Toniebox儿童音响

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跨国夫妻携手在南京创业20年,今天IPO了
创业邦· 2025-08-06 03:08
Core Viewpoint - The article highlights the successful IPO of Hansang Technology, emphasizing its strong market position in the ODM high-end audio equipment sector and its significant revenue growth driven by international clients, particularly in the children's audio market with products like Toniebox [2][3][18]. Company Overview - Hansang Technology was founded in 2003, focusing on ODM high-end audio equipment development and manufacturing, with a notable partnership with Tonies, which has significantly contributed to its revenue [2][3][18]. - The company achieved a revenue of over 14 billion RMB in 2024, with over 97% coming from overseas markets, serving over 70% of international audio brands [3][18]. Founders' Background - Wang Bin, the founder, has a background in foreign trade and established the company after identifying a gap in the market for audio manufacturing in China [5][7]. - Helge Lykke Kristensen, Wang's husband, joined the company and has over 30 years of experience in the audio industry, contributing to the company's global expansion [8][12]. Financial Performance - The company reported revenues of 13.86 billion RMB in 2022, 10.3 billion RMB in 2023, and 14.54 billion RMB in 2024, with a compound annual growth rate of approximately 16.34% for revenue and 41.04% for net profit over the past five years [19]. - The IPO raised 930 million RMB, with a market valuation of 3.73 billion RMB [2][11]. Product and Market Strategy - Hansang Technology's product range includes high-performance audio products, innovative audio, and AIoT smart products, with a focus on high-fidelity home audio systems and children's smart audio devices [18]. - The company has established a global presence with subsidiaries in various countries and has set up research and development centers in Denmark and India [3][19]. Shareholding Structure - Wang Bin holds 53.01% of the shares, while Helge holds 31.93%, together controlling 84.93% of the company [12][13]. - The company has historically limited external financing, with a notable investment round in 2021 amounting to approximately 5 million RMB [15][16]. Future Prospects - The funds raised from the IPO will be used for projects aimed at increasing production capacity and developing new technologies in the audio and AIoT sectors [19][20].