Second filing with the HKEX! The company's revenue last year was RMB 1.858 billion
Source: 中国之光网|| Views: 2366
On August 23, Guangdong Jinko Electronics Co., Ltd. (abbreviated as "") submitted its IPO application to the Hong Kong Stock Exchange, with CITIC Securities (Hong Kong) Limited as the sole sponsor.
It is reported that the Hong Kong stock prospectus submitted by Jinko Electronics on February 1, 2024, reached its six-month validity period, and expired on August 1. The prospectus shows that Jinko Electronics is a leading provider of smart vision products and system solutions in China, integrating "LED+" technology. The company's areas of expertise cover automotive smart vision, high-end lighting, and new displays. Relying on industry insights and forward-looking technical strategies, the company combines LED technology with integrated circuits, electronic control, software, sensors, and optics, possessing various "LED+" technologies. The company is also one of the earliest in China to start mass production of high-power flip-chip LED products. After years of R&D and technological accumulation, the company has formed a series of flip-chip LED technologies for different application scenarios. According to Frost & Sullivan, in terms of revenue, Jinko Electronics ranked third among domestic component and module manufacturers in China's high-end lighting industry, and fifth among all component and module manufacturers in the same industry, with a market share of 5.3% in 2023. In terms of financials, for the years 2021, 2022 and 2023, and for the five months ended May 31, 2023 and 2024, the Company's revenues were RMB 1.388 billion, RMB 1.411 billion, RMB 1.858 billion, RMB 625 million and RMB 843 million, respectively; net profit was RMB 78 million, RMB 39.07 million, RMB 72.04 million, RMB 7.56 million and RMB 32.17 million, respectively. Recommended Reads:New IPO Progress! One company opens subscription, another's prospectus expires!
