Commet North Exchange IPO submission for registration, layout of Mini/MicroLED materials

On May 15, the official website of the Beijing Stock Exchange showed that the IPO review status of Beijing Commet Technology Co., Ltd. (hereinafter referred to as "Commet") was changed to "submit for registration".

Founded in 2005 and registered in the core area of ​​Zhongguancun National Independent Innovation Demonstration Zone, Kangmeite is a national high-tech enterprise focusing on the research and development, production and customized services of new polymer materials.

In the field of new displays, the company has laid out Mini/Micro LED technology since 2018 and achieved mass production of Mini LED silicone encapsulants. Its products mainly focus on high-end electronic packaging adhesives and are widely used in many fields such as semiconductor lighting, new displays, IGBT, electronic appliances, aerospace, and energy-saving building materials.

In terms of customer cooperation, Commet has established cooperation with domestic companies such as Hongli Zhihui, Ruifeng Optoelectronics, Nationstar Optoelectronics, Zhaochi Co., Ltd., BOE, Huawei, TCL Technology, Hisense, etc., and also maintains cooperative relationships with international companies such as ams Osram, Samsung Electronics, Philips, Everlight Electronics, Lite-On Technology, Seoul Semiconductor and other international companies.

From 2023 to 2025, the company's operating income was 384 million yuan, 423 million yuan and 469 million yuan respectively; the net profits attributable to the owners of the parent company were 45.1351 million yuan, 62.7007 million yuan and 85.3272 million yuan respectively.

From January to March 2026, the company achieved operating income of 110 million yuan to 120 million yuan, a year-on-year increase of 10.29% to 20.32%; the net profit attributable to the owners of the parent company was 20 million yuan to 23 million yuan, a year-on-year increase of 15.51% to 32.83%.