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].

Core Viewpoint - Shenzhen Youyou Green Energy Co., Ltd. has received approval for its initial public offering (IPO) and listing on the ChiNext board, with strategic placement participation confirmed by Minsheng Securities as the lead underwriter [1][2][3] Approval and Authorization for the IPO - The board of directors of Youyou Green Energy approved the IPO application for common stock [1] - The shareholders' meeting also authorized the IPO application [2] - The Shenzhen Stock Exchange's listing review committee approved the IPO on August 31, 2023, and the China Securities Regulatory Commission granted registration approval on March 11, 2025 [2] Strategic Placement Details - The company plans to publicly issue 10.5 million shares, representing 25% of the total post-issue share capital, with no existing shareholders selling shares [2] - The initial strategic placement quantity is set at 2.1 million shares, accounting for 20% of the total issuance, complying with regulatory requirements [2][3] Strategic Placement Participants - Strategic investors include large enterprises with long-term cooperation visions, such as Shenzhen High-tech Investment Venture Capital Co., Ltd. and Guangzhou Industrial Control Capital Management Co., Ltd. [3][17] - The strategic placement will involve commitments from these investors to purchase shares at the determined issuance price [5][17] Lock-up Periods - The lock-up period for shares allocated to strategic investors is set at 12 months, while Minsheng Investment has a 24-month lock-up period starting from the listing date [5][6] Compliance of Strategic Placement Participants - High-tech Investment Venture Capital is a wholly-owned subsidiary of Shenzhen High-tech Investment Group, with a registered capital of 3.88 billion RMB and a focus on venture capital and investment management [7][8] - Guangzhou Industrial Control Capital is a subsidiary of Guangzhou Industrial Investment Holding Group, with a registered capital of approximately 3.66 billion RMB, focusing on investments in advanced manufacturing and new energy sectors [17][19] Collaboration Agreements - The collaboration between Youyou Green Energy and strategic investors includes business cooperation, local industry synergy, and capital cooperation to enhance market competitiveness and expand business lines [9][21][23] - The strategic partnership aims to leverage the strengths of both parties in technology, resources, and market access to foster growth in the electric vehicle charging market [10][22][24]

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 ...

西安爱科赛博电气股份有限公司 首次公开发行股票并在科创板上市 发行结果公告 保荐人（主承销商）：长江证券承销保荐有限公司 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"） 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"）证监许可〔2023〕 1493号文同意注册。 发行人与保荐人（主承销商）协商确定本次发行股份数量为2,062.0000万股， 占发行后公司总股本的比例为25.00%，全部为公开发行新股，公司股东不进行 公开发售股份。本次公开发行后总股本为8,248.0000万股。 本次发行初始战略配售数量为309.3000万股，占发行总数量的15.00%。参 与战略配售的投资者承诺的认购资金已于规定时间内汇至保荐人（主承销商） 指定的银行账户。本次发行最终战略配售数量为125.3493万股，占发行总数量 的6.08%。初始战略配售股数与最终战略配售股数的差额183.9507万股回拨至网 1 下发行。 战略配售回拨后，网上网下回拨机制启动 ...

西安爱科赛博电气股份有限公司 首次公开发行股票并在科创板上市 网上发行申购情况及中签率公告 保荐人（主承销商）：长江证券承销保荐有限公司 西安爱科赛博电气股份有限公司（以下简称"爱科赛博"、"发行人"或"公 司"）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〔2023〕1493 号）。 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"）、 网下向符合条件的投资者询价配售（以下简称"网下发行"）与网上向持有上海 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。 长江证券承销保荐有限公司（以下简称"长江保荐"或"保荐人（主承销商）"） 担任本次发行的保荐人（主承销商）。 经发行人和保荐人（主承销商）协商确定，本次发行股份数量为 2,062.0000 万股，占发行后公司总股本的比例为 25.00%，全部为公开发行新股，公司股东 不进行公开发售股份。本次公开发行后总股 ...

陕西华达科技股份有限公司 首次公开发行股票并在创业板上市 初步询价及推介公告 保荐人（主承销商）：中信证券股份有限公司 特别提示 陕西华达科技股份有限公司（以下简称"陕西华达"、"发行人"或"公司"） 根据中国证券监督管理委员会（以下简称"中国证监会"）颁布的《证券发行与 承销管理办法》（证监会令〔第 208 号〕）（以下简称"《管理办法》"）、《首 次公开发行股票注册管理办法》（证监会令〔第 205 号〕），深圳证券交易所（以 下简称"深交所"）发布的《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》（深证上〔2023〕100 号）（以下简称"《业务实施细则》"）、《深 圳市场首次公开发行股票网上发行实施细则》（深证上〔2018〕279 号）（以下简 称"《网上发行实施细则》"）及《深圳市场首次公开发行股票网下发行实施细 则（2023 年修订）》（深证上〔2023〕110 号）（以下简称"《网下发行实施细 则》"），中国证券业协会颁布的《首次公开发行证券承销业务规则》（中证协 发〔2023〕18 号）（以下简称"《承销业务规则》"）、《首次公开发行证券网 下投资者管理规则》（中证协发〔2023〕19 ...

西安爱科赛博电气股份有限公司 首次公开发行股票并在科创板上市 发行公告 保荐人（主承销商）：长江证券承销保荐有限公司 重要提示 西安爱科赛博电气股份有限公司（以下简称"爱科赛博"、"发行人"或 "公司"）根据中国证券监督管理委员会（以下简称"中国证监会"、"证监会"） 颁布的《证券发行与承销管理办法》（证监会令〔第 208 号〕）（以下简称"《管 理办法》"）、《首次公开发行股票注册管理办法》（证监会令〔第 205 号〕），上 海证券交易所（以下简称"上交所"）颁布的《上海证券交易所首次公开发行 证券发行与承销业务实施细则》（上证发〔2023〕33 号）（以下简称"《实施细 则》"）、《上海市场首次公开发行股票网上发行实施细则（2023 年修订）》（上 证发〔2023〕35号）（以下简称"《网上发行实施细则》"）、《上海市场首次公 开发行股票网下发行实施细则（2023 年修订）》（上证发〔2023〕36 号）（以下 简称"《网下发行实施细则》"），中国证券业协会颁布的《首次公开发行证券 承销业务规则》（中证协发〔2023〕18 号）（以下简称"《承销业务规则》"） 以及《首次公开发行证券网下投资者管理规则》和 ...