香港聯合交易所有限公司與證券及期貨事務監察委員會對本申請版本的內容概不負責，對其準確 性或完整性亦不發表任何意見，並明確表示概不就因本申請版本全部或任何部分內容而產生或因 倚賴該等內容而引致的任何損失承擔任何責任。 （「本公司」） （於中華人民共和國註冊成立的股份有限公司） 的申請版本 警告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）以及證券及期貨事務監察委員會（「證監 會」）的要求而刊發，僅用作向香港公眾人士提供資料。 本申請版本為草擬本，其內所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件，即 代表 閣下知悉、接納並向本公司、其保薦人、整體協調人、顧問或包銷團成員表示同意： 倘於適當時候向香港公眾人士提出要約或邀請，有意投資者務請僅依據於香港公司註冊處處長登 記的本公司招股章程作出投資決定，招股章程的文本於發售期內將可供公眾查閱。 警 告 (a) 本文件僅為向香港公眾人士提供有關本公司的資料，概無任何其他目的。投資者不應根據 本文件中的資料作出任何投資決定； (b) 在聯交所網站登載本文件或其補充、修訂或更換附頁，並不引起本公司、其獨家保薦人、 整體協調人、顧問或包銷團成員在香港或任何其 ...

Core Viewpoint - Shanghai Topway Numerical Control Technology Co., Ltd. (Topway NC) has submitted its listing application to the Hong Kong Stock Exchange, aiming to capitalize on its leading position in the high-end intelligent manufacturing equipment sector, particularly in five-axis CNC machine tools for the aerospace industry in China [2][3]. Company Overview - Topway NC was established in 2007 and focuses on the research, design, production, and sales of high-end intelligent manufacturing equipment, specifically five-axis CNC machine tools [2][4]. - The company is ranked first in the Chinese aerospace five-axis CNC machine tool market with a market share of 11.6% and fifth overall in the five-axis CNC machine tool market with a 4.3% market share among all suppliers [2]. Financial Performance - For the fiscal years 2022, 2023, and 2024, Topway NC reported revenues of RMB 135.769 million, RMB 334.630 million, and RMB 531.556 million, respectively [3]. - The net profit figures for the same years were -RMB 197.314 million, -RMB 62.340 million, and RMB 6.886 million, indicating a turnaround to profitability in 2024 [3]. Leadership - Dr. Wang Yuhan, the founder and chairman, holds a 36.82% direct stake in the company, along with an additional 1.93% through an employee stock ownership platform, totaling 38.74% control [6]. - Dr. Wang has over 27 years of experience in academia and the mechanical engineering industry, having served as an associate professor at Shanghai Jiao Tong University before founding Topway NC [8].