Core Insights - The company Jiangsu Yuanli Digital Technology Co., Ltd. (referred to as "Yuanli Digital") is under scrutiny regarding its financial aspects in the prospectus, particularly its revenue from 3D content production services for games [2] - Yuanli Digital's revenue from game 3D content production for the years 2021 to June 30, 2024, was reported as 255 million, 269 million, 275 million, and 138 million yuan, representing a significant portion of its main business revenue [4] - The company has invested in R&D, with total expenditures of approximately 22.84 million, 24.83 million, 25.17 million, and 12.70 million yuan over the reporting period, averaging 24.28 million yuan annually, which constitutes 5.07% of its operating income [5] Business Overview - Yuanli Digital specializes in 3D digital content production services, including commissioned production for games, animations, and other industries, utilizing digital information technology to transform designs into 3D images and animations [6] - The company is recognized for its role in the special effects production of the film "Ne Zha," which has contributed to renewed market interest in its IPO plans [6] Ownership and Control - The actual controller of Yuanli Digital, Zhao Rui, holds 12.14% of the shares directly and controls an additional 18.12% indirectly, totaling 30.26% of the company. Post-IPO, his voting power will decrease to 22.69% [5] - To maintain control stability, the company has implemented measures such as optimizing the equity structure and securing commitments from financial investors [5]