Venture(US:VEMLY) Sou Hu Cai Jing·2025-09-11 03:31Core Viewpoint - Beijing Haochuang Ruitong Electric Equipment Co., Ltd. (referred to as "Haochuang Ruitong") has announced its initial public offering (IPO) and plans to list on the Shenzhen Stock Exchange's Growth Enterprise Market, with a share price set at 21.00 yuan per share and a total issuance of 27.9 million shares, raising approximately 586 million yuan [1][3]. Group 1: IPO Details - The total fundraising amount for Haochuang Ruitong is approximately 586 million yuan, with a net amount of about 516 million yuan after expenses [3]. - The company initially planned to raise around 477 million yuan, indicating that the final net amount slightly exceeds the original fundraising target [3]. - The funds will be allocated to various projects, including 117 million yuan for smart ring network cabinet production, 103 million yuan for smart pole switch production, 117 million yuan for a smart distribution research center, and 100 million yuan for working capital [3]. Group 2: Company Background - Haochuang Ruitong was established in February 2007, primarily engaged in the manufacturing of electrical machinery and equipment [3]. - The company has a registered capital of 82.1 million yuan, with major shareholders including Duan Youtao, Zhang Lingli, and Wang Jingwei [3][4]. - The actual controllers of the company are Duan Youtao and Zhang Lingli, who collectively hold 75.03% of the shares [4][5]. Group 3: Financial Performance - The company's projected revenues for 2022, 2023, and 2024 are approximately 560 million yuan, 672 million yuan, and 867 million yuan, respectively [5]. - Net profits for the same years are estimated to be around 68.76 million yuan, 87.41 million yuan, and 111 million yuan, with non-recurring net profits slightly higher [5]. - As of the end of 2024, total assets are expected to reach approximately 711.96 million yuan, with a net profit of about 111.29 million yuan and a basic earnings per share of 1.36 yuan [6].