天元重工IPO：57岁董事长唐明控股64%，30岁儿子唐昱远任证券部经理

Core Viewpoint - Tianyuan Heavy Industry Co., Ltd. has received acceptance for its IPO on the Beijing Stock Exchange, with First Capital Securities as the sponsor [2] Group 1: Company Overview - Tianyuan Heavy Industry is a leading provider of bridge stress products and comprehensive services in China, focusing on the research, design, manufacturing, installation, and technical services of bridge stress products [2] - The company's products and services include bridge stress components such as saddles and clamps, as well as bridge steel structures and related maintenance and quality inspection services [2] Group 2: Financial Performance - The company's operating revenues from 2022 to 2025 (first half) are reported as follows: 585 million yuan, 701 million yuan, 613 million yuan, and 190 million yuan respectively [4] - Net profits for the same period are reported as 39.80 million yuan, 54.87 million yuan, 58.34 million yuan, and 8.40 million yuan respectively [4] - For the fiscal year 2025, Tianyuan Heavy Industry expects to achieve operating revenues between 615 million and 650 million yuan, representing a growth of 0.34% to 6.05% compared to 2024 [5] Group 3: Shareholder Structure - As of the date of the prospectus, Guanjin Technology directly holds 53,461,314 shares, accounting for 31.23% of the total share capital, making it the controlling shareholder of the company [7] - Tang Ming, who holds 59.62% of Guanjin Technology and 71.42% of Tianyuan Machinery, controls a total of 64.28% of the company's shares [7] Group 4: Management Background - Tang Ming, born in August 1968, has held various positions in the industry, including serving as the chairman and executive director of Tianyuan Machinery since May 2001 [8] - Tang Yuyuan, born in July 1995, has been involved in the company since 2018 and currently serves as the securities department manager and employee representative director [9]