新能源业务占比约74%。 《投资者网》张伟 近日，新能源电池热失控防护解决方案供应商——固德电材系统（苏州）股份有限公司（下称"固德电材"或"公司"）在深交所官网披露了对上 市（IPO）审核问询函的回复文件，引发关注。 据悉，目前主流电池厂商对于电池热失控防护方案的选择，大致分为云母材料、气凝胶毡两种技术路线。在云母材料领域，固德电材的竞争对 手只有浙江荣泰（603119.SH）。固德电材的市场份额为15%-20%之间，仅次于浙江荣泰。 2018年5月，在新三板挂牌两年多固德电材，全资收购了丰罗集团旗下的热绝缘材料制造工厂（麦卡电工）。收购完成后，固德电材将麦卡电 工的云母纸、云母板、云母带、定制3D云母等产品整合到公司的绝缘材料业务，实现从生产传统电气绝缘产品向新能源汽车动力电池热失控 防护产品转型。 财报显示，浙江荣泰2024年的营收、净利润分别为11.35亿元、2.3亿元。同期固德电材的营收、净利润分别为9.08亿元、1.72亿元。固德电材未 来能否通过上市增强公司业绩并提升行业地位，还有待观察。 挂牌新三板后押注新能源 公开资料显示，国内主营新能源电池热失控防护产品的公司大多从绝缘材料转行而来。固德电 ...

Core Viewpoint - Gude Electric Materials has received approval for its IPO on the ChiNext board, focusing on the development and production of thermal runaway protection components for electric vehicle batteries and high-performance insulation products [3] Company Overview - Gude Electric Materials was established in 2008 and specializes in thermal runaway protection solutions for electric vehicle batteries and electrical insulation products [3] - The company has become a first-tier supplier for several global automotive manufacturers and battery producers, establishing long-term partnerships with industry leaders such as General Motors, Ford, Stellantis, BMW, and CATL [3] IPO Details - The company plans to raise 1.176 billion yuan through its IPO, with allocations including 619 million yuan for the production of 725 million sets of thermal runaway protection components and R&D projects, 257 million yuan for the construction of a production base, and 300 million yuan for working capital [4] Financial Performance - The company’s total assets are projected to grow from 564.53 million yuan in 2022 to 1,083.17 million yuan in 2024, with net profit increasing from 64.23 million yuan to 166.01 million yuan over the same period [5] - The revenue is expected to rise from 475.10 million yuan in 2022 to 908.00 million yuan in 2024, indicating a strong growth trajectory [5] - The company’s return on equity is projected to increase from 22.58% in 2022 to 31.57% in 2024, reflecting improved profitability [5] Shareholding Structure - The controlling shareholder and actual controller of the company is Zhu Guolai, who holds 46.76% of the shares and controls a total of 60.55% of the voting rights through various entities [7] - Zhu Guolai has a significant role in the company's decision-making processes, serving as both the chairman and general manager [7]

Core Viewpoint - Gude Electric Materials has initiated its IPO on the ChiNext board, focusing on the development and production of thermal runaway protection components for electric vehicle batteries and high-performance insulation products [3] Company Overview - Gude Electric Materials was established in 2008 and specializes in thermal runaway protection solutions for electric vehicle batteries and electrical insulation products [3] - The company has become a first-tier supplier for several global automotive manufacturers and battery producers, including General Motors, Ford, Stellantis, BMW, and CATL [3] IPO Details - The company aims to raise 1.176 billion yuan through its IPO, with 619 million yuan allocated for the production of 725,000 sets of thermal runaway protection components and R&D projects [4] - Additional funds include 257 million yuan for the construction of a production base for thermal runaway protection materials and 300 million yuan for working capital [4] Financial Performance - From 2022 to 2024, the company's revenue is projected to grow from 475 million yuan to 908 million yuan, with net profit increasing from 64 million yuan to 172 million yuan [5] - For Q1 2025, the company reported a revenue of 240 million yuan, a year-on-year increase of 35.46%, and a net profit of 48 million yuan, up 57.21% year-on-year [6] Sales and Market Presence - The company's foreign sales revenue has shown significant growth, with proportions of 15.50%, 28.82%, and 44.29% of total revenue over the past three years [6] - The company primarily conducts foreign sales in US dollars, indicating a strong international market presence [6]