格隆汇1月27日丨振石股份(601112.SH)公布，公司股票将于2026年1月29日在上海证券交易所主板上 市。 ...

根据《浙江振石新材料股份有限公司首次公开发行股票并在主板上市发行公告》公布的回拨机制，由于 本次网上发行初步有效申购倍数约为4,784.93倍，超过100倍，发行人和保荐人(主承销商)决定启动回拨 机制，对网下、网上发行的规模进行调节，将本次公开发行股票数量的40%(向上取整至500股的整数 倍，即7,309.5500万股)股票由网下回拨至网上。本款所指的公开发行股票数量按照扣除战略配售股票数 量及网下限售股票数量后的网下、网上发行总量计算。 一、网上申购情况及网上初步中签率 根据上交所提供的数据，本次网上发行有效申购户数为14,430,698户，有效申购股数为262,317,046,500 股，网上发行初步中签率为0.02089895%。配号总数为524,634,093个，号码范围为100,000,000,000- 100,524,634,092。 二、回拨机制实施、发行结构及网上发行最终中签率 回拨机制启动后，网下最终发行数量为5,482.1500万股，约占扣除最终战略配售部分后本次发行数量的 30.00%，网上最终发行数量为12,791.7000万股，约占扣除最终战略配售部分后本次发行数量的 70.00 ...

1月29日，有一只新股上市，为沪市的振石股份（601112.SH）。该公司是一家主要从事清洁能源领域纤 维增强材料研发、生产及销售的国家级高新技术企业。 产品方面，振石股份在国内率先规模化生产了风电叶片主梁用高模玻纤拉挤型材和碳玻混合拉挤型材， 为产业进步和行业发展提供系列化解决方案，推动了风电叶片大型化、轻量化升级和海上风电叶片的发 展。在光伏发电应用领域，公司自主研发的光伏边框获得TV检测机构莱茵公司颁发的全球首张证书， 通过了莱茵公司2PfG2923标准认证，在耐老化测试、阻燃性能、力学性能等方面均表现优异。 | 发行价(元/股) | 机构报价(元/股) | 市值(亿元) | 所属行业 | | --- | --- | --- | --- | | 11.18 | 11.87 | 194.60 | 玻璃纤维及制品 制造 | | 发行市盈率 | 行业市盈率 | 可比公司 | 可比公司动态市盈率 | | 32.59 | 33.72 | 中材科技 | 40.86 | | | | 国际复材 | 411.79 | | | | 常友科技 | 54.97 | | 玻璃纤维制品生产基地建设项目 | 17.00 | 42.7 ...

今日 振石股份(601112.SH)上市，无新股申购。 ...

Core Viewpoint - The successful grid connection of the world's first 16 MW offshore wind turbine by China Three Gorges Corporation marks a new phase in the large-scale wind power development in China, with Zhejiang Zhenstone New Materials Co., Ltd. playing a crucial role in this advancement through its innovative materials [1] Group 1: Technological Breakthroughs - Zhenstone has focused on the research, production, and sales of fiber-reinforced materials for over 20 years, with over 80% of its revenue coming from clean energy functional materials [2] - The company has achieved two key technological breakthroughs: the development of ultra-high modulus woven glass fiber fabric and high-precision fabric weight control technology, significantly enhancing material strength while reducing weight [3] Group 2: Market Position and Performance - Zhenstone's products cover the entire range of wind turbines from onshore 5 MW to offshore 16 MW, leading the global trend of wind turbine large-scale development [3] - The company is projected to capture over 35% of the global market share for wind power glass fiber fabrics in 2024, with expected revenues of 4.439 billion yuan and a net profit of 606 million yuan [4] Group 3: Domestic and International Market Dynamics - The domestic wind power market is driven by policy support and demand upgrades, with a significant increase in installed capacity expected in 2025 [5] - The European offshore wind market is anticipated to grow substantially, creating opportunities for Chinese manufacturers like Zhenstone to expand internationally [6] Group 4: Global Expansion Strategy - Zhenstone has established a dual-market strategy, focusing on solidifying its domestic leadership while accelerating overseas expansion, particularly in Europe [5][6] - The company has built strong relationships with major global clients, including Vestas and Siemens Gamesa, enhancing its competitive position [6] Group 5: Future Growth and Investment - The company plans to raise approximately 2.919 billion yuan through its upcoming IPO to fund various projects, including production bases and R&D centers [10] - Investments will focus on expanding production capacity for high-modulus glass fiber and composite materials, as well as establishing a foothold in the European market [11] Group 6: Diversification and New Business Opportunities - Zhenstone is expanding into the photovoltaic and electric vehicle sectors, with products that meet the growing demands for lightweight and high-performance materials [12] - The company aims to leverage its technological capabilities to explore new growth avenues, ensuring sustainable development in the clean energy sector [13]

2023年，全球首台16兆瓦超大容量海上风电机组在三峡集团福建海上风电场成功并网发电，标志着中国风 电大型化进程迈入新阶段。作为风力资源的核心采集部件，该机组单支叶片长度达123米、重量54吨，其性 能要求远超传统材料的承载极限。支撑这一突破的关键技术，源自 浙江振石新材料股份有限公司 （股票代 码：601112，简称：振石股份）。公司自主研发的超高模织物和碳玻拉挤板，在超长叶片所需的强度与轻量 化之间实现了极致平衡，成为推动行业降本增效的关键力量。目前，振石股份已进入发行阶段，即将于1月 29日登陆上交所主板。 一、技术破局：攻克行业痛点，稳居全球龙头地位 振石股份成立于2000年，二十余年来始终深耕 清洁能源领域纤维增强材料 的研发、生产与销售。所谓纤维 增强材料，一般指在树脂基体中添加玻璃纤维或碳纤维，使材料兼具高强度、轻量化与强韧性，是复合材 料中的核心品类， 公司主要产品分为清 洁能源功能材料 和 其他纤维增强材料 。其中清洁能源功能材料涵盖风电叶片材料、 光伏材料等，占总营收超80%，广泛应用于风电叶片承力结构、分布式光伏组件等关键场景。 风机大型化是风电行业降本增效的核心趋势。然而，传统材料长期 ...

Core Viewpoint - The article highlights the emergence of "invisible champions" in the clean energy materials sector, driven by China's dual carbon goals, which are reshaping the energy system and creating a trillion-level new energy installation market [1] Company Overview - Zhenhua Co., Ltd. (振石股份) is set to be listed on the Shanghai Stock Exchange on January 29, 2026, marking its recognition as a global leader in clean energy materials [3] - The company holds over 35% of the global market share in wind power fiberglass fabric, positioning itself as a "single champion" and a national high-tech enterprise [3][4] Market Dynamics - The global wind power market is projected to add 117 GW of new installations in 2024, with a compound annual growth rate (CAGR) of 13.39% from 2001 to 2024, and is expected to exceed 2118 GW by 2030 [4] - China is accelerating the construction of large wind power bases, particularly in desert and offshore areas, which is crucial for reducing the cost of wind power generation [4] Product and Technology Advantages - Zhenhua Co., Ltd. has developed advanced materials that enhance the performance of wind turbine blades, contributing to lower costs and improved reliability in clean energy [3][5] - The company has a strong focus on R&D, with over 3% of its revenue allocated to research, resulting in 32 invention patents and 210 utility model patents [7][8] Financial Performance - The company's revenue from 2022 to mid-2025 is projected to show a decline in 2023 but is expected to rebound significantly, with forecasts of 70 billion to 75 billion yuan in revenue for 2025, representing a growth of 57.70% to 68.96% [6] Strategic Expansion - Zhenhua Co., Ltd. aims to diversify its market presence beyond wind power into sectors such as new energy vehicles and photovoltaic materials, targeting a multi-billion market [11][12] - The company is expanding its production capacity through projects in Spain and other locations, which will enhance its ability to meet global demand and reduce costs [12][13]

Group 1 - The public offering for new shares continues to show a positive trend, with 101 public fund institutions collectively acquiring 35.2871 million shares, accounting for 56.78% of the total offline allocation [1] - The total amount allocated to these public funds reached 766 million yuan, representing 56.61% of the total offline allocation amount [1] - Among the new shares, Zhenstone Co., Ltd. had 94 public funds participating, acquiring approximately 30.6969 million shares for a total of 343 million yuan, which is 56.79% of the total offline allocation for this stock [1] Group 2 - A total of 89 public fund institutions acquired approximately 4.5902 million shares of Hengyun Chang, with an allocated amount of 423 million yuan, making up 56.48% of the total offline allocation for this stock [1]

Listing Overview - Zhejiang Zhenshi New Materials Co., Ltd. will list its common shares on the Shanghai Stock Exchange on January 29, 2026 [1] - The total share capital after the public offering will be 1,740.366367 million shares, with 261.055 million shares being offered [5] - The offering price is set at 11.18 yuan per share, resulting in a diluted price-to-earnings (P/E) ratio of 32.59, which is below the industry average of 33.72 [6][7] Market Conditions - The company operates in the non-metallic mineral products industry, which has an average static P/E ratio of 33.72 as of January 14, 2026 [6] - The average static P/E ratio for comparable companies in the same industry, after excluding outliers, is lower than the company's offering P/E [7] Share Liquidity - The initial public offering will have a limited number of circulating shares, with only 177.249906 million shares available for trading, representing 10.18% of the total share capital [3] - The lock-up period for original shareholders is 36 months, while strategic investors will have a 12-month lock-up, and 10% of the shares allocated to offline investors will be locked for 6 months [3] Trading Risks - The stock will not have a price fluctuation limit for the first five trading days, which may lead to significant price volatility [2] - The stock will be available for margin trading from the first day of listing, introducing additional market and liquidity risks [4]

股票简称：振石股份 股票代码：601112 浙江振石新材料股份有限公司 Zhejiang Zhenshi New Materials Co., Ltd. （浙江省嘉兴市桐乡市凤鸣街道文华南路 3060 号 1 幢 2 层 201 室（一照多址）） 首次公开发行股票主板上市公告书 保荐人（主承销商） （北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 二〇二六年一月二十八日 浙江振石新材料股份有限公司 上市公告书 特别提示 浙江振石新材料股份有限公司（以下简称"振石股份"、"本公司"、"发行人" 或"公司"）股票将于 2026 年 1 月 29 日在上海证券交易所主板上市。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新股上 市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 如无特别说明，本上市公告书中的简称或名词释义与本公司首次公开发行股票并 在主板上市招股说明书中的相同。本上市公告书中若出现总数与各分项数值之和尾数 不等的情况，均为四舍五入尾差所致。 1 | 特别提示 | 1 | | --- | --- | | 目录 | 2 | | 第一节 | 重要声明与提示 ...