民爆光电：中国LED出口巨头登陆创业板 专注绿色照明领域
民爆光电：中国LED出口巨头登陆创业板 专注绿色照明领域
Minbang Optoelectronics: China's LED Export Giant Goes Public on ChiNext, Focusing on Green Lighting
深圳民爆光电股份有限公司(股票代码：301362)于8月4日成功在深交所创业板上市。这家成立于2010年的国家高新技术企业，十余年来专注服务境外区域性品牌商和工程商，现已成为中国LED照明出口领域的领军企业之一。
According to the prospectus, Minbang Optoelectronics has achieved a compound annual growth rate of 17.64% in revenue during the reporting period, with 2022 annual revenue approaching 1.5 billion yuan. The company's products are exported to Europe, Oceania and other developed regions, serving well-known international clients including Endo Lighting, Iwasaki Electric, Cree, etc.
全球LED市场地位持续提升
Growing Position in Global LED Market
招股书显示，2020-2022年，民爆光电出口收入分别为10.15亿元、14.29亿元和14.03亿元，占各年度收入比例均超过95%。据中国照明电器协会数据，2019年公司在中国LED灯具出口企业中排名第四。
Frost&Sullivan data shows that the global LED lighting market grew at a CAGR of 6.30% from 2016 to 2019, reaching $67.715 billion. Despite temporary slowdown due to international trade environment, the market is expected to grow at 3.49% annually in the future.
业绩稳健增长 盈利能力突出
Steady Performance Growth with Outstanding Profitability
2020-2022年，公司营业收入分别为10.59亿元、14.97亿元和14.65亿元，扣非归母净利润分别为1.5亿元、1.57亿元和2.12亿元。特别值得注意的是，公司毛利率显著高于行业平均水平，2021年净利率达11.22%，在可比上市公司中排名第一。
The company's industrial lighting products account for nearly 50% of revenue, with higher profit margins contributing to overall profitability. Minbang's revenue growth rate of 41.43% in 2021 far exceeded the industry average of 19.55%.
创新驱动发展 技术实力雄厚
Innovation-Driven Development with Strong Technical Capabilities
民爆光电坚持"精益管理、拼搏创新"的价值观，研发投入持续增加，2020-2022年研发费用分别为6039.82万元、7094.93万元和7931.73万元。公司累计开发LED照明产品超过40000种，在出口型照明企业中处于领先地位。
As a national-level "Little Giant" enterprise specializing in niche markets, Minbang has won numerous industry honors including "Top 50 LED Companies in Revenue" and "Top 50 LED Companies in Patents". The company was also awarded the "Carbon Neutrality Practice Innovation Award" in 2021.
此次上市后，民爆光电将通过募投项目进一步提升产能和技术水平，增强综合竞争力，在全球LED照明市场持续扩大影响力。
Post-IPO, Minbang plans to enhance production capacity and technological capabilities through fundraising projects, further strengthening its comprehensive competitiveness and expanding influence in the global LED lighting market.
