恒运昌科创板IPO过会，公司是否具有较强成长性等被追问

Core Viewpoint - Shenzhen Hengyun Chang Vacuum Technology Co., Ltd. has successfully passed the IPO review for the Sci-Tech Innovation Board, aiming to raise approximately 1.469 billion yuan [1] Company Overview - Hengyun Chang is a core component supplier for semiconductor equipment, focusing on the research, production, sales, and technical services of plasma RF power systems, plasma excitation devices, plasma DC power supplies, and various accessories [1] - The company provides comprehensive solutions for core components surrounding plasma technology, including the introduction of vacuum acquisition and fluid control components [1] IPO Details - The IPO application was accepted on June 13, 2025, and entered the inquiry phase on July 6 of the same year [1] - The company plans to raise around 1.469 billion yuan through this IPO [1] Market and Client Considerations - The listing committee has requested Hengyun Chang to explain its growth potential in relation to market demand, major client revenue proportions, and client development [1] - The committee also emphasized the need for the company to disclose risks related to performance fluctuations and the impact of client concentration on its independence and sustainability of cooperation with major clients [1]