The GEM IPO of Yike Co., Ltd. has been accepted and is the number one domestic brand in the field of industrial sensors in China

The Zhitong Finance App learned that on November 10, Tianjin Eke Automation Co., Ltd. (abbreviation: IKE Co., Ltd.) Shenzhen Stock Exchange GEM IPO review status changed to “accepted”. Cathay Pacific Haitong Securities is its sponsor and plans to raise $1,1982.7 billion.

According to the prospectus, Yike Co., Ltd. is the country's leading provider of industrial automation sensing and interconnection products and digital intelligence IoT solutions. It is also one of the few manufacturers in China that can achieve full industrial field level link coverage: industrial sensors and encoders are used to achieve field sensing, and I/O modules and connection systems are used to achieve on-site connection, signal transmission and control, providing key hardware support for industrial automation in the era of intelligent manufacturing. Yike Co., Ltd. also has three national qualifications: a national enterprise technology center, the first batch of national-level key specialty and new “little giants” enterprises, and a national manufacturing individual champion enterprise.

With self-developed industrial sensors, encoders, and I/O systems as the core, the company has the ability to provide one-stop solutions to customer needs; at the same time, each product line is a sales portal for each other, forming cross-sales and customer stickiness. The company's various product lines total tens of thousands of product specifications and models. The products and solutions have been deeply used in many key industries such as automobiles (including new energy vehicles), lithium batteries, semiconductors, and smart logistics. The products ultimately serve leading enterprises in many industries such as Leading Group, Ningde Era, North China Chuang, and BYD.

The company focuses on R&D, production and sales of industrial automation sensing and connected products and digital intelligence IoT solutions. It has more than 20 years of technology accumulation and industrialization experience. The product technology is mature, stable in quality, and rich in categories. It is in a leading position of domestic brands in the Chinese industrial sensor, encoder and I/O system market. According to MIR Rui industrial data, in 2025, the company's market share in the field of industrial sensors in China was 2.3%, ranking first among domestic brands; with a market share of 4% in the Chinese encoder market, ranking third among domestic brands. According to CCD.com data, in 2025, the company's distributed I/O module market share in the field of industrial automation in China was 10.15%, ranking first among domestic brands, and was awarded the national manufacturing single champion enterprise in this field; the market share in the industrial connector market in the field of industrial automation in China was 7.02%, ranking first among domestic brands.

In the future, as technology continues to innovate and break through, and production capacity and business scale expand, the company is expected to further seize the market share of international manufacturers in segmented fields and enhance its competitive position in the global market.

On the financial side, in 2023, 2024, 2025, and January-June 2026, the company achieved operating income of about 1,027 million yuan, 883 million yuan, 1,158 million yuan, and 757 million yuan respectively; for the same period, net profit was approximately 149 million yuan, 81.125 million yuan, 101 million yuan, and 705.831 million yuan, respectively.