Core Viewpoint - Zhongcheng Consulting Group Co., Ltd. (stock code: 920003) was listed on the Beijing Stock Exchange, opening at 42.00 CNY and closing at 38.54 CNY, with a significant increase of 170.08% and a trading volume of 462 million CNY, reflecting strong market interest and volatility [1]. Company Overview - Zhongcheng Consulting specializes in providing professional technical services including engineering cost, bidding agency, engineering supervision and management, BIM services, and overall consulting services [1]. Shareholding Structure - The controlling shareholder of Zhongcheng Consulting is Xu Xuele, who directly holds 29,109,222 shares (57.40% before issuance) and has an indirect control of 15,000,000 shares, resulting in a total control of 86.98% of voting rights [2]. - After the issuance, Xu Xuele's direct shareholding decreased to 44.98%, with an indirect control of 23.18%, totaling 68.16% of voting rights [3]. Financial Performance - From 2022 to 2024, Zhongcheng Consulting reported revenues of 303.43 million CNY, 368.39 million CNY, and 395.63 million CNY, with net profits of 64.36 million CNY, 81.06 million CNY, and 105.39 million CNY respectively [7]. - For the first half of 2025, the company achieved a revenue of 191.13 million CNY, a decrease of 4.08% year-on-year, and a net profit of 53.29 million CNY, down 2.66% year-on-year [8]. Fundraising and Investment Plans - The company raised approximately 199.78 million CNY through the issuance of 14 million shares at a price of 14.27 CNY per share, with net proceeds of about 173.16 million CNY after deducting issuance costs [5]. - The raised funds will be allocated to projects including engineering consulting service network construction and R&D and information technology projects, with total planned investments of 199.89 million CNY [6]. Future Projections - For the first nine months of 2025, Zhongcheng Consulting expects revenues between 26 million CNY and 27 million CNY, representing a decline of 2.56% to 6.17% compared to the previous year [12]. - The projected net profit for 2025 is estimated at 101.02 million CNY, a decrease of 4.14% from 2024 [12].
中诚咨询上市募2亿首日涨170% 预计今年营收净利均降