On June 26, Aidite (SZ: 301580) was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange. In this listing, the issue price of Aidite is 44.95 yuan per share, the number of shares issued is 19,029,382 shares, the total amount of funds raised is about 855 million yuan, and the net amount of funds raised is about 761 million yuan.
On the first day of listing, the opening price of Aidite was 99.99 yuan / share, an increase of 122.45% compared with the IPO issue price, and once rose to 100.00 yuan / share in the intraday. As of the close, the share price of Aidite closed at 84.02 yuan per share, up 86.92% from the issue price, with a total market value of about 6.4 billion yuan.
Li Hongwen, chairman of Aidite, said that Aidite will give full play to the comprehensive advantages of digital services on the cloud platform and digital equipment with a higher degree of automation, promote the transformation of digital production technology of oral medicine, and help the industry improve quality and efficiency. At the same time, it cooperates with leading dental universities and research institutions to promote the industrial application of cutting-edge technologies in oral diagnosis and treatment, and increase the expansion of the international market.
Tianyancha App information shows that the full name of Aidite (Qinhuangdao) Technology Co., Ltd., formerly known as Qinhuangdao Aidite High-tech Ceramics Co., Ltd., is located in Qinhuangdao City, Hebei Province. At present, the registered capital of the company is 57,088,145 yuan, the legal representative is Li Hongwen, and the shareholders include Legend Capital, CICC Capital, etc.
According to Bedo Finance, Aidite submitted a prospectus in April 2022 to be listed on the Growth Enterprise Market of the Shenzhen Stock Exchange. In this sprint listing, Aidite originally planned to raise 955 million yuan. In November 2022, Aidite's IPO was successfully passed. In the end, the amount of funds raised by Aidite shrank by 100 million yuan.
According to the prospectus, Aidite is a provider of dental prosthodontic materials and dental digital equipment. Aidite said in the prospectus that the company provides one-stop digital comprehensive dental services for dental laboratories, dental clinics, dental hospitals and other oral medical service institutions.
At present, Aidite mainly provides two categories of products, including: (1) oral restoration materials: including zirconia porcelain blocks, glass ceramics, resins, etc.; (2) Dental digital equipment: including digital imaging equipment, cutting equipment, sintering equipment, etc.
In 2021, 2022 and 2023, Aidite's revenue will be 545 million yuan, 603 million yuan and 780 million yuan respectively, net profit will be 55.4584 million yuan, 116 million yuan and 147 million yuan respectively, and net profit after deducting non-profits will be 51.7335 million yuan, 105 million yuan and 134 million yuan respectively.
According to the product structure, the revenue of Aidite is mainly contributed by dental prosthodontic materials. During the reporting period, the company's revenue from dental prosthodontic materials was about 324 million yuan, 397 million yuan and 541 million yuan respectively, accounting for 59.37%, 65.84% and 69.39% of its main business income respectively.
According to the prospectus, Aidite expects its revenue in the first half of 2024 to be about 434 million yuan to 479 million yuan, a year-on-year change of 22.25% to 34.80%; net profit was 76.6545 million yuan to 94.5341 million yuan, a year-on-year increase of 21.2% to 49.47%; The net profit after deducting non-profits was 75.3448 million yuan to 93.2244 million yuan, a year-on-year increase of 33.11% to 64.7%.
Prior to this listing, Tianjin Yuanyi directly held 23.88% of the shares of Aidite and was the largest shareholder of the company. According to the prospectus, Tianjin Yuanyi directly and indirectly controls the voting rights of a total of 38.53% of the shares of Aidite through the "Concerted Action Agreement" and is the controlling shareholder of the company.
Among them, Li Hongwen, as the executive partner of Tianjin Yuanyi, indirectly controls the voting rights of 23.88% of the shares of Aidite through Tianjin Yuanyi; Li Hongwen, as the executive partner of Tianjin Jieying, indirectly controls the voting rights of 4.70% of the company's shares through Tianjin Jieying.
At the same time, Li Hongwen indirectly controlled the voting rights of Tianjin Wendi's 14.65% shares of Aidit through the "Concerted Action Agreement". Accordingly, Li Hongwen controls a total of 43.23% of the voting rights of Aidite's shares and is the actual controller of the company. At present, Li Hongwen is the chairman and general manager of Aidit.
According to the prospectus, the founder of Aidite also has Li Bin, who co-founded Aidite with Li Hongwen in 2007 and has served as the company's director and general manager. Since November 2019, Li Bin has served as a director of the company.