放眼更广阔的商业图景，企业的价值实现有多重维度。上市只是企业发展的一种方式，更重要的是企业能否在专业 领域持续深耕，能否构建独特的竞争优势，能否在时代变革中保持创新活力。这些深层次的追求，往往比上市本身 更能定义企业的未来。 在资本市场的舞台上，企业的上市进程总是牵动人心。这不仅关乎企业自身的发展阶段，也折射出市场对优质企业 的期待与认可。对于关注企业成长的人们而言，上市既是一个里程碑，更是一段新征程的起点。 在当下的市场环境中，投资者展现出更加理性的判断力。他们不仅关注企业的规模与增速，更看重其商业模式的可 持性、创新能力的持续性，以及治理结构的规范性。那些在这些方面表现出色的企业，自然会获得资本市场的青 睐。 对于关注企业发展的各方而言，与其执着于某个具体时点，不如将目光投向更深远的价值创造。企业的真正价值， 不仅体现在是否上市这个形式，更在于其能否持续为行业带来创新，为客户创造价值，为员工提供成长空间。 在创新驱动发展的时代背景下，资本市场始终向优质企业敞开怀抱。那些坚持长期主义、专注主业创新、恪守商业 道德的企业，终将在资本市场上找到属于自己的位置。这个过程需要耐心，也需要各方给予更多的理解与支持。 ...

在物流行业蓬勃发展的当下，世盟股份的上市进程始终是市场关注的焦点。截至2025年11月17日，这家 深耕供应链物流领域的企业，虽已迈过多个关键节点，但尚未正式完成上市。 回溯过往，世盟股份的上市之路可谓稳扎稳打。早在2023年10月26日，其IPO申请便已获得深交所上市 委会议的通过，这一消息无疑为市场注入了一剂强心针。此后，公司并未急于求成，而是选择以更加稳 健的步伐推进后续工作。期间，因财务资料更新等必要程序，其上市进程曾短暂中止，但每一次都能迅 速恢复，展现出强大的执行力和应对能力。 2025年11月13日，世盟股份再次更新提交了相关财务资料，这一动作不仅彰显了其规范运作的决心，也 为后续流程的顺利推进奠定了坚实基础。从受理到问询，再到上市委会议通过，每一步都凝聚着世盟人 的努力与汗水，也见证了其在物流行业的深厚积累与扎实功底。 面对上市这一重要里程碑，世盟股份始终保持着清醒的认知。它深知，上市不仅是资本的融合，更是责 任与担当的升级。因此，在推进上市进程的同时，公司不断优化内部管理、强化风险防控，力求以更稳 健的姿态迎接资本市场的检验。 虽然目前世盟股份尚未正式敲响上市钟声，但市场普遍对其充满信心。凭 ...

企业的发展如同四季更迭，每个阶段都有其独特的韵律与节奏。在资本市场这片沃土上，企业的成长轨 迹往往遵循着内在的发展逻辑，既需要积极进取，也讲究水到渠成。 观察一家企业的上市进程，犹如 欣赏一幅徐徐展开的水墨画。重要的不是某个时间节点的快慢，而是整幅画卷的气韵与格局。那些在专 业领域深耕不辍的企业，其价值终将在适当的时机得到市场的认可。这份认可，既是对过往努力的肯 定，也是未来发展的新起点。从市场发展的规律来看，当前资本市场正展现出更加成熟的姿态。投资者 不再仅仅关注企业的规模与速度，而是更看重其内在品质与发展韧性。那些治理规范、业务扎实、创新 持续的企业，往往能获得市场更长久的青睐。 对于关注企业发展的各方而言，上市进程只是企业发展中的一个环节。比这个环节更重要的，是企业是 否构建了可持续的竞争力，是否在专业领域建立了足够的护城河，是否培育了能够适应市场变化的组织 能力。 在产业升级和创新驱动的大背景下，资本市场始终向优质企业敞开怀抱。那些坚持长期主义、 专注主业创新、恪守商业道德的企业，终将找到最适合自己的发展路径。这个过程需要智慧，也需要各 方给予更多的耐心与理解。 企业的成长是一场没有终点的马拉松。在这 ...

Group 1 - The core viewpoint emphasizes that the process of going public is a natural progression for companies that have established core competencies and stable profit models in their niche markets [1][3] - Companies that focus on their main business, innovate, and maintain sound governance are more likely to find suitable development paths in the capital market [3] - The current market environment sees investors being more rational and pragmatic, valuing both growth potential and sustainable development capabilities of companies [3] Group 2 - The article highlights that the true value of a company lies not just in the timing of its IPO but in its long-term value creation ability [3] - Continuous growth of companies is always worth anticipating, and market attention serves as motivation and encouragement for them [3] - Companies should maintain strategic focus and adhere to their business essence rather than chasing short-term trends, which is crucial for long-term recognition and support [3]

企业的发展轨迹往往遵循着内在的成长逻辑。从初创到成熟，从私募融资到公开上市，每个阶段都在书 写着独特的发展篇章。对于关注企业发展的观察者而言，上市既是里程碑，更是新起点。 在资本市场的广阔天地里，企业的价值终将找到其应有的位置。那些深耕主业、稳健经营的企业，往往 能在适当的时机获得市场的认可。这个过程不仅需要企业做好充分准备，更需要等待最佳的市场窗口 期。 在当前的经济转型期，资本市场正展现出更加理性的面貌。它既欢迎创新型企业带来的活力，也珍视稳 健企业的持久价值。这种多元化的市场生态，为各类优质企业提供了广阔的发展空间。 观察这家企业的发展路径，可见其始终保持着从容不迫的步调。它不追逐短期热点，而是专注于构建可 持续发展的核心竞争力。这种经营智慧，恰如园丁培育苗木，懂得在合适的季节做恰当的事，让成长自 然而然地发生。 企业的成长是一场永不停歇的修行。无论是否达成上市目标，坚持商业本真、恪守专业精神的企业，终 将在时间的沉淀中展现其独特价值。这份价值，不仅会获得市场的认可，更会赢得时代的尊重。 对于关注企业发展的各方而言，上市时点的选择蕴含着深刻的商业智慧。有时，暂缓脚步是为了更好地 蓄力；有时，加速前进是为 ...

Core Insights - The company, Shimon Co., is making significant progress towards its IPO, having submitted its application in March 2023 and successfully passing the Shenzhen Stock Exchange's listing committee review in October 2023 [1][3] - The journey to listing has faced challenges, including a temporary halt in the review process due to outdated financial documents, which the company promptly updated and resubmitted [1] - Shimon Co. has built a strong reputation in the supply chain logistics sector through customized and integrated service models, gaining the trust of numerous multinational manufacturing companies [3] Company Developments - The company has updated its financial documents and is steadily advancing in the listing review process, enhancing the certainty of its IPO aspirations [3] - Successful collaboration with multinational firms has not only provided stable revenue but also established a positive market reputation for the company [3] - The anticipated IPO is expected to open up broader development opportunities and growth potential for the company in the logistics industry [3]

沪深两市 辅导备案登记受理 | 11月10日-11月18日，有15家公司境内（沪深两市）发行上市辅导备案登记获受理。 | | --- | | | | 辅导备案登记受理 | | | | --- | --- | --- | --- | --- | | | 序号 辅导备案日期 | 企业名称 | 行业 | 保荐机构 | | | 1 11 10 10 1 | 湖南星邦智能装备股份有限公司 | 专用设备制造业 | 华泰联合证券 | | 2 | 11月10日 | 联通智网科技股份有限公司 | 软件和信息技术服务业 | 中金公司 | | 3 | 11月10日 | 力高新能源技术股份有限公司 | 电气机械和器材制造业 | 中信建投证券 | | র্ব | 11月10日 | 深圳市艺感科技股份有限公司 | 计算机、通信和其他电子设备制造业 | 广发证券 | | 5 | 11月11日 | 株洲科能新材料股份有限公司 | 有色金属冶炼和压延加工业 | 申清证券 | | 6 | 11月12日 | 弥费科技(上海)股份有限公司 | 专用设备制造业 | 本市西明止劳 | | 7 | 11月12日 | 苏州维嘉科技股份有限公司 | 专用设备 ...

为促成新加坡上市，公司建议进行配售事项，以发行及配发将于新交所凯利板上市及买卖的新股份。于 2025年11月17日，该公司拟与配售代理订立配售授权，拟透过配售代理配售最多3510万股配售股份，每 股配售价将不低于2.335港元。假设所有配售股份均按最低配售价获悉数配售，净筹约7909万港元。 星谦发展(00640)公布，于本公告日期，建议新加坡上市已进入后期阶段，公司已准备进行配售事项， 该配售事项为新加坡上市的重要部分，而配售股份一经发行将于配售事项完成后在新交所凯利板买卖， 惟须待最终发售文件注册后方告作实。待发售文件所载新加坡上市的条件(包括配售事项的完成)达成 后，新加坡上市预期将于2025年年底前进行。 ...

Core Viewpoint - Luckin Coffee, after overcoming a significant financial scandal, is planning to return to the U.S. capital market with a strong operational performance and a large number of stores [3][4][6]. Group 1: Company Background - Luckin Coffee was founded in 2017 and quickly reached a valuation of $4 billion within two years through aggressive subsidies and rapid store openings [3]. - The company went public on NASDAQ in May 2019, achieving the fastest IPO record globally [3]. - In 2020, Luckin faced a financial scandal, admitting to fabricating transactions and inflating sales figures, leading to an 80% drop in stock price and eventual delisting from NASDAQ [4]. Group 2: Financial Performance - As of Q2 2025, Luckin reported total net revenue of 12.359 billion yuan, a year-on-year increase of 47.1%, and a net profit of 1.251 billion yuan, up 43.6% [6]. - The company has expanded internationally, entering markets in Singapore, Malaysia, and the U.S., with a total of 89 overseas stores and 26,206 global stores as of the end of Q2 [6]. - Luckin aims for annual revenue exceeding 50 billion yuan in 2025 [6]. Group 3: Market Position - Luckin Coffee has become a leading player in the Chinese coffee market, holding approximately 35% market share, significantly ahead of Starbucks at 14% and Luckin's competitor, Kudi Coffee, at 18% [7]. - The rise of local coffee brands, such as Manner and Lucky Coffee, poses competitive pressure on Luckin, particularly in urban areas and lower-tier markets [8]. Group 4: Management and Governance - The company appointed a new CFO, Ms. An Jing, who has over 17 years of experience in finance and management, particularly in technology companies [9][11]. - To successfully return to the U.S. market, Luckin must meet stringent auditing and internal control requirements set by the PCAOB, which will be crucial for rebuilding investor confidence [11].

Core Viewpoint - Jianghehui, a major shareholder of Qianli Technology, plans to reduce its stake by up to 90.42 million shares, representing 2% of the company's total share capital, through block trading to attract potential quality investors [1][2]. Group 1: Shareholder Reduction Plan - Jianghehui holds 900 million shares of Qianli Technology, accounting for 19.91% of the total share capital [1]. - The reduction plan will be implemented within three months after the announcement, starting 15 trading days post-disclosure [1]. - Jianghehui will not conduct any reductions through centralized bidding during this period [1]. Group 2: Company Financial Performance - Qianli Technology reported a total revenue of 6.946 billion yuan for the first three quarters of the year, a year-on-year increase of 44.27% [3]. - The net profit attributable to shareholders for the same period was 53.28 million yuan, up 33.37% year-on-year, while the non-recurring net profit showed a loss of 176 million yuan [3]. - The increase in net profit is attributed to higher government subsidies and foreign exchange gains [3]. Group 3: Sales and Production Data - In the first ten months of the year, Qianli Technology sold a total of 81,053 vehicles, marking a year-on-year growth of 97.97% [3]. - The company sold 2,090 new energy vehicles in October, a year-on-year increase of 15.34%, with cumulative sales of 28,577 new energy vehicles for the year, up 62.07% [3]. - The total vehicle production for the same period was 6,517 units [3].