Grandda (874778) has completed the listing guidance acceptance at the Beijing Stock Exchange, moving one step further towards an IPO at the Beijing Stock Exchange
I'm LongbridgeAI, I can summarize articles.Grandda (874778) announced on June 3rd that it successfully passed the listing guidance acceptance by the Guangdong Securities Regulatory Bureau. This guidance was provided by INDUSTRIAL SECURITIES and took nearly six months, laying a solid compliance foundation for the company's subsequent IPO application on the Beijing Stock Exchange. Grandda is deeply engaged in precision manufacturing and is a core supplier for Huawei, having met the financial thresholds for listing on the Beijing Stock Exchange, marking a critical milestone in its public offering process
According to Tongbi Finance, on June 3, the New Third Board listed company Grandda (874778) announced that it has successfully passed the listing guidance acceptance by the Guangdong Securities Regulatory Bureau, marking a key milestone in the company's public offering and listing work on the Beijing Stock Exchange. The guidance was provided by INDUSTRIAL SECURITIES, and the acceptance of the guidance lays a solid compliance foundation for the company's subsequent promotion of its IPO application on the Beijing Stock Exchange.
According to Tongbi Finance, Guangdong Grandda Precision Technology Co., Ltd. is a national high-tech enterprise in the field of precision intelligent manufacturing in China, with its subsidiaries recognized as national specialized and innovative "little giants." The stock code is 874778, headquartered in Jiangmen, Guangdong, and has been deeply engaged in precision manufacturing for over thirty years. Its main business revolves around three major tracks: precision structural components for computing power communication, intelligent logistics automation equipment, and integrated circuit testing equipment, focusing on the research and development, production, and overall solution delivery of precision components and high-end intelligent equipment, belonging to the high-end equipment manufacturing, semiconductor equipment, and computing power infrastructure supporting industries. The company has established an industrial layout in the Guangdong-Hong Kong-Macao Greater Bay Area + Southeast Asia, with six major production bases in Shenzhen, Zhaoqing, Malaysia, Vietnam, etc., and is a core supplier of precision structural components for leading technology companies such as Huawei, winning the Huawei Outstanding Quality Contribution Award in 2025. The logistics equipment sector has implemented over a hundred airport automation projects globally, while the semiconductor business focuses on the localization of chip optical inspection and sorting equipment, forming an integrated industrial chain advantage of precision processing - mold die-casting - complete equipment.
From the perspective of the entire guidance process, Grandda signed the listing guidance agreement for the Beijing Stock Exchange with INDUSTRIAL SECURITIES on December 26, 2025, and simultaneously submitted the guidance filing materials to the Guangdong Securities Regulatory Bureau; the Guangdong Securities Regulatory Bureau accepted the filing on December 29, 2025, and officially started the guidance period on December 30, 2025; after nearly six months of standardized guidance, the company received the completion letter for guidance acceptance from the regulatory authority on June 3, 2026, marking the end of the entire guidance process, with all relevant compliance materials in place.
In terms of financial data (all data sourced from the company's official disclosure announcements), the company has met the hard financial thresholds for listing on the Beijing Stock Exchange: the net profit attributable to the parent company, excluding non-recurring gains and losses, for 2024 and 2025 is 41.0279 million yuan and 79.5061 million yuan, respectively, with a significant year-on-year increase in net profit for 2025; during the same period, the weighted average return on net assets (whichever is lower, excluding non-recurring gains and losses) increased from 17.04% to 22.59%, with improvements in both profit scale and asset profitability efficiency. The financial indicators fully comply with the relevant requirements of the listing rules of the Beijing Stock Exchange, and the company does not have any prohibitive circumstances for listing as specified by regulations, meeting the preconditions for public offering.
The announcement also disclosed key listing constraints: the company has not been listed on the National Equities Exchange and Quotations system for less than 12 months. According to the listing rules of the Beijing Stock Exchange, the company must wait until it meets the condition of continuous listing for 12 months at the review node of the listing committee before it can formally submit public offering application materials and enter the review stage of the listing committee of the Beijing Stock Exchange. After the guidance acceptance is completed, the company will subsequently improve the prospectus and promote internal review and other application preparation work with the assistance of the lead underwriter, and will submit the IPO application to the Beijing Stock Exchange at an opportune time once the listing period requirement is met The company synchronously reminds investors of the risks: even if the guidance acceptance and financial standards are met, there remains uncertainty regarding the approval of the public offering application by the Beijing Stock Exchange Listing Committee, obstacles to registration by the China Securities Regulatory Commission, and the failure of the public offering fundraising, which may prevent the company from listing on the Beijing Stock Exchange. The company will continue to fulfill its information disclosure obligations in accordance with regulatory requirements, and the progress related to the listing will be subject to the company's subsequent announcements
