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破发股蓝盾光电前3季亏损 2020上市募11亿华龙证券保荐

Core Viewpoint - The financial performance of 蓝盾光电 (Blue Shield Optoelectronics) has shown significant declines in revenue and net profit for the third quarter of 2025 compared to the previous year, indicating potential challenges for the company moving forward [1][2]. Financial Performance Summary - For the first three quarters of 2025, the company reported a revenue of 272.25 million yuan, a year-on-year decrease of 21.33% [1][2]. - The net profit attributable to shareholders was -59.02 million yuan, compared to -636,290 yuan in the same period last year, reflecting a substantial decline [1][2]. - The net profit after deducting non-recurring gains and losses was -60.25 million yuan, down from -1.08 million yuan year-on-year [1][2]. - The net cash flow from operating activities was -21.84 million yuan, an improvement from -63.35 million yuan in the previous year [1][2]. Previous Year Comparison - In 2024, 蓝盾光电 achieved a revenue of 609.43 million yuan, a decrease of 5.22% from 642.99 million yuan in 2023 [3]. - The net profit attributable to shareholders in 2024 was 6.49 million yuan, down 84.55% from 41.98 million yuan in 2023 [3]. - The net profit after excluding non-recurring items was -14.22 million yuan, a significant drop from 18.68 million yuan in the previous year [3]. - The net cash flow from operating activities in 2024 was 81.57 million yuan, a substantial increase of 882.62% compared to 8.30 million yuan in 2023 [3]. Initial Public Offering (IPO) Details - 蓝盾光电 raised a total of 1.12 billion yuan from its IPO, with a net amount of 1.08 billion yuan after deducting issuance costs [4]. - The company initially planned to raise 690 million yuan for various projects, including the construction of a research center and production base [4]. - The issuance costs amounted to 42.14 million yuan, with underwriting fees constituting a significant portion of this amount [4].