Workflow
特高压电磁线龙头,今日申购!
证券时报·2025-08-11 00:27

Core Viewpoint - The overall performance of newly listed stocks on the Beijing Stock Exchange (BSE) has been impressive, with an average first-day increase of 338% for eight new stocks listed this year [1]. Group 1: New Stock Performance - Eight new stocks have been listed on the BSE since the beginning of the year, with significant first-day gains [1]. - Notable first-day increases include Dingjia Precision at 479.12%, Guangxin Technology at 500%, Tiangong Co. at 411.93%, and Xingtum Control at 407.23% [1]. Group 2: Hongyuan Co. Overview - Hongyuan Co. is set to be the only new stock available for subscription in the A-share market for the week of August 11-15, with a subscription price of 9.17 yuan per share and a single account subscription limit of 145.73 million shares [2][3]. - The company specializes in the research, production, and sales of electromagnetic wires, which are essential components in high-voltage and ultra-high-voltage transformers [3]. Group 3: Market Position and Applications - Hongyuan Co. has established itself as a leader in the domestic market for ultra/high voltage transformer electromagnetic wires, having achieved significant milestones in the application of these products in ultra/high voltage fields [3]. - The company's products are widely used in major ultra/high voltage transmission projects in China, indicating a strong market presence [3]. Group 4: Clientele and International Reach - The company serves major clients in the power transmission and transformation sector, including TBEA, China XD Group, and others, while also exporting to countries such as Turkey, North America, and Egypt [4]. - Hongyuan Co. is also expanding into the new energy sector, focusing on developing electromagnetic wires for high-power drive motors used in electric vehicles [4]. Group 5: Financial Performance and Future Plans - The projected revenues for Hongyuan Co. from 2022 to 2024 are 1.31 billion yuan, 1.461 billion yuan, and 2.072 billion yuan, respectively, with net profits expected to grow from 50 million yuan to 101 million yuan [4]. - The funds raised from the current offering will be invested in upgrading production lines, expanding production capacity, and establishing a research center for electromagnetic wires [4].