智通财经APP获悉，12月11日，荣信汇科电气股份有限公司(简称：荣信汇科)申请上交所科创板上市审 核状态变更为"已问询"，国金证券为其保荐机构，拟募资9.77亿元。 招股书显示，荣信汇科是专业从事新型电力系统核心设备研发、制造、销售及服务的技术企业，主要为 客户提供柔性输电成套装备、大功率变流器等高端装备和技术服务。 公司产品及服务广泛应用于新型电力系统"源-网-荷-储"各领域，具体包括高效发电、电力输配、油气管 网、国防科工、船舶制造、冶金化工、电能存储等重要行业和重大工程，助力构建以新能源为主体的新 型电力系统，促进世界电力高端装备的技术革新。 柔性直流输电技术是构建以新能源为主体的新型电力系统的关键技术之一，而柔性直流换流阀是柔性直 流输电系统的核心设备。荣信汇科作为柔性直流换流阀成套装备的主要供应商之一，自2020年初至本招 股说明书签署日，按中标容量统计公司市场份额超过25%，位列行业第一梯队。 报告期内，公司下游客户主要为国家电网、南方电网、新能源发电集团、国家管网等大型国央企、工矿 企业以及海外新能源发电、工矿企业等;公司主要采购电子元器件(IGBT、电容器、二极管等)、结构 件、水冷系统等原 ...

Core Viewpoint - Rongxin Huike Electric Co., Ltd. has been accepted for IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board, aiming to raise 977 million yuan for the development of advanced power system equipment and technology services [1][2]. Company Overview - Rongxin Huike specializes in the R&D, manufacturing, sales, and service of core equipment for new power systems, providing high-end equipment such as flexible transmission complete sets and high-power converters [1]. - The company's products are widely used in various sectors, including efficient power generation, power transmission and distribution, oil and gas pipelines, national defense, shipbuilding, metallurgy, and energy storage [1]. Market Position - Since early 2020, Rongxin Huike has captured over 25% of the market share in flexible DC converter equipment, ranking among the top tier in the industry [1]. - The company has participated in four out of five operational high-voltage flexible direct current projects in China since 2020, supplying over 30% of the total operational capacity of converter products [1]. International Expansion - In 2024, the company won the bid for the ±500kV flexible DC converter station project in central-western Saudi Arabia, marking its first overseas market entry for flexible DC products [2]. Fundraising and Investment Plans - The IPO proceeds, after deducting issuance costs, will be allocated to several projects, including: - R&D and industrialization of offshore wind power transmission equipment (33.746 million yuan) - R&D and industrialization of green low-carbon flexible power core equipment (23.363 million yuan) - Construction of R&D/testing center (25.586 million yuan) - Supplementing working capital (15 million yuan) [4]. Financial Performance - The company reported revenues of approximately 1.942 billion yuan in 2022, with projections of 233 million yuan in 2023, 508 million yuan in 2024, and 234 million yuan for the first half of 2025 [4]. - Net profits for the same periods were approximately 182 million yuan in 2022, -56.28 million yuan in 2023, 35.42 million yuan in 2024, and -5.37 million yuan for the first half of 2025 [4]. - The total assets increased from 1.782 billion yuan in 2022 to 2.814 billion yuan by mid-2025, while the asset-liability ratio rose from 31.91% in 2022 to 57.36% in 2025 [5].