New IPOs - Two new stocks are scheduled for subscription this week: Jiangyin Huaxin Precision Technology Co., Ltd. (Huaxin Precision, 603370) and Changzhou Sanxie Electric Co., Ltd. (Sanxie Electric, 920100) [1][2] - Huaxin Precision is a leading manufacturer in the precision stamping core sector, with over 20 years of experience and established partnerships with major companies like BYD and BMW [1][4] - Sanxie Electric specializes in the research, manufacturing, and sales of control motors, including stepper motors and servo motors, and was recognized as a national high-tech enterprise in 2023 [1][6] Recent IPO Performance - Last week, two new stocks were listed, with an average first-day increase of 351.2%, resulting in significant profits for investors [1][6] - Ningbo Nengzhiguang New Materials Technology Co., Ltd. (Nengzhiguang, 920056) and Shenyang Hongyuan Electromagnetic Wire Co., Ltd. (Hongyuan, 920018) both saw substantial price increases on their debut [6][7] Company Financials - For Huaxin Precision, the average revenue of comparable companies for 2024 is projected at 3.68 billion yuan, with an average PE-TTM of 40.35X and a gross profit margin of 12.31% [4] - Sanxie Electric's revenue for 2022, 2023, and projected 2024 is 287 million yuan, 362 million yuan, and 420 million yuan respectively, with net profits showing a consistent growth trend [6] Upcoming IPO Reviews - The Shanghai Stock Exchange, Shenzhen Stock Exchange, and Beijing Stock Exchange will hold new listing review meetings this week [8] - Companies under review include Nabai Chuan New Energy Co., Ltd. and Jiangsu Jingchuang Electric Co., Ltd., focusing on innovative technologies in the electric vehicle and cooling industries [9][10]

Group 1: New IPOs - This week, there are two new stocks available for subscription: one on the Shanghai Stock Exchange and one on the ChiNext [1][2] - The Shanghai Stock Exchange new stock, Jiyuan Group (603262), has an issue price of 10.88 yuan and a price-to-earnings ratio of 25.95 times, compared to the industry average of 15.28 times [2] - The ChiNext new stock, Shanda Electric (301609), has an issue price of 14.66 yuan and a price-to-earnings ratio of 19.57 times, with the industry average at 19.03 times [2] Group 2: Jiyuan Group Overview - Jiyuan Group specializes in the research, innovation, and industrialization of dietary nutritional supplements and is the largest global supplier of HMB raw materials [2][6] - HMB, or β-hydroxy-β-methylbutyrate, is a metabolite of the essential amino acid leucine, promoting protein synthesis and reducing breakdown, thus enhancing strength and delaying muscle fatigue [2] - The company has established long-term partnerships with major brands such as Abbott, Blackmores, and Nutramax, covering markets in China, Asia, the US, Europe, Australia, and South America [2] Group 3: Financial Performance of Jiyuan Group - From 2023 to the first quarter of 2025, Jiyuan Group achieved revenues of 892 million yuan, 1 billion yuan, and 265 million yuan, with net profits of 160 million yuan, 174 million yuan, and 43 million yuan respectively [2] Group 4: Shanda Electric Overview - Shanda Electric focuses on the research and industrialization of smart products related to power systems, with two main business segments: smart grid monitoring and renewable energy [3] - The company’s leading products include fault recording monitoring devices and transmission line fault monitoring devices [3] Group 5: Financial Performance of Shanda Electric - From 2023 to the first quarter of 2025, Shanda Electric reported revenues of 549 million yuan, 658 million yuan, and 111 million yuan, with net profits of 103 million yuan, 127 million yuan, and 17 million yuan respectively [3] Group 6: Fundraising Plans - Jiyuan Group plans to raise a total of 544 million yuan for projects including the construction of a nutritional health raw material production base and a technology innovation center [3][5] - Shanda Electric aims to raise 597 million yuan for projects related to smart grid fault analysis and production of intelligent charging piles for new energy vehicles [3][5] Group 7: North Chip Life IPO - North Chip Life is set to present its IPO on July 18, focusing on innovative medical devices for cardiovascular disease diagnosis and treatment [4] - The company’s core products include the first domestically approved high-definition IVUS diagnostic system and FFR measurement system, filling a gap in the domestic market [4][5]

Group 1: IPO and Financing Overview - Three companies are scheduled for IPO review next week (June 9-13), with a total fundraising target of 5.71 billion yuan [1] - The companies include Sanxie Electric, United Power, and Daoshengtianhe, with respective fundraising amounts of 1.59 billion yuan, 4.85 billion yuan, and 693.55 million yuan [2][3] Group 2: Company Profiles - **Sanxie Electric**: A high-tech enterprise specializing in the research, manufacturing, and sales of control motors, with a registered capital of 53.11 million yuan and a net profit of 56.36 million yuan in the last year [3][6] - **United Power**: Focuses on electric drive systems and power systems, with a registered capital of 2.12 billion yuan and a net profit of 93.59 million yuan in the last year [7] - **Daoshengtianhe**: Engaged in the research and production of new materials, with a registered capital of 527.52 million yuan and a net profit of 15.55 million yuan in the last year [8][9] Group 3: Fundraising Projects - **Sanxie Electric**: Plans to use the raised funds for expanding production of energy-saving control motors, building a research center, and supplementing working capital, with a total investment of 162.79 million yuan [6] - **United Power**: Aims to invest in the production of core components for new energy vehicles, with a total project investment of 668.10 million yuan [7] - **Daoshengtianhe**: Plans to invest in the production of high-end adhesives and composite resin systems, with a total project investment of 705.70 million yuan [11]