Another wind power enterprise is about to land gem!
On June 18, Qingdao Pangu Intelligence (301456-RManufacturingrCo. coLtd.ltd. (known PanguaIntelligenceence”) disclosed its prospectus and officially launchedIPO ipo inquiry. At this point, the company landed gem officially entered the countdown. According to the prospectus, Pangu Intelligence's planned public offering will not exceed 37.15 million shares and will raise 750 million yuan, the fund is planned to be used for the expansion of the second phase of the Qingdao Intelligent Manufacturing Center for lubrication and hydraulic systems in PANGUSO, the R & D Center for Pangu Intelligent (Shanghai) technology project, and to replenish the working capital.
According to the prospectus, PANGUSO intelligence is a state-level high-tech enterprise mainly engaged in the R & D, production and sales of centralized lubrication systems and their core components, we are committed to the development of independent intellectual property rights and core competitiveness of the centralized lubrication system for domestic and foreign customers to provide competitive equipment centralized lubrication system solution. The company has accumulated rich manufacturing experience and technological advantages in its structural design, precision machining, product testing and other production links. The company's centralized lubrication system can be widely used in wind power, engineering machinery, rail transit and other fields. Through years of R & D and production practice, the company has become Goldwind Technology, vision energy, Shanghai Electric, Dongfang electric and other mainstream domestic fan manufacturers, a stable supplier, accounts for more than 40% of the domestic market share of centralized lubrication system fans, basically covering the domestic sales of the top ten wind turbine manufacturers. At present, the company's wind turbine centralized lubrication system has become the Vestas, Siemens Gamesa, General Electric and other well-known international wind power companies suppliers, in engineering machinery, rail transportation and other fields, the company gradually cut into China Railway equipment, caterpillar and other well-known enterprises and cooperation. On the performance side, according to the company's financial statements, the company realized operating income of 348 million yuan, 327 million yuan and 343 million yuan respectively in the 2020,2021 and 2022 financial reporting years, the net profit realized was 158 million yuan, 137 million yuan and 108 million yuan respectively. In the first quarter of this year, the company's operating income rose 41.41% year-on-year, and its net profit rose 42.06% year-on-year. The company said it was helped by domestic wind power customer inventory demand and overseas wind power customer procurement growth from GE and Germany's Nordex. According to the prospectus, Pangu Intelligence's planned public offering will not exceed 37.15 million shares and will raise 750 million yuan, the fund is planned to be used for the expansion of the second phase of the Qingdao Intelligent Manufacturing Center for lubrication and hydraulic systems in PANGUSO, the R & D Center for Pangu Intelligent (Shanghai) technology project, and to replenish the working capital.
