据京沪深交易所披露，上周（12月15日-12月19日）6家企业上会，新增5家新受理企业；3家IPO提交注 册，2家IPO注册获通过，4只新股上市。 与此同时，本周（12月22日-12月26日）9家公司上会迎考，3只新股安排申购。 一、IPO审核与注册进展 审6过6，创达新材募资补流合理性获关注 上周，6家IPO首发上会获通过，其中，尚水智能、固德电材拟登陆创业板，电科蓝天拟登陆科创板， 创达新材、赛英电子冲刺北交所上市，长裕集团拟登陆沪市主板。 招股书显示，尚水智能主要面向新能源电池极片制造及新材料制备领域，专业从事融合工艺能力的智能 装备的研发、设计、生产与销售。报告期内，比亚迪为其第一大客户。业绩方面，2025年前三季度，公 司营收、归母净利润分别为5.67亿元、1.22亿元。 据审议会议结果公告，上市委要求尚水智能结合新能源电池制浆设备下游市场需求、竞争格局、市场份 额变动趋势等情况，说明现有产品的技术迭代风险及业绩增长的可持续性。 wind数据显示，本周暂有9家企业"闯关"IPO。其中，4家拟冲刺北交所，分别为英氏控股、隆源股份、 普昂医疗、新恒泰；盛龙股份、福恩股份拟登陆深市主板；视涯科技拟登陆科创 ...

【隔夜行情】 •周五（2025年12月19日），A股市场三大指数集体收涨，截至收盘，沪指报3890.45点，涨0.36%；深证 成指报13140.21点，涨0.66%；创业板指报3122.24点，涨0.49%。总体来看，个股涨多跌少，上涨个股 超4400只。沪深两市全天成交额1.73万亿元，较上个交易日放量700亿元。 •周五（2025年12月19日），港股三大指数悉数走高，截止收盘，恒生指数涨0.75%或192.4点，报 25690.53点，全日成交额为2211.86亿港元；恒生国企指数涨0.68%，报8901.23点；恒生科技指数涨 1.12%，报5479.04点。全周来看，恒指累跌1.1%，国指累跌1.96%，恒科指数累跌2.82%。 •周五（当地时间2025年12月19日），美股三大指数集体收涨，截至收盘，道琼斯指数涨0.38%，报 48,134.89点；标普500指数涨0.88%，报6,834.50点；纳斯达克指数涨1.31%，报23,307.62点。标普500指 数本周小幅上涨0.1%，纳指上涨0.5%，而道指则下跌0.7%。 【今日新股】 【重要新闻】 【三部门发布《互联网平台价格行为规则》】1 ...

Group 1 - The company has set the issuance price at 80.44 yuan per share, corresponding to a price-to-earnings (P/E) ratio of 12.37 times based on the lower of the audited net profit attributable to the parent company for 2024, adjusted for non-recurring gains and losses [1][3][6] - The company meets the listing standards set by the Shanghai Stock Exchange, with a projected market value of no less than 5 billion yuan and positive net profit in the most recent year [2] - The company operates in the cultural, sports, and entertainment industry, specifically in the cultural arts sector, with an average industry P/E ratio of 26.90 [3][5] Group 2 - The company’s net profits for the years 2022 to 2025 (up to June) are projected to be -76.06 million yuan, 42.02 million yuan, 50.30 million yuan, and 20.41 million yuan, respectively, with total operating revenues of 231.89 million yuan, 1.09 billion yuan, 1.26 billion yuan, and 516.46 million yuan [2] - The company’s cash flow from operating activities over the last three years has accumulated to 6.64 million yuan, meeting the requirement of at least 25 million yuan [2] - The company’s P/E ratio of 12.37 is lower than the average static P/E ratio of comparable companies in the industry for 2024 [6][10] Group 3 - The company plans to use approximately 155.51 million yuan from the fundraising for its projects, with a net fundraising amount expected to be around 152.19 million yuan after deducting issuance costs [13] - The shares issued will have no restrictions on circulation and can be traded immediately upon listing [14] - The company will conduct its public offering on the Shanghai Stock Exchange, with the online subscription date set for December 22, 2025 [19][20]

登录新浪财经APP 搜索【信披】查看更多考评等级 保荐人（主承销商）：中国国际金融股份有限公司 陕西旅游文化产业股份有限公司（以下简称"陕西旅游"、"发行人"或"公司"）首次公开发行人民币普通 股（Ａ股）（以下简称"本次发行"）并在主板上市的申请已经上海证券交易所（以下简称"上交所"）上 市审核委员会审议通过，并已经中国证券监督管理委员会（以下简称"中国证监会"）同意注册（证监许 可〔２０２５〕２５６８号）。 经发行人与保荐人（主承销商）中国国际金融股份有限公司（以下简称"中金公司"或"保荐人（主承销 商）"）协商决定，本次发行采用直接定价方式，全部股份通过网上向持有上海市场非限售Ａ股股份和 非限售存托凭证市值的社会公众投资者定价发行（以下简称"网上发行"），不进行网下询价和配售，本 次发行股份数量１，９３３．３３３４万股，全部为公开发行新股，发行人股东不进行老股转让。网上 发行１，９３３．３０００万股，占本次发行总量的９９．９９８３％，未达沪市新股网上申购单位５ ００股的余股３３４股由保荐人（主承销商）包销。本次发行的股票无流通限制及锁定安排。 本次网上发行通过上交所交易系统进行，采用按市值申购定价发行方式 ...

公司表示，未来将紧抓我国旅游行业快速发展的历史机遇，继续深耕演艺、索道等核心业务，不断改进服务水平，提高服务质量；同时，公司将结合自身优 势渐进开展产业链横向及纵向布局，在陕西省内以及全国范围内拓展旅游业市场，提升企业综合竞争力，致力于打造全国一流的全方位休闲旅游生活方式的 提供商和服务商。 本次发行概况 | 序号 | 募集资金投向 | 总投资 | 利用募集资: | | --- | --- | --- | --- | | | 建设类项目 | | | | 1 | 泰山秀城(二期)建设项目(以下简称"泰山秀城 | 83.411.32 | | | | (二期)项目") | | | | 2 | 陕西少华山国家森林公园索道增容(南线索道)项目 | 30.000.00 | | | | (以下简称"少华山南线索道项目") | | | | 3 | 太华索道综合服务中心项目(以下简称"太华索道服 | 8.183.44 | | | | 务中心项目") | | | | ব | 太华索道游客服务中心改造项目(以下简称"太华索 | 4.900.00 | | | | 道游客中心项目") | | | | | 收购类项目 | | | | 5 ...

IPO Review and Registration Progress - Five companies passed the IPO review last week, including振石股份, 易思维, 爱得科技, 通领科技, and 兢强科技, with振石股份 planning to raise approximately 39.81 billion yuan [3][4] - 易思维 focuses on machine vision equipment for automotive manufacturing, reporting revenues of 20.4 million yuan and a net loss of 7.1755 million yuan for the first three quarters of 2025 [4] - Three companies passed the review at the North Exchange, with爱得科技 specializing in orthopedic medical devices, 通领科技 in automotive interior parts, and 兢强科技 in electromagnetic wire [5] Upcoming IPOs - Three companies, 永大股份, 美德乐, and 海菲曼, are set to present their IPO applications this week at the North Exchange [6] - 永大股份 reported revenues of 696 million yuan in 2022, with a projected decline in net profit for 2024 [6] - 美德乐's revenue from products in the new energy battery sector accounts for about 60% of its main business income, with high customer concentration [7] - 海菲曼 expects revenues between 232 million and 266 million yuan for 2025, with a net profit forecast of 70 million to 85 million yuan [7] New IPO Applications - Two IPO applications were accepted last week, with 北斗院 focusing on satellite navigation and space control technologies, and 格林生物 specializing in fragrance products [8][9] - 北斗院's revenue for 2025 is projected at 112 million yuan, with a declining gross margin trend [9] - 格林生物 aims to raise approximately 690 million yuan for various projects, including the production of high-end fragrances [9] New Stock Listings - Four new stocks were listed last week, with 大鹏工业 seeing a significant first-day increase of 1211.11% [11][13] - 海安集团 will officially list on November 25, with a share price of 48 yuan, reporting a revenue decline of 4.77% for the first three quarters of 2025 [12] - Other companies listed include 北矿检测, 恒坤新材, and 南网数字, all showing substantial first-day gains [13] Upcoming New Stock Subscriptions - Two new stocks are scheduled for subscription this week, with 摩尔线程 setting a record IPO price of 114.28 yuan per share [14] - 摩尔线程 expects to raise approximately 7.576 billion yuan, which would be a record for the year in the Sci-Tech Innovation Board [14] - 百奥赛图 anticipates a revenue of 1.351 billion yuan for 2025, reflecting a growth of 37.75% [16]

Core Viewpoint - The approval of Shaanxi Tourism's IPO marks a significant milestone as it is set to become the first cultural tourism company to list on the A-share market in five years, reflecting a potential recovery in the sector [1] Company Summary - Shaanxi Tourism's IPO application was accepted by the Shanghai Stock Exchange on May 30, 2023, and it passed the review on November 7, 2023, making it the first cultural tourism enterprise to be accepted since the "8·27 new policy" [1] - The company plans to raise 1.555 billion yuan through the IPO to fund various projects, including acquisitions of equity in Taihua Cableway and Shaohua Mountain tourism projects, as well as the construction of service centers [1] - Established in 1988 and listed on the New Third Board in January 2017, Shaanxi Tourism operates primarily in tourism performance, cableway services, and tourism dining, leveraging resources like Huaqing Palace and Mount Huashan [1] Financial Performance - Projected revenues for Shaanxi Tourism are 1.088 billion yuan in 2023, 1.263 billion yuan in 2024, and 516 million yuan in the first half of 2025, with net profits expected to be 427 million yuan, 512 million yuan, and 204 million yuan respectively, indicating strong profitability [2] Industry Context - The last cultural tourism company to go public was Xiyu Tourism, which listed on the Shenzhen Stock Exchange in August 2020. The industry has faced challenges in recent years, particularly due to the COVID-19 pandemic, which led to significant losses [3] - The difficulties in listing for cultural tourism companies are attributed to their reliance on ticket sales for revenue, low diversification of income, and high asset intensity, which contribute to weak sustainable profitability [3]

Core Viewpoint - The China Securities Regulatory Commission has approved the initial public offering (IPO) registration for Shaanxi Tourism Culture Industry Co., Ltd., which plans to raise 1.555 billion yuan on the Shanghai Stock Exchange [1][2]. Company Overview - Shaanxi Tourism was established in April 2011 and primarily engages in tourism operations focusing on tourism performances, cable cars, and dining [5]. - The company has become a leading enterprise in the "scenic area + cultural tourism" sector, leveraging rich tourism resources and years of operational experience [5]. - Its business integrates tourism performances, cable cars, and dining, relying on high-quality tourism resources such as Huaqing Palace and Mount Huashan to provide high-quality tourism products and services [5].

Core Viewpoint - Shaanxi Tourism Cultural Industry Co., Ltd. has passed the IPO review by the Shanghai Stock Exchange, marking it as the 70th company approved for listing this year, with a focus on leveraging high-quality tourism resources for enhanced visitor experiences [1][2]. Group 1: Company Overview - Shaanxi Tourism integrates various tourism-related services, including performance, cable cars, dining, and project investment and management, capitalizing on resources like Huaqing Palace and Huashan Mountain [1]. - The controlling shareholder of Shaanxi Tourism is Shaanxi Tourism Group Co., Ltd., which holds 47.59% of the shares directly and an additional 6.69% indirectly through Shaanxi Tourism Development Co., Ltd. [2]. Group 2: IPO Details - The company plans to publicly issue up to 19.333334 million shares on the Shanghai Stock Exchange, representing no less than 25% of the total share capital post-issuance [2]. - The IPO aims to raise approximately 1.5551279 billion yuan, which will be allocated to several projects, including the construction of the Taishan Xiucheng Phase II project and the expansion of cable car services at Shaohua Mountain National Forest Park [2]. Group 3: Market and Performance Inquiry - The listing committee raised inquiries regarding the sustainability of the company's products and revenue, the stability of its operating performance, and the adequacy of risk disclosures related to its key projects, including the "Chang Hen Ge" performance and cable car operations [3]. - Questions were also posed about the operational metrics such as attendance rates and profit margins for the Taishan Xiucheng Phase I project, assessing the rationale for further investment in the Phase II project [3].

Core Viewpoint - Shaanxi Tourism Culture Industry Co., Ltd. has successfully passed the IPO review on the Shanghai Stock Exchange, aiming to raise approximately 1.555 billion yuan for its business expansion [1] Group 1: Company Overview - Shaanxi Tourism integrates various sectors including tourism performances, cable cars, dining, and project investment and management [1] - The company’s main board IPO was accepted on May 30, 2025, and entered the inquiry stage on June 26 of the same year [1] Group 2: Financial Aspects - The company plans to raise around 1.555 billion yuan through this IPO [1] Group 3: Regulatory Requirements - The listing committee has requested Shaanxi Tourism to explain the sustainability of its products and revenue, considering the domestic tourism market conditions and the performance of its key projects such as "The Longest Love" and cable car operations [1] - The committee also requires the company to justify the rationale and necessity for continued investment in the second phase of the Taishan Xiucheng project, including an analysis of attendance rates, gross margins, and market prospects [1]