包良清父子控制87.18%表决权，东方测控IPO前夕包才溢上任副董事长

Core Viewpoint - Dongfang Measurement and Control Technology Co., Ltd. (referred to as Dongfang Measurement and Control) has recently had its IPO accepted on the Sci-Tech Innovation Board, with Guotai Junan Securities Co., Ltd. as the sponsor [3] Company Overview - Dongfang Measurement and Control was established in June 2013 and provides intelligent online detection and analysis equipment, intelligent control systems, and related services for various industries including non-ferrous and ferrous metal mining, coal, cement, metallurgy, wind power, and petrochemicals [3] - The company has a diversified equity structure, with Dongfang Measurement and Control Group as the absolute controlling shareholder, an employee stock ownership platform binding the core team, and external institutional investors providing resource support [3] Shareholding Structure - Dongfang Measurement and Control Group directly holds 68.07% of the shares, making it the controlling shareholder, while 8 out of 9 board members are nominated by the Group [3] - The actual controllers, Bao Liangqing and Bao Caiyi, directly hold 15.06% of the shares and control 72.12% of the voting rights through various entities, totaling 87.18% of the voting rights [4] Financial Highlights - The company plans to issue no more than 29.7 million new shares, accounting for at least 25% of the total share capital post-issuance, aiming to raise 1.1 billion yuan, which values Dongfang Measurement and Control at approximately 4.4 billion yuan, reflecting a 91.30% increase in valuation over the past three years [5] Management Background - Bao Liangqing, born in 1957, has been with the company since its inception and has served as both General Manager and Chairman for nearly 30 years [7] - Zhao Hongtao, a Dalian University of Technology alumnus, will succeed Bao Liangqing as General Manager in July 2025, while Bao Caiyi has held various roles within the company since joining [7] - In 2024, Bao Liangqing and Bao Caiyi received a combined salary of 1.6811 million yuan, while Zhao Hongtao earned slightly more than Bao Caiyi [7]