A股申报热潮来袭：半个月8家公司申报上市，科创板占一半

Core Viewpoint - The A-share market is experiencing a surge in IPO applications, with a total of 8 companies submitting their materials for listing as of June 16, 2025, indicating a robust interest in capital markets [1][3]. Group 1: IPO Applications - As of June 16, 2025, the Shanghai Stock Exchange has accepted listing applications from 6 companies, including 4 on the Sci-Tech Innovation Board and 2 on the Main Board [1]. - On June 13, 2025, three companies submitted their IPO applications to the Shanghai Stock Exchange, including Shanghai ChaoSilicon Semiconductor Co., Ltd., Shenzhen Hengyun Chang Vacuum Technology Co., Ltd., and Guangxi Baifei Dairy Co., Ltd. [3]. - Shanghai Xinmi Technology Co., Ltd. submitted its IPO application for the Sci-Tech Innovation Board on June 16, 2025 [3]. Group 2: Company Profiles - Shanghai Xinmi Technology Co., Ltd. specializes in semiconductor-grade perfluoroether rubber sealing components, providing a full range of vacuum sealing products for semiconductor equipment manufacturers and wafer fabs [5][6]. - The company has achieved significant market presence, ranking third in sales of semiconductor-grade perfluoroether rubber sealing rings in China for 2023 and 2024, and first among domestic companies [6]. - Xinmi's revenue for 2022, 2023, and 2024 was approximately CNY 41.59 million, CNY 130 million, and CNY 208 million, respectively, with net profits of CNY 1.73 million, CNY 36.39 million, and CNY 68.94 million [6]. Group 3: Fundraising Plans - Xinmi plans to raise approximately CNY 785 million through its IPO, which will be allocated to the R&D and industrialization of semiconductor-grade perfluoroether rubber sealing components and the establishment of a research center [7]. - Shanghai ChaoSilicon, also focusing on the semiconductor industry, aims to raise about CNY 4.965 billion for its IPO, with significant portions allocated for expanding production capacity and R&D projects [7]. Group 4: Financial Performance - Shanghai ChaoSilicon reported revenues of approximately CNY 921 million, CNY 928 million, and CNY 1.327 billion for 2022, 2023, and 2024, respectively, but has not yet achieved profitability, with net losses of CNY 803 million, CNY 1.044 billion, and CNY 1.29 billion during the same period [8]. - In contrast, Xinmi's R&D expenditures from 2022 to 2024 were CNY 7.01 million, CNY 14.78 million, and CNY 22.34 million, with a decreasing R&D expense ratio [10].