Guruiwat rushed to the Hong Kong stock exchange for listing: set "multiple firsts" and obtained an investment of 900million yuan from IDG capital

6 month 24 Japan , Shenzhen guruiwatt Technology Energy Co., Ltd （Growatt Technology Co., Ltd, Hereinafter referred to as “ Guriwat ”） Submit a prospectus on the Hong Kong Stock Exchange , Preparing to list on the main board of the Hong Kong Stock Exchange , Credit Suisse and CICC are co sponsors .

Public information display , Guruiwat mainly conducts business through its Shenzhen guruiwat new energy Co., Ltd , Latter in 2011 Registered in Shenzhen in . Gurewart declared , It is a company focusing on R & D and manufacturing of solar grid connected 、 Energy storage system , New energy enterprises with intelligent charging piles and intelligent energy management solutions .

According to the prospectus , Gurewat is the world's leading provider of distributed energy solutions , Focus on sustainable energy generation 、 Store electricity 、 Electricity and energy digitalization . Design 、 Research and development 、 Manufacturing photovoltaic inverter 、 Energy storage system 、 Smart energy management system and others , And reach global household, industrial and commercial end users through leading sales channels .

As of the last practicable date （2022 year 6 month 20 Japan ）, Gurewart's business spans 150 Multiple countries and regions , And created a dynamic distributed energy ecosystem through the interactive cloud platform , Connect the world about 1.4 Millions of home and business end users , since 2019 Since, the number of connected users has increased more than fourfold .

According to frost Sullivan , By Region 2021 Annual household PV inverter shipments , Guruiwat is the world's largest supplier of household PV inverters , among , In America 、 Asia and EMEA（ The European 、 Middle East and Africa ） Ranked No 1、 The first 1 And the 3, And is the world's No 3 Large PV inverter supplier .

According to frost Sullivan , Guriwat 2021 The annual shipment of energy storage inverter at the user side also ranks first in the world , Market share reached 13.8%. at present , Gurewat's smart energy management solutions include photovoltaic inverters 、 Energy storage 、 Intelligent charging pile .

The prospectus shows ,2019 year 、2020 Years and 2021 year , Gurewart's income is about 10.01 One hundred million yuan 、18.93 Million dollars 31.95 One hundred million yuan , The gross profit is 3.05 One hundred million yuan 、7.33 Million dollars 11.44 One hundred million yuan , Profit in the year （ Net profit ） Respectively 9245.4 Ten thousand yuan 、3.66 Million dollars 5.73 One hundred million yuan .

In terms of income , Gurewat's revenue is mainly contributed by photovoltaic inverter and energy storage system .2019 year 、2020 Years and 2021 year , Gurewat's revenues from PV inverters are 9.00 One hundred million yuan 、16.30 Million dollars 24.62 One hundred million yuan , The proportions are 89.9%、86.1% and 77.1%; The contribution of the energy storage system is 7.2%、11.3% and 21.0%.

According to introducing , Guruiwat passed more than 10700 System integrator 、 Installer 、 engineering 、 Procurement and construction company (“EPC”) And distributors reach end users . These system integrators who focus on the distributed energy market 、 Installer 、EPC And distributors have high repurchase rate 、 High price acceptance , Play an important role in the company's product sales .

Gurewart said in the prospectus that , Its manufacturing business in China is mainly undertaken by Huizhou factory , The factory covers an area of 100000 Multi square metre , Annual production capacity reaches 200 More than 10000 sets . To 2022 After the expansion of production facilities at the end of the year , Capacity is expected to increase to 360 Ten thousand units .

In the equity structure before this listing , The founder of guruiwat 、 Executive director 、 Chairman of the board of directors 、 Chief executive dingyongqiang passed ESunyT Capital、ETshine Capital Hold separately 37.49%、25.60% Shares of , Total shareholding 63.09%; Employee holding platform HKEMT International Capital holding 6.67%, Employee holding platform Sunwave Capital holding 4.46%.

meanwhile ,IDG Capital pass Bateson Group、Best Select Ventures Share holding 3.62%、2.90%. Disclosure according to prospectus , Guruiwat in 2022 year 6 month 6 Day and Bateson Group、Best Select Ventures Sign the subscription agreement respectively ,Bateson Group、Best Select Ventures Respectively contribute RMB 4 One hundred million yuan 、5 Billion yuan to buy guruiwatt 39,624,899 stocks 、49,531,123 stocks A Series preferred stock , The cost per share is about RMB 10.09 element .

among ,Bateson Group、Best Select Ventures The underlying partner entities are IDG Investment platform for capital . let me put it another way , Guruiwat is 2022 year 6 On the IDG Capital 9 Billion investment .