天溯计量IPO提交注册，计划募资4.24亿元

Core Viewpoint - Shenzhen Tian Su Measurement and Testing Co., Ltd. has submitted its prospectus for an IPO on the Growth Enterprise Market, aiming to raise approximately 424 million yuan for various projects and working capital [1][3]. Fundraising and Project Allocation - The company plans to raise 424 million yuan, with allocations as follows: 128 million yuan for enhancing measurement and testing capabilities at its Shenzhen headquarters, 175 million yuan for regional testing laboratory construction, 31.67 million yuan for a digital center, and 90 million yuan for working capital [3][4]. - Tian Su Measurement will initially use self-raised funds for projects before the IPO proceeds are available, with plans to replace these funds once the IPO capital is secured [3][4]. Business Overview - Tian Su Measurement is an independent third-party measurement and testing service provider, focusing on calibration, testing, and certification services across various sectors, including biomedicine, automotive, new energy, rail transportation, and power [5]. - The company's revenue for 2022, 2023, 2024, and the first half of 2025 is projected to be approximately 597 million yuan, 726 million yuan, 800 million yuan, and 409 million yuan, respectively, with net profits of about 84.39 million yuan, 101 million yuan, 111 million yuan, and 55.58 million yuan [5][6]. Financial Performance - The revenue from calibration services is a significant contributor to the company's performance, accounting for approximately 91.11%, 87.23%, 85.73%, and 84.05% of total revenue during the reporting periods [6]. - For the fiscal year 2025, the company anticipates revenue between 865 million yuan and 900 million yuan, representing a year-on-year growth of 8.11% to 12.48%, and a net profit of approximately 120 million yuan to 125 million yuan, reflecting a growth of 8.05% to 12.56% [7]. Company Structure and Shareholding - Tian Su Measurement was established in June 2009, with a registered capital of approximately 48.91 million yuan. The main shareholders include Gong Tianbao and Shenzhen Tian Su Measurement Management Center [7][8]. - Gong Tianbao holds a 69.31% stake, making him the controlling shareholder, while he and his spouse, Wu Baixiang, collectively control 85.86% of the voting rights [9][11].