来源：小财米 小财米注意到，2025年12月25日，证监会网站披露，同意科创板企业有研金属复合材料（北京）股份公司的首次公开发行股票注册的批复。 有研金属复合材料（北京）股份公司 投资与理财新媒体平台 小财米 在线征稿 (IPO、上市公司等金融财经相关,根据内 容及阅读量给予稿费,具体请发私信) 征稿邮箱: xiaocaimibjb@163.com 小财米保证爆料人的信息安全 公司金属基复合材料及制品业务板块起源于国家复合材料工程中心。该中心创建于1992年，以推动金属复合材料工程化与应用为目标，是国内最早从事金属 基复合材料工程技术研究的机构之一。 经过30余年的积累，有研复材拥有国际先进、国内领先的铝基复合材料产业化技术，生产的产品多数属于国内首次应用于航空航天、军工电子、智能终端等 国家重点工程和战略新兴行业。率先开发出航空用铝基结构复合材料粉末冶金产业化技术，生产的铝基复合材料航空锻件产品应用于直升机和固定翼飞机等 国家重点工程，解决了我国直升机高转速、大载荷工况下关键零部件的轻量化、长寿命等问题和航空飞行器零部件用核心材料的"卡脖子"难题，突破铝基复 合材料在航空领域关键重要件的首次应用，实现进口替 ...

智通财经APP获悉，12月25日，中国证监会发布《关于同意有研金属复合材料(北京)股份公司首次公开发行股票注册的批复》。据悉，有研复材拟在上交所 科创板上市，中信证券为保荐机构，拟募资9亿元。 招股书显示，有研复材是一家主要从事金属复合材料及制品、特种有色金属合金制品研发、生产和销售的高新技术企业，业务分为金属复合材料及制品和特 种有色金属合金制品板块。主要产品包括金属基复合材料及制品、双金属复合材料及制品、特种铝合金制品和特种铜合金制品等，公司产品广泛应用于航空 航天、军工电子、智能终端、家用电器等领域。 目前，公司金属基复合材料产品主要为铝基复合材料。公司主要产品中的航空锻件已批量应用于直升机和固定翼飞机，实现我国航空领域关键零部件的首次 应用和进口替代，公司成为国内该类产品的唯一供应商。 ...

智通财经APP获悉，12月13日，有研金属复合材料(北京)股份公司(简称：有研复材)上交所科创板IPO以 及安徽林平循环发展股份有限公司(简称：林平发展)上交所主板IPO申请审核状态变更为"提交注册"。 保荐机构分别为中信证券和国联民生证券承销保荐有限公司，分别拟募资9亿元和12亿元。 招股书显示，有研复材是一家主要从事金属复合材料及制品、特种有色金属合金制品研发、生产和销售 的高新技术企业，业务分为金属复合材料及制品和特种有色金属合金制品板块。主要产品包括金属基复 合材料及制品、双金属复合材料及制品、特种铝合金制品和特种铜合金制品等，公司产品广泛应用于航 空航天、军工电子、智能终端、家用电器等领域。 林平发展主要从事包装用瓦楞纸、箱板纸产品的研发、生产和销售；经过多年发展，公司已成长为集废 纸利用、热电联产、绿色造纸于一体的资源综合利用企业。公司通过废纸利用、污水处理、白水和中水 回用、沼气燃烧发电、污泥回用、热电联产、绿色制造等工艺，实现资源的循环利用和可持续发展。公 司主要产品包括瓦楞纸、箱板纸，公司产品销往下游制作成瓦楞纸箱，被广泛应用于物流运输、工业品 及消费品包装领域。 ...

中国经济网北京12月13日讯 上海证券交易所上市审核委员会2025年第63次审议会议于昨日召开， 审议结果显示，有研金属复合材料（北京）股份公司（简称"有研复材"）首发符合发行条件、上市条件 和信息披露要求。这是今年过会的第90家企业（其中，上交所和深交所一共过会50家，北交所过会40 家）。 有研复材的保荐机构为中信证券股份有限公司，保荐代表人为伍玉路、李钦佩。这是中信证券今年 保荐成功的第11单IPO项目。此前，2月21日，中信证券保荐的江苏汉邦科技股份有限公司过会；4月18 日，中信证券保荐的广州瑞立科密汽车电子股份有限公司过会；7月11日，中信证券保荐的北矿检测技 术股份有限公司过会；8月14日，中信证券保荐的西安奕斯伟材料科技股份有限公司过会；9月19日，中 信证券保荐的苏州市新广益电子股份有限公司过会；9月26日，中信证券保荐的苏州摩尔线程智能科技 （北京）股份有限公司过会；10月15日，中信证券保荐的厦门优迅芯片股份有限公司过会；11月7日， 中信证券保荐的浙江海圣医疗器械股份有限公司过会；11月14日，中信证券保荐的深圳市恒运昌真空技 术股份有限公司过会；12月9日，广州慧谷新材料科技股份有限 ...

12月12日，有研金属复合材料(北京)股份公司（有研复材）科创板上市成功过会，保荐机构是中信证券。 有研复材主要从事金属复合材料及制品、特种有色金属合金制品的研发、生产和销售主要产品包括金属基复合材料及制品、双金属复合材料及制品、特种铝 合金制品和特种铜合金制品等，公司产品广泛应用于航空航天、军工电子、智能终端、家用电器等领域。 据短平快解读了解，本次IPO，有研复材拟公开发行不超过1.59亿股，拟募集资金9亿元，用于先进金属基复合材料产业化项目二期、研发中心项目、补充流 动资金项目，拟投入募集资金分别为6.44亿元、1.3亿元、1.26亿元。 | 序号 | 项目名称 | 项目总投资额 | 拟投入募集资金金 | | --- | --- | --- | --- | | 1 | 先进金属基复合材料产业化项目二期 | 64.449.83 | 64.449.8 | | 2 | 研发中心项目 | 12,955.89 | 12,955.8 | | 3 | 补充流动资金 | 12,594.28 | 12,594.2 | | | 合计 | 90,000.00 | 90,000. | 上半年产能利用率下滑，产能消化要引起关注。 ...

智通财经APP获悉，12月12日，有研金属复合材料(北京)股份公司(简称：有研复材)通过上交所科创板上 市委会议。中信证券为其保荐机构，拟募资9亿元。 招股书显示，有研复材是一家主要从事金属复合材料及制品、特种有色金属合金制品研发、生产和销售 的高新技术企业，业务分为金属复合材料及制品和特种有色金属合金制品板块。 公司主要产品包括金属基复合材料及制品、双金属复合材料及制品、特种铝合金制品和特种铜合金制品 等，公司产品广泛应用于航空航天、军工电子、智能终端、家用电器等领域。 目前，公司金属基复合材料产品主要为铝基复合材料。公司主要产品中的航空锻件已批量应用于直升机 和固定翼飞机。此外，公司基于在金属基复合材料领域的技术积累，开创性地研发出超薄手机电池仓产 品，首次实现铝基复合材料在智能手机上千万数量级的大规模应用。 公司硅铝复合材料系列产品应用于军用电子封装领域，实现进口替代。公司自主原创研制的超高导热石 墨铝复合材料应用于军用电子领域，解决航天、航空等电子装备芯片散热难题。 在特种铜合金方面，公司拥有国内领先的水平连铸高效短流程制备技术，生产的高镍白铜成功用于眼镜 和乐器行业是全球龙头眼镜生产公司依视路陆逊梯 ...

| | 科创板 | | | | | | --- | --- | --- | --- | --- | --- | | 公司简称 | 主营业务 | 2024年营收 | 2024年净利润 | 审核结果 | 保荐/律所/审计 | | 有研复材 | 金属复合材料及制品、特种有色金 属合金制品的研发、生产和销售 | 60,963.98 | 5,536.12 | 通过 | 中信证券/北京德恒/信永中和 | | | 创业板 | | | | | | 公司简称 | 主营业务 | 2024年营收 | 2024年净利润 | 审核结果 | 保荐/律所/审计 | | 宏明电子 | 以阻容元器件为主的新型电子元器 件的研发、生产和销售 | 249,382.90 | 25,191.14 | 通讨 | 国信证券/北京中伦/天健 | | | 北交所 | | | | | | 公司简称 | 主营业务 | 2024年营收 | 2024年净利润 | 审核结果 | 保荐/律所/审计 | | 美亚科技 | 泛商旅综合解决方案提供商 | 40,094.90 | 7.502.48 | 通过 | 广发证券/北京中伦/广东司农 | | 原力数字 | 3D数字内容制 ...

IPO Summary - Three companies are scheduled for IPO review from December 8 to December 12, aiming to raise a total of 5.928 billion yuan [1] - The companies include: - Huigu New Materials, seeking to raise 900 million yuan, specializes in chemical raw materials and chemical products manufacturing [2] - Linping Development, aiming for 1.2 billion yuan, operates in the paper and paper products industry [2] - Yuelong Technology, targeting 289 million yuan, focuses on rubber and plastic products [2] Company Details Huigu New Materials - Established on October 11, 1999, with a registered capital of 47.3373 million yuan [4] - The company focuses on high polymer materials and aims to become a global leader in functional material technology innovation [4][5] - Recent financial performance includes: - Total assets of 1.366 billion yuan as of June 30, 2025 [5] - Net profit of 107.0735 million yuan for the first half of 2025 [7] Linping Development - Founded on January 24, 2002, with a registered capital of 56.5611 million yuan [8] - The company specializes in the research, production, and sales of corrugated paper and boxboard products [9] - Recent financial performance includes: - Total assets of 2.548 billion yuan as of June 30, 2025 [9] - Net profit of 91.419 million yuan for the first half of 2025 [9] Yuelong Technology - Established on March 18, 2009, with a registered capital of 61 million yuan [11] - The company focuses on the research, production, and sales of flexible pipelines for fluid transportation [11] - Recent financial performance includes: - Total assets of 586.369 million yuan as of June 30, 2025 [14] - Net profit of 5.302 million yuan for the first half of 2025 [14] Fundraising Plans - Huigu New Materials plans to invest in projects including an annual production expansion of environmentally friendly coatings and resins, with a total investment of 919.2431 million yuan [8] - Linping Development aims to utilize the raised funds for expanding production capacity and enhancing operational efficiency [9] - Yuelong Technology's fundraising will support the development of high-performance rubber hoses and production facility upgrades [16] Additional Information - Meiya Technology has reduced its fundraising target from 360 million yuan to 200 million yuan, eliminating certain projects from its plan [2][3] - Two refinancing companies are also scheduled for review, aiming to raise a total of 999.5 million yuan [4]

Core Viewpoint - Youyan Composite Materials (Beijing) Co., Ltd. has applied for an IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board, with a fundraising target of 900 million yuan [1] Group 1: Company Overview - Youyan Composite Materials is a high-tech enterprise primarily engaged in the research, production, and sales of metal composite materials and special non-ferrous metal alloy products [1] - The company's product offerings include metal matrix composite materials, bimetallic composite materials, special aluminum alloy products, and special copper alloy products, which are widely used in aerospace, military electronics, smart terminals, and home appliances [1] Group 2: Revenue Composition - In the fiscal year 2024, the revenue composition is projected to be 72.8% from metal composite materials and 27.2% from special non-ferrous metal alloy products [2] - The company has a significant portion of its sales coming from international markets, with overseas sales accounting for 37.42%, 27.99%, and 21.52% of total revenue in the years 2022, 2023, and 2024, respectively [2] Group 3: Financial Data - The company's projected revenues for the years 2022, 2023, and 2024 are approximately 414 million yuan, 498 million yuan, and 610 million yuan, respectively [3] - The net profits for the same years are estimated to be around 75.11 million yuan, 61.91 million yuan, and 68.44 million yuan, respectively [3] - Total assets as of December 31 for the years 2022, 2023, and 2024 are reported to be 576.36 million yuan, 755.33 million yuan, and 1.088 billion yuan, respectively [5] - The company's equity attributable to shareholders is projected to grow from 307.88 million yuan in 2022 to 745.99 million yuan in 2024 [5] Group 4: Financial Ratios - The debt-to-asset ratio for the parent company is expected to decrease from 38.91% in 2023 to 26.72% in 2024, indicating improved financial stability [7] - The consolidated debt-to-asset ratio is projected to decline from 40.53% in 2023 to 30.97% in 2024 [7]

Core Viewpoint - Youyan Composite Materials (Beijing) Co., Ltd. has received acceptance for its IPO on the Sci-Tech Innovation Board, aiming to raise 900 million yuan for various projects and working capital [3]. Group 1: Company Overview - Youyan Composite Materials is a high-tech enterprise primarily engaged in the R&D, production, and sales of metal composite materials and special non-ferrous metal alloy products [3]. - The company's main products include metal matrix composite materials, bimetallic composite materials, special aluminum alloy products, and special copper alloy products, which are widely used in aerospace, military electronics, smart terminals, and home appliances [3]. Group 2: Financial Performance - The projected operating revenues for Youyan Composite Materials from 2022 to 2024 are 414 million yuan, 498 million yuan, and 610 million yuan, respectively [3]. - The net profits attributable to the parent company for the same period are expected to be 23.65 million yuan, 45.06 million yuan, and 55.36 million yuan, respectively [3]. - The gross profit margins for the main business are projected to be 26.93%, 27.45%, and 25.97% for the years 2022, 2023, and 2024, respectively [3]. Group 3: Shareholding Structure - China Research Institute directly holds 50.85% of Youyan Composite Materials and indirectly holds an additional 19.81% through its subsidiary, totaling 72.06% control [4]. - The actual controller of Youyan Composite Materials is the State-owned Assets Supervision and Administration Commission of the State Council, which fully funds China Research Institute [5]. Group 4: Management Team - The current chairman and core technical personnel is Fan Jianzhong, while Chen Chunsheng serves as the general manager [7]. - Zhao Caixia holds the positions of financial director, board secretary, and general legal counsel [7]. - The total compensation for the management team during the reporting period was 5.7464 million yuan, 6.4295 million yuan, and 6.3075 million yuan, representing 6.81%, 9.41%, and 8.26% of the total profit for the respective periods [7].