On December 13, Ailuo Energy disclosed the letter of intent for offering shares. The company planned to be listed on the Science and Technology Innovation Board. This public offering of 40 million shares accounted for 25% of the total share capital of the company after the issuance. The original shareholders of the company did not publicly offer shares, and the total share capital after the issuance was 160 million shares.
The preliminary inquiry time is December 19, 2023; the expected issuance date is December 22, 2023. According to
the data, Arrow Energy was founded in 2012 and is an internationally renowned supplier of photovoltaic energy storage systems and inverters. It focuses on providing smart energy solutions for household users and building separate household energy storage solutions and integrated energy storage solutions.
From 2021 to the third quarter of 2023, the company realized revenue of 833 million yuan, 4.612 billion yuan and 4.007 billion yuan respectively, and net profit of 62.8745 million yuan, 1.134 billion yuan and 1.018 billion yuan respectively, showing a sustained growth trend.
From the perspective of revenue structure, the main business revenue of Arrow Energy comes from energy storage batteries, energy storage inverters and grid-connected inverters, accounting for 92.79% of the revenue before 2022. On the
market side, according to the disclosure of Arrow Energy, the company's main market is concentrated in Europe, including Germany, Italy, the United Kingdom and other countries. In 2022, Arrow Energy's sales in Europe accounted for about 94.50%.