DiTong Holdings' IPO on the Shanghai Stock Exchange main board has been accepted. The main products are automotive metal structural parts and supporting molds.
The application for listing on the main board of the Shanghai Stock Exchange for Di Tong Industrial Holdings Group Co., Ltd. has been accepted. Industrial Securities is the sponsor institution, and it is planning to raise 2.568 billion yuan.
On June 11th, the listing of DiTong Industrial Holdings Group Co., Ltd. (referred to as DiTong Holdings) on the Shanghai Stock Exchange main board IPO has been accepted. Industrial is the sponsor institution, and plans to raise 2.568 billion yuan.
The prospectus shows that DiTong Holdings specializes in the design, development, production, and sales of automotive metal structural parts and molds. The company's main products are automotive metal structural parts and supporting molds, with automotive metal structural parts divided into body structural parts and chassis systems, which can meet the customized needs of different customers, vehicle models, and complex processes.
Relying on stable and reliable product quality, synchronous development capabilities, automated manufacturing levels, and full-process quality control capabilities, the company has successfully entered the supply chain systems of well-known domestic and foreign automakers such as Geely Group (including Geely, Volvo, Lynk & Co, Geometry, and Polestar), FAW Group, BYD Company Limited, BAIC Foton, Volkswagen Anhui, and Chery, becoming their first-tier supplier. The company has achieved deep support on key vehicle platforms, with continued increase in customer recognition and market influence.
In terms of finance, in the fiscal years 2023, 2024, and 2025, the company's operating income is expected to be approximately 2.721 billion yuan, 3.633 billion yuan, and 4.986 billion yuan respectively; during the same period, the net profit is expected to be approximately 209 million yuan, 367 million yuan, and 521 million yuan respectively.
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