Core Insights - Quantum precision measurement leverages the high sensitivity of quantum states to surpass classical measurement limits, with applications in communication, navigation, energy, and healthcare, showcasing advantages of "ultra-precision, high stability, and anti-interference" [1][5][6] Industry Overview - The global quantum precision measurement market is projected to grow from $1.67 billion in 2024 to approximately $2.24 billion in 2026, with a forecasted market size of $4.457 billion by 2035, reflecting a compound annual growth rate (CAGR) of 14.4% from 2024 [6] - In China, the quantum precision measurement market is expected to reach $295 million in 2024, $435 million in 2025, and $520 million in 2026, with a long-term projection of $1.053 billion by 2035 [6][7] Application Distribution - The primary applications of quantum precision measurement in China are in military defense, which holds a market share of 58.98%, followed by civilian and scientific fields, which together account for approximately 10.51% [7] Industry Chain - The upstream of the quantum precision measurement industry includes components such as lasers, low-temperature equipment, and superconducting magnets, while the midstream focuses on the production of various measurement devices, including time, inertial, magnetic, and gravity measurement equipment [8][9] Competitive Landscape - The domestic quantum precision measurement market is characterized by increasing competition, with key players including Guo Yi Quantum, Tian Ao Electronics, and others, focusing on various measurement devices such as quantum clocks and quantum gravity meters [11][12] - Guo Yi Quantum is recognized as a leading company in the sensor industry, providing enhanced quantum sensors and scientific instruments, with significant advancements in measurement sensitivity and precision [12] Development Trends - The integration of AI with quantum precision measurement is anticipated to drive technological and industry transformations, enhancing data processing and expanding application ranges [13] - Future advancements will focus on improving technology maturity and overcoming challenges related to size, power consumption, cost, and adaptability to task environments [13][14]

突击分红又巨额补流质疑存在过度融资 《新财闻》获悉，频准激光在2022年至2025年上半年实现的营业收入分别为8042.91万元、1.48亿元、 2.92亿元和1.80亿元，复合增长率达90.49%。而同期扣除非经常性损益后归属于母公司股东的净利润分 别为3088.55万元、5780.31万元、11,143.08万元和 6615.36 万元。 随着资本市场服务科技创新战略的深入推进，A股IPO审核节奏显著加快。据沪深北三大交易所最新数 据，仅12月上半月，已有12家企业通过上市委审议，创下2025年以来单月过会数量新高。 其中，科创板、创业板及北交所合计占比超83%，半导体、人工智能、高端制造等"硬科技"领域企业成 为本轮提速主力。同时，IPO审核不仅数量激增，速度亦大幅提升。以摩尔线程、沐曦股份等为代表的 一批半导体企业，从提交注册到获证监会批文平均仅用时14天，部分项目甚至压缩至3–5个工作日。 《新财闻》获悉，IPO加速背后是清晰的顶层设计。今年6月，科创板"1+6"改革落地，试点IPO预先审 阅机制、扩大第五套标准适用范围、设立科创成长层，制度包容性显著增强。然而，IPO审核的"加速 度"不等于门槛降 ...

Core Viewpoint - The company, Pingzhun Laser Technology Co., Ltd., is preparing for an IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board, showcasing rapid revenue growth and a strong management team composed of top talents from the Chinese Academy of Sciences [1][20]. Group 1: Company Overview - Pingzhun Laser was founded in November 2017 with an initial registered capital of 1 million yuan, primarily focusing on the research, production, and sales of precision lasers [2]. - The company has attracted significant investment from well-known institutions, including Lianxin Capital and Puhua Capital, due to its strong management team and innovative product offerings [1][7]. - The core team consists of PhD graduates, with the majority being from the Shanghai Institute of Optics and Fine Mechanics [8][10]. Group 2: Financial Performance - The company's revenue has increased 2.7 times over the past three years, with net profit expected to exceed 100 million yuan in 2024 [1][20]. - Revenue figures for the years 2022 to 2025 are reported as 80.43 million yuan, 148 million yuan, 292 million yuan, and 180 million yuan, respectively, indicating a compound annual growth rate of 90.49% [20]. - The gross profit margin has consistently been around 65% to 70%, significantly higher than the industry average of approximately 34% [23]. Group 3: Product and Market Focus - Pingzhun Laser specializes in precision lasers for quantum technology and semiconductor applications, with a significant portion of revenue derived from quantum technology lasers [13][14]. - The company’s product offerings include seed lasers, single-frequency infrared lasers, and laser systems, with a notable increase in revenue from semiconductor applications from 328,730 yuan in 2022 to 7,490,710 yuan in 2024 [15][16]. - The company’s major clients include universities and research institutions, with the Chinese Academy of Sciences being one of the top five customers [21]. Group 4: Management and Governance - The management team is predominantly composed of individuals born in the 1980s and 1990s, all holding doctoral degrees, which reflects a strong academic background [9][10]. - The company has faced scrutiny regarding its independent director, who received a warning from regulatory authorities, although this has not affected the company's qualifications for the IPO [11][12]. Group 5: Research and Development - The company has invested nearly 100 million yuan in R&D over the past three years, with R&D expenses growing at a compound annual growth rate of 119.33% [26]. - R&D personnel make up 19.46% of the total workforce, emphasizing the company's commitment to innovation and technology [26]. Group 6: Cash Flow and Financial Health - As of mid-2025, the company reported a net cash flow from operating activities of 25.5 million yuan, with a net cash ratio of 36% [30]. - The company has maintained a healthy liquidity position, with a current ratio of 2.58 and a decreasing debt-to-asset ratio, indicating improved solvency [30].

成立逾八年，上海频准激光科技股份有限公司（以下简称"频准激光"）在创始人张磊的带领下叩响资本 市场大门，公司科创板IPO近期获得受理。闯关IPO背后，频准激光年度净利润持续增长，今年上半年 归属净利润约7090.63万元。值得一提的是，2022年及今年上半年，频准激光分别分红500万元和2000万 元，合计现金分红2500万元，然而公司此次IPO仍欲募资补流。另外，频准激光的存货规模也出现明显 增加。 上半年分红2000万元 伴随招股书获受理，频准激光也正式开启IPO之路。 成立于2017年的频准激光，主营精准激光器的研发、生产与销售。公司主要面向量子计算、量子精密测 量等量子科技领域，晶圆制造、晶圆量检测、晶圆隐切等半导体领域，以及激光干涉曝光、激光遥感等 前沿科研领域，发展出全新的精准激光技术路线，推出波长、线宽、噪声、功率、脉冲等精准调控的激 光器产品。 闯关IPO背后，频准激光有着较强的业绩底气。2022—2024年及今年上半年，频准激光营收分别约 8042.91万元、1.48亿元、2.92亿元、1.8亿元；对应实现归属净利润分别约3396.29万元、6046.36万元、 1.16亿元、7090.63 ...

成立逾八年，上海频准激光科技股份有限公司（以下简称"频准激光"）在张磊的带领下叩响资本市场的大门，公司科创板IPO近期获得受理。闯关IPO背 后，公司年度净利润持续增长，今年上半年实现归属净利润约7090.63万元。值得一提的是，2022年、2025年上半年，频准激光分红500万元、2000万元，合 计现金分红2500万元，然而公司此次IPO仍欲募资补流。另外，频准激光的存货规模也出现明显增加。 | 公司全称 | 上海频准激光科技股份有限公司 | 受理日期 | | --- | --- | --- | | 公司简称 | 频准激光 | 融资金额( | | 审核状态 | 已受理 | 更新日期 | 从募资投向来看，频准激光拟募集资金约14.1亿元，扣除发行费用后，将投资于精准激光系统产业化建设项目、研发中心建设项目、武汉研发中心建设项 目、补充流动资金，拟分别投入募资额6.37亿元、3.72亿元、1.52亿元、2.5亿元。 IPO公司大手笔分红的情况一直是市场关注的焦点。沪深交易所曾表示，进一步研究加强对拟上市企业上市前突击"清仓式"分红行为的监管，引导拟上市企 业承诺申报后在审期间不进行现金分红，鼓励企业更多将累积 ...

来源：企业上市 2025年12月8日，上海证券交易所官网显示，上海频准激光科技股份有限公司的科创板上市申请已获正式受理。引发市场特别关注的是，这家掌握高端激 光核心技术企业的"掌舵人"，是一位出生于1986年的博士——张磊。 招股说明书揭示，现年38岁的张磊直接及间接合计控制公司62.04%的股权，为公司的控股股东及实际控制人。他的个人履历完美诠释了"学而优则创"：拥 有博士研究生学历的张磊，在中国科学院上海光学精密机械研究所担任了四年多的副研究员，是一名扎根一线的科研工作者。2017年，他创立频准激光， 完成了从实验室科学家到高科技企业领航者的转型，目前身兼公司董事长与总经理。 上海市科学技术奖励大会 1 and 10 t 海市人民政府 首页 党建 发行上市 披露 监管 数据 产品 服务 规则 关于 一网通办│"三开门"专栏 发行上市 〉审核项目动态 〉 上海频准激光科技股份有限公司 ■□■□□□□ 已问询 上市委会议 提交注册 注册结果 项目基本信息 公司全称 上海频准激光科技股份有限公司 委通日期 2025-12-08 公司简称 频准激光 融资金额(亿元) | 14.10 审核状态 已受理 更新日期 2 ...

| 财务指标/时间 | 2024年 | 2023年 | 2022年 | | --- | --- | --- | --- | | 营业收入（万元） | 29185.72 | 14772.14 | 8042.91 | | 归属母公司股东的净利润（万元） | 11561.60 | 6046.36 | 3396.29 | | 扣除非经常损益后归属母公司所有者净利润（万元） | 11143.08 | 5780.31 | 3088.55 | | 基本每股收益（元） | 3.9200 | 2.1200 | 1.1900 | | 稀释每股收益（元） | 3.9200 | 2.1200 | 1.1900 | | 加权平均净资产收益率（%） | 47.32 | 68.56 | 78.35 | | 经营活动产生的现金流量净额（万元） | 11672.75 | 6009.66 | 1381.26 | | 研发投入（万元） | | | | 研发投入占营业收入比例（%） （文章来源：证券时报网） 12月8日上交所新增受理上海频准激光科技股份有限公司（简称频准激光）科创板上市申请。公司拟募 集资金14.10亿元。 频准激光成立于2017年 ...

经过多年的研发创新，公司发展出一条"种子源+光纤放大+非线性频率变换+稳频"的精准激光技术路 线，成功实现177-5000nm全波段覆盖的窄线宽、低噪声、高频率稳定性、大功率激光输出，相较于国 外传统半导体激光器和钛宝石激光器，该方案具备抗振动、可搬运、无跳模等显著优势，部分关键性能 指标超越国际同类产品。凭借精准激光器产品优越的性能指标和极高的可靠性稳定性，公司充分地满足 量子科技领域和半导体领域对精准光源的需求。 智通财经APP获悉，12月8日，上海频准激光科技股份有限公司(简称：频准激光)上交所科创板IPO已受 理。中信建投为其保荐机构，拟募资14.10亿元。 据招股书，公司主要面向量子计算、量子精密测量等量子科技领域，晶圆制造、晶圆量检测、晶圆隐切 等半导体领域，以及激光干涉曝光、激光遥感等前沿科研领域，发展了全新的精准激光技术路线，推出 波长、线宽、噪声、功率、脉冲等精准调控的激光器产品，助力我国量子科技和半导体产业链国产化进 程。 公司瞄准量子计算和量子精密测量对宽波段、窄线宽、低噪声、高功率精准激光器的需求，由光纤DFB 种子源或半导体种子源产生低噪声精准种子激光，经光纤放大器进行功率放大，再利 ...

北京商报讯（记者 马换换 王蔓蕾）12月8日晚间，上交所官网显示，上海频准激光科技股份有限公司 （以下简称"频准激光"）科创板IPO获得受理。 本次冲击上市，频准激光拟募集资金约14.1亿元，所募集资金扣除发行费用后，将投资于精准激光系统 产业化建设项目、研发中心建设项目、武汉研发中心建设项目、补充流动资金。 据了解，频准激光主营业务为精准激光器的研发、生产与销售。截至招股书签署日，张磊直接持有公司 54.71%的股权，通过上海光团控制公司7.33%的股权，张磊合计控制公司62.04%股权，系公司的控股股 东、实际控制人。 ...