"专注主业，深耕细作"：以场景化创新构筑竞争优势 泰凯英是一家以技术创新为驱动，专业从事矿山及建筑轮胎的设计、研发、销售与服务的企业。根据矿 业及建筑业轮胎用户使用工况复杂多样、恶劣苛刻的特点，公司创新形成了场景化技术开发体系，为客 户提供场景化轮胎、轮胎数字化管理系统及轮胎综合管理业务，基于用户场景化需求的产品开发能力成 为公司发展的核心竞争力。公司在工程子午线轮胎领域形成了领先的行业地位。根据中国工程机械工业 协会对行业内企业的调研与统计，公司在2023年国内工程子午线轮胎配套市场占有率总体位列国内外轮 胎品牌第3名，其中大吨位起重机轮胎国内配套市场占有率第1名。 公司是国家级专精特新"小巨人"企业、全国产品和服务质量诚信示范企业、山东省瞪羚企业、山东省企 业技术中心、青岛市"隐形冠军"企业、青岛市矿山轮胎数字化工程研究中心、青岛市矿山轮胎数字化技 术创新中心、青岛市创新型企业。招股书显示，公司开发出了700余种适应于不同作业环境的轮胎，取 得了国内外共188项专利，其中境内发明专利35项；拥有软件著作权18项；4项关键技术经鉴定达到国际 领先水平。 2022年至2024年，公司归母净利润分别为1.1亿元 ...

据招股书，募集资金到位后，公司资金实力将得到较大提高。本次募集资金投资项目紧紧围绕公司现有主营业务，并集中资源投入到产品竞争力、研发能力 和轮胎智能化管理系统提升，其中全系列场景专用轮胎产品升级项目将进一步优化公司现有场景化产品系列性能，专用轮胎创新技术研发中心建设项目将进 一步提高公司的技术创新能力，专用轮胎智能化管理系统提升项目将助力公司智能化轮胎业务发展及本地化服务的数字化智能化，上述能力的提升将进一步 强化公司场景化产品开发能力和市场影响力，为公司的长期持续发展营造有利环境。 若募集资金项目能按时顺利实施，将有助于优化公司产品线，提升公司的研发实力以及市场拓展能力，从而进一步提高公司的主营业务收入规模。同时，通 过本次募集资金对公司产品迭代、新产品开发、轮胎智能化管理系统性能提升、本地化服务的数字化智能化发展等的支持，将进一步提高公司的整体实力以 及品牌知名度，促进公司未来经营发展目标的实现。 招股书显示，泰凯英是一家以技术创新为驱动，聚焦于全球矿业及建筑业轮胎市场，专业从事矿山及建筑轮胎的设计、研发、销售与服务的企业。公司产品 范畴属于工程子午线轮胎和全钢卡车轮胎。根据矿业及建筑业轮胎用户使用工况复 ...

10月14日，青岛泰凯英专用轮胎股份有限公司（简称"泰凯英"）向不特定合格投资者公开发行股票并在北交所上市网上路 演在中国证券报·中证网举行。 问：公司的主营业务有哪些？ 泰凯英成立于2007年，是一家以技术创新为驱动，聚焦于全球矿业及建筑业轮胎市场，专业从事矿山及建筑轮胎的设计、 研发、销售与服务的企业。 泰凯英董事长兼总经理王传铸表示，此次发行上市后，泰凯英将进入一个全新的发展阶段，公司将借助资本市场这一更高 的平台，坚持合规经营、创新发展，坚定地向成为"全球矿山建筑轮胎领先品牌"的愿景稳步迈进。公司与员工一起创造幸 福的生活，与合作伙伴一起创造合作增值，为股东创造更好的回报，为社会做出更大贡献。 路演嘉宾与投资者进行网上交流互动。记者张鹏飞摄 答：公司是一家以技术创新为驱动，聚焦于全球矿业及建筑业轮胎市场，专业从事矿山及建筑轮胎的设计、研发、销售与 服务的企业。公司产品范畴属于工程子午线轮胎和全钢卡车轮胎。根据矿业及建筑业轮胎用户使用工况复杂多样、恶劣苛 刻的特点，公司形成了场景化技术开发体系，围绕降低轮胎消耗和提升设备作业效率进行场景化技术研发和产品开发，通 过代工方式实现产品生产，为客户提供场景化轮 ...

Core Viewpoint - Qingdao Taike Ying Special Tire Co., Ltd. (hereinafter referred to as "Taike Ying") is preparing for its IPO on the Beijing Stock Exchange, having pursued this goal since 2019. The company focuses on the design and research of mining and construction tires, operating without its own production facilities, which is a unique business model in the industry [1][3][5]. Business Model and Market Position - Taike Ying specializes in the design, research, sales, and service of engineering radial tires and all-steel truck tires. In 2023, it ranked 3rd among Chinese brands and 8th globally in the engineering radial tire market. It also holds the 1st position in the domestic market for large-tonnage crane tires [3][4]. - The company has established partnerships with several leading domestic and international construction machinery manufacturers, including SANY Group and XCMG, as well as global giants like Liebherr and JCB [4]. Production and Supply Chain Issues - The company does not manufacture tires but relies on a contract manufacturing model, focusing on research and development to enhance tire efficiency and reduce consumption [5][6]. - However, Taike Ying's main contract manufacturer, Xingda Tire, is currently facing debt default issues, which could impact the stability of product supply. The procurement amounts from Xingda Tire during the reporting period were significant, accounting for over 20% of total procurement in 2022 [7]. Financial Performance - Taike Ying has shown stable growth in its financial performance, with operating profits of 140.98 million, 178.63 million, and 199.87 million CNY over the past three years, and net profits of 108.34 million, 137.93 million, and 156.65 million CNY, reflecting a net profit margin around 6.01% to 6.82% [8]. - The company has also distributed cash dividends totaling 51.63 million CNY over the past two years, indicating a commitment to returning value to shareholders [9]. IPO and Fundraising Plans - Initially, the company planned to raise 770 million CNY, exceeding its net asset size, but this amount has been significantly reduced to 390.10 million CNY after scrutiny from the market and the review committee. The revised fundraising plan focuses on upgrading tire products, establishing a research center, and enhancing digital management systems [10][18]. - The adjusted fundraising amount represents 23.69% of the latest total assets and 17.00% of the most recent annual revenue, making it a more reasonable target compared to the original plan [18]. Future Outlook and Risks - Despite the promising market outlook, the company faces potential risks associated with its unique business model and the ongoing issues with its main supplier. The construction period for new projects may lead to short-term profit declines due to high depreciation and amortization costs [18][20].

Core Viewpoint - Qingdao Taike Ying Special Tire Co., Ltd. (referred to as "Taike Ying") is set to undergo a review by the North Exchange's IPO committee, marking a long-awaited step towards its public listing after starting its red-chip structure in 2019 [1][11]. Company Overview - Taike Ying specializes in the design, research, sales, and service of tires for mining and construction, focusing on engineering radial tires and all-steel truck tires [3][4]. - The company ranks third among Chinese brands and eighth globally in engineering radial tires as of 2023, with a leading market share in large-tonnage crane tires domestically [3][4]. Business Model - The company operates a unique business model that emphasizes research and development without any in-house production, relying on contract manufacturing for its products [4][5]. - Taike Ying has established a "main and auxiliary backup" supplier system to ensure product delivery despite the current debt issues faced by its main contract manufacturer, Xingda Tire [5][6]. Financial Performance - The company has shown stable growth in its financial performance, with operating profits of 140.98 million, 178.63 million, and 199.87 million yuan over the past three years, and net profits of 108.34 million, 137.93 million, and 156.65 million yuan respectively [8]. - The net profit margins have remained relatively stable, with net profit rates of 6.01%, 6.79%, and 6.82% during the same period [8]. IPO and Fundraising - Initially, the company planned to raise over its net asset value but has since reduced its fundraising target significantly to 390.10 million yuan, focusing on three key projects aimed at enhancing product competitiveness and research capabilities [12][13]. - The revised fundraising plan now represents 23.69% of the latest total assets and 17.00% of the most recent annual revenue, making it appear more reasonable compared to the original target [12]. Risks and Challenges - The main contract manufacturer, Xingda Tire, is currently undergoing a debt resolution process, which poses a risk to Taike Ying's supply stability if the situation worsens [6][7]. - The company anticipates that the initial phase of its fundraising projects may negatively impact its profits due to high depreciation and amortization costs, projecting a profit reduction of approximately 2.51 million yuan in the first year of project implementation [14].