Deep Blue's 51-year-old CFO Wu Yanhua switched jobs from Prusiman; she studied abroad at the age of 41.

Ruicai Finance Wu Wenting Recently, Shenzhen Blue Ocean Technology Co., Ltd. (hereinafter referred to as “Shenzhen Blue”) has changed its Sci-Tech Innovation Board IPO review status to “Inquiry.” If successfully listed, the company will become the first “Underwater Robot Stock” in the A-share market.

The sponsor for this IPO is China International Capital Corporation Limited, with Gao Song and Zhan Zhengjie as sponsoring representatives. The accounting firm is Tianzhi International Certified Public Accountants (Special General Partnership), and the law firm is Beijing Jinduo (Chengdu) Law Firm.

Shenzhen Blue focuses on “Deep Sea Technology” with the mission of “Exploring the underwater new world and safeguarding human underwater resource development.” It is a provider of underwater robot products and solutions.

The company’s main business involves research and development, production, sales, and services of cable-controlled underwater robots, autonomous underwater vehicles, underwater gliders, automatic profiling buoys, and underwater thrusters, providing products and professional solutions for marine safety, marine engineering, emergency rescue, water conservancy and hydropower, marine scientific research, and marine cultural tourism.

According to the prospectus, from 2022 to the first half of 2025, Shenzhen Blue achieved revenues of 141 million yuan, 235 million yuan, 251 million yuan, and 141 million yuan, respectively; net profits attributable to the parent were -134 million yuan, -92.6014 million yuan, -65.7826 million yuan, and -2.0781 million yuan.

Shenzhen Blue states that, based on the company’s calculations, the earliest expected time to achieve profitability is 2026. Whether the company can turn a profit in 2026 mainly depends on comprehensive factors such as operating income, gross profit margin, and period expenses.

As of the signing date of this prospectus, the company’s controlling shareholder Wei Jianchang directly holds 89.8506 million shares, accounting for 23.6393% of the total share capital. At the same time, Wei Jianchang, as the executive partner of Long Zhi Lan and Long Tan Technology, controls a total of 17.7034% of the company’s voting rights through these entities; overall, Wei Jianchang controls 41.3427% of the company’s voting rights.

Additionally, Wei Jianchang serves as the company’s chairman and general manager. He can significantly influence the company’s shareholders’ meeting and major operational and decision-making matters, making him the company’s controlling shareholder and actual controller.

Information shows that Wei Jianchang, born August 1981, is a Chinese national with no permanent residence abroad. He graduated in July 2004 from Tianjin University with a bachelor’s degree in Mechanical Design, Manufacturing, and Automation; in December 2006, he obtained a master’s degree in Control Science and Engineering from the National University of Defense Technology. He holds the title of Senior Engineer. From January 2007 to June 2010, he worked as an engineer at the Military Medical Sciences Academy Experimental Instrument Factory; from June 2010 to June 2014, he was an engineer at the Military Medical Sciences Academy Hygiene Equipment Research Institute. From January 2013 to May 2015, he served as Executive Director of Shenzhen Blue Limited; from May 2015 to October 2020, he was Chairman and General Manager of Shenzhen Blue Limited; from October 2020 to present, he has been Chairman and General Manager of the company.

Moreover, Wu Yanhua serves as the company’s Chief Financial Officer. Wu Yanhua, female, born September 1974, is a Chinese national with no permanent residence abroad. She graduated in July 1997 from Tianjin University of Finance and Economics with a bachelor’s degree in Accounting and holds the title of Senior Accountant. From July 1997 to February 2008, she worked as an accountant and financial manager at Tianjin Huajin Agricultural Development Co., Ltd. (formerly Tianjin Huajin Pastoral and Commercial United Company); from March 2008 to May 2015, she was CFO at WÜRTH; from June 2015 to December 2016, she studied at Western Sydney University in Australia; from May 2017 to January 2018, she was CFO at PRYSMIAN; from January 2018 to October 2020, she was CFO at Shenzhen Blue Limited (the company’s predecessor); from October 2020 to September 2022, she served as CFO; and from September 2022 to present, she is a director and CFO of the company.