Core Insights - Suzhou Zhibang Precision Parts Co., Ltd. has been established with a registered capital of 1 million RMB, indicating a new player in the precision parts manufacturing sector [1] Company Overview - The legal representative of the company is Hu Zhongli, suggesting a centralized leadership structure [1] - The company’s business scope includes a wide range of activities such as mechanical parts processing, hardware manufacturing, and sales of industrial automation systems, indicating a diversified operational focus [1] Business Activities - The company engages in the manufacturing and sales of various products including: - Mechanical parts and components - Hardware products - Intelligent basic manufacturing equipment - Industrial control systems [1] - Additional services offered include: - Industrial design - Software development - Technical services and consulting [1] Market Potential - The inclusion of artificial intelligence application software development and information system integration services suggests the company is positioned to leverage technological advancements in its operations [1] - The company also plans to engage in e-commerce sales, which could enhance its market reach and customer engagement [1]

Summary of Key Points Core Viewpoint - Nantong Technology (920124.BJ) experienced a significant decline in stock price, closing at 20.72 yuan with a drop of 15.46%, marking it as the largest loser in the A-share market on that day [1]. Company Information - Nantong Technology was listed on the Beijing Stock Exchange on November 27, 2025, with an issuance of 37,183,329 shares at a price of 8.66 yuan per share [1]. - The total amount raised from this issuance was 322,007,629.14 yuan, with a net amount of 284,425,173.62 yuan after deducting issuance costs [1]. - The company plans to use the raised funds for two main projects: the second phase of the Anhui high-end precision parts production base and the expansion and R&D capability enhancement project in Zhuhai [1]. Financial Details - The total issuance costs (excluding tax) amounted to 37,582,500 yuan, which includes a sponsorship fee of 1,500,000 yuan and an underwriting fee of 26,611,300 yuan [1].