先进电子陶瓷材料和零部件行业正处于通信、AI及数据中心、消费电子、汽车电子、 半导体制造及封 装、新能源、智能工业控制等国民经济关键领域升级共振带来的高景气阶段。 值此之际，来自广东潮州的电子陶瓷龙头——三环集团（300408）也开启了自己的"A+H"上市之路。 12月5日，潮州三环(集团)股份有限公司(以下简称"三环集团")向港交所递交上市申请，拟香港主板挂牌 上市，独家保荐人为中国银河（601881）国际。该公司于2014年12月3日在深交所上市，截至12月10收 盘，其股价为45元，总市值为862.42亿元。一旦其在港股上市，三环集团将形成"A+H"格局。 多元化的业务版图下，三环集团的基本面也比较扎实，不仅年营收规模超70亿元，同期利润规模也超20 亿元。 据招股书披露， 2022年至2024年，该公司实现营收分别为50.89亿元、56.82亿元、72.66亿元，逐年增 长;实现期内利润则分别为15.06亿元、15.83亿元、21.9亿元，亦实现了不断增长。 截止2025年前三季度，营收达到64.21亿元，同比增长20.67%;期内利润为19.58亿元，同比增长22.09%。 除了营收和利润规模稳定增 ...

Core Viewpoint - SanHuan Group is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and financing channels, with specific details yet to be determined [1] Group 1: Company Overview - SanHuan Group was established in 1970 and is a leading electronic components and advanced materials industry base in China [1] - The company has a total market capitalization exceeding 99 billion yuan since its listing on the Shenzhen Stock Exchange in December 2014 [1] - SanHuan Group has developed a diverse product structure, including mobile terminal ceramic components, optical communication ceramic components, alumina/nitride ceramic substrates, ceramic packaging bases, MLCCs, fuel cell electrolyte membranes, terminal blocks, traditional resistors, and ceramic substrates for resistors [1] Group 2: Financial Performance - For the first three quarters of 2023, SanHuan Group reported a revenue of 6.508 billion yuan, representing a year-on-year growth of 20.96% [2] - The net profit attributable to shareholders of the listed company was 1.959 billion yuan, reflecting a year-on-year increase of 22.16% [2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.706 billion yuan, with an 18.74% year-on-year growth [2] - The basic earnings per share stood at 1.02 yuan [2]

Group 1 - The core point of the article is that SanHuan Group is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy and financing channels [1] - The company aims to support overseas project construction and strengthen its core competitiveness through this move [1] - As of the announcement date, specific details regarding the H-share issuance and listing are still under discussion [1] Group 2 - SanHuan Group, established in 1970, is a leading electronic components and advanced materials industry base in China [5] - Since its listing on the Shenzhen Stock Exchange in December 2014, the company's total market capitalization has exceeded 99 billion yuan [5] - The company has developed a diverse product structure, including mobile terminal ceramic components, optical communication ceramic components, and multilayer ceramic capacitors (MLCC) [5] - SanHuan Group has established a wide sales network domestically and internationally, providing satisfactory products and convenient services to customers [5] Group 3 - According to the Q3 2025 report, the company's revenue for the first three quarters was 6.508 billion yuan, representing a year-on-year increase of 20.96% [6] - The net profit attributable to shareholders was 1.959 billion yuan, up 22.16% year-on-year [6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 1.706 billion yuan, reflecting an 18.74% year-on-year growth [6] - The basic earnings per share were 1.02 yuan [6]