Core Viewpoint - Shanghai Sinpa Intelligent Technology Co., Ltd. has initiated the IPO counseling process with the Shanghai Securities Regulatory Bureau, aiming for a listing on the Beijing Stock Exchange, with Dongfang Securities as the counseling institution [2] Company Overview - Sinpa Intelligent was established on November 27, 2007, with a registered capital of 54.24 million yuan, and is located in the Pudong New Area, Shanghai [4] - The company focuses on the research, design, production, and sales of industrial intelligent equipment, particularly in the wind power sector, offering key manufacturing equipment for wind turbine blades [4][5] Shareholding Structure - The actual controller, Wang Yong, directly holds 35.49% of the company's shares and indirectly controls an additional 7.81% through Shanghai Xinlu and Shanghai Xinchang, along with 16.90% through a concerted action agreement with Wang Yanxiao, totaling a control of 60.20% of the company [5] Financial Performance - For the first half of 2025, the company achieved a sales revenue of 140 million yuan, representing a year-on-year increase of 53.52%, and a net profit attributable to the shareholders of the listed company of 37.1 million yuan, up 105.66% year-on-year [5] Industry Position - Sinpa Intelligent is one of the earliest companies in China engaged in the manufacturing of specialized equipment for wind turbine blade production, accumulating extensive product technology and R&D experience [5] - The company has been recognized as a high-tech enterprise and received the national "Little Giant" title from the Ministry of Industry and Information Technology in 2021, with plans for re-evaluation in 2024 [5]