Zhong Guo Jing Ji Wang·2025-08-16 06:16Core Viewpoint - Harbin Itada Dapeng Industrial Co., Ltd. has been approved for IPO by the Beijing Stock Exchange, marking it as the 43rd company to pass the review this year, with a focus on precision cleaning equipment for the automotive and new energy sectors [1][9]. Company Overview - Dapeng Industrial specializes in the production of intelligent equipment for industrial precision cleaning, primarily serving the automotive powertrain and new energy three-electric systems [1]. - The company is also expanding into machine vision inspection products, creating a second growth curve for its development [1]. Shareholding Structure - As of the signing date of the prospectus, Bode Industrial holds 68.72% of Dapeng Industrial's shares, making it the controlling shareholder [2]. - Li Pengtang directly holds 11.81 million shares (25.42%) and indirectly holds 26.24 million shares (56.48%) through Bode Industrial, controlling a total of 43.74 million shares (94.13%) of voting rights [2]. IPO Details - Dapeng Industrial plans to publicly issue up to 15 million shares, with a public holding ratio of no less than 25% post-issue [3]. - The company may utilize an overallotment option of up to 2.25 million shares, bringing the total potential issuance to 17.25 million shares [3]. - The funds raised, totaling approximately 15.39 million yuan, will be allocated to the second phase of the intelligent industrial cleaning equipment production R&D base, a machine vision inspection equipment R&D center, and to supplement working capital [3]. Review Opinions - The review committee requested a comprehensive analysis of the necessity and reasonableness of the 25 million yuan allocation for working capital, considering the company's cash flow and project funding needs [4]. Inquiry Issues - The review raised questions regarding the authenticity of operating performance, sustainability of earnings, and the rationale behind the fundraising projects, requiring the issuer and its underwriters to provide detailed explanations and justifications [5].