Kerrsiss Science and Technology Innovation Board IPO "already queried", with cumulative sales and usage of CNC system products exceeding 20,000 sets.

On July 22, Guangdong Keruisi CNC Technology Co., Ltd. (referred to as Keruisi) applied for a change in the status of its listing on the Shanghai Stock Exchange's Science and Technology Innovation Board to "inquiry received," with Guotai Haitong as its sponsor institution, aiming to raise 719 million yuan. The prospectus shows that Keruisi is a leading domestic manufacturer of all-direct-drive CNC machine tools, and is one of the few enterprises in China that have both PWM-type CNC systems and bus-type CNC systems, both of which have achieved scale sales. All direct-drive CNC machine tools are a new type of CNC machine tool that uses direct drive technology for all linear and rotary axes, without intermediate transmission parts, enabling faster speeds and higher precision. With the increasing demand for high precision and efficiency in advanced manufacturing, all direct-drive CNC machine tools have become one of the mainstream forces in the high-end field of CNC machine tools in the world. Keruisi's all direct-drive CNC machine tools all use self-developed PWM-type CNC systems, which can solve the bottleneck problem of high-end machine tools. During the reporting period, nearly 90% of the issuer's CNC machine tools were used in precision molds, aerospace, and consumer electronics, replacing foreign brands such as Makino, Yasda, Fanuc, Hurco, GF in Switzerland, Roders in Germany, Agie from Germany and Japan, German-Japanese joint venture DMG Mori Seiki. Keruisi's CNC system products have sold and been used in more than 20,000 sets so far, and have been applied in precision milling machines, precision grinding machines, five-axis linkage machine tools, three-dimensional five-axis lasers, force-controlled polishing equipment, semi-automatic equipment, among others, replacing mainstream CNC systems from Siemens in Germany, Heidenhain in Germany, Fanuc in Japan, and Mitsubishi in Japan, gaining a certain degree of market recognition. In particular, Keruisi's U series PWM-type CNC system successfully broke the monopoly of Heidenhain in the Chinese machine tool market. In the domestic machine tool market, Heidenhain and Keruisi are the main suppliers of PWM-type CNC systems. In addition, the N series bus-type CNC system from Keruisi has been successfully sold to many globally renowned automation solution companies due to its outstanding performance and product stability, such as Fanuc Siasun Robot & Automation. During the reporting period, the number of customers served by Keruisi has been growing year by year, with a cumulative total of over 700, including well-known domestic and foreign manufacturers such as Foxconn, Shenzhen Everwin Precision Technology, Shenzhen Pacific Union Precision Manufacturing, Weifang Lichuang, Sunwoda Electronic, Fullink Technology, Advanced Technology & Materials, Electric Connector Technology, Client B, Guangdong Dtech Technology, Jack Equipment, Haoteman, Chuncao Grinding, Client A, Fanuc Siasun Robot & Automation, and Sandvik of Japan. The proceeds from this issuance (after deducting issuance expenses) are planned to be allocated to the following projects: In terms of finances, in 2022, 2023, and 2024, Keruisi's operating income is expected to be approximately 2.22 billion yuan, 2.54 billion yuan, and 3.16 billion yuan, respectively; during the same period, the company's net profit is expected to be approximately 24.94 million yuan, 35.90 million yuan, and 64.06 million yuan, respectively.