Core Viewpoint - Rongxin Huike Electric Co., Ltd. has entered the inquiry stage for its IPO on the Sci-Tech Innovation Board, aiming to raise approximately 977 million yuan for various projects [1][1][1] Company Overview - Rongxin Huike is a high-tech enterprise specializing in the research, development, manufacturing, sales, and service of core equipment for new power systems [1][1][1] - The company primarily provides flexible transmission complete equipment and high-power converters, along with technical services [1][1][1] IPO Details - The IPO was accepted on November 25, 2025, and is now in the inquiry phase [1][1][1] - The funds raised will be allocated to the development and industrialization of offshore wind power transmission equipment and key technologies, as well as the development of green low-carbon flexible power core equipment [1][1][1] - Additional funding will support the construction of a research and testing center and replenish working capital [1][1][1]

Core Viewpoint - Rongxin Huike Electric Co., Ltd. is attempting to go public on the Sci-Tech Innovation Board (STAR Market) again after a previous unsuccessful attempt, with a planned fundraising of 977 million yuan [1] Company Overview - Rongxin Huike is a high-tech enterprise specializing in the research, manufacturing, sales, and service of core equipment for new power systems, providing flexible transmission complete equipment and high-power converters [1] Financial Performance - The projected operating revenues for Rongxin Huike from 2022 to the first half of 2025 are approximately 1.942 billion yuan, 233 million yuan, 508 million yuan, and 234 million yuan respectively [1] - The corresponding net profits attributable to the company are expected to be around 182 million yuan, -56.28 million yuan, 35.42 million yuan, and -5.37 million yuan for the same periods [1] Fundraising Purpose - The company aims to use the raised funds for the research and industrialization of offshore wind power transmission complete devices and key technologies, the development of green low-carbon flexible power core equipment, the establishment of a research/testing center, and to supplement working capital [1] Previous IPO Attempt - This is the second attempt by Rongxin Huike to list on the STAR Market, having previously received acceptance for its IPO application in December 2021, which was later withdrawn in June 2022 [1]