Core Viewpoint - The company, Tian Su Measurement (301449.SZ), is a national, comprehensive independent third-party measurement and testing service provider, focusing on high-quality development in response to market opportunities [1] Group 1: Company Overview - The company specializes in measurement calibration, testing, and certification services [1] - Its main testing services are for consumer batteries, power batteries, and energy storage batteries [1] Group 2: Service Offerings - The battery testing services include battery performance testing, safety testing, and reliability testing [1] - The company also provides battery testing certification services [1] Group 3: Market Strategy - The company is committed to closely monitoring market dynamics to seize opportunities [1] - It aims to continuously promote high-quality development [1]

Core Viewpoint - The company, Tian Su Measurement (301449.SZ), is a national, comprehensive independent third-party measurement and testing service provider, focusing on measurement calibration, testing, and certification services, particularly in the battery sector [1] Group 1: Business Overview - The main business of the company includes measurement calibration, testing, and certification services, with a focus on battery testing services for consumer batteries, power batteries, and energy storage batteries [1] - The battery testing services provided by the company include battery performance testing, safety testing, and reliability testing, as well as certification services [1] Group 2: Financial Performance - The company's revenue from battery testing services is projected to grow from 52.54 million yuan in 2022 to 113.14 million yuan in 2024, representing a compound annual growth rate (CAGR) of 46.75% [1] Group 3: Strategic Focus - By 2024, the company's measurement calibration business is expected to account for over 85% of its main business, while testing services will focus primarily on new energy battery testing, making up about 15% [1] - The company has established a broad service network, catering to over 2,000 new energy enterprises, including notable clients such as Zhongchuang Xinhang, Ju Wan Technology, Yiwei Lithium Energy, and GAC Group [1]

Core Viewpoint - The company, Tian Su Measurement (301449.SZ), is a national, comprehensive independent third-party measurement and testing service provider, focusing on measurement calibration, testing, and certification services, particularly in the battery sector [1] Group 1: Business Overview - The main business of the company includes measurement calibration, testing, and certification services, with a significant focus on battery testing services for consumer batteries, power batteries, and energy storage batteries [1] - The battery testing services provided by the company encompass battery performance testing, safety testing, and reliability testing, along with certification services [1] Group 2: Strategic Development - The company's strategic layout in the new energy battery testing business has shown promising growth, with revenue from battery testing services projected to increase from 52.54 million yuan in 2022 to 113.14 million yuan in 2024, reflecting a compound annual growth rate of 46.75% [1] - By 2024, the measurement calibration business is expected to account for over 85% of the company's main business, while testing services will focus primarily on new energy battery testing, making up about 15% [1] Group 3: Client Base - The company's testing services have been widely utilized by over 2,000 new energy enterprises, including notable clients such as Zhongchuang Xinhang, Ju Wan Technology, Yiwei Lithium Energy, Hive Energy, and Haichen Energy Storage, as well as new energy vehicle manufacturers like GAC Group, GAC Aion, and Xpeng Motors [1]

中国经济网北京12月24日讯 天溯计量（301449.SZ）今日收报75.83元，跌幅24.93%。 天溯计量12月23日在深交所创业板上市，本次发行股份数量为1,630.4348万股，占本次发行后总股 本的25.00%，全部为新股发行，原股东不公开发售股份，本次发行价格为36.80元/股。天溯计量的保荐 机构（主承销商）是招商证券股份有限公司，保荐代表人是罗政、徐国振。 公司最终募集资金净额比原计划多10073.23万元。天溯计量2025年12月18日发布的首次公开发行股 票并在创业板上市招股说明书显示，公司拟募集资金42,389.91万元，用于深圳总部计量检测能力提升项 目、区域计量检测实验室建设项目、数字化中心建设项目、补充流动资金。 (责任编辑：华青剑) 天溯计量本次发行募集资金总额60,000.00万元，扣除发行费用7,536.86万元（不含增值税）后，募 集资金净额为52,463.14万元。其中，承销和保荐费用4,560.00万元。 ...

Core Viewpoint - Shenzhen TianSu Measurement and Testing Co., Ltd. has successfully listed on the ChiNext board, becoming the first A-share listed company in China primarily engaged in measurement calibration, marking a significant breakthrough in the technology service industry in Longgang District [1][3]. Company Overview - TianSu Measurement was established in 2009 and is a national, comprehensive independent third-party measurement and testing service provider, focusing on measurement calibration and new energy testing [3]. - The company has developed calibration capabilities across ten fields, including geometric, thermal, mechanical, electromagnetic, radio, time and frequency, acoustics, optics, chemistry, and ionizing radiation, covering a total of 1,417 calibration capabilities [3]. - TianSu Measurement holds 133 patents (including 43 invention patents) and 97 software copyrights, and has led or participated in the formulation of 78 standards and 9 measurement technical specifications, including 16 national standards [3]. Industry Significance - Measurement is a crucial industrial technology foundation that drives high-quality development in manufacturing and enhances core competitiveness [3]. - The successful listing of TianSu Measurement adds strength to the Longgang District's listing group, which has seen two new companies listed in 2025, tying for the highest increase in the city [4]. Regional Development - Longgang District has cultivated 49 listed companies and is committed to creating a modern urban area characterized by opportunities and quality living [4]. - The district has established a resource pool of over 100 companies for potential listings and provides tiered, differentiated support services based on the development stage and listing process of companies [5]. - Longgang District has implemented a comprehensive service mechanism for prospective listed companies, including training, compliance checks, and financing connections, enhancing the overall business environment [5].

Core Viewpoint - Shenzhen Tiansu Measurement and Testing Co., Ltd. officially listed on the Shenzhen Stock Exchange's ChiNext board, marking a new phase of capital empowerment for the company [1][2] Group 1: Company Overview - Tiansu Measurement is a national, comprehensive independent third-party measurement and testing service provider, with services including calibration, testing, and certification [1] - The company serves a wide range of clients across key sectors of the national economy, including biomedicine, automotive, new energy, rail transportation, energy and power, light industry, and equipment manufacturing [1] Group 2: Financial Performance - On its first day of trading, Tiansu Measurement's stock opened with a remarkable increase of 113.32%, with an issuance price of 36.80 yuan per share and a total issuance of approximately 16.30 million shares [1] - The revenue from the new energy battery testing business is projected to grow from 52.54 million yuan in 2022 to 113.14 million yuan in 2024, reflecting a compound annual growth rate of 46.75% [3] Group 3: Strategic Initiatives - The funds raised from the IPO will be used to enhance measurement and testing capabilities, build regional laboratories, establish a digital center, and supplement working capital [1] - The company has proactively developed battery testing services since 2018, investing significantly in capabilities covering 84 major testing items [2] - Tiansu Measurement aims to leverage new technologies such as the Internet, big data, and automation to enhance its core competitiveness in smart measurement and new energy testing [3] Group 4: Industry Context - The measurement and testing industry is experiencing increased attention from the government, with a notable rise in industry concentration benefiting leading companies like Tiansu Measurement [2] - The company is well-positioned to benefit from the ongoing industry upgrades driven by policy support and market demand [3]

Core Viewpoint - C Tian Su (301449) experienced a significant increase of 174.48% on its first trading day, with a turnover rate of 84.79% and a transaction volume of 1.019 billion yuan [2]. Group 1: Stock Performance - On its debut, C Tian Su's financing buy-in amounted to 38.75 million yuan, representing 3.80% of the total trading volume for the day [2]. - The latest financing balance for C Tian Su stands at 36.14 million yuan, which is 2.57% of its circulating market value [2]. - The stock saw a net inflow of 284 million yuan from major funds on its first trading day, with large orders contributing 116 million yuan and extra-large orders adding 166 million yuan [3]. Group 2: Trading Details - The top five trading departments on the stock's first day had a combined transaction volume of 104 million yuan, with a buying transaction amount of 81.31 million yuan and a selling transaction amount of 22.76 million yuan, resulting in a net purchase of 58.55 million yuan [3]. - One institutional special seat was listed among the top trading departments, with a total net sell of 5.60 million yuan [3].

Group 1 - The largest net selling amount of Tian Su was 5.5971 million yuan, with one institutional proprietary seat involved in the transaction [1] - The stock closed at 101.01 yuan, reflecting a significant increase of 174.48% [2] - The total trading volume for Tian Su was 101.8662 million yuan, with a net selling amount of 559.71 thousand yuan [2] Group 2 - The top five buying entities included multiple branches of Dongfang Caifu Securities, with the largest purchase amounting to 19.5588 million yuan, accounting for 1.92% of total trading [3] - The largest selling entity was an institutional proprietary seat, which sold 5.5971 million yuan, representing 0.55% of total trading [3] - The buying and selling activities were concentrated among several branches of Dongfang Caifu Securities, indicating a high level of trading activity [3]

创业板新股C天溯（301449）上市首日收盘上涨174.48%，一机构上榜龙虎榜，净卖出559.71万元。 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买1 | 东方财富证券股份有限公司拉萨团结路第一证券营业部 | 1955.88 | 310.81 | | 买2 | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 1735.71 | 364.86 | | 买3 | 东方财富证券股份有限公司拉萨东环路第一证券营业部 | 1673.18 | 318.89 | | 买4 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | 1634.22 | 493.98 | | 买5 | 东方财富证券股份有限公司拉萨金融城南环路证券营业 | 1132.24 | 227.86 | | 部 | | | | | 卖1 | - 机构专用 | | 559.71 | | 卖2 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | 1634.22 | 493.98 | | 卖3 | 东方财富证券股份有限公司拉萨东 ...

Market Overview - The Shanghai Composite Index rose by 0.07% on December 23, with nine sectors experiencing gains, led by the power equipment and building materials sectors, which increased by 1.12% and 0.88% respectively [1] - The social services sector had the largest decline, falling by 2.07%, followed by the beauty care sector, which decreased by 1.65% [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 44.851 billion yuan, with only four sectors seeing net inflows [1] - The power equipment sector led the net inflow with 3.793 billion yuan, while the basic chemicals sector saw a modest increase of 0.22% with a net inflow of 1.002 billion yuan [1] Social Services Sector Performance - The social services sector experienced a net outflow of 767 million yuan, with 80 stocks in the sector, of which only nine rose and one hit the daily limit [2] - The top three stocks with the highest net outflows included Caesar Travel with 207 million yuan, Songcheng Performance with 88.471 million yuan, and Changbai Mountain with 74.245 million yuan [2] Notable Stocks in Social Services Sector - C Tian Su led the net inflow in the social services sector with 284.163 million yuan, followed by Dou Shen Education and China Youth Travel with net inflows of 19.271 million yuan and 12.240 million yuan respectively [4] - The stocks with significant declines included Xi'an Catering down by 5.34%, and Changbai Mountain down by 3.57% [2][3]