A-share subscription | Leading company in the wind power main gearbox sector, Transmission Technology, starts subscription with a high production and sales rate maintained
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Transmission Technology started subscription on October 28, with an issue price of 46.68 yuan per share, a subscription limit of 9,500 shares, and a price-to-earnings ratio of 34.98 times. The company focuses on the research, development, production, and sales of wind power main gearboxes, with a global market share of 10.36% and a market share in China of 16.22% in 2024. Although the main business revenue is expected to decline in 2024, the gross profit margin remains stable. The operating revenues from 2022 to 2024 are 3.108 billion yuan, 4.442 billion yuan, and 3.715 billion yuan, respectively
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