天溯计量发布招股意向书 募资4.24亿元推动扩产增项实现规模化发展

Company Overview - Shenzhen Tiansu Measurement and Testing Co., Ltd. (Tiansu Measurement) has officially initiated its A-share listing process on the Shenzhen Stock Exchange, aiming to issue 16.3043 million shares, accounting for 25% of the total post-issue share capital, with a fundraising target of 424 million yuan [1] - Established in 2009, Tiansu Measurement is a national, comprehensive independent third-party measurement and testing service provider, specializing in calibration, testing, and certification services [1] - The company has developed a wide range of calibration services across ten fields, including geometric, thermal, mechanical, electromagnetic, radio, time and frequency, acoustic, optical, chemical, and ionizing radiation, totaling 1,417 calibration services [1] Market Position and Client Relationships - Tiansu Measurement has established 27 laboratories nationwide, achieving a "grid" layout for market coverage, enabling rapid response and efficient service [2] - The company has long-term partnerships with major enterprises such as Shougang Group, China Railway, China National Nuclear Corporation, State Grid, and China Railway Construction, resulting in a high customer retention rate and stable revenue [2] - Tiansu Measurement focuses on strategic emerging industries, enhancing its technical capabilities through independent research and development, and has developed twelve core technologies that support innovation in downstream industries [2] Financial Performance - The company's revenue and net profit have shown a positive growth trend, with revenues of 726 million yuan, 800 million yuan, and 409 million yuan for the years 2023, 2024, and the first half of 2025, respectively [2] - Corresponding net profits were 101 million yuan, 111 million yuan, and 55.5762 million yuan for the same periods, indicating a stable financial performance [2] Industry Trends and Policy Support - The Ministry of Industry and Information Technology has issued a policy document aimed at enhancing measurement innovation in the manufacturing sector, outlining 14 key tasks to improve measurement capabilities [3] - This policy is expected to create more development opportunities for measurement companies, facilitating technological innovation and market expansion, thereby supporting high-quality development in the manufacturing industry [3]