两名中科大博士联手冲击科创板！公司报告期内尚未盈利

Core Viewpoint - Guoyi Quantum Technology (Hefei) Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board, focusing on high-end scientific instrument development for various fields including quantum technology and biomedicine since its establishment in December 2016 [1] Group 1: Company Overview - Guoyi Quantum aims to provide high-end scientific instruments to global universities and research institutions, adhering to the philosophy of "Creating Instruments for the Nation" [1] - The actual controllers of the company, He Yu and Rong Xing, hold a combined 34.87% voting rights, with both being PhD graduates from the University of Science and Technology of China [1] Group 2: Financial Performance - The company's revenue for the reporting period (2022 to 2025) is projected to grow from 151 million to 501 million, with a compound annual growth rate of 81.94% [2] - Despite revenue growth, the company has not yet achieved profitability, with net profits projected to improve significantly by 2025 and expected to turn positive in 2026 [2] - Cumulative R&D investment over the last three years amounts to 361 million, representing 34.29% of total revenue [2] Group 3: Cash Flow and Management - The company has consistently reported negative net cash flow from operating activities, although the outflow has been decreasing over time [3] - Key management personnel have seen salary increases during the reporting period, with total compensation rising from 4.19 million to 5.01 million [3] Group 4: Client Base and Accounts Receivable - The company serves a diverse range of domestic and international clients, with the top five clients contributing a decreasing percentage of total revenue, from 26.62% to 13.41% [3] - Accounts receivable have increased significantly, with the balance reaching 1.47 billion by mid-2025, representing 86.08% of revenue for that period [3] Group 5: IPO and Fundraising - The company plans to raise approximately 1.169 billion for high-end scientific instrument projects, quantum technology research, and application center network construction [4]