招股书显示，创达新材成立于2003年，主营业务是高性能热固性复合材料的研发、生产和销售。公司的主要产品包括环氧 模塑料、液态环氧封装料、有机硅胶、酚醛模塑料和导电银胶等电子封装材料。 根据申请文件，无锡绍惠贸易有限责任公司主营业务为化工产品及原料的贸易，曾为创达新材全资子公司，2023年11月， 创达新材向无锡妙阳转让了其15.01%的股权，持股比例降至4.99%，使其成为参股公司。 创达新材同时存在向无锡绍惠及其关联方上海晟一等的购销交易，报告期内，创达新材向无锡绍惠及采购金额分别为 508.76万元、614.55万元、846.45万元，2024年无锡绍惠成为创达新材第五大供应商。 北交所请创达新材说明无锡绍惠设立的背景，结合无锡绍惠的历史股东、主营业务、经营情况等，说明创达新材历次处置 无锡绍惠股权的对手方、原因及合理性，注册地址、办公地址、主要生产经营地址重合的原因及合理性，创达新材是否真 实处置了无锡绍惠的股权，是否仍实际控制无锡绍惠。 瑞财经 王敏 9月25日，无锡创达新材料股份有限公司（以下简称"创达新材"）及申万宏源承销保荐发布关于第一轮问询的 回复，涉及关联交易必要性与合理性等。 说明历次股权 ...

Company Overview - Wuxi Chuangda New Materials Co., Ltd. (Chuangda New Materials) has submitted a prospectus for an IPO on the Beijing Stock Exchange, with Shenwan Hongyuan Securities as the lead underwriter [1] - The company is based in Wuxi, Jiangsu Province, and is controlled by Zhang Jun and Lu Nanping, who hold a combined 51.87% of the shares [1] Industry Insights - The global semiconductor materials market is projected to reach $67.5 billion in 2024, with a year-on-year growth of 3.8%, driven by the recovery of the semiconductor market and increased demand for advanced materials in high-performance computing [1] - In 2024, the semiconductor materials sales in mainland China are expected to be $13.5 billion, representing a 5.3% increase and accounting for approximately 20% of the global market [1] Financial Performance - Chuangda New Materials reported revenues of approximately 311 million yuan, 345 million yuan, and 419 million yuan for the years 2022, 2023, and 2024, respectively [2] - The net profits for the same years were approximately 22.55 million yuan, 51.37 million yuan, and 61.20 million yuan, with gross margins of 24.80%, 31.47%, and 31.80% [2] - For Q1 2025, the company achieved revenues of about 10 million yuan, reflecting a year-on-year growth of 21.68%, and a net profit of approximately 1.6 million yuan, up 37.83% [3] Financial Metrics - Total assets as of December 31, 2024, were approximately 640 million yuan, with total equity of about 545 million yuan [3] - The company's debt-to-asset ratio was 14.79% for the consolidated entity and 10.79% for the parent company as of December 31, 2024 [3] - The earnings per share (EPS) for the parent company was 14.75 yuan as of December 31, 2024 [3] Investment Plans - Chuangda New Materials plans to raise 300 million yuan through the IPO, which will be allocated to the construction of a production line for semiconductor packaging materials, a research and development center, and to supplement working capital [5][6] - The production line project has a total investment of 236 million yuan, with 200 million yuan to be funded from the IPO proceeds [6]

Core Viewpoint - Wuxi Chuangda New Materials Co., Ltd. has completed its listing guidance and plans to list on the Beijing Stock Exchange, with Shenwan Hongyuan Securities as the underwriting sponsor [3] Company Overview - Chuangda New Materials was established in 2003 and specializes in the research, production, and sales of high-performance thermosetting composite materials [3] - The main products include epoxy molding compounds, liquid epoxy encapsulants, silicone gels, phenolic molding compounds, and conductive silver pastes [3] Financial Performance - In 2024, Chuangda New Materials reported a revenue of 419 million yuan, representing a year-on-year increase of 21.53% [3] - The net profit attributable to shareholders was 61.22 million yuan, up 18.95% year-on-year [3] - The gross profit margin was 31.8%, slightly up from 31.47% in the previous year [3] Shareholding Structure - The actual controllers, Zhang Jun and Lu Nanping, collectively control 51.87% of the company's shares [3] - Zhang Jun holds 26.98% of the voting rights and serves as the Chairman and General Manager [3] - Lu Nanping holds 24.89% of the voting rights and serves as the Vice Chairman and Deputy General Manager [3] - They, along with other investors, have signed a "Joint Action Agreement" [3]