Group 1: Tianfulong (603406.SH) - Tianfulong primarily engages in the research, production, and sales of differentiated polyester staple fibers, expanding its product layout from recycled colored polyester staple fibers to differentiated composite fibers and polyester new materials [1][7] - The company has a market capitalization of 9.44 billion yuan and an issuance price of 23.6 yuan per share, with an institutional offering price of 25.71 yuan per share [4] - Tianfulong ranks ninth in the production of virgin polyester staple fibers and second in recycled polyester staple fibers in China, with its sales of colored polyester staple fibers for automotive interiors and low-melting-point staple fibers ranking first in the domestic market from 2021 to 2023 [7] - The company plans to invest 73.42% of its raised funds into a high-elasticity low-melting-point fiber project, which aims to produce 170,000 tons of low-melting-point polyester fibers annually [6] Group 2: Youli Intelligent (920007.BJ) - Youli Intelligent focuses on the research, production, and sales of core components for photovoltaic brackets, having established itself in the photovoltaic support field since its inception [1][10] - The company plans to allocate 56.07% of its raised funds to the construction of a production base for core components of photovoltaic brackets [10] - Youli Intelligent has received the "High-tech Enterprise" title in 2023 and holds 61 authorized patents, demonstrating its commitment to innovation and quality [10][11] - The company is a key supplier of components to Nextracker, a leading global tracking bracket company, and has established strong partnerships with other notable photovoltaic enterprises [11]

Core Viewpoint - Youli Intelligent (酉立智能) has successfully completed its IPO on the Beijing Stock Exchange, attracting significant investor interest with a subscription multiple of 2406.88 times and a total of 614.53 billion yuan in frozen funds [1] Group 1: IPO Details - The IPO attracted 564,100 investors, with a total subscription of 25.616 billion shares [1] - The allocation ratio for investors was 0.04%, indicating a highly competitive offering [1] - Strategic investors included 13 firms, with a total of 2.2406 million shares allocated, representing 20% of the total issuance [1] Group 2: Strategic Investors - Notable strategic investors include Jiangsu Jincai Investment Co., Ltd., Huatai Innovation Investment Co., Ltd., and Suzhou Fenyuan Capital Management Co., Ltd. [2] - The strategic allocation was priced at 23.99 yuan per share, raising a total of 53.752 million yuan [1][2] Group 3: Company Overview - Youli Intelligent specializes in the R&D, production, and sales of core components for photovoltaic brackets, including torque tubes, bearing components, installation structures, and rails [3] - The company has been recognized as a specialized and innovative small giant enterprise by the Ministry of Industry and Information Technology [3] - Youli Intelligent has established partnerships with well-known photovoltaic bracket companies such as NEXTracker, Optimum Tracker, and Trina Solar [3] Group 4: Financial Performance - Projected revenues for 2023 and 2024 are 658 million yuan and 729 million yuan, reflecting year-on-year growth rates of 51.96% and 10.84% respectively [3] - The net profit attributable to the parent company is expected to be 78.1727 million yuan and 90.0478 million yuan for the same years, with growth rates of 85.27% and 15.19% respectively [3]