Bearing leader today landed on the small board

Axis Research Technology (002046) is listed on the Shenzhen Stock Exchange today with an issue price of 6.39 yuan, a total share capital of 65 million shares, a tradable share capital of 25 million shares, and a listed share capital of 20 million shares.

The company has been transformed from the only national-level bearing research institute in China, with strong scientific research strength and leading domestic technology. Mainly used in the aerospace field, the domestic market share of special bearings is above 90; precision machine tool bearings occupy 30 domestic market share, and the average annual growth rate of p4 precision bearings is expected to reach 40 or more, which will become the main force for future performance growth.

The growth bottleneck faced by the company is limited production capacity. The risk is that customers are relatively dispersed, which increases the difficulty of forecasting and managing product demand, and also increases market development and sales costs.

Hong Kong and Macao information analysts believe that, in view of the fact that the various business indicators of Axis Technology are better than similar listed companies, and most of the products are in the life cycle growth stage, there is huge room for future growth. Therefore, the company may obtain a better market premium, and the stock is expected to be listed at around 8.00-9.50 yuan.

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