Core Viewpoint - Guangzhou Mingluo Equipment Co., Ltd. (Mingluo Equipment) has disclosed its IPO guidance progress report, indicating ongoing preparations for its public offering with the assistance of CITIC Securities [1][3]. Group 1: Company Overview - Mingluo Equipment was established in 2008 and specializes in high-end equipment provision and intelligent manufacturing digital solutions [4]. - The company has a significant international presence, with approximately 70% of its business operations spanning 15 countries, serving major automotive clients such as Mercedes-Benz, BMW, Ford, Volkswagen, and Toyota [4]. Group 2: Financial Performance - In the first half of 2024, Mingluo Equipment reported a revenue of 871 million yuan and a net profit of 100 million yuan [8]. - For the fiscal year 2023, the company achieved a total revenue of approximately 1.10 billion yuan, with a net profit of around 439 million yuan [9]. Group 3: Shareholder Information - The largest shareholder, Chairman Yao Weibing, holds a 20.74% stake in the company [10]. - Other significant shareholders include China Mobile Investment Holding Co., Ltd. with 12.82% and Guangzhou Haihui Growth Venture Capital Center with 9.13% [10]. Group 4: Share Transfer Activities - Shareholder Guangdong Hengxing Intelligent Equipment Manufacturing No. 1 Investment Fund is in the process of publicly transferring its shares, with the transfer period having expired but not yet completed [6]. - China Mobile Investment Holding Co., Ltd. is also in the process of transferring its shares, with the transfer period still ongoing [6].