Core Viewpoint - Xiamen Hengkang New Materials Technology Co., Ltd. (stock code: 688727) was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board, opening at 58.00 yuan and closing at 61.55 yuan, with a significant increase of 310.61% and a total market capitalization of 27.656 billion yuan [1]. Company Overview - Hengkang New Materials focuses on the research and industrial application of key materials in the integrated circuit field, being one of the few domestic companies capable of developing and mass-producing key materials for 12-inch integrated circuit wafer manufacturing [1]. - The company is controlled by Yi Rongkun, who holds a direct voting power of 19.52% and an indirect control of 5.94%, totaling 40.87% voting rights through various agreements and entities [1]. Financial Highlights - The company raised a total of 1.010 billion yuan, with a net amount of 891.73 million yuan, which is 115 million yuan less than the original plan [5]. - The funds will be allocated to the second phase of the integrated circuit precursor project and advanced materials project [5][6]. - The company reported revenues of 321.77 million yuan, 367.71 million yuan, 547.94 million yuan, and 294.34 million yuan for the years 2022, 2023, 2024, and the first half of 2025, respectively [8]. - Net profits for the same periods were 99.73 million yuan, 89.76 million yuan, 96.91 million yuan, and 41.60 million yuan [8]. Project Investment - The total investment for the second phase of the integrated circuit precursor project is 519.11 million yuan, with 399.80 million yuan from the raised funds, while the advanced materials project has a total investment of 909.17 million yuan, with 606.89 million yuan from the raised funds [6]. Revenue and Profit Forecast - For the first nine months of 2025, the company expects revenues between 44 million yuan and 50 million yuan, representing a growth of 12.48% to 27.82% compared to the same period in 2024 [11]. - The net profit attributable to the parent company is projected to be between 62 million yuan and 68 million yuan, indicating a decrease of 11.48% to 2.92% [11].
恒坤新材上市募10亿首日涨311% 前三季扣非净利降2成