金钛股份：收到北交所上市申请第二轮审核问询函

Core Viewpoint - The company, Chaoyang Jinda Titanium Industry Co., Ltd. (referred to as "Jintai Co."), has received a second round inquiry letter from the Beijing Stock Exchange regarding its application for public stock issuance and listing, raising concerns about revenue verification, performance decline risks, and other operational aspects [1] Group 1: Company Overview - Jintai Co. is primarily engaged in the research, production, and sales of sponge titanium series products, positioning itself as a high-tech enterprise [1] - The company has over a decade of experience in high-end sponge titanium products and has established itself as a leading domestic and internationally recognized production base in this sector [1] - Jintai Co. is a core member of the titanium industry supply chain in China [1] Group 2: Regulatory Concerns - The inquiry letter from the Beijing Stock Exchange addresses several issues, including the sufficiency of revenue verification and risks associated with declining performance [1] - Additional concerns include the verification of significant fixed asset additions, accuracy of cost accounting, and the lack of a hazardous chemical safety production license [1] - The company is also required to clarify its capacity utilization and the impact of fixed asset depreciation, as well as the accuracy of research and development expense accounting and the differences in gross margin compared to peer companies [1]