本次发行前，公司直接控股股东为Dynamic Holding，直接持有公司97.85%的股份，Dynamic Holding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。 定颖投控为中国台湾上市公司，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。 超颖电子本次发行募集资金总额89,670.00万元，扣除发行费用后的募集资金净额为80,316.22万元， 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。 （责任编辑：关婧） 中国经济网北京10月24日讯 今日，超颖电子(603175)在上交所上市。 上交所：超颖电子(603175) 超颖电子主营业务是印制电路板的研发、生产和销售，公司产品广泛应用于汽车电子、显示、储 存、消费电子 ...

Group 1 - Hubei will add two new A-share listed companies this month: Wuhan Heyuan Biotechnology Co., Ltd. and Chaoying Electronics Circuit Co., Ltd. [1] - Heyuan Biotechnology has launched its subscription with an expected fundraising total of approximately 2.6 billion yuan, primarily for the construction of a recombinant human albumin industrialization base [1][2] - Heyuan Biotechnology was established in 2006 and has built an intelligent production line that meets international standards, capable of producing 12 million bottles of recombinant human albumin injection annually [1] Group 2 - Heyuan Biotechnology's IPO price is set at 29.06 yuan per share, with a total issuance of approximately 89.45 million shares, leading to a total post-issue share capital of 357.5 million shares [2] - Chaoying Electronics, founded in 2015, is a professional manufacturer of printed circuit boards (PCBs) [2] - Chaoying Electronics plans to use the funds raised from its IPO for two main projects: the second phase of its high-layer and HDI project and to supplement working capital and repay bank loans [2]

Group 1: Company Overview - Taika Ying is the first company in the tire segment of the mining and construction industry to be listed on the Beijing Stock Exchange, recognized as the "first tire stock of the Beijing Stock Exchange" [2] - The company specializes in engineering radial tires and all-steel truck tires, holding a leading position in the engineering radial tire sector, ranking 3rd among Chinese brands and 8th globally in 2023 [3] - Taika Ying has established partnerships with major global and domestic construction machinery manufacturers, including SANY Group, XCMG, Liebherr, and JCB, among others [3] Group 2: Financial Performance - In 2024, Chaoying Electronics reported a main business revenue of 3.945 billion yuan, ranking 41st among global PCB manufacturers with a market share of 0.75% [5] - The company ranks 23rd among comprehensive PCB companies in China, with a market share of 1.41% in mainland China [5] - Chaoying Electronics is recognized as one of the top ten automotive electronic PCB suppliers globally and among the top five in China [5] Group 3: Market Position and Risks - Taika Ying's market share in the domestic engineering radial tire supporting market ranks 3rd among all tire brands, with the highest market share in the domestic market for large-tonnage crane tires [3] - Chaoying Electronics has a stable collaboration with Tier 1 automotive suppliers and well-known electric vehicle manufacturers like Tesla [4] - Both companies face risks related to their operational models, with Taika Ying relying on an outsourcing production model and Chaoying Electronics being sensitive to macroeconomic fluctuations and downstream market demand [4][5]

Core Viewpoint - Chaoying Electronics plans to go public on the Shanghai Stock Exchange, aiming to raise 660 million yuan through the issuance of up to 67.8581 million shares [1] Group 1: Company Overview - Chaoying Electronics specializes in the research, production, and sales of printed circuit boards [3] - The company is controlled by Dynamic Electronics Holding Pte. Ltd., which holds a 97.85% stake [1] Group 2: Financial Information - The funds raised will be allocated as follows: 26 million yuan for working capital and bank loan repayment, and 40 million yuan for the second phase of the high-layer and HDI project [1] - In 2024, the company had 5,581 employees, with 4.32% in sales, 70.81% in production, and 10.91% in research and development [2] - The revenue per employee was 738,900 yuan, and profit per employee was 49,500 yuan in 2024 [3]

Core Viewpoint - ShenNan Circuit experienced a decline of 5.04% on October 23, with a stock price of 191.81 CNY per share and a total market capitalization of 127.88 billion CNY [1] Company Overview - ShenNan Circuit Co., Ltd. is located in Longgang District, Shenzhen, Guangdong Province, and was established on July 3, 1984. The company was listed on December 13, 2017. Its main business involves the research, development, production, and sales of printed circuit boards [1] - The revenue composition of ShenNan Circuit is as follows: printed circuit boards account for 60.01%, packaging substrates 16.64%, electronic assembly 14.14%, other supplementary products 5.80%, and other products 3.40% [1] Shareholder Information - Among the top ten circulating shareholders of ShenNan Circuit, one fund under Huaxia Fund holds a significant position. The Huaxia CSI 300 ETF (510330) increased its holdings by 881,000 shares in the second quarter, bringing its total to 2.4756 million shares, which represents 0.37% of the circulating shares. The estimated floating loss today is approximately 25.2021 million CNY [2] - The Huaxia CSI 300 ETF (510330) was established on December 25, 2012, and has a current scale of 196.701 billion CNY. Year-to-date returns are 19.43%, ranking 2650 out of 4218 in its category; the one-year return is 18.9%, ranking 2359 out of 3875; and since inception, the return is 144.91% [2]

Group 1 - The core point of the news is that Pengding Holdings experienced a decline of 5.01% in its stock price, reaching 49.44 CNY per share, with a trading volume of 758 million CNY and a turnover rate of 0.65%, resulting in a total market capitalization of 114.604 billion CNY [1] - Pengding Holdings, established on April 29, 1999, and listed on September 18, 2018, primarily engages in the design, research and development, manufacturing, and sales of various printed circuit boards [1] - The revenue composition of Pengding Holdings is as follows: 62.70% from communication boards, 31.60% from consumer electronics and computer boards, 4.92% from automotive/server boards, and 0.78% from other sources [1] Group 2 - Among the top ten circulating shareholders of Pengding Holdings, E Fund's HuShen 300 ETF (510310) entered the list in the second quarter, holding 8.8402 million shares, which accounts for 0.38% of the circulating shares, with an estimated floating loss of approximately 23.073 million CNY today [2] - The E Fund HuShen 300 ETF (510310) was established on March 6, 2013, with a latest scale of 266.516 billion CNY, achieving a year-to-date return of 19.46%, ranking 2644 out of 4218 in its category, and a one-year return of 19.01%, ranking 2347 out of 3875 [2]

Core Points - The company has announced the successful completion of the first vesting period for its 2024 restricted stock incentive plan, allowing 9 eligible participants to receive a total of 66,873 shares at a price of 18.67 yuan per share [11][32][39] - The company has also decided to cancel 1,049,127 shares from the incentive plan due to the departure of 10 participants and performance criteria not being met [24][30][36] Financial Data - The third quarter financial report has not been audited, and the company confirms that there are no adjustments or restatements of previous financial data [3][9] - The company has reported that its Thai factory has achieved profitability in the first half of the year and plans to expand its capacity to 100,000 square meters per month by the end of 2025 [6][41] Incentive Plan Details - The 2024 restricted stock incentive plan includes a total of 1,230,000 shares initially granted to 19 participants, with a vesting price of 18.67 yuan per share [25][31] - The plan allows for a maximum of 20% of the total stock to be reserved for future grants, with specific performance targets set for each fiscal year [19][54] Approval Process - The company has followed the necessary approval procedures for the incentive plan, including board meetings and shareholder approvals [27][29][53] - Legal opinions have been obtained to ensure compliance with regulations regarding the incentive plan [35][38]

Core Viewpoint - Aoshikang demonstrates solid competitiveness in the PCB sector, with strong product technology and process accumulation, effective production management, and quality control systems, as well as stable and high-quality customer resources [2] Group 1: Company Strengths - The company has a well-established competitive edge in the PCB field [2] - Aoshikang has accumulated deep expertise in product technology and processes [2] - The production management and quality control systems are comprehensive and effective [2] Group 2: Market Position and Strategy - The customer resources are high-quality and structurally stable [2] - The company is continuously advancing green manufacturing initiatives [2] - Aoshikang is actively pursuing overseas expansion [2]

Group 1 - The core focus of the company is on the research, production, and sales of printed circuit boards [1] - The company aims to raise approximately 2.057 billion yuan through its IPO, which will be used for a project to produce 1.2 million square meters of high-precision circuit boards [1] - The company’s IPO was accepted on June 28, 2025, and entered the inquiry stage on July 18 of the same year [1] Group 2 - The second round of inquiry from the Shanghai Stock Exchange raised questions regarding the company's procurement, research and development, waste materials, fixed assets, and industry and technology issues [1]

Core Viewpoint - Aohong Electronics (605058.SH) has received approval from the Shanghai Stock Exchange's Listing Review Committee for its application to issue convertible bonds to unspecified investors, meeting all necessary conditions for issuance, listing, and information disclosure [1] Group 1 - The Shanghai Stock Exchange's Listing Review Committee held its 44th review meeting of 2025 on October 21, 2025 [1] - The application for issuing convertible bonds was found to comply with issuance conditions, listing conditions, and information disclosure requirements [1]