三瑞智能IPO，实控人巧妙脱钩对赌协议

Core Viewpoint - The IPO application of Nanchang Sanrui Intelligent Technology Co., Ltd. has been officially accepted, marking the end of a "zero acceptance" situation in the ChiNext market for the year [2] Company Development - Sanrui Intelligent was established in October 2009 with an initial registered capital of 50,000 yuan, contributed by Wu Min and Wan Zhijian [3] - The company has undergone five rounds of capital increases and one equity transfer since its inception [2] - The first external shareholder was introduced in June 2021, increasing the registered capital from 28 million yuan to 30.1412 million yuan [3] - As of April 2023, the registered capital was further increased to 30.744 million yuan [3] Equity Changes - In March 2023, an equity transfer occurred where 602,800 yuan of capital was transferred to four new shareholders [3] - The company completed a share reform in April 2023, with a net asset value of 322.0491 million yuan used as the basis for share conversion [3][7] - The total share capital was adjusted to 140.46 million shares, with a par value of 1 yuan per share [3] Investment Agreements - Prior to the debt-to-equity conversion, several investors signed a betting agreement that granted them special rights, including repurchase rights and priority subscription rights [4] - In March 2023, a 2% equity stake was sold for 40 million yuan, which terminated the repurchase obligations of certain shareholders [6] - Following the share reform, all betting clauses between the involved parties were completely lifted [7]