A-share subscription | Zhongcheng Consulting (920003.BJ) starts subscription. The company is deeply focused on the engineering consulting service industry.

On October 28th, Zhongcheng Consulting (920003.BJ) started its subscription with an issue price of 14.27 yuan per share, and a subscription limit of 630,000 shares. The issue price-earnings ratio is 9.69 times, and it belongs to the Northern Exchange. Soochow is the sponsor (main underwriter). According to the prospectus, Zhongcheng Consulting relies on an excellent technical team and rich project experience, dedicated to providing clients with professional technical services in engineering cost, bidding agency, engineering supervision and management, BIM services, engineering design, and full-process consulting services. The innovation of Zhongcheng Consulting's model mainly lies in the full-process consulting services and BIM services it provides. BIM, or Building Information Modeling, is a method of digital construction design and management that has developed on the basis of computer-aided design. By offering BIM services, the company provides a three-dimensional database and business service platform to support its engineering cost, engineering supervision and project management, engineering design, and full-process consulting services, enabling seamless integration and collaborative work among all aspects, thus improving project construction efficiency and quality. Meanwhile, the company continuously enhances its Zhongcheng BIM software platform based on its accumulated experience in engineering cost, engineering supervision, project management, engineering design, and full-process consulting services. Since its establishment, the company has been deeply involved in the engineering consulting service industry and adhering to the development strategy of "based in Suzhou, radiating the Yangtze River Delta, and facing the whole country". According to the statistics from the Jiangsu Provincial Construction Project Cost Management Station, the company's engineering cost consulting operating income ranked 5th, 3rd, 5th, and 4th in Jiangsu Province from 2021 to 2024. Zhongcheng Consulting has built a professional team with a solid technical foundation and rich industry experience. As of the end of the first half of 2025, the company has 130 first-class cost engineers, 97 first-class construction engineers, 190 registered supervision engineers, 148 senior engineers, 10 consulting engineers, 9 first-class architects, and 14 Royal Chartered Surveyors from the UK. The company's team has accumulated rich project experience in the field of engineering consulting, including various city construction projects such as super high-rise buildings, five-star hotels, large commercial buildings, large residential areas, large hospitals, schools, amusement parks, exhibition halls, large theaters, and comprehensive venues, as well as infrastructure projects such as roads, ports, water conservancy, urban rail transit, ultra-high voltage transmission, data centers, urban ecological restoration, historical and cultural preservation, and urban redevelopment. Financially, in the 2022 fiscal year, 2023 fiscal year, 2024 fiscal year, and January-June 2025, Zhongcheng Consulting achieved operating income of approximately 303 million yuan, 368 million yuan, 396 million yuan, and 191 million yuan respectively; during the same period, the company achieved net profits of approximately 64.35 million yuan, 81.05 million yuan, 105 million yuan, and 53.28 million yuan respectively.