5月13日，证券时报记者获悉，江苏近日印发深入推进专精特新企业培育三年行动计划暨《关于进一步 支持专精特新中小企业高质量发展的若干政策措施》，该措施包含创新能力、融资、数字化以及绿色化 国际化四个方面共14条具体政策。 在通过关键核心技术研发、科技成果推广等方式提升创新能力方面，江苏提出要建立企业研发载体，支 持专精特新中小企业建立企业技术中心、工业设计中心、中试平台等各类企业研发载体，积极创建国家 级研发载体。 其次，降低融资门槛。扩大江苏省制造业贷款财政贴息政策支持范围，对专精特新中小企业进行倾斜支 持，将专精特新中小企业都纳入贴息范围，不局限于制造业。用好用足省普惠金融发展风险补偿基金产 品"专精特新贷"，新增100亿贷款规模，为符合条件的企业提供低门槛、低成本、中长期资金。发挥省 级政府性融资再担保机构作用，带动合作体系内融资担保机构加大对专精特新中小企业支持力度，对专 精特新中小企业平均担保费率降至1%以下。 此外，还要做好培育服务，深化投融资对接活动，助力加速专精特新中小企业上市进程。发挥区域性股 权市场入板企业申请"新三板"挂牌"绿色通道"及"公示审核"等机制作用，提高企业申报挂牌效率。 江苏还 ...

Market Overview - On May 13, the A-share market experienced fluctuations, with the Shanghai Composite Index slightly up by 0.08% and the Shenzhen Component Index down by 0.24% [2] - The total market turnover reached 907.21 billion yuan, an increase of 43.4 billion yuan from the previous day, with 1,714 stocks rising and 3,475 falling [3] Sector Performance - The beauty care, banking, coal, and home furnishing sectors showed positive performance, while the military industry sector experienced a notable pullback [4] - The banking sector saw a rise of 1.15%, with significant gains in individual bank stocks [5] Banking Sector Highlights - Major banks such as Chongqing Bank and Shanghai Bank saw their stock prices increase by over 3%, with several banks reaching historical highs [7] - The A-share banking sector's dividend yield reached 6.69% over the past 12 months, making it attractive to institutional investors seeking high dividends and stability [8] Consumer Sector Activity - The consumer sector was active, particularly in the beauty care segment, with stocks like Qingdao Kingking and Lafang Home reaching their daily limit [9] - In the textile and apparel sector, stocks such as Kute Intelligent and Shengtai Group also hit their daily limit [11] Military Industry Sector - Following a previous surge, the military industry sector collectively retreated, with significant declines in stocks like Aopu Optoelectronics and Guobang Electronics [13] New Listing: Tiangong Co., Ltd. - Tiangong Co., Ltd. (N Tiangong) debuted on the Beijing Stock Exchange, with its stock price peaking at 23.6 yuan, reflecting a rise of 498.98% at one point [15] - The company specializes in the production and sales of titanium and titanium alloy materials, with a total market capitalization of 13.236 billion yuan at midday [15]

5月13日，江苏天工科技股份有限公司(证券简称：天工股份，证券代码：920068)成功登陆北交所，全景网对上市仪式进行了全程直播。江苏省镇江市委常 委、副市长周凯，江苏天工科技股份有限公司董事长朱泽峰，申万宏源证券（000562）有限公司执行委员会成员、投资银行业务委员会主任张翼飞，南京钢 铁股份有限公司董事长黄一新等领导嘉宾齐聚一堂，共同见证这一历史性时刻，并发表了精彩致辞。 申万宏源证券有限公司执行委员会成员、投资银行业务委员会主任张翼飞在致辞中，回顾了与天工股份多年来的合作历程。他表示，申万宏源见证了天工股 份在行业中的快速发展和不断突破。我们深知，这次上市不仅仅是企业发展的新阶段，更是天工股份持续创新、迈向更高目标的新起点。在未来的发展中， 我们相信天工股份能够继续充分利用资本市场的优势，优化资源配置，提升核心竞争力。 南京钢铁股份有限公司董事长黄一新在致辞中，表达了对天工股份未来的坚定信心。他表示，站在北交所这一全新的起点上，南钢集团将以"全方位资本赋 能、全链条产业协同、全要素资源支持"为有力抓手，全力支持天工股份做强主业、做大产业。助力天工在技术创新、高端制造、全球布局等方面实现新的 突破，让" ...

业务方面，天工股份与苹果供应链企业常州索罗曼深度合作。据华金证券研报，2022年常州索罗曼被纳 入苹果供应链；相应的，公司于2022年11月开始向常州索罗曼批量供应消费电子用钛合金线材，常州索 罗曼也自2022年成为公司第一大客户；2023年起，受益于钛金属在消费电子领域开启的大规模应用，公 5月13日，有一只新股上市，为北交所的天工股份（920068.BJ）。 天工股份主要从事钛及钛合金材料的研发、生产与销售，产品以板材、管材、线材等形式广泛应用于化 工、消费电子等领域。公司为国家级专精特新"小巨人"企业、高新技术企业。 | 今日上市 | | | | | --- | --- | --- | --- | | 920068.BJ 天工股份 | | | | | 发行价(元/股) 机构报价(元/股) | | 市值(亿元) | 所属行业 | | 3.94 | | | 有色金属合金制造 | | 发行市盈率 行业市盈率 | | 可比公司 | 可比公司动态市盈率 | | 15.19 17.44 | | 宝钛股份 | 29.67 64.33 | | | | 西部材料 | | | | | 西部超导 | 37.99 | | 业绩 ...

为加快推进"专精特新"企业实现质的有效提升和量的快速增长，提升产业链韧性和竞争力，4月，淮安 市出台《2025年淮安市专精特新企业高质量发展行动方案》。 刘香莉钱馨 聚焦服务保障。持续优化对"专精特新"企业项目核准备案、工程规划等审批程序，进一步提高审批效 率。丰富"淮企小秘书"功能，建立线下线上融合公共服务平台。聚焦政策服务、产业链供应链对接、投 资融资、引才育才等重点方向，构建产业链、创新链、资金链、人才链深度融合的综合服务体系，全方 位服务保障"专精特新"企业培育。 近年来，淮安开展"专精特新"专题巡诊，企业质态不断优化。以新材料、新一代信息技术、新型装备制 造等为主导的"专精特新"企业数占"专精特新"企业总数的80%，充分体现市委、市政府重抓主导产业发 展壮大的工作导向。2024年全市省级及以上"专精特新"企业共实现开票销售710.18亿元，有效带动了全 市中小企业的快速增长。 聚焦靶向培育。该方案聚焦省"1650"产业体系、市"7+3"先进制造业集群和"353"战略性新兴产业集群， 畅通创新型中小企业孵化、入库、评价、成长通道。建立健全国家制造业单项冠军企业、专精特新"小 巨人"企业、"专精特新"中 ...

Company Overview - Tian Gong Co., Ltd. is recognized as a national-level specialized and innovative "little giant" in the titanium alloy sector, primarily engaged in the research, production, and sales of titanium and titanium alloy materials [1][2] - The company processes titanium sponge into various titanium products, including titanium plates, pipes, ingots, and rods, which are widely used in high-tech industries such as consumer electronics, aerospace, marine engineering, chemical energy, biomedical, and 3D printing [1][2] Business Performance - The company has established a deep partnership with Changzhou Soloman, a key player in Apple's supply chain, leading to significant revenue growth [2] - In 2024, sales to Soloman and its affiliates are projected to reach 575 million yuan, a fivefold increase from 2022, with revenue contribution rising from 27.88% to 71.72% [2] - The company is also expanding its product offerings in aerospace and medical applications, having obtained relevant certifications and achieving breakthroughs in high-end applications [2] Industry Insights - The titanium processing industry in China has shown stable growth, with production increasing from 48,600 tons in 2015 to 159,100 tons in 2023, representing a compound annual growth rate (CAGR) of 15.97% [3] - Sales volume in the same period grew from 43,700 tons to 148,400 tons, with a CAGR of 16.51% [3] Financial Performance - The company reported revenues of 383 million yuan, 1.035 billion yuan, and 801 million yuan for the years 2022, 2023, and 2024, with year-on-year growth rates of 35.65%, 170.05%, and -22.59% respectively [3] - Net profit attributable to shareholders was 70 million yuan, 170 million yuan, and 172 million yuan for the same years, with growth rates of 244.00%, 142.57%, and 1.57% respectively [3] IPO and Strategic Investors - Tian Gong Co., Ltd. plans to issue 69 million shares, raising 272 million yuan, with the funds allocated for a project to build a production line for 3,000 tons of high-end titanium and titanium alloy rods and wires [3] - The company has attracted a prestigious group of 12 strategic investors, with 30% of the shares allocated for strategic placement, indicating strong institutional confidence [4] Market Sentiment and Valuation - The company is expected to perform well on its first trading day, with potential price increases based on recent trends in new stock listings [5][6] - The dynamic price-to-earnings ratio at the time of issuance is 14.8 times, significantly lower than the average of 51 times for comparable companies, suggesting a strong valuation advantage [6][7] - The initial offering price of 3.94 yuan is relatively low compared to recent new listings, which may lead to speculative trading [7][8]

北交所策略专题报告 2025 年 05 月 12 日 新一轮北证50成分6月将迎来调整，北证A股整体PE48.96X 北交所研究团队 ——北交所策略专题报告 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 专题：新一轮北证 50 成分预计 6 月将迎来调整，利尔达等 5 家公司或调入 2025 年 6 月第二个周五的下一个交易日（即 6 月 13 日），北证 50 指数样本股将 进行 2025 年第二次调整。我们在剔除上市时长和日均成交额不达标的公司后， 2025 年 1 月 1 日-2025 年 5 月 9 日，按照日均总市值从高往低排序，得出排名前 50 中有 11 家为非北证 50 公司。由于每次调整不超过 10%，按照区间成交额和 市值计算符合指数样本调整规则标准的前 5 家公司或为利尔达、万达轴承、雷 神科技、同惠电子、一诺威，其后备选的 5 家公司为纬达光电、联迪信息、惠丰 钻石、万通液压、佳先股份。而现有北证 50 样本按照日均总市值标准，需剔除 排名靠后的 5 家公司，2025 年 1 月 1 日-2025 年 5 月 9 日，区间日均总市值最低 ...

作为国家级专精特新"小巨人"企业，利德东方坚持创新发展，持续开展关键核心技术攻关，主要产品包括汽车管路、轨道交通类橡胶制品，以 及新能源、航空航天、海洋工程等新兴市场类橡胶管路、密封制品，部分甚至打破了国外技术垄断。近年来，乘着我国汽车工业高速发展"东 风"，利德东方新能源汽车流体管路项目订单源源不断，配套比亚迪、奇瑞、长城等整机厂。 抢抓发展机遇，今年来，利德东方开足马力赶订单，在企业总装厂自动化车间等生产车间里，产线全部全天候满负荷运转。在前不久举行的第 137届广交会第一期现场，公司发布新品——新能源汽车热管理系统空调管总成。据悉，该产品主要配套车型为比亚迪海豹DM-i，将引领企业 业绩持续增长。"今年，我们将继续推动产业升级，争取销售收入实现25%的增幅，确保研发费用占比保持在5%以上，开发更多高性能、高附 加值的新产品，拓展数据中心、新能源、海洋工程、钢铁冶金、矿山石油等领域，扩大商业版图。"公司总经理王春明说。 利德东方一季度"乘风破浪"，是六合企业攀"高"逐"新"实现高质量发展的一个生动缩影。今年，六合把"产业强区 富民强村"作为高质量发展主 题主线，出台了《2025年经济发展提速增效行动方案》 ...

引导和支持专精特新中小企业建设智能制造车间、智能制造工厂，对获批国家卓越级和领航级智能工厂 的专精特新"小巨人"企业给予资金奖励。支持专精特新中小企业建设工业（002265）互联网平台，并纳 入省级重点工业互联网平台综合评价指标体系。通过云服务平台推广专精特新中小企业研发的优质通 用、小快轻准的国产工业软件及配套服务，支持专精特新中小企业使用国产工业操作系统。支持将专精 特新中小企业研发生产的训推一体机纳入智改数转推荐设备清单。 本报讯(记者付奇姚政宇)省政府近日印发《关于进一步支持专精特新中小企业高质量发展的若干政策措 施》，推出4个方面14条举措，进一步加大省制造强省专项资金支持力度，激发涌现更多专精特新中小 企业。措施自今年5月20日起施行，有效期至2028年5月20日。 支持专精特新中小企业建立企业技术中心、工业设计中心、中试平台等各类企业研发载体，积极创建国 家级研发载体。支持专精特新中小企业围绕省"1650"产业体系实施重大技术难题协同攻关项目，牵头或 参与国家攻关任务，牵头或参与起草国际标准、国家标准。推荐支持专精特新中小企业参与首台(套)重 大装备、首版(次)软件产品、首批(次)材料遴选认定。 ...

Core Insights - The overall performance of listed companies in 2024 showed resilience, with a total revenue of 1.71 trillion yuan, a year-on-year increase of 0.88%, and a net profit of 65.58 billion yuan [1] - Nearly half of the listed companies reported net profit growth, with over 20% achieving growth rates exceeding 50% [1] - The average debt financing cost for listed companies decreased from 4.24% to 3.99%, indicating a reduction in financing costs for small and medium-sized enterprises [2] Group 1: Company Performance - As of April 30, 2025, 5,844 listed companies disclosed their annual reports, with significant contributions from companies with net profits exceeding 50 million yuan, accounting for 60% of total profits [1] - In 2024, the average revenue growth rate for private enterprises was 3.15%, surpassing the market average [1] - In the first quarter of 2025, 78 listed companies reported a total revenue of 893.9 million yuan, with 45 companies experiencing revenue growth [1][2] Group 2: Industry Trends - The consumer goods, automotive, and entertainment sectors showed overall positive performance, with the automotive industry experiencing a net profit compound growth rate of 44% over the past two years [2] - The entertainment industry benefited from digital consumption transformation, achieving a net profit growth of 35.11% in 2024 [2] - The transportation sector saw a significant net profit increase of 67.15% in 2024, driven by enhanced consumer travel willingness [2] Group 3: R&D and Innovation - Total R&D investment by listed companies reached 61.016 billion yuan in 2024, maintaining growth for three consecutive years, with an average R&D intensity of 3.57% [4] - More than 30% of listed companies invested over 10 million yuan in R&D, and nearly 20% had an R&D intensity exceeding 10% [4] - The number of national-level specialized and innovative "little giant" enterprises on the New Third Board reached 1,119, accounting for 7.65% of the total [4] Group 4: Market Dynamics - The Beijing Stock Exchange has seen a continuous increase in the number of newly listed companies, with 1,058 added in the past three years [5] - Newly listed companies in 2024 had average revenues and net profits 2.15 times and 5.24 times higher than the overall market, respectively [5] - The total scale of mergers and acquisitions among listed companies reached 8.479 billion yuan in 2024, a year-on-year increase of 34.33% [5]