A-Share IPO | Aluminum Alloy Auto Parts Manufacturer Shanghai Unison Aluminium Products Co.,Ltd. (603418.SH) Launches IPO Subscription with Products Covering Tesla Motors Model Y and Other Series

Stock News
2025/09/12

Shanghai Unison Aluminium Products Co.,Ltd. (603418.SH) commenced its IPO subscription on September 12, with an issue price of 46.36 yuan per share. The subscription limit is set at 15,000 shares, with a price-to-earnings ratio of 22.31x. The company is listed on the Shanghai Stock Exchange, with Guotai Haitong Securities serving as its underwriter.

According to the prospectus, Shanghai Unison Aluminium Products Co.,Ltd. is a professional aluminum alloy automotive parts manufacturer that integrates design, development, production, sales, and services. The company has consistently focused on the lightweight automotive components sector, committed to promoting range upgrades for new energy vehicles and energy conservation and emission reduction for fuel vehicles.

Shanghai Unison Aluminium Products Co.,Ltd. serves as a key supplier of aluminum alloy components for new energy vehicles in China, having established stable partnerships with leading global new energy vehicle manufacturers including Tesla Motors, GAC Group, NIO, BAIC New Energy, Geely Group, XPeng Motors, and Seres. The company's main products cover mainstream new energy vehicle models in the industry, such as Tesla Motors Model 3, Model Y, GAC Aion series, NIO ES/EC/ET series, BAIC New Energy ARCFOX Alpha series, Zeekr 001/009 series, and AITO M5/M7/M9 series.

In the fuel vehicle business segment, the company's primary customers include renowned tier-one automotive parts manufacturers such as Lingyun Industry, FAW Fuao, and Huayu Automotive.

Financially, the company achieved operating revenues of approximately 2.35 billion yuan, 2.905 billion yuan, and 3.95 billion yuan for fiscal years 2022, 2023, and 2024, respectively. Net profits for the corresponding periods were approximately 233 million yuan, 321 million yuan, and 405 million yuan respectively.

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