Company Overview - Full Name: Guoke Tianceng Technology Co., Ltd [1] - Abbreviation: Guoke Tianceng [1] - Stock Code: 301571.SZ [1] - IPO Application Date: June 10, 2022 [1] - Listing Date: August 21, 2024 [1] - Listing Board: Shenzhen ChiNext [1] - Industry: Manufacturing of Computers, Communications, and Other Electronic Devices [1] - IPO Sponsoring Institution: Guotai Junan Securities [1] - IPO Underwriters: Guotai Junan Securities [1] - IPO Legal Counsel: Beijing King & Wood Mallesons (Chengdu) [1] - IPO Audit Firm: BDO China Shu Lun Pan Certified Public Accountants [1] Disclosure and Regulatory Compliance - Disclosure Issues: Required to remove outdated regulations with weak relevance to the main business and to further verify shareholder information [1] - Regulatory Penalties: No penalties imposed [1] - Public Supervision: No penalties imposed [1] - Listing Cycle: 803 days, exceeding the average of 629.45 days for 2024 A-share listings [1] - Multiple Applications: Not applicable, no penalties [1] Financial Metrics - Underwriting and Sponsorship Fees: CNY 38.9767 million, with a commission rate of 7.80%, higher than the average of 7.71% [1] - Initial Listing Performance: Stock price increased by 220.02% on the first day [1] - Three-Month Performance: Stock price increased by 332.05% within three months [1] - Issuance Price-Earnings Ratio: 15.76 times, significantly lower than the industry average of 32.29 times, representing 48.81% of the industry average [1] - Actual Fundraising: Expected to raise CNY 559 million, but actual amount raised was CNY 500 million, a decrease of 10.57% [1] Short-Term Performance Post-Listing - Revenue Growth: 36.93% year-on-year increase in revenue for 2024 [1] - Net Profit Growth: 36.18% year-on-year increase in net profit attributable to shareholders [1] - Non-Recurring Net Profit Growth: 24.55% year-on-year increase in non-recurring net profit attributable to shareholders [1] Subscription Metrics - Abandonment Rate: 0.24% [1] Overall Assessment - Total Score for IPO Project: 80.5 points, classified as Grade B [1] - Negative Factors Affecting Score: Disclosure quality needs improvement, listing cycle exceeds two years, high issuance cost ratio, reduced actual fundraising amount, and abandonment rate of 0.24% [1]
国泰君安保荐国科天成IPO项目质量评级B级上市周期超两年