Core Viewpoint - Haocreat Ruitong has been listed on the Shenzhen Stock Exchange's ChiNext board with a price of 21.00 yuan per share and a price-to-earnings ratio of 21.02 times [1] Company Overview - Haocreat Ruitong was established on February 13, 2007, originally as Beijing Haocreat Ruitong Electric Equipment Co., Ltd. It was restructured into Beijing Haocreat Ruitong Electric Equipment Co., Ltd. on November 26, 2020 [1] - The company specializes in smart distribution equipment and digital solutions for distribution networks, focusing on the research, development, production, and sales of smart distribution equipment [1]

Core Viewpoint - The company, Haocreator Ruitong, has initiated its subscription process for an IPO, offering a total of 27.90 million shares at a price of 21.00 yuan per share, with a price-to-earnings ratio of 21.02 times [1][2]. Group 1: IPO Details - The total number of shares issued is 27.90 million, with 6.696 million shares available for online subscription [1][2]. - The subscription code for the IPO is 301668, and the maximum subscription limit for a single account is 6,500 shares, with subscriptions required to be in multiples of 500 shares [1][2]. - The subscription date is set for September 11, 2025, and the announcement of the winning numbers and payment date is September 15, 2025 [2]. Group 2: Company Overview - The company specializes in smart distribution equipment and digital solutions for distribution networks, focusing on the research, development, production, and sales of smart distribution devices [1]. Group 3: Financial Indicators - Total assets for 2024 are projected at 7.12 billion yuan, an increase from 6.67 billion yuan in 2023 and 4.62 billion yuan in 2022 [3]. - Net assets are expected to reach 4.36 billion yuan in 2024, up from 3.23 billion yuan in 2023 and 2.34 billion yuan in 2022 [3]. - Operating income is forecasted to be 8.67 billion yuan in 2024, compared to 6.72 billion yuan in 2023 and 5.60 billion yuan in 2022 [3]. - Net profit is anticipated to be 1.11 billion yuan in 2024, an increase from 0.87 billion yuan in 2023 and 0.69 billion yuan in 2022 [3]. - The basic earnings per share are projected at 1.36 yuan for 2024, compared to 1.06 yuan in 2023 and 0.84 yuan in 2022 [3].