Main business of the production line and related equipment for artificial panels. Asia Alliance Machinery (stock code: 001395.SZ) plans to publicly issue 21.81 million shares for the first time.

AsiaLink Machinery (001395.SZ) disclosed its IPO prospectus, with plans to publicly issue 21.81 million shares for the first time, with the preliminary inquiry date set for January 10, 2025, and the subscription date on January 16, 2025. The announcement shows that the company is a supplier and service provider of overall solutions for the production equipment of man-made boards. Its main business is the research, development, production, sales, and service of man-made board production lines and supporting equipment. The company's core products are continuous flat-press production lines, and based on this, it provides steel belt products and refurbishment services according to customer needs, supporting downstream enterprises in the production of fiberboard, particleboard, and other man-made boards and new materials. From the fiscal year 2021 to 2023, the net profit attributable to the owners of the parent company was 83.8597 million yuan, 87.366 million yuan, and 103 million yuan respectively. It is reported that the planned use of the proceeds from this fundraising is for the AsiaLink Machinery man-made board production line equipment comprehensive manufacturing base project and the research and development center project. A total of 401 million yuan is planned to be used from the funds raised.