Talihua Technology's IPO on the GEM has been submitted for registration.

According to the data from Securities Times Data, on February 12, Taili Technology's IPO application changed to "submission for registration" in the Shenzhen Stock Exchange's IPO and listing review progress. The date of the company's IPO approval by the Shenzhen Stock Exchange's listing committee is August 11, 2023.

The Company is a high-tech enterprise focused on vacuum storage technology, mainly engaged in the research, development, production, and sales of vacuum storage, wall-mounted storage, food preservation, household cleaning, and other multi-category household storage products and related functional materials. It is a well-known manufacturer of household storage products in China and abroad. The Company plans to raise RMB542 million through this IPO, which will be invested in the Taili Wuhan Production and Logistics Center Project, replenishment of working capital, research and development center project, and information system upgrade project. The sponsor of this IPO is China Minsheng Securities Co., Ltd.

Financial data shows that the Company achieved operating revenues of RMB546 million, RMB623 million, and RMB638 million in 2020, 2021, and 2022 respectively, and achieved net profits of RMB73.38 million, RMB42.85 million, and RMB58.90 million respectively. In terms of growth, the Company's operating revenue increased by 2.39% in 2022, and the net profit increased by 37.47% year-on-year. (Data from Data Box)

The Company's main financial indicators

Financial Indicator/Time	2022	2021	2020
Operating Revenue (RMB Million)	637.85	622.98	546.28
Net Profit Attributable To Parent (RMB Million)	58.90	42.85	73.38
Net Profit Attributable To Parent After Deducting Non-Current Loss And Profit (RMB Million)	51.37	40.80	71.68
Basic Earnings Per Share (RMB)	0.7300	0.5400
Diluted Earnings Per Share (RMB)	0.7300	0.5400
Weighted Average Return On Equity (%)	22.10	25.02	202.61
Net Cash Provided By Operating Activities (RMB Million)	70.99	90.29	60.17

Review Progress

Review Progress, ChiNext, ChiNext IPO

#End of Polished Translation