Core Viewpoint - Several companies, including Beijing Micro Nano Star Technology Co., Ltd. and Benyuan Quantum Computing Technology (Hefei) Co., Ltd., have recently filed for IPO guidance, indicating a growing interest in sectors like commercial aerospace and quantum computing in China [1][5]. Group 1: Micro Nano Star Technology - Micro Nano Star, established in August 2017 with a registered capital of 62.5625 million yuan, focuses on the research and manufacturing of satellite systems and ground station products [3][4]. - The company has developed and launched 27 satellites, covering various categories such as narrowband low-power communication and high-resolution optical remote sensing [4]. - Micro Nano Star has completed 14 rounds of financing, with total funding exceeding 2 billion yuan and a valuation surpassing 7 billion yuan, positioning it as a commercial aerospace unicorn [4]. Group 2: Benyuan Quantum - Benyuan Quantum, founded in September 2017 with a registered capital of 30 million yuan, is recognized as a leading quantum computing enterprise in China, focusing on building a self-controlled quantum computing ecosystem [5][6]. - The company has developed the third-generation superconducting quantum computer "Benyuan Wukong," which has been deployed in various locations across China [5]. - In 2024, Benyuan Quantum reported revenue of 99.3849 million yuan with a net loss of 34.1928 million yuan, while its competitor, GuoDun Quantum, reported a revenue of 253 million yuan with a net loss of 31.84 million yuan [6]. Group 3: Zhenhua Haike - Zhenhua Haike, established in 1979 with a registered capital of 114.52669 million yuan, specializes in the research, production, and sales of pumps and motors for naval vessels [9][10]. - The company reported a revenue of 579 million yuan in 2024, with a growth rate of 4.1%, but experienced a net profit decline of 21.92% due to rising raw material costs and military pricing sensitivity [10]. - The ship pump market in China is expected to exceed 30 billion yuan by 2025, with a compound annual growth rate of around 15% [9]. Group 4: CarCool - CarCool, founded in June 2011 with a registered capital of 45 million yuan, is a national-level specialized "little giant" enterprise focusing on automotive emergency start power supplies and energy storage [12][13]. - The company has developed the world's first lithium battery automotive emergency start power supply and has a significant market presence in over 30 countries [14]. - The founder, Lei Yun, is a notable figure with a strong academic background, having studied at Peking University and holding an MBA from the University of Wales [13]. Group 5: Haishen - Haishen, established in June 2020 with a registered capital of 120 million yuan, specializes in the research, production, and sales of hair products, with a strong international market presence [14][15]. - The company has completed multiple rounds of financing and aims to apply for a main board listing [14]. - Haishen's products are sold in over 30 countries, including the UK, France, and the US, showcasing its global reach [14]. Group 6: Jimei New Materials - Jimei New Materials, founded in January 2006 with a registered capital of 53.34 million yuan, focuses on the design, development, and production of cellulose acetate sheets, primarily used in eyewear [17][18]. - The company has established long-term partnerships with major eyewear manufacturers and reported revenues of 228.6433 million yuan in 2022, 263.5295 million yuan in 2023, and 302.2947 million yuan in 2024 [18]. - In the first half of 2025, Jimei New Materials experienced a slight revenue decline of 0.64% compared to the previous year [18].

星标 ★ IPO日报 精彩文章第一时间推送 过去一周（9月15日-21日），证监会官网新增披露，北京微纳星空科技股份有限公司（下称"微纳星空"）、本源量子计算科技（合肥）股份有限 公司（下称"本源量子"）、江苏振华海科装备科技股份有限公司（下称"振华海科"）、深圳市卡儿酷科技股份有限公司（下称"卡儿酷"）、青岛 海森林发制品集团股份有限公司（下称"海森林"）、深圳市集美新材料股份有限公司（下称"集美新材"）等公司进行了上市辅导备案。 IPO日报注意到，上交所副理事长霍瑞戎9月16日在公开论坛上透露，上交所已与多家商业航天、人工智能、低空经济企业开展预沟通，推动第 五套标准扩围至相关行业领域。上述企业上，微纳星空作为专业的商业航天企业，准备上市恰逢其时。 此外，由中国量子计算行业领军人物中 科院院士郭光灿、中科大教授郭国平创立的本源量子也备受市场关注。 制图：佘诗婕 公司提供包括论证、设计、制造、测试、发射、测运控在内的"一站式"星地一体化交付服务。其客户包括政府科研机构、电信公司、互联网公司 以及一些新兴的商业应用方。中国航天科技集团、中国科学院以及一些大型央企，也是它的合作方。 作为一家专业的商业航天企业， ...

Group 1: Company Listings and Filings - Five companies submitted listing counseling reports for approval in the domestic market from September 15 to September 21 [2] - Benyuan Quantum Computing Technology (Hefei) Co., Ltd. focuses on quantum computing and has received a total of 9 rounds of financing since 2017, with a valuation of 7.1 billion [3][4] - Beijing Weina Star Technology Co., Ltd. specializes in satellite manufacturing and has successfully launched 27 satellites, with a valuation of 1 billion [5][6] - Shenzhen Car Cool Technology Co., Ltd. is a multifunctional automotive emergency power supply provider and has completed 5 rounds of financing since 2021 [7][9] - Qingdao Haishenlin Hair Products Group Co., Ltd. focuses on high-end wig production and has completed 4 rounds of financing since 2021 [10][11] - Zhejiang Weibang Sports Technology Group Co., Ltd. specializes in outdoor sports products and has submitted a listing counseling report [12] Group 2: Industry Trends - The commercial aerospace sector is experiencing a listing boom, with several unicorn companies entering the counseling or application stages for public offerings [7] - Three companies passed the counseling acceptance from September 11 to September 21, indicating a positive trend in the market [15][16] - Five companies had their listing counseling terminated during the same period, reflecting the dynamic nature of the market [22] Group 3: Company Profiles and Financing - Anshi Biotechnology Co., Ltd. focuses on targeted cancer drug development and has completed 4 rounds of financing since 2021 [16][17] - Guangdong Zhongsu New Materials Co., Ltd. specializes in modified engineering plastics and has undergone 2 rounds of financing in 2022 [18][19] - Zhuzhou Times Huaxin New Materials Technology Co., Ltd. is involved in the research and production of polymer materials and has completed 6 rounds of financing since 2019 [20][21]

Core Viewpoint - Beijing Wina Star Technology Co., Ltd. (Wina Star), a unicorn in the commercial satellite sector, has initiated its IPO process after raising nearly 2 billion yuan in funding, signaling a growing interest in the commercial space industry from capital markets [2][5]. Company Overview - Founded in August 2017 by Gao Enyu, Wina Star specializes in the research and manufacturing of satellite systems, providing a comprehensive "one-stop" service from design to in-orbit delivery [3]. - The company has successfully launched 27 satellites of various types, covering satellite platforms ranging from 10 kg to 1,000 kg, with applications in communication, remote sensing, and scientific experiments [3]. - Notable achievements include the launch of China's first privately developed 0.5-meter resolution optical remote sensing satellite, Tai Jing No. 3, and the first commercial X-band SAR satellite, Tai Jing No. 4 [3]. Production and Commercialization - Wina Star is accelerating its production capabilities, with a smart satellite production line project in Wuxi, Jiangsu, approved by the National Development and Reform Commission, expected to produce over 150 satellites annually in the 200 kg to 500 kg range [3]. - The company has demonstrated its ability to secure system-level orders, winning a contract worth 804 million yuan for the "Huan Tian Satellite Constellation Construction" project, which includes the development and launch of 10 remote sensing satellites [3]. Funding and Investment - Wina Star has completed approximately ten rounds of financing, raising over 2 billion yuan, with investors including state-owned funds and well-known market-oriented investment institutions [4]. Industry Context - The initiation of Wina Star's IPO is part of a broader trend of commercial space companies seeking to enter the capital market, following new regulations from the China Securities Regulatory Commission that include commercial space in the fifth set of listing standards for the Sci-Tech Innovation Board [6]. - Since the introduction of the National Civil Space Infrastructure Medium- and Long-Term Development Plan in 2015, the commercial space industry in China has matured, with several companies transitioning from technology validation to commercialization and seeking public market funding [6].

中国证监会官网显示，9月15日，北京微纳星空科技股份有限公司（以下简称"微纳星空"）在北京证监 局完成IPO辅导备案，辅导机构为国泰海通证券。微纳星空是我国最早一批聚焦卫星整星研制的商业航 天企业，目前成为国内高端卫星制造头部企业。截至今年6月，微纳星空累计融资超20亿元，估值超70 亿元。今年5月，微纳星空还中标了金额达8亿元的"环天卫星星座建设"项目。 在微纳星空此前的融资中，投资方还包括中国航天科工集团有限公司旗下长江航天产业基金、涌铧资 本、安芙兰资本、沣扬资本、世纪资本、创想天使、比邻资本、元航资本、中科创星等。 作为国家级专精特新"小巨人"企业、国家级高新技术企业，微纳星空拥有卫星平台和核心部组件自主知 识产权，掌握卫星制造近40项关键技术，拥有注册专利超300件。 公司官网显示，微纳星空已成功研制并发射数十颗卫星，涵盖10kg—1000kg级卫星，涉及窄带低功耗通 信、宽带互联网卫星通信、中高分辨率光学遥感、高光谱红外遥感、高分辨率合成孔径雷达和科学与技 术试验卫星等多个领域。明星产品包含国内首颗由民企研制的0.5m分辨率遥感卫星——泰景三号01 星、国内首颗X波段商业SAR卫星——泰景四号01 ...

9月15日，证监会网站披露，北京微纳星空科技股份有限公司(简称"微纳星空")在北京证监局上市辅导 备案，辅导机构为国泰海通。 官网显示，微纳星空成立于2017年8月，主要从事卫星整星、地面站产品的研发与制造业务，围绕卫星 解决方案可为客户提供包括论证、设计、制造、测试、发射、测运控在内的"一站式"星地一体化交付服 务。 作为国家专精特新"小巨人"企业、国家级高新技术企业、商业航天领域独角兽企业，微纳星空拥有自主 知识产权的卫星平台和核心部组件，掌握卫星制造近40项关键技术，拥有注册专利超300件。 截至目前，微纳星空已成功研制并发射27颗卫星，涵盖10—1000kg级卫星，涉及窄带低功耗通信、宽带 互联网卫星通信、中高分辨率光学遥感、高光谱红外遥感、高分辨率合成孔径雷达和科学与技术试验卫 星等多个领域。明星产品包含国内首颗由民企研制的0.5m分辨率遥感卫星泰景三号01星、国内首颗X波 段商业SAR卫星泰景四号01星、国内首颗商业Ku波段相控阵雷达遥感卫星泰景四号03星等。 目前，微纳星空在北京、长春、无锡、成都等地广泛布局，构建起一条涵盖整星、载荷和部组件 的"研、产、试"造星全闭环，构建起年产大于60颗卫星 ...

来源：直通IPO；文/孙媛 9月16日，据证监会官网显示，北京微纳星空科技股份有限公司于2025年9月15日正式启动上市辅导，国泰海通证券担任辅导机构。 股东方面，微纳星空无控股股东，创始人高恩宇持有25.6363%的公司股份。 据公司官网显示，北京微纳星空科技股份有限公司成立于2017年8月，主要从事卫星整星、地面站产品的研发与制造业务，围绕卫星解决方案可为客户提供 包括论证、设计、制造、测试、发射、测运控在内的"一站式 "星地一体化交付服务。 作为国家专精特新"小巨人"企业、国家级高新技术企业、商业航天领域独角兽企业，微纳星空拥有自主知识产权的卫星平台和核心部组件，掌握卫星制造近 40项关键技术，拥有注册专利超300件。 截至目前，公司已成功研制并发射27颗卫星，涵盖10—1000kg级卫星，涉及窄带低功耗通信、宽带互联网卫星通信、中高分辨率光学遥感、高光谱红外遥 感、高分辨率合成孔径雷达和科学与技术试验卫星等多个领域。明星产品包含国内首颗由民企研制的0.5m分辨率遥感卫星 ——泰景三号01星、国内首颗X波 段商业SAR卫星——泰景四号01星等光学、国内首颗商业Ku波段相控阵雷达遥感卫星——泰景四号03星 ...