With annual revenue of over 1 billion and net profit quadrupled, this major supplier is also going public!

Yien.com learned that Shenzhen Aoni Electronics Co., Ltd. intends to IPO on the Growth Enterprise Market and has submitted a prospectus. The latest update was on May 10, 2021.

According to public information, Shenzhen Aoni Electronics Co., Ltd. was established on August 9, 2005. Its address is in Bao'an District, Shenzhen. It was listed on the New Third Board for public transfer on January 19, 2017. Its stock abbreviation is "Aoni Electronics" and its stock code is "870575". It was delisted from the New Third Board on April 4, 2018.

From the prospectus, the editor can find that Shenzhen Aoni Electronics Co., Ltd. is actually the supplier of the cross-border big seller Zebao. Shenzhen Linyoutong Technology Development Co., Ltd. is a company that is 100% owned by Shenzhen Zebao Innovation Technology Co., Ltd. , a wholly-owned subsidiary of the listed company Xinghui Precision (300464) , and mainly operates the cross-border e-commerce Amazon online brand operation business.

The prospectus also mentioned that Shenzhen Oni Electronics Co., Ltd.'s operating income in 2020 was 1.084 billion yuan, an increase of 105.51% over the same period last year; its net profit in 2020 was 193 million yuan, and its net profit in 2019 was 48.77 million yuan, nearly quadrupling its net profit.

Shenzhen Oni Electronics Co., Ltd. also estimated its performance in the first half of 2021 in its prospectus . Its operating income from January to June 2021 is expected to be RMB 465.40 million to RMB 568.83 million, a year-on-year increase of 50.01% to 83.34%; its net profit from January to June 2021 is expected to be RMB 63.50 million to RMB 77.61 million, a year-on-year increase of 51.90% to 85.66% .

It is reported that Shenzhen Aoni Electronics started its business with computer external cameras, focusing on the collection, transmission and processing of audio-visual data for application scenarios such as smart homes, smart travel and smart offices. Its core products are smart audio-visual terminals such as computer /TV external cameras, network cameras, driving recorders, Bluetooth headsets, etc.

During the reporting period, the company's sales revenue of PC/TV external cameras was RMB 43.5361 million, RMB 57.1833 million and RMB 609.3277 million, respectively, with gross profit margins of 42.87%, 44.05% and 52.46%, respectively. Since 2020, revenue has grown rapidly, and the gross profit margin is also at a higher level than in 2019 and previous years .

In the past two years, there have been many big sellers listed in the cross-border circle. The excellent performance of big sellers is inseparable from excellent suppliers. Shenzhen Aoni Electronics Co., Ltd. has also invested a lot of money in research and development. The prospectus mentioned that during the reporting period, the company's cumulative R&D investment was 118 million yuan, accounting for 6.17% of the cumulative operating income.

With sellers and suppliers going public, the cross-border circle is really facing a good opportunity for rapid development. Friends in the cross-border circle, seize the opportunity and work hard. Maybe you will be the next one to go public!

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