Venture(US:VEMLY) Zheng Quan Shi Bao Wang·2025-06-27 06:08Core Viewpoint - Liqi Intelligent, a provider of integrated solutions for material intelligent processing systems, has been accepted for IPO on the Shenzhen Stock Exchange, aiming to raise 1.008 billion yuan [1]. Group 1: Company Overview - Liqi Intelligent focuses on automated material handling, including automatic batching, dispersion emulsification, and mixing, providing comprehensive solutions in this field [3]. - The company offers a one-stop service that includes consulting, design, manufacturing, installation, debugging, training, and after-sales support, with applications in lithium battery manufacturing, fine chemicals, and composite materials [3]. - The company has developed customized and intelligent material handling systems, covering the entire process from feeding, measuring, conveying, pre-treatment, to mixing, dispersion, reaction, and drying [3]. Group 2: Technology and Innovation - Liqi Intelligent's products are equipped with an intelligent integrated control system that enables data interaction with factory MES, allowing for real-time production data uploads, automatic work order issuance, process assistance analysis, and proactive equipment maintenance [3]. - The company emphasizes the customization of non-standard equipment and systems based on client needs, enhancing operational efficiency and reducing labor requirements through automation [3]. Group 3: Clientele and Market Position - The client base includes leading global lithium battery manufacturers such as CATL, BYD, and LG Energy, as well as renowned automotive manufacturers like Volkswagen and Ford [4]. - Liqi Intelligent also serves major players in the fine chemicals sector and large composite material companies, indicating a strong market presence [4]. Group 4: Financial Performance - The company reported revenues of 619 million yuan, 1.721 billion yuan, and 2.173 billion yuan for the years 2022 to 2024, with net profits of 107 million yuan, 239 million yuan, and 270 million yuan respectively [4]. Group 5: IPO Fund Utilization - The IPO proceeds of 1.008 billion yuan will be allocated to projects including the establishment of an intelligent manufacturing production base for automated processing equipment, a research and development center, and to supplement working capital [4][5]. - The production base project aims to expand and upgrade capacity, overcoming production bottlenecks and enhancing market competitiveness [5]. - The R&D center will support advanced research facilities and establish experimental lines, strengthening the company's technological capabilities and product competitiveness [5].