湖北龙辰科技第二次闯关北交所。 早在2022年12月，龙辰科技的IPO申请就获得了北交所受理。 来源：北交所官网 2023年，龙辰科技两次上会先后遭遇"暂缓审议"、"未通过"，同年终止审核。 彼时的核心痛点在于，公司与江苏双凯电子有限公司（简称"江苏双凯"）之间关联交易的合理性。 为扫清障碍，龙辰科技在2024年以4500万元收购江苏双凯剩余股权，并于年底重启上市计划。 2025年6月，公司IPO申请再获北交所受理，目前处于"已问询"阶段。不过，公司仍面临净利润波动大、 毛利率持续下滑、行业产能过剩等风险。 二度闯关北交所，龙辰科技这次能顺利上岸吗？ 项目介绍： 公司简称：龙辰科技 公司全称：湖北龙辰科技股份有限公司 IPO进展：一询未回复 成立时间：2003年11月6日 控股股东：林美云为控股股东、实际控制人，合计控制54.08%股权。 主营业务：薄膜电容器相关BOPP薄膜材料的研发、生产和销售，产品主要分为基膜、金属化膜两大 类。 行业地位：公司为高新技术企业，2021年被认定为国家级专精特新"小巨人"企业、湖北省专精特新"小 巨人"企业、湖北省支柱产业细分领域隐形冠军培育企业。根据中国合成树脂协会高功能 ...

Core Viewpoint - The article discusses the acquisition plan of Taifu Pump Industry Co., Ltd. to purchase at least 51% of Zhejiang Nanyang Huacheng Technology Co., Ltd., marking a strategic shift towards new business areas, particularly in capacitor film production, to enhance growth potential amid stagnant performance in the traditional pump manufacturing sector [1][2][6]. Group 1: Acquisition Details - Taifu Pump Industry plans to acquire a controlling stake in Nanyang Huacheng, which will become a subsidiary post-transaction [2]. - The acquisition is expected to constitute a significant asset restructuring but will not involve issuing new shares or changing the controlling shareholder [2]. Group 2: Business Background - Nanyang Huacheng, established in 2021, specializes in the research, production, and sales of BOPP film materials for capacitor applications, holding the largest market share in China for capacitor polypropylene electronic film materials in 2023 [4]. - Taifu Pump Industry primarily focuses on the research, production, and sales of civil water pumps, including land pumps, small submersible pumps, and energy-saving pumps [5]. Group 3: Financial Performance - Taifu Pump's revenue showed a significant increase from 561.33 million yuan in 2021 to 743.37 million yuan in 2024, but net profit has declined from 61.12 million yuan in 2021 to 12.17 million yuan in 2024 [8]. - In Q1 of this year, Taifu reported a revenue of 167 million yuan, a year-on-year decrease of 3.0%, while net profit increased by 115.0% to 21.81 million yuan [9]. Group 4: Industry Context - The water pump industry is experiencing intense competition, leading to stagnant profit growth for Taifu, prompting the need for diversification through the acquisition [9]. - The article highlights that many peers in the pump industry have also faced challenges, leading to business transformations, with examples of companies like Dongyin Co. and Xinjie Pump Industry shifting their focus away from traditional manufacturing [10][11].