Core Viewpoint - The inspection and testing industry in China is transitioning towards a quality and efficiency-oriented model, with a focus on enhancing service capabilities and supporting high-quality development [1][2][3]. Group 1: Industry Performance - In 2024, the inspection and testing industry achieved a revenue of 487.6 billion yuan, representing a year-on-year growth of 4.41% [1]. - The number of inspection and testing institutions decreased to 53,057, with the total number of reports issued dropping to 553 million, reflecting a decline of 1.44% and 8.66% respectively [1]. - The average revenue per institution increased by 515,100 yuan, and the average revenue per report rose by 110.89 yuan, indicating a significant enhancement in the "value" of inspection and testing services [1]. Group 2: Industry Structure - The proportion of large-scale institutions (with revenue over 10 million yuan) increased to 7,972, accounting for 15.03% of the industry, up by 7.02% year-on-year [2]. - The number of small and micro institutions (with fewer than 100 employees) decreased to 51,007, representing 96.14% of the industry, down by 0.12% [2]. - The industry is witnessing a trend towards concentration and higher-end supply capabilities, with emerging sectors like new energy and smart equipment seeing a 2.05% increase in institutions, while traditional sectors experienced a 0.44% decline [2]. Group 3: Technological Advancements - High-tech certified inspection and testing institutions generated revenues of 232.2 billion yuan, with a year-on-year growth of 7.58%, contributing 47.63% to the industry's total revenue [3]. - Institutions recognized as specialized and innovative small and medium enterprises contributed 806.23 billion yuan, accounting for 16.53% of the revenue from 2.83% of the institutions [3]. - The market regulatory authority is promoting the development of a comprehensive inspection and testing service system to support industrial optimization and upgrading [3]. Group 4: Innovation and Future Development - The market regulatory authority encourages inspection and testing institutions to extend their services to the front end of the innovation chain, supporting product design and development [5]. - Collaborative efforts are being made to establish public testing service platforms for emerging technologies, such as artificial intelligence, covering various industry sectors [5]. - Future initiatives will focus on problem orientation, goal guidance, and collaborative innovation to enhance the professionalization and high-end value chain of inspection and testing services [6].

Core Insights - The inspection and testing industry in China has shown significant improvement in quality and efficiency, with nearly 8,000 large-scale institutions achieving over 1 million yuan in revenue, marking a turning point as the number of institutions has declined for the first time [1][2] Industry Performance - The total revenue of the inspection and testing industry reached 487.6 billion yuan in 2024, representing a year-on-year growth of 4.41% [1] - The number of inspection and testing institutions stands at 53,057, with a total of 553 million inspection reports issued, reflecting a decrease of 1.44% and 8.66% respectively compared to the previous year [1] - Average revenue per institution increased by 515,100 yuan, and average revenue per report rose by 110.89 yuan, indicating a significant enhancement in the "value" of inspection institutions and reports [1] Structural Changes - The industry exhibits a "three rises and three falls" trend: revenue and unit value are rising, while the number of institutions and certificates is declining [2] - The proportion of large-scale institutions has increased, while the share of small and micro institutions has decreased [2] - The number of large-scale institutions (with revenue over 10 million yuan) reached 7,972, accounting for 15.03% of the industry, a year-on-year increase of 7.02% [2] High-Tech Recognition - By the end of 2024, there were 6,025 recognized high-tech inspection institutions, a year-on-year increase of 5.17%, representing 11.36% of the total institutions, significantly higher than the national average [3] - There are 1,500 institutions recognized as specialized and innovative small and medium enterprises, accounting for 2.83% of the total, also exceeding the national average [3] Innovation and Development - Some inspection institutions are focusing on key technologies to enhance service efficiency, particularly in traditional industries undergoing digital and automated transformations [3][4] - For example, the Shandong Provincial Product Quality Inspection Research Institute developed the first domestic inspection system for personal protective equipment, achieving international advanced data accuracy [3] Market Regulation and Consumer Protection - The market regulatory authority has intensified efforts to combat fraudulent practices in various sectors, resulting in the investigation of 3,615 illegal institutions and the revocation of 214 institution qualifications in 2024 [5] - A total of 35.71 million yuan in fines was imposed to protect consumer rights [5]

近年来，中国检验检测机构专业化能力也稳步提升，高技术服务业特征更加鲜明。截至2024年底，中国 获高新技术企业认定的检验检测机构6025家，同比增长5.17%，占机构总量的11.36%，为全国企业总体 水平的14.95倍。获专精特新中小企业或专精特新"小巨人"企业认定的检验检测机构共1500家，占比 2.83%，为全国企业总体水平的11.32倍。 国家市场监管总局表示，未来将积极适应数字化、智能化产业发展趋势，组织开展检验检测数字化技术 攻关和示范应用，在具备条件的行业领域试点推动检验检测数字化智能化发展，支持机构数字化转型。 (完) 记者从新闻发布会上获悉，2024年全国共有检验检测机构53057家，全年出具检验检测报告5.53亿份， 同比分别下降1.44%和8.66%，机构数量近年来首次出现下降拐点。与上年比，平均每家机构营收增加 51.51万元(人民币，下同)，平均每份报告营收增加110.89元，表明检验检测机构和检验检测报告的"含 金量"明显提升。 国家市场监管总局认可与检验检测监督管理司副司长张磊柱介绍，当前中国检验检测行业正逐步由数量 规模型发展转向质量效益型发展，行业"小散弱"现象初步得到扭转， ...

Core Insights - The inspection and testing industry in China is expected to achieve stable revenue growth in 2024, with an optimized sector structure and a significant trend towards centralization and specialization [1][2] Group 1: Market Overview - By the end of 2024, there will be 53,057 inspection and testing institutions in China, a decrease of 1.44% year-on-year. The total revenue for the year is projected to be 487.597 billion yuan, reflecting a year-on-year growth of 4.41% [1] - The average revenue per institution and per employee has increased by 5.94% and 5.20%, respectively, indicating a trend of quality improvement despite a reduction in the number of institutions [1][2] Group 2: Institutional Structure - Among the institutions, 41,280 are enterprise-based, accounting for 77.80% of the total, while 10,090 are public institutions, making up 19.02%. Private institutions number 33,892, representing 63.88% of the total, showcasing a diversified development pattern [1] - Institutions with revenues exceeding 100 million yuan contribute 81.24% of the industry's total revenue, with 769 institutions generating over 1 billion yuan, an increase of 84 institutions from the previous year [2] Group 3: Regional Distribution - By the end of 2024, the eastern region will account for 42.29% of the total number of institutions and 61.86% of the revenue, while the western region will have 28.76% of the institutions and 19.80% of the revenue [2] - The Yangtze River Delta region has 9,242 institutions, contributing 139.383 billion yuan, which is 28.59% of the total revenue, highlighting the significant revenue concentration in this area [2] Group 4: Economic Correlation - There is a notable correlation between the scale and revenue of inspection and testing institutions and regional economic development, particularly in areas with a high concentration of manufacturing [3]

Core Insights - The inspection and testing industry in China is experiencing a trend of "three increases and three decreases," indicating a shift towards higher quality and efficiency in services provided [1][2] Group 1: Industry Performance - In 2023, the inspection and testing industry achieved a revenue of 487.6 billion yuan, representing a year-on-year growth of 4.41% [1] - The number of inspection and testing institutions decreased to 53,057, marking the first decline in recent years, while the number of reports issued fell by 8.66% to 553 million [1] - Average revenue per institution increased by 515,100 yuan, and average revenue per report rose by 110.89 yuan, indicating a significant enhancement in the value of services [1] Group 2: Regulatory Actions - In 2023, a total of 3,615 illegal institutions were penalized, with 214 institutions having their qualifications revoked or canceled, resulting in fines totaling 35.71 million yuan [1][2] - The government is actively combating the issuance of false reports and data, reinforcing the integrity of the inspection and testing sector [2] Group 3: Strategic Developments - The establishment of 874 national quality inspection centers, including 291 in high-tech fields such as integrated circuits and low-altitude economy, aims to support emerging industries with high-end testing services [2] - The creation of over 1,200 public service platforms for inspection and testing has addressed more than 20 product quality issues, enhancing consumer trust [2] - Regional economic development is being bolstered through integrated service models in areas like Beijing-Tianjin-Hebei and the Yangtze River Delta, with the Pearl River Delta focusing on creating a national electronic and electrical testing industry cluster generating 66 billion yuan in revenue [2]

记者从市场监管总局召开的新闻发布会上了解到，我国检验检测行业近年来发展迅速，营收稳定增长， 质量效益稳步提升。2024年，全国检验检测行业共实现营收4875.97亿元，同比增长4.41%，继续保持良 性增长势头，与上年比，平均每家机构营收增加51.51万元，平均每份报告营收增加110.89元，表明检验 检测机构和检验检测报告的"含金量"明显提升。(央视新闻) ...

Core Viewpoint - Beikang Testing has successfully passed the listing review by the Beijing Stock Exchange, aiming to raise 179 million yuan for advanced testing instrument development and working capital [1] Company Overview - Beikang Testing is a leading institution in the field of non-ferrous metal inspection and testing technology in China, involved in various sectors including mineral resources testing, technical services, and instrument development [1][2] - The company is recognized as a national-level "specialized, refined, distinctive, and innovative" small giant enterprise and has participated in the formulation of numerous international and national standards [2] Market Position and Financial Performance - Beikang Testing holds a significant market share in the domestic non-ferrous metal inspection sector, ranking first with market shares of 3.01%, 2.72%, and 3.04% in 2021, 2022, and 2023 respectively [3] - The company's revenue for the reporting periods was 94.61 million yuan in 2021, 91.74 million yuan in 2022, 110 million yuan in 2023, and 65.46 million yuan in the first half of 2024 [3] Industry Growth - The global inspection and testing industry has experienced rapid growth, with a market size increase from 107.7 billion euros in 2012 to 278.5 billion euros in 2023, reflecting a growth rate of over 10% [2] - In China, the inspection and testing industry market size grew from 206.51 billion yuan in 2016 to 467.01 billion yuan in 2023, with a compound annual growth rate of approximately 12.36% [2] Regulatory Scrutiny - The Beijing Stock Exchange has raised concerns regarding Beikang Testing's operational independence, the fairness of related party transactions, and the justification for its higher gross margin compared to industry peers [3][4] - The company reported gross margins of 65.59%, 62.65%, 64.69%, and 65.67% for the respective years, significantly higher than the industry average [4] Related Transactions and Justifications - Beikang Testing has disclosed that it engages in related transactions with its controlling shareholder, Minmetals Group, including sales and procurement of testing services [4] - The company asserts that its higher gross margin is primarily due to its arbitration testing business, which has a gross margin of 77.29%, while the gross margin for its commissioned testing business is 50.49%, aligning closely with industry averages [5][6]

Core Viewpoint - Beikang Detection Technology Co., Ltd. has been approved for listing on the Beijing Stock Exchange, marking it as the 33rd company to pass the review this year, with a focus on the development and service of non-ferrous metal inspection and testing technology [1] Group 1: Company Overview - Beikang Detection is a leading domestic institution specializing in the research and development of inspection and testing technology for non-ferrous metal mineral resources, covering various fields including ore and mineral products, smelting products, environmental samples, and advanced materials [1] - The company plans to publicly issue no more than 28.32 million shares, with a potential additional issuance of up to 4.25 million shares through an over-allotment option, bringing the total to a maximum of 32.57 million shares [2] Group 2: Shareholding Structure - The controlling shareholder of Beikang Detection is the Minmetals Group, which directly holds 86.11% of the shares and indirectly holds an additional 1.53% through the Minmetals Research Institute, totaling 87.64% [2] - The State-owned Assets Supervision and Administration Commission holds 100% of Minmetals Group, making it the actual controller of Beikang Detection [2] Group 3: Fundraising and Use of Proceeds - Beikang Detection aims to raise approximately 178.80 million yuan, which will be allocated to the development of advanced testing instrument research bases and testing capacity construction, as well as to supplement working capital [2] Group 4: Review and Inquiry - The review committee raised inquiries regarding the sustainability of performance growth, specifically questioning the reasonableness of the company's gross margin compared to industry peers and the stability of its revenue from instrument business and lithium carbonate testing [3] - Concerns were also raised about the fairness of pricing in related party transactions, particularly regarding the pricing model for services provided to related parties without requiring testing reports [3]

Core Viewpoint - The article discusses the recent IPO approval of Beikang Testing Technology Co., Ltd. by the Beijing Stock Exchange, highlighting its financial performance and market position in the non-ferrous metal testing industry. Group 1: Company Overview - Beikang Testing specializes in the research and development of testing technologies for non-ferrous metal mineral resources, offering services in various areas including ore and mineral products, smelting products, and advanced materials [4] - The company was established in October 2016 and transitioned to a joint-stock company in September 2022, with a total of 84.96 million shares before issuance [4] - As of the end of 2024, the company has a total of 198 employees and operates two subsidiaries [4] Group 2: Financial Performance - In the reporting period, the company's revenue was 91.74 million yuan, 110.47 million yuan, and 148.02 million yuan for the years 2022, 2023, and 2024 respectively, with net profits of 33.15 million yuan, 41.66 million yuan, and 50.63 million yuan [7][11] - The total assets as of December 31, 2024, were approximately 346.70 million yuan, with total equity of about 302.62 million yuan [8] - The company has maintained a high gross profit margin, with rates of 62.65%, 64.69%, and 61.43% for 2022, 2023, and 2024 respectively, significantly higher than the average of comparable companies [18][21] Group 3: Market Position - Beikang Testing is recognized as a leading service provider in the non-ferrous metal testing sector, holding a market share of 3.04% in 2023, ranking first in the industry [9][10] - The company has been classified as a national "little giant" enterprise and a high-tech enterprise, indicating its strong position in the market [9] Group 4: Shareholder Structure - The controlling shareholder, Minmetals Group, holds 86.11% of the company's shares, with the State-owned Assets Supervision and Administration Commission being the actual controller [5][6] - Minmetals Group has also been a significant customer and supplier for Beikang Testing, raising questions about the company's operational independence [13][16] Group 5: Future Outlook - The company projects a revenue of approximately 81 million to 90 million yuan for the first half of 2025, representing a year-on-year growth of 23.75% to 37.50% [11][12] - The IPO aims to raise approximately 178.80 million yuan, with a portion allocated for the development of advanced testing instruments [27]

记者今天了解到，市场监管总局联合公安部、自然资源部、生态环境部、交通运输部、水利部、海关总 署、国家药监局印发《市场监管总局等八部门关于组织开展2025年度检验检测机构监督抽查工作的通 知》(以下简称《通知》)，将在全国范围开展检验检测机构"双随机、一公开"监督抽查，强化检验检测 活动监管，规范检验检测市场秩序，提升行业公信力，为经济社会高质量发展提供有力支撑。 2025年度国家级检验检测机构监督抽查计划检查100家机构，包括80家获市场监管总局资质认定的检验 检测机构(含20家国家质检中心)和20家获省级资质认定的检验检测机构。(央视新闻) ...