Huazhijie (stock code: to be announced), a leading Chinese manufacturer of power tool components and systems, has launched its IPO on the Shanghai Stock Exchange’s main board. The company issued 25 million shares, with online subscriptions capped at 8,000 shares per investor requiring an ¥80,000 Shanghai market value. Specializing in lithium battery power management solutions, Huazhijie’s product portfolio includes smart switches, brushless motors, and precision structural components that serve major global brands like TTI Group, Makita, and Delta.
The company has cultivated long-term collaborations with top-tier power tool and consumer electronics manufacturers while expanding into emerging sectors including new energy vehicles, energy storage systems, and smart home technologies. This diversification strategy supported consistent revenue growth, with 2024 sales reaching ¥1.23 billion (up 31.3% YoY) and net profit hitting ¥154 million (27.3% YoY increase).
Huazhijie forecasts continued momentum in H1 2025, projecting 22.3-29.7% revenue growth and 13.9-19.3% net profit expansion. Its IPO marks a strategic move to capitalize on China’s advanced manufacturing push and global electrification trends, with proceeds likely funding R&D and production capacity enhancements. The listing comes amid robust investor interest in specialized component suppliers for green energy applications
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