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中裕铁信IPO:毛利率逆势大涨,控制权高度集中下的上市疑云
Sou Hu Cai Jing· 2025-08-01 05:44
瞭望塔财经前言:一条蹊跷的增长曲线背后,藏着这家交通配套产品供应商冲击IPO的艰难跋涉。 2023年12月,公司改弦更张,与东方证券承销保荐有限公司签订辅导协议,并在月底向河北证监局报送北交所上市辅导备案材料。2024年1月3日,河北证监 局受理备案申请,公司正式进入辅导期。 "在产能利用率不足30%的情况下仍坚持扩产,上市必要性存疑。"两年前,当中裕铁信交通科技股份有限公司(以下简称"中裕铁信")首次递交创业板IPO 申请时,市场曾对其募资计划提出尖锐质疑。 如今,这家公司再度站上IPO的十字路口。瞭望塔财经通过证监会官网了解到,2025年6月30日,中裕铁信披露最新招股书,申报深交所创业板上市。但细 察其发展轨迹,从2023年创业板申请,到2024年转战北交所,最终又回到创业板的"反复横跳"之间,公司经营数据浮现出更多待解谜题。 1、资本征途:曲折上市路,保荐机构更迭背后的波折三年 中裕铁信的IPO之路堪称一波三折。公司最初于2023年3月向深交所创业板递交申请,计划募资5.5亿元。当时保荐机构为中银国际证券,但该次尝试未能成 功。 2024年发生戏剧性变化。因东方证券吸收合并东方投行,自2024年9月2 ...
长信科技5年资深副总因“违纪”被免!狂揽特斯拉、华为订单,24年净利增47.7%,难掩治理透明度隐忧
Xin Lang Zheng Quan· 2025-07-31 08:00
Core Viewpoint - The sudden dismissal of Zou Zheng, the Vice President of Wuhu Changxin Technology Co., Ltd., raises concerns about potential undisclosed issues within the company, despite the firm stating that this will not adversely affect daily operations [2][3][4]. Company Overview - Wuhu Changxin Technology reported impressive financial results for 2024, with revenue reaching 11.058 billion yuan, a year-on-year increase of 24.4%, and a net profit of 357 million yuan, up 47.7% year-on-year [9]. - The company ranks third in net profit among domestic listed companies in the panel industry for 2022 and serves major global brands such as BOE, Tesla, BYD, Huawei, Apple, and Samsung [10]. Management and Governance - The dismissal of Zou Zheng, who joined the company in 2014 and became Vice President in August 2020, reflects the company's commitment to internal discipline and governance [3][11]. - The independent board's endorsement of the decision enhances the credibility of the company's governance processes [11]. Market Reaction and Future Outlook - The market's reaction to the dismissal indicates underlying investor concerns about transparency and potential risks, despite the company's strong performance and strategic ambitions [5][12]. - The company operates in both consumer electronics and automotive electronics sectors, indicating a broad business scope and future growth potential [11]. - The incident serves as a stress test for the company, highlighting the need for effective communication with investors to maintain trust and confidence in management stability and governance transparency [12].