Jinding Optics GEM's IPO has asked for the largest sales market share of glass aspheric precision molding machines in the world

The Zhitong Finance App learned that on July 15, Guangdong Jinding Optical Technology Co., Ltd. (abbreviation: Jinding Optics) changed its GEM listing review status to “Inquired”. SDIC Securities is the sponsor and plans to raise 758.7 billion yuan.

According to the prospectus, Jinding Optics is a national-level specialized, sophisticated and new “little giant” enterprise that mainly develops, produces and sells high-end precision optical equipment, and also has optical lenses and precision optical components business. High-end precision optical equipment is cutting-edge equipment used to manufacture or inspect high-precision optical components (such as lenses, mirrors, gratings, etc.). It determines the height that the optical industry chain can reach, and is also a “ceiling manufacturer” of the precision boundary of advanced manufacturing. Therefore, in the process of transformation and upgrading of China's manufacturing industry and the development of strategic emerging industries, the autonomy and control of high-end precision optical equipment is of great strategic importance. Since its establishment, Jinding Optics has focused on the field of optics. Its main products include glass aspherical precision molding machines, ultra-precision processing equipment, optical cold processing equipment, optical lenses, precision optical components, etc. The company is committed to becoming an international leading enterprise in the field of high-end precision optical equipment.

The glass aspherical precision molding machine independently developed and produced by the company has successfully broken the long-term monopoly of foreign manufacturers, ranking first in the market share in this field in the past two years. At present, the company has developed more than 100 types of core equipment in the optical processing industry chain to provide customers with multi-category, cost-effective high-end precision optical equipment with market competitiveness. The company's glass aspherical precision molding machines and other equipment have been used in batches in many well-known enterprises:

With the booming development of the domestic optical industry in the last 20 to 30 years, optical lens usage scenarios have been greatly expanded. In the context of domestic substitution, many optical lens manufacturers and processing manufacturers have sprung up in China, which occupy most of the world's market share in the fields of automotive, consumer electronics, and security monitoring. However, in the field of upstream precision optical processing equipment, China's high-end precision optical processing equipment has long been monopolized by foreign manufacturers such as Germany, Japan, and the United States. The company is one of the few enterprises that have achieved breakthroughs in high-end precision optical processing equipment, and the company's glass aspherical precision molding equipment has been used on a large scale by domestic head lens manufacturers such as Yutong Optics and Lianchuang Electronics. According to QYR (Hengzhou Bozhi) statistics, in the past two years, the sales market share of the company's glass aspherical precision molding machines has surpassed that of ShibauraMachine, SYS, and DTK to become the largest supplier of glass aspherical precision molding machines in the world. In the past two years, the company has the largest sales market share of glass aspherical precision molding machines in the world. With the expansion of downstream applications and the increase in the market penetration rate of the company's products, the company's market position will be further strengthened, which will help the company improve its profitability.

On the financial side, in 2023, 2024 and 2025, the company's revenue was approximately RMB 144 million, RMB 201 million, and RMB 341 million, respectively; for the same period, net profit was RMB 27.9418 million, RMB 42.095 million, and RMB 83.2064 million, respectively.