Third-party measurement and testing service agency Tiantou Metrology (301449.SZ) plans to be listed in GEM IPO

According to the Zhitong Finance App, Tiansu Metering (301449.SZ) issued a prospectus for initial public offering of shares and listing on GEM. The current public offering of shares uses a public offering of new shares. It is proposed to publicly issue 163.043.48 million shares, accounting for 25% of the total share capital after issuance. The quotation date for this offering begins on December 9, 2025, and the subscription date is December 12, 2025.

The initial number of strategic placements issued in this offering was 24456.51 million shares, accounting for 15.00% of the number of shares issued. It consists of the issuer's senior management and core employees participating in the special asset management plan and sponsor-related subsidiaries (or have) involved in the strategic placement. Among them, the number of subscriptions for the issuer's senior management and core employees participating in the special asset management plan set up in this strategic placement did not exceed 10.00% of the number of shares issued, that is, no more than 1,630,04.34 million shares, and the subscription amount did not exceed 60 million yuan. The difference between the final strategic placement quantity and the initial strategic placement quantity will be transferred back to offline distribution. The specific ratio and amount will be determined after the issuance price is determined on T-2.

The company is a national, comprehensive independent third-party measurement and testing service agency. Its main business is professional technical services such as measurement, calibration, testing, and certification. Its customers cover various fields of the national economy such as biomedicine, automobiles, new energy, rail transit, energy and electricity, light industry and daily chemicals, and equipment manufacturing. The company is committed to protecting enterprise quality through high-quality and efficient professional technical services, helping the high-quality development of China's manufacturing, and implementing the strategic requirements of a strong manufacturing country and a strong quality country.

During the reporting period, net profit attributable to shareholders of the parent company was 84.3854 million yuan, 101.252 million yuan, 111.5568 million yuan and 55.5762 million yuan respectively, showing a continuous upward trend during the reporting period. Among them, the company's strategically laid out new energy battery testing business has achieved good development. From 2022 to 2024, the company's battery testing business revenue increased from 52.55,800 yuan to 113.1429 million yuan, with a compound growth rate of 46.75%; from January to June 2025, the battery testing business revenue was 64.7374 million yuan.

The proposed fund-raising plan is to invest in the following projects: the Shenzhen headquarters measurement and testing capacity improvement project, the regional measurement and testing laboratory construction project, the digital center construction project, and supplementary working capital. The total amount of capital raised to be used is 424 million yuan.