Core Viewpoint - Suzhou Huichuan United Power System Co., Ltd. (stock code: 301656) has officially listed on the Shenzhen Stock Exchange's ChiNext board, aiming to become a global leader in intelligent electric vehicle components and solutions [1] Industry Overview - The automotive industry is a key area in China's modernization efforts, with new energy vehicles (NEVs) being a strategic direction for development, enhancing manufacturing competitiveness and contributing to global green development [1][3] - Since the 18th National Congress, China has established a national strategy for NEV development, implementing over 70 supportive policies, leading to significant historical achievements in the industry [3] Company Development - United Power focuses on technological innovation in core components of NEVs, achieving self-research and large-scale application of key parts and software algorithms, thus enhancing the localization rate of upstream components [4][6] - The company has developed a multi-product, multi-level, and multi-disciplinary core technology matrix, holding 98 invention patents and 407 utility model patents, and has participated in numerous national-level research projects [7] Market Position - United Power has a strong market presence, with its electric control products holding approximately 10.1% market share, electric motor products at 11.3%, and drive assembly products at 7.1% in the Chinese NEV market [8] - The company has established deep cooperation with 8 out of the top 10 NEV manufacturers in China and is one of the earliest domestic suppliers to achieve large-scale exports to international mainstream automotive manufacturers [8][9] Financial Performance - From 2022 to 2024, United Power has developed hundreds of electric drive system solutions for over 40 customers, with cumulative shipments exceeding 7.7 million units, significantly outpacing industry growth [9] - The company plans to use IPO proceeds for projects related to core component production, R&D center construction, and digital system development, which will enhance its competitive edge and support the growth of China's NEV industry [9] Future Outlook - United Power aims to continue focusing on core technological innovation and global development, contributing to high-quality development of China's NEV sector and supporting national energy security and carbon neutrality goals [9]

友升股份以"全球汽车工业顶级供应商"为发展目标，积极拓展国际市场，如在美洲加快推进墨西哥生产 基地建设、在欧洲保加利亚设立泽升欧洲。截至2024年末，墨西哥一期生产基地已正式投产。 9月25日，苏州汇川联合动力系统股份有限公司（以下简称"联合动力"）登陆深交所创业板。该公司是 中国新能源汽车动力系统的领军企业，客户涵盖理想、小米等造车新势力。新能源汽车的动力系统相当 于燃油车的发动机和变速箱，承担着将电能转化为机械能的核心功能。根据2024年中国电动汽车百人会 联合麦肯锡发布的研究报告，预计2030年全球新能源汽车乘用车渗透率将达50%左右——以联合动力为 代表的新能源汽车动力系统企业正在迎来机遇。随着联合动力上市，今年苏州已新增境内外上市公司12 家，其中境内A股7家，新增境内上市公司数量位居全国第一；截至目前，苏州累计上市公司达到277 家，其中A股上市公司225家、位居全国第五，资本市场的"苏州板块"正不断壮大。 9月25日，奇瑞汽车股份有限公司（以下简称"奇瑞汽车"）在港交所上市。此次上市以30.75港元／股定 价，募资规模达91.4亿港元，约合83.76亿元人民币，成为年内港股市场规模最大的车企IP ...

9月25日，奇瑞汽车股份有限公司（以下简称"奇瑞汽车"）在港交所上市。此次上市以30.75港元／股定价，募资规模达91.4亿港元，约合83.76亿元人民币， 成为年内港股市场规模最大的车企IPO。根据弗若斯特沙利文的资料，2024年，奇瑞公司乘用车销量同比增长49.4%，增速位居全球前二十大乘用车公司之 首；是全球前二十大乘用车公司中唯一一家新能源汽车销量、燃油车销量、中国市场销量及海外销量较2023年均增长超过25%的乘用车公司。随着奇瑞汽车 上市，芜湖上市公司总数达31家，其中境内21家、境外10家，总量居安徽第二。 值得注意的是，三家企业在依托资本市场扩能升级的同时，均开启了全球化发展布局，加速从"本土企业"向"全球玩家"的蜕变。 转自：新华财经 新华财经上海9月26日电 （谷青竹） 企业上市动态，是透视区域经济活力的"晴雨表"，更是观察"科技-产业-金融"深度融合逻辑的"显微镜"。在本周，长三 角三家企业密集上市，尤为值得聚焦——它们分别扎根于铝合金零部件、新能源动力系统、整车制造等汽车产业链从核心部件到终端产品的关键环节，生动 印证了长三角在产业布局中"各扬所长、错位发展" 的独特优势，成为区域产业 ...

本报讯(记者陈红)9月25日，苏州汇川联合动力（301656）系统股份有限公司(以下简称"联合动力")在深 交所创业板正式挂牌上市，成功登陆资本市场，开启了企业发展的崭新篇章。 截至最新招股书披露日，联合动力已取得98项发明专利及407项实用新型专利，产品在效率、功率密度 等关键性能指标对标国际先进水平；主导参与编制并发布超过20项国家标准。公司还牵头或参与了多项 国家级、省级重大科研项目，以科技创新引领着新能源动力系统行业发展浪潮。 助推新能源汽车产业升级 在新能源汽车高速发展的当下，通过发挥新能源汽车产业链中龙头企业安全支撑的作用，持续强化新能 源领域的关键资源布局，以科技创新推动产业创新，推动价值链优化升级，着力提升产业链供应链韧性 和安全水平是发展新能源汽车产业的必由之路。 联合动力作为我国新能源汽车核心动力系统独立供应商的领军企业，在产品性能、技术水平、制造规模 等方面全球领先，是中国规模最大的独立第三方动力系统供应商。公司在推动新能源汽车电机、电控领 域技术进步和产业化方面发挥了关键作用，是我国汽车产业培育和发展新质生产力的典范代表。 目前，联合动力不仅服务了大量国产自主品牌客户，还成功切入众多国 ...

9月25日，创业板的建发致新（301584.SZ）和联合动力（301656.SZ）、北交所的锦华新材 （920015.BJ）上市。 建发致新是全国性的高值医疗器械流通商，主要从事医疗器械直销及分销业务，并为终端医院提供医用 耗材集约化运营（SPD）等服务。在医疗器械产业链中，建发致新主要承担医疗器械的流通职能，是串 联生产厂商、经销商、终端医疗机构的枢纽，在产业链中起到承上启下的重要作用。 | 打新早知道 | | | 南财快讯 | | --- | --- | --- | --- | | 今日上市 | | | | | 301584.SZ 建发致新 | | | | | 发行价(元/股) | 机构报价(元/股) | 市值 ( 亿元 ) | | | 7.05 | 7.08 | 29.70 | 医疗用品及器材 | | | | | 批发 | | 发行市盈率 | 行业市盈率 | 可比公司 | 可比公司动态市盈率 | | 13.29 | 25.73 | 国药控股 | 7.87 | | | | 九州通 | 9.07 | | | | 嘉事堂 | 39.82 | | 业绩情况 | | | | | 200.0 - | | | 35% ...

王小龙强调，公司以技术创新和精益运营为核心，持续深化产品与市场战略，为投资者创造长期价值。 此次网上路演为投资者提供了深入了解公司财务稳健性和成长潜力的机会，展现了联合动力作为新能源 汽车动力系统领军企业的强大竞争力。 更多路演详情，请点击：https://rs.p5w.net/html/175748235744047.shtml 财务数据显示，公司电驱系统收入实现迅猛增长：2022年至2024年收入分别为46.37亿元、75.40亿元和 139.72亿元。2023年同比增长62.60%，主要受益于新能源汽车行业政策支持、核心零部件自制能力提升 及多年研发投入转化的量产项目；2024年同比增长85.31%，则得益于定点车型销量增长、头部客户拓 展及全球化布局突破。 9月12日下午，苏州汇川联合动力系统股份有限公司（简称"联合动力"，股票代码：301656）首次公开 发行股票并在创业板上市网上路演在全景网成功举行。公司财务总监王小龙出席活动，详细介绍了公司 近年来的研发投入、财务表现及增长动力。 王小龙透露，联合动力高度重视研发创新，2022年至2024年研发投入持续增长，三年累计研发费用超过 21亿元，占营业 ...

Group 1: New Stock Performance - The recent performance of new stocks on the Beijing Stock Exchange remains highly active, with the stock of Sanxie Electric rising by over 860% on its first day of trading, closing up 785.62%, marking the highest first-day increase of the year [1] - Aifenda also saw a first-day increase of 170.03%, with a single subscription yield exceeding 16,000 yuan [1] Group 2: Upcoming IPOs - This week, there are five new stocks available for subscription, including three from the Growth Enterprise Market, one from the Shenzhen Main Board, and one from the Beijing Stock Exchange [3] - The first stock available for subscription on September 15 is United Power, a leader in the new energy vehicle power system industry, collaborating with major automotive brands [1][5] Group 3: Financial Projections - United Power expects to achieve a net profit of 750 million to 900 million yuan in the first three quarters of 2025, representing a year-on-year growth of 31.05% to 57.26% [5] - The projected revenue for United Power in the same period is between 1.4 billion and 1.55 billion yuan, indicating a growth of 30.62% to 44.61% compared to the previous year [6] Group 4: Other Companies' Projections - Jianfa Zhixin anticipates a net profit of 200 million to 222 million yuan for the first three quarters of 2025, reflecting a growth of 30% to 40% [7] - Jin Hua New Materials expects a decline in revenue to 1.063 billion yuan for the full year 2025, down 14.25%, with a net profit of 199 million yuan, a decrease of 5.47% [9] - Rui Li Ke Mi forecasts a net profit of 196 million to 220 million yuan for the first three quarters of 2025, with a growth rate of 11.96% to 25.67% [10][11] - Yunhan Xincheng projects a net profit of 77 million to 80 million yuan for the first three quarters of 2025, with a growth of 38.71% to 44.11% [12][13]

今日A股表现强势，而新股表现依旧火热，如昨日上市的新股友升股份，即便存在发行价和募资金额双 高的压力，但其在上市首日依旧上涨了71.48%。 明日将迎来3只新股上市，而其中的联合动力（301656）有不少亮点。公司是新能源汽车动力系统龙 头，近三年营业收入的复合增长率接近80%，公司控股股东是有"小华为"之称的汇川技术（300124）， 其也是近两年创业板最大IPO个股。那么，联合动力明日上市会如何表现呢？ 深耕新能源汽车动力系统近10年 业绩增速高 公开资料显示，联合动力是新能源汽车动力系统提供商，主要产品包括电驱系统、电源系统等动力系统 核心部件。 公司深耕新能源汽车动力系统近10年，是工业自动化龙头汇川技术体系内运营新能源汽车电驱和电源系 统的唯一主体，现已发展为新能源汽车动力系统的行业龙头。 业绩方面，公司2022~2024年分别实现营业收入50.27亿元、93.65亿元、161.78亿元，同比增速依次为 73.2%、86.30%、72.74%；实现归母净利润-1.79亿元、1.86亿元、9.36亿元，同比增速依次为28.33%、 203.86%、403.55%。根据公司管理层初步预测，公司2025年 ...

Core Viewpoint - The article discusses the strong performance of the A-share market and highlights the upcoming IPO of United Power, a leading provider of power systems for electric vehicles, which has shown significant growth in revenue and market presence [1][4]. Company Overview - United Power specializes in electric vehicle power systems, including electric drive systems and power supply systems, and has been operating in this field for nearly 10 years [1][2]. - The company is the only entity within the industrial automation leader Huichuan Technology's system that focuses on electric drive and power systems for electric vehicles [1][2]. - United Power has provided power system solutions for over 40 automotive manufacturers, including major brands like Li Auto, GAC Group, Xiaomi, Volvo, and Volkswagen, with an expected product shipment of over 4.5 million units in 2024 [1][2]. Industry Context - The electric vehicle power system industry is crucial as it serves a similar function to the engine and transmission in traditional fuel vehicles, converting electrical energy into mechanical energy [2]. - The market for electric vehicle power systems has been growing rapidly, with annual growth rates exceeding 40% since 2020 [2]. - The average value of power systems per vehicle exceeds 8,000 yuan, making it one of the highest-value components in electric vehicles [2]. Financial Performance - United Power's revenue for 2022, 2023, and 2024 is projected to be 5.03 billion yuan, 9.37 billion yuan, and 16.18 billion yuan, respectively, with year-on-year growth rates of 73.2%, 86.3%, and 72.7% [3]. - The company expects to achieve a net profit of 1.86 billion yuan in 2023 and 9.36 billion yuan in 2024, with significant growth rates of 203.9% and 403.6% respectively [3]. - The IPO raised 3.6 billion yuan, with funds allocated for three projects and working capital [3]. IPO and Market Expectations - United Power's IPO is anticipated to perform well based on recent trends, with average first-day gains for new stocks in the A-share market being 296% [4]. - The dynamic price-to-earnings ratio for United Power is 25 times, significantly lower than the average of 86 times for comparable companies, suggesting a potential for substantial first-day price increases [4][5]. - The IPO price of 12.48 yuan per share is relatively low compared to other recent IPOs, which may contribute to positive market sentiment despite the high fundraising amount [5].

Group 1: New IPOs - This week (September 15 to 19), there are 5 new stocks available for subscription, including 1 from the Shenzhen Main Board, 3 from the ChiNext, and 1 from the Beijing Stock Exchange [1] - The ChiNext new stock, United Power, has an issue price of 12.48 CNY per share and a price-to-earnings ratio of 32.87, compared to the industry average of 28.3 [2] - United Power is a leading enterprise in the new energy vehicle power system, operating independently within the Inovance Technology system since 2016, and plans to raise 3.601 billion CNY through its IPO [2] - Another ChiNext new stock, Jianfa Zhixin, focuses on high-value medical device distribution and plans to raise 484 million CNY [3] - The Shenzhen Main Board new stock, Ruili Kemi, specializes in active safety systems for vehicles and aims to raise funds for various projects [3] - The ChiNext new stock, Yunhan Xincheng, is an innovative high-tech enterprise in electronic component distribution, planning to raise 522 million CNY [4] Group 2: Upcoming IPO Meetings - Three companies are scheduled for IPO meetings this week: Yuxun Co. for the Sci-Tech Innovation Board, Xin Guoyi for the ChiNext, and Yuanchuang Co. for the Shenzhen Main Board [5] - Yuxun Co. is a national champion in the optical communication field, focusing on the development and sales of optical communication chips, with an IPO fundraising target of 889 million CNY [6] - Xin Guoyi specializes in high-performance specialty functional materials, aiming to raise 638 million CNY through its IPO [6] - Yuanchuang Co. is a leading player in the rubber track industry, with a significant market share and plans to raise 485 million CNY [7]