IPO Review and Registration Progress - Four companies passed the IPO review last week, including Jianxin Superconductor, Muxi Co., Shuangxin Environmental Protection, and Aishalen [3][4] - Jianxin Superconductor focuses on the R&D, production, and sales of core components for MRI equipment, with projected revenues of 359 million, 451 million, and 425 million yuan from 2022 to 2024 [3] - Muxi Co. specializes in high-performance GPU chips and plans to raise 3.904 billion yuan through its IPO [3][4] - Shuangxin Environmental Protection reported a revenue decline of 25.25% and 7.85% for 2023 and 2024, respectively, due to industry downturns [4][5] - Aishalen, primarily engaged in OEM for medical care pads, expects revenues of 692 million yuan in 2024 [5] Upcoming IPOs - Three companies are set to undergo IPO reviews this week, including Jiangtian Technology, Taijin New Energy, and Hongban Technology [6] - Jiangtian Technology, which focuses on label printing, reported revenue growth from 384 million yuan in 2022 to 538 million yuan in 2024 [6] - Taijin New Energy, involved in high-end green electrolytic equipment, expects revenues to grow from 1.005 billion yuan in 2022 to 2.194 billion yuan in 2024 [7] - Hongban Technology, specializing in printed circuit boards, achieved a revenue increase of 43.48% year-on-year for the first three quarters of 2025 [8] New Stock Listings and Subscriptions - Four new stocks are scheduled to be listed this week, including Heyuan Bio, Taikang Ying, Xi'an Yicai, and Bibete [12] - Heyuan Bio is a biopharmaceutical company with eight drugs in the pipeline, while Taikang Ying focuses on mining and construction tires [12] - Xi'an Yicai, specializing in 12-inch silicon wafers, reported a revenue of 1.933 billion yuan for the first three quarters of 2025 [13] - Bibete, a biopharmaceutical firm, has no revenue but has one innovative drug approved for market [13] Recent IPO Approvals - Two companies, Angrui Micro and Yuxun Co., received IPO registration approvals, both from the "hard technology" sector [11] - Angrui Micro specializes in RF front-end chips, while Yuxun Co. focuses on optical communication front-end transceiver chips [11] Financial Performance Highlights - Jianxin Superconductor's net profits are projected to grow from 35 million yuan in 2022 to 56 million yuan in 2024 [3] - Shuangxin Environmental Protection anticipates a net profit of 52.5 million yuan in 2025, a slight increase from previous years [4] - Hongban Technology's net profit surged by 306.91% year-on-year for the first three quarters of 2025 [8] - Taijin New Energy's new signed orders for electrolytic equipment dropped significantly, raising concerns about future performance [7]

IPO Pipeline Overview - As of October 19, there are 275 companies in the IPO pipeline, with 20 on the Shanghai Main Board, 37 on the Sci-Tech Innovation Board, 22 on the Shenzhen Main Board, 27 on the Growth Enterprise Market, and 169 on the Beijing Stock Exchange [1] IPO Application Status - The statistics for IPO applications show that there were 11 accepted, 97 in inquiry, 3 approved, 152 halted, and 12 submitted for registration across all boards [2] Newly Listed Companies - During the period from October 13 to October 19, two companies were newly listed: - Changjiang Samsung Energy Technology Co., Ltd. closed at 18.87 yuan per share, with a rise of 254.03% and a trading volume of 524 million yuan [3] - Daosheng Tianhe Materials Technology (Shanghai) Co., Ltd. closed at 29.68 yuan per share, with a rise of 396.32% and a trading volume of 2.301 billion yuan [4] New Counseling Registrations - Seven new companies registered for counseling from October 13 to October 19, including: - Zhongke Fuhai Technology Co., Ltd. focuses on advanced low-temperature equipment and solutions for energy applications [5] - Wuhu Youpai Nursing Products Technology Co., Ltd. specializes in disposable hygiene products [6] - Qingdao Wuxiao Group Co., Ltd. engages in the research and production of steel structures [7] - Shanghai Shanyuan Electronic Technology Co., Ltd. develops smart mining communication and safety products [7] - Xuyu Optoelectronics (Shenzhen) Co., Ltd. focuses on semiconductor lighting devices [7] - Xinjiang Xinxin Mining Co., Ltd. is involved in the mining and refining of non-ferrous metals [7] - Jiangsu Tianbing Aerospace Technology Co., Ltd. specializes in liquid rocket engines [7] CSRC Review Status - Three companies successfully passed the review process from October 13 to October 19: - Xiamen Youxun Chip Co., Ltd. specializes in optical communication chips [8] - Beijing Angrui Microelectronics Technology Co., Ltd. focuses on RF and analog integrated circuit design [8] - Shenzhen Tiansu Measurement and Testing Co., Ltd. provides independent third-party measurement services [8] CSRC Registration Approval - Two companies received registration approval during the same period: - Bai'ao Saitou (Beijing) Pharmaceutical Technology Co., Ltd. is a preclinical CRO and biotechnology firm [9] - Southern Power Grid Digital Grid Research Institute Co., Ltd. offers digital solutions for the power energy sector [9] Termination of IPO Reviews - No companies withdrew their IPO applications from October 13 to October 19 [10]