Baolun Group has submitted an application for an IPO on the main board of the Shanghai Stock Exchange and has received inquiries from the authorities. It plans to raise 1.583 billion yuan.

On June 3, Guangdong Baolun Electronics Co., Ltd. (referred to as Baolun) applied for a change in the status of the Shanghai Stock Exchange's main board listing review to "inquiry completed". GF SEC is the sponsoring institution, and intends to raise 1.583 billion yuan. The prospectus shows that Baolun is a leading provider of "audio, light, electricity, vision, and communication" system solutions, mainly engaged in the research, development, production, and sales of professional audio-visual products such as public broadcast systems, professional sound amplification systems, smart conference systems, display terminal systems, command management systems, and lighting systems. "Audio, light, electricity, vision, and communication" are professional summarizations of the company's core business areas, referring to the fields of acoustics and audio technology, optical applications and light control technology, signal processing and electronic control technology, video signal processing and imaging technology, and communication interconnection and information transmission technology. In the face of the accelerating technological iteration in the professional audio-visual industry and the increasingly diverse application scenarios, the company has relied on continuous technological innovation to build a product matrix covering six core categories including public broadcast systems, professional sound amplification systems, smart conference systems, display terminal systems, command management systems, and lighting systems. At the same time, the products cover key links such as input, processing, transmission, and control of audio and video signals, and product forms include input devices, control processing equipment, output devices, software platforms, and various peripheral products. The company's products and solutions have deeply served in the fields of education, government agencies, public security and law departments, enterprises, cultural tourism, etc., covering typical scenes such as conference rooms, smart campuses, theaters, lecture halls, cultural and sports venues, transportation hubs, and scenic areas. Provide customers from various industries with full life cycle services from demand research, solution design, product delivery to system operation and maintenance, empowering digital transformation and intelligent upgrading of thousands of industries. During the reporting period, the company's important customers include: Shanghai VSTECS Technology Co., Ltd., Logicom Systems LLC, Digital China Group (China) Co., Ltd., Hanlinhui Information Industry Co., Ltd., Goreso Electronic Commerce Co., Ltd., Zhiyu Technology Co., Ltd. and its subsidiaries, China Telecom Corporation Group Co., Ltd. and its subsidiaries, Henan Liaohai Electronic Technology Co., Ltd. and its enterprises under the same control, Sichuan Huiruike Information Technology Co., Ltd. and its enterprises under the same control. After deducting the issuance expenses, the funds raised by the company this time will be fully invested in projects related to the main business. Specific investment projects are as follows: Financially, in 2023, 2024, and 2025, Baolun's operating income is expected to be approximately 3.043 billion yuan, 2.788 billion yuan, and 2.768 billion yuan respectively; during the same period, net profit is expected to be approximately 0.589 billion yuan, 0.413 billion yuan, and 0.424 billion yuan respectively.