IPO周报：荣信汇科“二闯”科创板，沐曦股份将于12月5日申购

Group 1 - During the week of November 24 to November 30, three new IPO applications were accepted by the Shanghai and Shenzhen Stock Exchanges, with two approved, one postponed, and two terminated [1] - The three new IPO applications included two from the Shenzhen Stock Exchange and one from the Shanghai Stock Exchange, with a total of 26 IPO applications accepted since the second half of the year [1] - The two companies that terminated their reviews were Xinqiang Electronics and Suzhou Jiangtian Packaging Technology, with Xinqiang Electronics having a cash dividend of 181 million yuan during the reporting period [1][4] Group 2 - Rongxin Huike Electric Co., Ltd. is making its second attempt to apply for an IPO on the Sci-Tech Innovation Board, having previously withdrawn its application due to information disclosure violations [2] - The company aims to raise 977 million yuan for projects related to offshore wind power and green low-carbon flexible power equipment [2] - Rongxin Huike's financial performance has shown significant volatility, with revenues and net profits fluctuating greatly during the reporting period [3] Group 3 - Xinqiang Electronics withdrew its IPO application within six months, with a reported revenue of 869 million yuan in 2022 and a net profit of 84.98 million yuan [4][5] - The company has a high cash dividend amounting to 181 million yuan over two years, indicating strong cash flow [5] - The actual controller of Xinqiang Electronics holds a significant share, raising concerns about potential improper control [5] Group 4 - YD Chemical Machinery Co., Ltd. had its IPO review postponed due to inquiries regarding revenue recognition and the stability of its operating performance [1][6] - MoreThread has completed its subscription and is in the countdown to listing, with a share price of 114.28 yuan and a total issuance of 70 million shares [7] - Muxi Co., Ltd. is set to begin its subscription process on December 5, with 40.1 million new shares being issued [7]