After years of development, the company has achieved good results and won a series of honors, including: national high-tech enterprises, Guangdong enterprises that honor contracts and keep promises, Guangdong famous trademarks (Titan trademarks), Guangdong famous brand products, Guangdong glorious star enterprises and top ten private enterprises in Zhuhai.
The company ranks first in China DC electronics industry. By 2008, Titan's sales accounted for 12.3% of the domestic market share of DC power products.
According to market data, the shares of China Titan Energy Technology (02 188), which the Group plans to list in Hong Kong at the end of May 20 10, range from 1.05 to 1.2 Hong Kong dollars. In 2009, the overall gross profit margin of products was 46.95%.
According to market information, China Titan Energy Technology (02 188), which mainly supplies power products and equipment, has an issue price of HK$ 1.05 to HK$ 1.2, and plans to issue about 200 million shares, raising funds of HK$ 2/kloc-0 to HK$ 240 million. The sponsor is OSK, and the bookkeeper is Guotai Junan.
According to Titan's preliminary prospectus uploaded on the website of the Hong Kong Stock Exchange, the company's products are divided into five categories, the most important of which is power DC products, which contributed more than 60% of the revenue last year. Titan's profits from 2007 to 2009 were 36.5438+0.455 million yuan, 38.7 million yuan and 53.224 million yuan respectively, and its turnover was 6.5438+0.4 billion yuan, 6.5438+0.75 billion yuan and 26.5438+0.6 million yuan respectively. Titan's gross profit margin was 48.5% in 2007, which decreased by 3.25 percentage points to 45.25% in 2008. In 2009, it rose slightly to 46.95%. Among them, the gross profit margin of DC power products is 565,438+0.99%, and that of power grid monitoring and management products is 6.65,438+08%.