| 今日申购 | | | | | --- | --- | --- | --- | | 920091.BJ 大鹏工业 | | | | | 发行价(元/股) | 机构报价(元/股) | 市值(亿元) | 所属行业 | | 9.00 | | | 专用设备制造业 | | 发行市盈率 | 行业市盈率 | 可比公司 | 可比公司动态市盈率 | | | | 陈英装备 | 亏损 | | 14.52 | 38.54 | 联测科技 | 25.87 | | | | 巨能股份 | 347.23 | | 业绩情况 | | | | | 3.0 | | | 60% | | 2.5 | | | 50% | | | | | 40% | | 2.0 | | | 30% | | 1.5 | | | 20% | | | | | 10% | | 1.0 | | | 0% | | 0.5 | | | -10% | | | | | -20% | | 0.0 | | | -30% | | 2021年 | 2022年 | 2023年 | 2024年 | | 归母净利润（亿元） | | ■ 营业收入(亿元) -- 归母净利润同比增长率 -- 营收同比增长率 | ...

11月5日，有一只新股申购，为北交所的大鹏工业（920091.BJ），另有一只新股上市，为沪市主板的丰 倍生物（603334.SH）。 一只新股申购 大鹏工业是我国领先的工业精密清洗领域专用智能装备生产商，产品及服务主要应用于车辆动力总成、 新能源三电系统等核心零部件的精密清洗领域，以满足下游客户的精密制造需求。同时，公司积极把握 我国制造业高质量发展趋势，在现有业务技术经验及市场资源等基础上，加速布局机器视觉检测产品， 形成企业发展的第二曲线。 据招股书介绍，大鹏工业的专用智能装备产品主要应用于自动化机加工生产线和装配线上，能与各类加 工设备等机械设备共同组成生产线，使原材料完成预定的加工、装配过程，最终形成合格产品。 其中，公司的工业精密清洗装备主要应用于传统燃油汽车、混合动力车辆的动力总成和新能源车辆"三 电"系统的核心零部件生产线，在清洁度、生产节拍、智能化水平等方面均达到国际领先水平。 丰倍生物（603334.SH），公司成立于2014年，主营业务以废弃油脂资源综合利用业务为主，油脂化学 品业务为辅。 据招股书介绍，丰倍生物的废弃油脂资源综合利用业务主要产品为生物基材料和生物燃料，其中生物基 材料主 ...

Group 1: Dapeng Industrial (920091.BJ) - Dapeng Industrial is a leading manufacturer of specialized intelligent equipment for industrial precision cleaning, primarily serving the automotive and new energy sectors [2][4] - The company aims to leverage its existing technology and market resources to expand into machine vision detection products, creating a second growth curve [2][4] - The initial public offering (IPO) price is set at 9.00 CNY per share, with a projected market capitalization yet to be disclosed [3] - The company has established long-term partnerships with major automotive manufacturers such as BYD, Changan, and Geely, which contributes to its stable customer base [5] - Financial data shows that accounts receivable from 2022 to mid-2025 were 89.63 million CNY, 83.68 million CNY, 130.99 million CNY, and 109.95 million CNY respectively, indicating a significant portion of sales revenue tied up in receivables [5] Group 2: Fengbei Biological (603334.SH) - Fengbei Biological focuses on the comprehensive utilization of waste oil resources, with its main products being bio-based materials and biofuels [6][8] - The IPO price is set at 24.49 CNY per share, with a market capitalization of 3.514 billion CNY [7] - The company has achieved significant growth in revenue, with figures of 1.709 billion CNY, 1.728 billion CNY, and 1.948 billion CNY for 2022 to 2024, reflecting year-on-year growth rates of 31.89%, 1.12%, and 12.75% respectively [9] - Fengbei has established a strong customer base, including global trading firms like TRAFIGURA and CARGILL, enhancing its market position [8] - The company holds 135 patents, including 33 domestic invention patents, indicating a strong focus on innovation [8]

11月5日，有一只新股申购，为北交所的大鹏工业（920091.BJ），另有一只新股上市，为沪市主板的丰 倍生物（603334.SH）。 一只新股申购 客户资源方面，大鹏工业已与包括比亚迪、长安集团、吉利汽车、长城汽车、广汽集团、上汽集团、一 汽集团、东风汽车、中国重汽、洛阳一拖等主流车企（集团）和潍柴动力、东安股份、爱柯迪、文灿股 份、天润工业、陕西法士特、玉柴股份、吉孚传动、小康动力等大型车辆动力总成配套企业建立长期、 稳定的合作关系。 | 今日申购 | | | | | --- | --- | --- | --- | | 920091.BJ 大鹏工业 | | | | | 发行价(元/股) | 机构报价(元/股) | 市值(亿元) | 所属行业 | | 9.00 | | | 专用设备制造业 | | 发行市盈率 | 行业市盈率 | 可比公司 | 可比公司动态市盈率 | | | | 陈英装备 | 亏损 | | 14.52 | 38.54 | 联测科技 | 25.87 | | | | 巨能股份 | 347.23 | | 业绩情况 | | | | | 3.0 | | | 60% | | 2.5 | | | 50% | ...

动力系统上，新车218公里的纯电续航满足日常通勤需求，百公里亏电油耗仅4.9升，混动模式下综合续 航达1163公里。 智能驾驶方面，2026款夏升级搭载天神之眼B-辅助驾驶激光版，支持红绿灯自动启停、窄路会车、自主 上下匝道等功能。其智能泊车系统可应对300多种场景，并支持下车泊入功能。 北京商报讯（记者 蔺雨葳）11月4日，2026款比亚迪夏正式上市。新车共推出4款车型，限时置换价为 19.68万—25.98万元。 ...

智能驾驶辅助系统方面，不同配置有所区分。入门的进取型配备自适应巡航系统；两款超越型搭载"天 神之眼C"辅助驾驶；而顶配卓越型则升级为带激光雷达的"天神之眼B激光版"，支持高速领航辅助和泊 车辅助等功能。 凤凰网科技讯 11月4日，比亚迪（002594）王朝系列旗下的中大型家用豪华 MPV——2026款夏于今日 晚间正式发布。新车主要面向家庭用户，共推出四款车型，提供100公里和218公里两种CLTC纯电续航 版本，补贴后的起售价19.68万元。 新款夏在能耗方面取得了显著进展，其百公里NEDC亏电油耗降至4.9L，官方称其开创了中大型MPV油 耗的"4时代"，综合续航里程可达1163公里。具体价格方面，100KM进取型补贴后售19.68万元；100KM 超越型补贴后售20.98万元；218KM超越型补贴后售23.68万元；顶配的218KM卓越型补贴后售25.98万 元。 2026款夏在乘坐舒适性与安全性上进行了重点升级。新车搭载了云辇-C 智能阻尼车身控制系统（部分 车型带预瞄功能），并全系配备了行业首个全域智能防晕车系统。安全配置上，除了全系标配包括 3.2 米超长侧气帘在内的十个安全气囊外，新车还搭载了 ...

政策 + 赛道 + 大佬齐发力，当下市场风向已变！ 说句大实话，周末的财经圈跟开了闸的洪水似的，全是重磅消息。 黄金政策改了、车企卖爆了、科技公司亏惨了、大佬还在抛股票，每一条都跟咱们的钱袋子息息相关。 今天就用大白话把这些事儿掰扯清楚，全是干货，看完保准你心里有谱。 黄金政策转向，钱要换地儿了 我跟你讲，这次黄金的财税调整可不是闹着玩的，直接戳中了 "炒黄金" 的命门。核心招数特简单：把 投资类实物黄金的增值税抵扣链条给断了。 啥意思呢？以前有人低价买金条，加价卖出去还能抵税，赚的差价更多；现在这路子走不通了，炒实物 黄金的成本一下子就上去了。 你琢磨琢磨，这政策一落地，市场立马就有反应了。 最新数据显示，上海黄金交易所的实物黄金交易量，环比直接降了快 10%。反观黄金 ETF 那边，规模 悄悄涨了 5%，一降一升看得明明白白。 为啥会这样？说白了，政策就是给大家指路子：不鼓励你囤一堆金条在家里等着涨价了，而是让钱流到 更规范的金融产品里。 你发现没，这次调整特意给黄金 ETF 开了绿灯，基本没受影响。这背后的门道其实挺简单，实物黄金 又占地方又有储存成本，想卖的时候还得找地方变现，太麻烦。 要知道现在整体 ...

Group 1 - BYD's October sales of new energy vehicles reached approximately 442,000 units, maintaining its leading position among brands. Cumulative sales for the first ten months of the year reached about 3.702 million units, a year-on-year increase of 13.9%. The annual sales target is 4.6 million units, with a completion rate of approximately 80.5% [1] - Geely's passenger car sales in October were approximately 307,000 units, representing a year-on-year growth of 35%. Cumulative sales for the first ten months reached about 2.477 million units, a year-on-year increase of 44%, with an annual sales target completion rate of approximately 82.6% [1] - SAIC Motor's October sales of self-owned brands were approximately 306,000 units, a year-on-year increase of 22%. Cumulative sales for the first ten months reached about 2.35 million units, a year-on-year increase of 28.3%, accounting for 64.4% of the company's total sales [1] Group 2 - Chery Holding Group's October sales were approximately 281,000 units, a year-on-year increase of 3.3%. Cumulative sales for the first ten months reached about 2.289 million units. The new energy segment sold 110,000 units in October, a year-on-year growth of 54.7% [2] - Changan Automobile's October sales were approximately 278,000 units, a year-on-year increase of 11%. Cumulative sales for the first ten months reached about 2.374 million units, a year-on-year increase of 10.1%, with the new energy segment showing a significant growth of 60.6% [4] - Great Wall Motors reported October sales of approximately 143,000 units, a year-on-year increase of 22.5%. Cumulative sales for the first ten months reached about 1.066 million units, a year-on-year increase of 9.9% [4] Group 3 - The retail market for narrow passenger vehicles in China is expected to reach around 2.2 million units in October, with new energy vehicle retail sales estimated at around 1.32 million units, potentially achieving a penetration rate of 60%, which would be a historical high [6] - Several automakers are initiating year-end sales strategies to meet annual sales targets, including tax subsidy programs to attract consumers before the end of November [6]

Core Viewpoint - BYD is signaling a strong commitment to high-quality development, evidenced by significant revenue growth and increased R&D investment, positioning itself as a leader in the automotive industry [1][4]. Financial Performance - For the first three quarters of 2025, BYD reported revenue of 566.27 billion RMB, a year-on-year increase of 13%, achieving a new high for the same period [1]. - R&D expenses reached 43.75 billion RMB, a substantial increase of 31% compared to the previous year, surpassing the net profit of 23.33 billion RMB [1]. R&D Investment - BYD's cumulative R&D investment has exceeded 220 billion RMB over the past 15 years, with 14 out of those years seeing R&D spending surpass net profit [4]. - The company has established itself as a dual champion in both A-share and the automotive industry in terms of R&D investment, leading competitors by nearly 20 billion RMB [1][4]. Technological Advancements - BYD has made significant breakthroughs in core technologies, including the Tian Shen Zhi Yan driver assistance system and the Super e-platform for fast charging, which have been pivotal in driving industry transformation [4]. - As of September, vehicles equipped with the Tian Shen Zhi Yan system have sold over 1.7 million units, capturing 91.3% of the domestic market [4]. Market Performance - BYD's cumulative sales of new energy vehicles surpassed 14 million units by October 2025, with October alone seeing sales of approximately 441,700 units, setting a new record for the year [4]. - Exports in October reached about 84,000 units, marking a year-on-year increase of 155.5%, with total exports for the first ten months reaching 781,000 units [4]. International Expansion - The growth in overseas markets is driven by increasing demand in regions like Turkey, Brazil, and Europe, alongside improvements in logistics efficiency due to self-built roll-on/roll-off shipping capacity [5]. - BYD showcased its technological prowess and localization capabilities at the Tokyo Motor Show, launching models tailored for the Japanese market, including the K-EV BYD RACCO and the Sea Lion 06DM-i [5][6]. Future Outlook - The company plans to introduce 7 to 8 electric and hybrid models in Japan by 2027, enhancing its local product and channel strategy [5]. - BYD's strategy of high R&D investment is expected to create a virtuous cycle of technological breakthroughs and market feedback, further solidifying its competitive edge in the global automotive industry [6].

Core Viewpoint - BYD is signaling a strong commitment to high-quality development, evidenced by significant revenue growth and increased R&D investment, positioning itself as a leader in the automotive industry [1][4]. Financial Performance - For the first three quarters of 2025, BYD reported revenue of 566.27 billion yuan, a year-on-year increase of 13%, achieving a new record for the same period [1]. - R&D expenses reached 43.75 billion yuan, a substantial increase of 31% compared to the previous year, surpassing the net profit of 23.33 billion yuan [1]. R&D Investment - BYD's cumulative R&D investment has exceeded 220 billion yuan over the past 15 years, with 14 out of those years seeing R&D spending surpass net profit [4]. - The company has maintained a leading position in R&D investment, significantly outpacing competitors like China State Construction, Geely, SAIC, and Chery [1][4]. Technological Advancements - BYD has made significant breakthroughs in core technologies, including the Tian Shen Zhi Yan driver assistance system and the Super e-platform for fast charging [4]. - As of September 2025, vehicles equipped with the Tian Shen Zhi Yan system have sold over 1.7 million units, capturing 91.3% of the domestic market [4]. Market Performance - BYD's cumulative sales of new energy vehicles surpassed 14 million units by October 2025, with October alone seeing sales of approximately 441,700 units, a record for the year [4]. - Exports in October reached about 84,000 units, marking a year-on-year increase of 155.5%, with total exports for the first ten months reaching 781,000 units [4]. International Expansion - The growth in overseas markets is driven by increasing demand in Turkey, Brazil, and Europe, along with improved logistics efficiency from self-built roll-on/roll-off shipping capacity [5]. - BYD's participation in the Tokyo Motor Show showcased its technological capabilities and local innovation, with plans to introduce 7 to 8 electric and hybrid models in Japan by 2027 [5][6]. Commercial Vehicle Strategy - The commercial vehicle segment focuses on customization and globalization, with the global debut of the electric truck T35 and the small electric bus J6 living car concept [6]. - The T35 is designed to meet Japanese market regulations and is set to launch in Japan by 2026, enhancing BYD's presence in the commercial vehicle market [6]. Industry Transformation - The automotive industry is transitioning from electrification to intelligentization, with BYD's high R&D investment being a core strategy to navigate this transformation [6]. - BYD's continuous cycle of R&D investment, technological breakthroughs, and market feedback is expected to further strengthen its competitive edge and contribute to global sustainable mobility solutions [6].