北京商报讯（记者 马换换 王蔓蕾）1月5日，中国证券业协会官网发布"2026年第一批首发企业现场检查 抽查名单"，上海频准激光科技股份有限公司（以下简称"频准激光"）被抽中现场检查。 据了解，频准激光主营业务为精准激光器的研发、生产与销售。公司科创板IPO于2025年12月8日获得 受理。 本次冲击上市，频准激光拟募集资金约14.1亿元。 ...

Core Viewpoint - The company, Ruike Laser (300747), is actively expanding its laser product applications across various industries, including aerospace, automotive manufacturing, new energy, 3D printing, and laser medical fields, with ongoing business developments [1][2]. Group 1: Company Performance - As of December 26, 2025, Ruike Laser's stock closed at 26.89 yuan, reflecting a slight increase of 0.15% with a turnover rate of 2.92% and a trading volume of 148,700 hands, resulting in a transaction value of 399 million yuan [1]. Group 2: Investor Inquiries - The company has received inquiries regarding the application of its laser products in commercial aerospace and high-end equipment manufacturing, to which the company confirmed its commitment to technological innovation and expansion into these sectors [1]. - Investors have also asked about the potential use of the company's laser products in military equipment and whether the company holds relevant production qualifications, with the company directing them to its official disclosures for detailed information [1]. Group 3: Capital Flow - On December 26, the main funds experienced a net outflow of 18.82 million yuan, while retail investors saw a net inflow of 22.43 million yuan, indicating differing investment behaviors among different investor categories [2].

Group 1 - The core viewpoint of the article is that Shanghai Precision Laser Technology Co., Ltd. has entered the inquiry stage for its IPO on the Sci-Tech Innovation Board [1] - The company specializes in the research, development, production, and sales of precision laser systems [1] - The IPO application was accepted on December 8, 2025, indicating a timeline for the company's public offering [1] Group 2 - The company aims to raise approximately 1.41 billion yuan through this IPO [1] - After deducting issuance costs, the funds will be allocated to projects including the industrialization of precision laser systems, the establishment of a research and development center, the construction of a Wuhan R&D center, and to supplement working capital [1]

Core Insights - The company Inno Laser is actively tracking relevant applications for its products [2] - The company's ultra-precision laser drilling equipment, equipped with ultra-fast lasers, can achieve stable processing of micro-hole diameters ranging from 30 micrometers to 70 micrometers [2] - The drilling efficiency of the equipment can reach up to 10,000 holes per second, and the initial sample results have been well received by customers [2]

Core Viewpoint - The company has completed the first phase of development for its "high-power thin-slice ultrafast laser key technology and industrialization" project, with further progress to be announced in company announcements [1] Group 1 - The project focuses on high-power thin-slice ultrafast laser technology [1] - The first phase of development has been successfully completed [1] - Future updates regarding the project will be provided through company announcements [1]

Core Insights - The company, Innolaser, announced on November 10 that it focuses on the research and application of laser technology in fields such as semiconductors, healthcare, and high-end manufacturing through collaborations with academic institutions and research institutes [1] Group 1 - The company acts as a technology provider or joint research partner, promoting talent cultivation, technological innovation, and the transformation of research outcomes [1]

Core Insights - nLIGHT reported Q3 CY2025 revenue of $66.74 million, exceeding analyst expectations of $63.33 million, representing an 18.9% year-on-year growth [1][6] - The company provided a Q4 revenue guidance of $75 million at the midpoint, which is 22.8% above analyst estimates of $61.07 million [1][6] - Non-GAAP profit was $0.08 per share, significantly above the consensus estimate of $0.02 [1][6] Performance Highlights - The strong performance was attributed to momentum in aerospace and defense, with defense product revenue growing over 70% year-over-year due to major government contracts [3][5] - Improved gross margins were noted, benefiting from a favorable product mix and manufacturing scale [3][5] - Adjusted EBITDA for Q3 was -$3.99 million, missing analyst estimates of $3.30 million, indicating a -6% margin [6] Future Outlook - Management expressed optimism about sustained growth in aerospace and defense, anticipating continued contract wins and market expansion [4] - The company is focused on leveraging vertically integrated technology and capturing opportunities in directed energy and sensing applications [4][5] - CFO emphasized ongoing efforts to optimize manufacturing and control costs, with a full pipeline to backfill potential revenue gaps [4]

Group 1: Core Strategy - Company announced the issuance of H-shares and plans to list on the Hong Kong Stock Exchange, aiming to deepen its global strategy and enhance international visibility [2][3] - The H-share listing is expected to simplify international acquisition processes and optimize the capital structure, potentially facilitating overseas technology and industry collaborations [2][6] Group 2: Industry Expansion - Company plans to establish the "Hua Gong Future Fund" with a total investment of up to 98 million yuan, focusing on AI, robotics, medical integration, and low-altitude economy [5][6] - The fund will connect various research resources to incubate technology and create new growth points, enhancing the company's existing laser business [6] Group 3: Financial Performance - For the first three quarters of 2025, the company reported revenue of 11.038 billion yuan, a year-on-year increase of 22.62%, and a net profit of 1.321 billion yuan, up 40.92% [7][8] - Despite a slight decline in revenue in the third quarter, net profit increased by 31.15%, demonstrating strong profitability and cost control [8] Group 4: Future Outlook - The combination of H-share plans and the establishment of the fund outlines a clear path for the company's collaborative development of capital, industry, and technology [9] - Successful H-share listing could position the company as a leading player in the laser industry, leveraging international capital for technology acquisitions and local innovation [9]

Core Viewpoint - Inno Laser (301021.SZ) is one of the few global manufacturers capable of mass-producing industrial deep ultraviolet lasers, having launched both pulsed and continuous deep ultraviolet lasers for wafer defect detection, with several customers in the development phase of product validation [1] Group 1 - The company has successfully developed pulsed and continuous deep ultraviolet lasers [1] - The lasers are specifically designed for wafer defect detection applications [1] - The company has initiated the product validation phase with several clients [1]

Core Insights - Inno Laser has launched pulsed and continuous deep ultraviolet lasers for wafer defect detection, indicating a strategic move into advanced technology applications [1] Company Developments - The company has developed several clients for its new laser products, which are currently in the validation phase [1]