New Stock Listings - Hansang Technology (301491) listed at an issue price of 28.91 on August 6, 2025[1] - China Heavy Industry (601989) cash option declaration period from August 13, 2025[1] - China Shipbuilding (600150) buyback request period from August 13 to August 15, 2025[1] Offer and Acquisition Periods - Shenkou Co. (002633) offer period from July 29 to August 27, 2025[1] - ST Kelly (300326) offer period from July 17 to August 15, 2025[1] - Happiness Blue Ocean (300528) announcement on severe abnormal fluctuations[1] Abnormal Fluctuations - Tibet Tourism (600749) reported severe abnormal fluctuations on July 31, 2025[1] - Longyang Electronics (301389) announcement on August 4, 2025[1] - ST Suwu (600200) announcement on August 6, 2025[1] Additional Announcements - ST Dongjing (002199) announcement on August 6, 2025[1] - ST Yashan (000691) announcement on August 5, 2025[1] - ST Huamei (600360) announcement on July 31, 2025[1]

Group 1 - The company N Hansang (301491) was listed today, opening with a significant increase of 216.50%, and the rise expanded to 218.09% by the morning close, with a half-day trading volume of 15.1287 million shares and a transaction amount of 1.444 billion yuan, resulting in a turnover rate of 55.89% [2][3] - The company primarily engages in high-end audio products and audio full-link technology solutions [2] - The total number of shares issued in this offering was 32.25 million, with an online issuance volume of 13.457 million shares, priced at 28.91 yuan per share, and an issuance price-to-earnings ratio of 14.90 times, compared to the industry average of 41.50 times [2] - The final online issuance winning rate was 0.0173328509%, and the total fundraising amount from the initial public offering (IPO) was 932 million yuan [2] - The raised funds will mainly be allocated to smart audio IoT product manufacturing projects, supplementing working capital, an annual production project for 1.5 million sets of high-end audio products, and the research and development of new technologies and products in smart audio and AIoT [2]

【环球网财经综合报道】8月6日，汉桑科技在深交所挂牌上市。截至午间收盘，股价为91.96元/股，上市首个交易日涨幅达218%。 今年3月28日证监会与沪深交易所、证券业协会等多部门分别修订《证券发行与承销管理办法》《首次公开发行证券发行与承销业务实施细则》《首次公 开发行证券网下投资者管理规则》等制度文件，其中新增明确将银行理财产品、保险资产管理产品作为IPO优先配售对象。理财公司列为A类投资者，作 为IPO优先配售对象并与公募基金享受同等政策待遇。目前在中国证券业协会网下投资者名单中，已有9家理财公司注册。（闻辉） 值得注意的是，在汉桑科技配售名单中，出现了理财公司的身影。其中宁银理财理财宁赢平衡增利国企红利混合类日开理财6号和宁赢个股臻选混合类开 放式理财产品1号（最短持有2年）两只产品入围申购名单，申报价格为29.3元，分别申报900万股。 宁银理财近期参与3家公司新股申购，除了汉桑科技外，宁银理财3只产品入围天富龙新股申购名单，价格为25.14元，分别申报1000万股、1260万股和 1260万股。另有2只产品审报广东建科新股申购，价格为7.36元，分别审报3000万股。 ...

Core Viewpoint - Hansang Technology has successfully transitioned from a foreign trade company to a leading provider of comprehensive solutions for high-end audio brands globally, aiming to become a trusted international industry leader [1][4]. Company Development - Founded by Wang Bin, Hansang Technology began its journey in the late 1990s after a pivotal moment when the company decided to produce high-fidelity audio products for an international client after the original manufacturer withdrew [2][3]. - The company has established long-term partnerships with renowned audio brands such as NAD, JBL, and McIntosh, which has contributed to its growth and industry position [3]. Financial Performance - From 2021 to 2024, Hansang Technology's main business revenue showed a growth trajectory: 1.005 billion, 1.374 billion, 1.023 billion, and 1.442 billion yuan, with net profits of 105 million, 188 million, 136 million, and 254 million yuan respectively [4]. - In 2024, the company experienced a revenue growth of over 40% year-on-year, driven by a recovery in the global audio market [4]. International Expansion - Hansang Technology has established subsidiaries in multiple countries, including the United States, Australia, and Denmark, and has set up R&D centers in Nanjing, India, and Denmark to enhance its international presence [5][6]. Technological Advancements - The company has developed three core technology systems in high-performance audio signal processing, audio transmission, and audio system intelligence, achieving industry-leading product performance [6][7]. - R&D expenses from 2021 to 2024 were 53.51 million, 72.42 million, 74.26 million, and 82.87 million yuan, representing 5.25%, 5.22%, 7.20%, and 5.70% of revenue respectively [7]. Strategic Initiatives - Hansang Technology has outlined a "1+2+3+4" development strategy focusing on audio technology, expanding overseas markets, and enhancing domestic brand development [8]. - The company plans to use funds from its IPO to invest in high-end audio product manufacturing and smart audio IoT projects, aiming to strengthen its competitive edge and market presence [9].

- The report tracks the recent performance of the IPO market, focusing on the Sci-Tech Innovation Board (STAR Market), ChiNext, and the Main Board, assuming all stocks are fully subscribed and sold at the average market price on the first day of listing, excluding lock-up restrictions[2][10] - As of August 1, 2025, the IPO yield for a 2 billion A-class account is 1.92%, while for a 10 billion A-class account, it is 0.61%[2][10] - The average first-day increase for STAR Market stocks is 218.45%, and for ChiNext stocks, it is 227.38%, based on the performance of 20 recently listed stocks[2][20] - The median number of valid bidding accounts for STAR Market IPOs is approximately 3,062 for A-class accounts and 1,602 for B-class accounts, while for ChiNext IPOs, the numbers are 3,630 and 2,080, respectively[2][27] - The report calculates the theoretical full subscription income for each stock using the formula: **Full Subscription Quantity = Maximum Subscription Limit × Average Offline Winning Rate** **Full Subscription Income = (First Board Price - Initial Offering Price) × Full Subscription Quantity**[39][42] - The highest full subscription income among recent IPOs is 141.4 million yuan for Huadian New Energy, followed by 44.18 million yuan for Yitang Co., and 17.26 million yuan for Shanda Electric[42][45] - For A-class accounts, the cumulative IPO yield since 2024 is 5.65% for a 2 billion account, while for 2025 alone, it is 1.92%[47][48] - For B-class accounts, the cumulative IPO yield since 2024 is 4.64% for a 2 billion account, while for 2025 alone, it is 1.72%[51][52]

股票简称：汉桑科技 股票代码：301491 汉桑（南京）科技股份有限公司 Hansong (Nanjing) Technology Limited （南京市江宁经济技术开发区康平街 8 号） 首次公开发行股票并在创业板上市 之 上市公告书 保荐人（主承销商） （北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 联席主承销商 （陕西省西安市唐延路 5 号（陕西邮政信息大厦 9-11 层）） 二〇二五年八月 汉桑（南京）科技股份有限公司 上市公告书 特别提示 汉桑（南京）科技股份有限公司（以下简称"汉桑科技"、"本公司"、"公 司"或"发行人"）股票将于 2025 年 8 月 6 日在深圳证券交易所（以下简称"深 交所"）创业板上市。创业板公司具有业绩不稳定、经营风险高、退市风险高等 特点，投资者面临较大的市场风险。投资者应充分了解创业板市场的投资风险及 本公司所披露的风险因素，审慎作出投资决定。 本公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新 股上市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 除非文中另有所指，本上市公告书中所使用的简称或词语含义与《汉桑（南 ...

汉桑（南京）科技股份有限公司 首次公开发行股票并在创业板上市之 上市公告书提示性公告 保荐人（联席主承销商）：中国国际金融股份有限公司 联席主承销商：中邮证券有限责任公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整、及时， 没有虚假记载、误导性陈述或重大遗漏。 经深圳证券交易所审核同意，汉桑（南京）科技股份有限公司（以下简称"汉 桑科技"、"本公司"或"发行人"）发行的人民币普通股股票将于 2025 年 8 月 6 日在深圳证券交易所创业板上市，上市公告书全文和首次公开发行股票并在创业 板上市的招股说明书全文披露于中国证券监督管理委员会指定信息披露网站（全 文网络链接地址：巨潮资讯网，网址 www.cninfo.com.cn；中证网，网址 www.cs.com.cn；中国证券网，网址 www.cnstock.com；证券时报网，网址 www.stcn.com；证券日报网，网址 www.zqrb.cn；经济参考网，网址 www.jjckb.cn； 金 融 时 报 ， 网 址 www.financialnews.com.cn 和 中 国 日 报 网 ， 网 址 www.chinadaily.com. ...

关于汉桑（南京）科技股份有限公司 首次公开发行股票并在创业板上市的 保荐机构及其保荐代表人已根据《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》"）、《首次公开发行股票 注册管理办法》（以下简称"《首发办法》"）、《证券发行上市保荐业务管理办法》《深 圳证券交易所股票发行上市审核业务指引第 2 号——上市保荐书内容与格式》《深圳证 券交易所创业板股票上市规则（2025 年修订）》（以下简称"《创业板上市规则》"） 等有关规定，诚实守信，勤勉尽责，严格按照依法制定的业务规则和行业自律规范出具 本上市保荐书，并保证所出具文件真实、准确、完整。 如无特别说明，本上市保荐书中相关用语具有与《汉桑（南京）科技股份有限公司 首次公开发行股票并在创业板上市招股说明书》中相同的含义。 上市保荐书 保荐人 （北京市朝阳区建国门外大街 1 号国贸大厦 2 座 27 层及 28 层） 二零二五年八月 关于汉桑（南京）科技股份有限公司 首次公开发行股票并在创业板上市的上市保荐书 深圳证券交易所： 汉桑（南京）科技股份有限公司（以下简称"汉桑科技"、"公司"或"发行人"） 拟申请首次 ...

中国 . 北京 建国门北大街 8 号 华润大厦 20 层 邮编: 100005 电话:（010）85191300 传真: （010）85191350 北京市君合律师事务所 关于汉桑（南京）科技股份有限公司 在中国境内首次公开发行的人民币普通股股票 在深圳证券交易所创业板上市的 法律意见 北京市建国门北大街 8 号华润大厦 20 层 邮编：100005 电话：（86-10）8519 1300 传真：（86-10）8519 1350 junhebj@junhe.com 北京市君合律师事务所 关于汉桑（南京）科技股份有限公司 在中国境内首次公开发行的人民币普通股股票 在深圳证券交易所创业板上市的 法律意见 汉桑（南京）科技股份有限公司： 北京市君合律师事务所（以下简称"本所"）接受汉桑（南京）科技股份有 限公司（以下简称"发行人"）的委托，担任发行人首次公开发行 A 股股票（以 下简称"本次发行"）并在深圳证券交易所（以下简称"深交所"）创业板上市（以 下简称"本次上市"，合称为"本次发行及上市"）的特聘法律顾问，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 ...