Core Insights - Two new stocks were issued today: Angrui Micro issued 24.88 million shares at a price of 83.06 yuan, raising 2.067 billion yuan; Muxi Co. issued 40.10 million shares at a price of 104.66 yuan, raising 4.197 billion yuan [1] Summary by Category New Stock Issuance - A total of 99 companies have completed initial public offerings (IPOs) this year, raising a cumulative amount of 118.014 billion yuan, with an average fundraising of 1.192 billion yuan per company [1] - Among these, 27 companies raised over 1 billion yuan, with 1 company exceeding 10 billion yuan, while 34 companies raised between 500 million and 1 billion yuan, and 38 companies raised less than 500 million yuan [1] Fundraising by Market Segment - In the Shanghai main board, 21 new stocks were issued, raising 41.405 billion yuan; in the Shenzhen main board, 12 new stocks raised 14.597 billion yuan; the ChiNext board saw 28 new stocks raising 22.030 billion yuan; the Sci-Tech Innovation Board had 15 new stocks raising 33.277 billion yuan; and the Beijing Stock Exchange had 23 new stocks raising 6.705 billion yuan [1] Top Fundraising Companies - Huadian New Energy is the top fundraising company this year, raising 18.171 billion yuan primarily for wind and solar power projects, as well as working capital [2] - N-More follows with 8 billion yuan raised for the development of next-generation AI chips and graphics chips [2] - Other notable companies include Xi'an Yicai, C China Uranium, and Muxi Co., raising 4.636 billion yuan, 4.440 billion yuan, and 4.197 billion yuan respectively [2] Average Issuance Price - The average issuance price of new stocks this year is 23.15 yuan, with 7 companies issuing at prices above 50 yuan, and 2 companies exceeding 100 yuan [2] - N-More has the highest issuance price at 114.28 yuan, followed by Muxi Co. at 104.66 yuan and Tianyouwei at 93.50 yuan [2] Geographic Distribution - New stock issuances are primarily concentrated in Jiangsu, Guangdong, and Zhejiang, with 24, 18, and 14 companies respectively [2] - The top fundraising regions are Fujian, Beijing, and Guangdong, with total fundraising amounts of 21.413 billion yuan, 19.908 billion yuan, and 16.977 billion yuan respectively [2]

Group 1 - Xi'an Yicai plans to invest approximately 12.5 billion yuan in the Wuhan silicon material base project, focusing on producing silicon monocrystalline polished wafers and epitaxial wafers for advanced integrated circuits [1] - CATL has repurchased 15.99 million A-shares for a total expenditure of approximately 4.386 billion yuan, representing 0.36% of its total A-share capital [1][2] - Tianpu Co. has completed a stock suspension review after a 451.8% increase in stock price from August 22 to November 27, and its shares will resume trading [2] Group 2 - Jiangbolong plans to raise no more than 3.7 billion yuan through a private placement for high-end memory research and development projects [4] - Ashi Chuang intends to raise no more than 900 million yuan for semiconductor material projects and to supplement working capital [5] - Aike Co. plans to acquire 100% equity of Dongguan Qixiang for 2.2 billion yuan, focusing on products applicable in new energy battery and storage fields [6] Group 3 - Xiangyuan Cultural Tourism's subsidiary intends to acquire 100% equity of Jinxiu Lianhua Mountain for approximately 345 million yuan, which operates a national AAAA-level tourist attraction [7] - Zhongding Co. plans to issue convertible bonds totaling no more than 2.5 billion yuan for various projects including smart robots and new energy vehicle systems [9] - Jingtou Development intends to acquire 45% equity of Shanghai Lishi and related debts, aiming for full ownership of the company [10] Group 4 - Luoyang Molybdenum's subsidiary plans to invest 500 million yuan in a fund focusing on technology, healthcare, and consumer goods [11] - Transsion Holdings has submitted an application for H-share listing on the Hong Kong Stock Exchange [12] - ST Zhiyun's controlling shareholder is set to change, with a new entity gaining control over 18.61% of voting rights [13] Group 5 - Chongqing Construction's second-largest shareholder plans to transfer 12.95% of state-owned shares to other state-owned entities [14] - Longpan Technology's subsidiary signed a long-term procurement agreement to supply 106,800 tons of lithium iron phosphate materials, with a total contract value estimated between 4.5 billion to 5.5 billion yuan [15] - Junting Hotel's controlling shareholder will change to Hubei Cultural Tourism Group, with shares resuming trading [16] Group 6 - Hefei Guotou will become the controlling shareholder of Chuanan Technology after a private placement to raise no more than 1.419 billion yuan for various projects [18] - Xianglu Tungsten's shareholder plans to reduce holdings by up to 1.6 million shares, representing 0.49% of total shares [20] - Ankai Micro plans to acquire 85.79% of Siche Technology for 326 million yuan, focusing on AIoT chip design [20]

Core Viewpoint - Xi'an Yisi has signed an investment cooperation agreement with Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd. to establish a silicon material base project in Wuhan, with a total investment of approximately 12.5 billion yuan [2][5]. Project Overview - The project will focus on the production of 12-inch silicon single crystal polished wafers and epitaxial wafers, which are essential for advanced integrated circuit processes, applicable in logic chips, flash memory chips, dynamic random-access memory chips, image sensors, and display driver chips [2][4]. - The planned production capacity is 500,000 wafers per month, covering an area of approximately 310 acres [3][4]. Financial Structure - The total investment is approximately 12.5 billion yuan, with 8.5 billion yuan as equity and the remaining 4 billion yuan to be financed through bank loans [2][5]. - Xi'an Yisi commits to contribute 7 billion yuan in capital, while the other party will contribute 1.5 billion yuan [5][8]. Strategic Importance - The project is strategically located in Wuhan, a key area for the national storage chip industry, which will help Xi'an Yisi serve clients in Central China and extend its reach to the Yangtze River Delta and Pearl River Delta regions [3][4]. - This expansion is expected to enhance the company's domestic leadership position and improve its international competitiveness [3][8]. Company Performance - Xi'an Yisi recently went public on the Sci-Tech Innovation Board, raising 4.636 billion yuan, with a current market capitalization of 96 billion yuan [11]. - The company reported revenues of 1.055 billion yuan, 1.474 billion yuan, and 2.121 billion yuan for 2022, 2023, and 2024 respectively, with net losses of 533 million yuan, 683 million yuan, and 738 million yuan for the same years [9].

Core Viewpoint - Xi'an Yicai (688783) is expanding its production capacity by investing in a new silicon material base project in Wuhan, with a total investment of approximately 12.5 billion yuan [1][2]. Group 1: Investment and Project Details - The project in Wuhan will focus on producing 12-inch silicon single crystal polished wafers and epitaxial wafers, with a planned capacity of 500,000 pieces per month [1]. - The total investment for the Wuhan project is about 12.5 billion yuan, with 8.5 billion yuan as capital and the remaining 4 billion yuan to be financed through bank loans [1]. - Upon completion, Xi'an Yicai will have a total production capacity of approximately 1.7 million pieces per month [1]. Group 2: Strategic Importance - The Wuhan region is a key area for the national storage chip industry, and the project will help Xi'an Yicai serve customers in Central China while also reaching clients in the Yangtze River Delta and Pearl River Delta regions [1]. - This strategic move is expected to strengthen the company's leading position in the domestic market and enhance its international competitiveness [1]. Group 3: Partnership and Equity Structure - The partnership with Wuhan Optics Valley Semiconductor Industry Investment Co., established in May 2023, will result in Xi'an Yicai holding 82.35% and Wuhan Optics Valley holding 17.65% of the project company after the capital is fully invested [2]. - The collaboration aims to leverage the expertise of both parties in the semiconductor field [2]. Group 4: Additional Investment Plans - Xi'an Yicai announced another investment plan to establish a limited partnership for an intelligent innovation center project with a total investment of 1 billion yuan, where Xi'an Yicai will contribute 100 million yuan [2]. - The project aims to build a smart computing platform to enhance the efficiency and yield of the manufacturing process [3].

Core Viewpoint - Xi'an Yichai (688783) is expanding its production capacity by investing in a new silicon material base project in Wuhan, which will enhance its position in the semiconductor industry and improve its competitiveness globally [2][3]. Group 1: Investment and Production Capacity - Xi'an Yichai signed an agreement with Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd. to invest approximately 12.5 billion yuan in the Wuhan silicon material base project, focusing on producing 12-inch silicon single crystal polished wafers and epitaxial wafers [2]. - The planned production capacity for the new project is 500,000 wafers per month, which will increase Xi'an Yichai's total capacity to approximately 1.7 million wafers per month [2]. - The investment structure will result in Xi'an Yichai holding 82.35% of the project company, while Wuhan Optics Valley Semiconductor Investment will hold 17.65% after the completion of the capital injection [3]. Group 2: Strategic Importance and Market Position - The project is strategically located in Wuhan, a key area for the national storage chip industry, allowing Xi'an Yichai to better serve customers in Central China and extend its reach to the Yangtze River Delta and Pearl River Delta regions [2]. - The investment is expected to strengthen Xi'an Yichai's leading position in the domestic market and enhance its international competitiveness [2]. Group 3: Additional Investment Plans - In addition to the Wuhan project, Xi'an Yichai announced plans to establish a limited partnership with Xi'an High-tech Financial Holding Group and Xi'an Caijin Investment Private Fund Management to implement an intelligent innovation center project with a total investment of 1 billion yuan [3]. - The intelligent innovation center project aims to develop a smart computing platform and promote the intelligent transformation of the upstream and downstream ecosystem partners, enhancing product yield, efficiency, and profitability [3].

Core Viewpoint - Xi'an Yichai (688783.SH) has signed an investment cooperation agreement with Wuhan Optics Valley Semiconductor Industry Investment Co., Ltd. to establish a silicon material base project in Wuhan, focusing on the production of 12-inch silicon single crystal polished wafers and epitaxial wafers for advanced integrated circuit processes [1] Investment and Financials - The total investment for the project is approximately 12.5 billion yuan, with 8.5 billion yuan as capital and the remaining 4 billion yuan to be financed through bank loans [1] - The planned production capacity for the project is 500,000 wafers per month, contributing to a total capacity of over 1.7 million wafers per month for the company after completion [1] Strategic Importance - This collaboration is a significant step in expanding the company's existing capacity and aligns with its strategic planning [1] - The project aims to enhance the company's position as a leading player in the domestic market, providing services to clients in Central China and extending reach to the Yangtze River Delta and Pearl River Delta regions [1] - The initiative is expected to improve the company's scale effects and enhance returns for investors [1]

格隆汇12月2日丨西安奕材(688783.SH)公布，本次现金管理使用额度不超过人民币70,000万元（含本 数），投资产品的期限不超过12个月，在前述额度范围内，资金可以在董事会审议通过之日起12个月内 循环使用。 ...

Group 1 - The core viewpoint of the article is that Xi'an Yichai (688783.SH) is investing 500 million yuan of its own funds to establish a subsidiary in Wuhan, which is a significant step in implementing its strategic plan [1] - The Wuhan project is an important initiative for the company to solidify its leading position in the domestic market and enhance its ability to serve global customers [1] - The investment will not adversely affect the company's financial and operational status, aligning with the long-term interests of all shareholders and the company's strategic development plan [1]

使用部分募集资金进行现金管理的核查意见 中信证券股份有限公司（以下简称"中信证券""保荐人"）作为西安奕斯 伟材料科技股份有限公司（以下简称"西安奕材""公司"）首次公开发行股票 并在科创板上市的保荐人，根据《上市公司募集资金监管规则》等相关法律法规 的规定，履行持续督导职责，对西安奕材本次使用部分募集资金进行现金管理的 事项进行了审慎核查，核查情况及核查意见如下： 一、募集资金基本情况 2025 年 8 月 27 日，中国证监会向公司出具了《关于同意西安奕斯伟材料科 技股份有限公司首次公开发行股票注册的批复》（证监许可[2025]1853 号）， 2025 年 10 月 28 日，公司在上海证券交易所科创板挂牌上市，首次公开发行人民 币普通股（A 股）53,780 万股，发行价格 8.62 元/股，募集资金总额人民币 463,583.60 万元，扣除发行费用后，公司实际募集资金净额为人民币 450,682.75 万元。本次募集资金于 2025 年 10 月 22 日全部到位，毕马威（华振）会计师事务 所（特殊普通合伙）于 2025 年 10 月 23 日出具了《西安奕斯伟材料科技股份有限 公司验资报告》（毕 ...

关于西安奕斯伟材料科技股份有限公司 以自筹资金预先投入募集资金投资项目和支付发行费用情况报告的鉴证报告 KPMG Huazhen LLP 8th Floor, KPMG Tower Oriental Plaza 1 East Chang An Avenue Beijing 100738 China Telephone +86 (10) 8508 5000 Fax +86 (10) 8518 5111 Internet kpmg.com/cn 毕马威华振会计师事务所 (特殊普通合伙) 中国北京 东长安街 1 号 东方广场毕马威大楼 8 层 邮政编码:100738 电话 +86 (10) 8508 5000 传真 +86 (10) 8518 5111 网址 kpmg.com/cn 关于西安奕斯伟材料科技股份有限公司 以自筹资金预先投入募集资金投资项目和支付发行费用情况报告的鉴证报告 毕马威华振专字第 2505148 号 西安奕斯伟材料科技股份有限公司董事会： 我们接受委托，对后附的西安奕斯伟材料科技股份有限公司 (以下简称"西安奕材") 截至 2025 年 10 月 22 日止以自筹资金预先投入《西安奕斯伟材料科 ...