下周审核4家IPO，1家再融资。两家在审期间调减拟募资规模

Summary of Key Points Core Viewpoint The upcoming week (November 10-14) will see the IPO review of four companies aiming to raise a total of 3.669 billion yuan, with some companies adjusting their fundraising targets downward. IPO Review - Four companies are scheduled for IPO review, with a total fundraising target of 3.669 billion yuan [1] - Companies include: - Qiangyi Semiconductor, aiming to raise 1.5 billion yuan [2] - Tongbao Optoelectronics, aiming to raise 330 million yuan [2] - Hengyun Crystal, aiming to raise 1.469 billion yuan after a reduction from 1.55 billion yuan [2][4] - Nongda Technology, aiming to raise 413 million yuan after a reduction from 552 million yuan [4] Fundraising Plans - Hengyun Crystal's fundraising plan includes projects such as: - Semiconductor RF power system industrialization project with a total investment of 1.657 billion yuan, using 1.4 billion yuan from the raised funds [20] - Core component production base for semiconductor and vacuum equipment with a total investment of 6.969 billion yuan, using 6.9 billion yuan from the raised funds [20] - Nongda Technology's projects include: - Production line for 150,000 tons of micro-ecological agents, which was removed from the revised plan [4][21] Company Performance - Qiangyi Semiconductor reported: - Total assets of 1.482 billion yuan as of June 30, 2025 [10] - Net profit of 137.884 million yuan for the first half of 2025 [10] - Revenue of 374.402 million yuan for the first half of 2025 [10] - Tongbao Optoelectronics reported: - Total assets of approximately 1.069 billion yuan as of June 30, 2025 [15] - Net profit of approximately 33.45 million yuan for the first half of 2025 [15] Upcoming Refinance - One company, Huafeng Measurement and Control, is set for a refinancing review, aiming to raise 1 billion yuan through a public convertible bond [6][26]