Core Viewpoint - The company, Tian Su Measurement, provides professional technical services such as measurement calibration, testing, and certification across various sectors including biotechnology, new energy vehicles, information technology, semiconductor integrated circuits, energy conservation and environmental protection, rail transportation, energy and power, and high-end equipment manufacturing [1]. Group 1 - The main business areas of the company include biotechnology, new energy vehicles, information technology, semiconductor integrated circuits, energy conservation and environmental protection, rail transportation, energy and power, and high-end equipment manufacturing [1].

Core Viewpoint - The company, Tian Su Measurement (301449), has established a network of calibration and testing laboratories across multiple regions in China, enhancing its operational capabilities and compliance with national standards [1] Group 1: Company Developments - The company has set up calibration and testing laboratories in Guangdong, Guangxi, Yunnan, Hunan, Hubei, Jiangsu, Henan, Shanxi, Shaanxi, and Xinjiang [1] - The laboratories have received recognition from the China National Accreditation Service for Conformity Assessment (CNAS) and the Certification and Accreditation Administration of the People's Republic of China (CMA) [1] - The Hainan Tianzhong Laboratory has obtained legal metrology certification, further solidifying the company's credentials in the industry [1] Group 2: Certifications and Approvals - The subsidiary, Tian Su International, has received approval from the National Certification and Accreditation Administration (CNCA) as a recognized certification body [1]

Investment Rating - The report does not explicitly provide an investment rating for the industry or companies discussed. Core Insights - The technology industry experienced 196 financing events globally from December 22, 2025, to January 1, 2026, with 181 events in China and 15 abroad, highlighting significant investment activity in advanced manufacturing, artificial intelligence, and enterprise services [9]. - The semiconductor sector is witnessing advancements with the global release of high-purity P-type SiC substrates and the development of the first 12-inch high-quality silicon carbide epitaxial wafer, which are expected to enhance production efficiency and reduce costs in the semiconductor industry [33][38]. - The artificial intelligence sector is advancing with new technologies such as the TurboDiffusion framework for video generation, which can accelerate video creation by up to 200 times, and the introduction of the "Shan Hai" S30FP/S30P SPU IP, which provides comprehensive security solutions for high-performance computing chips [4][41]. Summary by Sections Financing Overview - A total of 196 financing events occurred in the technology sector during the specified period, with advanced manufacturing, artificial intelligence, and enterprise services leading the way in terms of the number of events [9]. IPO Updates - Several companies went public, including: - **InSilico Medicine** listed on the Hong Kong Stock Exchange, focusing on AI-driven drug discovery, significantly reducing the time for drug development from an average of 4.5 years to 12-18 months [11][12]. - **Tiansu Measurement** listed on the Shenzhen Stock Exchange, providing independent third-party measurement and testing services across various industries [15][16]. - **Nobikang** also listed on the Hong Kong Stock Exchange, specializing in AI solutions for railway and power companies [18][19]. Semiconductor Sector Developments - **SuperChip** launched a high-purity P-type SiC substrate, addressing critical impurities that have historically hindered the industry, thus enhancing the reliability of high-voltage IGBT devices [33][36]. - **Hantian Technology** developed the world's first 12-inch high-quality silicon carbide epitaxial wafer, which is expected to significantly improve production efficiency and lower costs in the semiconductor industry [38][40]. - **Arm Technology** introduced the "Shan Hai" S30FP/S30P SPU IP, enhancing security for high-performance computing applications [41][42]. AI and Quantum Technology Innovations - The report highlights advancements in AI, including a collaboration between Shenshu Technology and Tsinghua University to accelerate video generation, and IBM's new framework for large language model planning [4][41]. - In quantum technology, IonQ has established a significant presence in South Korea with its quantum computing capabilities, marking a strategic expansion in the global infrastructure [4][6].

Group 1: New Listings - Jiangsu Xihua New Energy Technology Co., Ltd. listed on the Shanghai Stock Exchange main board on December 23, raising 1.01 billion yuan, with a first-day stock price increase of 264.46% and a market cap of approximately 11.4 billion yuan as of December 29 [3][5] - Ningbo Jianxin Superconducting Technology Co., Ltd. listed on the Shanghai Stock Exchange Sci-Tech Innovation Board on December 24, raising 779 million yuan, with a first-day stock price increase of 212.81% and a market cap of approximately 7.9 billion yuan as of December 29 [3][5] - Shenzhen Tian Su Measurement and Testing Co., Ltd. listed on the Shenzhen Stock Exchange ChiNext on December 23, raising 600 million yuan, with a first-day stock price increase of 174.48% and a market cap of approximately 6.8 billion yuan as of December 29 [4][5] - Nabai Chuan New Energy Co., Ltd. also listed on the Shenzhen Stock Exchange ChiNext on December 23, raising 632 million yuan, with a first-day stock price increase of 408.17% and a market cap of approximately 10.1 billion yuan as of December 29 [4][5] Group 2: Companies Passing Review - Shijiazhuang Vision Technology Co., Ltd. passed the review for listing on the Shanghai Stock Exchange Sci-Tech Innovation Board on December 24, focusing on micro-display solutions [6][8] - Luoyang Shenglong Mining Group Co., Ltd. passed the review for listing on the Shenzhen Stock Exchange main board on December 23, engaged in non-ferrous metal mining [9][10] - Hangzhou Fuen Co., Ltd. passed the review for listing on the Shenzhen Stock Exchange main board on December 26, specializing in eco-friendly fabric [9][10] - Shenzhen Dapu Microelectronics Co., Ltd. passed the review for listing on the Shenzhen Stock Exchange ChiNext on December 25, focusing on enterprise-level SSD products [9][10] - Nanchang Sanrui Intelligent Technology Co., Ltd. passed the review for listing on the Shenzhen Stock Exchange ChiNext on December 26, specializing in drone and robot power systems [9][10] Group 3: Companies Submitting IPO Applications - Tianjin Fujida Bicycle Industrial Co., Ltd. submitted an IPO application to the Shanghai Stock Exchange main board on December 24, planning to raise 773 million yuan [12][14] - Shenyang Compressor Group Co., Ltd. submitted an IPO application to the Shanghai Stock Exchange main board on December 25, planning to raise 2.134 billion yuan [12][19] - Shenzhen Hanno Medical Technology Co., Ltd. submitted an IPO application to the Shanghai Stock Exchange Sci-Tech Innovation Board on December 23, planning to raise 1.062 billion yuan [12][23] - Dandong Oriental Measurement and Control Technology Co., Ltd. submitted an IPO application to the Shanghai Stock Exchange Sci-Tech Innovation Board on December 25, planning to raise 1.1 billion yuan [12][25] - Suzhou Tongxin Medical Technology Co., Ltd. submitted an IPO application to the Shanghai Stock Exchange Sci-Tech Innovation Board on December 26, planning to raise 1.064 billion yuan [12][27] - Shenzhen Deep Blue Ocean Technology Co., Ltd. submitted an IPO application to the Shanghai Stock Exchange Sci-Tech Innovation Board on December 26, planning to raise 1.5 billion yuan [12][29] Group 4: Financial Data Highlights - Fujida projected revenues of 4.371 billion yuan, 3.621 billion yuan, and 4.880 billion yuan from 2022 to 2024, with net profits of 348 million yuan, 285 million yuan, and 408 million yuan respectively [17][18] - Shenyang Compressor Group projected revenues of 7.396 billion yuan, 8.206 billion yuan, and 9.309 billion yuan from 2022 to 2024, with net profits of 181 million yuan, 355 million yuan, and 442 million yuan respectively [20][21] - Hanno Medical projected revenues of 0, 298 million yuan, and 493 million yuan from 2022 to 2024, with net losses of 647 million yuan, 3.41 billion yuan, and 1.83 billion yuan respectively [24] - Oriental Measurement and Control projected revenues of 603 million yuan, 521 million yuan, and 567 million yuan from 2022 to 2024, with net profits of 92.5 million yuan, 74.8 million yuan, and 73.1 million yuan respectively [26] - Tongxin Medical projected revenues of 8.611 million yuan, 50.453 million yuan, and 77.351 million yuan from 2022 to 2024, with net losses of 1.89 billion yuan, 3.06 billion yuan, and 3.72 billion yuan respectively [28]

Core Viewpoint - Tian Su Measurement experienced a decline of 2.62% today, with a turnover rate of 41.18% and a total transaction amount of 499 million yuan, indicating significant trading activity and volatility in the stock [2] Trading Activity - The stock was listed on the Shenzhen Stock Exchange due to its turnover rate reaching 41.18%, with institutional investors net buying 1.0852 million yuan [2] - The top five trading departments accounted for a total transaction amount of 124 million yuan, with buying transactions amounting to 56.4821 million yuan and selling transactions amounting to 67.6886 million yuan, resulting in a net selling of 11.2065 million yuan [2] - Among the trading departments, three institutional special seats were involved, with a total buying amount of 38.7898 million yuan and a selling amount of 37.7047 million yuan, leading to a net buying of 1.0852 million yuan [2] Fund Flow - The stock saw a net outflow of main funds amounting to 27.9855 million yuan today, with large single orders experiencing a net outflow of 16.9787 million yuan and large orders a net outflow of 11.0068 million yuan [2] - Over the past five days, the main funds have seen a net outflow of 17.8235 million yuan [2]

Group 1 - The professional services sector increased by 0.33% on December 31, with Beijing Human Resources leading the gains [1] - The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] - Key stocks in the professional services sector showed varied performance, with Beijing Human Resources closing at 18.34, up 3.62%, and other notable stocks like Guolan Testing and Steel Research Nake also showing positive gains [1] Group 2 - The professional services sector experienced a net outflow of 225 million yuan from institutional investors, while retail investors saw a net inflow of 220 million yuan [2] - The trading volume and turnover for key stocks varied, with notable transactions such as Beijing Human Resources achieving a turnover of 174 million yuan [1][2] - The data indicates a mixed sentiment in the market, with institutional investors pulling back while retail investors remained active [2][3]

Market Overview - As of December 31, the Shanghai Composite Index closed at 3968.84 points, up by 3.72 points, with a change of 0.09% [1] - The Shenzhen Component Index closed at 13525.02 points, down by 79.04 points, with a change of -0.58% [1] - The ChiNext Index closed at 3203.17 points, down by 39.73 points, with a change of -1.23% [1] Trading Activity - A total of 94 A-shares had a turnover rate exceeding 20% on the same day [1] - Notably, C Xin Guang Yi and Guang Dao Tui had turnover rates exceeding 50%, indicating significant trading activity [1] Top Stocks by Turnover Rate - C Xin Guang Yi (301687) had a closing price of 71.32 yuan, with a turnover rate of 80.68% and a price increase of 225.22% [1] - Guang Dao Tui (920680) closed at 0.86 yuan, with a turnover rate of 60.23% and a price decrease of -21.82% [1] - Other notable stocks include: - Yu Yin Co., Ltd. (002177) with a turnover rate of 56.99% and a price increase of 10.06% [1] - C Qiang Yi (688809) with a turnover rate of 56.70% and a price increase of 13.62% [1] - C Heng Dong Guang (920045) with a turnover rate of 53.79% and a price increase of 878.16% [1]

一、募集资金的基本情况 经中国证券监督管理委员会《关于同意深圳天溯计量检测股份有限公司首次 公开发行股票注册的批复》（证监许可〔2025〕2424 号）同意注册,公司首次公开 发行人民币普通股（A 股）股票 16,304,348 股，每股面值 1 元，每股发行价格为 人民币 36.80 元，募集资金总额为人民币 600,000,006.40 元，扣除相关发行费用 人民币 75,368,557.86 元（不含税）后，募集资金净额为人民币 524,631,448.54 元。上述募集资金已于 2025 年 12 月 18 日全部到位，众华会计师事务所（特殊 普通合伙）已对公司本次发行募集资金到位情况进行了审验，并出具了《验资报 告》（众会字（2025）第 11809 号）。公司已按规定对上述募集资金进行了专户存 储管理，并与存放募集资金的商业银行、保荐机构签订了《募集资金三方监管协 议》。 二、募集资金投资项目的基本情况 根据公司《首次公开发行股票并在创业板上市招股说明书》（以下简称"招股 说明书"）披露的募集资金投资项目及募集资金使用计划如下： 招商证券股份有限公司 关于深圳天溯计量检测股份有限公司 使用募集资金 ...

众会字（2025）第 11828 号 深圳天溯计量检测股份有限公司全体股东： 我们审核了后附的深圳天溯计量检测股份有限公司（以下简称"天溯计量公 司"）截至 2025 年 12 月 18 日止的《深圳天溯计量检测股份有限公司关于以自筹 资金预先投入募集资金投资项目及支付发行费用的专项说明》（以下简称"专项 说明"）。 关于深圳天溯计量检测股份有限公司 使用募集资金置换预先投入募投项目 及已支付发行费用的自筹资金的鉴证报告 专项鉴证报告 一、对报告使用者和使用目的的限定 本鉴证报告仅供天溯计量公司为用募集资金置换预先已投入募集资金投资 项目及支付发行费用的自筹资金之目的使用，不得用作任何其他目的。我们同意 将本鉴证报告作为天溯计量公司用募集资金置换预先已投入募集资金投资项目 及支付发行费用的自筹资金必备的文件，随其他文件一起报送并对外披露。 二、管理层的责任 按照中国证券监督管理委员会《上市公司募集资金监管规则》及深圳证券交 易所《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运 作》的规定编制《深圳天溯计量检测股份有限公司关于以自筹资金预先投入募集 资金投资项目及支付发行费用的专项说明》是 ...

深圳天溯计量检测股份有限公司 章 程 深圳天溯计量检测股份有限公司 章 程 二○二五年十二月 第四条 公司注册名称 中文名称：深圳天溯计量检测股份有限公司 | | | 深圳天溯计量检测股份有限公司 章 程 第一章 总则 第一条 为维护深圳天溯计量检测股份有限公司（以下简称"公司"）、股 东、职工和债权人的合法权益，规范公司的组织和行为，根据《中华人民共和国 公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称 "《证券法》"）和其他有关规定，结合公司的具体情况，制订本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司。 公司系由深圳市天溯计量检测技术有限公司（以下简称"有限公司"）整 体变更方式设立，在深圳市市场监督管理局注册登记，取得营业执照，统一社会 信用代码：91440300691167175B。 第三条 公司于 2025 年 10 月 29 日经深圳证券交易所审核并经中国证券监 督管理委员会（以下简称"证监会"）注册同意，首次向社会公众发行人民币普 通股 1,630.4348 万股，于 2025 年 12 月 23 日在深圳证券交易所创业板上市。 第五条 公司住所： ...