唐兴科技董事长多名亲属持股任职，40岁堂弟唐飞任董秘、财务总监及证券部部长

Core Viewpoint - Anhui Tangxing Equipment Technology Co., Ltd. (referred to as "Tangxing Technology") has received acceptance for its IPO application on the Beijing Stock Exchange, with a focus on underground space engineering excavation equipment [1][2]. Company Overview - Tangxing Technology specializes in the research, design, manufacturing, sales, maintenance, and leasing of non-excavation complete equipment and key components, primarily producing full-face tunnel boring machines (including pipe jacking machines, shield machines, and TBMs) [2]. Shareholding Structure - As of the signing date of the prospectus, the controlling shareholders and actual controllers are Tang Suwen, Tang Ximing, and Ma Yunshu, holding 31.09%, 31.09%, and 20.73% of the shares respectively. Together, they control 95.94% of the voting rights [4][5]. Management Team - Tang Suwen serves as the Chairman and General Manager, while Tang Ximing and Ma Yunshu hold positions as Directors and Deputy General Managers, significantly influencing the company's operational decisions [4][5]. Financial Performance - The company's projected revenues for 2022, 2023, and 2024 are 323 million yuan, 390 million yuan, and 373 million yuan, with net profits of 66.95 million yuan, 76.79 million yuan, and 69.01 million yuan respectively. A decline in both revenue and net profit is expected in 2024 [6]. - For the first quarter of 2025, the company achieved a revenue of 90.23 million yuan, representing a year-on-year growth of 49.98%, with a net profit of 15.43 million yuan, up 35.32% from the previous year [7].