海安橡胶过会：今年IPO过关第19家 国泰海通过2单

Group 1 - The core point of the article is that Hai'an Rubber Group Co., Ltd. has been approved for listing on the Shenzhen Stock Exchange, marking it as the 19th company to pass the review this year [1] - Hai'an Rubber's main business includes the research, production, and sales of giant all-steel radial tires for engineering machinery, as well as the operation management of mining tires [1][2] - The company plans to issue no more than 46,493,334 shares, which will account for at least 25% of the total share capital after the issuance [2] Group 2 - Hai'an Rubber aims to raise approximately 295.23 million yuan, which will be allocated to the expansion of all-steel giant engineering radial tire production and the upgrade of automated production lines, the construction of a research and development center, and to supplement working capital [2] - The main questions raised during the listing committee meeting included the sustainability of the projected compound annual growth rate of 20% in revenue from 2025 to 2027 and the feasibility of the proposed fundraising projects [3][4] - The controlling shareholder of Hai'an Rubber is Fujian Xinhui Investment Group Co., Ltd., which holds 28.32% of the shares, while the actual controller, Zhu Hui, directly holds 19.50% and indirectly holds 28.32% through Xinhui Group, totaling 47.82% [1]