Penta Laser Launches IPO Counseling, Focusing on High Power Laser Cutting and Welding Equipment

2022-12-10

In 2022, Penta Laser successfully completed the shareholding reform, implemented the executive equity incentive, introduced strategic venture capital and plans to apply for IPO filing in 2023.

In December last year, Penta Laser completed the acquisition of the controlling stake in Jinbofang, a new energy battery laser welding company, and completed the financing work before the IPO filing.  Penta Laser already holds 60% of the shares of Jinpaifang. According to the profitability forecast, the company can achieve a net profit of about 30 million RMB in the next three years. At the same time, Penta Laser completed the pre-listing financing, raising 170 million RMB.

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