京公财经讯：2025年12月16日，深圳市尚水智能股份有限公司（以下简称“尚水智能”）即将迎来创业板上市审核委员会的审议。这家以“循环式高效制浆系统”技术为核心的新能源装备企业，曾因首创技术打破国外垄断、服务比亚迪等头部客户而备受市场关注。然而，随着招股书披露与监管问询的深入，其财务数据异常、客户结构失衡、创始团队动荡等核心风险逐渐浮出水面。在技术壁垒削弱、市场竞争加剧的背景下，尚水智能的IPO...
Source Link京公财经讯：2025年12月16日，深圳市尚水智能股份有限公司（以下简称“尚水智能”）即将迎来创业板上市审核委员会的审议。这家以“循环式高效制浆系统”技术为核心的新能源装备企业，曾因首创技术打破国外垄断、服务比亚迪等头部客户而备受市场关注。然而，随着招股书披露与监管问询的深入，其财务数据异常、客户结构失衡、创始团队动荡等核心风险逐渐浮出水面。在技术壁垒削弱、市场竞争加剧的背景下，尚水智能的IPO...
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