IPO上会在即！中科仪累计分红2.4亿！

Core Viewpoint - China Academy of Sciences Shenyang Instrument Co., Ltd. (referred to as "Company") is preparing for its IPO on the Beijing Stock Exchange, with a review by the listing committee scheduled soon, and has shown growth in revenue despite a slight decline in gross margin [1][5]. Company Overview - The Company was established in 2001 and is a provider of core components for semiconductor manufacturing equipment and vacuum scientific instruments, controlled by China Academy of Sciences Holdings Co., Ltd. [2] - The Company specializes in dry vacuum pumps and vacuum scientific instruments, primarily serving the integrated circuit wafer manufacturing and photovoltaic battery sectors [2]. - The Company has three national-level R&D platforms and has received multiple national science and technology awards, establishing itself as a leader in vacuum technology and scientific instruments in China [2]. Market Position - The Company is the largest domestic manufacturer of dry vacuum pumps in the integrated circuit sector and the only one achieving mass application in advanced processes [3]. - Its products meet the production needs of advanced logic chips and 3D NAND storage, with successful applications in leading domestic wafer manufacturing companies [3]. IPO Details - The Company aims to raise 825 million yuan through the IPO, with funds allocated for industrialization of dry vacuum pumps, expansion of high-end semiconductor equipment, and R&D projects [4]. Financial Performance - Revenue for the Company during the reporting period (2022-2025) was 698 million yuan, 852 million yuan, 1.082 billion yuan, and 574 million yuan, indicating a growth trend [5]. - Net profit figures were 498 million yuan, 600 million yuan, 193 million yuan, and 138 million yuan, with significant fluctuations in net profit due to holdings in listed companies [5]. - The Company distributed a total of 240.5 million yuan in cash dividends over the reporting period, with specific distributions noted in 2023 and 2024 [6]. Gross Margin Analysis - The Company's gross margin showed a slight decline over the reporting period, with figures of 28.66%, 33.02%, 29.44%, and 28.15%, attributed to market competition and price reductions [5][6].