Xingfu Electronics' IPO application for registration on the Sci-tech Innovation Board has been approved

According to the progress of the issuance and listing review of the Shanghai Stock Exchange, the IPO application of Hubei Xingfu Electronic Materials Co., Ltd. (Xingfu Electronic) has changed to registered effective.

The Company's main business is the research, production and sales of wet electronic chemicals.

Financial data shows that the Company achieved operating revenues of RMB529 million, RMB792 million and RMB878 million in 2021-2023, respectively, and achieved net profits of RMB99.84 million, RMB191.41 million and RMB123.99 million, respectively. In terms of growth, the Company's operating revenue increased by 10.84% in 2023, while its net profit decreased by 35.22% (Data Box).

The Company's main financial indicators

Financial Indicator/Time	2023	2022	2021
Operating Revenue (10,000 yuan)	8,783.74	7,924.97	5,294.82
Net profit attributable to parent (10,000 yuan)	1,239.94	1,914.09	99.85
Net profit attributable to parent after deducting non-current loss and profit (10,000 yuan)	1,039.21	1,461.28	925.32
Basic EPS (yuan)	0.4800	0.7400
Diluted EPS (yuan)	0.4800	0.7400
Weighted average return on equity (%)	8.29	14.31	24.26
Net cash provided by operating activities (10,000 yuan)	3,109.87	1,665.73	988.64
R&D investment (10,000 yuan)		5,305.94	2,583.19
R&D investment ratio (%)		6.70	4.88

Note: This article is a news report and does not constitute investment advice. The stock market is risky and investment needs to be cautious.