楚大智能北交所IPO撤单：国投证券保荐，创新性被两次问询

Core Viewpoint - Hubei Chuda Intelligent Equipment Co., Ltd. has decided to terminate its application for public offering and listing on the Beijing Stock Exchange, following the submission of a withdrawal request after two rounds of inquiries [1][3]. Company Overview - Chuda Intelligent is a national high-tech enterprise and a "little giant" enterprise recognized for its specialization and innovation, providing key equipment and intelligent system solutions for glass packaging containers and products [3]. - The company ranks second in the overall scale of bottle-making machines in China's daily glass specialized equipment manufacturing industry and holds the first market share in the niche market of intelligent rotary bottle-making machines [3]. Financial Performance - The company reported revenues of 183 million yuan, 210 million yuan, and 300 million yuan for the years 2021, 2022, and 2023, respectively. The net profits attributable to the parent company were 11.29 million yuan, 14.82 million yuan, and 44.56 million yuan during the same period [3]. IPO Process and Inquiries - The IPO application was accepted by the Beijing Stock Exchange on June 26, 2024, but was withdrawn after two rounds of inquiries, which raised questions about the company's innovation characteristics and sustainability of performance growth [3][5]. - The first round of inquiries focused on the revenue contribution of core technology products, which exceeded 98% in each reporting period, including forming equipment and automated batching systems [6]. - The second round of inquiries required the company to explain the intelligent features of its products and their alignment with industry trends, as well as to provide a competitive analysis against domestic and international peers [8].