电子树脂

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IPO要闻汇 | 本周2只新股申购,北芯生命闯关科创板
Cai Jing Wang· 2025-07-14 09:55
IPO Review and Registration Progress - Two companies, Chao Ying Electronics and Bei Kuang Testing, successfully passed their IPO reviews last week [2][3] - Chao Ying Electronics focuses on the research, production, and sales of printed circuit boards, primarily for automotive electronics, with over 80% of its revenue coming from overseas sales. The company aims to raise 660 million yuan through its IPO [2] - Bei Kuang Testing is a leading domestic service provider in the inspection and testing of non-ferrous metal resources, projecting revenues of 148 million yuan and a net profit of 55 million yuan for 2024 [3] - One company, Bei Xin Life, is scheduled for an IPO review this week, specializing in innovative medical devices for cardiovascular diseases [4] - United Power's IPO registration was approved, with projected revenues of 16.178 billion yuan and a net profit of 936 million yuan for 2024 [5] - Two companies, Jing Yang Machinery and Wan Tai Co., voluntarily terminated their IPO applications [6] New Stock Subscription and Listing Dynamics - Two new stocks, Yi Tang Co. and Tong Yu New Materials, were listed last week, with Yi Tang Co. seeing a first-day increase of 174.56% [7][8] - Yi Tang Co. specializes in wafer processing equipment for integrated circuit manufacturing, projecting revenues of 4.633 billion yuan for 2024 [7] - Tong Yu New Materials, which focuses on electronic resin production, had a first-day increase of 128.05% [7] - This week, two new stocks, Shan Da Electric and Ji Yuan Group, are scheduled for subscription, with Shan Da Electric's offering price set at 14.66 yuan per share [9][10] - Ji Yuan Group, specializing in dietary supplement products, plans to issue shares at 10.88 yuan each [10][11] Policy and Regulatory Developments - The Shanghai Stock Exchange has implemented new business rules for the Sci-Tech Innovation Board, enhancing the inclusivity and adaptability of the market [12] - The establishment of the "Sci-Tech Growth Layer" aims to better serve technology innovation enterprises and meet diverse investor needs [12]
祝贺!PCB行业上市公司再+1
Sou Hu Cai Jing· 2025-07-10 07:44
Core Viewpoint - Tongyu New Materials successfully listed on the Shenzhen Stock Exchange on July 10, 2025, marking a significant milestone for the company [2]. Group 1: Company Overview - Tongyu New Materials specializes in the research, production, and sales of electronic resins, which are essential materials in the electronic information industry, particularly for copper-clad laminates and printed circuit boards [6]. - The company has developed five product categories and possesses high-efficiency production capabilities, having mastered several core technologies through independent research and development [6]. Group 2: IPO Details - The company issued 10 million A-shares at a price of 84.00 yuan per share, increasing the total share capital to 40 million shares post-IPO [3]. - The funds raised from the IPO will be allocated to a project for producing 200,000 tons of electronic resin and for supplementing working capital [16]. Group 3: Financial Performance - Tongyu New Materials reported revenues of 1.193 billion yuan, 886 million yuan, and 952 million yuan for the years 2022, 2023, and 2024, respectively, with net profits of 188 million yuan, 164 million yuan, and 143 million yuan during the same period [14]. - For the first half of 2025, the company anticipates a revenue increase of 29.09% and a net profit increase of 4.11% compared to the same period in the previous year [14]. Group 4: R&D and Market Position - The company has a compound annual growth rate of 20.28% in R&D investment from 2022 to 2024, focusing on enhancing domestic production capabilities in the electronic resin sector [14]. - Tongyu New Materials has successfully broken the monopoly of international leaders in the lead-free and halogen-free copper-clad laminate resin market, reducing reliance on foreign suppliers [14][16].
董事长专访 | 同宇新材张驰:将电子树脂从“软肋”锻造为“硬拳头”
Shang Hai Zheng Quan Bao· 2025-07-09 18:17
Core Viewpoint - The article highlights how Tongyu New Materials, under the leadership of Zhang Chi, has transformed from a domestic player in the electronic resin sector to a key contributor in the core materials of the electronic industry, focusing on lead-free and halogen-free copper-clad laminates [1][2]. Company Development - Tongyu New Materials was established in 2015, targeting the domestic electronic industry's reliance on foreign materials, and quickly gained certifications from major clients like Kingboard, Nanya, and Shantou Ultrasound [2][3]. - The company has developed a comprehensive team covering the entire supply chain, allowing for rapid response to customer needs, distinguishing itself from foreign competitors [2][3]. Technological Advancements - The company has overcome several technical challenges in producing modified epoxy resins, achieving 17 authorized invention patents, thus turning its previous weaknesses into strengths [3][6]. - Tongyu New Materials is one of the few domestic companies mastering multiple series of lead-free and halogen-free electronic resin technologies, actively promoting the localization of high-end applications [6][7]. Market Potential - Electronic resins account for 20% of the cost of copper-clad laminates, which are essential for printed circuit boards (PCBs) used in various industries, including smart appliances and automotive electronics [4][5]. - The global PCB substrate market was valued at $81.742 billion in 2022 and is expected to reach $101.56 billion by 2026, indicating significant growth potential for the electronic resin industry [4][5]. Future Outlook - The company plans to leverage its upcoming IPO to attract talent and enhance its production capacity, addressing current bottlenecks in meeting customer demand [7][8]. - The proposed investment project aims to produce 20,000 tons of electronic resin annually, which will help alleviate capacity constraints and strengthen the company's market position [7][8].
加码高端电子树脂产能 同宇新材将于7月10日在深交所上市
Zheng Quan Ri Bao Wang· 2025-07-09 12:14
Core Viewpoint - The demand for high-end electronic resins is increasing due to the global PCB industry shifting to China, with the company Tongyu New Materials planning to raise funds for expanding production capacity to meet this demand [1][3]. Company Summary - Tongyu New Materials is set to be listed on the Shenzhen Stock Exchange on July 10, primarily to raise funds for its subsidiary's project to produce 200,000 tons of electronic resin annually, addressing capacity constraints [1]. - The company has a production capacity utilization rate projected at 100.04%, 105.93%, and 116.37% for the years 2022 to 2024 [1]. - The chairman of Tongyu New Materials emphasized that the fundraising project will effectively expand the company's production capacity and enhance its competitive and profitability capabilities [1]. Industry Summary - China is currently the largest producer of copper-clad laminates globally, but the high-performance electronic resins used in these laminates are still dominated by companies from the US, South Korea, Japan, and Taiwan, indicating a significant domestic supply gap [2]. - The electronic resin market is crucial for the production of copper-clad laminates, semiconductor packaging materials, and other electronic components, which are essential for high-tech industries [1][2]. - The demand for electronic resins is expected to rise with the development of high-density interconnect printed circuit boards, driven by trends in miniaturization and lightweight electronic products [2]. - The company is focusing on R&D, with a compound annual growth rate of 20.28% in R&D investment from 2022 to 2024, aiming to reduce reliance on foreign suppliers and increase the domestic production rate of high-performance electronic resins [2][3]. - The market for high-performance electronic resins is anticipated to grow significantly due to the ongoing advancements in 5G and 6G communication technologies, AI computing power, and automotive intelligence [5].
四川大学博士控股,主营产品属于PCB上游原材料,中一签同宇新材能赚12万元吗?
Mei Ri Jing Ji Xin Wen· 2025-07-09 09:58
Company Overview - Tongyu New Materials has been deeply engaged in the electronic resin field for nearly 10 years, breaking the monopoly of international leading companies in the lead-free and halogen-free copper-clad laminate applicable electronic resin sector [2] - The company specializes in the research, production, and sales of electronic resins, primarily used in the production of copper-clad laminates, with products including MDI modified epoxy resin, DOPO modified epoxy resin, high-bromine epoxy resin, BPA-type phenolic epoxy resin, and phosphorus-containing phenolic resin curing agents [2] Industry Insights - The electronic resin industry is crucial as it is one of the three main raw materials for producing copper-clad laminates, which are fundamental materials for processing printed circuit boards (PCBs) [2] - The copper-clad laminate industry in mainland China has seen rapid growth, with the output value increasing from $6.1 billion in 2014 to $9.3 billion in 2023, benefiting from the global PCB industry shifting to mainland China [2] Financial Performance - The company achieved operating revenues of 1.193 billion yuan, 886 million yuan, and 952 million yuan for the years 2022, 2023, and 2024, with year-on-year growth rates of 25.95%, -25.70%, and 7.47% respectively [2] - The net profit attributable to the parent company for the same years was 188 million yuan, 164 million yuan, and 143 million yuan, with year-on-year growth rates of 38.98%, -12.51%, and -12.87% respectively [2] - In Q1 2025, the company reported operating revenue of 276 million yuan, a year-on-year increase of 25.60%, while the net profit attributable to the parent company was 33 million yuan, a decrease of 4.43% year-on-year [2] IPO Details - The company plans to issue 10 million new shares in its IPO, raising 840 million yuan, with the funds intended for a 200,000-ton electronic resin project and to supplement working capital [3] - The company is currently experiencing tight production capacity, with utilization rates exceeding 100% during the reporting period [3] Valuation and Market Performance - Tongyu New Materials has a certain valuation advantage, with an issuance price-to-earnings ratio of 23.7 times, compared to an average dynamic P/E ratio of 36.88 times for comparable companies [5] - If the company achieves the average valuation of comparable companies on its first trading day, it would require a 55.6% increase from its issuance price [5] - The issuance price of 84 yuan is relatively high, and similar new stocks with prices around this level have shown an average first-day increase of 85.36%, significantly lower than the average first-day increase of 291.59% for new stocks over the past year [5]
同宇新材IPO迎来新进展,以电子树脂创新赋能覆铜板产业升级
Cai Fu Zai Xian· 2025-07-07 04:24
Group 1 - The copper-clad laminate industry in China is experiencing a trend of product structure upgrades, with lead-free, halogen-free, high-frequency, high-speed, and IC packaging becoming mainstream, leading to an expanding market size and promising industry prospects [1] - Tongyu New Materials (Guangdong) Co., Ltd. has gained attention as its IPO review status has changed to "registration effective" on the Shenzhen Stock Exchange's Growth Enterprise Market, reflecting its progress in line with industry trends [1][4] Group 2 - Tongyu New Materials focuses on the electronic resin sector, providing systematic resin solutions for the mid-to-high-end copper-clad laminate industry, meeting strict requirements for purity, performance, and stability [2] - The company has received several honors, including being recognized as a national-level "specialized and innovative" small giant enterprise and a champion demonstration enterprise in Guangdong's manufacturing sector, showcasing its strong capabilities in technology research and product quality [3] - With an experienced core management team, Tongyu New Materials is preparing for future development by mastering core technologies in lead-free, halogen-free, and high-speed electronic resins, aiming to enhance domestic production in high-end application areas [4]
A股申购 | 同宇新材(301630.SZ)开启申购 全资子公司面临亏损风险
智通财经网· 2025-06-30 22:47
Core Viewpoint - Tongyu New Materials (301630.SZ) has initiated its IPO with a price of 84 CNY per share and a price-to-earnings ratio of 23.94 times, focusing on the development, production, and sales of electronic resins primarily used in copper-clad laminate production [1] Group 1: Company Overview - Tongyu New Materials specializes in electronic resin products, including MDI modified epoxy resin, DOPO modified epoxy resin, high-bromine epoxy resin, BPA-type phenolic epoxy resin, and phosphorus-containing phenolic resin curing agents [1] - The company has established long-term partnerships with well-known manufacturers in the copper-clad laminate industry, such as Kingboard Group, Shengyi Technology, Nanya New Material, Huazheng New Material, Jinbao Electronics, and Ultrasonic Electronics [1] Group 2: Financial Performance - For the fiscal years 2022, 2023, and 2024, the company reported revenues of approximately 1.193 billion CNY, 886 million CNY, and 952 million CNY, respectively, with net profits of about 188 million CNY, 164 million CNY, and 143 million CNY [1] - As of December 31, 2024, the total assets are projected to be approximately 1.506 billion CNY, with equity attributable to the parent company at around 798 million CNY and a debt-to-asset ratio of 33.65% [2] - The projected net profit for 2024 is approximately 143 million CNY, with a basic and diluted earnings per share of 4.78 CNY and a return on equity of 19.87% [2] Group 3: Risks - The company has indicated potential risks related to its wholly-owned subsidiary, Jiangxi Tongyu, which has incurred losses during its construction and trial production phases, amounting to 3.49 million CNY, 7.05 million CNY, and 14.44 million CNY over the reporting periods [2]
IPO要闻汇 | 沪深北交易所掀受理潮,本周1只新股申购
Cai Jing Wang· 2025-06-30 10:33
IPO Review and Registration Progress - A total of 75 IPO applications were accepted last week, with 48 companies aiming for the North Exchange, 12 for the Growth Enterprise Market, 7 for the Sci-Tech Innovation Board, and 4 for the Shanghai and Shenzhen main boards [2][3] - The highest fundraising target among the new applicants is from Zhenstone Co., which plans to raise 3.981 billion yuan for various projects including production bases and R&D [2][4] - Most of the newly accepted companies are expected to be profitable in 2024, with only two companies, Shiya Technology and Dapu Micro, projected to incur losses [4][5] Company Highlights - Zhenstone Co. is a national high-tech enterprise focused on clean energy fiber-reinforced materials, with projected revenues of 5.267 billion yuan in 2022, 5.124 billion yuan in 2023, and 4.439 billion yuan in 2024 [4] - Dapu Micro, the first unprofitable company accepted for the Growth Enterprise Market, specializes in enterprise-level SSD products and aims to achieve profitability by 2026 [5] - Aomeisen, which passed the IPO review, is a smart equipment manufacturer with expected revenues of 358 million yuan in 2024 [6] New Stock Listings and Subscriptions - Guangxin Technology debuted on the North Exchange with a first-day increase of 500%, closing at 60 yuan per share [12] - Xintong Electronics is set to list on the Shenzhen main board on July 1, 2025, with projected revenues of 1.005 billion yuan in 2024 [12] - Tongyu New Materials will have its subscription on July 1, with an issue price of 84 yuan per share and expected total fundraising of 840 million yuan [13]
同宇新材启动IPO申购 技术突破加速高端电子树脂国产化进程
Xin Hua Cai Jing· 2025-06-30 02:23
Core Viewpoint - The IPO process of Tongyu New Materials (Guangdong) Co., Ltd. is accelerating, with plans to issue 10 million shares at a price of 84.00 yuan per share, focusing on expanding production capacity for electronic resins [1][2] Group 1: Company Overview - Tongyu New Materials is a domestic supplier of mid-to-high-end electronic resins, aiming to address the "bottleneck" issues in China's electronic information industry by providing key material support [1] - The company has established a solid competitive advantage through years of independent research and development, mastering a series of core technologies and production processes [2] Group 2: Product and Technology - The company has broken the monopoly of international leading enterprises in the field of lead-free and halogen-free electronic resins, particularly with its self-optimized DOPO modified epoxy resin, which significantly enhances the performance of copper-clad laminates [2] - Key technological breakthroughs in high-frequency and high-speed copper-clad laminate applicable electronic resins, such as benzoxazine resin and maleimide resin, are expected to fill domestic gaps in related applications [2] Group 3: Market Context and Future Prospects - The expansion plan of Tongyu New Materials is expected to accelerate the shift from long-term reliance on imports of high-end electronic resins, especially in the context of the "East Data West Computing" project and the rapid development of 6G technology [2] - As a high-tech enterprise and a national-level specialized and innovative "little giant," the company is poised to showcase China's determination and progress in the high-end electronic resin sector upon its market debut [2]
84元!又有高价新股申购!
证券时报· 2025-06-30 00:36
Group 1 - The article discusses the upcoming IPO of Tongyu New Materials (301630) on the ChiNext board, with a subscription limit of 10,000 shares per account and a minimum market value requirement of 100,000 yuan in the Shenzhen market [1] - The IPO price is set at 84 yuan per share, making it the third highest IPO price in the A-share market this year [1] - The company specializes in the research, production, and sales of electronic resins, which are crucial materials for the production of copper-clad laminates used in printed circuit boards (PCBs) [1] Group 2 - Tongyu New Materials is a leading supplier of electronic resins in the mid-to-high-end copper-clad laminate industry, serving notable clients such as Kingboard Group and Unimicron Technology [2] - The company's projected revenues for 2022, 2023, and 2024 are 1.193 billion yuan, 886 million yuan, and 952 million yuan, respectively, with net profits of 188 million yuan, 164 million yuan, and 143 million yuan [2] Group 3 - The funds raised from the IPO will be used to invest in a project with an annual production capacity of 200,000 tons of electronic resins and to supplement working capital [3] - Recent IPOs have shown strong market performance, with Guangxin Technology's stock price surging by 500% on its first trading day [3]