本报讯(记者蒙婷婷)6月10日，四川西南交大铁路发展股份有限公司(证券简称：交大铁发，证券代码： 920027)正式登陆北京证券交易所(以下简称"北交所")，公司此次发行股票数量为1909万股，发行价格为 8.81元/股。 招股说明书显示，交大铁发此次IPO发行拟募集资金约1.68亿元，拟用于新津区交大铁发轨道交通智能 产品及装备生产新建项目、新津区交大铁发研发中心建设项目、营销及售后服务网络建设项目等项目和 补充流动资金。 围绕轨道交通智能产品及装备、轨道交通专业技术服务两大主业，交大铁发为客户提供安全监测检测类 产品、铁路信息化系统、新型材料、智能装备、测绘服务、运维服务等具体产品和服务，致力于保障轨 道交通运营安全，提升运营效率。 在安全监测检测类产品板块，交大铁发拥有地震预警系统、道岔监测系统和线路监测系统等细分品类。 具体来看，公司地震预警系统历经多轮第三方评价测试，性能指标通过了铁科院"高速铁路系统试验国 家工程实验室"检测，产品通过了中铁检验认证中心认证并获得CRCC证书。同时，公司地震预警系统 全套设备具备干扰识别、地震拾取、震级预警等多项自主研发的技术，设备环境适应能力和可靠性较 强，并在地 ...

Core Viewpoint - The company, Southwest Jiaotong University Railway Development Co., Ltd. (referred to as "Jiaotai Tifa"), is set to go public on the Beijing Stock Exchange, marking its entry into the capital market after nearly two decades in the rail transit safety monitoring sector, positioning itself as a "hidden champion" in the industry [1] Company Overview - Jiaotai Tifa has established a robust innovation-driven research and development system, ensuring continuous innovation capabilities and maintaining a technological edge in the rail transit safety monitoring field [1][2] - The company has participated in the development of the "High-speed Railway Earthquake Early Warning System" and is one of only three suppliers certified by CRCC for this system [2] - As of the signing date of the prospectus, the company has participated in the formulation of three industry and local standards, holds 22 authorized invention patents, 57 utility model and design patents, and 73 software copyrights, showcasing significant technical barriers [2] Market Trends - The rail transit sector is experiencing a shift from a "construction peak" to an "operation and maintenance golden period," with over 30,000 kilometers of high-speed rail expected to enter major repair cycles by 2025, leading to an operation and maintenance market exceeding 100 billion yuan annually [3] - The intelligent monitoring market in China is projected to exceed 20 billion yuan by 2025, with a compound annual growth rate of over 25%, driven by policy incentives and upgraded demand [3] IPO Details - Jiaotai Tifa plans to raise 168 million yuan through its IPO, which will be allocated to new projects for intelligent rail transit products and equipment production, the establishment of a research and development center, marketing and after-sales service network construction, and to supplement working capital [3] - The company's IPO reflects a typical growth logic for innovative enterprises, building an irreplaceable technological moat in a niche market and leveraging capital to amplify scale effects [4]