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天溯计量IPO过会 公司业绩增长是否具有可持续性被追问
Bei Jing Shang Bao·2025-10-16 14:30

Core Viewpoint - Shenzhen Tian Su Measurement and Testing Co., Ltd. has successfully passed the IPO review for the ChiNext board, aiming to raise approximately 424 million yuan for various projects and working capital [1] Company Overview - Shenzhen Tian Su Measurement specializes in measurement calibration, testing, and certification services, serving multiple sectors including biomedicine, automotive, new energy, rail transportation, energy and power, light industry, and equipment manufacturing [1] IPO Details - The IPO application was accepted on June 29, 2023, and entered the inquiry stage on July 22, 2023 [1] - The company plans to invest the raised funds in enhancing measurement and testing capabilities at its Shenzhen headquarters, constructing regional measurement testing laboratories, developing a digital center, and supplementing working capital [1] Market Considerations - During the listing committee meeting, the committee requested the company to explain the sustainability of its performance growth in light of its high sales expense ratio and low R&D investment intensity, considering industry technological upgrades and competitive dynamics [1]