Core Insights - A total of 192 financing events were disclosed in the week of June 16-22, 2025, involving 143 domestic companies and 49 foreign companies, with a total financing amount of approximately 232.776 billion RMB [2] - The medical health sector had the highest number of financing events, while the low-carbon sector had the highest financing amount [2] Domestic Consumption Sector - In the domestic consumption sector, there was 1 company listed, 3 companies acquired, and 17 companies received funding, totaling approximately 28.94 billion RMB [2] - Huazhi Jie, based in Jiangsu, is an electric tools and accessories supplier that went public [2] - Baizhicui, a medical skincare brand based in Shanghai, was acquired by Judydoll [2] - Yushun, a liquid crystal display research service provider based in Hunan, was acquired by Huanuo Xingkong [2] - Shanghai Sen Cai Trading, a bag trading service provider based in Shanghai, was acquired by Guangzhou Caige [2] - Hangzhou Beikang International completed a Pre-IPO financing of 575 million RMB, ranking in the top 5 for this year's Pre-IPO financing [2] - Zhou Li Fu Jewelry completed a Pre-IPO financing of 524 million RMB, ranking in the top 20 for this year's Pre-IPO financing [2] Domestic Financing Events - Several companies completed significant financing rounds, including: - Lingxin Qiaoshou, a smart platform developer based in Beijing, completed a multi-million RMB A round financing [3] - Zhidai Technology, a health food supplier based in Beijing, completed a multi-million RMB A round financing [3] - New Huo Zhan, a frozen food F2B supply chain service provider based in Beijing, completed a multi-million RMB A round financing [3] - Chasing Planets, a new education service platform based in Beijing, completed an A round financing [3] - Simaier, a chain milk tea brand based in Tianjin, completed a 30 million RMB angel round financing, ranking in the top 20 for this year's angel round financing [3] Foreign Consumption Sector - In the foreign consumption sector, there was 1 company acquired and 2 companies received funding, totaling approximately 9.328 billion RMB [4] - Livensa Living, a student housing service provider based in Spain, was acquired by a Canadian pension fund [5] - IFBH, a ready-to-drink beverage and food provider based in Thailand, completed a Pre-IPO financing of 39.5 million USD, ranking in the top 50 for this year's Pre-IPO financing [5] - Knowunity, a digital learning platform provider based in Germany, completed a B round financing of 220 million RMB, ranking in the top 50 for this year's B round financing [6]

Core Insights - A total of 22 financing events were disclosed on June 20, 2025, involving 15 domestic companies and 7 foreign companies, with a total financing amount of approximately 14.189 billion RMB [2] - The enterprise services sector had the highest number of financing events, while the smart technology sector had the highest financing amount [2] - In the consumer sector, there were 4 financing events involving 3 domestic companies and 1 foreign company, totaling approximately 760 million RMB [2] Domestic Consumer Sector - One company went public, and two companies received funding, with a total financing amount of approximately 507 million RMB [2] - Huazhi Jie went public; it is based in Jiangsu, China, and specializes in electric tools and accessories [2] - Huaren International Tourism Group completed 6.5 million RMB in angel round financing; it is based in Henan, China, and provides travel route services [2] - Flower is Flower (FLOURIS) completed seed round financing of several million RMB; it is based in Beijing, China, and operates a high-end flower brand [2] Foreign Consumer Sector - One foreign company received funding, with a total financing amount of approximately 253 million RMB [2]

Core Viewpoint - Suzhou Huazhijie Telecom Co., Ltd. is set to list its shares on the Shanghai Stock Exchange on June 20, 2025, with an initial offering price of 19.88 yuan per share, which corresponds to a diluted price-to-earnings ratio of 13.05 times, lower than the industry average of 34.45 times [4][5][10]. Group 1: Company Overview - The company specializes in the manufacturing of key components for lithium battery electric tools and consumer electronics, including smart switches, controllers, and brushless motors [6][14]. - The total share capital after the public offering will be 100 million shares, with 19,597,624 shares available for trading without restrictions [12][11]. - The company has established long-term stable relationships with major clients in the electric tool industry, which has seen rapid growth due to international division of labor [6][7]. Group 2: Financial Performance - The company's revenue for the past three years was 1,018.84 million yuan, 937.10 million yuan, and 1,230.02 million yuan, with a net profit showing an upward trend [8][10]. - The company’s main business revenue from overseas sales accounted for 60.53%, 59.67%, and 63.56% in the last three years, indicating a strong international market presence [8][9]. Group 3: Market Risks - The company faces risks from increased market competition, particularly as new entrants continue to emerge in the electric tool components sector [6][7]. - Changes in the international trade environment, including trade protectionism, could negatively impact the company's export performance [6][8]. - The company is heavily reliant on major clients, with significant revenue contributions from a few key customers, which poses a risk if these relationships are adversely affected [7][8]. Group 4: Stock Listing Details - The company’s stock will be listed under the name "Huazhijie" with the stock code "603400" [10][11]. - The initial public offering will consist of 25 million shares, all newly issued, with no existing shares being sold [12][10]. - The company has committed to a lock-up period for existing shareholders, with varying durations based on the type of shares held [12][13].

Core Viewpoint - Suzhou Huazhi Jie Electric Co., Ltd. (华之杰) successfully listed on the Shanghai Stock Exchange, with a closing price of 53.87 yuan, representing a 170.98% increase, and a total market capitalization of 5.387 billion yuan [1] Company Overview - Huazhi Jie is positioned in the smart control industry, focusing on lithium battery power management, smart control, and brushless motor drive technologies, providing solutions primarily for lithium battery power tools and consumer electronics [1] - The company’s main products include smart switches, smart controllers, brushless motors, and precision structural components, integrating R&D, production, and sales [1] Shareholding Structure - Before the issuance, Yingce Business held 29.45 million shares, accounting for 39.27% of the company, making it the controlling shareholder. Post-issuance, Yingce Business holds 29.45% of the shares, maintaining its status as the controlling shareholder [1][2] Fundraising and Financials - The total amount raised from the issuance was 497 million yuan, with a net amount of 444.1644 million yuan after deducting issuance costs, which was 41.9214 million yuan less than the original plan [4] - The company plans to use the funds for expanding production capacity for electric tool smart components and supplementing working capital [4][6] Financial Performance - The company’s revenue for 2022, 2023, and 2024 was 1.0188396 billion yuan, 937.1049 million yuan, and 1.2300158 billion yuan, respectively, with a notable increase of 31.26% in 2024 compared to 2023 [10] - Net profit for the same years was 100.7027 million yuan, 121.4600 million yuan, and 153.5013 million yuan, showing a growth of 26.38% in 2024 compared to 2023 [10] - In the first quarter of 2025, the company achieved a revenue of 336.5204 million yuan, a year-on-year increase of 30.05%, and a net profit of 44.3111 million yuan, up 17.63% year-on-year [11][12]

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 | | --- | --- | --- | --- | --- | --- | --- | | 301678 | N新恒汇 | 2025.06.20 | 12.80 | 17.76 | 290.63 | 电子 | | 603400 | N华之杰 | 2025.06.20 | 19.88 | 13.05 | 206.84 | 机械设备 | | 603382 | 海阳科技 | 2025.06.12 | 11.50 | 12.69 | 186.96 | 基础化工 | | 688775 | 影石创新 | 2025.06.11 | 47.27 | 20.04 | 285.02 | 电子 | | 920027 | 交大铁发 | 2025.06.10 | 8.81 | 12.94 | 284.79 | 机械设备 | | 301590 | 优优绿能 | 2025.06.05 | 89.60 | 15.37 | 67.42 | 电力设备 | | 603049 | 中策橡胶 | 2025.06. ...

两只新股首发上市，创业板N新恒汇高开290%，沪市主板N华之杰涨206%。 ...

Core Viewpoint - The article discusses the recent IPOs of three companies: Xintong Electronics, Huazhi Jie, and Xinhenghui, highlighting their business models, funding plans, and market positions. Group 1: Xintong Electronics - Xintong Electronics is a provider of industrial IoT smart terminals and system solutions, focusing on power and communication sectors, and has been recognized as a national-level "little giant" enterprise [2] - The company plans to raise funds for projects including a transmission line inspection and big data analysis platform (2.094 billion), maintenance base construction (0.527 billion), R&D center (0.528 billion), and working capital (1.600 billion) [4][5] - In 2024, the main revenue sources are projected to be from transmission line inspection systems (6.51 billion, 64.88%), substation auxiliary control systems (1.53 billion, 15.24%), and mobile smart terminals (1.02 billion, 10.17%) [5] - Xintong has established long-term partnerships with major clients like State Grid and Southern Power Grid, with nearly 50% of its revenue coming from State Grid in 2024 [5] Group 2: Huazhi Jie - Huazhi Jie operates in the smart control industry, supplying key components for power tools and consumer electronics, including smart switches and brushless motors [7] - The company plans to use raised funds primarily for the production of 86.5 million smart components (4.26 billion, 87.66%) and for working capital (0.60 billion, 12.34%) [11] - Approximately 40% of Huazhi Jie's revenue comes from domestic sales, while 60% is from international markets, with significant partnerships with well-known companies [12] Group 3: Xinhenghui - Xinhenghui is an integrated circuit company focusing on chip packaging materials, with major business areas including smart card and etching lead frame businesses [12] - The company plans to allocate funds for high-density QFN/DFN packaging material projects (4.56 billion, 87.92%) and R&D center upgrades (0.63 billion, 12.08%) [13] - Xinhenghui has established long-term relationships with major security chip design firms and is a significant supplier in the smart card module market, holding a market share of 20.71% in 2022 [14]

苏州华之杰电讯股份有限公司 首次公开发行股票主板 上市公告书提示性公告 保荐人（主承销商）：中信建投证券股份有限公司 扫描二维码查阅公告全文 本公司及全体董事、监事、高级管理人员保证信息披露的内容真实、准确、 完整、及时，没有虚假记载、误导性陈述或重大遗漏。 经上海证券交易所审核同意，苏州华之杰电讯股份有限公司（以下简称"华 之杰"、"本公司"或"发行人"）发行的人民币普通股股票将于 2025 年 6 月 20 日 在上海证券交易所主板上市，上市公告书全文和首次公开发行股票并在主板上市 的招股说明书全文披露于上海证券交易所网站（www.sse.com.cn）和符合中国证 监会规定条件网站（中证网，网址 www.cs.com.cn；中国证券网，网址 www.cnstock.com；证券时报网，网址 www.stcn.com；证券日报网，网址 www.zqrb.cn），供投资者查阅。 一、上市概况 （一）股票简称：华之杰 （二）扩位简称：华之杰 （三）股票代码：603400 （四）首次公开发行后总股本：100,000,000 股 （五）首次公开发行股份数量：25,000,000 股，本次发行全部为新股，无老 股转 ...

股票简称：华之杰 股票代码：603400 苏州华之杰电讯股份有限公司 Suzhou Huazhijie Telecom Co., Ltd. （江苏省苏州市吴中区胥口镇孙武路 1031 号） 首次公开发行股票主板上市公告书 保荐人（主承销商） （住所：北京市朝阳区安立路 66 号 4 号楼） 二〇二五年六月十九日 苏州华之杰电讯股份有限公司 上市公告书 特别提示 苏州华之杰电讯股份有限公司（以下简称"发行人"、"华之杰"、"本 公司"或"公司"）股票将于 2025 年 6 月 20 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。 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。 苏州华之杰电讯股份有限公司 上市公告书 第一节 重要声明与提示 一、重要声明与提示 本公司及全体董事、监事、高级管理人员保证上市公告书所披露信息的真 实、准确、完整，承诺上市公告书不存在虚假记载、误导性陈述或者重大遗漏， 并依法承担法律责任。 上海证券交易所、有关政府机关对本公司股票上市及有关事项的 ...

4-2-1 | 第一章 总 则 . | | --- | | 第二章 经营宗旨和范围 | | 第三章 股 份 | | 第一节 股份发行 . | | 第二节 股份增减和回购 | | 第三节 股份转让 . | | 第四章 股东和股东大会 | | 第一节 股 东 | | 第二节 股东大会的一般规定 | | 第三节 股东大会的召集 | | 第四节 股东大会的提案与通知 . | | 第五节 股东大会的召开……………………………………………………………………………17 | | 股东大会的表决和决议 第六节 | | 第五章 董事会 | | 第一节 董事 . | | 第二节 独立董事 | | 第三节 董事会 …………………………………………………………………………………………………27 | | 第六章 高级管理人员 | | 第七章 监事会. | | 监 事 第一节 | | 第二节 监事会 …………………………………………………………………………………………………………………………36 | | 第三节 监事会决议. | | 第八章 财务会计制度、利润分配、内部审计和会计师事务所的聘任…………37 | | 第一节 财务会计制度…… ...