"Si Yi Technology's IPO on the Growth Enterprise Market has been accepted. They are a company specializing in the research and manufacturing of electronic measuring instruments."

On December 24th, CETC Siai Technology Co., Ltd. (referred to as Siai Technology) has had its IPO application accepted by the Shenzhen Stock Exchange's Growth Enterprise Board. Guotai Haitong is its sponsor institution, with plans to raise 1.5 billion yuan. The prospectus shows that Siai Technology is a high-tech enterprise specializing in the research, development, manufacturing, and sales of electronic measuring instruments. It is the domestic company with the most comprehensive range of products and widest spectrum coverage in the electronic measuring instrument industry, with its main products including instruments, testing systems, and components. With decades of accumulated technical expertise, Siai Technology has cultivated the largest research team of talents in the country, possessing top-notch research and development conditions and industrialization capabilities in China. It is the strongest and largest revenue-generating enterprise in the field of electronic measuring instrument research and manufacturing in China. Additionally, Siai Technology is currently the only electronic measuring instrument enterprise in China that can comprehensively benchmark international leading companies in the fields of microwave/millimeter wave, optoelectronics, communication, and basic measurement instruments. Its overall technical capabilities are domestically leading, especially in the field of microwave/millimeter wave measuring instruments, reaching international advanced levels and even leading in some specific areas. The company continues to drive technological iteration and performance enhancements, achieving breakthroughs in several key technologies. For example, in the field of low noise wideband microwave frequency synthesis technology, the phase noise has been optimized to <-132dBc/Hz; the highest frequency of wideband microwave millimeter wave signal reception technology has been raised to 120GHz; the real-time analysis bandwidth of wideband signal acquisition and analysis technology has been expanded to 2GHz; and the spectral resolution of high-precision optical unit tuning technology has been increased to 0.01nm. These technological breakthroughs significantly enhance the company's position in the high-end measuring instrument field. In terms of intellectual property layout, the company places high importance on protecting and systematizing R&D achievements, actively promoting the legalization of technological achievements. As of June 30, 2025, the issuer and its subsidiaries have obtained a total of 552 authorized patents, including 514 invention patents, highlighting solid R&D accumulation and continuous innovation capability; at the same time, the company has obtained 248 software copyrights, providing important support for product intelligence and system capabilities. After being deliberated and approved at the company's ninth meeting of the second board of directors and the second extraordinary general meeting of shareholders in 2025, the company, after deducting issuance expenses from the current fundraising, plans to invest in the following projects in an orderly manner: Financially, in the fiscal years 2022, 2023, 2024, and January-June 2025, the company achieved operating revenues of approximately 1.949 billion yuan, 2.153 billion yuan, 2.052 billion yuan, and 993 million yuan respectively. During the same periods, net profits were approximately 228 million yuan, 190 million yuan, 275 million yuan, and 160 million yuan respectively.