上海财经大学崔丽丽：企查查IPO能够让市场感受到基于数据产生的商业模式

Core Insights - Company Qichacha has officially begun its IPO process on the main board, aiming to raise approximately 1.5 billion yuan [1][2] - As of June 2025, Qichacha has surpassed 150 million registered users, indicating strong market presence and user engagement [2][3] - The company has shown steady revenue growth, with net profits exceeding 300 million yuan in 2024 [2][3] Company Overview - Qichacha is a professional commercial big data service provider, focusing on delivering accurate and efficient business data services to help users understand various commercial entities' credit, risks, opportunities, and information [2][3] - The company has been operational for 11 years since its establishment in 2014 and is positioned to become the first A-share listed company in the commercial big data sector, following the listing of its competitor Qixinbao [2][3] Financial Performance - Qichacha's revenue for the years 2022 to 2025 (first half) was approximately 518 million yuan, 618 million yuan, 708 million yuan, and 375 million yuan respectively, with corresponding net profits of about 190 million yuan, 259 million yuan, 317 million yuan, and 172 million yuan [3] - The company's main business revenue consistently accounted for 99.99% of total revenue during the reporting periods [3] Market Position and Future Prospects - The IPO process reflects the recognition of Qichacha's data compliance and business model value in the digital economy era, suggesting potential for more data-driven enterprises to gain market acceptance [3] - The capital market entry is expected to enhance Qichacha's brand recognition and facilitate domestic and international mergers and acquisitions, improving its business layout and industry synergy [4]