双林股份（300100）已向香港交易所主板提交上市申请，中信证券和广发证券为其联席保荐人。 公司是全球领先的传动驱动智能零部件制造商，产品包括传动组件、新能源驱动系统、轮毂轴承零部件 以及内外饰。 根据弗若斯特沙利文的数据，按2024年收入计，双林股份是全球第二大、中国最大的汽车座椅HDM供 应商，市场占有率分别为15.1%和32.8%。该公司也是全球第九大、中国第三大轮毂轴承供应商，市场 占有率分别为2.2%和6.9%。 双林股份还是全球最大的小型新能源汽车电驱动制造商，全球及中国的市场占有率分别为6.4%和 9.5%。公司已将其产品组合延伸至人形机器人传动驱动系统的关键零部件及低空经济领域。 ...

Group 1: Company Performance and Financials - In 2024, the company achieved a revenue of 2,159.14 million CNY, with a gross margin of 28.80%, remaining stable compared to 2023 [8] - The net profit attributable to shareholders for 2024 was 119.68 million CNY, reflecting a decline due to the absence of performance compensation recognized in 2023 [17] - As of Q1 2025, the company reported a revenue of 469 million CNY, a year-on-year increase of 20.66%, although it still faced a net loss of 17.50 million CNY [15] Group 2: Market Strategy and Business Development - The company has diversified into six business segments, including precision metal components, power, precision plastics, thermal management, intelligent manufacturing services, and electronic manufacturing, to mitigate geopolitical risks [2][13] - The company is focusing on expanding its domestic market presence, with domestic customer revenue increasing year-on-year [2][13] - Future growth areas include new energy, new consumption, and new infrastructure, with plans to enhance product solutions in these fields [12] Group 3: Customer Relationships and Confidentiality - The company collaborates with numerous well-known domestic and international clients, but specific customer details are kept confidential due to contractual obligations [3][4] - Long-term partnerships involve various stages of cooperation, including technical consulting and product development [3][4] Group 4: Industry Trends and Innovations - The MIM (Metal Injection Molding) industry is expected to grow, with the company investing in R&D, which has increased from 7.21% to 8.25% of revenue from 2021 to 2024 [9] - The company is positioned to leverage advancements in new materials and technologies to enhance its competitive edge in the market [21] Group 5: Risk Management and Investor Communication - The company emphasizes the importance of monitoring external economic conditions and adjusting strategies accordingly to manage risks [12][19] - Investors are advised to remain cautious and make informed decisions, as stock price fluctuations are influenced by various internal and external factors [5][16]