新股周报：IPO过会破冰，近端次新股跟随指数缩量回调

IPO Overview - As of May 31, only one company, Wanda Bearing, was listed this week, with a first-day price change of 5.05%[68] - In the period from April 26 to May 26, the highest first-day increase among newly listed stocks was 169.48% for Oulai New Materials[5] - The average weekly price change for two recently listed stocks was -5.92%, indicating a continued decrease in trading volume[5] Market Conditions - The IPO progress is below expectations, with risks from stock volatility and macroeconomic uncertainties highlighted[6] - As of May 31, there are 35 companies completed registration waiting to be listed, with 1 company in the issuance stage and 2 companies in the issued but not listed stage[38] Financial Performance - Wanda Bearing's first-day increase was 227.77%, with a total price change of 5.05% since listing[70] - Lian Technology, a precision injection molding manufacturer, has an issuance price of 28.30 CNY, with a market value of 1.592 billion CNY and a PE ratio of 22.40X[31] - Huicheng Vacuum, a vacuum coating equipment manufacturer, reported a revenue of 5.22 billion CNY in 2023, with a net profit of 0.81 billion CNY[32] Industry Insights - The domestic plastic products industry is maturing, with a significant market demand for injection molding products expected to grow[57] - The vacuum coating equipment manufacturing sector is experiencing rapid growth, driven by expanding applications in electronics and other high-end industries[60]