for projects in Central Asia and expanding into South America [4] Group 4: Domestic Market Strategy - Aifenda is leveraging e-commerce platforms and strategic partnerships with real estate companies to penetrate the domestic market [5] - The company plans to enhance its marketing strategy by combining online and offline sales channels, focusing on regions with high demand for heating products [5] - Future efforts will include increasing brand influence through social media and partnerships with mid-to-high-end hotels [5]