GRGTEST(SZ:002967) Chang Jiang Shang Bao·2025-07-27 23:53Core Viewpoint - The company, Guangdian Measurement, is planning to raise funds through a private placement to enhance its strategic capacity in various high-tech sectors, aiming to solidify its position as a leading testing enterprise in China [1][4]. Group 1: Fundraising and Strategic Investment - Guangdian Measurement intends to issue shares to no more than 35 specific investors, raising up to 1.3 billion yuan for investments in satellite internet, aviation equipment, AI chips, and data intelligence [1][4]. - The funds will be allocated to six projects, including 300 million yuan for aviation equipment testing, 250 million yuan for AI chip testing, and 300 million yuan for satellite internet quality assurance [4]. - The company has a history of fundraising, having raised 614 million yuan during its IPO and 1.5 billion yuan in a previous private placement [5]. Group 2: Growth and Financial Performance - Guangdian Measurement has shown consistent revenue growth from 153 million yuan in 2012 to an expected 3.207 billion yuan in 2024 [8]. - The company forecasts a net profit of 95 million to 100 million yuan for the first half of 2025, reflecting a year-on-year growth of 19.20% to 25.48% [8]. - The gross profit margin has remained stable around 40% in recent years, indicating a solid financial performance [3][9]. Group 3: Research and Development - The company invests over 10% of its annual revenue into R&D, with projected R&D expenditures of 354 million yuan in 2024 [1][7]. - Since its establishment, Guangdian Measurement has participated in the development of 255 national and industry standards and has been awarded 539 patents, showcasing its strong innovation capabilities [7].