A-share Subscription | Electronic Measurement Instrument Manufacturer Dian Kesiyi (301689.SZ) Opens Subscription with Net Profit Rising Year by Year

On August 28, DianKesi Instrument (301689.SZ) opened its subscription with an issue price of 16 yuan per share. The maximum subscription limit is 12,000 shares, with a price-to-earnings ratio of 44.81 times. It is listed on the Shenzhen Stock Exchange, and Guotai Junan Securities is its sponsoring institution. The prospectus shows that DianKesi Instrument is a high-tech enterprise specializing in the R&D, manufacturing, and sales of electronic measurement instruments. It is the company with the most comprehensive range of products and the widest spectrum coverage in China's electronic measurement instrument industry. Its main products include complete machines, testing systems, and components. According to Frost & Sullivan's independent industry research report on the global and China electronic measurement instruments (products and systems) market, the global market size for electronic measurement instruments and testing measurement systems is expected to grow from 101.72 billion yuan in 2020 to 139.12 billion yuan in 2024, with further growth expected to reach 207.42 billion yuan by 2029. The market size for electronic measurement instruments and testing measurement systems in China is projected to grow from 31.20 billion yuan in 2020 to 49.50 billion yuan in 2024, and further increase to 82.64 billion yuan by 2029. In terms of finances, the company expects to achieve operating revenues of approximately 2.153 billion yuan, 2.052 billion yuan, and 2.398 billion yuan for the fiscal years 2023, 2024, and 2025, respectively. During the same periods, it expects to record net profits of approximately 190 million yuan, 275 million yuan, and 438 million yuan.