四川乳企冲刺IPO的关键时刻：实控人身体有恙，美国女婿代行董事长职责

Core Viewpoint - Sichuan Jule Food Co., Ltd. (Jule Co.) is undergoing a leadership transition as Chairman Tong Enwen temporarily steps down due to health reasons, with Gao Zhaohui appointed as acting chairman [2][4]. Company Leadership - Tong Enwen, the actual controller of Jule Co., holds 35.58% of Jule Group's shares, which in turn owns 45.87% of Jule Co. He also directly holds 26.51% of Jule Co. shares [4]. - Gao Zhaohui, who has been with Jule Co. for 14 years, is currently the director and general manager, but does not hold any shares in the company [6][7]. Family Relations - Gao Zhaohui is related to Tong Enwen through marriage, as he is married to Tong Enwen's daughter, Tong Zhu [6]. Financial Performance - Jule Co.'s revenue has shown consistent growth from 994 million yuan in 2020 to 1.641 billion yuan in 2024, with net profit increasing from 130 million yuan to 232 million yuan over the same period [11]. - Despite this growth, Jule Co. remains a regional brand, with its revenue concentrated in Chengdu, Sichuan, and significantly lower than competitors like New Dairy, which reported 10.67 billion yuan in revenue [11]. IPO Progress - Jule Co. has faced challenges in its IPO attempts, initially targeting the Shenzhen Stock Exchange before shifting to the Beijing Stock Exchange, where it has recently submitted its IPO application [9]. - The company must maintain a stable actual controller for 24 months to meet the listing requirements, which could be impacted by the current leadership change [9]. R&D Investment - Jule Co.'s R&D expense ratios from 2022 to 2024 were 0.43%, 0.30%, and 0.31%, respectively, which are significantly lower than industry averages [9].