Core Viewpoint - Guangxin Technology (920037.BJ) has been listed on the Beijing Stock Exchange, focusing on the manufacturing of insulation products, with a strong market position in high-voltage insulation materials [1][3][7]. Company Overview - Guangxin Technology specializes in insulation fiber materials and their molded products, primarily used in power transmission and transformation systems, electrified railways, new energy industries, and military equipment [7]. - The company is one of the few in China capable of producing insulation fiber materials for ultra/high voltage levels (750kV and above) and has broken foreign technology monopolies in this field since 2009 [7]. - It is recognized as a "national-level specialized and innovative" small giant enterprise and has established several provincial research and technology platforms [7]. Financial Performance - The company reported revenues of 304 million yuan, 420 million yuan, and 578 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 14.72 million yuan, 49.4 million yuan, and 116 million yuan [8]. - Research and development expenditures were 12.06 million yuan, 15.18 million yuan, and 15.47 million yuan for the same years, representing 3.97%, 3.62%, and 2.68% of total revenues [8]. Market Position and Relationships - Guangxin Technology has established long-term partnerships with leading transformer manufacturers, becoming a core supplier of insulation materials [8]. - The company’s main raw material, unbleached sulfate needle pulp, constitutes about 60% of production costs, which may affect profitability due to limited bargaining power with major clients [9]. Fundraising and Investment Plans - The company plans to raise funds for various projects, including 130 million yuan for expanding electrical insulation new materials, 40 million yuan for R&D center construction, and 30 million yuan for working capital [6].

6月17日，有一只新股申购，为北交所的广信科技（920037.BJ）。 打新早知道 | 募集资金投资方向 | 拟投入募集资金金额 (亿元) | 日成 | | --- | --- | --- | | 电器绝缘新材料扩建项目 | 1.30 | 65.00% | | 研发中心建设项目 | 0.40 | 20.00% | | 补充流动资金 | 0.30 | 15.00% | | | 人二月為点火分子的五十字都面白板之间的主席 目前向如文庭建筑 ( | | FETA DESER 今日申购 920037.BJ 广信科技 3.0 100% 2.0 50% 1.0 0.0 0% 2021年 2022年 2023年 2024年 归母净利润(亿元) ■ 营业收入(亿元) ■ 例光理之间则用同比增长率 -- - 营收同比增长率 同时，公司还是国家级专精特新"小巨人"企业，并入选建议支持的国家级专精特新"小巨人"企业（重 点"小巨人"企业），拥有"省认定企业技术中心"、"湖南省特种纸及纸板工程技术研究中心"和"湖南省 工业设计中心"三个省级科研技术平台，并作为课题承担单位，参与"国家重点研发计划重点基础材料技 术提升与产业化重点专项 ...

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