佳宏新材拟冲北交所：上半年营收净利双降，董事长69岁母亲任董事

Core Viewpoint - Wuhu Jiahong New Materials Co., Ltd. (referred to as "Jiahong New Materials") has completed its guidance report for its initial public offering (IPO) and plans to list on the Beijing Stock Exchange, with Dongwu Securities as the advisory institution [1]. Company Overview - Jiahong New Materials was established in 2002 and has focused on the research, production, and sales of electric heating products, including self-regulating heating cables, constant power heating cables, temperature controllers, accessories, and electric heating system engineering [1]. Financial Performance - In the first half of 2025, Jiahong New Materials achieved operating revenue of 172 million yuan, a year-on-year decrease of 1.84% - The net profit attributable to the parent company was 27.25 million yuan, down 22.82% year-on-year - The decline in net profit is attributed to a decrease in gross profit margin and an increase in period expenses [1]. Management and Control - The controlling shareholder of Jiahong New Materials is Xu Chunan, who directly holds 70.53% of the shares and indirectly controls an additional 4.78%, totaling 75.31% of the voting rights [1]. - Xu Chunan's mother, Wang Jianjun, holds 7.92% of the shares, bringing their combined direct ownership to 78.45% [1]. - Xu Chunan serves as the chairman and general manager of Jiahong New Materials, while Wang Jianjun is a board member, indicating their significant influence in the company's decision-making [2]. Key Personnel Background - Xu Chunan, born in November 1983, has a master's degree from HEC Paris and has held various management positions within the company since 2005, including chairman and general manager since August 2016 [2]. - Wang Jianjun, born in August 1956, has a background in the rubber and cable industry, having held various roles from cashier to factory manager before becoming a board member of Jiahong New Materials [3].