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]

Company Overview - Yuan Chuang Technology Co., Ltd. is applying for listing on the Shenzhen Main Board, with Guotai Junan Securities as the sponsor [1] - The company specializes in the design, research, production, and operation of various specifications of rubber tracks and rubber track plates for agricultural and engineering machinery [1] - Yuan Chuang has established solid business relationships with well-known domestic and international manufacturers, covering sales in Asia, Europe, North America, Oceania, South America, and Africa [1] Financial Performance - The company's revenue shows a growth trend, with revenues of 1.26 billion yuan, 1.14 billion yuan, and 1.35 billion yuan for the years 2022 to 2024 respectively [1] - The net profit before and after deducting non-recurring gains and losses for the same years is 137 million yuan, 176 million yuan, and 150 million yuan respectively [1][2] Market Position - Yuan Chuang holds the number one market share in the domestic market according to the latest QYResearch report [2] - The company has a competitive edge in the global rubber track market due to its technology, product quality, and service level [2] Industry Trends - The rubber industry in China is expected to see significant growth, with sales revenue projected to reach 521.15 billion yuan by 2024 [3] - The industry is focusing on structural adjustments, technological innovation, and green development to enhance product quality and competitiveness [3] Standards and Innovations - Yuan Chuang has participated in the formulation of national standards for the rubber track industry, demonstrating its leadership and understanding of industry trends [4] - The company plans to use the funds raised from the public offering for production base construction, technology center development, and working capital [4] Strategic Goals - Yuan Chuang aims to maintain its first-mover advantage, expand market size, and enhance product research and innovation [4] - The company is committed to adapting its products to meet diverse customer needs and aligning with trends in intelligent, green, and international manufacturing [4]