Core Viewpoint - Mingrui Ideal Technology Co., Ltd. has initiated the listing guidance process with the Shenzhen Securities Regulatory Commission, indicating its intent to go public and expand its market presence [1] Group 1: Company Overview - Mingrui Ideal is a high-tech enterprise focused on the research, production, sales, and service of industrial vision inspection equipment, recognized as a national-level "little giant" enterprise [1] - The company has developed automatic optical inspection machines (AOI), solder paste inspection machines (SPI), and X-ray inspection machines (AXI) for the PCBA assembly and semiconductor packaging sectors, serving various industries including computers, communications, automotive, mobile phones, home appliances, industrial, medical, semiconductor, and MiniLED [1] - The four core products include high-speed and high-precision 3D AOI machines, micron-level defect detection 3D SPI machines, precise online X-ray inspection machines, and comprehensive semiconductor packaging IC final inspection equipment [1] Group 2: Research and Development - Mingrui Ideal has established three R&D centers located in Shenzhen, Dongguan, and Chongqing, focusing on technology and product innovation [1] - The company has invested significantly in R&D, employing top talent from both domestic and international sources, and possesses over 100 independent intellectual property rights, including 29 invention patents and 39 utility model patents [1] Group 3: Subsidiary and Production - Dongguan Mingrui Machine Vision Technology Co., Ltd., a wholly-owned subsidiary of Mingrui Ideal, serves as the production base, adhering to ISO9001 quality certification standards and achieving EU CE equipment safety certification for its main models [2] - The subsidiary employs a high-standard production team to ensure the delivery of high-precision and high-quality automatic optical inspection equipment to both domestic and international clients [2] Group 4: Shareholding Structure - As of the date of the guidance report, Ji Yun Jing directly holds 20.81% of Mingrui Ideal's shares, with additional indirect holdings through partnerships, totaling 24.78% [2]

Core Insights - Defect detection is a critical challenge in manufacturing, impacting product quality across various industries [1] - Weishi Intelligent Manufacturing has developed a comprehensive defect detection system matrix called "Smart Eye," which includes five specialized subsystems to address different detection challenges [1] Group 1: 2D Visual Defect Detection System - The 2D visual defect detection system is designed for simple scenarios, focusing on speed and stability, achieving a detection speed of 30 products per second, equivalent to the efficiency of three manual inspectors [3] - In a collaboration with an electronic component manufacturer, the false detection rate for core line chip missing detection was reduced to below 0.1%, eliminating human error [3] Group 2: AI Visual Fusion Defect Detection System - The AI visual fusion system excels in complex scenarios with irregular textures and harsh environments, achieving a defect detection rate of 99.9% even with as few as five defect images for training [5] - The combination of AI algorithms and traditional visual techniques allows for precise filtering of interference features, distinguishing between real and false defects [5] Group 3: 2D & 3D Visual Fusion Defect Detection System - This system integrates 2D and 3D detection capabilities, capturing color and texture defects while analyzing shape and height differences, with point cloud processing speed improved by over 10 times compared to standard formats [7] - A customized height detection solution for a client achieved a measurement precision of 1μm, resulting in a product qualification rate of 99.9% [8] Group 4: Self-Focusing Visual Fusion Defect Detection System - The self-focusing system utilizes liquid focus and depth fusion technology to clearly capture defects in products with significant height differences, achieving a defect detection rate of 99.9% [10] - This system replaces the need for multiple workstations, reducing costs and minimizing the risk of missed detections [10] Group 5: Photometric Stereo Image Fusion Detection System - The photometric stereo detection system addresses the challenges of detecting defects in reflective materials by using multi-angle light fusion technology, maintaining a stable defect detection rate of 99.9% [12] - The system integrates light source control, imaging, and detection algorithms into a single platform, simplifying user experience [12] Group 6: Overall Impact - The five detection systems offered by Weishi Intelligent Manufacturing are not merely technical solutions but validated scene-specific solutions that enhance the quality assurance in smart manufacturing, transitioning from "qualified" to "excellent" products [14] - The company aims to make manufacturing more precise and quality more reliable [15]