"A＋H"上市热潮持续涌动。 9月3日，A股上市公司佳都科技（600728）集团股份有限公司发布公告称，公司董事会审议通过了发行 H股并在香港联交所主板上市的议案。据《证券日报》记者不完全统计，8月份至今，已有近30家A股公 司披露赴港上市进展。其中，行业龙头立讯精密（002475）工业股份有限公司、胜宏科技（300476） (惠州)股份有限公司(以下简称"胜宏科技")等均已正式向港交所递交H股发行上市申请。 "政策端鼓励内地龙头企业赴港上市、简化A股上市公司的申请上市程序，以及港股市场更理想的估 值、更佳的市场流动性及资金承接能力，均为我国香港新股市场注入了动力。"德勤中国资本市场服务 部华南区上市业务合伙人彭金勇在接受《证券日报》记者采访时表示。 覆盖多个行业 《证券日报》记者梳理发现，近期筹划赴港上市的A股公司覆盖半导体、机械、医药、食品、传媒等多 个行业。其中，半导体行业公司数量最多，成为赴港上市"主力军"，同时，医药、新能源、互联网营销 等新领域企业也崭露头角。 半导体产业由于投入大、周期长，需要大量资金持续"输血"以支撑研发、扩产等环节。而港股市场汇聚 全球资本，能为半导体企业提供广阔融资渠道与长 ...

20日当晚，证券时报·e公司记者从牧原股份举行的业绩交流会上获悉，当前企业内部优秀场线生产成本 已降至11元/公斤下方，为进一步提升总体降本成绩打开空间。而在持续践行出海战略的当下，牧原股 份领先行业的先进生产管理能力，也将被复制到需求旺盛的海外市场，助力企业迈入下一增长级。 降本成绩凸显铸就高盈利 经历2024年的周期回暖后，2025年上半年国内生猪市场价格整体呈现了高位震荡回落态势，行业整体盈 利能力有所下滑。 不过在成本把控能力不断提升的加持下，牧原股份仍逆势维持了超强盈利能力。 据公司在业绩交流会中透露，今年年初以来，得益于技术创新和管理优化方面的协同发力，公司实现了 关键生产指标的稳步提升及内部成本方差的持续缩小，企业成本下降进展符合预期，从1月份的13.1元/ 公斤已逐月下降至7月份的11.8元/公斤，其中成本下降排除饲料原料价格波动因素，均来源于生产成绩 改善与单位期间费用下降。 值得关注的是，当前牧原股份部分优秀场线已能够将成本降至11元/公斤以下，为该公司进一步压减成 本提供了可能性。 公司高管也在交流会中表示，今年上半年企业内部成本离散度明显收窄，但仍存在一定差异。公司会整 合内部资源，搭 ...

Group 1 - The core viewpoint of the article highlights the increasing trend of A-share companies planning to list in Hong Kong, with Meijin Energy being the latest to announce its intention to issue H-shares and list on the Hong Kong Stock Exchange [1][2][3] - As of August 13, 2023, a total of 87 A-share companies have announced plans to issue H-shares, with 10 companies having a market capitalization exceeding 100 billion RMB, and 8 companies between 50 billion to 100 billion RMB [2] - The Hong Kong IPO market has shown strong performance in the first seven months of 2023, with 53 new stocks listed and a total fundraising amount of approximately 127 billion HKD, reflecting a year-on-year increase of over six times [2] Group 2 - Meijin Energy's announcement of its H-share listing is aimed at enhancing its overseas financing capabilities and improving governance transparency, as it is one of the largest independent producers of coking coal and coke in China, with a coking capacity of 7.15 million tons per year and coal production capacity of 6.3 million tons per year [3] - The primary motivations for many companies choosing to list in Hong Kong include global strategic expansion and financing needs, with firms like Luxshare Precision, Joyson Electronics, and Wankang Technology indicating that listing in Hong Kong will help them access international markets and attract strategic investors [3] - Hong Kong serves as a crucial bridge between the domestic and international markets, providing significant financing channels for mainland companies, especially in the current low-interest-rate environment where traditional bank product yields are declining [3]

点击查看公告原文>> 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 来源：新浪港股-好仓工作室 2025年7月23日，中微半导体（深圳）股份有限公司发布公告，公司于7月21日召开了第二届董事会第二 十四次会议、第二届监事会第二十一次会议，审议通过了《关于公司发行H股股票并在香港联合交易所 有限公司上市的议案》等相关议案。公司拟发行境外上市外资股（H股）股票并申请在香港联合交易所 主板挂牌上市，目的是深化公司全球化战略布局，提升公司国际化品牌形象，多元化公司融资渠道，进 一步提升公司核心竞争力。公司将在股东大会决议有效期内（即经公司股东大会审议通过之日起24个月 或同意延长的其他期限）选择适当的时机和发行窗口完成本次发行上市。本次发行H股并上市尚 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has disclosed supplementary material requirements for overseas listing applications, involving five companies, including SANY Heavy Industry, which aims to enhance its global strategy and governance transparency through a listing on the Hong Kong Stock Exchange [1][9]. Company Overview - SANY Heavy Industry, founded in 1994, is a leading engineering machinery manufacturer in China, with its history tracing back to 1989. The company was established as a limited liability company focused on engineering machinery manufacturing [3][5]. - The company is controlled by SANY Group and its founders, holding approximately 33.73% of the total share capital [3][5]. Financial Performance - SANY Heavy Industry reported revenues of approximately RMB 808.39 billion, RMB 740.19 billion, and RMB 783.83 billion for the years 2022, 2023, and 2024, respectively. The gross profits for the same years were about RMB 182.96 billion, RMB 195.76 billion, and RMB 209.03 billion, with net profits of RMB 44.33 billion, RMB 46.06 billion, and RMB 60.93 billion [7][8]. - The company's revenue primarily comes from excavators, concrete machinery, and cranes, with excavator revenue accounting for 44.2%, 37.3%, and 38.8% of total revenue in the respective years [8]. Listing Plans - SANY Heavy Industry submitted its prospectus to the Hong Kong Stock Exchange on May 22, 2023, intending to raise funds to develop its global sales and service network, enhance brand recognition, and expand overseas manufacturing capabilities [9]. - The CSRC has requested SANY Heavy Industry to clarify discrepancies in the identification of its controlling shareholders and provide a conclusive opinion regarding the Hunan SANY Industrial Vocational and Technical College, which was established in 2010 [10].

Core Viewpoint - The successful H-share IPO of Haitian Flavor Industry Co., Ltd. (海天味业) reflects strong market confidence and a turnaround in the company's performance under the new leadership of Cheng Xue, following a challenging period marked by declining profits and controversies [2][4][10]. Group 1: H-share IPO Details - The H-share IPO was oversubscribed with a subscription multiple of 698.57 times, raising approximately HKD 101 billion (around RMB 92 billion) at a final price of HKD 36.3 per share [2][9]. - The IPO attracted significant interest from global investors, with cornerstone investors collectively subscribing to about 129 million shares, totaling approximately HKD 47 billion [9]. - The company plans to issue approximately 279 million H-shares, with the shares expected to begin trading on June 19 [8][9]. Group 2: Financial Performance - After two years of declining profits, the company reported a revenue of RMB 269.01 billion and a net profit of RMB 63.44 billion in 2024, marking a year-on-year growth of 9.53% and 12.75% respectively [13]. - In the first quarter of 2024, the company continued its growth trajectory with revenues of RMB 83.15 billion and a net profit of RMB 22.02 billion, reflecting increases of 8.08% and 14.77% year-on-year [13]. - The company had previously faced challenges, with revenues and net profits declining in 2022 and 2023 due to controversies and market pressures [12][13]. Group 3: Strategic Goals and Global Expansion - The primary objectives of the IPO include enhancing global brand image, increasing international competitiveness, and expanding overseas market presence [15]. - The company aims to increase the proportion of overseas revenue to 15% within three years, targeting approximately RMB 40 billion in overseas income based on projected revenues of RMB 270 billion [17]. - Plans for international expansion include establishing production bases in Indonesia and Europe, with a goal of sourcing over 50% of raw materials from overseas [15][17].

Group 1 - The core viewpoint of the articles highlights a significant IPO boom in Hong Kong in 2025, driven by a combination of market recovery, accelerated globalization strategies of Chinese companies, and the advantages of Hong Kong's stock market system [2][6]. - From January to May 2025, 26 mainland companies completed IPOs in Hong Kong, raising a total of 740 million HKD, surpassing the total number of A-share companies listed in the past three years [3][4]. - The current IPO wave includes over 150 companies in various core industries such as new energy, pharmaceuticals, and technology, with many planning to raise over 1 billion USD [3][4]. Group 2 - The appeal of the Hong Kong market is attributed to the stringent requirements of the A-share market, which compel companies to seek more favorable conditions in Hong Kong [6][7]. - The Hong Kong Stock Exchange has undergone significant reforms since 2025, improving efficiency and attracting international investors, which has led to a surge in successful IPOs [7][8]. - Notable companies like CATL and Midea are utilizing their Hong Kong listings to enhance their global presence and operational credibility [7][8]. Group 3 - Despite the current enthusiasm, there are concerns regarding the sustainability of the IPO boom, as the Hong Kong market's capacity and liquidity are relatively limited compared to the A-share market [8][9]. - Analysts suggest that while the market may experience upward trends, there could be short-term pressures on technology stocks and potential risks associated with companies blindly following the IPO trend without proper evaluation [8][9].

天天IPO . 投资界（PEdaily.cn）旗下，专注IPO动态 排队赴港二次上市。 作者 I 杨继云 报道 I 投资界-天天IPO 这一幕正在继续。 以下文章来源于天天IPO ，作者杨继云 又要敲钟了 犹记得202 1年5月27日，东鹏特饮的母公司东鹏饮料在上交所挂牌上市，A股功能饮料第一股正式诞生。IPO当天，东鹏饮料在开盘后 迅速涨停，实现2 60亿市值。 据《彭博》报道，东鹏饮料正接近与摩根史丹利和瑞银达成合作，即将赴港上市。据悉，第二上市可能在2025年年内进行，预计募资 额10亿美元。 东鹏饮料背后，是潮汕商人林木勤3 0多年的奋斗史。1987年创立于深圳，东鹏饮料曾因跟不上时代步伐一度濒临破产，直到2 0 03年林 木勤接过指挥棒，研发出爆品，并最终在2021年正式登陆A股。 至此，"A+H"上市大军又多了一员——前有美的集团、顺丰控股相继成功登陆港股，后有宁德时代、赛力斯、海天味业，2025赴港二 次上市大军浩浩荡荡。 1300亿饮料巨头 如今近4年时间过去，截止今日（1月2 1日），东鹏成为市值1 3 00亿的饮品巨头。 （图片来自官网） 根据最新财报，2 024年前三季度，东鹏饮料实现营 ...