Core Viewpoint - EUPEC International Group plans to go public on NASDAQ under the ticker "EUPX" with an updated IPO proposal, aiming to raise $15 million by issuing 3.75 million shares at $4 each, which is a 200% increase from its previous plan [1][3]. Company Overview - EUPEC, established in 2022, specializes in providing specialized coating services for onshore and offshore steel pipelines in the water, oil, and gas sectors [3]. - The company operates a 15-hectare facility in Dunkirk, France, along with two additional sites in the country [3]. - EUPEC serves major industry players such as TotalEnergies, Eni, ExxonMobil, Petrobras, Shell, and BP, as well as engineering, procurement, and construction contractors [3]. Market Potential - The global pipeline joint coating market is projected to grow from $2.1 billion in 2024 to $3.5 billion by 2035, with a CAGR of 4.6% driven by increasing infrastructure development and corrosion protection needs [5]. - The pipeline coating market is expected to expand from $9.95 billion in 2024 to $16.84 billion by 2034, with a CAGR of 5.4%, fueled by the ongoing expansion of the oil and gas industry and regulatory measures for clean water management [5]. Industry Dynamics - The pipeline coating business operates in a highly regulated environment, requiring adherence to strict international quality standards, which creates high entry barriers for new entrants [6]. - Companies must undergo rigorous qualification processes and demonstrate past performance in similar services to be eligible for bidding [6]. - Major competitors in the pipeline coating sector include Wasco Energy, Tenaris Shawcor, and Isopipe, while CRC Evans CSS SA Group and RAE Energy Inc. dominate the field joint coating services [6]. Financial Performance - For the first half of 2024 and 2025, EUPEC reported sales revenues of $6.9434 million and $9.3518 million, respectively, with net profits of $285,200 and $1.2868 million [6]. - Approximately 70% of the company's sales revenue comes from France, with the remainder from other European countries [7]. - The net cash generated from operating activities increased from $967,300 in the first half of 2024 to $3.2871 million in the first half of 2025, reflecting growth in sales revenue and improved gross margins [7].

成立于2022年的EUPEC在截至2025年6月30日的12个月内实现营收900万美元。公司计划以股票代 码"EUPX"在纳斯达克挂牌上市，R.F. Lafferty & Co. 担任本次发行的独家簿记管理人。 智通财经APP获悉，据悉，法国陆海钢制管道涂层解决方案提供商EUPEC International Group(EUPX.US) 于周一更新其赴美IPO方案，大幅提升拟募资规模。这家总部位于法国格兰德桑特的公司目前计划以每 股4美元的价格发行380万股，募资1500万美元。而此前提交的文件显示，该公司原计划以相同股价发行 130万股。按修订后的交易规模计算，EUPEC的募资额将比原预期激增200%，公司市值预计将达到9500 万美元。 EUPEC专注于为水务、石油和天然气领域的陆上与海上钢制管道提供特种涂层服务，业务涵盖管道涂 层、定制涂层、现场接头涂层及卷对卷解决方案。公司在敦刻尔克运营一座占地15公顷的工厂，并在法 国拥有另外两处设施，曾为道达尔能源(TTE.US)、埃尼(E.US)、埃克森美孚(XOM.US)、巴西国家石 油、壳牌(SHEL.US)、英国石油(BP.US)等能源巨头及多家大型工程 ...

(Exact name of Registrant as specified in its charter) Not Applicable As filed with the U.S. Securities and Exchange Commission on January 12, 2026 Registration No. 333-292281 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 EUPEC International Group Limited (Translation of Registrant's Name into English) Cayman Islands 1389 Not Applicable (State or other jurisdiction of incorporation or organization) ...

As filed with the U.S. Securities and Exchange Commission on December 19, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 EUPEC International Group Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's Name into English) Cayman Islands 1389 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Indus ...