Core Insights - ChaoYing Electronics successfully listed on the Shanghai Stock Exchange on October 24, 2023, focusing on the R&D, production, and sales of printed circuit boards (PCBs) [1] - The company ranks 23rd among comprehensive PCB enterprises in China and is recognized as one of the top ten automotive electronics PCB suppliers globally [1] - ChaoYing Electronics emphasizes talent development and innovation in product applications, holding 14 invention patents and 85 utility model patents as of the end of 2024 [1] Company Achievements - The company has received numerous accolades, including "Invisible Champion Cultivation Enterprise" in Hubei Province and "Green Supply Chain Management Enterprise" from the Ministry of Industry and Information Technology [2] - ChaoYing Electronics has established stable partnerships with renowned clients in various sectors, including automotive, display, storage, consumer electronics, and communications [3] Market Position and Strategy - The company maintains long-term relationships with major automotive electronics clients such as Continental, Valeo, Bosch, and Tesla, ensuring high reliability and stability in its products [3] - ChaoYing Electronics aims to become a benchmark enterprise in the global electronic circuit industry by focusing on product orientation, customer-centricity, and innovation-driven development [3] - Future plans include enhancing production capabilities in high-end products and implementing automation, digitalization, and intelligent processes to meet customer demands effectively [3]

N超颖今日上市，开盘价70.10元，上涨310.42%。 公司主营业务为印制电路板的研发、生产和销售。 证券时报·数据宝统计显示，公司本次发行总量为5250.00万股，其中，网上发行量为3079.00万股，发行 价格为17.08元/股，发行市盈率28.64倍，行业平均市盈率60.52倍，网上发行有效申购户数为1331.06万 户，网上发行最终中签率为0.028609%。公司首发募集资金8.97亿元，募集资金主要投向超颖电子电路 股份有限公司补充流动资金及偿还银行贷款、超颖电子电路股份有限公司高多层及HDI项目第二阶段 等。（数据宝） 近期上市新股首日表现 | 代码 | 简称 | 上市日期 | 发行价（元） | 发行市盈率（倍） | 首日开盘涨跌幅（%） | 所属行业 | | --- | --- | --- | --- | --- | --- | --- | | 603175 | N超颖 | 2025.10.24 | 17.08 | 28.64 | 310.42 | 电子 | | 001386 | C马可波 | 2025.10.22 | 13.75 | 14.27 | 140.73 | 轻工制造 | | 601 ...

本次发行前，公司直接控股股东为Dynamic Holding，直接持有公司97.85%的股份，Dynamic Holding系WINTEK（MAURITIUS）全资子公司，WINTEK（MAURITIUS）系定颖电子全资子公司， 定颖电子系定颖投控全资子公司，因此定颖投控系公司间接控股股东。 定颖投控为中国台湾上市公司，截至2025年3月24日，定颖投控第一大股东为黄铭宏，黄铭宏及其 一致行动人合计持有定颖投控9.02%的股份；定颖投控前十大股东合计持股比例为14.70%，持股比例分 散，无单一股东对定颖投控实施实质性控制，因此定颖投控无实际控制人，公司无实际控制人。 超颖电子本次发行募集资金总额89,670.00万元，扣除发行费用后的募集资金净额为80,316.22万元， 用于超颖电子电路股份有限公司高多层及HDI项目第二阶段、超颖电子电路股份有限公司补充流动资金 及偿还银行贷款。 （责任编辑：关婧） 中国经济网北京10月24日讯 今日，超颖电子(603175)在上交所上市。 上交所：超颖电子(603175) 超颖电子主营业务是印制电路板的研发、生产和销售，公司产品广泛应用于汽车电子、显示、储 存、消费电子 ...

Market Performance - On October 23, 2025, the A-share market saw all three major indices close higher, with the Shanghai Composite Index at 3922.41 points, up 0.22%, and the Shenzhen Component Index at 13025.45 points, also up 0.22%. The ChiNext Index rose 0.09% to 3062.16 points. Over 2900 stocks increased in value, with a total trading volume of 1.64 trillion yuan, down 239 billion yuan from the previous trading day [1] - The Hong Kong stock market rebounded, with the Hang Seng Index rising 0.72% to 25967.98 points, and a total trading volume of 245.256 billion HKD. The Hang Seng China Enterprises Index increased by 0.83% to 9300.74 points, while the Hang Seng Tech Index rose 0.48% to 5951.45 points [1] - In the U.S. stock market, driven by strong technology stocks, all three major indices closed higher. The Dow Jones Industrial Average rose 0.31% to 46,734.61 points, the S&P 500 increased by 0.58% to 6,738.44 points, and the Nasdaq Composite gained 0.89% to 22,941.80 points. The S&P 500 fully recovered the previous day's decline of approximately 0.5% [1] New Stock Listings - A new stock, Chao Ying Electronics (stock code 603175), was listed with an issuance price of 17.08 yuan per share and a price-to-earnings ratio of 28.64. The company specializes in automotive electronic PCBs and is one of the few in China capable of mass production of multi-layer HDI and arbitrary layer interconnected HDI automotive electronic boards. Its products are widely used in automotive electronics, displays, storage, consumer electronics, and communications [3] - Another new stock, Da Ming Electronics (stock code 603376), is set for subscription with an issuance price of 12.55 yuan per share and a price-to-earnings ratio of 17.97. The company focuses on automotive electronic components and provides comprehensive solutions for the design, development, production, and sales of automotive body electronic control systems. Its main products include driver assistance systems, cockpit central control systems, smart optoelectronic systems, window control systems, and seat adjustment systems [4] Policy and Economic Goals - The Fourth Plenary Session of the 20th Central Committee of the Communist Party of China emphasized the need to boost consumption and expand effective investment, aiming to eliminate obstacles to the construction of a unified national market. The focus is on enhancing domestic circulation and promoting a positive interaction between supply and demand [5] - The session also outlined the main goals for the 14th Five-Year Plan period, including significant achievements in high-quality development, substantial improvements in self-reliance in technology, breakthroughs in deepening reforms, and enhanced social civilization. By 2035, the aim is to significantly elevate China's economic, technological, defense, and comprehensive national strength, with a target for per capita GDP to reach the level of moderately developed countries [5]

Core Viewpoint - The news discusses the IPO details of two companies, Daming Electronics and Chaoying Electronics, highlighting their financial metrics, business focus, and market positioning. Group 1: Daming Electronics - The IPO code is 732376 with an issue price of 12.55 yuan and a total market value of 58.58 billion yuan [2] - The company has an issuance price-to-earnings ratio of 17.97, with a primary business focus on automotive components, accounting for 99.70% of its revenue [2][3] - Daming Electronics specializes in automotive body electronic control system design and has established long-term stable partnerships with major automotive groups [3] - The company has shown significant revenue growth over the past three years, with projected revenues of 27.27 billion yuan in 2024 (+26.99%), 21.47 billion yuan in 2023 (+25.32%), and 17.13 billion yuan in 2022 (+15.59%) [3] Group 2: Chaoying Electronics - The IPO price for Chaoying Electronics is 17.08 yuan, with a total market value of 74.64 billion yuan and an issuance price-to-earnings ratio of 28.64 [5] - The company is a major global supplier of automotive electronic PCBs, with a diverse product matrix covering various vehicle components [6] - Chaoying Electronics has established partnerships with leading Tier 1 automotive suppliers such as Bosch and Aptiv, and has set up a production base in Thailand to enhance its manufacturing capabilities [6]

超颖电子公告称，公司发行的人民币普通股股票将于2025年10月24日在上海证券交易所主板上市，股票 简称"超颖电子"，代码603175。首次公开发行后的总股本为43,702.9321万股，发行股票数量为5,250万 股，全部为公开发行新股。公司提醒投资者注意上市初期风险，如涨跌幅限制放开、流通股数量少、市 盈率与行业平均水平差异及融资融券带来的风险等。本次上市无限售流通股为4,399.9308万股，占发行 后总股本约10.07%。 ...

格隆汇10月15日丨超颖电子(603175.SH)公布，根据《超颖电子电路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为8,541.55倍，超过100 倍，发行人和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，将扣除最终战略配售部 分后本次公开发行股票数量的40%（向上取整至500股的整数倍，即1,819.0000万股）从网下回拨到网 上。回拨机制启动后，网下最终发行数量为1,468.4240万股，约占扣除战略配售数量后发行数量的 32.29%，网上最终发行数量为3,079.0000万股，约占扣除战略配售数量后发行数量的67.71%。回拨机制 启动后，网上发行最终中签率为0.02860900%。 ...

Group 1: Company Overview - Taika Ying is the first company in the tire segment of the mining and construction industry to be listed on the Beijing Stock Exchange, recognized as the "first tire stock of the Beijing Stock Exchange" [2] - The company specializes in engineering radial tires and all-steel truck tires, holding a leading position in the engineering radial tire sector, ranking 3rd among Chinese brands and 8th globally in 2023 [3] - Taika Ying has established partnerships with major global and domestic construction machinery manufacturers, including SANY Group, XCMG, Liebherr, and JCB, among others [3] Group 2: Financial Performance - In 2024, Chaoying Electronics reported a main business revenue of 3.945 billion yuan, ranking 41st among global PCB manufacturers with a market share of 0.75% [5] - The company ranks 23rd among comprehensive PCB companies in China, with a market share of 1.41% in mainland China [5] - Chaoying Electronics is recognized as one of the top ten automotive electronic PCB suppliers globally and among the top five in China [5] Group 3: Market Position and Risks - Taika Ying's market share in the domestic engineering radial tire supporting market ranks 3rd among all tire brands, with the highest market share in the domestic market for large-tonnage crane tires [3] - Chaoying Electronics has a stable collaboration with Tier 1 automotive suppliers and well-known electric vehicle manufacturers like Tesla [4] - Both companies face risks related to their operational models, with Taika Ying relying on an outsourcing production model and Chaoying Electronics being sensitive to macroeconomic fluctuations and downstream market demand [4][5]

Core Viewpoint - Chaoying Electronics plans to go public on the Shanghai Stock Exchange, aiming to raise 660 million yuan through the issuance of up to 67.8581 million shares [1] Group 1: Company Overview - Chaoying Electronics specializes in the research, production, and sales of printed circuit boards [3] - The company is controlled by Dynamic Electronics Holding Pte. Ltd., which holds a 97.85% stake [1] Group 2: Financial Information - The funds raised will be allocated as follows: 26 million yuan for working capital and bank loan repayment, and 40 million yuan for the second phase of the high-layer and HDI project [1] - In 2024, the company had 5,581 employees, with 4.32% in sales, 70.81% in production, and 10.91% in research and development [2] - The revenue per employee was 738,900 yuan, and profit per employee was 49,500 yuan in 2024 [3]

Core Viewpoint - The news discusses the IPOs of two companies, Daming Electronics and Chaoying Electronics, highlighting their business models, financial metrics, and market positions in the automotive and electronics sectors. Group 1: Daming Electronics - Daming Electronics specializes in automotive body electronic control systems, having evolved from a radio factory established in 1989 [2] - The company is set to issue shares at a price of 12.55 yuan per share, with a market capitalization of 4.518 billion yuan and a P/E ratio of 17.97, compared to the industry average of 30.42 [3] - Daming Electronics has established long-term partnerships with major automotive groups such as Changan Automobile, SAIC Group, and BYD, and is expanding its presence in the new energy vehicle sector [4] - The company forecasts a market share of over 10% for key products in the domestic market by mid-2025 [4] - The gross profit margin is projected to fluctuate between 20.91% and 18.13% from 2022 to mid-2025 due to various cost pressures and pricing strategies in the automotive parts industry [5] Group 2: Chaoying Electronics - Chaoying Electronics focuses on the research, production, and sales of printed circuit boards (PCBs), holding core proprietary intellectual property and recognized as a national high-tech enterprise [6] - The company plans to issue shares at a price of 17.08 yuan per share, with a market capitalization of 7.464 billion yuan and a P/E ratio of 28.64, significantly lower than the industry average of 60.52 [7] - Chaoying Electronics ranks 41st globally in PCB production with a market share of 0.75%, and is among the top five automotive PCB suppliers in China [8] - The company has established stable partnerships with major automotive suppliers and manufacturers, including Tesla and Bosch [8]