Zheng Quan Shi Bao·2025-11-11 02:40Group 1: Nantong Technology IPO - Nantong Technology has launched its IPO today (November 11), with an issue price of 8.66 yuan and a price-to-earnings ratio of 13.60 times [1] - The company is engaged in the research, production, and sales of precision mechanical components, with a complete production process from mold design to precision machining [1] - Nantong Technology has established stable partnerships with four out of the top five air conditioning compressor manufacturers, including Midea Group and Gree Electric, supplying approximately 13% and 30% of their compressor components, respectively [1] Group 2: Major Asset Restructuring Announcements - Two companies have disclosed major asset restructuring plans and resumed trading, with Victory Co. opening at a limit-up and Lingzhi Software rising over 12% [2][4] - Victory Co. plans to acquire gas-related assets controlled by its major shareholder through a combination of issuing shares and cash payments, which is expected to constitute a significant asset restructuring [2] - Lingzhi Software intends to purchase 100% of the shares of Kaimiride from 20 counterparties, enhancing its capabilities in responding to domestic financial institutions' needs for core system localization and data security [4] Group 3: Margin Financing Trends - As of November 10, the total market margin balance reached 2.48 trillion yuan, an increase of 76.28 billion yuan from the previous trading day [6] - The power equipment sector saw the largest increase in margin financing, up by 31.67 billion yuan, followed by basic chemicals and non-ferrous metals [6] - A total of 568 stocks recorded net margin purchases exceeding 10 million yuan, with 46 stocks having net purchases over 100 million yuan, led by Tianfu Communication with a net purchase of 440 million yuan [6][7]