Core Viewpoint - Wu Hao, a prominent figure in the capital market, is attempting to take Yaan Baitu High-tech Materials Co., Ltd. public on the Beijing Stock Exchange after a failed IPO attempt on the ChiNext board [1][2]. Company Performance - Baitu's revenue grew from 172 million to 349 million yuan from 2020 to 2022, achieving a compound annual growth rate of 42.4% [1]. - In 2023, Baitu's revenue and net profit attributable to non-recurring gains and losses decreased by 18.33% and 43.48%, respectively, leading to the withdrawal of its ChiNext IPO application [2]. Listing Challenges - Baitu faces significant challenges in meeting the listing requirements for the Beijing Stock Exchange, particularly in terms of weighted average return on net assets and revenue growth rate [4]. - The company plans to increase R&D investment to enhance its technological innovation capabilities to meet the listing criteria [4]. Future Outlook - Wu Hao aims to transform Baitu into an outstanding platform company in the new materials sector, indicating a long-term vision rather than a quick exit strategy [4][5]. - The journey to listing is seen as a test of both Wu Hao's investment acumen and strategic capabilities in the capital market [7].
百图股份重启上市路:资本大佬吴昊掌舵,业绩波动下北交所前景几何?
Sou Hu Cai Jing·2025-09-03 22:50