汉桑科技: 首次公开发行股票并在创业板上市招股说明书

Company Overview - Hansong (Nanjing) Technology Limited is a leading comprehensive supplier of high-end audio products and technology solutions, with over 20 years of experience in the high-end audio field [3][4] - The company aims to enhance its comprehensive strength through the IPO, focusing on R&D in high-end audio technology and products, and recruiting high-tech talent to improve original technology capabilities and product value [3][4] Market Position and Challenges - China has become the largest manufacturing and export region for audio products globally, but the industry primarily relies on OEM manufacturing, facing challenges such as low technological barriers, high competition, and insufficient innovation capabilities [2] - The company has a high dependency on overseas markets, with foreign sales accounting for 98.01%, 98.01%, and 97.41% of total revenue during the reporting periods [15][16] Financial Performance - The company reported revenues of 138,632.75 million yuan, 103,137.90 million yuan, and 25,365.44 million yuan over the last three years, indicating a solid capacity for sustainable operations [8] - The company has faced foreign exchange losses due to its high reliance on USD transactions, with losses of -12.68 million yuan, -14.63 million yuan, and -18.34 million yuan in the respective reporting periods [15] Future Development Strategy - The company plans to use the funds raised from the IPO to invest in advanced production facilities, technology, and human resources to enhance production efficiency and break through capacity bottlenecks [4][7] - The future growth strategy includes focusing on audio technology innovation, expanding both domestic and overseas markets, and developing three main business lines: audio IoT modules, ODM audio systems, and smart audio-video systems [8][9] Corporate Governance - The company has established a modern corporate governance structure, including a board of directors, supervisory board, and independent directors, to ensure effective governance and decision-making [4][6] - The introduction of market-oriented investors aims to optimize the shareholding structure and improve governance mechanisms for long-term development [3][4]