The official website of the Shenzhen Stock Exchange shows that Dalian Otto Co., Ltd. (hereinafter referred to as “Otto Shares”) GEM IPO application has been officially accepted on June 17, and the sponsor is Cathay Haitong Securities Co., Ltd.
Otto Shares was established in 1990 and has been deeply involved in the automotive intelligent equipment manufacturing industry for more than thirty years.
It is mainly engaged in the research and development, production, sales and service of intelligent production lines and intelligent equipment in automobiles, energy storage and other industries.
Judging from the data in the prospectus, from 2023 to 2025, Otto shares achieved operating income of 1.536 billion yuan, 1.705 billion yuan and 1.518 billion yuan respectively; the net profits attributable to shareholders of the parent company were 25.0667 million yuan respectively.
, 65.827 million yuan and 112 million yuan; after deducting non-recurring gains and losses, the net profits attributable to shareholders of the parent company were 9.8322 million yuan, 49.2865 million yuan and 106 million yuan respectively, showing a steady improvement in profitability.
During the same period, the gross profit margin of Otto’s main business increased from 12.01% to 21.68%, and the upward trend year by year is very obvious.
In terms of core technology, after years of intensive cultivation and continuous investment, Otto has built a technological innovation system with independent innovation as the core.
It has mastered and broken through a number of core technologies with completely independent intellectual property rights, including digital factory process planning technology, digital twin technology, and empowered intelligent drive self-starting technology.
Otto has always attached great importance to innovative research and development. From 2023 to 2025, the company’s research and development expenses were 64.8957 million yuan, 63.1636 million yuan and 67.5354 million yuan respectively, which has always maintained a high level.
As of the end of 2025, Otto shares have 209 patents, including 19 invention patents, 184 utility model patents, 6 design patents, and 111 software copyrights.
Relying on the technical and brand advantages accumulated over the years, the intelligent production line system solutions developed by Otto shares are widely used by first-class customers around the world and have profound customer resource advantages.
In the automotive industry, its customers are mainly world-renowned leading car companies.
Domestic customers include Beijing Benz, BMW Brilliance, FAW-Volkswagen, SAIC Volkswagen, Anhui Volkswagen, Tesla, JAC (Zunjie), Weilai, Xiaomi, Leapmotor, Ideal, etc. Overseas customers include Mercedes-Benz, BMW, AUDI, Tesla and Mercedes-Benz USA, etc.
Otto Co., Ltd. is not only one of the first Chinese welding line suppliers to enter the world-renowned German car brands Mercedes-Benz, BMW, Volkswagen, and Audi, but also one of the first national enterprises to export brand car body-in-white welding intelligent production lines overseas. It is at the forefront of the industry in the domestic substitution of body-in-white intelligent equipment.
In addition, based on its core technology and industrialization accumulation in the fields of industrial automation, structural design, intelligent control and system integration, Otto Co., Ltd. continues to extend the industrial chain and layout emerging tracks.
It strategically enters other fields such as embodied intelligence, relying on existing intelligent manufacturing technology to carry out research and development and industrial layout of embodied intelligence-related equipment and scenario-based solutions, cultivate new business growth poles, and continue to expand the intelligent manufacturing business territory and industry application boundaries.
With the advancement of the IPO, Otto Shares is expected to achieve more brilliant results in the future and make greater contributions to the development of China’s intelligent manufacturing industry.
