Core Viewpoint - Shenzhen Tian Su Measurement and Testing Co., Ltd. is progressing towards its IPO, with a focus on enhancing its measurement calibration and testing services in response to national policies aimed at advancing the manufacturing measurement system by 2027 [1][12][14] Company Overview - Tian Su Measurement is a national, comprehensive independent third-party measurement and testing service provider, established in 2009, specializing in calibration, testing, and certification services across various sectors including biomedicine, automotive, new energy, and rail transportation [2][4] - The company has developed a wide service network with 1,417 calibration services across ten measurement calibration fields, and has established laboratories in multiple regions [4][7] Business Growth - The company has seen significant revenue growth from 5.97 billion CNY in 2022 to 8 billion CNY in 2025 (first half), with a compound annual growth rate (CAGR) of 15.75% from 2022 to 2024 [4] - The revenue from battery testing services has increased from 52.54 million CNY in 2022 to 113 million CNY in 2024, achieving a CAGR of 46.75% [4] Future Development Strategy - The company plans to establish a nationwide laboratory network consisting of 34 calibration laboratories and 8 testing bases to enhance its measurement and testing capabilities [5][11] - Future investments will focus on the Shenzhen headquarters measurement project, regional laboratory construction, and digital center development, with a total fundraising target of 424 million CNY [8][9][10] Innovation and R&D - Tian Su Measurement has invested a total of 107.87 million CNY in R&D from 2022 to the first half of 2025, with a focus on enhancing its technological capabilities and service quality [6][7] - The company holds 133 patents and has developed twelve core technologies that support various strategic emerging industries, reflecting its commitment to innovation [7][8] Industry Context - The measurement and testing industry is recognized as a strategic emerging industry in China, with government policies promoting its development and marketization [12][13] - The industry is experiencing a trend towards concentration, with larger institutions capturing a significant share of the market, indicating a favorable environment for companies like Tian Su Measurement [11][14]
计量、检测双业务赛道布局 天溯计量助力行业升级
Xin Hua Wang·2025-10-11 02:05