Xin Lang Zheng Quan·2025-09-09 08:49Company Overview - Full Name: Shenzhen Jundingda New Materials Co., Ltd [1] - Abbreviation: Jundingda [1] - Stock Code: 301538.SZ [1] - IPO Application Date: May 26, 2022 [1] - Listing Date: March 20, 2024 [1] - IPO Auditing Firm: Tianjian Accounting Firm (Special General Partnership) [1] Disclosure and Regulatory Evaluation - Disclosure Issues: The issuer did not disclose whether there were discrepancies between the information disclosed during the NEEQ listing period and the current prospectus; required to supplement the special explanation on compliance with the Growth Enterprise Market positioning [1] - Regulatory Penalties: No penalties imposed [2] - Listing Cycle: Jundingda's listing cycle is 664 days, which is longer than the average of 629.45 days for newly listed A-share companies [2] - Underwriting Fees: The underwriting and sponsorship fees amount to 50.238 million yuan, with a commission rate of 9.00%, higher than the average of 7.71% [3] Market Performance - First Day Performance: The stock price increased by 89.84% on the first day of listing [4] - Three-Month Performance: The stock price rose by 191.60% within three months post-listing [7] Financial Metrics - Issuance Price-Earnings Ratio: Jundingda's issuance P/E ratio is 20.26 times, which is 92.05% of the industry average of 22.01 times [8] - Actual Fundraising: Expected fundraising was 632 million yuan, but actual fundraising was 558 million yuan, a decrease of 11.72% [9] - Short-Term Performance: In 2024, the company's operating income increased by 34.30% year-on-year, net profit attributable to the parent company increased by 26.01%, and non-recurring net profit increased by 25.71% year-on-year [10] Overall Evaluation - Total Score: Jundingda's IPO project received a total score of 82.5, classified as Grade B [11] - Negative Factors: The score was affected by the need for improved disclosure quality, a long listing cycle, high issuance cost ratio, reduced actual fundraising amount, and a subscription abandonment rate of 0.40% [11]