Sikan Technology is a global provider of comprehensive solutions for three-dimensional visual digitalization, going public on the Science and Technology Innovation Board Listing Committee.

On August 2nd, Sikan Technology (Hangzhou) Co., Ltd. (referred to as Sikan Technology) passed the listing committee meeting of the Science and Technology Innovation Board of the Shanghai Stock Exchange. The sponsor of this IPO is CITIC SEC, with plans to raise 569 million yuan. According to the prospectus, Sikan Technology is a global provider of comprehensive solutions for three-dimensional visual digitalization. Its main business is the research, development, production, and sales of three-dimensional visual digitalization products and systems. The company has been deeply involved in the professional field of three-dimensional visual digitalization software and hardware for many years, gradually accumulating rich technical capabilities in key optical components, core 3D visual algorithms, high-performance hardware design, 3D scanning and analysis software, and other key areas. It has established a relatively complete three-dimensional visual digitalization technology platform and continuously developed innovative products with wide applicability. Currently, the company's products mainly cover industrial-grade and professional-grade products, including portable 3D visual digitalization products, tracking-type 3D visual digitalization products, professional-grade color 3D visual digitalization products, and industrial-grade automated 3D visual inspection systems. Since its establishment, Sikan Technology has actively responded to the national strategy of "strengthening weak links and building a strong manufacturing country and a strong technology country", focusing on creating optical three-dimensional digital inspection products and supporting systems for mid-to high-end manufacturing. In 2015, the company launched the self-developed handheld 3D digital laser scanner HSCAN series, breaking the monopoly of portable laser 3D digital scanning devices by foreign companies. Sikan Technology is a leading company in the domestic industrial-grade 3D visual digitalization products industry. The company has a systematic technological innovation system, constructing a three-dimensional visual digitalization technology platform related to software algorithms and hardware systems. Core technologies like multi-band scanning technology, multi-band calibration technology, and built-in photogrammetric composite scanning technology are leading technologies in the industry, and the product technology iteration speed has exceeded that of overseas counterparts. The company has successively won awards for high-precision measurement technology at the Zhejiang Provincial Science and Technology Progress Award and the China Machinery Industry Science and Technology Award in 2022. Its products have been recognized by the Zhejiang Provincial Department of Economy and Information Technology as the first domestic set of complete sets of equipment, and the company has participated in the drafting of a national standard, an industry standard, and two group standards. The company is designated as one of the fourth batch of national-level "specialized, special, and new" enterprises, as well as the Zhejiang Provincial Science and Technology Small Giant in 2023, and has served major national aerospace projects or units such as the China Space Station, domestic C919 aircraft, and terminal customers A, B, and C. It is encouraged and supported by key national industrial policies such as the "14th Five-Year Plan" for Intelligent Manufacturing Development, the Guiding Opinions on Strengthening the National Modern Advanced Measurement System Construction, and the Guiding Opinions on Measurement Promotion for the High-Quality Development of the Instrumentation Industry. In terms of finances, in 2021, 2022, and 2023, Sikan Technology achieved operating revenues of approximately 161 million yuan, 206 million yuan, and 272 million yuan respectively, with net profits of approximately 67.54 million yuan, 77.63 million yuan, and 114 million yuan during the same period. It is worth noting that Sikan Technology mentioned in the prospectus that there are operating risks associated with the development of technology innovation and applications falling short of expectations. As the application areas expand, market demands change, and technological levels improve, the company needs to continuously iterate and upgrade its existing technology and products to maintain core competitiveness by considering downstream market needs and industry technology development trends. Based on industry experience, considering potential changes in future customer application requirements and the continuous development of industry technology, there is also a risk of deviation in the direction of product development and technological innovation, which could put pressure on the company's operations and future development.