According to the announcement, the company plans to make an initial public offering of RMB 17.1286 million shares, accounting for 25% of the total share capital after issuance, with an issue price of 45.37 yuan per share, and a total share capital of 685.14,300 shares after issuance. It is intended to be listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The sponsor agency's related subsidiary, Chengyu Investment, participated in the strategic placement of 856,400 shares, accounting for 5.00% of the current issuance. The allocation amount was 388.562 million yuan, and the sales period was limited to 24 months. During the reporting period, the company's revenue was 253 million yuan, 317 million yuan, 409 million yuan and 248 million yuan respectively, and net profit was 356.109 million yuan, 63.2374 million yuan, 76.4823 million yuan and 52.5796 million yuan respectively. The funds raised this time will be invested in projects such as the construction of a CNC machine tool production base, research and development of next-generation intelligent CNC systems, and supplementary working capital.

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