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boco testing ipo raises funds to increase r&d, and the listing review status is changed to submitted for registration

2024-09-06

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recently, beijing boco testing systems co., ltd. ("boco testing" for short) officially submitted an ipo registration application to the growth enterprise market. this move marks that this company, which has been deeply engaged in the field of testing technology for many years, is about to usher in a new chapter in the capital market.

brocade testing submitted the ipo registration application this time, aiming to further enhance its own strength and market competitiveness through the raised funds. so, what specific projects will these raised funds be invested in?

according to the ipo prospectus of boco testing, the funds raised this time will be precisely invested in three core projects: a new high-end testing equipment production project in liyang, jiangsu, an upgrade project of the beijing headquarters production base, and a strategic reserve to supplement the company's working capital. the implementation of these projects is aimed at further enhancing boco testing's main business capabilities and market competitiveness, laying a solid foundation for its sustainable development.

among them, the new high-end testing equipment production project in liyang, jiangsu includes two sub-projects: the production base construction project and the r&d center construction project. the production base construction project is conducive to breaking through the existing production capacity bottleneck of boco testing and improving the supply capacity of high-end testing equipment. at the same time, it will further expand the testing laboratory business under the existing business system to extend the product chain. in addition, the location of the fundraising project can give full play to the advantages of industrial clusters and location, and effectively promote the rapid development of the company's business.

in addition, the r&d center construction project will help boco testing further integrate existing r&d resources, cultivate and introduce high-end technical talents, accelerate the industrialization process of new products, further enrich and improve the product structure, and promote the domestic substitution of key technical equipment.

the beijing headquarters production base upgrade project will effectively improve the utilization efficiency of the production site, improve the experimental conditions of the test site, and help upgrade and improve the information management structure and enhance the company's refined management level. the working capital supplement project will help the company's business scale continue to expand, enhance the company's financial strength, and improve the company's ability to resist financial risks.

the ipo of boco testing is not only a display of confidence in its own strength, but also a grand layout for future development. with the gradual implementation of the projects funded by the raised funds, boco testing is expected to achieve new breakthroughs in the field of high-end testing equipment and push the company onto the fast track of development.