瑞财经 严明会 1月30日，北京华电光大环境股份有限公司（以下简称：华电光大）北交所IPO获受理， 保荐机构开源证券，保荐代表人李金城、文君然，会计师事务所为容诚会计师事务所。 华电光大成立于2013年，注册资本1.3亿元，注册地在北京昌平华北电力大学主楼，主营新型催化材料研 发与产业化，国家级专精特新"小巨人"企业。 本次拟募资2.6亿元，用于"年产量5000立方CO氧化催化剂生产装备建设项目"等三大项目以及补充流动 资金。 2025年，公司与中国宝武钢铁集团有限公司合作的烧结烟气CO催化氧化协同减污降碳技术取得重大突 破。公司新产品CO氧化催化剂产品实现了商业化落地。 | 厅 | 前五大客户 | 销售内容 | 金额(月 | 百营业收入的 | | --- | --- | --- | --- | --- | | 号 | | | 元) | 比重(%) | | | | 2025年1-9月 | | | | 1 | 国家能源投资集团有限 | 平板式 SCR 脱硝催化剂 | 4.520.86 | 16.62 | | | 责任公司 | | | | | 2 | 光大环保技术装备(常 | 平板式 SCR 脱硝催化 | 2.4 ...

华电光大选择适用《北京证券交易所股票上市规则》第2.1.3条第一项之上市标准："预计市值不低于2亿 元，最近两年净利润均不低于1500万元且加权平均净资产收益率平均不低于8%，或者最近一年净利润 不低于2500万元且加权平均净资产收益率不低于8%"。 据悉，华电光大本次拟向不特定合格投资者公开发行股票数量不超过2800万股（未考虑超额配售选择权 的情况下）；不超过3220万股（全额行使本次股票发行的超额配售选择权的情况下）。其拟于北交所上 市，保荐机构为开源证券。本次冲击上市，华电光大拟募集资金约2.6亿元，拟投资于年产量5000立方 米CO氧化催化剂生产装备建设项目、年产10000立方米CO及脱硝板式催化剂装置技改项目、烟气治理 设备及新型催化材料研发项目、补充流动资金。 公开资料显示，华电光大是一家致力于新型催化材料研发与产业化的高新技术企业，主营业务为脱除氮 氧化物（NOx）、一氧化碳（CO）和挥发性有机化合物（VOCs）等大气污染物的新型催化材料的研 发、设计、生产和销售，废旧催化剂回收和再生及相关服务。报告期内公司主营产品为SCR脱硝催化 剂、CO氧化催化剂以及相关服务，主要应用于火电、钢铁、生物质 ...

Core Viewpoint - Beijing Huadian Guangda Environment Co., Ltd. has received acceptance for its IPO application on the Beijing Stock Exchange, marking it as the first company to be accepted for IPO in 2026. The sponsor for this IPO is Kaiyuan Securities [1]. Financial Performance - The company reported operating revenues of 268.80 million yuan, 330.32 million yuan, 314.61 million yuan, and 271.94 million yuan for the years 2022, 2023, 2024, and the first nine months of 2025, respectively. The net profit attributable to the parent company for the same periods was 18.73 million yuan, 43.31 million yuan, 25.23 million yuan, and 38.25 million yuan. The revenue for 2024 decreased by 4.76% year-on-year, while the net profit decreased by 41.73% year-on-year [3][5]. Cash Flow - The net cash flow from operating activities was negative for several periods, with figures of -26.49 million yuan, 0.40 million yuan, 1.04 million yuan, and -37.04 million yuan for 2022, 2023, 2024, and the first nine months of 2025, respectively, resulting in a cumulative negative cash flow of -49.12 million yuan [6][7]. Accounts Receivable - The accounts receivable balance at the end of each reporting period was 113.63 million yuan, 172.11 million yuan, 190.56 million yuan, and 194.60 million yuan, representing 42.27%, 52.11%, 60.57%, and 71.56% of the respective operating revenues [8][10]. The growth rate of accounts receivable exceeded that of operating revenue in 2023 and 2024 [9]. Customer Concentration - The top five customers contributed over 50% of the company's revenue during the reporting periods, with contributions of 52.16%, 52.74%, 57.56%, and 50.24% for 2022, 2023, 2024, and the first nine months of 2025, respectively [11]. Employee Benefits - The proportion of employees covered by social insurance and housing provident fund increased from 68.61% in 2022 to 85.10% in 2025 for social insurance, and from 44.84% to 84.85% for housing provident fund over the same period [16][18]. IPO Fundraising - The company plans to raise 260 million yuan through its IPO, with 50 million yuan allocated for working capital and the remainder for three specific projects related to catalyst production and environmental technology [19][21].

据悉，华电光大是一家致力于新型催化材料研发与产业化的高新技术企业，主营业务为脱除氮氧化物 （NOx）、一氧化碳（CO）和挥发性有机化合物（VOCs）等大气污染物的新型催化材料的研发、设 计、生产和销售、废旧催化剂回收和再生及相关服务。 北京商报讯（记者 王蔓蕾）1月29日，北交所官网显示，北京华电光大环境股份有限公司（以下简 称"华电光大"）IPO获得受理。 本次冲击上市，华电光大拟募集资金约2.6亿元，拟投资于年产量5000立方CO氧化催化剂生产装备建设 项目、年产10000立方米CO及脱硝板式催化剂装置技改项目、烟气治理设备及新型催化材料研发项目、 补充流动资金。 ...