A-share subscription | Lanyu shares (301585.SZ) open subscription, company profits have been increasing year by year.

On December 6th, Lan Yu Stock (301585.SZ) started accepting applications, with an issuance price of 23.95 yuan per share and a maximum application limit of 55,000 shares. The price-earnings ratio is 21.95 times; it is listed on the Shanghai Stock Exchange, with Guosen as the sponsor (lead underwriter). According to the prospectus, Lan Yu Stock is mainly engaged in the research, development, production, and sales of digital printing inks that meet the national energy conservation and environmental protection strategy. It is recognized as a "small giant" company specializing in national key new technologies. The company operates in the new materials industry, and its digital printing inks are key consumables in digital printing technology. They are compatible with digital printheads, system boards, and other components used in digital printing equipment, mainly in the textile sector. Through continuous technological research and innovation, the company has reduced customers' reliance on imported inks and procurement costs, promoting the transformation of the textile printing and dyeing industry towards energy conservation, environmental protection, and clean production. The company's main product is digital printing ink, belonging to the digital printing field. Digital printing technology integrates computer, electromechanical integration, precision mechanical manufacturing, and fine chemical engineering. It mainly applies digital principles and printing technology to input digitally processed patterns into computers, edit and process them, and control digital printheads to print special inks onto substrates to form the desired pattern. Currently, digital printing technology is widely used in industries such as textile printing and dyeing, desktop office, and advertising printing. In the textile printing and dyeing sector, digital printing inks come into direct contact with the human body, requiring higher product safety and environmental protection standards, as well as greater color accuracy and wash resistance. Therefore, compared to inks used in advertising and desktop office scenarios, digital printing inks for the textile sector are more complex in material formulation and production processes, making the textile sector the "pinnacle" of application challenges for digital printing inks. After years of rapid industry development, domestic digital printing ink manufacturers have continuously improved their technology, processes, and brand image while working with downstream equipment manufacturers and end customers. With the rapid development of domestic digital printing inks in recent years, the market penetration rate of domestic digital printed fabrics has increased from 1.8% in 2014 to 11.4% in 2021. The consumption of digital printing inks has also increased from 0.51 million tons in 2014 to 3.22 million tons. According to a certification document issued by the China Printing and Dyeing Industry Association in October 2022, Zhejiang Lan Yu Digital Technology Co., Ltd. is a governing unit of the China Printing and Dyeing Industry Association, specializing in the research and production of digital printing inks for textiles. In 2021, the company's market share of digital printing inks for textiles ranked among the top three in similar products in China. In terms of finance, Lan Yu Stock is projected to achieve operating income of approximately 272 million yuan, 313 million yuan, and 384 million yuan in 2021, 2022, and 2023, respectively. Net profits for the same period are expected to be 60.46 million yuan, 72.10 million yuan, and 92.68 million yuan.