Core Points - The Beijing Stock Exchange's listing committee approved the IPO of Aomeisen Intelligent Equipment Co., Ltd., marking it as the 29th company to pass the review this year [1] - Aomeisen specializes in the manufacturing of intelligent production equipment, with applications in various industries including electrical, environmental protection, wind power, and lithium battery new energy [1] - The company plans to issue up to 20 million shares, aiming to raise approximately 19.51 million yuan for projects including the construction of a production base for digital forming equipment and a research and development center [3][4] Company Ownership and Control - Aomeisen Technology holds 27.45 million shares, representing 45.75% of the total share capital, making it the controlling shareholder [2] - The actual controllers of the company are Long Xiaobin, Long Xiaoming, Guan Yinqiu, and Lei Lin, with a combined control of 73.77% of the shares [2] Financial and Operational Insights - The total investment for the projects funded by the IPO is 46.27 million yuan, with specific allocations for the production base, R&D center, and working capital [4] - The company has been questioned regarding the sustainability of its operating performance and the rationale behind its financial strategies, particularly concerning the use of raised funds for working capital [6]

Group 1 - Beijing Stock Exchange's listing committee approved Aomeisen Intelligent Equipment Co., Ltd. for IPO, confirming it meets issuance, listing, and information disclosure requirements [1] - The listing committee raised concerns regarding the authenticity and sustainability of Aomeisen's performance, as well as the prudence of using raised funds to supplement working capital [2][3] - Aomeisen plans to raise 195 million yuan, with allocations for a production base for digital forming equipment (89.61 million yuan), a research center (75.45 million yuan), and working capital (30 million yuan) [3] Group 2 - Aomeisen's revenue from 2021 to 2024 is reported as 308 million yuan, 279 million yuan, 325 million yuan, and 358 million yuan respectively, with net profit attributable to shareholders of 40.98 million yuan, 12.09 million yuan, 42.08 million yuan, and 52.72 million yuan during the same period [3] - The number of companies applying for IPOs on the Beijing Stock Exchange has significantly increased, with 86 companies accepted in June alone, marking a 47% increase compared to the total of 77 companies in 2024 [4] - The market has seen a strong performance from newly listed companies, with Guangxin Technology's stock rising 500% on its debut and subsequent increases, indicating a vibrant new stock market environment [4][5]