Group 1: Hengyun Chang (688785) - Hengyun Chang is a core component supplier for semiconductor equipment, focusing on the research, production, sales, and technical services of plasma RF power systems, plasma excitation devices, plasma DC power supplies, and various accessories [2] - The company raised a total of 1.5606589 billion yuan, with a net amount of 1.4137576 billion yuan after deducting issuance costs, which will be used for projects including the industrialization of semiconductor RF power systems and the establishment of an intelligent production operation base for core components [2] - Shenzhen Hengyun Chang Investment Co., Ltd. holds 25.8179% of the shares, making it the controlling shareholder, while Le Weiping directly holds 23.0866% of the shares and controls a total of 72.8727% of the voting rights [2] Group 2: Nongda Technology (920159) - Nongda Technology specializes in the research, production, sales, and technical services of new fertilizers and new fertilizer intermediates [3] - The company raised a total of 400 million yuan, with a net amount of 358.0656 million yuan after deducting issuance costs, which will be allocated to projects such as the annual production of 300,000 tons of humic acid intelligent high-tower compound fertilizer and the construction of a 150,000-ton bio-fertilizer production line [3] - Mingquan Investment is the controlling shareholder, with Ma Xuewen and his associate Mark controlling 76.10% of the total share capital before the issuance, which decreased to 60.08% after the issuance [3]

这是一场有关信心与决心的"长跑"。 十二年的时间，从一间不足100平方米的办公室起步，到成为资本 市场的"新兵"——深圳市恒运昌真空技术股份有限公司（下称"恒运昌"）做对了什么？ "首先是信心， 我始终相信，中国半导体产业会实现自强自立；其次是决心，闯出一条新路，不一定能够成功，但是如 果不迈出第一步，那绝对不会成功。"坐在镜头前，恒运昌董事长乐卫平整理了一下西装，又微微调整 了坐姿，口中的话语鲜有停顿。 1月28日，恒运昌在科创板挂牌。"上市是一个新的起点，我们不满足 于仅实现自主可控，恒运昌的愿景是成为一家围绕等离子体工艺提供核心零部件整体解决方案的平台型 公司。"乐卫平说。 在缝隙中寻找"火种" 2013年，中国半导体产业还处于萌芽阶段，国产半导体零部件 装备在晶圆厂中几乎没有一席之地。 彼时，乐卫平已经在美国AE公司工作了十一年，他见证了国内客 户的普遍困境——国内晶圆厂的建设和生产标准完全参照美国，装备清一色来自国外，不仅没有定价 权，也无法保证交付期。 这种"卡脖子"的困境，触动了乐卫平创业的决心。"尽管这意味着要放弃外企 的优厚待遇，但我毫不犹豫。"乐卫平表示。 在深圳市宝安区一间不到100平方 ...

Group 1 - The article discusses the listing of two new stocks on January 28, with 恒运昌 (688785) and 农大科技 (92015) being the focus [2][3] - 恒运昌's issue price is 92.18 yuan, with a total market value of 4.68 billion yuan and an issuance P/E ratio of 48.39 [2] - The company is a leading supplier of core components for semiconductor equipment, with a domestic market penetration rate of less than 12% in the semiconductor field [2] - 恒运昌's products support major equipment manufacturers like 中微公司 and 中芯国际, and the company has a strong core team with experience in AE [2] - 农大科技's issue price is 25 yuan, with a total market value of 16.54 billion yuan and an issuance P/E ratio of 32.59 [3] - The company specializes in fiber-reinforced materials for the clean energy sector and has become a core supplier for wind turbine blade materials [3] - 农大科技's self-developed photovoltaic frames have passed TOV testing and achieved certification, demonstrating excellent aging resistance [3]

Group 1 - Hengyun Chang (688785.SH) and Nongda Technology (920159.BJ) have been listed today without any new stock subscriptions [1]

Group 1 - The company Shenzhen Hengyun Chang Vacuum Technology Co., Ltd. has received approval from the Shanghai Stock Exchange's listing review committee for its initial public offering (IPO) of ordinary shares in RMB and listing on the Sci-Tech Innovation Board [1] - The China Securities Regulatory Commission has granted registration approval for the IPO, with the registration number being 2025 2671 [1] - The prospectus for the IPO is available on the Shanghai Stock Exchange website and other specified platforms for public access [1] Group 2 - The lead underwriter for the IPO is CITIC Securities Co., Ltd. [1]

Core Viewpoint - Shenzhen Hengyun Chang Vacuum Technology Co., Ltd. has received approval for its initial public offering (IPO) of ordinary shares (A-shares) and listing on the Sci-Tech Innovation Board, with the application reviewed by the Shanghai Stock Exchange Listing Review Committee and registered by the China Securities Regulatory Commission [1] Group 1 - The company plans to publicly issue 16,930,559 shares, representing approximately 25.01% of the total share capital post-issuance [2] - The initial strategic placement quantity is set at 3,386,111 shares, accounting for 20.00% of the total issuance, with any difference from the final strategic placement quantity being allocated to offline issuance [2] - The initial offline issuance quantity is 9,481,448 shares, approximately 70.00% of the issuance after deducting the initial strategic placement, while the initial online issuance quantity is 4,063,000 shares, about 30.00% [2] Group 2 - An online roadshow will be held to inform investors about the company and the issuance arrangements, scheduled for January 15, 2026, from 14:00 to 17:00 [2] - The roadshow will feature key members of the company's management and relevant personnel from the sponsor (lead underwriter) [2] - The full prospectus and related materials for the IPO can be accessed on the Shanghai Stock Exchange website [3]

登录新浪财经APP 搜索【信披】查看更多考评等级 深圳市恒运昌真空技术股份有限公司（以下简称"发行人"）首次公开发行人民币普通股（Ａ股）并在科 创板上市（以下简称"本次发行"）的申请于２０２５年１１月１４日经上海证券交易所（以下简称"上 交所"）上市审核委员会审议通过，并已经中国证券监督管理委员会（以下简称"中国证监会"）证监许 可〔２０２５〕２６７１号文同意注册。 中信证券股份有限公司（以下简称"中信证券"或"保荐人（主承销商）"）担任本次发行的保荐人（主承 销商）。经发行人和本次发行的保荐人（主承销商）协商确定本次发行股份数量为１，６９３．０５５ ９万股，全部为公开发行新股。本次网上发行与网下发行将于２０２６年１月１６日（Ｔ日）分别通过 上交所交易系统和互联网交易平台（ＩＰＯ网下询价申购）（以下简称"互联网交易平台"）实施。 发行人和保荐人（主承销商）特别提请投资者关注以下内容： １、本次发行采用向参与战略配售的投资者定向配售（以下简称"战略配售"）、网下向符合条件的投资 者询价配售（以下简称"网下发行"）、网上向持有上海市场非限售Ａ股股份和非限售存托凭证市值的社 会公众投资者定价发行（以下简称"网上发行 ...

Core Viewpoint - Shenzhen Hengyun Chang Vacuum Technology Co., Ltd. has received approval for its initial public offering (IPO) of RMB ordinary shares (A-shares) on the Sci-Tech Innovation Board, with the application approved by the Shanghai Stock Exchange on November 14, 2025, and registered by the China Securities Regulatory Commission [1] Group 1: Issuance Details - The total number of shares for this issuance is set at 16,930,559 shares, with an initial strategic placement of 3,386,111 shares, accounting for 20% of the total issuance [2] - The final strategic placement remains at 3,386,111 shares, with no need for adjustments to the offline allocation [2] - The issuance price is set at RMB 92.18 per share, with 4,063,000 shares to be initially issued through online pricing on January 16, 2026 [3] Group 2: Payment and Subscription Process - Investors are required to fulfill payment obligations by January 20, 2026, with specific instructions for offline and online investors regarding payment procedures [4] - Offline investors must commit to a 10% lock-up period for their allocated shares, which will last for six months from the date of listing [5] Group 3: Subscription and Allocation Mechanism - If the total subscription from offline and online investors does not meet 70% of the issuance quantity after deducting the final strategic placement, the IPO will be suspended [6] - The online issuance had 6,516,284 valid subscription accounts, with a total of 24,795,718,000 shares applied, resulting in an initial online winning rate of 0.01638589% [7] - Following the implementation of the allocation mechanism, the final online winning rate increased to 0.02184853% after adjustments were made due to high demand [8] Group 4: Lottery and Announcement - The online lottery for share allocation is scheduled for January 19, 2026, with results to be announced on January 20, 2026 [9]

Core Viewpoint - Shenzhen Hengyun Chang Vacuum Technology Co., Ltd. has received approval for its initial public offering (IPO) of RMB ordinary shares (A-shares) and listing on the Sci-Tech Innovation Board, with the application approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission [1] Group 1: Issuance Details - The total number of shares for this issuance is set at 16,930,559 shares, with an initial strategic placement of 3,386,111 shares, accounting for 20% of the total issuance [2] - The final strategic placement remains at 3,386,111 shares, with no need for adjustments to the offline allocation [2] - The issuance price is set at RMB 92.18 per share, with 4,063,000 shares to be issued through online pricing on January 16, 2026 [2] Group 2: Subscription and Allocation - The online subscription received an effective multiple of approximately 6,102.81 times, leading to the activation of a mechanism to adjust the allocation between offline and online subscriptions [3] - After the adjustment, the final offline issuance quantity is 8,126,948 shares, representing 60% of the total issuance after deducting the strategic placement, while the online issuance quantity is 541,750 shares, representing 40% [3] - The final online winning rate is 0.02184853% [3] Group 3: Payment Obligations - Investors are required to fulfill payment obligations by January 20, 2026, with specific instructions for both offline and online investors regarding the payment process [4] - If the total number of shares subscribed by offline and online investors does not meet 70% of the total issuance after deducting the strategic placement, the issuance will be suspended [5] Group 4: Investor Compliance - Investors who fail to comply with payment obligations or violate regulations will face penalties, and their participation in future offerings may be restricted [6] - Online investors who fail to pay for shares after winning allocations three times within 12 months will be barred from participating in future subscriptions for a period of six months [6] Group 5: Strategic Placement Results - The strategic placement has concluded successfully, with all participating investors fulfilling their commitments [8] - The final results of the strategic placement are confirmed, ensuring compliance with the disclosed arrangements [9] Group 6: Lottery Results - The online lottery for share allocation was conducted on January 19, 2026, with a total of 10,835 winning numbers, each allowing for the purchase of 500 shares [10] Group 7: Offline Subscription Results - The offline subscription process concluded on January 16, 2026, with a total of 3,167,840,000 shares effectively subscribed [11] - The initial allocation results for offline investors have been compiled, adhering to the announced principles [12]

登录新浪财经APP 搜索【信披】查看更多考评等级 深圳市恒运昌真空技术股份有限公司（以下简称"发行人"或"恒运昌"）首次公开发行人民币普通股（Ａ 股）并在科创板上市（以下简称"本次发行"）的申请于２０２５年１１月１４日经上海证券交易所（以 下简称"上交所"）上市审核委员会审议通过，并已经中国证券监督管理委员会同意注册（证监许可〔２ ０２５〕２６７１号）。 发行人的股票简称为"恒运昌"，扩位简称为"恒运昌股份"，股票代码为"６８８７８５"。 中信证券股份有限公司（以下简称"中信证券"或"保荐人（主承销商）"）担任本次发行的保荐人（主承 销商）。 本次发行采用向参与战略配售的投资者定向配售（以下简称"战略配售"）、网下向符合条件的网下投资 者询价配售（以下简称"网下发行"）、网上向持有上海市场非限售Ａ股股份和非限售存托凭证市值的社 会公众投资者定价发行（以下简称"网上发行"）相结合的方式进行。 发行人与保荐人（主承销商）根据初步询价结果，综合评估公司合理投资价值、同行业上市公司估值水 平、所属行业二级市场估值水平等方面，充分考虑网下投资者有效申购倍数、市场情况、募集资金需求 及承销风险等因素，协商确定本次发行价格 ...