Group 1 - He Yuan Bio is the first company to initiate the issuance process after the resumption of the fifth listing standard on the Sci-Tech Innovation Board, marking a significant milestone in the new registration of companies in the Sci-Tech Growth Layer [1] - The company has not yet achieved profitability, with projected revenues of 13.40 million yuan, 24.26 million yuan, and 25.22 million yuan for 2022, 2023, and 2024 respectively, showing year-on-year changes of -47.49%, 81.08%, and 3.92% [2] - The net profit attributable to the parent company for the same years is projected to be -143.58 million yuan, -186.96 million yuan, and -151.37 million yuan, with year-on-year changes of -7.12%, -30.22%, and 19.04% [2] Group 2 - Xi'an Yicai is the first unprofitable company accepted by the Shanghai Stock Exchange after the release of the "Eight Articles of the Sci-Tech Board," focusing on the research, production, and sales of 12-inch silicon wafers [2] - The company is projected to be the largest 12-inch silicon wafer manufacturer in mainland China and the sixth globally by the end of 2024, with a monthly average shipment volume and production capacity accounting for approximately 6% and 7% of the global total, respectively [2] - Biobetter, another company adopting the fifth listing standard, has its core product BEBT-908 approved for market release, while other products are still in the research phase and the company is currently unprofitable [2] Group 3 - The valuation of unprofitable companies cannot be calculated using traditional methods; alternative valuation methods include the option pricing model, price-to-sales ratio, and discounted cash flow analysis to capture future growth potential [3] - The China Securities Regulatory Commission announced the resumption of the fifth listing standard for unprofitable companies on June 18, expanding the scope and introducing a trial for professional institutional investors [3] - As of September 17, 475,000 investors have opened trading permissions for the Sci-Tech Growth Layer, with all relevant regulatory rules implemented following the announcement of the "1+6" reform policy [3] Group 4 - Some brokerage firms have completed the optimization of trading apps, with special identifiers for stocks in the Sci-Tech Growth Layer now online [4] - Stocks in this layer will have a "U" added to their abbreviations, while existing stocks will have a "成1" label indicating they are part of the Sci-Tech Growth Layer [4] - Newly registered stocks will have a "成" label, indicating they are newly registered in the Sci-Tech Growth Layer [4]
首批科创成长层新股启动申购 存量企业32家
Sou Hu Cai Jing·2025-10-14 01:51