Company Overview - Zhejiang Meilun Elevator Co., Ltd. is engaged in the research, production, sales, installation, and maintenance of elevators, escalators, moving walkways, and related components [1][2][3] - The company has established a strong reputation in the domestic elevator industry and holds various national and provincial honors, including being a national high-tech enterprise and a "little giant" enterprise [2][4] Financial Data - As of 2025, the total assets of the company are approximately 1.93 billion yuan, with total liabilities of about 649 million yuan [5] - The company's revenue for the first quarter of 2025 is reported at approximately 129.21 million yuan, with a net profit attributable to shareholders of about 4.28 million yuan for the same period [5] - The gross profit margin for the first quarter of 2025 is 22.10%, while the weighted average return on net assets is 0.35% [5] Business Performance - The company has experienced fluctuations in revenue, with a reported revenue of 95.53 million yuan in 2023, down from 101.62 million yuan in 2022 [5] - The net profit attributable to the parent company for 2023 was approximately 13.44 million yuan, compared to 8.18 million yuan in 2022 [5] Market Position - The company has a comprehensive sales network covering major regions in China and over 30 countries globally, indicating a strong market presence [4] - The company emphasizes technological advancement and product quality, focusing on energy-saving, environmentally friendly, and safe elevator products [4] Securities Issuance - The company plans to issue A-shares through a simplified procedure to specific investors, with a total fundraising amount not exceeding 300 million yuan [13][17] - The issuance price is set at 5.66 yuan per share, with a total of approximately 42 million shares to be issued [17][18] Investment Projects - The raised funds will be primarily allocated to the "Nanning Intelligent Manufacturing Base Project," which aims to enhance the company's production capacity and optimize regional layout [18][19]