Core Viewpoint - Youli Intelligent (920007) is publicly issuing shares to unspecified qualified investors and is conducting an online roadshow for its listing on the Beijing Stock Exchange, highlighting its competitive advantages in the photovoltaic support structure industry [1] Company Overview - Youli Intelligent has established a strong presence in the photovoltaic support structure sector, focusing on the research, production, and sales of core components [1] - The company's main products include the Torque Tube (TTU), Bearing Assembly (BHA), Module Installation Structure (URA), and Rail (RAIL) [1] Market Position - The company has built a high level of recognition in both domestic and international markets, collaborating with well-known photovoltaic support enterprises such as NEXTracker, Optimum Tracker, Gonvarri Industries, Trina Solar, and Antai New Energy [1] - Youli Intelligent's products are exported to various countries and regions, including Brazil, Chile, Australia, Canada, Europe, and the Middle East [1]

Core Viewpoint - Youli Intelligent (920007) is publicly issuing stocks to unspecified qualified investors and is conducting an online roadshow for its listing on the Beijing Stock Exchange, emphasizing the importance of high-quality photovoltaic brackets in enhancing the lifespan and efficiency of solar power plants [1] Company Overview - Youli Intelligent has been deeply engaged in the photovoltaic bracket sector since its establishment, focusing on the research, production, and sales of core components of photovoltaic brackets [1] - The main products of the company include the Photovoltaic Bracket Main Support Torque Tube (TTU), Photovoltaic Bracket Bearing Assembly (BHA), Photovoltaic Module Installation Structural Parts (URA), and Purlins (RAIL) [1] Industry Insights - The rapid development of China's photovoltaic industry is supported by the national advocacy for the "Photovoltaic +" model, which encourages the integration of solar power systems with various industries such as transportation, construction, and agriculture [1] - The construction of solar power plants in complex environments such as deserts, gobi, hills, and mountainous areas is increasingly emphasized, leading to higher demands for the hardness, wind resistance, and corrosion resistance of photovoltaic brackets [1] - The complexity of the construction environment for solar power plants is increasing, which highlights the growing importance of the rational design and high-quality production of photovoltaic brackets [1]

Trading Activity - The average daily trading volume on the Beijing Stock Exchange (BSE) decreased by 5.30% to 23.773 billion yuan compared to the previous week[1] - The average turnover rate for the BSE was 26.75% during the week[7] - The BSE's trading volume accounted for 1.40% of the total market, remaining stable compared to the previous week[11] Market Indices - The North Exchange 50 Index rose by 1.56% during the week, continuing its narrow fluctuations since reaching a year-to-date high on May 21[14] - Other indices such as the Sci-Tech 50 and the CSI 1000 also saw increases of 0.65% and 2.51% respectively[13] Sector Performance - Among the 24 sectors on the BSE, 13 sectors, including petrochemicals, had a positive median increase, while 10 sectors, including transportation, had negative median changes[21] - The petrochemical sector led with a median increase of 5.01%, while the transportation sector had a median decrease of -3.55%[21] Individual Stock Performance - 51.85% of the 270 stocks listed on the BSE saw price increases, with Huami New Materials leading with a rise of 33.97%[28] - Conversely, *ST Guandao experienced a significant drop of -22.31%[28] New Listings and IPOs - Two new stocks were offered for subscription, and one stock was listed during the week[38] - The newly listed stock, Youli Intelligent, saw a first-day price increase of 271.09% compared to its issue price[41] New Third Board Activity - The trading volume on the New Third Board increased by 35.45% compared to the previous week, with a total of 6,026 listed companies[34] - The trading amounts for the innovation layer and basic layer were 1.411 billion yuan and 213 million yuan respectively, showing a decrease of 38.87% and 16.44%[35]

酉立智能8月11日交易公开信息 酉立智能（920007）今日下跌3.63%，全天换手率33.84%，成交额2.96亿元，振幅7.62%。龙虎榜数据显 示，营业部席位合计净卖出1307.14万元。 北交所公开信息显示，当日该股因日换手率达33.84%上榜，营业部席位合计净卖出1307.14万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交7098.56万元，其中，买入成交额为 2895.71万元，卖出成交额为4202.85万元，合计净卖出1307.14万元。 具体来看，今日上榜营业部中，第一大买入营业部为东方财富证券股份有限公司拉萨团结路第二证券营 业部，买入金额为824.28万元，第一大卖出营业部为国投证券股份有限公司潮州城新西路证券营业部， 卖出金额为968.04万元。（数据宝） | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | 824.28 | 540.97 | | 买二 | 方正证券股份有限公司鞍山胜利南路证券营业部 ...

Core Viewpoint - The photovoltaic industry is experiencing rapid growth due to the acceleration of global clean energy transition, with Jiangsu Youli Intelligent Equipment Co., Ltd. being a key player in the photovoltaic support structure sector, recently listed on the Beijing Stock Exchange [1] Group 1: Company Overview - Jiangsu Youli specializes in the production of key components for photovoltaic support structures, including torque tubes, bearing assemblies, installation components, and rails, which are essential for solar power systems [2] - The company has established itself as a core supplier for NEXTracker, a leading global player in the tracking support market, and has a strong international presence [5] Group 2: Market Dynamics - The global photovoltaic support structure market is projected to grow from $13.368 billion in 2022 to $24.027 billion by 2030, with a CAGR of 7.60% [11] - The demand for photovoltaic support structures is closely linked to the installation of new solar power capacity, with a significant increase in global installations expected [11] Group 3: Financial Performance - Jiangsu Youli has achieved a compound annual growth rate (CAGR) of 30.65% in net profit over the past three years, with revenue expected to rise from 433 million yuan to 729 million yuan from 2022 to 2024 [7] - The company anticipates revenue growth of 24.4% to 29.8% in the first half of 2025, driven by strong global demand for photovoltaic installations [7] Group 4: Technological Advancements - The company has made significant advancements in production efficiency and cost reduction through technological innovations, such as the application of non-rivet connection technology and optimized production processes [6] - These innovations have led to improved production capacity, with the ability to increase output from 1,500-2,000 units to 4,000-5,000 units per shift [6] Group 5: Market Expansion - Jiangsu Youli is actively expanding its domestic market presence while maintaining strong relationships with international clients, including partnerships with major domestic photovoltaic companies [12] - The company has seen its domestic revenue grow from 49.22 million yuan to 152.37 million yuan over the past three years, increasing its share of total revenue [12] Group 6: Future Outlook - The company plans to raise approximately 269.9 million yuan through its recent listing to enhance production capacity and support the growing demand for photovoltaic support structures [14] - The ongoing transition to clean energy and the increasing investment in photovoltaic projects are expected to drive further growth in the demand for support structures [14]

Core Points - The company Youli Intelligent (stock code: 920007) experienced a significant increase of 246.89% on its first day of trading, with a turnover rate of 77.21% and a transaction volume of 732 million yuan [1] - The company's main business focuses on the research, development, production, and sales of core components for photovoltaic brackets [2] Financing and Trading Details - On its debut, Youli Intelligent had a financing buy-in amount of 7.5878 million yuan, accounting for 1.04% of the total trading volume, with a latest financing balance of 6.3916 million yuan, representing 0.72% of the circulating market value [1][2] - The financing and securities lending details of other newly listed stocks on the same day indicate varying performance, with Youli Intelligent showing a notable increase compared to its peers [2][3]

Group 1 - The report indicates that the financing balance of the North Exchange is still low, with a recent increase but only accounting for 1.23% of the circulating market value compared to 2.29% for the entire A-share market, suggesting room for growth [13][9][20] - The North Exchange 50 index rose by 1.56% this week, while the trading volume decreased by 5.33%, indicating a mixed market performance with individual stocks showing increased activity despite lower index gains [9][20][21] - New stock issuance is accelerating, with the subscription for Zhigao Machinery reaching a record high of 731.5 billion yuan, and the upcoming subscription for Hongyuan Co. on August 11 [10][11][12] Group 2 - The report highlights that the North Exchange has seen a total of 270 companies listed as of August 8, 2025, with the recent listing of Youli Intelligent and the upcoming subscriptions for Hongyuan Co. and others [37][38] - The report notes that the top-performing stocks this week included Huami New Materials and Jiaoda Iron Development, with significant price increases of 33.97% and 25.58% respectively [44][49] - The report provides insights into the new third board, indicating that six new companies were listed and two were delisted, with a total of 6026 companies currently listed [56][58]

Core Insights - Jiangsu Youli Intelligent Equipment Co., Ltd. successfully listed on the Beijing Stock Exchange on August 8, 2023, with an issue price of 23.99 yuan per share and a total of 11.203 million shares issued [1] - The company focuses on the research, production, and sales of core components for photovoltaic (PV) brackets, which are essential for supporting PV modules in solar power systems [3][4] Company Overview - Youli Intelligent has been deeply engaged in the photovoltaic bracket sector since its establishment, with main products including torque tubes (TTU), bearing components (BHA), installation structures (URA), and purlins (RAIL) [3][4] - The stability of PV brackets is crucial for the lifespan of solar power plants, and the company assists clients in optimizing product designs based on their mechanical structure needs [5] Competitive Advantages - The company has accumulated extensive production experience and technical expertise in product design, large-scale production, quality control, and cost management [6] - Youli Intelligent has established a strong reputation in both domestic and international markets, collaborating with well-known companies such as NEXTracker, Trina Solar, and others, with products exported to regions including Brazil, Chile, Australia, Canada, Europe, and the Middle East [6] Industry Context - The photovoltaic industry in China is experiencing robust growth, supported by government policies and continuous technological innovation, making China the largest PV application market globally [8] - The market size of the PV bracket industry in China reached 19 billion yuan in 2022, with an expected growth to 21 billion yuan in 2023 and 25.3 billion yuan in 2024, driven by increasing installed capacity [8] Future Prospects - The company plans to raise 26.99 million yuan through its listing to invest in the construction of a production base for core components, a research center, and to supplement working capital, aiming to contribute to the high-quality development of the photovoltaic industry [9]

Summary of Key Points Core Viewpoint - On August 8, the total trading volume of individual stocks on the Beijing Stock Exchange reached 1.048 billion shares, with a total transaction value of 26.304 billion yuan, reflecting a decrease of 1.678 billion yuan compared to the previous trading day. A total of 66 stocks closed higher, while 200 stocks closed lower [1]. Trading Performance - The stock that saw the highest increase was Youli Intelligent (920007), which surged by 246.89% with a trading volume of 77.21% and a transaction value of 731.54 million yuan. Other notable gainers included Jiaoda Iron and Steel (23.73%) and Tietuo Machinery (11.33%) [2]. - Among the stocks that declined, Huami New Materials dropped by 12.53%, followed by Zhongcheng Technology (8.91%) and Aweite (6.92%) [2]. - A total of 81 stocks had transaction values exceeding 100 million yuan, with the top three being Wuxin Tunnel Equipment (885 million yuan), Youli Intelligent (732 million yuan), and Hengli Drill Tools (646 million yuan) [2]. Stock Activity - The trading activity showed that 35 stocks had a turnover rate exceeding 10%, with 11 stocks exceeding 20%. The turnover rates for the top three stocks were Youli Intelligent (77.21%), Jiaoda Iron and Steel (59.04%), and Fangsheng Co. (42.65%) [2]. - The overall market saw 24.44% of the tradable stocks closing higher, indicating a mixed performance across the board [1].

| 920066 | 科拜尔 | 13.31 | 2024.10.31 | 52.52 | 294.59 | | --- | --- | --- | --- | --- | --- | | 920088 | 科力股份 | 7.32 | 2024.10.29 | 36.40 | 397.27 | | 920019 | 铜冠矿建 | 4.33 | 2024.10.11 | 36.00 | 731.41 | | 920099 | 瑞华技术 | 19.00 | 2024.09.25 | 24.19 | 27.32 | | 920016 | 中草香料 | 7.50 | 2024.09.13 | 25.60 | 241.33 | | 920008 | 成电光信 | 10.00 | 2024.08.29 | 20.10 | 101.00 | | 920118 | 太湖远大 | 17.00 | 2024.08.22 | 23.13 | 36.06 | | 920002 | 万达轴承 | 20.74 | 2024.05.30 | 67.98 | 227.77 | | 872931 | 无锡鼎邦 | 6.20 | 2024.04 ...