Company Overview - Yikun Electric, founded in 1993 and restructured into a joint-stock company in 2018, specializes in over-voltage protection and online monitoring equipment for rail transit and power grid industries [1] - The company is recognized as a national "specialized, refined, distinctive, and innovative" small giant enterprise and is included in the Ministry of Industry and Information Technology's list of key small giants [1][4] - Yikun Electric's main products include lightning arresters, insulators, fuses, and online monitoring devices, with a strong presence in the high-speed train market [1][4] Financial Performance - Projected revenues for Yikun Electric from 2022 to 2024 are 238 million, 284 million, and 339 million yuan, respectively, with net profits of 17.85 million, 41.76 million, and 54.39 million yuan, indicating a steady growth trend [3] - The growth is attributed to increased demand in the domestic rail transit market, improved gross margins from overseas collaborations, successful new product launches, and reduced raw material costs [3] Industry Context - The Chinese government has been implementing policies to support the development of rail transit and power systems, creating significant opportunities for companies like Yikun Electric [5] - The industry is undergoing a transformation towards clean energy, low carbon efficiency, and intelligent upgrades, which aligns with Yikun Electric's strategic focus [2][5] Technological Advancements - Yikun Electric has developed a complete R&D and production system, mastering key technologies in materials, structures, and manufacturing processes [4] - The company has established a full-process quality control system and has received multiple quality honors, enhancing its competitive edge in the market [4] Future Outlook - Yikun Electric aims to leverage its technological advantages and market position to capitalize on the current policy dividends and expand its production scale [5] - The ongoing IPO inquiry phase is expected to provide broader opportunities for the company's future growth and further solidify its industry leadership [5]

余燕坤，1948年10月生，中国国籍，无境外永久居留权，大专学历。1974年1月至1994年1月，历任平阳县压力容器制造厂副厂长、厂长；1994年1月至今， 历任公司总经理、董事长。现任公司董事长。 余明宣，1972年11月生，中国国籍，无境外永久居留权，硕士研究生。2001年9月至2003年9月，任温州奥通贸易有限公司总裁；2003年9月至今，历任公司 副总经理、总经理、董事。现任公司董事兼总经理。 | 序号 | I | | --- | --- | | 姓名 | 余盛坤 | | 国家或地区 | 中王 | | 准别 | 男 | | 年龄 | 73 | | 是否拥有境外居留权 | 否 | | 学历 | 会材 | | 任职情况 | 革事长 | | | 1969年6月至1973年12月,任黑龙江梧桐河农场分场食 | | 职业经历 | 堂管理员、小学校长:1974年1月至1994年1月,历任平 | | | 阳县压力容器制造厂副厂长、厂长:1994年1月至今,历 | | | 任公司总经理、董事长 | | 1978 | 合 | | 序号 | 2 | | 姓名 | 余明宣 | | 国家或地区 | 中国 | | 性别 | 品 ...

Company Overview - Yikun Electric Co., Ltd. (益坤电气) is planning to list on the Beijing Stock Exchange after completing the IPO guidance report filing with the Zhejiang Securities Regulatory Bureau [2] - The company was established in December 1993 and specializes in manufacturing over-voltage protection devices and online monitoring systems for the rail transit and power grid industries [2] Financial Performance - In 2024, Yikun Electric achieved a revenue of 339 million yuan, representing a year-on-year growth of 19.33% [3] - The net profit attributable to shareholders was 54.39 million yuan, an increase of 30.26% compared to the previous year [3] - The gross profit margin improved to 33.71% from 32.57% in the previous year [3] - Basic earnings per share rose to 0.75 yuan, up 31.58% from 0.57 yuan [3] Shareholding Structure - The actual controllers of the company are Yu Yankun, Yu Mingxuan, and Yu Minyuan, who collectively control 54.63% of the shares [4] - Yu Mingxuan holds 21.84% directly and controls an additional 10.93% through partnerships [4] Management Team - Yu Yankun serves as the Chairman, Yu Mingxuan as the General Manager, and Yu Minyuan as a Director [5] - The management team has extensive experience, with Yu Yankun having held various leadership roles since 1994 [6]