IPO获受理！这家营收8.9亿的黑马胶企加速冲刺北交所上市

Core Viewpoint - The company, Jiangyin Bont Technology Co., Ltd., is focused on the research, production, and sales of various adhesive products, including aluminum foil tape, paper-based tape, and fabric-based tape, with a total investment of approximately 28.18 billion yuan for expansion and development projects [1][3]. Financial Performance - The company's revenue from 2022 to the first half of 2025 shows a steady increase, with figures of 734 million yuan, 806 million yuan, 890 million yuan, and 411 million yuan respectively for each period [2]. - Net profit for the same periods was reported as 47.88 million yuan, 50.10 million yuan, 52.51 million yuan, and 27.56 million yuan [2]. - Research and development expenses have also increased, with amounts of 21.12 million yuan, 24.72 million yuan, 26.92 million yuan, and 14.05 million yuan, representing 2.88%, 3.07%, 3.02%, and 3.42% of revenue respectively [2]. Project Investments - The company plans to raise 282 million yuan through an IPO to fund the expansion of functional adhesive products, the construction of a research and development center, and to supplement working capital [3]. Asset and Equity Overview - As of June 30, 2025, total assets amounted to approximately 775 million yuan, with total equity of about 400 million yuan [4]. - The company's debt-to-equity ratio has improved from 55.30% in 2023 to 46.98% in 2025 [4]. Revenue Breakdown by Product - In the first half of 2025, the revenue breakdown was as follows: aluminum foil tape (34.36%), paper-based tape (36.44%), fabric-based tape (16.75%), and facing materials (9.85%) [5]. - The total revenue for 2024 was 87.41 million yuan, with aluminum foil tape contributing 41.85% [5]. Profitability Metrics - The gross margin for aluminum foil tape improved to 20.37% in the first half of 2025, compared to 16.82% in 2024 [6]. - The overall gross margin for the company was reported at 15.28% for the first half of 2025 [6]. Major Clients - The top five clients in the first half of 2025 accounted for 13.41% of total sales, with Yiwu Shentian being the largest client [7].