Qingdao CHOHO Industrial (SZ:003033)2025-10-30 07:10Group 1: Company Overview - Qingdao Zhenghe Industrial Co., Ltd. specializes in the research, development, manufacturing, and sales of various chain transmission systems, primarily used in vehicles, agricultural machinery, and industrial equipment [3][4] - The company has achieved several prestigious qualifications, including being a national high-tech enterprise and a key export base in the chain transmission industry [3] Group 2: Financial Performance - In the first three quarters of 2025, the company reported a revenue of 1,389,811,173.90 yuan, representing a growth of 5.24% year-on-year [4] - The net profit attributable to shareholders was 132,679,725.87 yuan, showing a significant increase of 35.70% compared to the previous year [4] - The net profit after deducting non-recurring gains and losses was 105,882,708.27 yuan, reflecting a year-on-year growth of 14.98% [4] Group 3: Strategic Initiatives - The company is focusing on the development of micro-chain systems and dexterous hands, driven by industry trends and market opportunities [5] - A non-public offering is planned to raise up to 81,800,000 yuan, with funds allocated for projects including agricultural machinery component expansion (43,348.21 million yuan) and micro-chain system R&D (5,382.36 million yuan) [12] Group 4: Product Development - Micro-chain products boast high durability, with a cycle life exceeding one million cycles and a maximum load strength over 30 kg [6] - The micro-chain transmission efficiency remains high, consistently above 90% [9] Group 5: Industry Barriers - The micro-chain transmission industry has high entry barriers, requiring long-term technical accumulation and substantial R&D investment [7][8]