10月15日，华为常务董事、终端 BG 董事长余承东发布微博，晒出一款华为新产品，带有"日照金山"话题，并表示"猜猜这是啥？" 华为技术有限公司成立于1987年9月，法定代表人为赵明路，注册资本约410.4亿人民币，由华为投资控股有限公司全资持股。 从图片可以看到，这款产品上半部分采用透明外壳，其中有一个类似金色山峰的发光造型，下半部分是黑色底座，印有金色 HUAWEI 标志。 下方评论区不少网友猜测可能是台灯、音箱、路由器，余承东暂未给出回应。 现有的产品线中，华为路由 X1 Pro 采用了稍微类似的设计，上半部分透明 + 下半部分底座，不过新品并未看到散热孔设计。而音箱方面，华为 Sound X 系 列智能音箱也采用了类似的上半部分透明 + 下半部分底座设计。 天眼查App显示，今年7月，华为技术有限公司申请注册1枚"日照金山"商标，国际分类为科学仪器。 （齐鲁晚报·齐鲁壹点客户端编辑 武秀英 综合余承东微博、网友评论、天眼查） 都在用的商业查询工具 国家中小企业发展子基金旗下机构 查公司 查老板 查关系 查风险 请输入公司名称、老板姓名、品牌名称等 天眼一下 船 应用 ▼ 商务合作 企业级 | | 商标 ...

公司主营业务是印制电路板的研发、生产和销售。 公司直接控股股东为DynamicHolding，直接持有公司97.85%的股份，DynamicHolding系 WINTEK(MAURITIUS)全资子公司，WINTEK(MAURITIUS)系定颖电子全资子公司，定颖电子系定颖 投控全资子公司，因此定颖投控系公司间接控股股东。 公司的间接控股股东为中国台湾上市公司定颖投控。截至2025年3月24日，定颖投控第一大股东为 黄铭宏，黄铭宏及其一致行动人合计持有定颖投控9.02%的股份；定颖投控前十大股东合计持股比例为 14.70%，持股比例分散，无单一股东对定颖投控实施实质性控制，因此定颖投控无实际控制人，公司 无实际控制人。 超颖电子2025年9月26日披露的首次公开发行股票并在主板上市招股意向书 显示，公司拟募资 66,000.00万元，用于超颖电子电路股份有限公司高多层及HDI项目第二阶段、超颖电子电路股份有限公 司补充流动资金及偿还银行贷款。 超颖电子电路股份有限公司 保荐机构(主承销商)：国联民生证券承销保荐有限公司 发行情况： | 股票代码 | 603175 | 股票简称 | 超额电子 | | --- | ...

Core Viewpoint - The company, 超颖电子电路股份有限公司, has received approval for its initial public offering (IPO) of 525 million shares on the Shanghai Stock Exchange, with a determined issue price of 17.08 yuan per share [1][5][6]. Group 1: IPO Details - The IPO will consist of 525 million shares, all of which are new shares offered to the public [1]. - The offering will be conducted through a combination of strategic placement, offline inquiry, and online issuance [2]. - The strategic placement will involve senior management and core employees, as well as large enterprises with strategic cooperation [3]. Group 2: Pricing and Valuation - The determined issue price of 17.08 yuan per share corresponds to a price-to-earnings (P/E) ratio of 23.78 times based on the 2024 earnings before non-recurring gains and losses [6]. - The issue price is below the average static P/E ratio of 60.52 times for the industry as of October 10, 2025 [7][8]. - The total expected fundraising amount is 896.7 million yuan, exceeding the previously stated fundraising requirement of 660 million yuan [9][10]. Group 3: Subscription Process - Investors can subscribe to the shares on October 15, 2025, with specific time slots for online and offline subscriptions [5]. - The offline investors are required to commit to a 10% lock-up period for a portion of their shares, while 90% will be tradable immediately upon listing [11]. - Each investor can only choose one method of subscription, either online or offline [12]. Group 4: Risk and Compliance - The company emphasizes the importance of understanding the risks associated with the IPO, including the potential for the stock price to fall below the issue price after listing [10][16]. - The company and its underwriter will monitor the subscription process and may suspend the offering under certain conditions, such as insufficient subscription volume [13][15].

Core Viewpoint - Three new stocks from the Sci-Tech Innovation Board are set to be issued, with a total expected fundraising of 9.751 billion yuan [1][2]. Group 1: Company Summaries - **He Yuan Bio**: - Issuance date: October 14, 2025 - Total shares to be issued: 89.4514 million - Online issuance: 14.3120 million shares - Issuance price: 29.06 yuan - Company specializes in innovative biopharmaceuticals with a leading global plant bioreactor technology platform [1]. - Projected net profit for 2023 and 2024: -187 million yuan and -151 million yuan, respectively, with year-on-year changes of -30.22% and 19.04% [1]. - **Xi'an Yicai**: - Issuance date: October 16, 2025 - Total shares to be issued: 538 million - Online issuance: 53.78 million shares - The company focuses on the research, production, and sales of 12-inch silicon wafers in the semiconductor silicon materials sector [2]. - Projected net profit for 2023 and 2024: -578 million yuan and -738 million yuan, respectively, with year-on-year changes of -40.35% and -27.63% [2]. - **Bibet**: - Issuance date: October 17, 2025 - Total shares to be issued: 90 million - Online issuance: 14.4 million shares - The company is a biopharmaceutical firm focused on innovative drug development for major diseases such as cancer and autoimmune diseases [2]. - Projected net profit for 2023 and 2024: -173 million yuan and -55.9983 million yuan, respectively, with year-on-year changes of 8.27% and 67.59% [2].

Core Insights - Samsung (China) Investment Co., Ltd. has undergone significant management changes, with Li Dacheng transitioning from chairman to manager and director, while Luo Xuanshu has resigned from the board [1][2] - The company was established in March 1996 and is fully owned by Samsung Electronics Co., Ltd., with a registered capital of approximately $197.19 million [2] Company Information - The legal representative of the company is Li Dacheng, and it is registered as a foreign wholly-owned limited liability company [1][2] - The company operates in the computer, communication, and other electronic equipment manufacturing industry, with a business scope that includes investment activities, sales of home appliances, electronic products, communication equipment, and wearable smart devices [1][2] - The company has a registered address in Beijing and is subject to various operational licenses for its activities, including online data processing and medical device sales [1] Management Changes - Recent changes in key personnel have been noted, indicating a potential shift in company strategy or operations [1] - The company has reported a total of 1,562 insured employees, with 671 from its branches as of the 2024 report [1]

Core Points - The company, Chaoying Electronics Circuit Co., Ltd., is set to conduct an initial public offering (IPO) and list on the main board of the Shanghai Stock Exchange [2][5] - The IPO will utilize a combination of strategic placement, offline issuance, and online issuance methods [4][6] - The initial inquiry period for the IPO was from October 10, 2025, during which a total of 711 offline investors submitted 9,855 inquiries with a total subscription amount of 13,527,760 shares [6] Company Information - The stock code for the company is 603175, with the online subscription code being 732175 [5] - The total number of shares to be issued in this IPO is 5,250,000 shares, which represents 12.01% of the total share capital post-issuance [4] - The pricing for the shares was set between 13.71 yuan and 34.50 yuan per share during the inquiry period [6] Issuance Details - The strategic placement and offline issuance will be organized by Guolian Minsheng Securities as the main underwriter [3][4] - The online issuance will be directed towards public investors holding non-restricted A-shares and non-restricted depositary receipts in the Shanghai market [4] - Important dates for the issuance include the offline subscription date on October 15, 2025, and the online subscription date on the same day [4]

Core Viewpoint - The company, 超颖电子电路股份有限公司, has received approval for its initial public offering (IPO) of 525 million shares on the Shanghai Stock Exchange, with a determined issue price of 17.08 yuan per share [1][5]. Group 1: IPO Details - The IPO will consist of 525 million shares, all of which are new shares for public offering [1]. - The offering will be conducted through a combination of strategic placement, offline inquiry, and online issuance [2]. - The strategic placement will involve senior management and core employees, as well as large enterprises with strategic cooperation [3]. Group 2: Pricing and Valuation - The determined issue price of 17.08 yuan per share corresponds to a price-to-earnings (P/E) ratio of 23.78 times based on the 2024 earnings before non-recurring gains and losses [6]. - The issue price is below the average static P/E ratio of 60.52 times for the industry as of October 10, 2025 [7]. - The total fundraising amount from the IPO is expected to be 896.7 million yuan, exceeding the previously stated fundraising requirement of 660 million yuan [9]. Group 3: Subscription Process - Investors can subscribe to the shares on October 15, 2025, with specific time slots for online and offline subscriptions [5]. - The offline subscription will not require cumulative bidding, and the final pricing will be based on the inquiry results [5][9]. - Investors must ensure that their funds are available by October 17, 2025, for the subscription [14]. Group 4: Lock-up Periods - For offline investors, 90% of the allocated shares will have no lock-up period, while 10% will be subject to a 6-month lock-up [11]. - Strategic placement investors will have a lock-up period of 12 months from the IPO date [11]. Group 5: Market Context - The company operates in the computer, communication, and other electronic equipment manufacturing industry, which is classified under C39 [7]. - The pricing strategy follows a market-oriented approach, considering the valuation of comparable companies and market conditions [9].

Core Viewpoint - Hangzhou Zhongxin Jingyuan Semiconductor Co., Ltd. is preparing for an IPO on the Beijing Stock Exchange after previously applying for a listing on the Sci-Tech Innovation Board, which was terminated in July 2024 due to negative financial performance [1][2]. Company Overview - Established on September 28, 2017, with a registered capital of 503.225 million yuan [1]. - The main business involves the research, production, and sales of semiconductor silicon wafers [2]. - The company has no actual controlling shareholder, with major shareholders including Hangzhou Dahu Thermal Magnetic Electronics Co., Ltd. (14.41%) and Shanghai Shenhe Investment Co., Ltd. (8.64%) [1][2]. Financial Performance - Projected revenues for 2023 and 2024 are 1.335 billion yuan and 1.260 billion yuan, respectively [2]. - The company reported net losses of 931 million yuan and 729 million yuan for the same periods after deducting non-recurring gains and losses [2]. Leadership - The chairman, He Xianhan, was born in October 1957 and holds dual master's degrees from Waseda University and Nihon University [2]. - He is also the chairman of multiple companies, including Japan Magnetic Technology Holdings Co., Ltd. and Ferrotec (China) [2].

证券研究报告 2025 年 10 月 13 日 星期一 【新股发行跟踪（20251013）】 一、上周新股表现情况 上周（10 月 6 日-10 月 10 日）共有 1 只新股上市，上市首日涨跌幅为 349.82%。 表 1：上周新股表现 新股发行跟踪 图 2：周度新股上市首日涨跌幅均值及破发率 | 股票代码 | 股票简称 | 上市日期 | 上市 | 发行价 | 发行市 | 证监会行业 | 首日收盘 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 板块 | 格（元） | 盈率 | | 涨跌幅(%) | | 920080.BJ | 奥美森 | 2025-10-10 | 北证 | 8.25 | 12.52 | 专用设备制造业 | 349.82 | 资料来源：东莞证券研究所，iFinD 二、周度新股上市情况走势 从周度新股上市规模来看，上周（10 月 6 日-10 月 10 日，下同）较上 上周（9 月 29 日-10 月 3 日，下同）相比，上市新股数量少 1 只，首发募 资金额少 21.79 亿元。 从周度上市新股表现来看，上周与上上周均无 ...

Group 1 - Shenzhen Anpeilong Technology Co., Ltd. has obtained a patent for a "New Energy Vehicle Thermal Management System and Temperature Sensor," with authorization announcement number CN 119953134 B, and the application date is March 2025 [1] - The company was established in 2004 and is located in Shenzhen, primarily engaged in the manufacturing of computers, communications, and other electronic devices [1] - The registered capital of Shenzhen Anpeilong Technology Co., Ltd. is 98.401985 million RMB [1] Group 2 - According to Tianyancha data analysis, the company has invested in 9 enterprises and participated in 25 bidding projects [1] - The company holds 7 trademark information records and 109 patent information records, along with 49 administrative licenses [1]