The maximum profit for a high school sign is 22,500 yuan! (301552.SZ) Today, it surged by 150% in intraday trading.
22/07/2024
GMT Eight
The A-share new stock (301552.SZ) was listed today, with the stock price surging up to 150% in the morning session. Based on the highest price of 75 yuan per share in the morning session, a single quota will gain a floating profit of 22,500 yuan.
The prospectus shows that the company is mainly engaged in the research and development, production, and sales of automotive glass assembly components. Its main products include windshield installation components, side window glass lifting components, corner window glass assembly components, and other automotive components, widely used in the automotive glass field as an important part of automotive glass assembly.
In addition to being widely used in traditional automobile brands such as BMW, Mercedes-Benz, Audi, GM, Volkswagen, Toyota, Honda, Nissan, Mitsubishi, Ford, Chrysler, Volvo, Hongqi, Geely, Great Wall, BYD Company Limited, GAC, Chang'an, Chery, Hyundai, Kia, Peugeot, Citroen, etc., the products are also widely used in new energy vehicle brands such as Tesla, NIO, Aiways, Xpeng, Neta, WM Motor, and Leap Motor.
It is worth noting that the company has a high reliance on Fuyao Glass Industry Group, with sales revenue from Fuyao Glass Industry Group accounting for over half. According to the prospectus, from 2021 to 2023, the sales revenue from Fuyao Glass Industry Group accounted for 44.41%, 52.18%, and 56.76% respectively. During the same period, the accounts receivable from Fuyao Glass Industry Group accounted for 37.98%, 42.54%, and 52.5%, showing an upward trend year by year.