重磅芯片股，来了！

Group 1: New IPOs - Five new stocks are available for subscription from December 8 to December 12, including Youxun Co., Nabaichuan, Yuanchuang Co., Xihua Technology, and Tiansu Measurement [1][23] - Youxun Co. focuses on optical communication front-end transceiver chips, with an issue price of 51.66 yuan per share and a P/E ratio of 60.27 [24][25] - Nabaichuan is a strategic supplier for CATL, specializing in thermal management products for electric vehicle batteries, with an issue price of 22.63 yuan per share and a P/E ratio of 28.70 [28][5] - Yuanchuang Co. is a leading company in the rubber track industry, with an issue price of 24.75 yuan per share and a P/E ratio of 12.93 [32][9] - Xihua Technology is recognized as a national-level "little giant" enterprise, focusing on high-end equipment components, with an issue price and P/E ratio yet to be disclosed [35][12] - Tiansu Measurement is a third-party measurement and testing service provider, with an issue price and P/E ratio yet to be disclosed [38][15] Group 2: Financial Performance - Youxun Co. expects revenue of 475 million to 495 million yuan in 2025, representing a growth of 15.70% to 20.57%, and a net profit of 92 million to 98 million yuan, growing by 18.15% to 25.86% [26][27] - Nabaichuan anticipates 2025 revenue of 1.737 billion yuan, a 20.86% increase, and a net profit of 105 million yuan, up by 9.72% [30][7] - Yuanchuang Co. projects 2025 revenue of 1.414 billion yuan, a 4.82% increase, and a net profit of 157 million yuan, growing by 1.50% [34][11] - Xihua Technology forecasts 2025 revenue between 1.277 billion and 1.354 billion yuan, with a growth rate of 33.74% to 41.85%, and a net profit between 204 million and 217 million yuan, increasing by 43.89% to 52.61% [37][14] - Tiansu Measurement expects 2025 revenue of 865 million to 900 million yuan, with a growth of 8.11% to 12.48%, and a net profit of 120 million to 125 million yuan, increasing by 8.05% to 12.56% [22][21] Group 3: Industry Insights - China is the largest production base for optical devices and modules globally, but optical communication chips remain a weak link in the industry chain [2][24] - Optical communication chips are crucial for amplifying, driving, and processing complex digital signals, directly affecting the performance and reliability of the entire optical communication system [2][24] - The rubber track industry in China is relatively stable, with Yuanchuang Co. being one of the few leading companies, holding the top market share [9][32]