Core Viewpoint - Jiangtian Technology (920121) debuted on the Beijing Stock Exchange on December 25, with a significant opening increase of 187.6%, starting at 61 CNY per share, resulting in a total market capitalization of 4.03 billion CNY [1] Company Overview - Jiangtian Technology specializes in the research, production, and sales of label printing products, aiming to provide customers with integrated solutions that include material selection, color and ink scheme customization, process design and optimization, as well as efficient and stable production supply [1] - The initial public offering (IPO) price of the company's stock was set at 21.21 CNY per share [1]

Core Viewpoint - Jiangtian Technology (920121) has been listed on the Beijing Stock Exchange, focusing on the research, production, and sales of label printing products, providing integrated solutions for customers in various consumer sectors [1][2]. Company Overview - Jiangtian Technology specializes in the development, production, and sales of label printing products, including film and paper-based self-adhesive labels, which are widely used in beverages, daily chemicals, food supplements, and petrochemical products [2]. - The company is controlled by Teng Qi and Huang Yanguo, who are a married couple, holding a combined voting power of 88.70% before the issuance and 70.96% after the issuance [2][3]. Shareholding Structure - Before the issuance, Teng Qi held 39,984,321 shares (75.65%), while Huang Yanguo held 4,667,657 shares (8.83%) [2]. - After the issuance, Teng Qi's shareholding decreased to 60.52%, and Huang Yanguo's to 7.06%, with additional shares held by Jiangyue Consulting [3]. Fundraising Details - The total amount raised by Jiangtian Technology is 280.2612 million yuan, with a net amount of 247.9050 million yuan after deducting issuance costs, which will be used for the construction of a comprehensive research and manufacturing base [3].

（文章来源：每日经济新闻） 每经AI快讯，12月25日，今日无新股申购，1只新股上市，为北交所的江天科技。江天科技专注于标签 印刷产品的研发、生产与销售。 ...

*免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 | 发行价格 | 21.21元 | | --- | --- | | 智签率 | 0.032465% 询价 | | 总市值 | 11.21亿 | | 发行市盈率 | 14.5 行】 | | 业务及亮点 | 1、核心业务是为中高端消费品品牌提供标签一体 | | | 膜类和纸张类不干胶标签,客户涵盖农夫山泉、F | | | 知名品牌,2024年前五大客户销售额占比58.099 | | | 2、公司在日化、食品饮料、防伪标签等细分领域 | | | 类标签市场占有率国内第2。 | ...

Core Viewpoint - Jiangtian Technology (920121.BJ) has successfully listed on the Beijing Stock Exchange, focusing on the research, production, and sales of label printing products, providing integrated solutions for customers in various consumer sectors [1][2]. Company Overview - Jiangtian Technology specializes in the development, production, and sales of label printing products, offering customized solutions for printing materials, color and ink selection, and process design [1]. - The company's main products include film and paper-based self-adhesive labels, widely used in beverages, daily chemicals, food supplements, and petrochemical products [1]. Financial Information - The initial offering price was set at 21.21 yuan per share, with an issuance price-to-earnings ratio of 48.66, compared to the industry average of 14.50 [2]. - The company has a strong market position, ranking 6th in the "Top 50 Brand Influence in China's Label Printing Industry" by the authoritative magazine "Label Technology" [5]. Market Position - Jiangtian Technology has established itself as a leading player in the consumer brand label sector, holding the 2nd market share in daily chemical labels in China and the 1st in Jiangsu province for 2021 and 2022 [5]. - The company ranks in the top 4 for beverage labels in China and 1st in Jiangsu province for 2022 [5]. Technological Capabilities - The company emphasizes innovation in label printing technology, having developed core technologies such as combination printing, color management, and waste-reduction layout processes [5]. - Jiangtian Technology holds 124 patents, including 14 invention patents and 8 software copyrights, showcasing its strong technological foundation [5]. Customer Base - The company has built a robust customer base, supplying labels to well-known brands such as Unilever, Procter & Gamble, Shell, and Nongfu Spring, thanks to its high-quality products and efficient service [6]. - Jiangtian Technology competes with leading companies like CCL and Zhengmei Group, indicating its capability to operate in a competitive market [6]. Industry Dynamics - The label printing industry is characterized by low concentration and intense competition, with significant growth potential in the consumer market [6]. - Major competitors are increasing their investments in the Chinese market, which may pose challenges for domestic companies [6].