Core Viewpoint - Guangdong Kairui Sry CNC Technology Co., Ltd. (Kairui Sry) has changed its listing review status on the Shanghai Stock Exchange's Sci-Tech Innovation Board to "inquired," with plans to raise 719 million yuan [1] Company Overview - Kairui Sry is a leading domestic manufacturer of direct-drive CNC machine tools, possessing both PWM and bus-type CNC systems that have achieved scale sales [1] - The company's direct-drive CNC machine tools utilize self-developed PWM CNC systems, addressing the "bottleneck" issues in high-end machine tools [1] Market Position - Kairui Sry's CNC systems have sold over 20,000 sets, replacing mainstream systems from companies like Siemens and Fanuc, and have gained significant market recognition [2] - The U series PWM CNC system has broken the monopoly of Heidenhain in the Chinese machine tool market, positioning Kairui Sry as a key supplier alongside Heidenhain [2] Financial Performance - Projected revenues for Kairui Sry are approximately 222 million yuan, 254 million yuan, and 316 million yuan for the years 2022, 2023, and 2024, respectively [2] - Net profits for the same years are estimated at 24.94 million yuan, 35.91 million yuan, and 64.06 million yuan [2] Financial Metrics - Total assets are expected to reach 1.011 billion yuan by the end of 2024, up from 709.27 million yuan in 2023 and 580.51 million yuan in 2022 [3] - The company's net profit margin is projected to improve, with a basic earnings per share of 1.31 yuan for 2024, compared to 0.73 yuan in 2023 and 0.53 yuan in 2022 [3] - The research and development expenditure as a percentage of revenue is around 7.81% for 2024, indicating a consistent investment in innovation [3] Fundraising Plans - The funds raised will be allocated to various projects, including the construction of a CNC machine tool production base and the development of next-generation intelligent CNC systems, totaling an investment of approximately 718.55 million yuan [2]

Group 1 - The core point of the article is that Guangdong Kairui Stry Technology Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board [1] - Kairui Stry is identified as a domestic enterprise specializing in direct-drive CNC machine tools [1]