According to the Shenzhen Stock Exchange, on June 26, the IPO of Wuxi Richie Intelligent Equipment Co., Ltd. (hereinafter referred to as Richie Intelligence) was accepted by the Shenzhen Stock Exchange.
In this IPO, Richie Intelligent plans to raise 1.008 billion yuan, which is planned to be used for the intelligent manufacturing production base project of material automation processing equipment, the R&D center project, and the supplementary working capital after deducting the issuance expenses.
Richie Intelligent said that the project of the intelligent manufacturing production base of material automation processing equipment is for the companyCapacityAfter the completion of the project, the company will effectively break through the production bottleneck of core products, and further optimize production conditions, improve production efficiency, and enhance market competitiveness. The R&D center project is planned to be equipped with advanced R&D software and hardware facilities, and build experimental lines and trial production lines to lay a solid foundation for the company to overcome advanced technology and realize the industrialization of R&D results, so as to effectively enhance the strength of technology research and development and enhance the competitiveness of core products. Supplementing working capital will significantly optimize the company’s financial structure, effectively enhance the company’s financial strength and ability to resist financial risks.
According to the data, Richie Intelligent focuses on the field of automatic material processing such as automatic material batching, dispersion emulsification, and mixing and mixing, and provides professional overall solutions for material intelligent processing systems. The company provides customers with one-stop services for consulting, design, manufacturing, installation, commissioning, training and after-sales, and its products are widely used in lithium battery manufacturing, fine chemicals, composite materials and other industries.
According to the prospectus, after years of market development and customer accumulation, Richie Intelligence’s customers cover CATL, BYD and LGNew energy, Sunwanda, EVE Lithium Energy, Envision Group, Volkswagen Group, Ford Motor and other global lithium battery manufacturing leaders and well-known vehicle manufacturers.
In terms of finance, from 2022 to 2024, Ritchie Intelligence’s operating income will be 619 million yuan, 1.721 billion yuan and 2.173 billion yuan respectively, and the net profit attributable to the parent company will be 107 million yuan, 239 million yuan and 270 million yuan respectively.
It is reported that from 2022 to 2024, Leach’s sales revenue in the lithium battery manufacturing industry accounted for 95.98%, 91.81% and 93.82% of the main business income, respectively, and lithium battery material intelligent processing systems and stand-alone equipment were the company’s main sources of revenue.
Richie Intelligent said that the related technologies in the field of lithium battery manufacturing are still in a period of rapid growth, and dry electrode and solid-state battery technology have become technical hotspots in the industry, while the existing pulping and feeding system in the front section of lithium batteries cannot fully adapt to the process requirements of new battery technology. The company has carried out a series of R&D activities for the above technologies and initially achieved R&D results.
