Core Viewpoint - Shenzhen Tiansu Measurement and Testing Co., Ltd. is set to be listed on the Shenzhen Stock Exchange's Growth Enterprise Market on December 23, 2025, with a total share capital of 65,217,392 shares after the public offering [1][8]. Group 1: Listing Information - The stock will be listed on the Shenzhen Stock Exchange's Growth Enterprise Market [4]. - The public offering will consist of 16,304,348 shares, accounting for 25% of the total share capital post-offering [7]. - The offering price is set at 36.8 yuan per share, with a par value of 1 yuan [7]. Group 2: Company Overview - Tiansu Measurement is a national, comprehensive independent third-party measurement and testing service provider, focusing on measurement calibration, testing, and certification services [9]. - The measurement calibration business is a significant revenue source, contributing 91.11%, 87.23%, 85.73%, and 84.05% to the main business revenue over the past four years [9]. - The company has established a grid layout with 27 laboratories nationwide, enabling quick response to customer needs and has long-term partnerships with major corporations like Shougang Group and State Grid [9]. Group 3: Financial Performance - The company has shown consistent revenue growth, with revenues of 726 million yuan, 800 million yuan, and 409 million yuan for the years 2023, 2024, and the first half of 2025, respectively [9]. - The net profit attributable to the parent company for the same periods was 101 million yuan, 111 million yuan, and 55.576 million yuan [9].

从资金流向上来看，当日专业服务板块主力资金净流入1.79亿元，游资资金净流入1804.51万元，散户资 金净流出1.97亿元。专业服务板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 301449 | N天湖 | 101.01 | 174.48% | 11.80万 | | 10.19亿 | | 920122 | 中纺标 | 34.67 | 1.64% | 1.44万 | | 4962.98万 | | 301169 | 零点有数 | 47.91 | 1.46% | 2.21万 | | 1.06亿 | | 300962 | 中金辐照 | 16.40 | 0.43% | 2.45万 | | 4031.74万 | | 003008 | 开普检测 | 22.02 | 0.14% | 1.56万 | | 3414.53万 | | 300012 | 华测检测 | 13.42 | -0.15% | 14.10万 | | 1.90亿 | | 920753 | 天纺标 | 2 ...

Core Viewpoint - Shenzhen Tiansu Measurement and Testing Co., Ltd. has successfully listed on the Shenzhen Stock Exchange's ChiNext board, with a closing price of 101.01 yuan, reflecting a significant increase of 174.48% on its first day of trading [1]. Group 1: Company Overview - Tiansu Measurement is a national, comprehensive independent third-party measurement and testing service provider, focusing on measurement calibration, testing, and certification services [1]. - The company’s major shareholder, Gong Tianbao, holds 33.90 million shares, representing 69.31% of the total share capital, maintaining control over the company [1]. Group 2: Financial Performance - In 2022, 2023, 2024, and the first half of 2025, Tiansu Measurement reported revenues of 597.20 million yuan, 725.71 million yuan, 800.12 million yuan, and 409.14 million yuan, respectively [6]. - The net profit attributable to the parent company for the same periods was 84.39 million yuan, 101.25 million yuan, 111.06 million yuan, and 55.58 million yuan [6]. - For the first nine months of 2025, the company achieved a revenue of 647.90 million yuan, a year-on-year increase of 12.12%, and a net profit of 92.99 million yuan, up 11.62% [9]. Group 3: Fundraising and Use of Proceeds - Tiansu Measurement raised a total of 600 million yuan from its IPO, with a net amount of 524.63 million yuan after deducting issuance costs [3]. - The funds will be allocated to enhance measurement testing capabilities, establish regional testing laboratories, develop a digital center, and supplement working capital [5]. Group 4: Future Projections - The company anticipates achieving revenues between 86.50 million yuan and 90.00 million yuan in 2025, representing a growth of 8.11% to 12.48% compared to 2024 [10]. - The expected net profit for 2025 is projected to be between 12.00 million yuan and 12.50 million yuan, indicating a growth of 8.05% to 12.56% [10].

Group 1 - N Tian Su (301449) was listed today, opening with a rise of 113.32%, and closing with an increase of 174.48%, with a total trading volume of 11.7965 million shares and a turnover of 1.019 billion yuan, resulting in a turnover rate of 84.79% [2] - The company is primarily engaged in measurement calibration, testing, and certification professional technical services [3] - The total issuance volume for the company was 16.3043 million shares, with an online issuance volume of 7.0925 million shares, an issuance price of 36.80 yuan per share, and a price-to-earnings ratio of 21.78 times, compared to the industry average of 35.72 times [3] Group 2 - The first-day performance of newly listed stocks includes N Na Baichuan (301667) with a closing price of 115.00 yuan and a rise of 408.17% with a turnover rate of 86.16%, and N Xi Hua (603248) with a closing price of 36.81 yuan and a rise of 264.46% with a turnover rate of 80.28% [3] - The company's initial fundraising amount was 600 million yuan, primarily allocated to regional measurement testing laboratory construction projects, enhancement of measurement testing capabilities at the Shenzhen headquarters, working capital supplementation, and digital center construction projects [3]

Group 1 - Three newly listed stocks in A-shares experienced significant price increases, with N Nabochuan surging nearly 700%, N Tiansu rising over 270%, and N Xihua increasing over 350%, all triggering temporary trading halts [1][3][4] - N Nabochuan's stock price reached a peak of 120 yuan, with a trading volume exceeding 1.429 billion yuan and a turnover rate of over 85% [1] - N Tiansu, a national independent third-party measurement and testing service provider, saw its stock rise over 270%, with its main business involving calibration, testing, and certification services across various sectors [3] - N Xihua's stock price exceeded 46 yuan, focusing on the research, manufacturing, and sales of specialized components for large high-end equipment, particularly wind power gearboxes [4] Group 2 - N Nabochuan's main products include battery liquid cooling plates, battery integration boxes, fuel vehicle engine radiators, and heaters [1] - N Tiansu serves clients in multiple fields, including biomedicine, automotive, new energy, rail transit, energy power, light industry, and equipment manufacturing [3] - N Xihua is one of the few companies in China that can provide full-process services for wind power gearbox specialized components [4]

Group 1 - N Tian Su (301449) was listed today, opening with a rise of 113.32%, and by the end of the morning session, the increase expanded to 120.65% with a trading volume of 8.309 million shares and a transaction value of 680 million yuan, resulting in a turnover rate of 59.72% [2] - The company’s main business includes measurement calibration, testing, and certification professional technical services [3] - The total issuance amount for the company was 16.3043 million shares, with an online issuance volume of 7.0925 million shares at an issuance price of 36.80 yuan per share, resulting in a price-to-earnings ratio of 21.78, compared to the industry average of 35.72 [3] Group 2 - The company raised a total of 600 million yuan through its initial public offering, with the funds primarily allocated to regional measurement and testing laboratory construction projects, enhancement of measurement and testing capabilities at the Shenzhen headquarters, working capital supplementation, and digital center construction projects [3] - Other newly listed stocks today include N Na Baichuan (301667), which saw a price increase of 215.86% with a turnover rate of 63.59%, and N Xi Hua (603248), which increased by 146.04% with a turnover rate of 50.22% [2][3]

Group 1 - The core point of the article is that N Tian Su has been listed today with an opening price of 78.50 yuan, representing an increase of 113.32% from its issue price [2] - The company specializes in measurement calibration, testing, and certification services [2] - The total number of shares issued by the company is 16.3043 million, with an online issuance of 7.0925 million shares at an issue price of 36.80 yuan per share [2] Group 2 - The company's issue price corresponds to a price-to-earnings (P/E) ratio of 21.78, which is lower than the industry average P/E ratio of 35.72 [2] - The effective number of online subscription accounts reached 13.4351 million, with a final winning rate of 0.0143576528% [2] - The total funds raised from the initial public offering (IPO) amount to 600 million yuan, which will be allocated to various projects including regional measurement testing laboratory construction and digital center development [2]

Group 1 - Three new stocks were listed on the A-share market: Tian Su Measurement (301449), Na Baichuan (301667), and Xi Hua Technology (603248) [1] - Tian Su Measurement opened at 78.5 CNY per share, reflecting a 113.32% increase from its issue price of 36.8 CNY [1] - Na Baichuan opened at 60 CNY per share, showing a significant 165.13% rise from its initial offering price of 22.63 CNY [1] - Xi Hua Technology opened at 28.45 CNY per share, marking an increase of 181.68% from its issue price of 10.1 CNY [1] Group 2 - Tian Su Measurement is a national, comprehensive independent third-party measurement and testing service provider, focusing on calibration, testing, and certification services [1] - Na Baichuan specializes in thermal management products for new energy vehicle power batteries, fuel vehicle power systems, and energy storage batteries, including battery liquid cooling plates and engine radiators [1] - Xi Hua Technology is engaged in the research, manufacturing, and sales of specialized components for large high-end equipment [1]

Core Viewpoint - Tian Su Measurement (301449) successfully listed on the ChiNext board, with a first-day stock price increase of 113.32%, opening at 78.5 CNY per share and achieving a total market value of 5.12 billion CNY [1] Company Overview - Tian Su Measurement is a nationwide, comprehensive independent third-party measurement and testing service provider, specializing in measurement calibration, testing, and certification services [1] - The company's initial offering price was set at 36.8 CNY per share [1]

Group 1 - The core point of the article is the successful listing of the new stock N Tian Su Ji Liang (301449) on the Shenzhen Stock Exchange, which saw a significant opening increase of 113.32% [1] - The stock opened at a price of 78.50 yuan, indicating strong market interest and demand [1] - The current total market capitalization of the company is 5.12 billion yuan, reflecting its initial valuation in the market [1]