Core Viewpoint - China Uranium Industry (001280.SZ) has announced its initial public offering (IPO) and plans to list on the main board, offering 248 million shares, which represents 12% of the total share capital post-issuance [1] Group 1: Company Overview - China Uranium Industry focuses on the comprehensive utilization of natural uranium and radioactive co-associated mineral resources, primarily engaging in the mining, sales, and trade of natural uranium resources, as well as the utilization and sales of products from minerals like monazite, uranium-molybdenum, and tantalum-niobium [1] - The company holds significant domestic and international natural uranium resources, with 6 exploration rights and 19 mining rights, positioning itself as one of the leading global suppliers of natural uranium [1] - According to WNA statistics, the top ten natural uranium producers accounted for over 90% of global production in 2022, with the company consistently ranking among the top ten producers globally, demonstrating strong operational scale and market presence [1] Group 2: Financial Performance - The company's revenue for the reporting period was 10.535 billion, 14.801 billion, 17.279 billion, and 9.551 billion, while net profits were 1.52 billion, 1.511 billion, 1.712 billion, and 871 million, indicating a stable expansion of business scale and overall growth in operational performance [1] Group 3: Fund Utilization - The funds raised from the IPO, after deducting issuance costs, will be allocated to several key projects, including in-situ leaching uranium extraction projects in Inner Mongolia and Xinjiang, as well as various technical upgrades and new material projects [2]