格隆汇2月25日丨林平发展(603284.SH)跌1.4%，报50.160元，股价创历史新低，总市值37.83亿元。 ...

林平发展本次募集资金总额71,417.82万元，扣除发行费用（不含增值税）后募集资金净额为62,409.33万 元，比原计划少57,590.67万元。林平发展于2026年2月5日披露的招股说明书显示，该公司拟募集资金 120,000.00万元，用于年产90万吨绿色环保智能制造新材料项目（二期）、年产60万吨生物基纤维绿色 智能制造新材料项目。 林平发展本次公开发行新股的发行费用总额为9,008.49万元（不含增值税），其中保荐及承销费用 5,713.43万元。 中国经济网北京2月24日讯 林平发展(603284.SH)今日收报50.87元，跌幅7.61%。今日系林平发展上市第 5个交易日，该股盘中最低价报50.80元，为上市以来最低价。 林平发展于2月10日在上交所主板上市，发行数量为1,885.3700万股，发行价格为37.88元/股，保荐机构 为国联民生（601456）证券承销保荐有限公司，保荐代表人为李凯、黄庆。 ...

Market Overview - The new stock sector is expected to remain structurally active despite slight disturbances in short-term sentiment, with a focus on AI applications and other emerging themes[1] - The average increase of new stocks listed since 2025 is approximately -0.8%, with about 35.4% of new stocks achieving positive returns[1][29] Recent Performance - In the last trading week, the average first-day increase for newly listed stocks was around 237%, compared to 145% in the previous week, indicating a rise in trading enthusiasm[4][26] - The average first-day trading volume for newly listed stocks was 75.7%, with a notable structural difference in performance among various sectors[26] Upcoming Listings - Two new stocks are set to be listed this week, both from the North Exchange, with an average issuance price-earnings ratio of 14.4X[34] - The upcoming stocks include Tongbao Optoelectronics and Tongling Technology, both in the automotive sector, with expected earnings growth rates of 69.65% and 72.95% respectively[39][37] Investment Recommendations - Focus on technology sectors such as AI, robotics, and commercial aerospace, which have significant long-term growth potential and event-driven catalysts[2] - Consider rotating investments in sectors like innovative pharmaceuticals, new consumption, and new energy, which have shown recent performance stabilization[2] Risk Factors - Potential changes in historical volatility patterns of new stocks, data inaccuracies, systemic risk impacts, and sudden market sentiment shifts pose risks to investors[10]

Core Viewpoint - Anhui Linping Circular Development Co., Ltd. has officially listed on the Shanghai Stock Exchange, marking a significant milestone for the company in the packaging paper industry [2][4]. Group 1: Company Overview - Established in 2002, Linping Development specializes in the research, production, and sales of corrugated paper and boxboard, with products widely used in logistics and packaging [2][4]. - The company has gained recognition in the circular paper industry, with its "Linping" trademark awarded as a famous Chinese trademark and its high-grade A-level coated corrugated paper recognized as an Anhui famous brand product [4]. Group 2: Production Capacity and Financial Performance - In 2024, Linping Development's total paper output is projected to reach 1.0197 million tons, placing it among the top 30 paper enterprises in China [4]. - The company's revenue for 2022, 2023, and 2024 is reported as 2.879 billion yuan, 2.800 billion yuan, and 2.485 billion yuan, respectively, with net profits of 154 million yuan, 212 million yuan, and 153 million yuan [4]. - Following a period of low-price competition, the company anticipates a return to strong growth in 2025, with expected revenue between 2.640 billion yuan and 2.780 billion yuan, representing a year-on-year growth of 6.23% to 11.87% [4]. Group 3: Future Projects and Investment - The IPO proceeds will be allocated to two major projects: a 900,000-ton green and intelligent manufacturing new materials project (Phase II) and a 600,000-ton bio-based fiber green intelligent manufacturing new materials project [5]. - Upon completion, these projects will enable the production of 300,000 tons of corrugated paper and boxboard annually, significantly enhancing the company's production capacity and addressing current capacity bottlenecks [7].

（记者 张明双） C林平（603284.SH）2月12日在投资者互动平台表示，公司通过热电联产模式，将废纸处理过程中产生 的沼气及余热转化为电能与热能，旨在推进节能降耗、实现能源梯级利用，目前热电联产项目所发电量 主要为自用。 每经AI快讯，有投资者在投资者互动平台提问：公司热电联产年产发电量多少？ ...

安徽林平循环发展股份有限公司 关于签订募集资金专户存储三方监管协议 的公告 证券代码：603284 证券简称：林平发展 公告编号：2026-001 根据中国证券监督管理委员会 2025 年 12 月 30 日核发的《关于同意安徽林 平循环发展股份有限公司首次公开发行股票注册的批复》（证监许可〔2025〕3019 号文），公司向社会公众首次公开发行人民币普通股（A 股）1,885.3700 万股， 并于 2026 年 2 月 10 日在上海证券交易所上市（以下简称"本次发行"）。本次发 行的发行价格为 37.88 元/股，本次发行募集资金总额 71,417.82 万元，扣除发行 费用（不含增值税）9,008.49 万元后，募集资金净额为 62,409.33 万元。截至 2026 年 2 月 5 日止，公司收到国联民生承销保荐转入的股东认缴股款扣除保荐费及承 销费（不含增值税）后汇入的募集资金人民币 65,904.39 万元（含公司前期使用 自有资金支付的以及尚未支付的的审计及验资费用、律师费用和用于本次发行的 信息披露费用等其他发行费用）。立信会计师事务所（特殊普通合伙）对公司本 次公开发行新股的资金到位情况进 ...

Group 1 - Linping Development (603284.SH) closed at 53.66 yuan, with a decline of 8.94% on February 11 [1] - The company was listed on the Shanghai Stock Exchange on February 10, issuing 18.8537 million shares at a price of 37.88 yuan per share [1] - The total funds raised amounted to 714.1782 million yuan, with a net amount of 624.0933 million yuan after deducting issuance costs, which is 575.9067 million yuan less than the original plan [1] Group 2 - The company plans to use the raised funds for two projects: a green environmental intelligent manufacturing new materials project with an annual production capacity of 900,000 tons (Phase II) and a bio-based fiber green intelligent manufacturing new materials project with an annual production capacity of 600,000 tons [1] - The total issuance costs for the public offering were 90.0849 million yuan (excluding VAT), with underwriting and sponsorship fees amounting to 57.1343 million yuan [1]

Core Viewpoint - Anhui Linping Circular Development Co., Ltd. successfully listed on the Shanghai Stock Exchange, raising approximately 714 million yuan with a net amount of about 624 million yuan, which is significantly lower than the planned fundraising of 1.2 billion yuan [1][5]. Group 1: Company Overview - Linping Development was established in January 2002, originally as Anhui Xiaoxian Linping Paper Industry Co., Ltd., and is located in Suzhou, Anhui Province [8]. - The company focuses on the research, production, and sales of packaging corrugated paper and box board products, and has developed into a resource comprehensive utilization enterprise integrating waste paper utilization, cogeneration, and green papermaking [5][8]. Group 2: Financial Performance - The company's revenue for the years 2022, 2023, 2024, and the first half of 2025 were approximately 2.879 billion yuan, 2.800 billion yuan, 2.485 billion yuan, and 1.224 billion yuan respectively, with net profits of about 154 million yuan, 212 million yuan, 153 million yuan, and 91.42 million yuan [6]. - For 2025, Linping Development expects revenue between 2.640 billion yuan and 2.780 billion yuan, representing a year-on-year growth of 6.23% to 11.87%, and a net profit of approximately 180 million yuan to 200 million yuan, indicating a growth of 17.76% to 30.84% [6]. Group 3: IPO Details - The IPO price was set at 37.88 yuan per share, with an opening price on the first day of trading at 63.11 yuan, reflecting a 66.61% increase from the IPO price, and closing at 58.93 yuan, a 55.57% increase [3][5]. - The total market capitalization of Linping Development at the end of the first trading day was approximately 4.444 billion yuan [3]. Group 4: Project Investments - The company plans to use the raised funds for two major projects: a green environmental intelligent manufacturing new materials project with an annual production capacity of 900,000 tons and a biobased fiber green intelligent manufacturing new materials project with an annual capacity of 600,000 tons [4][5]. - The total investment for these projects is approximately 2.057 billion yuan, with 1.2 billion yuan intended to be raised through the IPO [4]. Group 5: Ownership Structure - The actual controller of Linping Development, Li Jianshe, directly holds 84.86% of the shares and indirectly controls an additional 3.54% through Hao Teng Investment, totaling 88.40% of the voting rights [10]. - Li Jianshe serves as the chairman and general manager of the company [10].

Group 1 - Linping Development experienced a significant stock price increase of 55.57% on February 10, with a trading volume of 892 million yuan [1] - The company recorded a financing buy-in amount of 37.33 million yuan and a net financing buy-in of 35.97 million yuan on the same day, with a total financing balance of 35.97 million yuan, representing 3.30% of its market capitalization [1] - Linping Development's main business involves the research, production, and sales of corrugated paper and boxboard products, and it has developed into a resource comprehensive utilization enterprise focusing on waste paper recycling and green paper-making [1] Group 2 - As of February 10, the number of shareholders for Linping Development reached 37,500, reflecting a dramatic increase of 1,249,933.33% compared to the previous period [2] - For the period from January to September 2025, Linping Development reported a revenue of 1.928 billion yuan, marking a year-on-year growth of 2.79%, while the net profit attributable to shareholders decreased by 11.86% to 110 million yuan [2]

Core Viewpoint - Linping Development has successfully listed on the Shanghai Stock Exchange, marking a significant milestone as the first listed company in Anhui Province in 2026, with a strong opening performance and a commitment to sustainable development and innovation in the packaging paper industry [1][5]. Company Overview - Linping Development specializes in the research, production, and sales of corrugated paper and boxboard products, recognized as a high-tech enterprise with independent research and innovation capabilities [1][5]. - The company has evolved into a resource comprehensive utilization enterprise, integrating waste paper recycling, cogeneration, and green paper-making [1][5]. - Linping Development has received multiple prestigious recognitions, including being named a national-level "specialized, refined, and innovative" small giant enterprise and a national-level "green factory" [1][5]. Financial Performance - The company reported revenues of 2.879 billion yuan, 2.800 billion yuan, and 2.485 billion yuan for the years 2022, 2023, and 2024, respectively, with net profits of 154 million yuan, 212 million yuan, and 153 million yuan during the same period [4][8]. - The comprehensive gross margin improved from 7.67% in 2022 to 10.32% in the first half of 2025, indicating a positive trend in profitability [4][8]. Production Capacity and Expansion Plans - Linping Development currently operates five production lines with a total raw paper capacity of 1.15 million tons, and plans to expand its production capacity significantly through new investments [3][7]. - The company aims to introduce advanced production lines to increase the production scale of low-weight, high-strength boxboard, adding 900,000 tons of boxboard capacity and 300,000 tons of corrugated paper capacity, bringing total raw paper capacity to 2.35 million tons [3][7]. Industry Trends - The domestic consumption of boxboard and corrugated paper is expected to grow at a compound annual growth rate of approximately 4.8% from 2015 to 2024, with a shift towards high-end, high-tech, and high-value-added products [4][8]. - The company plans to focus on the research and production of low-weight, high-strength raw paper to align with industry trends and enhance its core competitiveness in the packaging paper sector [4][8].