Core Viewpoint - The successful listing of Yingshi Innovation on the Sci-Tech Innovation Board marks a significant milestone, making it the first publicly traded company in the global smart handheld imaging device sector, with a market capitalization of approximately 70.98 billion yuan and a stock price increase of 274.44% on its first day of trading [1][2]. Company Overview - Yingshi Innovation, founded by a hacker from the 90s, raised 1.938 billion yuan through its IPO at an issue price of 47.27 yuan per share, with plans to invest in two major projects: a smart imaging device production base and a research and development center in Shenzhen, totaling around 464 million yuan [2][4]. - The company has maintained a gross margin of over 50% and has achieved consecutive years of net profit growth, positioning itself as one of the most profitable hardware companies in China [4][6]. Market Position - Yingshi Innovation's brand "Insta360" has dominated the global panorama camera market with a market share of 67.2% in 2023, while ranking second in the action camera market, just behind GoPro [11][20]. - The company has successfully created a niche by combining features of both panorama and action cameras, which has been a key factor in its rapid market growth [14][15]. Financial Performance - In the fiscal year 2024, Yingshi Innovation's revenue from consumer-grade smart imaging devices accounted for 86.59% of total revenue, amounting to approximately 478.86 million yuan, while professional-grade devices contributed only 0.43% [19]. - The global panorama action camera market is projected to grow at a compound annual growth rate (CAGR) of 16.0% from 2025 to 2031, indicating a promising future for Yingshi Innovation [20]. Competitive Landscape - The competitive environment is intensifying, with GoPro initiating a 337 investigation against Yingshi Innovation for alleged intellectual property infringement, which could impact the company's reputation and sales in the U.S. market [21]. - New entrants, such as DJI and Photon Leap, are also emerging in the market, further increasing competition [21][22].

风靡互联网的全景相机，上市了。 6月11日，影石创新（688775.SH，下文简称"影石"）在上交所科创板成功上市。公司上市首日较开盘价47.27元高开285.02%报182元/股，总市值约730亿 元。 这头独角兽自2020年启动IPO起，历时5年，终于得偿所愿。 正如刘靖康过去曾表示，影石Insta360的发展离不开政府的政策扶持，也和深圳的人才优势、产业集聚、开放文化等大环境息息相关，"非常感谢深圳市政 府一直以来给我们的鼓励和支持。未来我们将继续以'帮助人们更好地记录和分享生活'为使命，以新影像行业为基石，矢志创新、不断突破，围绕'成为世 界一流的智能影像品牌'的愿景而奋发努力。" 90后技术大咖，收获一个百亿IPO 执掌这个百亿IPO的90后刘靖康，也顺理成章拿下人生第一个IPO。 这是一位极具传奇色彩的"90后"创业者。出生于广东中山的刘靖康，自小便对电脑技术充满兴趣。高中时期，他凭借出色的技术能力在全国中小学生电脑 制作大赛中获奖，后来高考也顺利进入南京大学软件学院就读软件工程专业。 大学期间，刘靖康便以一系列大胆而富有创意的技术"整活"成为校园风云人物，是早期"校园极客"一员，同时也是小有名气 ...

Core Viewpoint - The company, Yimai Sunshine (02522.HK), is experiencing significant trading volume and is committed to long-term value amidst policy support for tiered medical care and AI technology reshaping the healthcare landscape [1][2]. Group 1: Company Overview - Yimai Sunshine has redefined the development path of third-party medical imaging centers in China through a "shared model" and has established a strong competitive moat [1][2]. - The company aims to have over 100 imaging centers nationwide by 2025, covering over 500 institutions and 16 provinces, with a daily addition of 20,000 to 30,000 standardized data cases [2][5]. - The company has developed a significant medical imaging database, being one of the largest in China in terms of data volume and growth rate [2][5]. Group 2: Strategic Partnerships and Innovations - Yimai Sunshine has partnered with Huawei Cloud to enhance AI imaging capabilities, launching the world's first full-modal, full-process medical imaging base model [3]. - Collaborations with various healthcare institutions aim to accelerate the commercialization of AI products and establish Yimai Sunshine as a key player in medical AI [3]. Group 3: Growth Strategies - The company has identified four core growth paths: upgrading thinking, transforming flagship centers, maintaining hospital cooperation value, and penetrating overseas markets [4]. - Yimai Sunshine is exploring new operational models for flagship imaging centers to enhance market penetration and profitability [4]. Group 4: Financial Performance - The company's gross margin increased from 35.8% for the year ending December 31, 2023, to 36.5% for the year ending December 31, 2024, driven by high-margin differentiated products and services [5]. - The company aims to add 1,000 new partners in the future through tiered services and rapid user expansion [5]. Group 5: Addressing Healthcare Challenges - Recent government policies emphasize the sharing of quality medical resources and the promotion of a distributed examination and centralized diagnosis model, which aligns with Yimai Sunshine's operational strategy [6][7]. - The company has implemented a model in Jiangxi that integrates high-end imaging equipment across various medical institutions, facilitating real-time diagnosis by city-level experts [6][7]. Group 6: Market Expansion and Future Outlook - Yimai Sunshine's acquisition of Changsha Zhongya Medical Imaging Diagnosis Co., Ltd. is a strategic move to expand its regional market and build a collaborative network with top hospitals [7]. - The company aims for geometric revenue growth in the next 3-5 years, leveraging accumulated medical imaging data to unlock commercial value [7].

市场全天震荡反弹，创业板指领涨，沪指再度站上3400点。 截至收盘，沪指涨0.52%，深成指涨0.83%，创业板指涨1.21%。 个股涨多跌少，全市场超3400只个股上涨。沪深两市全天成交额1.26万亿，较上个交易日缩量1599亿。 板块方面，稀土永磁、游戏、汽车零部件、证券等板块涨幅居前，可控核聚变、生物疫苗、通信服务等板块跌幅居前。 值得一提的是，影石Insta360今日历时4年，今日终于上市，暴涨近300% 01 影石创新今日登陆A股科创板，暴涨274.44% 上市当天，N影石盘中最高涨幅达187.99元/股，涨幅达297.69%。截至收盘，报177元/股，涨幅为274.44%，总市值709.77亿元。个人投资者 中一签新股最多可以赚到7万元。 | N影石 | | | --- | --- | | 688775 盘后交易 06-11 15:22:08 北京 | | | 177.00 +129.73 +274.44% | 6133人加自选 (4) > | | 科 L1 | | | 高 187.99 开 182.00 量 2129.04万股 | 总市值 709.77亿 。 | | 低 165.11 换 69. ...

Market Overview - The Sci-Tech Innovation 50 Index opened lower on June 11, reaching a closing value of 980.93 points, with a decline of 0.20% and a trading range of 1.00% [1] - The total trading volume for the day was approximately 21.33 billion yuan [1] Stock Performance - A total of 326 stocks on the Sci-Tech Innovation Board experienced gains, while high-priced stocks mostly declined and low-priced stocks performed better [2] - Excluding newly listed N Yingshi, the average decline for 587 stocks on the Sci-Tech Innovation Board was 0.28%, with an average turnover rate of 2.01% and a total trading volume of 79.47 billion yuan [3] Notable Stock Movements - N Yingshi officially listed on the Sci-Tech Innovation Board, with a total issuance of 41 million shares at a price of 47.27 yuan per share, resulting in a fundraising amount of 1.938 billion yuan [2] - N Yingshi's stock opened with a significant increase of 285.02%, closing with a rise of 274.4%, and a total trading volume of 21.29 million shares, with a turnover rate of 69.80% [2] - Among other stocks, Jiuri New Materials led with a gain of 15.05%, while Xinyu Ren experienced the largest decline at 9.68% [4] Trading Volume and Turnover Rates - Excluding N Yingshi, Haiguang Information had the highest trading volume at 4.37 billion yuan, while Qinchuan Wulian had the lowest at 6.82 million yuan [4] - The highest turnover rate, excluding N Yingshi, was 27.55% for Xinyu Ren, while Longteng Optoelectronics had the lowest at 0.13% [4]

Group 1 - The core viewpoint of the article highlights the successful IPO of YingShi Innovation Technology Co., Ltd., which became the first "smart imaging" stock on the Shanghai Stock Exchange's Sci-Tech Innovation Board, raising 1.938 billion yuan [1] - On its first trading day, the stock opened with a surge of over 285%, reaching a price of 178.00 yuan per share, which is a 276.56% increase from the issue price, resulting in a market capitalization of 71.378 billion yuan [1] - YingShi Innovation is recognized globally as a leading smart imaging equipment manufacturer, focusing on the development of panoramic and action cameras, with its brand "Insta360" achieving a 67.2% global market share in panoramic cameras in 2023, expected to rise to 81.7% in 2024 [1] Group 2 - The company has made significant investments in research and development, with a total of 1.48 billion yuan allocated from 2022 to 2024, and a workforce where 57.68% are R&D personnel, holding 900 authorized patents [1] - Financially, the company has demonstrated strong growth, with a compound annual growth rate (CAGR) of 65.25% in revenue from 2022 to 2024, and a revenue of 1.355 billion yuan in the first quarter of this year, reflecting a year-on-year increase of 40.7% [1] - YingShi Innovation has a robust global presence, with products available in over 200 countries and regions, and a social media following exceeding 5 million internationally [1] Group 3 - The company has attracted investments from notable firms such as IDG Capital and Qiming Venture Partners, with strategic investors including Temasek participating in the IPO [1] - IDG Capital has supported the company for over 10 years, while Qiming and cornerstone investors are optimistic about the future development of Liu Jingkang and the company [1] - Qiming Venture Partners believes that YingShi Innovation's success is attributed to its user-centric approach, differentiated competition, and global expansion, with significant potential in the integration of imaging and AI technologies [1]

周三N影石上市首日开盘大涨285%，最终收涨274.44%，总市值超700亿元。影石大涨的背后是，运动全景相机市场——曾被视为"小众影像设备"，正在经 历前所未有的破圈扩张。 华泰证券在最新研报中表示，随着"体验经济"深化和"创作者经济"指数级增长，运动相机和全景相机市场正迎来爆发，从曾经的"小众市场"打开广阔蓝海市 场。 华泰证券指出，根据沙利文数据，全球运动相机市场将从2023年的314.4亿元增长至2027年的513.5亿元，CAGR为13.0%；全景相机市场同期将从50.3亿元跃 升至78.5亿元。 此外，行业竞争格局正在发生深刻变化——中国厂商影石创新和大疆正在快速崛起，挑战传统霸主GoPro的地位，而行业竞争核心也从硬件参数转向AI、软 件生态等维度竞争。 从记录工具到创意生产力：新消费属性重塑市场边界 华泰证券表示，运动相机和全景相机正在经历一场根本性的身份转变。它们不再是极限运动爱好者的专属装备，而是演变为具备典型"新消费"属性的创意生 产力工具：体验至上、个性化圈层化、典型UGC工具特征，以及对AI等新技术的持续拥抱。 运动相机的目标用户从"热血玩家"扩展到旅行爱好者、Vlogger乃至家庭 ...

中国经济网北京6月11日讯 今日，影石创新科技股份有限公司(股票简称：影石创新，股票代码： 688775.SH)在上交所科创板上市。该股开盘报182.00元，截至收盘报177.00元，涨幅274.44%，成交额 37.39亿元，振幅48.40%，换手率69.80%，总市值709.77亿元。 影石创新专注于全景相机、运动相机等智能影像设备的研发、生产和销售，是以全景技术为基点的 全球知名智能影像设备提供商，发展形成了由全景技术、防抖技术、AI影像处理技术、计算摄影技术 等为核心的技术体系。 本次发行前，北京岚锋创视网络科技有限公司直接持有公司29.9376%的股份，系公司控股股东。 岚沣管理咨询(深圳)合伙企业(有限合伙)直接持有公司4.0667%的股份，其与北京岚锋同为刘靖康控制的 企业，系公司控股股东一致行动人。 本次发行前，刘靖康通过持有北京岚锋、岚沣管理间接控制公司29.9376%、4.0667%的股份，合计 可支配公司34.0043%的表决权，通过北京岚锋、岚沣管理、澜烽管理、岚烽管理、厦门富凯、汇智同 裕、深圳麦高间接持有公司29.8891%的股份，系公司实际控制人。本次发行前，刘靖康配偶、一致行 ...

作 者丨申俊涵 杨坪 编 辑丨林坤 张伟贤 金珊 今天，科创板迎来首位90后创始人！ 6月11日上午，当上市钟声在大厅回响，影石创新迎来历史性时刻。 公开资料显示，影石创新创立于2015年 ，是以全景技术为基点的全球知名智能影像品牌，最早以VR及全景相机起家，2017年切入运动相机市 场，目前旗下设有消费级和专业级两条产品线，覆盖360度全景相机、运动相机、手机稳定器、视频会议相机。 影石创新的创始人刘靖康， 1991年出生于广东中山，2010年进入南京大学软件学院就读，在校期间已是校园里的风云人物。 他曾因多个技术 创新的操作，被大家称为"技术帝"。其最知名的一项事迹是，曾通过电视台主持人拨打时按键声音的细微差异，破译了360公司创始人周鸿祎 的手机号码 。 刘靖康，图源：公司官微 2014年，刘靖康大学毕业，拿到来自IDG资本的几百万人民币天使投资后，他正式组建公司创业。在做"V直播"业务期间，刘靖康敏锐判断 360°内容将是影像的发展方向，但当时市面上缺少过硬的产品。 上市首日，影石创新开盘价182元，一度涨超290%， 最高价达187.99元，个人投资者中一签新股最多可以赚到7万元。 截至收盘，股价报 ...

Group 1 - The core viewpoint of the article highlights the successful listing of YingShi Innovation on the Shanghai Stock Exchange's Sci-Tech Innovation Board, achieving a market capitalization exceeding 70 billion yuan and raising 1.938 billion yuan in funds [2][5] - YingShi Innovation's founder, Liu Jingkang, is recognized as the first '90s founder on the Sci-Tech Innovation Board, with a strong background in technology innovation and a focus on product development rather than market trends [2][3] - The company has established itself as a leader in the panoramic camera market, achieving a global market share of 67.2% as of 2023, with a compound annual growth rate of 65.25% over the past three years [4] Group 2 - YingShi Innovation's product line includes various camera types, such as panoramic cameras and professional-grade VR cameras, with a rapid product iteration cycle [4] - The company has significantly invested in research and development, with a total R&D expenditure of 1.48 billion yuan over the past three years, representing 13.16% of total revenue [3] - The majority of YingShi Innovation's revenue comes from overseas markets, with international sales accounting for approximately 79.43% to 76.35% of total revenue from 2022 to 2024 [4]