有研复材科创板IPO通过上市委会议 拟募资9亿元

Core Viewpoint - Youyan Composite Materials (Beijing) Co., Ltd. plans to raise 900 million RMB through the Science and Technology Innovation Board, with CITIC Securities as the sponsor, focusing on the development and production of metal composite materials and special non-ferrous metal alloy products [1] Group 1: Business Overview - Youyan Composite Materials is a high-tech enterprise primarily engaged in the research, production, and sales of metal composite materials and special non-ferrous metal alloy products [1] - The company's main products include metal matrix composite materials, bimetallic composite materials, special aluminum alloy products, and special copper alloy products, which are widely used in aerospace, military electronics, smart terminals, and home appliances [1] - The company has developed innovative products such as ultra-thin mobile phone battery compartments using aluminum matrix composites, achieving large-scale applications in smartphones [1] Group 2: Financial Performance - The company's revenue from metal composite materials and products was approximately 4.03 billion RMB in 2022, 4.98 billion RMB in 2023, and is projected to reach 6.1 billion RMB in 2024, with 2.4 billion RMB reported for the first half of 2025 [4] - The net profit for the same periods was approximately 751.06 million RMB in 2022, 619.14 million RMB in 2023, 684.39 million RMB in 2024, and 141.64 million RMB in the first half of 2025 [4] - The total assets of the company as of June 30, 2025, were approximately 9.96 billion RMB, with a debt-to-asset ratio of 18.30% for the parent company [5] Group 3: Market Position and Clients - The company holds a leading position in the domestic market for smart meters and has established itself as a supplier for major clients in the aerospace and military electronics sectors, including subsidiaries of China Aviation Industry Corporation and China Electronics Technology Group [3]