Andawell(SZ:300719) Zheng Quan Zhi Xing·2025-05-19 13:48Core Viewpoint - Beijing Andavil Technology Co., Ltd. is responding to the second round of inquiry from the Shenzhen Stock Exchange regarding its application for a specific stock issuance, focusing on its fundraising project related to ground support equipment and composite material development [1][5]. Group 1: Fundraising Project Details - The fundraising project includes the development of large ground support equipment, composite structural components, and simulation training systems, which are aimed at expanding existing business operations and entering new application fields [1][4]. - The company has already achieved sales of the large ground support equipment and simulation training systems, confirming their status as mature products [4][5]. - The revenue from large ground support equipment and simulation training systems accounted for 57.41% and 77.60% of the total revenue from measurement and control equipment development during the reporting period, indicating significant growth potential [4][5]. Group 2: Military Qualification and Compliance - The company’s subsidiary, Tianjin Naisite Rui, holds partial military qualifications and is expected to obtain additional qualifications by 2026, which will not hinder the normal sales of the related products [3][5]. - The inquiry response confirms that the company has the necessary qualifications to deliver the large ground support equipment and simulation training systems, which are integral to its measurement and control equipment development business [5][4]. Group 3: Product Development and Market Demand - The planned electromechanical integration products, including cargo loading systems and side rail components, are designed to enhance operational efficiency for military applications, with existing customer relationships established over years of collaboration [6][10]. - The company has successfully passed project evaluations with key clients, ensuring a high degree of certainty for future mass production of the planned products [11][16]. - The defense budget in China is projected to grow, indicating a favorable market environment for military-related products, with the company positioned to meet the increasing demand [15][16].