A-share subscription | Aetk (603293.SH) opens subscription as a provider of automotive electronic intelligent solutions.

On April 7th, Atek (603293.SH) started its subscription with an issue price of 33.49 yuan per share and a subscription upper limit of 14,000 shares. It belongs to the main board of the Shanghai Stock Exchange, with Huatai United Securities as the sponsoring institution. According to the prospectus, Atek is a leading provider of automotive electronics intelligent solutions, mainly engaged in the research, development, production, and sales of automotive electronic products in areas such as vehicle body, intelligent cockpit, power domain, and intelligent driving. The company also provides automotive electronic EMS and technical development services to customers. During the reporting period, the company's main business revenue by product classification is as follows: The company has accumulated a large customer base including independent brand vehicle manufacturers, new energy manufacturers, and automotive parts manufacturers. Independent brand vehicle manufacturers include CHERY AUTO, Chongqing Changan Automobile, Great Wall Motor, SAIC Motor Corporation, GEELY AUTO, BAIC group, Dongfeng Motor, etc.; new energy manufacturers include Ideal Car, Xiaopeng Car, LEAPMOTOR, etc.; in addition, the company provides automotive electronic EMS to companies like Bosch, whose products are ultimately matched with well-known vehicle manufacturers like Volvo and Audi. After deducting the issuance expenses, the funds raised from this public offering will be invested in the following projects in order of priority: In terms of financials, the company achieved operating income of approximately 2.174 billion yuan, 3.003 billion yuan, 3.467 billion yuan, and 1.522 billion yuan in 2022, 2023, 2024, and the first 6 months of 2025, respectively; during the same period, net profits were approximately 94.0962 million yuan, approximately 194 million yuan, approximately 212 million yuan, and 92.4703 million yuan respectively.