"杭州六小龙"之一的群核科技招股书正式失效

Core Viewpoint - The IPO application of Qunhe Technology has officially lapsed due to the expiration of the six-month validity period, requiring the company to prepare new listing materials [1][2]. Company Overview - Qunhe Technology, established in 2011, focuses on spatial design software and utilizes AI technology along with specialized graphics processing unit clusters to create a physically accurate world simulator [1]. - The company is recognized as the largest spatial design platform globally based on average monthly active users in 2023 and holds approximately 22.2% market share in China by revenue, leading the industry [1]. Financial Performance - Qunhe Technology operates on a subscription model, with revenue increasing from 601 million yuan in 2022 to 664 million yuan in 2023, reflecting a growth of 10.5% [1]. - For the first nine months of 2024, the company reported revenue of 553 million yuan, a year-on-year increase of 13.8% compared to the same period in 2023 [1]. - The gross profit margins were 72.7% in 2022 and improved to 76.8% in 2023 [1]. - The annual loss decreased from 704 million yuan in 2022 to 646 million yuan in 2023, marking an 8.2% reduction [1]. Product Portfolio - Qunhe Technology's product offerings include the spatial design software KuJiaLe and its overseas version Coohom, along with a virtual environment training platform for AI-generated content, embodied AI, augmented reality/virtual reality, and robotics [1]. Market Context - Qunhe Technology is part of the "Hangzhou Six Little Dragons," a group of innovative tech companies from Hangzhou, Zhejiang, showcasing strong innovation capabilities in their respective fields [2]. - The lapse of the IPO application indicates that Qunhe Technology must re-submit an updated prospectus if it intends to pursue listing again [2].