刚刚！IPO审1过1

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. has received approval for its IPO application from the Beijing Stock Exchange, indicating a positive outlook for the company's growth and market entry [1]. Group 1: Company Overview - The company specializes in the research, production, and sales of high-performance thermosetting composite materials, with key products including epoxy molding compounds, liquid epoxy encapsulants, silicone gels, phenolic molding compounds, and conductive silver pastes [4]. - Chuangda New Materials was established in October 2003 and transitioned to a joint-stock company in February 2015, with its stock code being 873294 [4]. - As of June 30, 2025, the company had a total of 46 employees and six wholly-owned subsidiaries [4]. Group 2: Financial Performance - The company's revenue for the reporting period was as follows: 31,132.73 million yuan, 34,481.10 million yuan, 41,904.61 million yuan, and 21,146.75 million yuan [7]. - The net profit attributable to the parent company during the same period was 2,053.85 million yuan, 4,624.67 million yuan, 5,877.95 million yuan, and 3,208.71 million yuan [7]. - The total assets as of June 30, 2025, were 644.27 million yuan, with total equity amounting to 564.70 million yuan [8]. Group 3: Shareholding Structure - The major shareholders include Zhang Jun, Xixin Investment, Lu Nanping, and Mianyang Huili, with respective shareholdings of 15.87%, 11.11%, 7.67%, and 17.22% [5]. - Zhang Jun and Lu Nanping are the actual controllers of the company, holding significant voting rights through their direct and indirect shareholdings [6]. Group 4: Listing Standards - The company has chosen to meet the listing standards set by the Beijing Stock Exchange, which require a market value of no less than 200 million yuan, net profits of at least 15 million yuan in the last two years, and an average return on equity of no less than 8% [10]. Group 5: Inquiry Issues - The main inquiry issues raised during the review include the authenticity of operating performance, the necessity and rationality of fundraising projects, and the revenue recognition of specific projects [11].