Jiangsu Tiangong Technology(920068)

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天工股份上市募2.4亿首日涨412% 去年营收下降2亿元
Zhong Guo Jing Ji Wang· 2025-05-13 07:16
Core Viewpoint - Jiangsu Tiangong Technology Co., Ltd. (Tiangong Co., stock code: 920068.BJ) was listed on the Beijing Stock Exchange, with a closing price of 20.17 yuan, reflecting a significant increase of 411.93% from the opening price [1] Company Overview - Tiangong Co. specializes in the research, production, and sales of titanium and titanium alloy materials, utilizing sponge titanium and other metal elements to create products in various forms such as plates, pipes, and wires, which are widely used in the chemical and consumer electronics industries [1] Shareholding Structure - Before the issuance, Tiangong Investment held 75.58% of the company's shares, which decreased to 68.57% (pre-over-allotment) and 67.63% (post-over-allotment) after the issuance [1] - Zhu Xiaokun, Yu Yumei, and Zhu Zefeng, who are the actual controllers of the company, hold shares through Tiangong Investment, with Zhu Xiaokun directly holding 2.47% of the shares, which will decrease to 2.24% (pre-over-allotment) and 2.21% (post-over-allotment) [2] Financial Performance - The company reported revenues of 383 million yuan, 1.035 billion yuan, and 801 million yuan for the years 2022, 2023, and 2024 respectively, with net profits of 70.31 million yuan, 175 million yuan, and 174 million yuan for the same years [8] - The total assets as of December 31, 2024, were approximately 1.217 billion yuan, with total equity of about 1.047 billion yuan [9] Fundraising and Use of Proceeds - Tiangong Co. raised a total of 236.4 million yuan, with a net amount of 206.32 million yuan after deducting issuance costs of 30.08 million yuan [6] - The company plans to use the raised funds for the construction of a production line with an annual capacity of 3,000 tons of high-end titanium and titanium alloy rods and wires, with a total investment of 400 million yuan [7] Market and Business Challenges - The company is facing inquiries regarding the decline in line material revenue in the first half of 2024, with specific requests for data on sales volume and reasons for the decline [4] - There are concerns about the company's ability to maintain business sustainability and the impact of increased ESG requirements from customers on sales [5]
开盘上涨458.63% 消费电子领域钛合金“小巨人”天工股份成功登陆北交所
Quan Jing Wang· 2025-05-13 04:53
Core Viewpoint - Jiangsu Tiangong Technology Co., Ltd. successfully listed on the Beijing Stock Exchange, marking a significant milestone for the company and the industry [1][3]. Group 1: Company Overview - Jiangsu Tiangong Technology Co., Ltd. was established in 2010 and specializes in the research, production, and sales of titanium and titanium alloy materials [9]. - The company is recognized as a national-level "specialized, refined, and innovative" small giant enterprise, focusing on titanium alloy manufacturing and technological innovation [4]. Group 2: Market Performance - On its first day of trading, Tiangong shares surged by 458.63%, reaching a price of 22.01 yuan per share, indicating strong market vitality and investor confidence in the company's future [3]. Group 3: Leadership Statements - The Vice Mayor of Zhenjiang, Zhou Ka, praised Tiangong for its comprehensive product offerings and leadership in the industry, expressing hope for the company to leverage its listing to enhance its market position and deliver excellent performance [4]. - Chairman Zhu Zefeng emphasized that the listing is a new starting point, focusing on technological innovation and expanding into core fields such as consumer electronics, aerospace, and healthcare [6]. - Zhang Yifei from Shenwan Hongyuan Securities highlighted the importance of this listing as a new phase for Tiangong, encouraging the company to utilize capital market advantages for resource optimization and core competitiveness [8]. - Huang Yixin, Chairman of Nanjing Steel, expressed confidence in Tiangong's future, pledging support for its technological innovation and global expansion efforts [9].
今年发行价最低新股天工股份登陆北交所,首日高开逾4.5倍
Xin Jing Bao· 2025-05-13 03:27
Core Viewpoint - Jiangsu Tiangong Technology Co., Ltd. (Tiangong Co.) has become the first company to list on the Beijing Stock Exchange (BSE) as a "H-share A-share" company and has the lowest issuance price of new shares this year, with a significant opening price increase of 458.63% on its first trading day [1][2]. Group 1: Company Overview - Tiangong Co. specializes in the research, production, and sales of titanium and titanium alloy materials, utilizing sponge titanium and other metal elements through various processing techniques to create high-performance products [5]. - The company raised funds primarily for the construction of a production line with an annual capacity of 3,000 tons of high-end titanium and titanium alloy rods and wires to meet market demands in consumer electronics, aerospace, and medical devices [5]. Group 2: Financial Performance - In 2023, Tiangong Co. achieved a revenue of 1.035 billion yuan, a year-on-year increase of 170.05%, and a net profit attributable to shareholders of 170 million yuan, up 142.57% [5]. - However, in 2024, the company experienced revenue fluctuations, reporting 801 million yuan, a year-on-year decrease of 22.59%, while the net profit attributable to shareholders was 172 million yuan, a slight increase of 1.57% [5]. - For the first quarter of 2025, Tiangong Co. reported an unaudited revenue of 192 million yuan, a year-on-year increase of 4.35% [5]. Group 3: Market Context and Strategic Placement - The issuance price of Tiangong Co. was 3.94 yuan per share, with a price-to-earnings ratio of 14.98, marking it as the lowest issuance price for new shares this year [2]. - The public offering attracted 425,400 participants, with 117,500 ultimately receiving allocations, resulting in a total allocation of 51 million shares and an investment amount of 201 million yuan [2]. - The strategic placement involved 12 investors, with a lock-up period exceeding the minimum requirement, indicating strong institutional confidence in the company's long-term prospects [2][3].
N天工今日上市 开盘上涨458.63%
Zheng Quan Shi Bao Wang· 2025-05-13 02:04
(文章来源:证券时报网) 公司主营业务为钛及钛合金材料的研发、生产与销售。公司上市申请获北交所受理日期为2023年12月29 日,从受理到今日上市,累计用了501天。 | 920060 | 万源通 | 2024.11.19 | 11.16 | 0.09 | 40.00 | 258.42 | | --- | --- | --- | --- | --- | --- | --- | | 9201 1 1 | 聚星科 | 2024.11.1 1 | 6.25 | 0.07 | 28.00 | 348.00 | | | 技 | | | | | | | 920066 | 科拜尔 | 2024.10.31 | 13.31 | 0.05 | 45.66 | 243.05 | | 920088 | 科力股 | 2024.10.29 | 7.32 | 0.06 | 45.00 | 514.75 | | | 份 | | | | | | | 920019 | 铜冠矿 建 | 2024.10.1 1 | 4.33 | 0.1 1 | 33.36 | 670.44 | | | 瑞华技 | | | | | | | 920099 | 术 | ...
苹果供应链“小伙伴”,钛合金材料“小巨人”今日上市 | 打新早知道
2 1 Shi Ji Jing Ji Bao Dao· 2025-05-12 23:08
Core Viewpoint - Tian Gong Co., Ltd. (920068.BJ) has been listed on the Beijing Stock Exchange, focusing on the research, production, and sales of titanium and titanium alloy materials, with applications in various industries including chemicals and consumer electronics [1][3]. Company Overview - Tian Gong Co., Ltd. is recognized as a national-level specialized and innovative "little giant" enterprise and a high-tech enterprise [1]. - The company has a current annual production capacity of 7,000 tons of titanium materials, covering major product categories such as plates, pipes, and wires [4]. Financial Information - The initial offering price was set at 3.94 yuan per share, with a projected market capitalization in the billions [3]. - The company has a historical net profit of 12.0 billion yuan in 2021, with significant growth rates projected for 2022 and 2023 [3]. - The company plans to invest 400 million yuan, representing 100% of the raised funds, into the construction of a production line for high-end titanium and titanium alloy rods and wires [3]. Business Partnerships - Tian Gong has established a deep collaboration with Changzhou Soloman, a supplier in Apple's supply chain, which has become the company's largest customer since November 2022 [4]. - Sales to Changzhou Soloman and its affiliates are expected to reach 575 million yuan in 2024, a fivefold increase compared to 2022, with revenue contribution rising from 27.88% to 71.72% [4]. Research and Development - The company is actively developing products for aerospace and medical applications, with ongoing projects including titanium and titanium alloy fasteners for commercial aerospace and high-precision medical implants [4]. - As of December 31, 2024, the company holds 51 patents, including 14 invention patents [4].
天工股份朱泽峰:以科技创新“锻造”高品质钛材料
Shang Hai Zheng Quan Bao· 2025-05-12 18:51
Group 1 - Jiangsu Tiangong Technology Co., Ltd. (Tiangong Co.) has become the first new company listed on the Beijing Stock Exchange in 2025 and the first "H-share A-share" company to list on the exchange [1] - Tiangong Co. focuses on the research, production, and sales of titanium and titanium alloy materials, which are considered strategic materials for both national defense and civilian technology development [1][2] - The company plans to raise funds to build a production line with an annual capacity of 3,000 tons of high-end titanium and titanium alloy rods and wires, increasing its total capacity from 7,000 tons to 10,000 tons [4] Group 2 - The titanium industry is experiencing a shift from rough processing to precision and deep processing, with significant applications in consumer electronics, 3D printing, and other fields [2][3] - In 2023, China's titanium processing material consumption reached 148,400 tons, with over 70% used in the chemical, salt, and aerospace sectors; the consumer electronics sector saw a growth rate of 43.76% year-on-year [3] - Tiangong Co. has developed over 10 types of titanium materials and has gained recognition from globally renowned manufacturers in the consumer electronics sector [3] Group 3 - Tiangong Co. aims to enhance its research and development capabilities and diversify its titanium product offerings to meet market demands [5] - The company emphasizes the importance of technological innovation to strengthen its competitive edge and contribute to the advancement of high-end manufacturing [5] - In 2024, Tiangong Co. plans to invest 34.41 million yuan in R&D, accounting for 4.29% of its total revenue, reflecting its commitment to developing new production capabilities [5]