Core Viewpoint - The company, Xinlei Compressor Co., Ltd., is accelerating its transition towards a green low-carbon industrial ecosystem, focusing on three core strategies: "hardcore, inclusive, and symbiotic" [1] Group 1: Company Strategy and Goals - Xinlei aims to transform from traditional manufacturing to providing energy-saving solutions throughout the product lifecycle [1] - The company has evolved from a follower to a leader in the industry, with a strategic goal of achieving over 50% CAGR in the next five years [3] - Xinlei's product range includes over 300 models across six platforms, catering to various industries such as mechanical manufacturing, petrochemicals, and wastewater treatment [1][2] Group 2: Market Position and Performance - Xinlei ranks third among export enterprises in the general power air compressor sector in 2024, establishing itself as a major player in the domestic market [2] - The company reported significant growth in its piston and screw compressor businesses, with year-on-year increases of 20.5% and 22.06%, respectively [3] - The revenue from HVAC equipment increased by 35%, indicating strong market demand for Xinlei's products [3] Group 3: Technological Innovations - Xinlei has made breakthroughs in core technologies such as magnetic suspension, enabling products to operate efficiently in extreme temperatures [2] - The company is focusing on electric energy solutions and positioning its magnetic suspension compressors as key components in zero-carbon computing scenarios [2] - The global market for magnetic suspension chillers is projected to reach 28.83 billion yuan by 2026, with a year-on-year growth of 70.4% [2] Group 4: Industry Trends and Policies - The dual carbon control policy framework is seen as a core document for carbon transition, driving demand for energy-efficient equipment [3] - The construction of zero-carbon parks is expected to create significant market opportunities for energy-saving compressors and cooling equipment [3][4] - The emphasis on electrification in zero-carbon factory construction highlights the importance of heat pumps and energy-efficient technologies [4]

Core Viewpoint - The Shenzhen Stock Exchange issued a regulatory letter to Xilei Compressor Co., Ltd. and its executives for failing to comply with disclosure obligations regarding the use of idle raised funds [1][2][6] Group 1: Company Actions - Xilei Compressor's board approved the use of up to RMB 200 million of idle raised funds for cash management on May 7, 2024, but failed to disclose this in a timely manner, only holding a supplementary meeting on May 28, 2025 [1][5] - The total amount raised by Xilei Compressor was RMB 812.33 million, with a net amount of RMB 698.31 million, exceeding the original plan by RMB 24.51 million [3][4] Group 2: Regulatory Violations - The company violated multiple articles of the revised 2025 Growth Enterprise Market Stock Listing Rules and the Self-Regulatory Guidelines for Listed Companies [2][6] - Key executives, including the chairman and general manager, failed to fulfill their duties, leading to further violations of the same regulations [2][6] Group 3: Recommendations and Reminders - The Shenzhen Stock Exchange urged the company and its executives to take the issues seriously, learn from the mistakes, and ensure timely rectification to prevent recurrence [7][8]

创业板投资风险提示 本次股票发行后拟在创业板市场上市，该市场具有较高的投资风险。创业板公司 具有创新投入大、新旧产业融合成功与否存在不确定性、尚处于成长期、经营风险高、 业绩不稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解创 业板市场的投资风险及本公司所披露的风险因素，审慎作出投资决定。 鑫磊压缩机股份有限公司 XINLEI COMPRESSOR CO., LTD. （浙江省台州市温岭市工业城） 首次公开发行股票并在创业板上市 招股说明书 保荐机构（主承销商） （山东省济南市市中区经七路 86 号） 鑫磊压缩机股份有限公司 招股说明书 声 明 中国证监会、交易所对本次发行所作的任何决定或意见，均不表明其对注册 申请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行 人的盈利能力、投资价值或者对投资者的收益作出实质性判断或保证。任何与之 相反的声明均属虚假不实陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发 行人自行负责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承 担股票依法发行后因发行人经营与收益变化或者股票价格变动引致的投资风险。 ...