Core Viewpoint - The company emphasizes the importance of standardization in the development, production, and final products, which is increasingly recognized by the industry as its product range expands and its market position strengthens [1]. Group 1: Company Standards and Achievements - The company has established a series of corporate standards to enhance the standardization of its processes and products [1]. - As of March 2025, the company led the drafting of the "Technical Conditions for Liquid Cooling Plates of Automotive Power Batteries," which was officially released by the China Society of Automotive Engineers on November 29, 2023, under the standard number T/CSAE324-2023 [1].

Core Viewpoint - The company successfully held an online roadshow for its initial public offering (IPO) on the ChiNext board, showcasing advancements in production technology and quality control measures [1] Group 1: Production Technology - The company has independently developed 5-micron level solder powder line equipment and methods, insulation powder spraying technology, and NOCOLOK brazing equipment and methods [1] - Improvements in soldering processes allow the company to recycle solder while enhancing the efficiency and uniformity of product coating, which increases the final product welding rate and reduces energy consumption and processing time [1] - Customized NOCOLOK brazing furnaces and developed brazing process parameters significantly increase the processing quantity per shift, further lowering unit processing costs [1] Group 2: Quality Control - The company is a pioneer in the industry by introducing advanced vacuum box helium automatic detection technology, improving detection precision to 2*10^-8 Pa.M3/s [1] - This technology enhances the overall yield of product sealing effectiveness, ensuring zero leakage of coolant during the warranty period [1] - The leakage evaluation threshold for liquid cooling plate products has been raised to a new standard, reflecting the company's commitment to quality [1]

了解本次路演活动，请点击：https://rs.p5w.net/html/176473293926229.shtml 纳百川新能源股份有限公司首次公开发行股票并在创业板上市网上路演于2025年12月5日（星期五） 14:00-17:00在全景路演成功举行。 路演现场，公司方在回复投资者提问时表示，公司将通过加强销售与服务网络建设，一方面完善公司生 产基地的地理空间布局，贴近服务客户，为客户搭建完善的配套服务体系，实现业务服务、技术支持的 属地化、区域化管理，积极参与客户同步开发，巩固和提升市场占有率和品牌地位，增强公司核心竞争 力；另一方面在保持现有客户群体的基础上，积极发展新的战略客户，以实现公司业务的持续增长。 ...

Core Viewpoint - The company, Nabichuan New Energy Co., Ltd., successfully held an online roadshow for its initial public offering (IPO) on the ChiNext board, emphasizing its commitment to research and development (R&D) innovation and talent acquisition [1] R&D Investment - The company has significantly increased its R&D investment from 34.07 million yuan in 2022 to 10.17 million yuan in the first quarter of 2025, with respective proportions of revenue being 3.30%, 3.87%, 3.77%, and 3.01% [1] - The R&D expenses for the years 2022 to Q1 2025 are as follows: 34.07 million yuan, 43.94 million yuan, 54.11 million yuan, and 10.17 million yuan [1] R&D Achievements - As of March 2025, the company has obtained 20 invention patents and 183 utility model patents, showcasing its focus on innovation [1] - The company engages in collaborative R&D with higher education institutions in addition to its internal R&D efforts [1]

Core Viewpoint - Nanbaichuan New Energy Co., Ltd. is focused on thermal management solutions for new energy vehicles and has successfully launched its IPO on the ChiNext board, aiming to leverage capital market opportunities for future growth [1][3][7]. Company Overview - Established in October 2007, Nanbaichuan specializes in the research, production, and sales of thermal management products for new energy vehicle batteries, fuel vehicle power systems, and energy storage batteries [1]. - The company has developed a strong market presence and technological capabilities, providing solutions across various applications including passenger vehicles, commercial vehicles, engineering machinery, and data centers [1][3]. Leadership and Commitment - The Chairman and General Manager, Chen Rongxian, emphasized the company's dedication to innovation and quality, which has fostered long-term relationships with high-quality clients [3]. - The company is positioned to benefit from the green and low-carbon development trends, viewing its entry into the capital market as a significant opportunity for expansion [3]. Financial and Operational Insights - The company’s financial director, Yuan Houjun, highlighted a stable financial condition and a commitment to regulatory compliance and investor communication [5]. - The IPO aims to raise funds primarily for the construction of a production base for new energy battery thermal management components, which will support capacity expansion and technological upgrades [4][7]. Market Position and Future Plans - Nanbaichuan is recognized as a leading enterprise in the domestic new energy battery thermal management sector, with a strong brand image and customer base [4]. - The company operates three production bases in Zhejiang and Anhui, with plans for further expansion to enhance supply capabilities for core customers [8]. Investor Engagement - The online roadshow included interactive sessions where management addressed investor inquiries regarding business strategies, market competition, and technological advancements [8]. - The company aims to use the IPO as a stepping stone to enhance governance, innovation, and operational efficiency, committing to long-term value creation for investors [9].

Weekly New Stock Performance - Four new stocks were listed from December 15 to December 19, with an average first-day price increase of 342.82%[2] - All four new stocks had first-day gains exceeding 100%, including Yuxun Co. (346.57%), Yuanchuang Co. (171.64%), Muxi Co. (692.95%), and Angrui Micro (160.11%)[2][5] - No new stocks experienced a first-day decline during this period[2] Weekly New Stock Issuance Trends - The total amount raised from new stock issuances last week was 77.82 billion yuan, an increase of 65.15 billion yuan compared to the previous week[4] - The number of new stocks listed last week was four, compared to one the week before[5] Monthly New Stock Overview - From December 1 to December 19, a total of eight new stocks were listed, raising 216.64 billion yuan with a first-day price increase average of 319.27%[11] - The first-day price increase range for these stocks was between 146.63% and 692.95%[11] Upcoming New Stock Listings - Three new stocks are scheduled to be listed this week, including one on the main board and two on the ChiNext board[18] - The expected fundraising amounts for the upcoming listings are 3.24 billion yuan for Hengtong Light, 15.55 billion yuan for Shaanxi Tourism, and 7.28 billion yuan for Xinguangyi[23]

来源：全景财经 纳百川新股发行上市仪式 日 08:42-09:30 纳百川新能源股份有限公司（Rnbc New Energy Co., Ltd.）成立于2007年10月，公司专注从事新能源汽 车动力电池热管理、燃油汽车动力系统热管理及储能电池热管理相关产品的研发、生产和销售，主要产 品包括电池液冷板、电池集成箱体、燃油汽车发动机散热器、加热器暖风等。经过多年的潜心研究和踏 实探索，公司逐渐成长为具备提供移动式热管理（乘用车、运营车、工程机械）、固定式热管理（储 能、移动电源、数据中心）、特殊式热管理（空中交通、船舶）等不同应用场景下的解决方案提供商。 纳百川将于2025年12月23日登陆深交上市交易，全景路演将对上市仪式全程直播，敬请关注。 活动议程 第一环节：贵宾致辞 第二环节：签署《证券上市协议》 第三环节：赠送纪念品 第四环节：敲响开市宝钟 纳百川新股发行上市仪式于2025年12月23日08:42-09:30举行，全景路演全程直播，敬请期待。 活动简介 ...

智通财经APP讯，纳百川(301667.SZ)公告，公司股票将于2025年12月23日在深圳证券交易所创业板上 市。 ...

纳百川（301667）(301667.SZ)公告，公司股票将于2025年12月23日在深圳证券交易所创业板上市。 ...

Group 1 - The company Nanbaichuan New Energy Co., Ltd. will list its A-shares on the Shenzhen Stock Exchange's ChiNext board on December 23, 2025 [1] - The initial public offering (IPO) will consist of 27.9174 million shares, representing 25% of the total share capital after the issuance [2] - The IPO price is set at 22.63 yuan per share, which is below the industry average price-to-earnings (P/E) ratio of 28.71 times as of December 2, 2025 [3][4] Group 2 - The company operates in the automotive manufacturing industry, classified under the national economic industry classification (C36) [3] - The diluted P/E ratio based on the 2024 net profit, excluding non-recurring gains and losses, is 28.70 times, which is lower than the average P/E ratio of comparable companies in the industry [5] - The total share capital after the IPO will be 111.6696 million shares [4]