Longda Corporation's initial public offering on the Science and Technology Innovation Board

　　On July 22, 2022, with the sound of the listing gong ringing, Jiangsu Longda Superalloy Co., Ltd. (referred to as "Longda Co., Ltd.", stock code "688231") invested by the company successfully went public on the Shanghai Stock Exchange's Science and Technology Innovation Board, becoming the first local company listed on the board in Wuxi in 2022. Longda Co., Ltd. was established in September 2004, focusing on high-end manufacturing, research and development, and manufacturing of alloys and high-temperature alloy materials. Currently, it has developed into a high-quality high-temperature alloy material solution supplier specializing in aerospace and gas turbine fields. Longda Corporation aims to serve the "two machines" industry chain and has increased its strategic investment in high-temperature alloy business since 2015. It has successively built casting high-temperature alloy production lines and deformation high-temperature alloy production lines, while adjusting and optimizing its alloy pipe business. Longda Co., Ltd. has been authorized with 52 invention patents and has taken the lead in undertaking 4 national major projects during the 13th Five Year Plan period, including 2 national major science and technology special projects.

　　Adhering to the vision of becoming an "industry leader, entrepreneurial guardian, and industry enabler", the company has laid out full industry chain cycle funds such as seed, angel, entrepreneurship, equity, and mergers and acquisitions. As early as the early development of Longda's high-temperature alloy business, it has become its most important strategic investor. With years of experience in the high-end manufacturing industry and a deep understanding of the strategic position of high-temperature alloys, the company completed an angel round investment of 100 million yuan in Longda Co., Ltd. in September 2017. After becoming a shareholder, on the one hand, it helped the company introduce multiple new investors, greatly enhancing the company's value; On the other hand, it provides post investment value-added services such as improving basic management and strengthening team incentives for enterprises, helping them go public. In 2019, the company collaborated with Huaying Securities, a securities firm under the Guolian Group, as the listing sponsor of Longda Co., Ltd., to jointly carry out a comprehensive capital market planning for Longda Co., Ltd., providing strong support for its listing. In 2020, the company collaborated with sister units such as Guolian Trust to further strengthen its strategic layout for Longda Shares, completed a total of 200 million yuan in PE investment, and relied on Guolian's comprehensive financial platform to clear obstacles for its listing. Prior to the listing and issuance, multiple entities of the company held a total of 17.96% of the shares, becoming the largest shareholder of Longda Group after the founder.