文/梧桐兄弟 3月5日，IPO共审核4家公司（深主板1家、科创板1家、北交所2家），4家均获通过。 单位：万元 | 深主板 | | | | | | | --- | --- | --- | --- | --- | --- | | 公司简称 | 主营业务 | 2024年营收 | 2024年净利润 | 审核结果 | 保荐/律所/审计 | | 惠康科技 | 制冷设备的研发、生 | 320.377.71 | 44.228.70 | 通讨 | 财通证券/国枫/中 | | 产及销售 | | | | | 沢 | | 科创板 | | | | | | | 公司简称 | 主营业务 | 2024年营收 | 2024年净利润 | 审核结果 | 保荐/律所/审计 | | 陵宝科技 | 集成电路及显示面板 设备直容胶体零部件 | 63,450.10 | 14.514.26 | 通过 | 中信证券 /中伦/天 | | 及表面处理解决方案 | | | | | 健 | | 北交所 | | | | | | | 公司简称 | 主营业务 | 2024年营收 | 2024年净利润 | 审核结果 | 保存/律所/审计 | | 乔路铭 | 汽车饰件的研发、 ...

截至招股说明书签署日，惠康集团有限公司持有公司3,754.4372万股股份，占公司股份总额的 33.74%，系公司的控股股东。陈越鹏通过惠康集团间接控制公司33.74%的股份，通过长兴羽鹏间接控 制公司4.49%的股份，合计控制公司38.24%股权，是公司的实际控制人。 (责任编辑：关婧) 中国经济网北京2月27日讯 据深交所网站消息，深圳证券交易所上市审核委员会定于2026年3月5日 召开2026年第11次上市审核委员会审议会议，审议的发行人为宁波惠康工业科技股份有限公司（以下简 称"惠康科技"）。 惠康科技本次拟在深交所主板上市，拟募集资金179,655.40万元，用于前湾二号制冷设备智能制造 生产基地建设项目、制冷设备生产基地智能化升级改造项、泰国制冷设备智能制造生产基地项目、研发 中心建设项目。 惠康科技本次的保荐机构为财通证券股份有限公司，保荐代表人周斌烽、熊吴倩。 ...

◎钱佳滢 记者 闫婧 夜幕降临，步入江苏太仓浏河南岸的罗腾堡风情街，有一种置身德国小镇的感觉。走进德式餐吧"申德 勒加油站"，吧台满墙的啤酒杯和空气中始终飘着的烤猪肘焦香，复刻了原汁原味的德式生活场景，与 门口的中国福字挂饰和马年吉祥物公仔融合在一起，仿佛在传统节日里述说着"他乡有我乡"…… "包子"，来到中国还不到两年的德国青年菲利普·佐恩（Philipp Zorn），用中文说出他最喜爱的中国美 食。"我非常喜欢中国的包子和饺子，很好吃！"他告诉上海证券报记者。 马年春节假期，"新朋友"菲利普·佐恩忙着开拓市场，没有回德国老家休假，而已在中国连续工作、生 活了14年的"老朋友"——太仓德国中心总经理马莉珂（Marieke Bossek）也没有回德国家乡休假，能讲 一口流利中文的她，与从德国飞来的父母一起欣赏太仓水乡里的江南韵味和现代风尚。从2012年开始， 马莉珂已连续14年在中国度过春节。 "首先是员工素质。在太仓招聘的许多员工曾在外企工作，尤其是德国公司，他们理解我们的工作方式 和企业文化，沟通更顺畅；其次是地理位置，太仓靠近上海，交通便利，本地供应链已相当成熟，能够 满足大部分需求，无论是客户来访，还 ...

Core Insights - The APEC Business Travel Card has significantly enhanced the international business operations of Dongbei Group, facilitating efficient cross-border travel and collaboration with global partners [1][3][5] Group 1: Business Expansion and Performance - In 2025, Dongbei Group achieved impressive sales performance in APEC economies, with total sales exceeding $9.5764 million, driven by the growth in compressors, motors, and refrigeration sectors [3] - The card has enabled Dongbei Group's executives to engage in overseas investment and deepen strategic collaborations with well-known companies like Mixue Ice City and Haier, resulting in a substantial increase in compressor sales from zero in 2023 to 820,000 units in 2025 [3][5] Group 2: Efficiency Gains - The APEC Business Travel Card has revolutionized the efficiency of Dongbei Group's operations, saving an average of 7-10 working days per trip for visa processing, totaling over 1,500 working days saved for 50 core employees in the past two years [5] - The card has also facilitated 170 trips, saving over 200 hours in queue verification time, enhancing the company's responsiveness in urgent situations [5] Group 3: Cost Savings - The card's visa exemption across 16 economies has allowed Dongbei Group to save approximately 200,000 yuan in visa and agency fees over the past two years, enabling better allocation of funds towards critical business activities [7] - These savings have been reinvested into essential areas such as business travel, market research, and technical exchanges, optimizing the company's financial resources for market expansion [7] Group 4: Future Initiatives - The municipal foreign affairs office plans to continue supporting Dongbei Group's international business expansion by enhancing policy implementation and assisting more eligible core employees in obtaining the APEC Business Travel Card [10]

近期事件 经济观察网 江森自控（JCI.N）股价在2026年2月11日收盘于140.96美元，单日上涨1.59%，盘中最高触 及142.87美元，创历史新高。近5个交易日（2月6日至11日）股价累计上涨6.37%，其中2月6日单日大涨 3.87%，但2月10日小幅回调0.18%。成交金额在2月11日达5.16亿美元，量比0.49，显示市场活跃度较 高。 2026年2月11日，江森自控股价创新高，直接受数据中心与AI业务驱动。公司近期推出冷却液分配单元 和YVAM磁悬浮冷水机组等产品，针对性优化AI算力场景的能耗控制，旨在降低数据中心PUE值。此 外，公司于2025财年宣布50亿美元股份回购计划，并对2026财年给出调整后EPS约4.55美元的指引，进 一步支撑市场信心。 机构观点 以上内容基于公开资料整理，不构成投资建议。 巴克莱银行于2026年2月6日将江森自控目标价从125美元上调至136美元，理由是其数据中心与AI相关 业务增长前景强劲，反映出机构对公司在高端制造领域布局的认可。该调整与公司积压订单创纪录达 150亿美元（主要来自数据中心、生物制药等领域）相呼应，凸显业务需求韧性。 ...

Company Project Advancement - The first overseas production base of the company, located in Indonesia, is set to open on November 29, 2025, marking the implementation of the company's globalization strategy [1] - The project involves a total investment of 467 million RMB, with a factory area exceeding 100,000 square meters and a designed annual production capacity of 500,000 commercial cold chain devices, aimed at meeting the mid-to-high-end demand in the Southeast Asian market [1] - Localized production will shorten product delivery cycles by over 30%, helping to mitigate risks associated with international trade barriers [1] - The factory construction will take only 15 months from the start in September 2024 to production, setting a record for efficiency and is expected to enhance responsiveness to the Southeast Asian and surrounding markets [1] Company Status - On January 9, 2026, the company held a temporary shareholders' meeting to review and approve the profit distribution plan for the first three quarters of 2025 [2] - The resolution has been approved, but specific details regarding the distribution plan (such as cash payout ratio and timing) have not been disclosed in the announcement [2] - The meeting was chaired by Chairman Shao Wei, and the voting procedures complied with relevant regulations [2] Performance and Operating Conditions - According to the third-quarter report for 2025, the company achieved a revenue of 2.43 billion RMB in the first three quarters, representing a year-on-year growth of 15.20% [3] - The net profit attributable to the parent company was 301 million RMB, with a year-on-year increase of 10.53% [3] - In the third quarter of 2025 alone, revenue reached 640 million RMB, reflecting a year-on-year growth of 22.29% [3] - The growth in performance is primarily driven by the demand for refrigerated display cabinets and supermarket display cabinets, as well as contributions from the Southeast Asian market [3]

Core Insights - The Chinese quick-freezing machine industry is at a critical juncture of opportunities and challenges, characterized by strong demand growth and accelerated technological upgrades. The market size is projected to reach approximately 3.946 billion yuan in 2024, representing a year-on-year growth of 10.35% [1][8]. Industry Overview - Quick-freezing machines, also known as freezing equipment, are industrial refrigeration devices primarily used for rapid freezing of food products. They function by using refrigeration systems and air circulation to lower the center temperature of items to below -18°C within 30 minutes, minimizing nutrient loss [2][4]. - The industry includes various types of quick-freezing machines, such as tunnel freezers, spiral freezers, fluidized freezers, and liquid nitrogen freezers [3]. Market Size - The growth in the quick-freezing machine market is driven by multiple demand engines, including the explosive growth of the prepared food industry, which increases the demand for high-end equipment like liquid nitrogen and spiral freezers. Additionally, the biopharmaceutical sector's requirements for ultra-low temperature storage and frost-free technology, along with the expansion of cold chain logistics, are contributing to the demand [1][7][8]. Industry Chain - The upstream of the quick-freezing machine industry includes raw materials and components such as steel, stainless steel, compressors, evaporators, fans, sensors, control systems, and environmentally friendly refrigerants. The midstream involves the manufacturing of quick-freezing machines, while the downstream applications span food processing, biopharmaceuticals, chemicals, and electronics [4]. Key Companies - The competitive landscape of the quick-freezing machine industry is characterized by leading companies such as Ice Wheel Environment, which offers a full-service capability from core compressors to large-scale spiral and tunnel freezing production lines. Ice Mountain Cold is also a key player with advanced technology in industrial refrigeration and commercial cold chain sectors [8][9][11]. Industry Development Trends 1. **Technological Innovation**: The focus is shifting from merely preserving food to enhancing its quality through advanced freezing technologies, such as the "cloud freezing" technology that minimizes cell damage and juice loss [13]. 2. **Customized Solutions**: The rapid growth of the prepared food industry is driving the need for diverse and refined equipment solutions, requiring quick-freezing machines to adapt to various food types and freezing requirements [14]. 3. **Smart and Green Development**: The industry's future will revolve around smart technologies and sustainability, integrating IoT, AI, and energy-efficient practices to enhance operational efficiency and reduce environmental impact [15].

长虹华意公告称，2026年2月5日，公司董事、总经理肖文艺和副总经理姚辉军通过集中竞价方式增持公 司股份。肖文艺增持55,000股，成交均价7.1元/股，增持前持股345,600股，占总股本0.05%，增持后持 股400,600股，占比0.06%；姚辉军增持43,400股，成交均价7.1元/股，增持前持股222,100股，占总股本 0.03%，增持后持股265,500股，占比0.04%。此次增持合规且不影响上市条件和控制权，二人承诺自增 持完成起三年内不减持。 ...

Group 1: Business Overview and Product Applications - The company focuses on providing advanced system solutions and lifecycle services in the energy and power sectors, with products including compressors and heat exchangers that manage thermal energy across a temperature range of -271°C to 200°C [3]. - Products are widely used in various industries, including food processing, cold chain logistics, industrial refrigeration, commercial air conditioning, and energy recovery systems [3]. - The company has developed a range of innovative technologies for nuclear power applications, including cooling systems and heat recovery solutions, supporting multiple nuclear power stations in China [6][7]. Group 2: Data Center and Cooling Systems - The company’s subsidiaries provide cooling equipment for data centers, including evaporative condensers and closed cooling towers, with significant projects completed in both domestic and international markets [4][5]. - The proportion of centrifugal chillers, particularly magnetic levitation types, is increasing in the data center market, while the share of screw chillers is declining [6]. - The company has established a global after-sales service system supported by overseas manufacturing bases, enhancing its competitive edge in the market [6]. Group 3: Heat Recovery and Energy Management - The company is actively involved in heat management solutions, focusing on industrial heat pumps and waste heat recovery technologies, with a goal to align with national carbon reduction policies [8][10]. - The company has been recognized as a national-level "little giant" enterprise, holding numerous patents and awards for its innovative heat recovery technologies [9][10]. - The company’s technologies are expected to transition from optional to mandatory under upcoming national policies, indicating a long-term demand for its solutions [10]. Group 4: Aerospace and Fusion Energy Applications - The company produces liquefaction units for aerospace fuels, including hydrogen and methane, and has developed a high-efficiency helium screw compressor for liquefaction applications [11][12]. - The helium compressors are critical for cooling superconducting magnets in controlled nuclear fusion devices, operating at near absolute zero temperatures [11][12]. - The company has supplied helium compressors for major national scientific research projects, contributing to advancements in frontier technologies [11].

Core Viewpoint - Guangdong Kaide Intelligent Technology Co., Ltd. (referred to as "Kaide Intelligent") has received its first round of inquiry letters from the Beijing Stock Exchange regarding its public offering and listing, focusing on issues such as the accuracy of the actual controller's identification, stability of control, sustainability of performance, and authenticity of sales [1][3]. Company Overview - Kaide Intelligent specializes in the research, production, and sales of wine refrigerators, beverage cabinets, embedded refrigerators, and specialized refrigerators, with core technologies including intelligent wine cabinet multi-parameter energy efficiency optimization and precise temperature and humidity control [2][3]. - The global wine cabinet market size is approximately 19.449 billion RMB in 2023, with Kaide Intelligent holding a market share of about 2.24% [2]. Shareholder Structure and Control - The actual controller, Wu Weiwen, holds a total of 46.2773% of shares and controls 63.36% of voting rights, while the second-largest shareholder, Cao Han, holds the same percentage of shares but only controls 32.64% of voting rights [3]. - The inquiry requires clarification on the evolution of shareholding, reasons for not recognizing Cao Han as a co-controller, and the effectiveness of governance measures to prevent deadlock [3]. Performance and Financials - In the first half of 2025, Kaide Intelligent's revenue was 21,929.73 million RMB, a year-on-year decrease of 10.15%, while the gross profit margin of its main business increased, surpassing that of comparable companies [4][5]. - The company expects to achieve an annual revenue of 420 million to 440 million RMB for 2025, representing a decline of 9.49% to 13.61% compared to the previous year [4]. Sales Authenticity and Third-Party Payments - Approximately 85% of the company's sales revenue comes from overseas clients, with concerns raised about the authenticity of sales due to instances of order brushing on e-commerce platforms [6]. - The proportion of third-party payments has been declining, yet it exceeded 10% of revenue in 2022 and 2023, with 2022 reaching as high as 24.95% [6][7]. Fundraising and Capacity Utilization - The company plans to raise 285.7958 million RMB for high-end refrigeration product construction and R&D center development [7]. - The capacity utilization rate during the reporting period was only 74%-88%, raising concerns about potential overcapacity risks [7].