北交所周观察第四期：北交所发布三项债券业务指南，首例回购专项贷款落地同力股份

Group 1: Bond Market Developments - The Beijing Stock Exchange (BSE) released three bond business guidelines to enhance the bond market system, including measures for project application, review, and issuance transparency[1] - The financing balance of margin trading on the BSE has exceeded 4 billion yuan for the first time, reaching 4.06 billion yuan, indicating increased investor optimism[26] Group 2: Company Actions and Financial Performance - Tongli Co. plans to repurchase between 5 million and 10 million shares, representing 1.09% to 2.19% of its total share capital, with an estimated total repurchase fund of 75 million to 150 million yuan[24] - Lin Tai New Materials initiated an IPO with an earnings per share (EPS) ratio of 17.94 times, aiming to raise approximately 133 million yuan[30] - In 2023, Lin Tai New Materials achieved revenue of 207 million yuan, a year-on-year increase of 17%, and a net profit of 49.18 million yuan, up 98% year-on-year[34] Group 3: Market Performance Metrics - The overall price-to-earnings (PE) ratio for BSE A-shares remains at 43X, while the average daily trading volume has increased to 34.5 billion yuan, up 2.72% from the previous week[41] - The average first-day gain for newly listed companies in 2024 has risen to 202%, with an average issuance PE of 15.4X[50]