IPO Review and Registration Progress - Two companies, Chao Ying Electronics and Bei Kuang Testing, successfully passed their IPO reviews last week [2][3] - Chao Ying Electronics focuses on the research, production, and sales of printed circuit boards, primarily for automotive electronics, with over 80% of its revenue coming from overseas sales. The company aims to raise 660 million yuan through its IPO [2] - Bei Kuang Testing is a leading domestic service provider in the inspection and testing of non-ferrous metal resources, projecting revenues of 148 million yuan and a net profit of 55 million yuan for 2024 [3] - One company, Bei Xin Life, is scheduled for an IPO review this week, specializing in innovative medical devices for cardiovascular diseases [4] - United Power's IPO registration was approved, with projected revenues of 16.178 billion yuan and a net profit of 936 million yuan for 2024 [5] - Two companies, Jing Yang Machinery and Wan Tai Co., voluntarily terminated their IPO applications [6] New Stock Subscription and Listing Dynamics - Two new stocks, Yi Tang Co. and Tong Yu New Materials, were listed last week, with Yi Tang Co. seeing a first-day increase of 174.56% [7][8] - Yi Tang Co. specializes in wafer processing equipment for integrated circuit manufacturing, projecting revenues of 4.633 billion yuan for 2024 [7] - Tong Yu New Materials, which focuses on electronic resin production, had a first-day increase of 128.05% [7] - This week, two new stocks, Shan Da Electric and Ji Yuan Group, are scheduled for subscription, with Shan Da Electric's offering price set at 14.66 yuan per share [9][10] - Ji Yuan Group, specializing in dietary supplement products, plans to issue shares at 10.88 yuan each [10][11] Policy and Regulatory Developments - The Shanghai Stock Exchange has implemented new business rules for the Sci-Tech Innovation Board, enhancing the inclusivity and adaptability of the market [12] - The establishment of the "Sci-Tech Growth Layer" aims to better serve technology innovation enterprises and meet diverse investor needs [12]

Market Performance - A-shares showed strong performance on July 8, with the ChiNext Index rising over 2% [1][4] - The Shanghai Composite Index increased by 0.58%, while the Shenzhen Component Index rose by 1.27% [4] - The total trading volume in A-shares reached approximately 885.4 billion [5] Sector Highlights - The photovoltaic sector experienced significant gains, with multiple stocks hitting the daily limit [6] - Key stocks in the photovoltaic sector included Shihang New Energy, which hit the daily limit, and others like Ainuoju and Sunshine Power, which rose over 10% [6][7] New Listings - A new stock, Yitang Co., was listed and saw a price increase of over 210% at one point during the trading session [9][13] - Yitang Co. specializes in semiconductor equipment, with its products being used by major global integrated circuit manufacturers [11] Hong Kong Market - The Hong Kong market also performed well, with the Hang Seng Index rising over 1% [2][12] - Jin Yong Investment saw a dramatic increase, with its stock price rising nearly 170% during the session [12][15]

Core Viewpoint - Yitang Co., Ltd. has successfully listed on the Sci-Tech Innovation Board with an initial offering price of 8.45 yuan per share, achieving a market capitalization of 609 billion yuan shortly after listing, reflecting strong investor interest and confidence in the company's growth potential [1][2]. Group 1: Company Overview - Yitang Co., Ltd. operates in the semiconductor equipment industry, focusing on the research, development, production, and sales of wafer processing equipment essential for integrated circuit manufacturing [2][3]. - The company provides a range of equipment including dry stripping equipment, rapid thermal processing equipment, and dry etching equipment, catering to global integrated circuit manufacturers [2][3]. Group 2: Product Applications and Market Position - Yitang's dry stripping and rapid thermal processing equipment are utilized in the mass production of logic chips from 90nm to 5nm, DRAM chips from 10nm series, and 3D NAND flash chips from 32 layers to 128 layers [2][3]. - The company has successfully installed over 4,600 units of its products globally, establishing a leading position in specific market segments [4]. - According to Gartner, Yitang holds the second-largest market share globally for its dry stripping and rapid thermal processing equipment as of 2023 [4].

每经记者｜闫峰峰 每经编辑｜吴永久 各位老铁，近一月来市场偏强运行，新股表现也相对不错，每经资本眼专栏记者统计发现，近一个月上 市的新股首日平均涨幅达301.38%，打新的投资者可以说是打到就是赚到。 而明日又将迎来一只科创板新股，那就是屹唐股份，其是半导体细分领域全球龙头企业，也是国内刻蚀 设备三强之一。那么屹唐股份基本面情况如何呢？其明日上市又能否达到近期新股首日平均3倍的涨 幅？ 公开资料显示，屹唐股份主营业务为集成电路制造过程中所需晶圆加工设备的研发、生产和销售。公司 面向全球集成电路制造厂商提供包括干法去胶设备、快速热处理设备、干法刻蚀设备在内的集成电路制 造设备及配套工艺解决方案，是国内为数不多具备多种集成电路设备研发生产能力的平台型集成电路设 备公司。 据公司招股书，公司成立近10年，其实际控制人为北京经开区管委会下属的财政国资局。公司于2016年 收购美国知名半导体设备企业MTI，MTI成立于1988年，聚焦在价值量占比近八成的前道芯片制造工 序，曾先后突破半导体领域干法去胶设备、快速热处理设备以及干法刻蚀设备。 首先，如果参考近一个月新股上市首日的表现，屹唐股份在上市首日可能会有不俗的表现。 ...

Core Viewpoint - The article discusses the upcoming IPO of Yitang Co., a semiconductor equipment company, highlighting its market position, financial performance, and future investment plans [2][3][4]. Group 1: Company Overview - Yitang Semiconductor is headquartered in China and operates R&D and manufacturing bases in China, the U.S., and Germany, focusing on semiconductor manufacturing equipment [2]. - The company provides advanced processing capabilities and high production efficiency for integrated circuit manufacturing, with products including dry stripping equipment, rapid thermal processing equipment, and dry etching equipment [2][3]. Group 2: Market Position - Yitang has established itself as a significant supplier in the semiconductor manufacturing equipment industry, with products adopted by leading global chip manufacturers [3]. - As of the end of 2024, the company has installed over 4,800 units globally, maintaining a leading position in its market segments [3]. - According to Gartner, Yitang ranks second globally in market share for dry stripping and rapid thermal processing equipment in 2023 [3]. Group 3: Financial Performance - The company reported revenues of 47.63 billion, 39.31 billion, and 46.33 billion for the years 2022, 2023, and 2024, respectively, with net profits of 3.83 billion, 3.09 billion, and 5.41 billion [4]. Group 4: Future Investment Plans - The funds raised from the IPO will be allocated to the development of a semiconductor equipment R&D and manufacturing service center, high-end semiconductor equipment R&D projects, and technology reserve funds [5].