A-share Subscription | Senfeng Laser (920085.BJ) Opens for Subscription as a Laser Processing Intelligent Manufacturing Solutions Provider

On October 28, Senfeng Laser (920085.BJ) opened for subscription at an issue price of RMB17.79 per share, with a subscription cap of 807,500 shares and an issue price-to-earnings ratio of 14.99 times. It is listed on the Beijing Stock Exchange, with Guolian Minsheng Securities as its sponsor. According to the prospectus, Senfeng Laser is a laser processing intelligent manufacturing solutions provider, mainly engaged in the R&D, production, sales and service of laser processing equipment and intelligent manufacturing production lines. To date, the company's products have been widely used across various metal processing fields, including precision component manufacturing in engineering machinery, auto parts, bridge and building formwork, prefabricated construction, power transmission towers for special transformers, coal mining and petrochemical equipment, and have gradually begun to be applied in fields such as new energy vehicles and high-end agricultural machinery. The company's customers cover more than 100 countries and regions. According to data from the "2026 China Laser Industry Development Report," the market size of China's laser processing equipment industry reached RMB95.8 billion in 2025, and the domestic laser processing equipment industry market size is expected to reach RMB108 billion in 2026. As the transformation and upgrading of traditional manufacturing further advances and laser technology continues to develop and mature, demand for laser processing equipment across industries will continue to grow, and the laser processing equipment market will usher in a relatively long period of development opportunities. In terms of financials, for the 2023, 2024, 2025 fiscal years and January-June 2026, the company achieved operating revenue of approximately RMB1.33 billion, RMB1.296 billion, RMB1.467 billion and RMB824 million, respectively; net profit over the same periods was approximately RMB111 million, RMB103 million, RMB98.9276 million and RMB73.1373 million, respectively.