更换投行再闯关 嘉晨智能北交所IPO过会 | A股融资快报

Company Overview - Jiachen Intelligent is a provider of electrical control systems and overall solutions in the industrial automation control industry, focusing on becoming a leader in the electric control systems for industrial vehicles [1] - The company's main products include motor drive control systems, complete machine control systems, and IoT products, with applications primarily in industrial vehicles and expanding into other engineering machinery and mobile robots [1] - The company adheres to an "import substitution" strategy, having developed core technologies such as motor control algorithms and power electronics integration design over more than a decade [1] Financial Performance - Jiachen Intelligent reported revenues of approximately 336 million yuan, 376 million yuan, 382 million yuan, and 191 million yuan for the years 2022 to 2024 and the first half of 2025, respectively [1] - Corresponding net profits for the same periods were approximately 56.62 million yuan, 49.27 million yuan, 57.37 million yuan, and 30.83 million yuan [1] Fundraising Projects - The company plans to publicly issue no more than 18 million shares to raise 260 million yuan, which will be invested in the construction of an electrical control system production base and a research and development center [1] Major Clients - Major clients include leading domestic industrial vehicle companies such as Hangcha Group, Anhui Heli, Noli Co., Longgong, and LiuGong, with a high customer concentration [2] - The top five clients accounted for 87.05%, 87.71%, 82.02%, and 80.31% of sales revenue from 2022 to 2024, with Hangcha Group being the largest client [2] Shareholding Structure - The controlling shareholder and actual controller of the company is Ms. Yao Xin, who directly holds 31,300,346 shares and indirectly controls an additional 4,453,779 shares, totaling 68.54% of the company's shares [3] Industry Landscape - The industrial vehicle electrical control system industry benefits from the trends of electrification and intelligence in industrial vehicles, with increasing demand driven by stricter environmental requirements and the promotion of the "dual carbon" strategy [3] - The company is recognized as a national-level specialized and innovative "little giant" enterprise, possessing strong technical accumulation and market position in the field of industrial vehicle electrical control [3]