海昌智能年入8亿元冲击北交所IPO，曾因关联交易未准确披露收警示函

Core Viewpoint - Hebi Haichang Intelligent Technology Co., Ltd. (referred to as "Haichang Intelligent") has submitted its IPO application to the Beijing Stock Exchange, focusing on high-performance wiring harness equipment and intelligent solutions for various industries, including automotive, information communication, and photovoltaic energy storage [1][2]. Financial Summary - As of December 31, 2024, total assets are projected to be approximately CNY 989.91 million, an increase from CNY 793.70 million in 2023 and CNY 743.53 million in 2022 [3]. - Total equity is expected to reach CNY 509.85 million by the end of 2024, up from CNY 394.40 million in 2023 and CNY 273.30 million in 2022 [3]. - Revenue for the years 2022, 2023, and 2024 is reported as CNY 520.30 million, CNY 652.28 million, and CNY 799.64 million respectively, indicating a growth trend [3]. - The net profit for the same years is CNY 107.64 million, CNY 121.09 million, and CNY 114.76 million, showing fluctuations in profitability [3]. - The gross profit margin has decreased from 37.74% in 2022 to 34.21% in 2024 [3]. - The company’s R&D expenditure as a percentage of revenue is projected to be 7.40% in 2024, compared to 8.21% in 2023 and 6.13% in 2022 [3]. Ownership and Control - Hebi Jurin holds 22.30% of the shares and indirectly controls 13.41% of the voting rights, totaling 35.71% of the voting rights, making it the controlling shareholder [5]. - The actual controllers of the company include seven individuals, with Yang Yongjun serving as the chairman [5][6]. - The seven individuals collectively hold 90.83% of Hebi Jurin's equity, which allows them to exercise significant control over the company's decision-making processes [5]. Regulatory Compliance - Haichang Intelligent faced regulatory actions due to inaccurate disclosures regarding its relationship with Henan Tuoshuo Industrial Co., Ltd., resulting in warning letters from the China Securities Regulatory Commission [8].