Precision laser research and development company Frequent Laser (688826.SH) plans to publicly issue 10 million shares

Zhitong Finance App News, Frequent Laser (688826.SH) disclosed a prospectus. The number of shares the company plans to publicly issue is 10 million shares, accounting for 25% of the total share capital after issuance. The initial inquiry date for this offering is August 4, 2026, and the subscription date is August 7, 2026. The shares will be listed on the Shanghai Stock Exchange as soon as the issuance is completed.

The initial number of strategic placements issued in this offering was 2 million shares, accounting for 20% of the current offering. The company's senior management and core employees plan to participate in this strategic placement through a special asset management plan. The number participating in the strategic placement will not exceed 10% of the current issuance scale, or 1 million shares, and the subscription amount will not exceed 102.55 million yuan. The initial strategic placement of CITIC Construction Investment Co., Ltd., a subsidiary of the sponsor, was 400,000 shares, accounting for 4% of this initial offering.

The company's main business is R&D, production and sales of precision lasers. The company mainly targets quantum technology fields such as quantum computing and quantum precision measurement, semiconductor fields such as wafer manufacturing, wafer quantity detection, and wafer invisibility, and cutting-edge scientific research fields such as laser interference exposure and laser remote sensing. The company has developed a new precise laser technology route and launched laser products with precise control of wavelength, line width, noise, power, pulse, etc., to help the localization process of China's quantum technology and semiconductor industry chain.

The company's net profit attributable to owners of the parent company from 2023 to 2025 was RMB 604.66 million, RMB 116 million, and RMB 159 million, respectively. In the first half of 2026, market demand in the field of quantum technology continued to grow. Along with the increase in semiconductor process requirements, the performance demand for semiconductor-related equipment also continued to rise, which in turn led to an increase in demand for precision components such as precision lasers. The company is deeply involved in precision laser circuits. With continuous R&D investment and technology accumulation, the company continuously makes technological breakthroughs and product category expansion to provide customers with precision laser products with high performance indicators, high stability and high reliability, and has achieved steady growth in business performance.

After deducting the issuance fee, the company will invest in precision laser system industrialization projects, R&D center construction projects, Wuhan R&D center construction projects, and supplementary working capital. In total, it plans to invest about 1.41 billion yuan in capital raised.