Core Viewpoint - Tian Gong International (00826) has established a joint venture in the titanium powder materials sector, aiming to fill domestic gaps and promote import substitution in high-end titanium alloy powder materials [1] Group 1: Joint Venture Details - The joint venture, Jiangsu Tiangong Titanium Crystal New Materials Co., Ltd., was formed with Tian De Investment, Long Hai Ming, and Nantong Xiehui Investment, with a registered capital of 100 million yuan [1] - Tian Gong Technology holds a 60% stake in the joint venture, contributing 60 million yuan, and the business registration has been completed [1] Group 2: Market Focus and Opportunities - The joint venture will focus on powder new materials, including additive manufacturing and 3D printing materials, which are at the forefront of metal material preparation technology [1] - The target markets for the joint venture include aerospace and medical devices, indicating a broad application scope for titanium alloy powder materials [1] Group 3: Strategic Implications - The establishment of the joint venture is expected to enhance the company's market space by leveraging technological advantages and aligning with downstream industry trends [1] - The joint venture aims to address the domestic demand for high-end titanium alloy powder materials, which currently has significant market potential in consumer electronics, aerospace, and medical devices [1]

Group 1 - Jiangsu Tiangong Titanium Crystal New Materials Co., Ltd. has been established with a registered capital of 100 million yuan [1] - The company is co-owned by Tiangong Co., Ltd. and Tiande Investment (Nantong) Co., Ltd. [1] - The business scope includes new material technology research and development, additive manufacturing, sales of 3D printing basic materials, manufacturing and sales of forgings and powder metallurgy products, and 3D printing services [1]

Core Viewpoint - Jiangsu Tiangong Titanium Crystal New Materials Co., Ltd. has been established, focusing on advanced materials technology and 3D printing services [1] Company Summary - The company is registered with a capital of 100 million yuan [1] - The legal representative is Jiang Rongjun [1] - The business scope includes research and development of new materials, additive manufacturing, sales of 3D printing basic materials, manufacturing and sales of forgings and powder metallurgy products, and 3D printing services [1] Ownership Structure - The company is jointly held by Tiangong Co., Ltd. and Tiande Investment (Nantong) Co., Ltd. among others [1]

每经讯，2025年8月20日，北交所上市公司天工股份（920068，收盘价：23.2元）登上龙虎榜，交易方式是连续竞价，披露原因 是当日换手率达到33.79%，成交数量2118.48万股，成交金额4.93亿元。买一席位为东方财富证券股份有限公司拉萨东环路第二 证券营业部，买入668.64万元；卖一席位为国泰海通证券股份有限公司广东梅州新中路营业部，卖出1003.76万元。 | | 2025-08-20天工股份(920068) 龙虎榜 | | | | --- | --- | --- | --- | | 序号 | 交易营业部名称 | 买入金额(元) | 卖出金额(元) | | न्द्र ग | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 6686375.87 | 7690549.21 | | 买2 | 江海证券有限公司上海国安路证券营业部 | 6251285.76 | 0 | | 址3 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 5410614.43 | 4053525.3 | | 买4 | | 5303063.05 | 9004375.48 | | ન્નેર | 东方财富证券股份有限 ...

Group 1 - Tian Gong Co., Ltd. (stock code: 920068) experienced a significant increase of 8.92% in its stock price today, with a turnover rate of 33.79% and a total trading volume of 493 million yuan, showing a volatility of 21.33% [2] - The stock was listed on the "Dragon and Tiger List" due to its high turnover rate, with a net selling amount of 14.51 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction amount of 79.88 million yuan, with a buying amount of 32.69 million yuan and a selling amount of 47.19 million yuan, resulting in a net selling of 14.51 million yuan [2] Group 2 - The largest buying brokerage was Dongfang Caifu Securities Co., Ltd. from Lhasa, with a buying amount of 6.69 million yuan, while the largest selling brokerage was Guotai Haitong Securities Co., Ltd. from Meizhou, with a selling amount of 10.04 million yuan [2] - Over the past six months, the stock has appeared on the "Dragon and Tiger List" five times, with an average price increase of 2.99% the day after being listed and an average decline of 7.21% in the following five days [2]

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].

Core Viewpoint - The new stock market on the Beijing Stock Exchange (BSE) has shown remarkable performance this year, with several newly listed companies achieving significant first-day gains, indicating a strong market sentiment and investor interest [1][5]. 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 [1][2]. - Guangxin Technology (920037.BJ) achieved a first-day gain of 500%, the highest among new stocks this year, with an issuance price of 10 yuan per share and a price-to-earnings ratio of 7.59 [3][5]. - Other notable performers include Tian Gong Co. (920068.BJ) with a 411.93% increase and Xingtou Measurement Control (920116.BJ) with a 407.23% increase, both having issuance prices below 10 yuan [2][3]. Group 2: Market Trends and Analysis - The overall performance of new stocks on the BSE has been impressive, with 4 out of the top 10 new stocks in terms of first-day gains being from the BSE [1][5]. - The first-day gains of new stocks are attributed to factors such as lower issuance prices, improved quality of new companies, and favorable market conditions [1][5]. - Analysts expect 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 [6][7]. Group 3: Financial Performance - Many of the newly listed companies reported strong financial results in the first quarter, with significant year-on-year growth in revenue and net profit [7]. - For instance, Development Technology achieved a revenue of 810 million yuan and a net profit of 203 million yuan, reflecting growth rates of 35.43% and 60.3%, respectively [7]. - Guangxin Technology also reported a revenue of 175 million yuan and a net profit of approximately 44 million yuan, with growth rates of 54.48% and 128.53% [7].

证券代码：920068 证券简称：天工股份 公告编号：2025-053 聘任褚明凡女士为公司证券事务代表，任职期限至第四届董事会任期届满之日止， 自 2025 年 7 月 8 日起生效。该人员持有公司股份 0 股，占公司股本的 0%，不是失信联 合惩戒对象。 （上述人员简历详见附件） 二、合规性说明及影响 （一）人员变动的合规性说明 褚明凡女士具备履行职责所必须的专业知识、工作经验及相关素质，能够胜任相关 岗位职责的要求，其任职资格符合《中华人民共和国公司法》《北京证券交易所股票上 市规则》等相关法律法规的规定。 （二）人员变动对公司的影响 江苏天工科技股份有限公司证券事务代表任命公告 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、证券事务代表任命的基本情况 江苏天工科技股份有限公司（以下简称"公司"）于 2025 年 7 月 8 日召开了第四届 董事会第十一次会议，审议通过了《关于聘任公司证券事务代表的议案》。 《江苏天工科技股份有限公司第四届董事会第十一次会议决议》 江苏天工科技股份有限公司 董 ...

一、会议召开和出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 二、议案审议情况 （一）审议通过《关于聘任公司证券事务代表的议案》 证券代码：920068 证券简称：天工股份 公告编号：2025-052 1.议案内容： 根据《中华人民共和国公司法》《北京证券交易所股票上市规则》及《公司 章程》等相关法律法规的规定，为规范公司信息披露事务、完善治理结构，公司 第四届董事会第十一次会议决议公告 江苏天工科技股份有限公司 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）会议召开情况 1.会议召开时间：2025 年 7 月 8 日 2.会议召开地点：公司会议室 3.会议召开方式：现场与通讯相结合 4.发出董事会会议通知的时间和方式：2025 年 6 月 28 日以书面方式发出 5.会议主持人：朱泽峰 6.会议列席人员：监事会成员、董事会秘书及公司其他高管 7.召开情况合法、合规、合章程性说明： 会议的召开符合《公司法》和《公司章程》的有关规定。 （二）会议出席情况 本议案无需提交股东会审议。 ...