Group 1 - The core viewpoint of the article highlights the listing of new stocks on December 2, with E Ausaitou and Jingchuang Electric being the two companies mentioned [1][3][4] - E Ausaitou, listed on the Sci-Tech Innovation Board, has an issuance price of 26.68 yuan and a total market value of 10.66 billion yuan, with a high issuance price-to-earnings ratio of 519.12 [2] - The company is recognized as one of the first entrants in the gene editing field in China, possessing a leading technological advantage and becoming a giant in the domestic model organism sector [2] - E Ausaitou has established relationships with the top ten global pharmaceutical companies based on projected 2024 revenues, indicating strong industry connections [2] - The company is actively developing an antibody discovery platform leveraging its gene editing advantages, focusing on TCR mouse platform biotechnology [2] Group 2 - Jingchuang Electric, listed on the Beijing Stock Exchange, has an issuance price of 17.10 yuan and a total market value of 525 million yuan, with a more modest issuance price-to-earnings ratio of 13.47 [4] - The company specializes in the research, production, and sales of smart controllers for cold chain equipment, as well as environmental particle detection instruments [4] - In 2023, Jingchuang Electric achieved a leading market share in the cold chain temperature and humidity control sector in China [4]

Core Viewpoint - The company Jingchuang Electric (920035.BJ) has recently gone public on the Beijing Stock Exchange, specializing in the research, production, and sales of cold chain equipment and related monitoring instruments, positioning itself as a national high-tech enterprise and a "little giant" in specialized fields [1]. Group 1: Company Overview - Jingchuang Electric focuses on intelligent controllers for cold chain equipment, pharmaceutical and food cold chain monitoring recorders, heat pump testing instruments, and environmental particulate matter detection instruments [1]. - The company is recognized as a national high-tech enterprise and a specialized "little giant" enterprise, indicating its significant role in the industry [1]. Group 2: Technological and Market Position - As of November 17, the company has participated in the formulation of 38 national and industry standards related to its core products, establishing a leading position in cold chain control and monitoring technology [4]. - Jingchuang Electric has established subsidiaries in the United States, the United Kingdom, and Brazil, and has entered the supply chains of major refrigeration equipment manufacturers such as Panasonic, Haier, and Aucma [4]. - The company utilizes multiple sales channels, including direct sales, trade merchants, and online platforms like Amazon and Shopify, to meet customer demands both domestically and internationally [4]. Group 3: Market Share and Financial Performance - According to QYResearch, Jingchuang Electric holds a market share of 13.13% in the domestic cold chain temperature and humidity control market and 4.64% in the global market, ranking first in China and among the top globally [5]. - The company also ranks within the top five in the domestic market for refrigeration and air conditioning testing instruments, with market shares of 3.62% and 2.20% in China and globally, respectively [5]. - From 2022 to the first half of 2025, the company received government subsidies totaling approximately 13.36 million yuan, 13.66 million yuan, 13.16 million yuan, and 1.57 million yuan, which accounted for 24.44%, 23.59%, 19.50%, and 4.84% of total profit, respectively [5].

Core Viewpoint - A new stock, Jingchuang Electric (920035.BJ), was listed on December 2, specializing in the research, production, and sales of cold chain equipment and monitoring instruments, and is recognized as a national high-tech enterprise and a "little giant" company in specialized and innovative sectors [1] Group 1: Company Overview - Jingchuang Electric focuses on intelligent controllers for cold chain equipment, monitoring recorders for pharmaceuticals and food, and environmental particle detection instruments [1] - The company has established subsidiaries in the United States, the United Kingdom, and Brazil, and has entered the supply chains of major refrigeration equipment manufacturers such as Panasonic, Haier, and Aucma [4] - The company utilizes multiple sales channels, including direct sales, trade merchants, and online platforms like Amazon and Shopify, to meet customer demands both domestically and internationally [4] Group 2: Market Position - In 2023, Jingchuang Electric held a market share of 13.13% in China's cold chain temperature and humidity control market, ranking first domestically, and 4.64% in the global market, placing it among the leaders [5] - The company also ranked in the top five in China's refrigeration and air conditioning testing instruments market with a share of 3.62% domestically and 2.20% globally [5] Group 3: Financial Support and Risks - From 2022 to the first half of 2025, the government subsidies recognized in the company's profits were 13.36 million, 13.66 million, 13.16 million, and 1.57 million yuan, accounting for 24.44%, 23.59%, 19.50%, and 4.84% of total profits respectively [5] - Tax incentives received during the same period were 6.68 million, 7.69 million, 9.28 million, and 5.06 million yuan, representing 12.22%, 13.27%, 13.74%, and 15.56% of total profits respectively [5]

Core Viewpoint - A new stock, Jingchuang Electric (920035.BJ), was listed on December 2, focusing on the development, production, and sales of cold chain equipment and related monitoring instruments, and is recognized as a national high-tech enterprise and a "little giant" company in specialized fields [1] Group 1: Fundraising and Investment Directions - The company plans to invest 1.10 billion yuan (approximately 62.86% of total fundraising) in the core production line's intelligent upgrade and transformation project [3] Group 2: Technical Position and Market Presence - As of November 17, the company has participated in the formulation of 38 national and industry standards related to its core products, establishing a significant position in cold chain control and monitoring technology [5] - Jingchuang Electric has subsidiaries in the USA, UK, and Brazil, and has entered the supply chains of major refrigeration equipment manufacturers such as Panasonic and Haier [5] - The company holds a market share of 13.13% in China's cold chain temperature and humidity control market and 4.64% globally, ranking first domestically and among the top globally [5] - In the refrigeration and HVAC testing instruments market, the company has a market share of 3.62% in China and 2.20% globally, placing it among the top five in China and leading globally [5]