【Zimi Finance/Jiang Chunxiao】On August 11, shandong Taifeng Intelligent Control Co., Ltd. (hereinafter referred to as: Taifeng Intelligent) applied for the GEM IPO review status to "accepted".
According to the prospectus, the company's revenue in 2021 is 518.905 million yuan and net profit is 67.6049 million yuan. R&D investment accounted for 3.75% of operating income. In the past three years, revenue has increased year by year, and net profit has declined first and then risen.
The prospectus reveals that the total remuneration of directors, supervisors, senior management and other core personnel of the company in 2021 is 5.397 million yuan. Chairman and general manager Wang Zhenhua received a salary of 700,200 yuan in the company in 2021, and vice chairman Wang Ran received a salary of 423,100 yuan in 2021. Zhao Chengjian, the secretary of the board of directors, will receive a salary of 30,700 yuan in 2021. Wang Zhenhua, chairman and general manager of the company, and Wang Ran, vice chairman of the board, are father and son.
The company is a high-tech enterprise specializing in the research and development, design, production and sales of hydraulic components and electro-hydraulic integrated control systems. The company's main products are two-way cartridge valves, electro-hydraulic integrated control systems and other hydraulic components. Other hydraulic components mainly include multi-way valves, liquid filling valves, plunger pumps and hydraulic cylinders.
According to the prospectus, the company intends to publicly issue no more than 22.77 million RMB ordinary shares, and the raised funds will be invested in the high-end hydraulic components and integrated system intelligent manufacturing technology transformation project, the digital intelligent hydraulic engineering technology research and development center project, and 100.2168 million yuan for supplementary working capital after deducting the issuance fee.