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Recently, United Winners Laser announced that the company officially launched the IPO listing counseling, and the counseling period began on November 30, 2018.

Founded in September 2005, United Winners Laser is a state-of-the-art high-tech enterprise specializing in the development, production and sales of precision laser welding systems, providing customers with a complete range of application solutions for laser welding.

The company's main products include laser, laser welding work platform and laser automatic welding system, and it has complete product lines such as power battery top welding, seal nail welding, soft joint welding and module welding system. The company's products are widely used in electric vehicle batteries, automotive parts, optical fiber communication equipment and other fields.

Benefiting from the continuous growth of the new energy vehicle market and the demand for intelligent manufacturing of power batteries, the market share of laser welding equipment in the field of power batteries has been rapidly improved in recent years.

Since the company's landing in the New OTC(Over the Counter) Market in September 2015, the company's revenue net profit has continued to grow, providing a guarantee for its IPO listing.

According to the annual report, from 2015 to 2017, the revenue of Lianhe Laser was 266 million yuan, 416 million yuan, 727 million yuan, an increase of 58.7%, 56.74%, 74.86%; net profit was 52 million yuan, 69 million yuan, 86 million yuan respectively.

In terms of market, UW laser has reached in-depth cooperation with BYD, CATL, China Aviation Lithium Battery, Tianjin Lishen Battery, Samsung SDI, LG Chem and other mainstream domestic and international power battery companies. And benefit from the above-mentioned high-quality customers' market growth and capacity expansion to achieve performance growth, and maintain strong competitiveness in the power battery laser welding market.

In terms of process development, UW Laser focuses on the application of spiral welding and beam shaping for power battery and 3C electronic precision welding systems. What’s more, the company independently developed a laser welding head capable of withstanding 5000W power and upgraded the brazing wire feeding system.

In addition, its glass welding process, laser hybrid welding process, hydrogen fuel welding process have made breakthroughs, improving the competitiveness of laser technology mobile phone screen welding, battery casing welding and other applications.

In fact, as subsidy policies shrink further and market competition intensifies, power battery companies are enhancing their competitiveness by improving battery energy density and safety. Among them, high-precision lithium battery equipment has become an important force for battery companies to improve product performance, and laser welding equipment is one of the key links.

In this regard, UW Laser also made breakthroughs in laser research and development for customers to improve product performance. In the first half of the year, the company developed and completed 2KW fiber lasers and 3KW semiconductor lasers with independent intellectual property rights and launched them in the second half of this year.

In addition, UN Laser has developed a composite laser welding machine with a maximum combined power of 5 kW, which can realize a variety of welding systems such as a composite laser welding machine with a combination of different fiber lasers and semiconductor lasers, enriching the application scenarios of laser welding.

As new products are developed and put on the market, and the market share and capacity of first-tier battery companies such as CATL, BYD, and Tianjin Lishen Battery are further expanded, UW Laser is expected to continue to maintain high revenue growth.

UW Laser's third quarter report in 2018 showed that the company achieved revenue of 579 million yuan in the first three quarters, a year-on-year increase of 24.61% and a net profit of 51 million yuan.