Core Viewpoint - The article discusses the share transfer plan of Biyimi (688045.SH), where shareholder Yuan Chengjun intends to transfer 2,095,134 shares, representing 3.00% of the company's total equity, to institutional investors through a non-public inquiry transfer method [1][2]. Group 1: Share Transfer Details - Yuan Chengjun is transferring a total of 2,095,134 shares, which constitutes 3.00% of Biyimi's total share capital [1]. - The transfer is not conducted through centralized bidding or block trading, and the shares cannot be transferred by the acquirer within six months [1]. - The transfer is aimed at meeting Yuan Chengjun's personal funding needs, as he holds 6,766,185 shares, or 9.69% of the total shares, making him the third-largest shareholder [2]. Group 2: Company Financials and Shareholder Structure - Biyimi was listed on the Shanghai Stock Exchange on May 26, 2022, with an issuance of 17,262,300 shares at a price of 55.15 yuan per share [3]. - The total amount raised from the initial public offering (IPO) was 952.0158 million yuan, with a net amount of 860.7779 million yuan after deducting issuance costs [4]. - The company plans to use the raised funds for the development and industrialization of power management and motor drive control chips, as well as for the establishment of a research and development center [4].

Core Viewpoint - Suzhou Huazhi Jie Telecommunications Co., Ltd. has received approval for its initial public offering (IPO) and listing on the main board of the Shanghai Stock Exchange, with the registration approved by the China Securities Regulatory Commission [1] Summary of Issuance Details - The company is issuing 25 million shares, which represents 25% of the total share capital post-issuance [2] - The offering price is set at RMB 19.88 per share [2] - Senior management and core employees will participate in a strategic placement, acquiring 2.5 million shares, accounting for 10% of the total issuance, with a total subscription amount of RMB 49.7 million [2] - The shares acquired through the asset management plan will have a lock-up period of 12 months from the date of the IPO [2] Financial Metrics - The earnings per share (EPS) before the issuance is calculated based on the net profit attributable to shareholders divided by the total share capital before the issuance [2] - The EPS after the issuance will be calculated similarly, using the total share capital post-issuance [2] - The price-to-earnings (P/E) ratio is determined by the audited net profit attributable to shareholders divided by the total share capital post-issuance [2] - The price-to-book (P/B) ratio is 1.69 times, calculated by the offering price divided by the net asset per share post-issuance [2] Fundraising and Costs - The total amount of funds raised is RMB 497 million [4] - The total issuance costs amount to RMB 52.8356 million, which may be adjusted based on the issuance results [4] - The costs include various fees based on the complexity of legal matters and the service workload [4]

Core Viewpoint - Suzhou Huazhi Jie Telecommunications Co., Ltd. has successfully completed its initial public offering (IPO) and is set to list on the main board, with the issuance approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission [1][2]. Group 1: Issuance Details - The total number of shares for this issuance is 25 million, with an initial strategic placement of 5 million shares, accounting for 20% of the total issuance [2]. - The final strategic placement remains at 5 million shares, with no need for a downward adjustment to the offline issuance [2]. - The issuance price is set at 19.88 yuan per share, with 8 million shares allocated for online issuance on June 10, 2025 [2]. Group 2: Subscription and Allocation - The online issuance received 11,054,785 valid applications, totaling 64,250,198,500 shares, resulting in an initial online winning rate of 0.01245132% [5]. - Due to an oversubscription rate of approximately 8,031.27 times, the company and underwriter decided to implement a mechanism to adjust the allocation, increasing the online issuance to 16 million shares, which is 80% of the adjusted total [5]. - The offline issuance will be reduced to 4 million shares, accounting for 20% of the adjusted total [5]. Group 3: Payment and Compliance - Investors must ensure that their accounts have sufficient funds for the new share subscription by June 12, 2025, or they will be deemed to have forfeited their subscription [3][5]. - Investors who fail to comply with payment obligations may face penalties and be reported to the China Securities Association [5]. - A 10% lock-up period applies to shares, starting from the date of listing on the Shanghai Stock Exchange [4].

Core Viewpoint - Xinhenghui Electronics Co., Ltd. has received approval for its initial public offering (IPO) of A-shares on the ChiNext board, with the underwriting led by Founder Securities [1][2]. Group 1: IPO Details - The company plans to issue a total of 59.88867 million shares, representing approximately 25% of the total post-issue share capital of 239.555467 million shares [1]. - The initial strategic placement will consist of 11.977773 million shares, accounting for 20% of the total issuance [2]. - The offline initial issuance quantity is set at 33.538094 million shares, which is about 70% of the remaining shares after the initial strategic placement [3]. Group 2: Investor Participation - Senior management and core employees are expected to participate in the strategic placement with a maximum subscription of 5.988886 million shares, not exceeding 100 million yuan [2]. - Other strategic placement investors will collectively subscribe for an amount not exceeding 100 million yuan [2]. - The final allocation of shares for strategic placement will be adjusted based on the established reallocation mechanism [2][3]. Group 3: Issuance Process - The issuance will combine strategic placement, offline inquiry-based placement, and online pricing for public investors holding non-restricted A-shares [1]. - The final numbers for offline and online issuance will be confirmed based on the reallocation situation and will be published in the preliminary allocation results announcement on June 13, 2025 [3].

Core Viewpoint - Haiyang Technology Co., Ltd. has successfully completed its initial public offering (IPO) and is set to list on the main board, with the issuance approved by the Shanghai Stock Exchange and registered by the China Securities Regulatory Commission [1][2]. Group 1: Issuance Details - The total number of shares for the IPO is 45.3129 million, with an initial strategic placement of 9.06258 million shares, accounting for 20% of the total issuance [2]. - The final issuance price is set at RMB 11.50 per share, with 1.45 million shares allocated for online pricing on June 3, 2025 [2]. - The issuance combines strategic placement, offline inquiry placement, and online issuance, with offline shares accounting for 60% and online shares for 40% of the total issuance after deducting the strategic placement [2][3]. Group 2: Subscription and Allocation - The initial effective subscription multiple for online issuance was approximately 6,633.72 times, leading to the activation of a reallocation mechanism [3]. - After the reallocation, the final number of offline shares issued is 724,982 shares, representing 20% of the total issuance after strategic placement [3]. - The final online winning rate for subscriptions is 0.03014953% [3]. Group 3: Strategic Placement Results - All investors participating in the strategic placement have fulfilled their subscription commitments, with a total of 9,062,580 shares allocated [6]. - The strategic placement results indicate that 90% of the shares will have no lock-up period, while 10% will be subject to a 6-month lock-up period starting from the listing date [5][6]. Group 4: Online Lottery Results - The online lottery for share allocation was conducted on June 4, 2025, with a total of 58,001 winning numbers announced [8]. - Each winning number can subscribe for 500 shares of Haiyang Technology [8]. Group 5: Offline Subscription Situation - The offline subscription process concluded on June 3, 2025, with 570 investors participating and a total of 7,967,890 shares effectively subscribed [9]. - The allocation results show that A-class investors received 5,076,952 shares, while B-class investors received 2,172,868 shares [10].

Core Viewpoint - Shenzhen Youyou Green Energy Co., Ltd. is preparing for its initial public offering (IPO) on the ChiNext board, with strategic investors being a key focus of the legal opinion issued by Beijing Tongshang Law Firm [1][2]. Group 1: IPO Registration and Strategic Placement - The IPO has been approved by the Shenzhen Stock Exchange's listing review committee and has received regulatory approval from the China Securities Regulatory Commission (CSRC) [4]. - The company plans to issue 10.5 million shares, representing 25% of the total post-issue share capital, with an initial strategic placement of 2.1 million shares, accounting for 20% of the total issuance [4][5]. Group 2: Strategic Investors - The strategic investors include Shenzhen High-tech Investment Venture Capital Co., Ltd., Guangzhou Industrial Control Capital Management Co., Ltd., and others, selected based on their qualifications and market conditions [4][5]. - The strategic investors have committed to purchasing shares without participating in the online and offline offerings, agreeing to the determined issuance price [5][6]. Group 3: Compliance and Qualifications of Strategic Investors - Shenzhen High-tech Investment Venture Capital Co., Ltd. is a state-owned enterprise with a registered capital of 3.88 billion RMB, focusing on venture capital and investment management [8][9]. - Guangzhou Industrial Control Capital Management Co., Ltd. is a subsidiary of Guangzhou Industrial Investment Holding Group, with a registered capital of approximately 3.66 billion RMB, involved in various industrial sectors including new energy vehicles [20][21]. Group 4: Strategic Cooperation Agreements - The cooperation agreements between the issuer and strategic investors focus on business collaboration, leveraging each party's strengths in the new energy vehicle sector [10][22]. - The strategic investors will assist in expanding the issuer's market presence and enhancing supply chain efficiency through their extensive industry networks and resources [12][23]. Group 5: Future Development and Market Position - The issuer is positioned within Shenzhen's key "20+8" industrial development strategy, focusing on the new energy sector, which is supported by local government initiatives [14][24]. - The strategic investors aim to enhance the issuer's competitive edge in the electric vehicle charging market, leveraging their existing industry relationships and resources [15][22].

民生证券股份有限公司 关于深圳市优优绿能股份有限公司首次公开发行股票 并在创业板上市参与战略配售的投资者专项核查报告 深圳市优优绿能股份有限公司（以下简称"优优绿能"、"发行人"或"公 司"）首次公开发行股票（以下简称"本次发行"）并在创业板上市申请已于 2023 年 8 月 31 日经深圳证券交易所（以下简称"深交所"）上市审核委员会审议通 过，于 2025 年 3 月 11 日获中国证券监督管理委员会（以下简称"中国证监会"） 同意注册。民生证券股份有限公司（以下简称"民生证券"或"保荐人（主承销 商）"）担任本次发行的保荐人（主承销商）。 根据《首次公开发行股票注册管理办法》（以下简称"《注册办法》"）、 《深圳证券交易所首次公开发行证券发行与承销业务实施细则（2025 年修订）》 （以下简称"《实施细则》"）等相关法律法规、监管规定及自律规则等文件， 保荐人（主承销商）针对深圳市优优绿能股份有限公司首次公开发行股票战略配 售资格进行核查，出具如下专项核查报告。 一、本次发行并在创业板上市的批准与授权 （一）发行人董事会关于本次发行上市的批准 于公司申请首次公开发行人民币普通股股票并上市的议案》等与本次 ...

Core Viewpoint - Tian Gong Co., Ltd. is set to debut on the Beijing Stock Exchange on May 13, having introduced 12 strategic investors, marking the first new stock under the relaxed regulations for strategic investors [1][5] Group 1: Company Overview - Tian Gong Co., Ltd. was established in 2010 and specializes in the research, production, and sales of titanium and titanium alloy materials, recognized as a national-level "little giant" enterprise [1] - The company aims to raise 360 million yuan through its IPO, primarily to construct a production line with an annual capacity of 3,000 tons of high-end titanium and titanium alloy rods and wires [1][4] Group 2: Financial Performance - The company has shown a significant growth trend in recent years, with projected revenues of 383 million yuan, 1.035 billion yuan, and 801 million yuan for the years 2022, 2023, and 2024 respectively, and net profits of 69.98 million yuan, 170 million yuan, and 172 million yuan for the same years [2] - The explosive growth in 2023 is attributed to the large-scale application of titanium in consumer electronics, although this growth is considered to have an element of unpredictability [3] Group 3: Strategic Investment and Market Position - The IPO has attracted 12 strategic investors, with strategic placements accounting for 30% of the total issuance, reflecting confidence in the company's long-term prospects [5][6] - The new regulations from the Beijing Stock Exchange allow for an increased number of strategic investors and higher allocation limits, which could enhance the company's market position [5]

北交所策略专题报告 2025 年 04 月 06 日 诸海滨（分析师） zhuhaibin@kysec.cn 证书编号：S0790522080007 专题：关注 2025 战配大年机会，2024 年北交所新股打新+战配高收益 2025 年 1-3 月北交所共上市 3 家企业，从发行节奏上来看，预计 2025Q2 开始上 市节奏有望加速。2024 年全年北交所共上市 23 只新股，从实际上市时间点看， 2024 年新股上市的时间集中于 1-3 月以及 10-12 月。从新股市盈率角度来看，2024 年和 2025 年 1-3 月北交所首发市盈率均值为 14.99X 和 13.02X 低于行业市盈率， 安全边际较高。从新股中签率来看，北交所 2024 年中签率均值为 0.11%，较 2023 年全年下滑 1.90pcts；2025 年 1-3 月网上中签率均值为 0.08%，较 2024 年全年下 滑 0.03pcts。从冻结资金角度来看， 2024 年-2025 年 1-3 月的 26 只新股中网上 冻结资金在 1000 亿元以下的仅占 3.85%，冻结金额规模在 3000 亿以上公司占比 最大，占比 34.6 ...

股票简称：爱科赛博 股票代码：688719 首次公开发行股票科创板上市公告书 保荐人（主承销商） （中国（上海）自由贸易试验区世纪大道1198号28层） 二零二三年九月二十七日 特别提示 西安爱科赛博电气股份有限公司（以下简称"发行人"、"爱科赛博"、"公 司"或"本公司"）股票将于2023年9月28日在上海证券交易所科创板上市。本 公司提醒投资者应充分了解股票市场风险及本公司披露的风险因素，在新股上市 初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 本上市公告书中若出现总数与各分项数值之和尾数不等的情况，均为四舍五 入尾差所致。 西安爱科赛博电气股份有限公司 Xi'an Actionpower Electric Co., Ltd. （西安市高新区新型工业园信息大道 12 号） 1 第一节 重要声明与提示 一、重要声明 本公司及全体董事、监事、高级管理人员保证上市公告书所披露信息的真实、 准确、完整，承诺上市公告书不存在虚假记载、误导性陈述或重大遗漏，并依法 承担法律责任。 上海证券交易所、有关政府机关对本公司股票上市及有关事项的意见，均不 表明对本公司的任何保证。 本 公 司 提 醒 广 大 投 资 者 ...