临工重机IPO：前海投资为主要投资者，A股上市未果后投资者退出
Sou Hu Cai Jing·2025-12-05 23:57

Core Viewpoint - Lingong Heavy Machinery Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, aiming to leverage its position as a leading global provider of mining and aerial work equipment through innovative and sustainable solutions [2]. Group 1: Company Overview - Lingong Heavy Machinery was established in February 2012 with a registered capital of 50 million yuan, fully owned by Lingong Group [2]. - The company increased its registered capital to 350 million yuan from November 2013 to August 2020, funded entirely by Lingong Group [2]. - As of the application submission, Lingong Group holds a 55.5% stake in Lingong Heavy Machinery, with Wang Zhizhong controlling 94.86% of Lingong Group, making him the actual controller of Lingong Heavy Machinery [3]. Group 2: Financing and Investment - The company raised 159 million yuan and 1.52 billion yuan in A and B rounds of financing in December 2021 and June 2022, respectively [2]. - Major investors include Qianhai Investment, Huachen Venture Capital, China International Capital Corporation (3908.HK), and others, with Qianhai Investment controlling 10.24% of the company after acquiring a 4.85% stake for 210 million yuan in May 2022 [3]. - In December 2024, Lingong Heavy Machinery signed a counseling agreement with China International Capital Corporation for A-share listing, although it did not constitute a formal listing application [3]. Group 3: Shareholder Changes - In August 2024, Shanhighongjin exited its investment in Lingong Heavy Machinery, with Qianhai Investment and Jifu Venture Capital acquiring the shares for a total of approximately 96.66 million yuan [3]. - Shaanxi Guohua liquidated its shares in Lingong Heavy Machinery for 251 million yuan, with the new investors including Industrial Securities and Luzhou Investment [3]. - The company has four employee stock ownership platforms collectively holding 5.06% of the shares, all controlled by Meng Sheng, who also holds a direct stake of 4.06% through share swaps [5].