Core Viewpoint - Jiangsu Gaokai Precision Fluid Technology Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board, with Guotai Junan as the sponsor [2] Group 1: IPO Details - The company plans to raise 1.5 billion yuan through the IPO, allocating 1.01 billion yuan for high-end semiconductor equipment component R&D and industrialization, 240 million yuan for R&D center construction, and 250 million yuan for working capital [5] - Gaokai Technology, established in 2013, is a leading enterprise in the precision fluid control sector, focusing on the R&D, production, and sales of key control components and related equipment [5] Group 2: Financial Performance - The company's total assets are projected to grow from 409.41 million yuan in 2022 to 836.35 million yuan by June 30, 2025 [6] - Revenue is expected to increase from 165.2 million yuan in 2022 to 423.17 million yuan in 2024, reflecting a compound annual growth rate (CAGR) of 60.13% from 2022 to 2024 [6] - Net profit attributable to the parent company is forecasted to rise from 15.4 million yuan in 2022 to 99.76 million yuan in 2024 [6] Group 3: Shareholding and Management - Liu Jianfang is the controlling shareholder, holding 39.99% of the company's shares [8] - In 2024, five executives will have salaries exceeding 1 million yuan, with the chairman Liu Jianfang earning 1.2653 million yuan [9]

Core Viewpoint - Jiangsu Gaokai Precision Fluid Technology Co., Ltd. has been accepted for IPO on the Sci-Tech Innovation Board, indicating its growth potential in the precision fluid control sector [2] Company Overview - Established in 2013, Gaokai Technology is a leading enterprise in the precision fluid control field, focusing on the R&D, production, and sales of key control components and related equipment [2] Financial Performance - The company reported total assets of 836.35 million yuan as of June 30, 2025, up from 409.41 million yuan in 2022, reflecting a significant growth trajectory [3] - Revenue figures show a compound annual growth rate (CAGR) of 60.13% from 2022 to 2024, with revenues of 165 million yuan in 2022, 226 million yuan in 2023, 423 million yuan in 2024, and projected 242 million yuan for the first half of 2025 [3] - Net profit attributable to the parent company increased from 15.40 million yuan in 2022 to 99.76 million yuan in 2024, with a projected net profit of 54.42 million yuan for the first half of 2025 [3] Shareholding Structure - Liu Jianfang is the controlling shareholder, holding 39.99% of the company's shares directly and indirectly [5] Leadership Background - Liu Jianfang, born in 1975, holds a PhD in Mechanical Design and Theory, with extensive experience in academia and industry, including roles as a professor and general manager at Gaokai Technology [6]

Core Viewpoint - Jiangsu Gaokai Precision Fluid Technology Co., Ltd. (referred to as "Gaokai Technology") has officially submitted its application for listing on the Sci-Tech Innovation Board, aiming to raise approximately 1.5 billion yuan for high-end semiconductor equipment component R&D, R&D center construction, and working capital supplementation [1][4]. Company Overview - Established in 2013, Gaokai Technology focuses on the R&D, production, and sales of key control components and related equipment in the precision fluid control field [3]. - The company has developed three core business segments: flow control series, dispensing packaging series, and precision coating series, with applications in semiconductor, consumer electronics, automotive electronics, and new energy sectors [3]. Market Position and Achievements - Gaokai Technology is one of the few domestic suppliers capable of mass production and application of key fluid control components in advanced semiconductor processes, including products used in 7nm and below logic chip manufacturing [3]. - The company's products have been validated by well-known domestic manufacturers, achieving stable mass production supply [3]. - In the semiconductor equipment fluid control sector, Gaokai's self-developed products are widely used in wafer manufacturing processes such as etching, thin film deposition, and cleaning, serving several leading domestic semiconductor equipment companies [3]. Recent Developments - This is Gaokai Technology's second attempt to list on the Sci-Tech Innovation Board, having previously been accepted in June 2021 but terminating the review in December of the same year [4]. - The renewed application reflects the company's commitment to the precision fluid control field and significant progress in core technology breakthroughs and market expansion [4]. Industry Outlook - Analysts note that the demand for precision fluid control is continuously growing due to the accelerated localization of semiconductor equipment and the rapid development of the new energy industry [4]. - Successful listing on the Sci-Tech Innovation Board would provide Gaokai Technology with more substantial financial support, potentially solidifying its leading position in the key components of semiconductor equipment and promoting the realization of more core technologies being self-controlled [4].