Group 1 - Jiangsu Kangliyuan Sports Technology Co., Ltd. has obtained a patent for a "round pipe processing device," with the authorization announcement number CN222805935U, and the application date is June 2024 [1] - The patent describes a device in the round pipe processing field that includes upper and lower templates, with the lower template featuring a mold groove for the round pipe, significantly improving work efficiency by completing three actions (flattening, cutting arcs, and punching) in one movement [1] - The design of the device reduces precision issues caused by using multiple molds, thereby saving production costs and demonstrating practical effectiveness, making it worthy of promotion in the current market [1] Group 2 - Jiangsu Kangliyuan Sports Technology Co., Ltd. was established in 1998 and is located in Xuzhou, primarily engaged in the manufacturing of cultural, educational, artistic, sports, and entertainment products [2] - The company has a registered capital of 66.67 million RMB and has made investments in 11 enterprises, participated in 542 bidding projects, and holds 310 patent information records [2] - Additionally, the company possesses 22 trademark information records and 19 administrative licenses [2]

Group 1: IPO Withdrawals - Four companies withdrew their IPO applications from the Shanghai, Shenzhen, and Beijing stock exchanges during the week of April 21 to April 27, 2025 [1] - The companies include Zhejiang Shenghua Yunfeng New Material Co., Ltd., Xiamen Duyuan Outdoor Products Co., Ltd., Tangshan Tianhe Environmental Protection Technology Co., Ltd., and Xi'an Boda Software Co., Ltd. [2] Group 2: Company Profiles - Zhejiang Shenghua Yunfeng New Material Co., Ltd. specializes in the design, research and development, production, and sales of indoor decoration materials and customized home products, including artificial boards and wooden flooring [3] - Xiamen Duyuan Outdoor Products Co., Ltd. focuses on the research, design, production, and sales of RV and yacht accessories, as well as water sports products [5] - Tangshan Tianhe Environmental Protection Technology Co., Ltd. manufactures specialized equipment for coal mining and non-coal mining, including crushing and drying equipment [7] - Xi'an Boda Software Co., Ltd. provides intelligent services for multimedia digital content, focusing on software development and implementation for various industries [9] Group 3: Financial Performance and Analysis - Zhejiang Shenghua Yunfeng reported total assets of 2,468.51 million yuan and a net profit of 148.56 million yuan for the first half of 2024, with a significant increase in total assets from 1,523.54 million yuan in 2022 [4] - Xiamen Duyuan's total assets reached 302.98 million yuan in 2022, with a net profit of 70.60 million yuan, but over 80% of its revenue comes from overseas markets, making it vulnerable to international trade tensions [6] - Tangshan Tianhe's revenue for 2023 was 194.32 million yuan, with a net profit of 29.29 million yuan, but it has faced challenges in maintaining consistent profitability [8] - Xi'an Boda reported a net loss of 11.91 million yuan in 2024, with a decline in its net profit from previous years, indicating ongoing financial difficulties [10]