刚刚！IPO审1过1，科创板第四套标准

Core Viewpoint - Xi'an Yiswei Materials Technology Co., Ltd. has received approval for its IPO application on the Sci-Tech Innovation Board, indicating a significant step towards public listing and capital raising [2]. Group 1: Company Overview - The company specializes in the research, production, and sales of 12-inch silicon wafers, which are essential for various types of chips used in smartphones, personal computers, data centers, IoT, smart cars, and robotics [4]. - Established in March 2016, the company transitioned to a joint-stock company in March 2023, with a total share capital of 350 million shares before the issuance [4]. - As of the end of 2024, the company employs a total of 1,941 people [4]. Group 2: Financial Performance - The company's revenue for the reporting period was 1,054.69 million yuan, 1,473.76 million yuan, and 2,121.45 million yuan, showing a growth trend [6]. - The net profit attributable to the parent company for the same period was -415.53 million yuan, -692.34 million yuan, and -762.55 million yuan, indicating ongoing losses [6]. Group 3: Shareholding Structure - The direct controlling shareholder is Yiswei Group, which, along with its concerted actors, controls 25.68% of the company's shares [5]. - Yiming Technology holds 52.40% of Yiswei Group's equity, making it the indirect controlling shareholder [5]. - The actual controllers are Wang Dongsheng and his associates, who collectively control 67.92% of the shares of Yiswei Group [5]. Group 4: Key Questions from the Listing Committee - The listing committee raised concerns regarding the stability of control rights based on the shareholding structure and the sufficiency of the basis for identifying actual controllers [7]. - Questions were also posed regarding the future profitability analysis in light of industry trends, competitive landscape, and market demand for the company's products [7].