通宝光电北交所IPO过会，经营稳定性与业绩可持续性等被追问

Core Viewpoint - Changzhou Tongbao Optoelectronics Co., Ltd. has successfully passed the IPO review on November 13, aiming to raise 330 million yuan for its automotive electronic components manufacturing business [1] Company Overview - Tongbao Optoelectronics is positioned as a manufacturer of automotive electronic components, focusing on the research, production, and sales of automotive lighting systems, electronic control systems, and energy management systems [1] IPO Details - The company’s IPO was accepted on April 27, 2025, and it entered the inquiry stage on May 28 of the same year [1] - The planned fundraising amount for the IPO is 330 million yuan [1] Regulatory Concerns - The listing committee raised concerns regarding the stability and sustainability of the company's operations, particularly in relation to its major customers [1] - The committee requested clarification on the measures taken to address the risks associated with customer concentration and the potential impact of a "yearly reduction" policy implemented by major clients on future performance [1] - Additionally, the committee inquired about the effectiveness of inventory management, specifically regarding the "consignment warehouse" model and internal controls over inventory [1]