Core Viewpoint - The article discusses the recent IPO counseling filings of seven companies, highlighting their business focus, financial performance, and challenges faced in the IPO process. Group 1: Company Profiles - Jinlong New Materials specializes in military tents and camping supplies, with a production capacity of 10 million sets of binding materials and 100,000 tents annually [4][5] - Saikesaisi, a high-tech enterprise in the field of biomedical materials, has faced multiple IPO application failures and regulatory warnings due to internal control issues [9][10] - Guodian Cable focuses on the research, production, and sales of electric cables, reporting increasing revenue but declining profits [15] - Oushangyuan is an organic acid equipment supplier aiming for an IPO on the ChiNext board, with a focus on technology design and equipment supply [18][19] - Xinghe Power, a commercial aerospace company, has achieved significant milestones in satellite launches and is valued at over 150 billion RMB [25][26] - Bangsheng Technology, a big data software developer, has previously attempted to list on the Sci-Tech Innovation Board but withdrew its application [30][31] - Kangbaijia Pharmaceutical operates over 2,000 stores, primarily in Fujian, and has recently expanded through acquisitions [35] Group 2: Financial Performance - Jinlong New Materials has a registered capital of 100.9 million RMB and is controlled by its founder, holding 68.31% of the shares [4][5] - Saikesaisi's revenue from 2021 to 2023 was 437 million, 436 million, and 379 million RMB, with net profits showing a slight increase followed by a decline [10] - Guodian Cable's projected revenues for 2023 and 2024 are 1.548 billion and 2.055 billion RMB, respectively, with net profits of 94.05 million and 77.92 million RMB, indicating a situation of increasing revenue but decreasing profit [15] - Bangsheng Technology reported revenues of 101 million, 196 million, and 270 million RMB from 2020 to 2022, with net losses each year [31] Group 3: IPO Challenges - Saikesaisi has faced regulatory scrutiny and warnings from the Shenzhen Stock Exchange, leading to the withdrawal of its IPO application in 2025 [9][10] - Guodian Cable's financial performance raises concerns about its ability to attract investors due to the increase in revenue without corresponding profit growth [15] - Bangsheng Technology's previous attempt to list on the Sci-Tech Innovation Board was unsuccessful, leading to a renewed effort for an IPO [30][31]

Core Viewpoint - Zhejiang Bangsheng Technology Co., Ltd. has restarted its IPO counseling with plans to list on the A-share market after previously withdrawing its application for the Sci-Tech Innovation Board [1][2]. Company Overview - Zhejiang Bangsheng Technology Co., Ltd. was established on May 28, 2010, with a registered capital of 58.075081 million yuan [1]. - The actual controller, Wang Xinyu, holds a 22.0606% stake in the company, which does not have a controlling shareholder [1]. - The company specializes in big data foundational software development and related application solutions, focusing on the research of real-time intelligent platforms for big data [3]. Financial Performance - In 2022, the company reported operating revenue of 270.0235 million yuan, an increase from 195.5224 million yuan in 2021 and 100.8559 million yuan in 2020 [4]. - The net profit for 2022 was -80.5772 million yuan, slightly worse than -79.1112 million yuan in 2021 and -30.4205 million yuan in 2020 [4]. - The basic and diluted earnings per share for 2022 were both -1.67 yuan, compared to -1.71 yuan in 2021 and -1.04 yuan in 2020 [4]. - The weighted average return on net assets was -21.02% in 2022, improving from -24.44% in 2021 but worse than -14.72% in 2020 [4]. - Research and development expenses accounted for 26.90% of operating revenue in 2022, consistent with 26.91% in 2021 but down from 40.01% in 2020 [4]. IPO Counseling - The company has re-engaged with China Galaxy Securities Co., Ltd. and Xiangcai Securities Co., Ltd. for its IPO counseling, with the agreement signed on September 28, 2025 [3]. - Other participating advisory firms include Beijing Jindu Law Firm and Rongcheng Accounting Firm [3].