深圳天溯计量检测股份有限公司首次公开发行股票并在创业板上市之上市公告书提示性公告

Listing Overview - Shenzhen Tiansu Measurement Testing Co., Ltd. will list its ordinary shares on the Shenzhen Stock Exchange's ChiNext board on December 23, 2025 [1] - The total share capital after the IPO will be 65,217,392 shares, with 16,304,348 shares being newly issued [4] Risk Factors - The stock will have no price limit for the first five trading days, followed by a 20% limit, which may lead to significant price volatility [1] - The stock can be used as a margin trading target from the first trading day, introducing price fluctuation, market, margin call, and liquidity risks [2] - The initial circulation of shares will be limited, with only 13,913,261 shares available for trading, representing 21.33% of the total share capital [3] Valuation Metrics - The company's IPO price is set at 36.80 yuan per share, resulting in a diluted price-to-earnings (P/E) ratio of 21.78, which is lower than the industry average P/E ratio of 40.50 [8] - The average static P/E ratio for the professional technical service industry is reported at 35.72 as of December 9, 2025 [5][8] Financial Considerations - There is a risk that the stock price may fall below the IPO price after listing, which could impact investor returns [9] - The company may experience a decline in return on equity (ROE) due to a significant increase in net assets from the IPO, while profit growth may lag [10]