Core Viewpoint - Xinjiang Kailong Clean Energy Co., Ltd. has received acceptance for its IPO application from the Beijing Stock Exchange, aiming to raise 400 million yuan for enhancing natural gas purification and recovery capabilities [2][5] Group 1: Company Overview - Kailong Clean Energy was established in 2011, primarily engaged in the purification and recovery of natural gas from oil and gas fields, as well as natural gas power generation and transmission [5] - The company has faced issues in the past, including undisclosed major matters related to shareholder entrustment during its time on the New Third Board from July 2016 to April 2019 [5] Group 2: Financial Performance - In 2024, Kailong Clean Energy reported revenue of 537 million yuan, a year-on-year decline of 9.92%, and a net profit of 44 million yuan, down 8.14% year-on-year, marking the first instance of both revenue and net profit decline since 2016 [6] - For the first three quarters of 2025, the company achieved revenue of 577 million yuan, a year-on-year increase of 44.24%, while net profit remained at 44 million yuan, reflecting an ongoing decline in profitability metrics since 2022 [6] Group 3: Regulatory and Compliance Issues - During the IPO preparation, two subsidiaries of Kailong Clean Energy faced administrative penalties totaling 1.15 million yuan for various compliance issues, including safety and environmental violations [2] - The company has also encountered delays in accounting for fixed assets that have been accepted [2]
凯龙洁能IPO：盈利能力下滑态势延续 曾因股权代持未披露终止挂牌
Xi Niu Cai Jing·2026-01-09 04:02