有研复材IPO：融资9亿，两次分红近2800万元

Core Viewpoint - Youyan Metal Composite Materials (Beijing) Co., Ltd. has successfully passed the listing review for its IPO on the Sci-Tech Innovation Board, with a fundraising target of 900 million yuan for various projects [1] Group 1: IPO and Fundraising - The company plans to issue up to 159 million shares and raise 900 million yuan, which will be allocated to the second phase of the advanced metal matrix composite materials industrialization project, a research and development center, and to supplement working capital [1] - The specific allocation of the raised funds includes 644 million yuan for the industrialization project, 130 million yuan for the R&D center, and 126 million yuan for working capital [2] Group 2: Production Capacity and Utilization - The second phase of the advanced metal matrix composite materials industrialization project aims to add production capacity of 5.1 million functional composite materials and devices, and 12.5 million structural composite materials and devices [2] - Current production capacity for battery compartments and mobile phone frames is set to expand by 5 million and 6 million units respectively, which represents an increase of 1.13 times and 5.66 times over existing capacities [3] - As of June, the company had orders amounting to approximately 165.89 million yuan related to the products of the fundraising projects, with capacity utilization rates for metal matrix composites and mobile phone frames at 99.3% and 99.29% respectively, although there was a noticeable decline in the first half of the year [3][4] Group 3: Financial Performance and R&D - The company reported a significant drop in asset-liability ratio from 39.35% to 24.11%, with cash reserves of 62 million yuan sufficient to cover short-term debts [7] - R&D expenses fluctuated significantly, with rates exceeding industry averages, indicating a strong commitment to innovation [8][9] - The company has a stable increase in R&D personnel, with over 10% of employees engaged in R&D, and a high proportion of patents being acquired through inheritance rather than original creation [10][11]