Core Viewpoint - The news discusses the IPO of two companies: Dapeng Industrial, a leading manufacturer in the industrial precision cleaning sector, and Fengbei Bio, which focuses on waste oil resource utilization. Both companies are positioned to capitalize on their respective market trends and technological advancements [1][6]. Dapeng Industrial - Dapeng Industrial specializes in intelligent equipment for industrial precision cleaning, primarily serving the automotive sector, including traditional and new energy vehicles [2][4]. - The company aims to expand its product line into machine vision detection systems, addressing gaps in defect detection and recognition accuracy in large industrial components [4]. - Dapeng Industrial has established long-term partnerships with major automotive manufacturers, including BYD, Changan, and Geely, which enhances its market position [5]. - Financially, Dapeng Industrial's accounts receivable from 2022 to mid-2025 show amounts of 89.63 million, 83.68 million, 130.99 million, and 109.95 million yuan, indicating a significant proportion of sales revenue tied up in receivables [5]. Fengbei Bio - Fengbei Bio, established in 2014, focuses on the comprehensive utilization of waste oil resources, producing bio-based materials and biofuels [6][8]. - The company has secured 135 patents, including 33 domestic invention patents, and has been recognized as a national-level "little giant" enterprise [6]. - Fengbei Bio's market share in the domestic pesticide adjuvant and fertilizer adjuvant sectors is approximately 6.72% and 6.46%, respectively, indicating a solid position in the agricultural chemical market [7][8]. - The company's revenue from 2022 to 2024 is projected to be 1.709 billion, 1.728 billion, and 1.948 billion yuan, with growth rates of 31.89%, 1.12%, and 12.75% respectively [8].