New Star Venture Board IPO has been accepted, leading enterprise in domestic precision planetary reducer industry.

On May 11th, Neuder Planet Transmission System Technology (Zibo) Co., Ltd. (referred to as Neuder) IPO on the Shenzhen Stock Exchange ChiNext has been accepted. Orient is its sponsor, and it plans to raise 822.64 million yuan. The prospectus shows that Neuder was established in 2006, and is a leading provider of precision planetary gear reducer research and production services. It is dedicated to providing precision planetary transmission system solutions and products for emerging and advanced industries such as intelligent robotics, new energy equipment, and industrial machinery. Neuder was the first to research the application of precision planetary transmission technology in full joint solutions for intelligent robotics, forming a series of joint module precision planetary gear reducers. These joint module precision planetary gear reducers are widely used by many intelligent robotics manufacturers due to their high efficiency, high torque, high dynamic response, and long life, accelerating the industrialization process of intelligent robotics in China. The company's lithium battery high-speed stacking machine with a "servo motor x planetary x helical gear" integrated transmission solution has significantly increased production speed and is widely used in lithium battery production lines. The company's new energy exchange "planetary x parallel axis" lifting system has significantly improved the service life of exchange stations and has become the preferred option for the new generation of exchange stations. In industries such as high-end CNC machine tools, semiconductor equipment, and pharmaceutical equipment, China has long been dependent on foreign brands for precision transmission systems. Neuder has actively developed a variety of transmission solutions and products to gradually achieve localization, while also providing technical solutions and products for emerging fields such as low-altitude economy, commercial aerospace, and additive manufacturing. The company has implemented a unique "diagnostic-like" business strategy within the industry, addressing the pain points faced by emerging and advanced industries with targeted transmission system solutions and products. After twenty years of continuous improvement, the company has the ability to break through foreign technological monopolies and achieve domestic substitution, with product performance indicators comparable to international leading enterprises. According to a Frost & Sullivan industry research report, the company is ranked first in the domestic precision planetary gear reducer market share by sales in 2025, becoming a leading domestic precision planetary gear reducer enterprise. The funds raised in this issuance will be used for investment arrangements related to the main business. After deducting the issuance expenses, the company will carry out the following projects in an orderly manner based on actual operational needs and market conditions: Financially, in the years 2023, 2024, and 2025, the company's revenue is expected to be approximately 479 million yuan, 341 million yuan, and 497 million yuan respectively, with net profits of approximately 153 million yuan, 104 million yuan, and 149 million yuan.