Core Viewpoint - Northern Laboratory (Shenyang) Co., Ltd. has been accepted for IPO on the Beijing Stock Exchange, focusing on cybersecurity services and IT consulting, leveraging eight key technologies for its operations [1] Financial Performance - Total assets are projected to reach approximately 896.51 million yuan by the end of 2024, up from 677.13 million yuan in 2023 and 480.51 million yuan in 2022 [2] - Total equity is expected to increase to about 547.41 million yuan in 2024, compared to 434.64 million yuan in 2023 and 352.45 million yuan in 2022 [2] - Revenue is forecasted to grow from 280.14 million yuan in 2022 to 328.00 million yuan in 2023, and further to 367.66 million yuan in 2024 [2] - Net profit is anticipated to remain stable at approximately 112.71 million yuan in 2024, slightly down from 116.65 million yuan in 2023, and similar to 113.27 million yuan in 2022 [2] - The gross profit margin is projected to improve to 69.26% in 2024 from 67.63% in 2023 and 65.47% in 2022 [2] - The company's asset-liability ratio is expected to be 37.05% in 2024, up from 35.88% in 2023 and 26.84% in 2022 [2] Shareholding Structure - Yang Lichun directly holds 40.77% of the company, while Zhang Jiannan holds 21.32% directly and an additional 7.10% indirectly, giving them combined control over 85.22% of the voting rights [4] Management Team - The company has appointed a new financial director, Bai Jie, effective December 9, 2024, following the resignation of the previous director [6] - The management team consists of 11 senior executives, including 8 vice presidents, with terms running from November 2023 to November 2026 [5]

Core Viewpoint - Northern Laboratory (Shenyang) Co., Ltd. has received acceptance for its IPO application on the Beijing Stock Exchange, with a focus on cybersecurity services and IT consulting [1] Company Overview - Northern Laboratory was established in 2003 and specializes in cybersecurity services and IT consulting, leveraging eight key core technologies including intelligent penetration testing and host attack monitoring [1] - The company previously applied for an IPO on the ChiNext board in June 2022 but withdrew its application in November 2022 [1] Financial Performance - For the fiscal years 2022 to 2024, the company's operating revenue is projected to grow from 280 million yuan to 368 million yuan, while net profit is expected to remain stable around 113 million yuan [2] - The total assets are forecasted to increase from approximately 480 million yuan in 2022 to about 896 million yuan in 2024, indicating significant growth [2] - The gross profit margin is expected to improve from 65.47% in 2022 to 69.26% in 2024, reflecting enhanced operational efficiency [2] Shareholding Structure - Yang Lichun directly holds 40.77% of the company's shares, while Zhang Jiannan holds 21.32% directly and an additional 7.10% indirectly, giving them combined control over 85.22% of the voting rights [4] - Yang Lichun and Zhang Jiannan are identified as the controlling shareholders and actual controllers of the company [4] Management Background - Yang Lichun has extensive experience in the electronics and cybersecurity sectors, having held various positions from engineer to director, and has been the chairman of Northern Laboratory since November 2020 [5] - Zhang Jiannan has a background in optical information technology and has served in multiple managerial roles within the company, currently acting as the vice chairman and general manager [6]