南特科技北交所IPO过会，公司募投项目的合理性和必要性等问题被追问

Core Viewpoint - Zhuhai Nante Technology Co., Ltd. has successfully passed the IPO review on August 8, 2023, and plans to raise approximately 286 million yuan for its projects [1][2] Group 1: Company Overview - Nante Technology is a high-tech enterprise primarily engaged in the research, production, and sales of precision mechanical components [1] - The company’s IPO was accepted on December 30, 2024, and entered the inquiry phase on January 23, 2025 [1] Group 2: Fundraising and Investment Plans - The company aims to raise around 286 million yuan, with the net proceeds after issuance costs to be fully invested in the second phase of the Anhui high-end precision parts production base and the expansion and R&D capability enhancement project in Zhuhai [1] Group 3: Regulatory Requirements - The listing committee requested Nante Technology to explain why its precision component product gross margins are lower than those of comparable company United Precision, despite superior processing quality parameters [1] - The committee also required the company to clarify the reasons for the higher sales growth rate to Gree Electric Appliances compared to Midea Group, and to analyze its competitive advantages and potential substitution risks [1][2] - Additionally, the company must reasonably assess its existing production capacity based on asset scale as of March 31, 2025, and the operational status of its East China base, alongside analyzing the rationality and necessity of the fundraising projects [2]