Core Viewpoint - Wuhan Lide Electric Technology Co., Ltd. has received acceptance for its IPO application on the Beijing Stock Exchange, with the sponsorship from Kaiyuan Securities [3] Financial Performance - Revenue for 2022, 2023, and 2024 is projected to be 420 million yuan, 346 million yuan, and 397 million yuan respectively [3] - Net profit for the same years is expected to be 67.27 million yuan, 56.15 million yuan, and 65.69 million yuan respectively [3][5] - Total assets as of December 31 for 2022, 2023, and 2024 are 771.24 million yuan, 771.44 million yuan, and 840.56 million yuan respectively [4] - Shareholder equity for the same dates is 522.94 million yuan, 580.03 million yuan, and 646.40 million yuan respectively [4] Ownership Structure - Wang Songfeng directly holds 18,170,740 shares, accounting for 28.56% of the company, and controls a total of 64.00% of the voting rights through various entities [5] - Wang Songfeng serves as the chairman and general manager of the company [5][6] Research and Development - R&D expenditure as a percentage of revenue for 2022, 2023, and 2024 is 3.68%, 4.67%, and 3.62% respectively [5]

Core Viewpoint - Wuhan Lide Electric Technology Co., Ltd. (referred to as "Lide Technology") has had its IPO application accepted by the Beijing Stock Exchange, with the sponsor being Kaiyuan Securities Co., Ltd. [2] Financial Performance - Lide Technology's revenue for the years 2022 to 2024 is projected to be 420 million yuan, 346 million yuan, and 397 million yuan respectively, while the net profit attributable to the parent company is expected to be 67.27 million yuan, 56.15 million yuan, and 65.69 million yuan for the same years [2] - The total assets as of December 31, 2024, are projected to be approximately 840.56 million yuan, an increase from 771.44 million yuan in 2023 and 771.24 million yuan in 2022 [3] - The total equity attributable to shareholders of the parent company is expected to reach 646.40 million yuan by the end of 2024, up from 580.03 million yuan in 2023 and 522.94 million yuan in 2022 [3] - The operating income for 2024 is projected to be approximately 396.67 million yuan, compared to 345.96 million yuan in 2023 and 419.61 million yuan in 2022 [3] - The gross profit margin is expected to be 41.52% in 2024, down from 43.54% in 2023 and up from 37.26% in 2022 [3] Shareholder Structure - Wang Songfeng, the chairman and general manager, directly holds 18,170,740 shares, accounting for 28.56% of the company, and controls a total of 64.00% of the voting rights through various entities [9] - The company was established by Lide Limited, which was founded on July 30, 2007, with initial shareholders being Chen Changfan and Hu Xiangwang [5][7] Company Background - Lide Technology specializes in providing safe, reliable, and efficient products and services for power distribution systems, focusing on non-power outage operations [2] - The company has undergone several changes in ownership and structure since its establishment, with significant transfers of shares occurring in 2011 [7][8]