Core Viewpoint - The newly listed company N Aomeisen (920080) on the Beijing Stock Exchange experienced a significant first-day increase of 349.82%, indicating strong market interest and investor confidence in its business model and growth potential [2][3]. Company Overview - N Aomeisen is a specialized manufacturer of intelligent equipment, focusing on the research, design, production, and sales of smart production devices and production lines. Its products are applicable across various sectors, including electrical appliances, environmental protection, wind power, and lithium battery new energy, playing a crucial role in achieving automation, intelligence, and efficiency in production [2]. Financial Performance - The company's projected net profits for 2022, 2023, and 2024 are 19.39 million, 48.16 million, and 55.82 million respectively, indicating a growth trajectory in profitability [3]. - The public offering consisted of 20 million shares at an issuance price of 8.25 yuan, with an initial price-to-earnings ratio of 12.52 times [3]. Market Activity - The total effective subscription for the online issuance reached approximately 85.38 million shares, resulting in an oversubscription ratio of 4493.50 times, reflecting high demand from investors [3]. - The online allocation ratio was notably low at 0.02%, indicating a competitive environment for shares among investors [3]. Recent IPO Performance - N Aomeisen's first-day closing price was 37.11 yuan, marking a substantial increase from its issuance price, which is part of a trend observed in recent IPOs on the Beijing Stock Exchange [3][4].

Core Viewpoint - Aomeisen Intelligent Equipment Co., Ltd. has successfully listed on the Beijing Stock Exchange, with a significant opening price increase and high trading volume, indicating strong market interest and investor confidence in the company’s growth potential [1]. Company Overview - Aomeisen specializes in the manufacturing of intelligent equipment, focusing on the research, design, production, and sales of smart production devices and production lines, including heat exchanger production equipment and customized intelligent devices [1]. - The company’s major shareholder, Zhongshan Aomeisen Industrial Technology Co., Ltd., held 45.75% of the shares before the IPO, which decreased to 34.31% post-issuance (before overallotment) [1][2]. Financial Performance - Aomeisen's revenue for 2022, 2023, and 2024 was reported at 278.68 million yuan, 324.94 million yuan, and 358.41 million yuan respectively, with net profits of 20.13 million yuan, 49.76 million yuan, and 58.81 million yuan [7][11]. - The company’s operating cash flow has shown a positive trend, with net cash flow from operating activities increasing from 29.39 million yuan in 2022 to 116.85 million yuan in 2024 [8][9]. Fundraising and Use of Proceeds - Aomeisen plans to raise approximately 16.51 million yuan through the issuance of shares, with funds allocated for the construction of a digital forming equipment production base and a research and development center [5][6]. - The total investment for these projects is estimated at 43.27 million yuan, with the company covering the remaining costs through its own funds [6]. Shareholder Structure - The actual controllers of Aomeisen are identified as Long Xiaobin, Long Xiaoming, Guan Yinqiu, and Lei Lin, with a combined direct and indirect control of 73.77% of the company’s shares [2]. - Post-IPO, the controlling shareholders will maintain significant influence over the company, holding 55.32% of the shares (before overallotment) [2]. Market Position and Competitiveness - The company has been questioned regarding the sustainability of its revenue growth and the authenticity of its financial performance, particularly in relation to industry peers [4]. - Aomeisen's gross profit margin has been noted to be higher than that of comparable companies, raising inquiries about the reasons behind this discrepancy [4]. Future Projections - For the year 2025, Aomeisen anticipates revenue between 37 million yuan and 42 million yuan, with net profit projections ranging from 6 million yuan to 7 million yuan, indicating a growth rate of 7.48% to 25.40% [11].

Core Viewpoint - The company is focusing on expanding its overseas business, which currently represents a small portion of its total revenue, specifically 1.35% in the first half of 2025 [1] Group 1 - The overseas revenue of the company accounted for 1.35% of total revenue in the first half of 2025 [1] - The company views the overseas market as one of its target growth areas [1] - Currently, the overseas business constitutes a minor part of the company's overall operations [1]

Market Overview - The A-share market experienced narrow fluctuations on October 10, with significant adjustments in the ChiNext and Sci-Tech 50 indices, closing with the Shanghai Composite Index down 0.51%, the Shenzhen Component Index down 1.85%, and the ChiNext Index down 3.40% [1][6] Margin Trading - As of October 9, the margin trading balance in the Shanghai, Shenzhen, and North markets reached 24,455 billion, setting a new historical high, with a single-day increase of approximately 514 billion, marking the second highest single-day growth on record [3][4] - The financing balance also reached a record high of 24,292 billion, with a single-day increase of about 508 billion, also the second highest single-day growth [4] Stock Performance - The ChiNext Index saw a significant drop, with some constituent stocks like XianDao Intelligent falling over 14%, while the Sci-Tech 50 Index dropped more than 4% during the session, with stocks like Jinghe Integrated and Baiwei Storage leading the declines [5][7][6] - Several brokerage firms adjusted the margin trading collateral ratios for multiple stocks, including SMIC, to 0, following exchange regulations regarding risk warnings and high static P/E ratios [7] New Listings - A new stock, Aomeisen, was listed today, experiencing a peak increase of over 380% during trading. The company specializes in intelligent equipment manufacturing, focusing on the R&D, design, production, and sales of smart production equipment applicable in various industries [8]

Core Points - N Aomisen (920080) was listed on the Beijing Stock Exchange, opening with a significant increase of 337.70%, and closing with a rise of 336.24% at midday [2] - The company specializes in intelligent equipment manufacturing, focusing on the research, design, production, and sales of intelligent production equipment and production lines, applicable in various industries including electrical appliances, environmental protection, wind power, and lithium battery new energy [2] Financial Summary - The company's net profits for 2022, 2023, and 2024 are projected to be 19.39 million yuan, 48.16 million yuan, and 55.82 million yuan respectively [3] - The public offering consisted of 20 million shares at a price of 8.25 yuan per share, with an initial price-to-earnings ratio of 12.52 times [3] - The effective subscription amount for the online issuance reached 85,376,549.7 shares, with a subscription multiple of 4,493.5 times and a total of 598,800 subscribers, resulting in an allocation ratio of 0.02% [3]

Market Overview - The A-share market experienced narrow fluctuations on October 10, with the ChiNext Index and the Sci-Tech 50 Index showing significant adjustments during the session. The Shanghai Composite Index fell by 0.51%, the Shenzhen Component Index dropped by 1.85%, and the ChiNext Index decreased by 3.40% [1][4]. Margin Trading - As of October 9, the margin trading balance in the Shanghai, Shenzhen, and North markets reached a historical high of 24,455 billion yuan, with a single-day increase of approximately 514 billion yuan, marking the second-highest single-day growth on record since October 8, 2024 [2][3]. - The financing balance also hit a record high of 24,292 billion yuan, with a single-day increase of about 508 billion yuan, which is the second-highest single-day growth level recorded [3]. Sector Performance - The Sci-Tech 50 Index saw a decline of over 4% during the session, following a recent four-year high. Notable declines were observed in stocks such as Jinghe Integrated, which fell by over 11%, and other stocks like Baiwei Storage and SMIC also led the downturn [5]. - In terms of sector performance, the building materials, textile and apparel, coal, and beauty care sectors showed gains, while the power equipment, electronics, and computer sectors experienced declines [5]. New Listings - A new stock, Aomeisen, was listed today, with its price surging over 380% during the session. Aomeisen specializes in intelligent equipment manufacturing, focusing on the research, design, production, and sales of smart production equipment and lines, applicable across various industries including electrical appliances and renewable energy [6].

Core Viewpoint - The A-share market experienced a narrow fluctuation on October 10, 2023, with significant adjustments in the ChiNext and Sci-Tech 50 indices, leading to declines in major indices [1][5]. Margin Trading Scale - As of October 9, 2023, the margin trading balance in the Shanghai, Shenzhen, and North markets reached 24,455 billion, setting a new historical high. The single-day increase on October 9 was approximately 514 billion, marking the second highest single-day growth in history [3][4]. - The financing balance also reached a record high of 24,292 billion, with a single-day increase of about 508 billion on October 9, which is the second highest level recorded [4]. Index Performance - The ChiNext index saw a decline of over 3% during the session, with stocks like XianDao Intelligent dropping more than 14% [6]. - The Sci-Tech 50 index experienced a more significant drop, exceeding 4% at one point, following a recent peak that marked a four-year high [7][8]. Stock Adjustments - Several brokerage firms adjusted the margin trading collateral ratio for multiple stocks, including SMIC, to 0, based on exchange regulations regarding risk warnings and financial metrics [9]. Sector Performance - In terms of sector performance, the building materials, textile and apparel, coal, and beauty care sectors saw gains, while the power equipment, electronics, and computer sectors faced declines [10]. New Stock Listing - A new stock, Aomeisen, was listed on the market, with its price surging over 380% during the session. The company specializes in intelligent equipment manufacturing, focusing on smart production devices and lines applicable across various industries [11][12].

天眼查工商信息显示，近日，广东智勤精密装备有限公司成立，法定代表人为王仕超，注册资本2000 万，经营范围含智能基础制造装备制造、智能基础制造装备销售、智能家庭消费设备制造、可穿戴智能 设备制造、智能仪器仪表制造、电子专用设备制造、半导体器件专用设备制造等。股东信息显示，该公 司由华勤技术全资持股。 ...

Core Points - N Aomeisen (920080) was listed on the Beijing Stock Exchange today, opening at 36.11 yuan, representing a 337.70% increase from the issue price [1] - The company specializes in intelligent equipment manufacturing, focusing on the research, design, production, and sales of intelligent production equipment and lines, applicable in various industries such as electrical appliances, environmental protection, wind power, and lithium battery new energy [1] - The company's listing application was accepted on June 21, 2024, taking a total of 476 days from acceptance to listing [1] Financial Summary - The company issued 20 million shares at an issue price of 8.25 yuan, with an earnings per share (EPS) ratio of 12.52 times [1] - The online issuance was 16 million shares, with an oversubscription of 30 million shares, leading to a total online issuance of 19 million shares [1] - The effective subscription amount for this issuance was approximately 85,376,549.7 shares, with a subscription multiple of 4,493.50 times and 598,800 effective subscription accounts, resulting in an allocation ratio of 0.02% [1] Profit Forecast - The company's projected net profits for 2022, 2023, and 2024 are 19.39 million yuan, 48.16 million yuan, and 55.82 million yuan, respectively [2]

Core Viewpoint - Aomeisen (920080) has been listed on the Beijing Stock Exchange, focusing on intelligent equipment manufacturing, particularly in smart production devices and production lines [1][2]. Company Overview - Aomeisen specializes in the research, design, production, and sales of intelligent production equipment, including heat exchanger production equipment, pipeline processing equipment, and other customized intelligent devices such as environmental equipment and lithium battery hot-pressing equipment [2]. - Before the issuance, Aomeisen Technology held 27.4486 million shares, accounting for 45.75% of the total share capital, making it the controlling shareholder [2][3]. Shareholding Structure - After the issuance, Aomeisen Technology's shareholding will decrease to 34.31% (before the exercise of the over-allotment option) and 33.07% (after the exercise of the over-allotment option) [2]. - The actual controllers of the company are Long Xiaobin, Long Xiaoming, Guan Yinqiu, and Lei Lin, with Long Xiaobin and Long Xiaoming being brothers, and Long Xiaobin and Guan Yinqiu being spouses [2][3]. Voting Rights and Control - Aomeisen Technology's shareholding allows it to significantly influence shareholder meeting resolutions, holding 73.77% of the total share capital when considering direct and indirect control by the actual controllers [3]. - Post-issuance, the actual controllers will directly or indirectly control 55.32% (before the over-allotment option) and 53.32% (after full exercise of the over-allotment option) of the shares [3]. Fundraising and Use of Proceeds - The total amount raised from this issuance is 165 million yuan, with a net amount of 141.6538 million yuan after deducting non-tax issuance costs [3]. - The funds will be used for the construction of a production base for digital forming equipment for metal pipes and other customized intelligent equipment, as well as for the establishment of a research and development center [3].