2020 “Yinhua Fund Cup” Sina bank financial planner competition, hot registration. From now on to September 7, you will receive free gift packages worth more than 700 yuan from Guan Qingyou, Luo Yuanshang and Chen Kaifeng. < p > < p > on August 18, Jiangxi riyueming measurement and Control Technology Co., Ltd. (hereinafter referred to as “riyueming”) will go to the gem and publicly issue no more than 20 million shares, accounting for no less than 25% of the total share capital after the issuance. It is understood that riyueming is a supplier of track safety measurement and control equipment and technical solutions, and its main business is the research and development, production and sales of track safety measurement and control equipment, as well as the research and application of track measurement and control technology. The products are mainly used for the detection of track geometric state, surface quality, structural components and other states, and guide the railway construction and operation and maintenance units to inspect according to the relevant inspection The survey results are used for new line construction, delivery acceptance, daily maintenance and line overhaul, etc. its application needs run through the whole life cycle of the track, and are widely used in China’s railway administration and its subordinate public works sections, local railway companies, engineering construction units, urban rail transit operation units, etc. < / P > < p > according to the prospectus, during the reporting period, the sales revenue generated by the first five customers of riyueming were 91.8093 million yuan, 99.6026 million yuan and 94.2632 million yuan respectively, accounting for 87.16%, 79.29% and 61.69% of the current operating income respectively. Among them, the sales revenue generated by the company to the largest customer of China National Railway Group Co., Ltd. (hereinafter referred to as “National Railway Group”) were 60519700 yuan, 84.8281 million yuan and 57.348 million yuan respectively, accounting for 57.46%, 67.53% and 37.52% of the current operating income respectively, accounting for a significant decline. In this regard, riyueming said that if China’s macroeconomic situation deteriorates significantly, or the future development plan of China Railway Group and its subordinate units changes, factors such as the investment scale of railway fixed assets and the new mileage of new lines may lead to a decline in the demand for the company’s products, which will have a greater adverse impact on the company’s business development. < p > < p > in June 2017, Tao Jie transferred his shares of riyueming to Ganzhou Chaoyi and baodingying respectively at a transfer price of 11 yuan / share. At the same time, Tao Jie also transferred his equity of riyueming part of Zhaoyin wealth to CMB wealth at the transfer price of 12 yuan / share? < p > < p > in July 2017, CRRC Tongfang (Tianjin) equity investment fund partnership (limited partnership) (hereinafter referred to as “CRRC Tongfang”) invested in riyueming at the price of 10 yuan / share. As of the signing date of the prospectus, CRRC Tongfang holds 9.79% of the shares of riyueming, which is its third largest shareholder. In terms of equity penetration, CRRC holds 50.28% of the shares of CRRC, while CRRC holds 100% of the shares of CRRC Capital Management Co., Ltd. (hereinafter referred to as “CRRC capital”). CRRC capital holds 49% equity of CRRC capital (Tianjin) Equity Investment Fund Management Co., Ltd. (hereinafter referred to as “management company”) and 31.17% partnership share of CRRC Tongfang. It is a limited partner (LP) of CRRC Tongfang. The management company is the general partner (GP) of CRRC Tongfang and the only general partner and executive partner of CRRC Tongfang, holding 1.30% of the partnership share of CRRC Tongfang. < / P > < p > it should be pointed out that in the industry of riyueming, CRRC Group Co., Ltd. (hereinafter referred to as “CRRC group”) is a big “gold master” in the industry. < p > < p > it is understood that from 2017 to 2019, the largest customers of riyueming’s comparable listed company langjin Technology (Stock Code: 300594) were CRRC group, and the sales amount accounted for 71.65%, 58.28% and 55.51% of the current operating revenue; the largest customers of vior (stock code: 605001) were CRRC group, and the sales amount accounted for the current period The proportion of operating income was 65.95%, 72.35% and 63.93% respectively.