来源：市场资讯 （来源：一声梧叶知深秋） 2.申购： 暂无 3.注册成功： 泰凯英 北矿检测 中诚咨询 丹娜生物 精创电气 大鹏工业 南特科技 今天奥美森上市，开盘大涨337.70%，36.11元，符合预期，10点左右有一波冲高，最高39.89元，后来 一路震荡。截至收盘涨幅349.82%，收于37.11元，全天成交量1808.09万股，成交额6.68亿元，换手率 79.79%。我上午分批走掉，均价37.5元左右，中规中矩，收益还是不错的。 今天到目前为止没有北交新股上市的消息，下周一又要为难了，因为中海商业REIT和沈软REIT13日申 购，如果北交周一出申购通告，那么就会撞车错过申购北交，因为REIT的回款要到周四，又要伤脑筋 了。 今晚，南特科技注册成功，走完申购前的最后一步，南特科技专注精密机械零部件研发生产，产品涵盖 空调压缩机核心零部件及汽车零部件。与空调压缩机行业四家前五强企业合作，2024年在美的、格力供 应链均有一定占比，压缩机零部件市场占有率达13.28%。 今天大家都看好的蘅东光也提交注册了，目前注册成功的有7只，提交注册的有两只，库存充足，泰凯 英暂时领先。 市场方面：今天沪指跌0.9 ...

Group 1 - The Beijing Stock Exchange's listing committee approved Zhuhai Nante Metal Technology Co., Ltd. for its IPO, marking the 40th company approved this year [1] - Nante Technology specializes in the R&D, production, and sales of precision mechanical components, with a complete production process from mold design to precision machining [1] - The company plans to issue up to 37,183,329 shares, aiming to raise approximately 286 million CNY for projects including a high-end precision parts production base and capacity enhancement [2] Group 2 - The controlling shareholder and actual controller of Nante Technology is Cai Heng, who holds 48.82% of the company's shares and serves as the chairman [1] - The company has faced inquiries regarding the authenticity of its operating performance and the sustainability of its business growth, particularly in comparison to competitors [3] - The listing committee raised questions about the rationale behind the company's gross margin performance and the necessity of its fundraising projects based on current asset scales [3]

Core Viewpoint - Guangdong Yangshan United Precision Manufacturing Co., Ltd. is preparing to enter the A-share market, with significant revenue dependence on Midea Group, which contributed over 60% of its revenue from 2018 to 2020 [1][2][3] Group 1: Revenue and Profit Growth - Yangshan United's revenue has shown consistent growth, with reported revenues of 278.38 million, 343.43 million, and 451.40 million yuan for the years 2018, 2019, and 2020 respectively [2] - The net profit attributable to the company also increased significantly during the same period, with figures of 32.55 million, 63.86 million, and 84.48 million yuan [2] Group 2: Customer Concentration - The company has a high customer concentration, with sales to the top five customers accounting for 97.68%, 97.03%, and 97.15% of total revenue in 2018, 2019, and 2020 respectively [2] - Midea Group has been the largest customer, contributing sales of 186.69 million, 264.52 million, and 347.12 million yuan, representing 67.06%, 77.02%, and 76.90% of total revenue in the respective years [3] Group 3: Accounts Receivable Growth - Yangshan United's accounts receivable have increased significantly, with values of 79.19 million, 118.31 million, and 168.38 million yuan at the end of 2018, 2019, and 2020, respectively [7] - The accounts receivable accounted for 30.11%, 36.36%, and 39.28% of total revenue during the same periods [7] Group 4: Sales Model and Financial Risks - The company's sales model primarily relies on credit sales, leading to an increase in accounts receivable, which may result in cash flow difficulties if timely payments are not received [8] - The concentration of customers poses a risk; if a major customer faces financial difficulties, it could increase the likelihood of bad debts for Yangshan United [7][8]

Core Viewpoint - Nantong Technology is preparing for an IPO on the Beijing Stock Exchange, aiming to raise 28.6 million yuan for expansion and R&D projects, despite concerns over customer concentration and low R&D investment compared to peers [1][3][4]. Financial Performance - The company has shown consistent revenue growth from 833.68 million yuan in 2022 to an expected 1.03086 billion yuan in 2024, with net profits increasing from 43.96 million yuan to 94.69 million yuan during the same period [5]. - Gross profit margins have been affected by material costs and energy prices, with the company's margins at 19.51%, 22.28%, and 22.65% over the past three years, slightly below the industry average of 21.94%, 23.21%, and 21.62% [5][6]. Customer Dependency - The company heavily relies on its top five customers, with their sales accounting for 89.20%, 86.35%, and 87.78% of total revenue during the reporting period, indicating a significant customer concentration risk [7]. - Approximately 50% of revenue comes from Midea Group, while about one-third is from Gree Electric, with combined sales from these two clients making up over 80% of total revenue [8]. R&D Investment - Nantong Technology's R&D expenditure is notably low compared to its peers, with R&D expenses of 19.56 million yuan, 21.43 million yuan, and 23.90 million yuan over the past three years, representing only 2.35%, 2.28%, and 2.32% of revenue [11]. - Competitors like Lianhe Precision, Baida Precision, and Huaxiang Co. have R&D expense ratios averaging 3.69%, indicating a significant gap in innovation investment [12]. Management and Disclosure Issues - There are discrepancies in the resumes of company executives, raising concerns about the accuracy of information disclosed in the IPO prospectus [10][13][14]. - The inconsistencies in the employment history of executives suggest potential issues with corporate governance and transparency [15][16].

Group 1 - The stock price of Fuchuang Precision as of August 6, 2025, is 61.28 yuan, down 0.63 yuan or 1.02% from the previous trading day [1] - The opening price for the day was 61.89 yuan, with a high of 62.80 yuan and a low of 60.88 yuan, and the trading volume reached 46,000 hands with a total transaction amount of 284 million yuan [1] - Fuchuang Precision specializes in the manufacturing of precision mechanical components, serving sectors including semiconductors and the lithography machine industry [1] Group 2 - On August 6, Fuchuang Precision executed a block trade of 200,000 shares at a price of 60.91 yuan, which is a 0.6% discount to the closing price, with the buyer being Founder Securities Headquarters and the seller being Guotou Securities Beijing Branch [1] - In the last three months, the stock has seen 27 block trades with a total transaction amount of 336 million yuan [1] - The net inflow of main funds on that day was 7.81 million yuan, accounting for 0.07% of the circulating market value, while the cumulative net outflow over the past five days was 9.84 million yuan, representing 0.09% [1]

Group 1 - The company, Zhuhai Nante Metal Technology Co., Ltd., focuses on the research, production, and sales of precision mechanical components, establishing a comprehensive production system from mold design to precision processing [1] - The company has accelerated its transformation towards intelligent manufacturing, achieving significant breakthroughs in innovation, such as the invention patent for the bearing (flange) detection integrated machine and online monitoring system, which automates the entire process from production to quality inspection [1] - The newly developed unmanned intelligent production system for compressor components features a fully automated "dark factory" production line, capable of operating without ambient light, enhancing flexibility and adaptability to modern industrial production characteristics [3] Group 2 - The company actively participates in the formulation of national standards, such as the "Guidelines for Intelligent Manufacturing Plant Construction in the Casting Industry," showcasing its role as an industry standard setter [3] - The company has received multiple honors, including being recognized as a specialized and innovative small and medium-sized enterprise in Guangdong Province and a national high-tech enterprise, reflecting its strong R&D capabilities [3] - Several patented technologies have been successfully applied in actual production, continuously driving innovation in the precision manufacturing sector [3]

Group 1 - The stock price of Wuzhou Xinchun closed at 34.28 yuan on July 30, 2025, down by 0.94 yuan, a decrease of 2.67% from the previous trading day. The trading volume was 117,400 hands, with a transaction amount of 405 million yuan [1] - Wuzhou Xinchun specializes in the manufacturing of precision mechanical components, with main businesses including the research, production, and sales of bearings, precision mechanical parts, and automotive components. Its products are widely used in industrial machinery, automotive, and wind power sectors. The company is actively expanding into the humanoid robot component field [1] - The company announced plans to raise no more than 1 billion yuan through a private placement to fund the research and industrialization of core components for embodied intelligent robots and automotive intelligent driving projects. Upon reaching full production, the project is expected to achieve an annual capacity of 980,000 sets of planetary roller screw rods, 2.1 million sets of micro ball screws, and 70,000 sets of general-purpose robot bearings [1] Group 2 - On July 30, 2025, the net outflow of main funds for Wuzhou Xinchun was 71.1846 million yuan, accounting for 0.57% of the circulating market value [2]

Group 1: Company Overview - Jiangshun Technology specializes in aluminum profile extrusion molds and precision mechanical components, becoming a leading enterprise in the domestic market after over 20 years of industry experience [12][17]. - The company has 9 subsidiaries, focusing on customized production based on client needs [7][18]. Group 2: Market Position and Competition - The aluminum profile extrusion mold industry is characterized by a low concentration of firms, primarily consisting of small to medium-sized enterprises [4][17]. - The company has established long-term partnerships with notable clients in various sectors, including automotive lightweighting and aerospace [14][18]. Group 3: Financial Performance - In Q1 2025, the company reported a revenue of CNY 274.13 million, showing a slight increase of 5.97% in net profit compared to the previous year [16]. - The precision mechanical components segment achieved a revenue of CNY 158 million in 2024, reflecting a year-on-year growth of 18.67% [15]. Group 4: Product and Technology Advantages - The company has developed core technologies, including multi-outlet mold manufacturing and rapid extrusion mold technology, enhancing its competitive edge [3][7]. - Jiangshun Technology's products are widely used in various applications, including transportation, renewable energy, and consumer electronics [12][17]. Group 5: Future Growth and Strategy - The company aims to enhance its market competitiveness by focusing on synchronized R&D and production capabilities to meet evolving customer demands [6][10]. - Plans for overseas expansion include establishing subsidiaries in Singapore to strengthen production and service capabilities [8][10]. Group 6: Investor Relations and Shareholder Value - The company is committed to a stable profit distribution policy, considering shareholder interests while ensuring sustainable development [9][10]. - Jiangshun Technology emphasizes the importance of maintaining a stable market value through strategic management and operational efficiency [17][18].