登录新浪财经APP 搜索【信披】查看更多考评等级 深圳市恒运昌真空技术股份有限公司（以下简称"发行人"或"恒运昌"）首次公开发行人民币普通股（Ａ 股）并在科创板上市（以下简称"本次发行"）的申请于２０２５年１１月１４日经上海证券交易所（以 下简称"上交所"）上市审核委员会审议通过，并已经中国证券监督管理委员会同意注册（证监许可〔２ ０２５〕２６７１号）。 发行人的股票简称为"恒运昌"，扩位简称为"恒运昌股份"，股票代码为"６８８７８５"。 中信证券股份有限公司（以下简称"中信证券"或"保荐人（主承销商）"）担任本次发行的保荐人（主承 销商）。 本次发行采用向参与战略配售的投资者定向配售（以下简称"战略配售"）、网下向符合条件的网下投资 者询价配售（以下简称"网下发行"）、网上向持有上海市场非限售Ａ股股份和非限售存托凭证市值的社 会公众投资者定价发行（以下简称"网上发行"）相结合的方式进行。 发行人与保荐人（主承销商）根据初步询价结果，综合评估公司合理投资价值、同行业上市公司估值水 平、所属行业二级市场估值水平等方面，充分考虑网下投资者有效申购倍数、市场情况、募集资金需求 及承销风险等因素，协商确定本次发行价格 ...

易思维（杭州）科技股份有限公司（以下简称"易思维"、"发行人"或"公司"）首次公开发行股票并在科 创板上市的申请已经上海证券交易所（以下简称"上交所"）上市审核委员会审议通过，并已经中国证券 监督管理委员会（以下简称"中国证监会"）同意注册（证监许可〔2025〕2791号）。《易思维（杭州） 科技股份有限公司首次公开发行股票并在科创板上市招股意向书》及附录在上海证券交易所网站 （http://www.sse.com.cn）和符合中国证监会规定条件网站（中国证券报：https://www.cs.com.cn；上海 证券报：https://www.cnstock.com；证券时报：http://www.stcn.com；证券日报：http://www.zqrb.cn）披 露，并置备于发行人、上交所、本次发行保荐人（主承销商）国投证券股份有限公司的住所，供公众查 阅。 2026年1月23日 发行人：易思维（杭州）科技股份有限公司 保荐人（主承销商）：国投证券股份有限公司 敬请投资者重点关注本次发行流程、网上网下申购及缴款、弃购股份处理等方面，并认真阅读同日披露 于上交所网站和符合中国证监会规定条件网站上的《易思维（ ...

易思维（杭州）科技股份有限公司 首次公开发行股票并在科创板上市 招股意向书附录 国投证券股份有限公司 关于易思维（杭州）科技股份有限公司 首次公开发行股票并在科创板上市的 发行保荐书 保荐机构（主承销商） （深圳市福田区福田街道福华一路 119 号安信金融大厦） 二〇二六年一月 易思维（杭州）科技股份有限公司 发行保荐书 中国证券监督管理委员会、上海证券交易所： 易思维（杭州）科技股份有限公司（以下简称"易思维""发行人"或"公 司"）拟申请首次公开发行股票并在科创板上市（以下简称"本次证券发行"或 "本次发行"），并已聘请国投证券股份有限公司（以下简称"国投证券"）作 为首次公开发行股票并在科创板上市的保荐人（以下简称"保荐机构"或"本机 构"）。 | 序号 | 文件名称 | 页码 | | --- | --- | --- | | 1 | 发行保荐书 | 1 | | 2 | 财务报告及审计报告 | 40 | | 3 | 审阅报告 | 218 | | 4 | 内部控制审计报告 | 244 | | 5 | 经注册会计师鉴证的非经常性损益明细表 | 252 | | 6 | 法律意见书 | 268 | | 7 | 律 ...

联席主承销商：国泰海通证券股份有限公司 发行人：中电科蓝天科技股份有限公司 保荐人（主承销商）：中信建投证券股份有限公司 中电科蓝天科技股份有限公司（以下简称"电科蓝天"、"发行人"或"公司"）首次公开发行人民币普通股 （以下简称"本次发行"）并在科创板上市的申请已经上海证券交易所（以下简称"上交所"）科创板上市 委员会审议通过，并已经中国证券监督管理委员会（以下简称"中国证监会"）同意注册（证监许可 〔2025〕3018号）。《中电科蓝天科技股份有限公司首次公开发行股票并在科创板上市招股意向书》及 附录在上海证券交易所网站（http://www.sse.com.cn/）和符合中国证监会规定条件网站（中证网， https://www.cs.com.cn/；中国证券网，https://www.cnstock.com/；证券时报网，https://www.stcn.com/；证 券日报网，http://www.zqrb.cn/；经济参考网，http://www.jjckb.cn/；金融时报网： https://www.financialnews.com.cn；中国日报网：https://www.chinadail ...

中电科蓝天科技股份有限公司 首次公开发行股票并在科创板上市 招股意向书提示性公告 保荐人（主承销商）：中信建投证券股份有限公司 联席主承销商：国泰海通证券股份有限公司 扫描二维码查阅公告全文 中电科蓝天科技股份有限公司（以下简称"电科蓝天"、"发行人"或" 公司"）首次公开发行人民币普通股（以下简称"本次发行"）并在科创板上 市的申请已经上海证券交易所（以下简称"上交所"）科创板上市委员会审议 通过，并已经中国证券监督管理委员会（以下简称"中国证监会"）同意注册 （证监许可〔2025〕3018号）。《中电科蓝天科技股份有限公司首次公开发行 股票并 在科 创板 上 市招股 意向 书》 及 附录在 上海 证券 交 易所网 站（ http://www.sse.com.cn/ ） 和 符 合 中 国 证 监 会 规 定 条 件 网 站 （ 中 证 网 ， https://www.cs.com.cn/；中国证券网，https://www.cnstock.com/；证券时报网， https://www.stcn.com/ ； 证 券 日 报 网， http://www.zqrb.cn/；经济参考网， http://www ...

首次公开发行股票并在科创板上市 招股说明书提示性公告 深圳市恒运昌真空技术股份有限公司 保荐人（主承销商）：中信证券股份有限公司 扫描二维码查阅公告全文 | | | 发行人：深圳市恒运昌真空技术股份有限公司 保荐人（主承销商）：中信证券股份有限公司 2026 年 1 月 22 日 3 （本页无正文，为《深圳市恒运昌真空技术股份有限公司首次公开发行股票并在 科创板上市招股说明书提示性公告》之签章页） 深圳市恒运昌真空技术股份有限公司 年 月 日 4 深圳市恒运昌真空技术股份有限公司（以下简称"恒运昌""发行人"或 "公司"）首次公开发行人民币普通股（以下简称"本次发行"）并在科创板上 市的申请已经上海证券交易所（以下简称"上交所"）上市审核委员会审议通过， 并已经中国证券监督管理委员会（以下简称"中国证监会"）同意注册（证监许 可〔2025〕2671 号）。《深圳市恒运昌真空技术股份有限公司首次公开发行股 票并在科创板上市招股说明书》在上海证券交易所网站（http://www.sse.com.cn） 和符合中国证监会规定条件网站（上海证券报：https://www.cnstock.com；中国 证券报：http ...

Group 1 - The company, Deep Blue Marine Technology Co., Ltd., known as "the underwater DJI," has submitted its prospectus to the Sci-Tech Innovation Board for an IPO despite ongoing losses and reduced R&D investment [1][3][24] - Established in 2013, the company gained attention for its narrative of breaking foreign monopolies and its involvement in national key projects, positioning itself as a rising star in the capital market [2][24] - However, the company faces multiple challenges, including continuous losses, shrinking R&D investments, product safety incidents, and compliance risks [3][24] Group 2 - Deep Blue's revenue is projected to grow steadily, with expected revenues of 141 million yuan, 235 million yuan, and 251 million yuan from 2022 to 2024, reflecting a compound annual growth rate of 33.23% [4][25] - Despite revenue growth, the company has not achieved profitability, reporting a net loss of 26.29 million yuan in the first half of 2025 and a cumulative undistributed profit of -622 million yuan as of June 2025 [4][25] - To address profitability challenges, Deep Blue opted for the second set of listing standards on the Sci-Tech Innovation Board, which does not require profitability but mandates a market value of at least 1.5 billion yuan and R&D investment accounting for at least 15% of revenue over the last three years [4][25] Group 3 - The company's R&D expenses have shown a significant decline, dropping from 62.29 million yuan in 2022 to 50.53 million yuan in 2024, with the R&D expense ratio decreasing from 44.13% to 20.17% during the same period [5][26] - In the first half of 2025, the R&D expense ratio fell below the critical threshold of 15%, reaching 14.45% [5][27] - The decline in R&D investment is concerning, especially as it may impact the company's ability to meet the cumulative R&D investment ratio required for listing [28] Group 4 - The company's product structure includes three main categories: tethered underwater robots, autonomous underwater robots, and underwater propulsion robots, with the latter being a core product for the consumer market [10][31] - The revenue share from underwater propulsion robots, which was 56.31% in 2022, has significantly decreased, with a 23.87% decline in revenue in 2024 [10][31] - A safety incident involving battery fires in the Mix series underwater propulsion robots has raised concerns about product quality and brand reputation, impacting the company's 2C business growth potential [12][33] Group 5 - Deep Blue's procurement practices have raised questions, particularly regarding the purchase of ROV unmanned boats from a supplier whose main business does not align with ROV production [12][36] - The company's largest customer, Ningbo Xingyu Marine Technology Co., Ltd., is linked to a competitor, raising compliance risk concerns regarding potential collusion in bidding processes [37][42] - The relationship between Deep Blue and its major customers, including shared ownership and participation in joint bids, may lead to scrutiny over compliance and ethical business practices [38][42]

Core Insights - In 2025, a total of 116 new companies are expected to be listed on the Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange, raising a total of 131.77 billion yuan [1] - The Sci-Tech Innovation Board (科创板) will see 19 companies listed, collectively raising 38.06 billion yuan [1] Listing Standards - 11 companies, including Qiangyi Co., Jianxin Superconducting, and Youxun Co., opted for the first set of listing standards, which require a market value of at least 1 billion yuan and positive net profits over the last two years totaling at least 50 million yuan, or a market value of at least 1 billion yuan with positive net profit and revenue of at least 100 million yuan in the last year [1] - Moer Thread chose a higher standard requiring a market value of at least 1.5 billion yuan, with revenue of at least 200 million yuan in the last year and R&D investment accounting for at least 15% of total revenue over the last three years [1] - Companies like Muxi Co., Bai'ao Saitu, and Xian Yicai selected a standard requiring a market value of at least 3 billion yuan and revenue of at least 300 million yuan in the last year [2] Specific Company Listings - Qiangyi Co. raised 2.756 billion yuan, with underwriting fees of 192.05 million yuan, and is categorized under the first standard [3] - Jianxin Superconducting raised 779 million yuan, with underwriting fees of 59.52 million yuan, also under the first standard [3] - Muxi Co. raised 4.197 billion yuan, with underwriting fees of 267.23 million yuan, categorized under the fourth standard [3] - Angrui Micro raised 2.067 billion yuan, with underwriting fees of 114.87 million yuan, meeting the sixth standard [3] - He Yuan Bio and Biobetter both selected the fifth standard, requiring a market value of at least 4 billion yuan and significant regulatory approval for their products [2][3]

Core Viewpoint - Huasheng Radar has submitted its prospectus to the Sci-Tech Innovation Board, aiming to expand its business scale through listing, showcasing strong growth momentum in revenue and net profit over recent years [1][3]. Financial Performance - In 2022, Huasheng Radar reported an operating revenue of 30.427 million yuan, with a net loss of 55.08 million yuan and a non-recurring net profit loss of 56.44 million yuan [1]. - By 2023, the company's revenue increased to 73.22 million yuan, although it still faced a net loss of 53.349 million yuan, indicating a narrowing of losses [1]. - A significant turnaround occurred in 2024, with revenue soaring to 354 million yuan and a net profit of 77.62 million yuan, alongside a non-recurring net profit of 73.11 million yuan, reflecting a successful business model transformation [1]. - For the first half of 2025, the company achieved an operating revenue of 134.046 million yuan, with a net profit of 11.494 million yuan and a non-recurring net profit of 7.19 million yuan, demonstrating continued growth [2]. Capital Market Strategy - The submission of the prospectus marks the beginning of Huasheng Radar's new journey in the capital market, with plans to broaden financing channels, increase R&D investment, and enhance product competitiveness to secure a better position in the competitive market [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 本公司及全体董事、高级管理人员保证信息披露的内容真实、准确、完整、及时，没有虚假记载、误导 性陈述或重大遗漏。 经上海证券交易所（以下简称"上交所"）审核同意，强一半导体（苏州）股份有限公司（以下简称"强 一股份"、"发行人"或"公司"）发行的人民币普通股股票将于2025年12月30日在上海证券交易所科创板 上市，上市公告书全文和首次公开发行股票的招股说明书全文在上交所网站（http://www.sse.com.cn/） 和符合中国证监会规定条件网站（中国证券网：https://www.cnstock.com；中证网： （四）首次公开发行后总股本：12,955.9300万股 （五）首次公开发行股票数量：3,238.9882万股，本次发行全部为新股，无老股转让 二、风险提示 本公司提醒广大投资者注意首次公开发行股票（以下简称"新股"）上市初期的投资风险，广大投资者应 充分了解风险、理性参与新股交易。具体而言，上市初期的风险包括但不限于以下几种： （一）涨跌幅限制放宽 根据《上海证券交易所交易规则》（2023年修订），科创板股票交易实行价格涨跌幅限制，涨跌幅限制 ...