分红方面，天禄科技A股上市后累计派现1875.41万元。 机构持仓方面，截止2025年6月30日，天禄科技十大流通股东中，大成中证360互联网+指数A （002236）位居第八大流通股东，持股65.46万股，为新进股东。 责任编辑：小浪快报 8月25日，天禄科技跌0.50%，成交额9209.98万元。两融数据显示，当日天禄科技获融资买入额1477.89 万元，融资偿还1648.69万元，融资净买入-170.80万元。截至8月25日，天禄科技融资融券余额合计1.48 亿元。 融资方面，天禄科技当日融资买入1477.89万元。当前融资余额1.48亿元，占流通市值的5.59%，融资余 额超过近一年90%分位水平，处于高位。 融券方面，天禄科技8月25日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 资料显示，苏州天禄光科技股份有限公司位于江苏省苏州市相城区黄埭镇太东公路2990号，成立日期 2010年11月9日，上市日期2021年8月13日，公司主营业务涉及从事导光板研发、生产、销售。主营业务 收入构成为： ...

IPO Pipeline Overview - As of August 10, there are 299 companies in the IPO pipeline, with 29 on the Shanghai Main Board, 36 on the Sci-Tech Innovation Board, 26 on the Shenzhen Main Board, 29 on the ChiNext, and 179 on the Beijing Stock Exchange [1][2]. Newly Listed Companies - From August 4 to August 10, three companies were newly listed: - Hansan (Nanjing) Technology Co., Ltd. on the ChiNext with a closing price of 82.89 CNY per share, a rise of 186.72%, and a trading volume of 2.048 billion CNY [4][5]. - Yangzhou Tianfulong Group Co., Ltd. on the Shanghai Main Board with a closing price of 56.80 CNY per share, a rise of 140.68%, and a trading volume of 1.971 billion CNY [5]. - Jiangsu Youli Intelligent Equipment Co., Ltd. on the Beijing Stock Exchange with a closing price of 83.22 CNY per share, a rise of 246.89%, and a trading volume of 732 million CNY [5]. New Counseling Record Companies - Eight companies were newly recorded for counseling from August 4 to August 10, including: - Beijing Jichuang Beifang Technology Co., Ltd., focusing on integrated circuit design [6][7]. - Yao Mazi Food Co., Ltd., specializing in seasoning products [8]. - Changde New Material Technology Co., Ltd., engaged in resource utilization and new materials [8]. - Anhui Jiren Pharmaceutical Co., Ltd., focusing on modern traditional Chinese medicine [8]. - Dongguan Yuanli Optoelectronics Co., Ltd., specializing in LCD backlight modules [8]. - Zhongdao Optoelectronic Equipment Co., Ltd., focusing on detection equipment for displays and solar cells [8]. - Tianbo Intelligent Technology (Shandong) Co., Ltd., producing various automotive sensors [9]. - Zhongxing Micro Technology Co., Ltd., providing video technology solutions based on AI and big data [9]. Approval Status of Companies - Three companies successfully passed the review process from August 4 to August 10: - Zhongcheng Zhixin Engineering Consulting Group Co., Ltd. on the Beijing Stock Exchange [10]. - Suzhou Fengbei Biotechnology Co., Ltd. on the Shanghai Main Board [10]. - Zhuhai Nante Metal Technology Co., Ltd. on the Beijing Stock Exchange [10]. - The review for Jiejia Robot Co., Ltd. was canceled [10]. Registration Approval - Two companies received registration approval from August 4 to August 10: - Guangzhou Bibete Pharmaceutical Co., Ltd., focusing on innovative drug development [16][17]. - Daming Electronics Co., Ltd., specializing in automotive electronic components [18]. Termination of Review - Only one company, Wenduoli Sunshade Materials (Dezhou) Co., Ltd., withdrew its IPO application during this period [20][21].

Core Viewpoint - The article highlights the recent IPO applications of two companies in the display industry, Yuanli Optoelectronics and Zhongdao Optoelectronic Equipment, indicating a growing trend in the sector towards capital market engagement and expansion of domestic production capabilities [1][9]. Company Summaries Zhongdao Optoelectronic Equipment - Zhongdao Optoelectronic, established in 2006, focuses on the research, production, and sales of automatic optical inspection (AOI) equipment for flat panel displays and semiconductor wafers [2][4]. - The company is recognized as a "little giant" enterprise by the state and has a significant market share in the AOI field, serving major clients like BOE and TCL Huaxing [4]. - In June 2025, Zhongdao Optoelectronic won a project for low-precision automatic optical inspection machines, further solidifying its market position [4]. - The company aims to accelerate its expansion into the semiconductor wafer inspection sector post-IPO, potentially increasing its funding and resources [4][13]. Yuanli Optoelectronics - Yuanli Optoelectronics, founded in 2010, is a leading manufacturer in the medium and large-sized light guide plate industry and is also recognized as a "little giant" enterprise [5][8]. - The company specializes in the development and production of optical products, including light guide plates for various applications, and has a strong market presence globally [8]. - In 2024, Yuanli Optoelectronics reported revenues of 287.7 million yuan, a year-on-year increase of 22.94%, and a net profit of 31.16 million yuan, up 25.66% [8]. - The company has been actively investing in new technology and expanding its business layout, including the establishment of two wholly-owned subsidiaries [8]. Industry Trends - The display panel industry is experiencing a surge in IPO applications, with Zhongdao Optoelectronic and Yuanli Optoelectronics being part of a broader trend that includes other companies in the upstream equipment and materials sectors [9][10]. - The total investment in panel manufacturing projects in the first half of 2025 reached approximately 224.43 billion yuan, indicating strong growth and expansion in the sector [10][11]. - Domestic manufacturers are gradually moving from mid-range to high-end markets in key processes such as inspection and etching, reflecting a shift towards increased localization and technological advancement [13].

瑞财经 吴文婷8月7日，东莞市元立光电股份有限公司（以下简称"元立光电"）启动IPO辅导，拟冲击北交所，辅导机构为东莞证券股份有限公司，律师事务 所为北京市康达(深圳)律师事务所，会计师事务所为天健会计师事务所(特殊普通合伙)。 | 辅导对象 | 辅导机构 | 备案时间 | 辅导状态 | | --- | --- | --- | --- | | 中导光电设备股份有限公司 | 国泰海通证券股份有限公司 | 2025-08- 07 | 辅导备案 | | 东莞市元立光电股份有限公 리 | 东莞证券股份有限公司 | 2025-08- 07 | 辅导备案 | | 辅导对象 | 东莞市元立光电股份有限公司 | | | | --- | --- | --- | --- | | 成立日期 | 2010年8月11日 | | | | 注册资本 | 2,934.00 万元 | 法定代表人 | 张元立 | | 注册 地 址 广东省东莞市谢岗镇谢曹路 682 号 | | | | | 控股股东及 持 股 比 例 | 58. 3415%,为公司控股股东。 | 张元立直接持有公司 1,711.74万股股份,占公司总股本的 | | | 行业分类 ...

Core Viewpoint - Dongguan Yuanli Optoelectronics Co., Ltd. has initiated its IPO counseling to list on the Beijing Stock Exchange, with Dongguan Securities as the counseling institution and Tianjian Accounting Firm as the auditing firm [1][3]. Company Overview - Yuanli Optoelectronics was established on August 11, 2010, with a registered capital of 29.34 million yuan [3][6]. - The company is primarily engaged in the research, production, and sales of optical products, particularly large-sized light guide plates, and has become a leading manufacturer in this field in China [3][4]. Shareholding Structure - Zhang Yuanli is the controlling shareholder, holding 58.3415% of the company's shares, which amounts to 17.1174 million shares [5][6]. - The actual controllers of the company include Zhang Yuanli, Ruan Xuhong, and Zhang Jiayi, who collectively hold 84.30% of the total shares [6][8]. Financial Performance - The audited net profit attributable to shareholders for the fiscal years 2023 and 2024 is projected to be 23.9564 million yuan and 29.0103 million yuan, respectively [4]. Management Team - Zhang Yuanli serves as the Chairman, Ruan Xuhong as the Director and Manager, and Zhang Jiayi as a Director and Assistant to the Chairman [8][10]. - The management team has a diverse background, with members holding various positions in related companies prior to their current roles [9][10].

Group 1: Company Overview and Product Structure - The company aims to become the preferred partner in the semiconductor display industry, integrating optical design, light guide plate design, precision mold design, overall structure design, and intelligent manufacturing [2][3]. - The main products include backlight display modules, light guide plates, precision structural components, and optical materials, applicable in various fields such as laptops, tablets, desktop displays, automotive displays, medical monitors, and industrial control displays [3][4]. Group 2: Financial Performance and Challenges - In 2024, the company's net profit attributable to shareholders was -21,480.83 million CNY, a decrease of 505.70% compared to 2023, with a non-recurring net profit of -23,669.41 million CNY, down 273.94% [5][6]. - The decline was primarily due to low capacity utilization during the ramp-up phase of new production lines, high fixed costs, and lower yield rates, leading to a gross margin decrease of 4.74% and a reduction in gross profit by 83.92 million CNY [5][6]. Group 3: Future Strategies and Market Positioning - The company plans to focus on core technologies and accelerate the development of innovative forms such as automotive connected screens and irregular screens, while optimizing product structure [6][9]. - The company is implementing a "dual-base strategy" in Vietnam to establish a vertical industry chain covering Southeast Asia, enhancing its global strategic layout [9][10]. Group 4: Market Trends and Growth Projections - The global PC market is expected to recover in 2024, with a projected shipment volume of 255 million units, a year-on-year increase of 3.8% [10][11]. - The demand for backlight modules is anticipated to rise alongside the growth in laptop shipments, particularly driven by the increasing demand for AIPC (Advanced Intelligent Personal Computer) products, which are expected to reach 205 million units by 2028, with a CAGR of 44% from 2024 to 2028 [10][11].

Core Viewpoint - The company is actively expanding its manufacturing capabilities in Vietnam and China, focusing on smart manufacturing bases for backlight display modules and precision components, aiming for significant production capacity by 2025 [1][2]. Group 1: Vietnam Manufacturing Expansion - The company announced the construction of two smart manufacturing bases in Vietnam: a backlight display module base in Bac Giang and a precision component base in Ho Chi Minh City [1]. - The Bac Giang factory is planned to achieve an annual production capacity of 1,400K for backlight sources and 500K for LCM (Liquid Crystal Module) by 2025, with full automation and certification [1]. - The Ho Chi Minh factory is set to start operations by the end of 2025, focusing on precision stamping, injection molding, and in-mold injection processes [1]. Group 2: Investment in China - In 2023, the company invested 5 billion yuan in the Chuzhou Bojing Display Technology project, targeting Mini LED backplanes, LCM, backlight modules, and PCB/FPC [2]. - Upon reaching full production, the project is expected to yield 9 million Mini-LED light boards, 10.2 million LCMs, and 10.2 million backlight modules, generating an output value of 500 million yuan [2]. - In 2024, Bojing Technology is projected to achieve a cumulative output value of 710 million yuan, reflecting a year-on-year growth of 2714.6% [2].

Group 1 - The company aims to enhance operational capabilities by upgrading existing assets and processing isooctane and MTBE into finished gasoline to mitigate the negative impact of consumption tax [1] - The first phase of the project is expected to achieve 50% capacity utilization in its first full accounting year, generating revenue of 1.106 billion yuan and a net profit of 15 million yuan [1] - Upon full capacity, the project is projected to generate 2.213 billion yuan in revenue and a net profit of 35 million yuan [1] Group 2 - As of the end of 2024, the company's construction in progress amounts to 637 million yuan, an increase of 28.14% from the previous year [2] - The total budget for significant construction projects is 1.761 billion yuan, with a remaining balance of 558 million yuan [2] - Some projects have exceeded 100% completion but have not yet been transferred to fixed assets [2] Group 3 - The company has identified reasons for underutilization of capacity in major projects, including downstream demand, competition, and core product competitiveness [2][3] - Specific measures are being developed to improve capacity utilization, including price adjustments and enhancing product quality [2] - The company is actively exploring new markets, particularly in Africa, to boost sales [2] Group 4 - The company has a liquidity surplus after meeting operational and project funding needs, indicating no liquidity risk [9] - The company plans to optimize its organizational structure and focus on core business areas to improve its capital structure [9] Group 5 - The company acquired a 55% stake in Guan Zhen Technology for 60 million yuan, with performance commitments for net profits from 2022 to 2024 [10] - Guan Zhen Technology's actual net profits fell short of commitments, leading to a compensation obligation of 60 million yuan [10] - The company plans to transfer its stake in Guan Zhen Technology while ensuring compensation payments are made according to the agreed schedule [12] Group 6 - The company has reallocated goodwill among three asset groups, including Guan Zhen Technology, due to significant changes in the industry [15][19] - The reallocation of goodwill is in compliance with accounting standards and reflects the company's strategic adjustments [17][19]

Group 1: Sales and Financial Performance - In 2024, the company achieved operating revenue of 654 million RMB, an increase of 9.67% compared to 2023 [4] - The net profit attributable to shareholders reached 27.12 million RMB, up 206.84% from 2023 [4] - The cash flow from operating activities was -16.04 million RMB in 2024, primarily due to increased procurement payments and strategic inventory buildup [3] Group 2: Product and Market Insights - The company's overseas sales amounted to 80.35 million RMB, accounting for 12.38% of total sales, with key markets including Indonesia, Poland, Taiwan, and Mexico [3] - The high-margin product, prism-type dot technology, has a gross margin of approximately 40%, contributing significantly to profitability [4] - The company plans to expand its product applications into high-value sectors such as automotive and industrial control [5] Group 3: Research and Development - In 2024, R&D expenses were 3.51 million RMB, representing a 20% increase from 2023, with R&D spending as a percentage of revenue continuing to rise [3] - The R&D team consists of 92 professionals with expertise in optics, materials science, mathematics, and automation [3] Group 4: Strategic Initiatives and Future Outlook - The company is focused on enhancing its competitive edge through continuous product innovation and maintaining strong communication with investors [4] - The TAC film project is progressing well, with equipment procurement and investor engagement underway [4] - The company has established a comprehensive quality control system and aims to maintain its reputation in the industry [4]

Core Viewpoint - Tianlu Technology reported significant growth in 2024, driven by the recovery in the global display panel industry, with a notable increase in demand for its core product, light guide plates [1][2]. Financial Performance - The company's revenue reached 654 million yuan, a year-on-year increase of 9.67% [1]. - Net profit attributable to shareholders surged by 206.84% to 27.116 million yuan, while the net profit after deducting non-recurring gains and losses increased by 375.78% to 24.658 million yuan [1]. - The gross profit margin improved by 1.71 percentage points to 19.21% compared to 2023 [1]. Business Growth - The light guide plate business showed strong growth, with revenue increases of approximately 4 million yuan for desktop monitors, 12 million yuan for laptops, and 48 million yuan for LCD TVs compared to 2023 [3]. - The newly developed prism-type dot technology product generated approximately 41 million yuan in revenue in 2024, achieving a gross margin of about 40% [3]. Industry Trends - The overall recovery in the panel industry has positively impacted the light guide plate business, with increased shipments driven by upcoming international sports events and promotional activities [2]. - The domestic demand for TAC film is expected to rise significantly, with the localization rate of polarizer production projected to increase from around 30% in 2020 to 50% by 2025 [4]. R&D and Future Plans - The company increased its R&D expenditure to 35.0816 million yuan in 2024, a growth of approximately 20% year-on-year, to support the development of high-end optical materials [5]. - The company aims to cultivate new growth drivers by expanding its product offerings and enhancing its R&D capabilities [5]. Governance Changes - The actual controller of the company, Chen Ling, will terminate a share transfer agreement and resign from the board, which is seen as a stabilizing move for investor confidence [6]. - The governance structure is being optimized to facilitate the strategic advancement of the company, particularly in the TAC film project [6].