Core Viewpoint - Beikong Testing Technology Co., Ltd. (Beikong Testing) was listed on the Beijing Stock Exchange, closing at 26.50 yuan with a significant increase of 295.52% on the first day of trading, indicating strong market interest and investor confidence in the company’s growth potential [1]. Company Overview - Beikong Testing specializes in inspection and testing services for non-ferrous metal resources, including research and development of testing technology, technical services, and instrument development [1]. - The company’s business scope includes testing of ores, smelting products, environmental samples, recycled resources, advanced materials, and testing agents [1]. Shareholding Structure - Prior to the IPO, Mining Technology Group Co., Ltd. (Mining Group) held 86.11% of Beikong Testing, with an additional 1.53% held indirectly through Beijing Mining Research Institute, totaling 87.64% [1]. - After the IPO, Mining Group remains the controlling shareholder with a reduced stake of 65.73% [1]. Financial Performance - Beikong Testing reported revenues of 91.74 million yuan in 2022, 110.47 million yuan in 2023, and projected revenues of approximately 148.02 million yuan for 2024 [4][6]. - The net profit attributable to the parent company was 31.96 million yuan in 2022, increasing to 45.58 million yuan in 2023, with projections for 2024 indicating further growth [5][6]. Fundraising and Investment Plans - The IPO raised a total of 189.74 million yuan, with a net amount of 172.48 million yuan after expenses [3]. - The funds will be allocated primarily to the development of advanced testing instruments and to supplement working capital, with 79.74% of the funds directed towards the R&D base [4]. Future Projections - For the first nine months of 2025, Beikong Testing anticipates revenues between 134 million yuan and 139 million yuan, representing a year-on-year growth of approximately 26.87% to 31.61% [7][8]. - The projected net profit for the same period is expected to be between 58 million yuan and 64 million yuan, indicating a growth rate of 25.08% to 38.02% [8].
北矿检测上市募1.9亿首日涨296% 被问业绩增长持续性