国仪量子海外市场收入规模猛长，90后董事长贺羽秉承“为国造仪”

Core Viewpoint - Guoyi Quantum Technology (Hefei) Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board, aiming to enhance its capabilities in high-end scientific instrument development and expand its market presence [3] Company Overview - Established in 2016, Guoyi Quantum has a registered capital of 360 million yuan and focuses on R&D of high-end scientific instruments, serving primarily universities, research institutions, and corporate clients [3] - As of the signing date of the prospectus, the company holds 129 invention patents related to its main business [3] Financial Performance - The company has not yet achieved profitability, with significant R&D and sales expenditures leading to high expense ratios: 140.64%, 74.73%, 60.17%, and 96.00% for different periods [4] - The net losses for the respective periods were 168 million yuan, 169 million yuan, 104 million yuan, and 7.39 million yuan, with an accumulated deficit of 427 million yuan as of June 30, 2025 [4] - Management expects a substantial reduction in net loss for the first half of 2025 and anticipates profitability by 2026 [5] R&D and Talent - The company invested a total of 412 million yuan in R&D, accounting for 35.46% of total revenue during the reporting period, with a decreasing R&D expense ratio from 75.34% in 2022 to 23.13% in 2024 [6][7] - As of June 2025, the company employed 192 R&D personnel, representing 31.37% of total employees, with 78.27% holding a bachelor's degree or higher [7] Market Expansion - Guoyi Quantum has seen significant growth in overseas market revenue, with contributions rising from 0.83% to 12.06% from 2022 to 2024, and a compound annual growth rate of over 500% in sales to foreign end customers [7] - The company plans to raise 265 million yuan through the IPO to establish application centers in key domestic and international regions, facilitating scale expansion and targeting quality customer groups [7]