（记者 张喜威） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 每日经济新闻 每经讯，2025年8月15日，北交所上市公司广信科技（920037，收盘价：95.68元）发生一笔大宗交易，成交价64.78元/股，成交 数量7.08万股，成交金额458.84万元，折价32.3%。买入营业部是中信证券（山东）有限责任公司龙口南山路证券营业部，卖出 营业部是东海证券股份有限公司威海东海路证券营业部。 ...

证券代码：920037 证券简称：广信科技 公告编号：2025-118 湖南广信科技股份有限公司 公司保荐机构东兴证券股份有限公司就本事项出具了无异议的核查意见。具 体详见公司于 2025 年 8 月 4 日在北京证券交易所指定信息披露平台 （www.bse.cn）披露的《使用闲置募集资金现金管理公告》（公告编号：2025-079）。 （二）披露标准 根据《北京证券交易所股票上市规则》中相关规定，交易的成交金额占上市 公司最近一期经审计净资产的 10%以上且超过 1,000 万元的应当予以披露；上市 公司连续 12 个月滚动发生理财的，以该期间最高余额为成交额，适用上述标准。 公司本次使用闲置募集资金进行现金管理的金额为 17,780 万元，截至本公 告日，公司使用闲置募集资金进行现金管理的未到期余额为 17,780 万元，占公 司 2024 年年度经审计净资产的 34.63%。根据《北京证券交易所股票上市规则》 的相关规定，公司本次使用闲置募集资金进行现金管理的金额达到披露标准，现 予以披露。 二、 本次募集资金现金管理情况 关于使用闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证公告内容的真 ...

证券研究报告·北交所公司深度报告·电网设备 广信科技（920037） 特高压绝缘材料龙头，行业高景气推动量利 双升 买入（首次） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 420.07 | 577.54 | 893.61 | 1,252.68 | 1,733.95 | | 同比 | 38.05 | 37.49 | 54.73 | 40.18 | 38.42 | | 归母净利润（百万元） | 49.40 | 116.17 | 249.73 | 353.27 | 491.15 | | 同比 | 235.55 | 135.14 | 114.96 | 41.46 | 39.03 | | EPS-最新摊薄（元/股） | 0.54 | 1.27 | 2.73 | 3.86 | 5.37 | | P/E（现价&最新摊薄） | 154.73 | 65.80 | 30.61 | 21.64 | 15.56 | [Table_Tag] [T ...

证券研究报告 电力设备 | 电网设备 北交所|首次覆盖报告 hyzqdatemark 2025 年 08 月 07 日 证券分析师 赵昊 SAC：S1350524110004 zhaohao@huayuanstock.com 万枭 SAC：S1350524100001 wanxiao@huayuanstock.com 市场表现： | 基本数据 | 年 | 08 | 月 | 日 | 06 | | | | 2025 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 收盘价（元） | | | | | | | 83.58 | | | | 一 年 内 最 高 / 低 | | | | | | 最 | | | | | （元） | | | | | | | | 86.49/50.00 | | | 总市值（百万元） | | | | | | | | 7,644.47 | | | 流通市值（百万元） | | | | | | | | 2,470.98 | | | 总股本（百万股） | | | | | | | 91.46 | | | | 资产负债率（%） ...

Group 1 - The company, Guangxin Technology, announced the establishment of a special account for managing raised funds to protect investor rights [2] - The company has signed a tripartite supervision agreement with a commercial bank and Dongxing Securities for the management of the funds raised from the issuance of shares to unspecified qualified investors [2]

证券代码：920037 证券简称：广信科技 公告编号：2025-117 湖南广信科技股份有限公司 关于签署募集资金三方监管协议的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别 及连带法律责任。 一、募集资金情况概述 为规范公司募集资金管理，保护投资者权益，根据《北京证券交易所股票上市 规则》和《北京证券交易所上市公司持续监管指引第 9 号——募集资金管理》等相 关法律、法规和规范性文件的规定，公司开设募集资金专项账户存放本次向不特定 合格投资者发行股票的募集资金，公司（甲方）已与存放募集资金的商业银行（乙 方）和东兴证券股份有限公司（丙方）签订《募集资金三方监管协议》（以下简称 "三方监管协议"）。 三、监管协议主要内容 甲方：湖南广信科技股份有限公司（以下简称"甲方"） 乙方：招商银行股份有限公司长沙分行（以下简称"乙方"） 丙方：东兴证券股份有限公司（以下简称"丙方"） 公司本次向不特定合格投资者发行股票 2,000.00 万股（超额配售选择权行使 前），每股发行价格为人民币 10 元，募集资金总额为人民币 2 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies [36]. Core Insights - The aerospace and drone sectors are highlighted as potential catalysts for investment opportunities [3]. - The military industry sector showed significant performance, with notable stock increases for companies like Xingchen Technology (15.9%) and Tongyi Aerospace (7.0%) [3][17]. - The report emphasizes the ongoing interest in innovative pharmaceuticals, AI hardware technology iterations, and new production capabilities, driven by policy benefits and industrial capital [3]. - The North Exchange is expected to strengthen its investment value due to policy-driven and fundamental improvements as more quality companies list on the exchange [3]. Summary by Sections Market Review - On August 4, the North Exchange A-share trading volume reached 19.81 billion yuan, a decrease of 1.92 billion yuan from the previous trading day, with the North Exchange 50 Index closing at 1433.25, up 0.96% [7][15]. - The North Exchange specialized index closed at 2460.21, increasing by 1.42% [7]. Stock Performance - Among the 269 companies on the North Exchange, 158 saw stock price increases, 4 remained flat, and 107 experienced declines [17]. - The top five gainers included Xingchen Technology (15.9%), Tongyi Aerospace (7.0%), and Sanyuan Gene (6.9%) [17][19]. - The top five decliners included Shengtong Valley (-8.5%), Dingjia Precision (-4.9%), and Datang Pharmaceutical (-4.9%) [17][19]. Important News - Significant progress was reported in the development of an AIDS vaccine in China, marking a milestone in the field [20]. - Shanghai's government is promoting the inclusion of more companies in integrated circuits, biomedicine, and artificial intelligence sectors under the "Explorer Program" [21]. Key Company Announcements - Huitong New Materials reported a revenue of 112 million yuan for the first half of 2025, a year-on-year increase of 8.37%, with a net profit of 24 million yuan, up 27.58% [22]. - Guanzhi International announced a revenue of 247 million yuan for the first half of 2025, reflecting a 5.20% year-on-year growth, with a net profit of 46 million yuan, up 7.12% [29].

Core Viewpoint - The new stock market on the Beijing Stock Exchange (BSE) has shown remarkable performance this year, with several new listings achieving significant first-day gains, indicating a strong market sentiment and investor interest [2][3]. Group 1: New Stock Performance - Dingjia Precision (920005.BJ) debuted on the BSE with a first-day increase of 479.12%, making it the second-highest gainer this year [2]. - In the first seven months of the year, the BSE welcomed seven new stocks, with four of them seeing first-day gains exceeding 400%. The top performer was Guangxin Technology (920037.BJ) with a 500% increase [2][5]. - Overall, the BSE's new stocks have outperformed the broader A-share market, with four BSE stocks appearing in the top ten for first-day gains among 59 new A-share stocks [2][6]. Group 2: Factors Influencing Performance - The strong performance of new stocks is attributed to several factors, including improved quality of new companies, favorable issuance price-to-earnings ratios, voluntary lock-up by existing shareholders, and a positive secondary market trend on the BSE [3][9]. - The average first-day gain for new stocks on the BSE has been significantly higher than that of other markets, reflecting a robust market environment [3]. Group 3: Notable New Listings - Notable new listings include: - Guangxin Technology: First-day gain of 500%, with an issuance price of 10 yuan/share and a P/E ratio of 7.59 [4][5]. - Tian Gong Co. (920068.BJ): Issued at 3.94 yuan/share, it saw a first-day increase of 411.93% [5]. - Xingtu Measurement and Control (920116.BJ): First-day gain of 407.23% with an issuance price of 6.92 yuan/share [5]. - The performance of these stocks indicates a trend of low issuance prices leading to high first-day returns [2][4]. Group 4: Future Outlook - Analysts expect an increase in the issuance pace of new stocks on the BSE in the second half of the year, driven by a strong pipeline of quality companies [9]. - The upcoming listing of Zhigao Machinery, with an issuance price of 17.41 yuan and a P/E ratio of 14.5, is anticipated to further enhance market activity [9].

Core Viewpoint - The article highlights the impressive performance of newly listed stocks on the Beijing Stock Exchange (BSE) in 2023, particularly focusing on the significant first-day gains of several companies, indicating a strong market sentiment and investor interest in this segment [3][4]. Summary by Sections New Stock Performance - Dingjia Precision (920005.BJ) debuted on the BSE with a first-day increase of 479.12%, while Guangxin Technology (920037.BJ) achieved a 500% rise, marking it as the highest gain this year [3][5]. - In total, seven new stocks were listed on the BSE in the first seven months of the year, with four of them experiencing first-day gains exceeding 400% [3][8]. Market Dynamics - The favorable performance of new stocks is attributed to several factors, including improved quality of new listings, lower issuance price-to-earnings ratios, and a positive secondary market environment [4][10]. - The average first-day gain for new stocks on the BSE has been significantly higher compared to the overall A-share market, where 59 new stocks were listed in the same period [8][10]. Financial Performance - Many of the new stocks reported strong financial results in Q1 2023, with companies like Development Technology achieving a revenue of 810 million yuan and a net profit of 203 million yuan, reflecting year-on-year growth of 35.43% and 60.3% respectively [10][11]. - However, some companies like Jiaoda Iron and Steel reported losses despite revenue growth, indicating mixed financial health among new listings [10]. Future Outlook - Analysts predict an increase in the issuance pace of new stocks on the BSE in the second half of the year, driven by a robust pipeline of quality companies ready for listing [11][12]. - The upcoming listing of Zhigao Machinery, with an issuance price of 17.41 yuan and a P/E ratio of 14.5, is expected to further enhance the market's attractiveness [11].

东兴证券股份有限公司 关于湖南广信科技股份有限公司 使用闲置募集资金进行现金管理的核查意见 东兴证券股份有限公司(以下简称"东兴证券"、"保荐机构")作为湖南广 信科技股份有限公司(以下简称"广信科技"、"公司")向不特定合格投资者公 开发行股票并在北交所上市的保荐机构,根据《证券发行上市保荐业务管理办 法》《北京证券交易所证券发行上市保荐业务管理细则》《北京证券交易所股票 上市规则》等相关规定,对广信科技使用闲置募集资金进行现金管理事项出具 核查意见,具体情况如下: 一、募集资金基本情况 2025年 6 月 17 日,湖南广信科技股份有限公司（以下简称"公司"）发行 普通股 20,000,000 股,发行方式为战略投资者定向配售(以下简称"战略配 售")和网上向开通北交所交易权限的合格投资者定价发行(以下简称"网上发 行")相结合,发行价格为 10 元/股,募集资金总额为 200,000,000.00 元,实际 募集资金净额为 171,060,377.35 元,到账时间为 2025年 6 月 19 日。公司因行使 超额配售选择权取得的募集资金净额为 27,800,000 元，到账时间为 2025 年 7 月 ...