Zhong Guo Jing Ji Wang·2025-11-26 12:57Core Viewpoint - The review meeting of the Beijing Stock Exchange for Jiangsu Yongda Chemical Machinery Co., Ltd. has resulted in a postponement of the review process for the company's public offering [1] Group 1: Company Overview - Jiangsu Yongda Chemical Machinery Co., Ltd. specializes in the research, design, manufacturing, sales, and related technical services of pressure vessels in various fields including basic chemicals, coal chemicals, refining and petrochemicals, photovoltaics, and pharmaceuticals [1] - The company has developed a product system focused on non-standard pressure vessels, including reaction pressure vessels, heat exchange pressure vessels, separation pressure vessels, and storage pressure vessels [1] Group 2: Shareholding Structure - As of the signing date of the prospectus, Li Changzhe holds 86.56% of the company’s shares, making him the controlling shareholder [2] - Li Changzhe's son, Li Jin, and daughter-in-law, Gu Xiuhong, also hold significant shares, with Li Jin owning 1,080,000 shares (7.74%) and Gu Xiuhong owning 2,400,000 shares (17.20%) [2] Group 3: Fundraising and Project - The company plans to publicly issue up to 46,520,000 shares, with a total fundraising target of 457.81 million yuan, aimed at the construction of the first phase of a heavy chemical equipment production base [3] Group 4: Review Opinions and Inquiries - The review committee has requested further verification from the sponsor and the reporting accountant regarding the reasonableness and effectiveness of the sales internal control measures for the photovoltaic project, as well as the sufficiency of revenue recognition basis and the recoverability of accounts receivable [4] - Key inquiries include the adequacy of revenue recognition, the stability of operating performance, and the risks associated with accounts receivable in the photovoltaic business [5]