Core Insights - The article highlights the rapid acceleration of listings for enterprises in Bao'an, with two companies, Hengtong and Woan Robotics, successfully going public within two days, showcasing the strength of Bao'an's capital market [4][22]. Company Overview - Hengtong, established in 2011, is a technology-driven enterprise focusing on the research, manufacturing, and sales of passive optical devices in the optical communication field [6]. - The company has developed a robust technical system with three core categories and ten subcategories, achieving high precision manufacturing capabilities [8]. Financial Performance - Hengtong's revenue surged from 475 million yuan in 2022 to 1.314 billion yuan in 2024, with year-on-year growth rates of 19.74%, 29.03%, and 114.40% respectively [16]. - Net profit increased from 55 million yuan to 148 million yuan during the same period, with growth rates of 347.21%, 17.61%, and 127.79% [16]. - For the first half of 2025, the company reported revenue of 1.021 billion yuan, a year-on-year increase of 105.84%, and a net profit of 143 million yuan, up 170.72% [16]. Market Position and Strategy - Hengtong has established long-term partnerships with major domestic and international companies, including clients like AT&T, Verizon, Google, and Amazon, positioning itself within the global AI computing demand [14]. - The company plans to use funds raised from its IPO to enhance its optical research and development center and expand its production base in Vietnam, aiming to strengthen its market position in high-density, high-speed passive optical devices [18]. Industry Context - The article notes that Bao'an has successfully nurtured a diverse range of innovative enterprises, with five new companies listed in 2025, leading the city in new listings [25]. - The region's supportive ecosystem for enterprise development includes training programs and services for over 4,000 companies, contributing to a robust pipeline of potential IPO candidates [25].

发行情况： | 股票代码。 | 920045+ | 股票简称。 | 衡东光 | | --- | --- | --- | --- | | 申购代码2 | 9200450 | 上市地点。 | 北京证券交易所。 | | 发行价格(元/股)。 | 31.590 | 发行市盈率。 | 14.990 | | 市盈率参考行业。 | 计算机、通信和其他 电子设备制造业。 | 定价方式。 | 直接定价。 | | 网上发行数量(股)e | 922.50 万+ | 总发行数量(股)。 | 1025.00 万+ | | 网上发行日期。 | 2025-12-23 (周二)。 | 网上申购缴款日期e | 2025-12-23 (周二)ہ | | 网上申购上限(股)e | 46.12万+ | 网上顶格申购所需资 金(元)。 | 1456.93 万+ | | 网上申购资金冻结日 2025-12-24 (周三)- | | 网上申购资金退款日 2025-12-25(周四)2 | | 公司简介： 公司聚焦于光通信领域无源光器件产品的研发、制造与销售，主要业务板块包括无源光纤布线、无 源内连光器件及相关配套业务三大板块，主要产品包括光纤连接器、光纤 ...