今年前三季度，A股共有78只新股上市，合计筹资总额773.02亿元。 今年以来，在发行节奏放缓、A股市场总体回暖、投资者情绪高涨的背景下，新股上市首日表现抢眼。 回顾今年前三季度新股表现，A股IPO打新带来的赚钱效应大幅飙升，新股上市首日无一破发、今年前三季度上市的78只新股，上市首日收盘平均涨幅 242.33%。 | 代码 | 间标 | 上市日期 | 发行价格 | 首目涨跌幅 | 上市以来 | | --- | --- | --- | --- | --- | --- | | | | | (元) | (%) | 涨跌幅(%) | | 920100. BJ | 三协电机 | 2025-09-08 | 8.83 | 785. 62 | 686. 86 | | 603124. SH | 江南新材 | 2025-03-20 | 10. 54 | 606. 83 | 733. 28 | | 920037. BJ | 广信科技 | 2025-06-26 | 10. 00 | 500. 00 | 835. 84 | | 920005. BJ | 鼎佳精密 | 2025-07-31 | 11. 16 | 479. 12 | 3 ...

（原标题：22股大涨超300%！新股赚钱效应飙升，最大"肉签"超6万元！） 今年前三季度，A股共有78只新股上市，合计筹资总额773.02亿元。 今年以来，在发行节奏放缓、A股市场总体回暖、投资者情绪高涨的背景下，新股上市首日表现抢眼。 回顾今年前三季度新股表现，A股IPO打新带来的赚钱效应大幅飙升，新股上市首日无一破发、今年前三季度上市的78只新股，上市首日收盘平均 涨幅242.33%。 Wind数据显示，今年以来，A股市场共有78只新股上市，按板块划分，创业板数量最多，共计29只，主板、科创板和北交所分别有26只、8只和15 只，双创板块合计占比达47%。 上市首日表现上，三协电机、江南新材、广信科技位居前三甲，涨幅分别为785.62%、606.83%和500%。紧随其后的是鼎佳精密、建发致新、悍高 集团、广东建科、天工股份和星图测控，首日涨幅均超过400%。而首日涨幅超300%的22股，主板、创业板和北交所各占7只，科创板1只。 值得注意的是，"低价股"普遍在上市首日出现较高涨幅。其中，首发价格低于10元/股的18只新股，上市首日平均涨幅达344.44%。而位居最低发 行价前三的华电新能、天工股份、赛分 ...

Core Viewpoint - The recent listing of new stocks in the Shenzhen and Shanghai markets has shown significant profitability, with some stocks yielding over 30,000 yuan per lot, highlighting strong investor interest and market performance [1]. Group 1: New Stock Listings - In the past three months, 18 new stocks have been listed in the Shenzhen and Shanghai markets, excluding the Beijing Stock Exchange [1]. - N Yunhan (301563) was listed today, achieving a maximum increase of 425.93% and closing at 116.80 yuan, representing a rise of 332.59% [1]. - The stock had a turnover rate of 81.95% and a total trading volume of 1.429 billion yuan [1]. - Investors could earn a maximum profit of 57,500 yuan per lot based on the highest price during the day, or 44,900 yuan based on the closing price [1]. Group 2: Company Financials and Projects - N Yunhan's total issuance was 16.279 million shares, with an online issuance of 7.095 million shares at a price of 27.00 yuan, resulting in a price-to-earnings ratio of 20.91 [2]. - The online issuance had a final winning rate of 0.0143369671%, with 14,190 winning numbers and a total of 7.063 million shares subscribed by online investors, while 32,000 shares were abandoned [1][2]. - The company raised 440 million yuan, primarily for working capital, upgrading its big data center and component trading platform, building an electronic industry collaborative manufacturing service platform, and establishing smart shared warehousing [2]. - Projected net profits for 2022 to 2024 are 136 million yuan, 78.6126 million yuan, and 88.2728 million yuan, reflecting year-on-year changes of -15.86%, -42.04%, and 12.29% respectively [2]. - For the first half of 2025, the company expects a revenue of 1.44 billion yuan, a year-on-year increase of 17.82%, and a net profit of 53.9204 million yuan, up 40.65% year-on-year [2].

7月14日，新股打新市场迎来山大电力（301609）在创业板的发行申购。它在网上发行1038万股，顶格申 购需配深市股票市值10万元。 山大电力的发行价比较低，为14.66元，大幅低于股民普遍认为的30元打新安全线。同时，它的发行市盈率 为19.57倍，同样低于行业市盈率的20.25倍。 | | | | 申购 | 发行 | 國F | 顶格申购 | 申购 | 发行 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 殿票代码 | 股票简称 | 相关资料 | 代码 | 最新 | 发行 | 需配市值 | 下降 | रण्ड | | | | | | (万股) | (万股) | (万元)3) | (万股)3) | (2) | | 301609 | 山大电力创 | 详细 研报 股吧 | 301609 | 4072 | 1038 | 10.00 | 1.00 | 14.66 | 这是一只双低属性发行即低发行价和低发行估值的新股，它对于那些一直坚持打新的股民来说，自然是不 会纠结的。毕竟，如今的新股个个都在上市首日大涨，即使发行价高达84元的同宇新材都能大涨 ...

Group 1 - The overall performance of newly listed stocks in the A-share market since 2025 has been strong, with over 60% of new stocks having a minimum price that has doubled compared to their issue price, and over 90% having at least once reached a price that doubled their issue price [1][2][3] - As of now, there have been 45 new stocks listed this year, all of which have seen price increases on their first trading day, with 38 stocks closing with gains exceeding 100%, accounting for over 80% of the total [2][3] - Notably, no new stocks have experienced a decline below their issue price this year, with only a few stocks showing minimal increases of less than 10% from their issue prices [2][3] Group 2 - The average maximum price increase for newly listed stocks has reached 352.06%, with 41 stocks showing maximum increases exceeding 100%, representing 91.11% of the new listings [3] - Specific stocks such as Xingtou Measurement Control and Tianhe Magnetic Materials have shown maximum price increases exceeding 500%, with Xingtou Measurement Control peaking at 139.99 yuan, reflecting a staggering increase of 1922.98% from its issue price [3][4] Group 3 - The overall online subscription rate for new stocks has decreased, making it more challenging for investors to secure shares. The average online subscription rate for newly listed mainboard stocks in 2025 is 0.0299%, down from 0.0470% in 2024 [12] - Similarly, the average online subscription rate for newly listed ChiNext stocks has also declined, from 0.0241% in 2024 to 0.0182% in 2025, indicating a trend of increasing difficulty in obtaining shares [12]

Core Viewpoint - The recent IPO of Zhongce Rubber has generated significant interest among investors, with a strong opening price that exceeded the issue price, reflecting the prevailing belief in the resilience of new stocks in the A-share market [1][3]. Group 1: IPO Performance - Zhongce Rubber's opening price was set at 57 yuan, which is 22.58% higher than the issue price of 46.50 yuan [1]. - Despite the initial surge, the stock price fluctuated throughout the day, closing with a gain of only 6.84%, indicating that the opening price was the peak for the day [3]. - Investors who sold at the opening could have realized a profit of 5,250 yuan per 500 shares, which is still considered a satisfactory return given the high issue price [3][5]. Group 2: Investor Behavior - A total of 60.7264 million shares were subscribed by online investors, while 487,500 shares were abandoned, amounting to 22.6722 million yuan in forfeited funds [5]. - The trend of abandoning subscriptions highlights a growing caution among investors, despite the strong belief in the "new stock invincibility" narrative [7]. - The abandonment of shares has led to disappointment among observers and serves as a reminder that perceived easy profits in the stock market can be elusive [7].

Core Viewpoint - The IPO of Youyou Green Energy (301590) on the ChiNext market is characterized by a high issuance price of 89.60 yuan, which is the second highest this year, but with a relatively low price-to-earnings ratio of 15.37, below the industry average of 19.25 [1][2]. Group 1: IPO Details - Youyou Green Energy plans to issue 2.52 million shares, requiring a minimum investment of 25,000 yuan in Shenzhen stock to participate in the maximum subscription [1][2]. - The total funds raised from the IPO amount to 940 million yuan, exceeding the initial target by 240 million yuan, with a market capitalization of 3.762 billion yuan post-IPO [7]. Group 2: Financial Performance - In Q1, Youyou Green Energy reported a revenue of 361 million yuan, a year-on-year increase of 6.47%, while the net profit attributable to shareholders was 61.38 million yuan, down 14.66% year-on-year [3][4]. - The company’s revenue for the past three years was 988 million yuan, 1.376 billion yuan, and 1.497 billion yuan, with a revenue growth rate of 8.86% last year [4]. Group 3: Business Overview - Youyou Green Energy specializes in the research, production, and sales of core components for direct current charging equipment for electric vehicles, with its main products being charging modules of various power levels [2][3]. - The company plans to use the raised funds for the construction of a charging module production base, headquarters, R&D center, and to supplement working capital, with a total investment of approximately 707 million yuan [5][6].

Group 1: New Stock Subscription and Listings - A new stock subscription for GQ Down Material (001390.SZ) occurred on May 19, with two other stocks, Taili Technology (301595.SZ) and Weigao Blood Purification (603014.SH), being listed [1][2] Group 2: GQ Down Material - GQ Down Material focuses on the R&D, production, and sales of high-spec down products, primarily goose and duck down, serving the apparel and bedding industries [2] - The company aims to invest 2.82 billion yuan in a green manufacturing project for 2,800 tons of functional down, 0.54 billion yuan in upgrading its technology and R&D center, and 1.65 billion yuan for working capital [4] - GQ Down Material is a leader in the down materials industry in China, supplying approximately 12% of the down clothing market in 2022 [5][6] Group 3: Taili Technology - Taili Technology specializes in new materials R&D and vacuum technology applications, producing various home storage products and related functional materials [7] - The company plans to allocate 3.20 billion yuan for the construction of a production and logistics center, 0.74 billion yuan for a R&D center, and 1.00 billion yuan for working capital [11] - Taili Technology is the exclusive supplier of compression bags for China's aerospace sector, with products used in space missions [11] Group 4: Weigao Blood Purification - Weigao Blood Purification, established in 2004, focuses on the R&D, production, and sales of medical products for blood purification, including dialysis machines and related consumables [13] - The company intends to invest 3.42 billion yuan in intelligent production construction, 2.26 billion yuan in dialysis machine production, and 4.00 billion yuan for working capital [15][16] - Weigao Blood Purification holds a 32.5% market share in the domestic blood dialysis machine sector, ranking first in the industry [17]

Core Viewpoint - The recent IPO of Zairun New Energy (301636) on the ChiNext market has attracted attention due to its relatively high issuance price of 33.06 yuan, which is above the commonly perceived safe line of 30 yuan, yet its price-to-earnings ratio of 17.57 is slightly lower than the industry average of 17.89 [1][2]. Group 1: IPO Details - Zairun New Energy plans to issue 4.55 million shares, requiring a minimum investment of 45,000 yuan in Shenzhen stock [1][2]. - The company has seen a significant shift in the new stock market, with recent IPOs showing strong performance on their first trading day, eliminating fears of initial public offering (IPO) failures [3][5]. Group 2: Financial Performance - For the year 2024, Zairun New Energy is projected to achieve a revenue of 876 million yuan, representing a year-on-year growth of 3.75%, and a net profit attributable to shareholders of 131 million yuan, with a growth of 9.30% [5][6]. - The company's revenue over the past three years has been 522 million yuan, 844 million yuan, and 876 million yuan, with the latest year's revenue growth rate at 3.75% [6]. Group 3: Fundraising and Investment Plans - Zairun New Energy aims to raise 720 million yuan through this IPO, which will be allocated to projects including the expansion of photovoltaic component connectors and the construction of auxiliary power battery boxes for electric vehicles [7][8]. - The total investment for the projects is approximately 727 million yuan, with the company planning to use 720 million yuan from the IPO proceeds [8].