北斗院科创板IPO获受理 达晨财智等明星机构“力挺”
Shang Hai Zheng Quan Bao·2025-11-21 18:45

Core Viewpoint - Changsha Beidou Industry Safety Technology Research Institute Group Co., Ltd. (referred to as "Beidou Institute") has successfully submitted its IPO application to the Sci-Tech Innovation Board, marking its second attempt to enter the capital market [1] Group 1: Business Focus and Financial Performance - Beidou Institute specializes in satellite navigation and aerospace measurement and control, with three main business directions: navigation simulation and testing, time-space security and enhancement, and aerospace measurement and control [2] - The company's revenue for the years 2022, 2023, 2024, and the first half of 2025 was approximately CNY 243 million, CNY 285 million, CNY 325 million, and CNY 112 million respectively, with net profits of approximately CNY 76 million, CNY 82 million, CNY 83 million, and CNY 15 million [2] - In the first half of this year, the revenue contribution from the three main business areas was 57.21%, 20.83%, and 21.96% respectively [2] Group 2: IPO Details and Fundraising - Beidou Institute aims to meet the listing standards of the Shanghai Stock Exchange's Sci-Tech Innovation Board, with an expected market value of no less than CNY 1 billion and positive net profits in the last two years totaling no less than CNY 50 million [3] - The company plans to raise CNY 709 million through this public offering, which will be used for product upgrades, industrialization projects, research and development center projects, information system construction, and working capital [3] Group 3: Shareholding Structure and Control - Beidou Institute was established in August 2016, with major shareholders including Guokefangwu and Hunan Zhongdian Huarong Enterprise Management Co., Ltd. [4] - As of the signing date of the prospectus, the actual controllers hold a combined voting power of 58.56%, with significant involvement from various investment entities [4][5] - Dachen Zhongxiao holds 6.10% of the total shares, with Dachen Caizhi acting as the executive partner [6]