5月30日，陕西旅游、三瑞智能、宏明电子、大亚股份4家公司IPO获得受理，创下2025年以来单日受理数新高。在上述4家企业中，三瑞智能、宏明电子拟 闯关创业板，也是年内创业板首批受理企业。经统计，截至目前，年内沪深北交易所共有27家企业IPO获受理，其中北交所共受理18家公司IPO申请，占比 66.67%；主板、科创板、创业板分别受理4家、3家、2家公司IPO申请。从拟募资金额看，27家获受理企业中，深市主板IPO华润新能源拟募资额最高，约 245亿元。 | 序号 | | | | | | --- | --- | --- | --- | --- | | | 证券代码 | 了 证券名称 | 7 N | IPO受理日期 | | 1 | A06739.SZ | | 宏明申子 ピ | 2025-05-30 | | 2 | A04617.SH | | 陕西旅游 〜 | 2025-05-30 | | 3 | A06738.SZ | | 三瑞智能 ◎ | 2025-05-30 | | 4 | A06737.BJ | | 大亚股份 | 2025-05-30 | | 5 | A06735.BJ | | 美德氏 ~ | 2025- ...

Group 1: Company Overview - Sanrui Intelligent Technology Co., Ltd. (Sanrui Intelligent) and Chengdu Hongming Electronics Co., Ltd. (Hongming Electronics) have been accepted for IPO review on the ChiNext board, marking them as the first batch of companies for 2025 [1] - Sanrui Intelligent, established in 2009, is a leading manufacturer of drone and robot power systems, with products sold in over 100 countries and regions [2][3] - Hongming Electronics specializes in the research, production, and sales of new electronic components and precision components, with over 60 years of experience in the industry [7][8] Group 2: Financial Information - Sanrui Intelligent plans to raise 769 million yuan (approximately 7.69 billion yuan) to expand its drone and robot power system production, build a research center and headquarters, and upgrade its information technology and smart warehousing [2][3] - Financial projections for Sanrui Intelligent show revenues of 362 million yuan, 534 million yuan, and 831 million yuan for the years 2022, 2023, and 2024 respectively, with net profits of 101 million yuan, 162 million yuan, and 321 million yuan for the same years [2] - Hongming Electronics aims to raise approximately 1.951 billion yuan (19.51 billion yuan) to invest in various projects, including high-energy pulse capacitor industrialization and new electronic components production [8] Group 3: Industry Context - The drone and robot power system industry, where Sanrui Intelligent operates, is encouraged and supported by national policies, indicating a favorable regulatory environment [3] - Electronic components, the focus of Hongming Electronics, are critical for national defense modernization and the development of the electronic information technology industry, highlighting their strategic importance [7][8]

文/梧桐晓编 5月30日，深、沪、北三交易所共受理4家企业的IPO申请：深交所受理成都宏明电子、南昌三瑞智能科技的创业板IPO申请，上交所受理陕西旅游文化产业的主板 IPO申请，北交所受理大亚股份（832532）的IPO申请。深交所这两家IPO申请也是2025年首次获得受理的创业板IPO。值得一提的是，宏明电子股东共有547名， 2023年、2024年营收、扣非归母净利润同比持续下降，但2024年扣非净利润仍有2.767亿元。南昌三瑞智能2024年在全球民用无人机电动动力系统（不含动力电 池）市场的市场份额为7.1%，市场份额仅次于大疆创新，排名全球第二。报告期业绩快速增长。陕西旅游文化产业股份有限公司2022年亏损，2024年扣非净利润 超5亿元，选择主板上市第二套标准。 | | | | | | | | | | | | 1 7 1 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 序号 | 发行人全称 | | 板块 | | | 证监会行业 | 保存机构 | 律师事务所 | 会计师事务所 | 更新日期 | ...

IPO市场新动态。 5月30日，共有4家IPO企业获得受理，其中创业板打破今年"0受理"现象，迎来首批IPO项目。 根据券商中国记者统计，今年5月，沪深北三大交易所集中受理一批拟上市企业IPO申请，数量达16家，较前4 个月受理情况实现大幅跃升，创今年单月新高。其中北交所受理家数仍然最多，占比接近70%。 截至目前，今年共有27家企业获得受理，数据显示，这批拟上市企业的盈利能力大多表现较强。据券商中国记 者统计最新一年表现，比如深市主板今年受理的IPO企业扣非净利润均值达7.87亿元，沪市主板均值为3.52亿 元，创业板均值2.99亿元，北交所0.92亿元。 创业板受理今年首批IPO项目 5月30日，创业板终于迎来今年首批IPO项目的受理，共有2单项目，分别为三瑞智能IPO、宏明电子IPO。 公开资料显示，两家企业均属于战略性新兴产业，是新质生产力的代表。从财务指标来看，其盈利能力甚至超 过往年主板IPO企业。 具体来看， 三瑞智能 主营业务为无人机电动动力系统及机器人动力系统的研发、生产和销售。其中在无人机 电动动力系统方面，根据弗若斯特沙利文行业研究报告，按2024年销售额统计，公司2024年在全球民用无 ...

截至2025年5月30日收盘，雅创电子（301099）报收于42.67元，较上周的43.7元下跌2.36%。本周，雅 创电子5月29日盘中最高价报44.18元。5月28日盘中最低价报42.21元。雅创电子当前最新总市值48.71亿 元，在其他电子板块市值排名21/32，在两市A股市值排名2948/5146。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 机构调研要点：公司并购重组将围绕IC设计业务展开，分销业务规模持续扩张。 机构调研要点：自研IC业务毛利率稳定在40%-45%，2024年毛利率为46.95%。 机构调研要点：一季度汇兑损失约960万元，主要因日币汇率大幅升值。 机构调研要点：威雅利自2024年9月并入公司后已实现扭亏为盈。 机构调研要点：2025年一季度销售额135,512.62万元，同比增长121.05%。 本周关注点 公司自研IC业务毛利率相对稳定，自2019年以来，毛利率基本保持在40%-45%左右，2024年度毛利率为 46.95%，同比增加6.52个百分点。 2025年一季度，公司汇兑损失约960万元， ...

Group 1 - Mergers and acquisitions (M&A) are crucial for enhancing the quality of listed companies, optimizing resource allocation, and promoting economic structural transformation [1] - The Shenzhen Stock Exchange held a collective performance briefing for listed companies, focusing on the theme "Hundred Rivers Converging: M&A Reshaping Opportunities" [1] - Companies such as China Tungsten High-Tech, Tongrun Equipment, Changchuan Technology, and Yachuang Electronics presented their performance highlights and development strategies [1] Group 2 - The demand for industrial integration and technological upgrades through M&A is increasing as China's economy shifts towards high-quality development [2] - China Tungsten High-Tech's restructuring project was approved, enhancing its tungsten industry chain and significantly increasing self-sufficiency in tungsten resources [2] - The acquisition of Hunan Shizhu Garden Nonferrous Metals Co. by China Tungsten High-Tech is expected to stabilize raw material price fluctuations [2] Group 3 - Changchuan Technology has successfully acquired 100% stakes in Singapore's STI and Malaysia's EXIS, leveraging existing platforms to expand overseas [3] - Tongrun Equipment has diversified its business into renewable energy through the acquisition of Zhengtai Power, creating a dual-main business model [3] - The merger has led to mutual benefits, enhancing revenue and profit for both Tongrun Equipment and Zhengtai Power [3] Group 4 - Recent policies, including the "New National Nine Articles" and "M&A Six Articles," aim to strengthen M&A reforms and enhance market vitality [4] - Yachuang Electronics has achieved synergies between different business segments through M&A, expanding its distribution business [4] - The company plans to explore further industrial investments and M&A opportunities to enhance operational efficiency and profitability [4] Group 5 - China Tungsten High-Tech is actively planning to acquire additional mining assets beyond Shizhu Garden [5] - The new M&A policies encourage companies to think broadly about M&A directions and targets, boosting confidence among enterprises and investors [6] - Since the release of the "M&A Six Articles," there has been a significant increase in M&A activities, with 817 transactions totaling 379.7 billion yuan, marking a year-on-year growth of 63% and 111% respectively [6]

物感见 S090061505 "符手"股票进出 关税事件的冲击最高峰已经过去,近期A股市场在波 折中继续修复。在存量资金博弈的格局中,如何把握 好风格和热点轮动的节奏?对于想要入门的新手和想 要提升专业选股能力的客户该如何快速进阶?如何选 择适合自己的投资风格和投资理念?面对这些问题, 本期投顾访谈栏目特地邀请了"猎手"股票池投顾服务 产品及提升课投顾服务产品主创,来自浙江分公司金 华八一北街营业部投资顾问杨燕如老师,与我们一道 解码市场,以下是本次访谈的精华要点。 主创简介 证券投资顾问执业编号: S0900615050113 现任浙江分公司金华八一北街营业部证券 投资顾问,证券从业17年。 获2022年新浪财经-金麒麟最佳投资收益奖,获 2023年新财富最佳公募基金配置奖。 曾任今日头条专栏老师,叶檀财经节目嘉宾。 投资理念 Q: 您觉得何种风格的投资者会比较契合您的投资理念? A: 我认为在股市中,有明确投资目标的投资者,契合我的 投资理念。作为投资者在这个市场上想赚钱,需要先明 确自己的目标,或是叫初心吧。如果目标是长期增值, 可以选择成长型投资,关注具有高增长潜力的公司。如 果目标是保值增值,那么可 ...

证券代码：002138 证券简称：顺络电子 深圳顺络电子股份有限公司投资者关系活动记录表 | | 以公司战略实现为目的"的人才发展策略，重点开展人力资 | | --- | --- | | | 源管理体系（全方位人才保障）、战略管理体系（有效实现）、 | | | 研发体系（缩短研发周期并提高项目成功率）、营销体系（新 | | | 产品、新市场开拓）的建设与管理水平的提升，培养了一大 | | | 批高质量的技术人才、营销人才与管理人才。 | | 关于本次活动是否 | | | 涉及应披露重大信 | 不涉及应披露重大信息 | | 息的说明 | | | 活动过程中所使用 | | | 的演示文稿、提供 无 | | | 的文档等附件（如 | | | 有，可作为附件） | | 4 1 | 而汽车电子、数据中心、氢燃料电池、人形机器人等领 | | --- | | 域是公司大力发展的新兴业务领域，公司基于自身长期积累 | | 的客户资源优势、系统性研发优势、交付能力及质量优势、 | | 人才和组织优势，将在不断快速成长的新兴市场领域中快速 | | 发展。 | | 3、请问公司汽车电子业务发展概况？ | | 回答： | | 汽车电 ...

Core Viewpoint - The company has announced a new guarantee of 20 million RMB for its subsidiary, Jiangxi Baida New Energy Co., Ltd, which is within the approved limit for guarantees and aims to enhance the subsidiary's financing efficiency [2][4][8]. Summary by Sections Guarantee Overview - On May 8, 2025, the company applied for a commercial acceptance bill guarantee for Jiangxi Baida, totaling 20 million RMB, with a guarantee date of May 8, 2025, and a maturity date of November 8, 2025 [4]. - The company has approved a total guarantee limit of 1.43 billion RMB for its subsidiaries during the 2025 fiscal year [4]. Basic Information of the Guaranteed Entity - Jiangxi Baida was established on September 3, 2018, with a registered capital of 305.9 million RMB and is 85% owned by the company [5][6]. - The company operates in the photovoltaic equipment manufacturing sector and has not yet commenced production on its solar cell project [6]. Main Content of the Guarantee - The guarantee provided is a joint liability guarantee for the electronic commercial acceptance bill, aimed at increasing the bill's creditworthiness and liquidity [7]. - The guarantee is considered necessary to meet the operational needs of the subsidiary and is expected to enhance its independent operational capabilities [7]. Board of Directors' Opinion - The guarantee is intended to accelerate cash flow and reduce financing costs, aligning with the company's operational and developmental needs [8]. - The total amount of external guarantees stands at 514.23 million RMB, which is 40.08% of the company's latest audited net assets, with no overdue guarantees reported [8].

Core Viewpoint - The company held a successful online performance briefing for the fiscal year 2024 and the first quarter of 2025, with a 100% response rate to investor questions, indicating strong investor engagement and transparency [1]. Group 1: Financial Performance and Management - The company's overall asset-liability ratio is at a healthy level, with both the headquarters and subsidiaries maintaining lower-than-industry average debt levels [2]. - The company has developed a market value management plan and is actively working on it, responding to shareholder requests and stock price trends [2][3]. - The company reported that its first-quarter performance was impacted by various factors, including price competition in the consumer electronics market, leading to a decline in gross margins [8][29]. Group 2: Business Operations and Market Position - The company is focusing on core product development in response to customer demands and market trends, particularly in the areas of AI, automotive electronics, and new technologies [4][9]. - The company has successfully maintained stable supply relationships with major clients, including those in the server and mobile phone industries [8][11]. - The company is optimistic about the growth potential in the automotive electronics and AI sectors, which are expected to drive demand for magnetic components [9][48]. Group 3: Future Outlook and Strategic Initiatives - The company plans to continue increasing R&D investments, particularly in high-performance and high-value-added products, to enhance competitiveness [7][10]. - The company aims to maintain a strong focus on key markets such as cloud data centers, automotive electronics, and renewable energy storage [9][48]. - The company is exploring new business opportunities in emerging fields like robotics and health care, which are anticipated to contribute to future growth [9][10].