10月10日，昊创瑞通延续昨日涨势继续走高，截至收盘，公司股价报57.80元/股，涨幅9.18%，总市值 约64亿元。公司9月26日在深交所创业板成功上市，证券代码为301668，本次公开发行股票2790万股， 发行价21.00元/股。 昊创瑞通成立于2007年，专注智能配电设备及配电网数字化解决方案，核心产品包括智能环网柜、智能 柱上开关和箱式变电站，广泛应用于国家电网等新型电力系统建设。公司是国家级专精特新"小巨人"企 业、国家级绿色工厂、高新技术企业，并参与国家标准制定。 从财务数据来看，昊创瑞通2022年至2024年营业收入分别为5.60亿元、6.72亿元和8.67亿元，净利润分 别为6876.07万元、8740.74万元和1.11亿元，增长稳健。 随着我国智能电网和新型电力系统构建不断深入，配电设备智能化成为重要发展趋势，昊创瑞通的发展 前景将更加广阔。昊创瑞通融合电子、通信、网络、控制及传感技术，对传统配电设备进行创新优化， 采用智能化、一体化等设计，赋予产品测量数字化、控制网络化、状态可视化、功能一体化和信息互动 化特征，实现智能化升级。 昊创瑞通表示，将坚持"做精配网主业、适度外延发展"的发展 ...

Core Viewpoint - Haocreat Ruitong's stock price fell by 14.51% on its third trading day, closing at 50.25 yuan, marking the lowest price since its listing [1] Group 1: Stock Performance - The stock reached a minimum price of 50.05 yuan during the trading day, which is the lowest since its initial public offering [1] - The stock's decline occurred shortly after its public listing on September 26, 2025 [1] Group 2: IPO Details - Haocreat Ruitong issued 27.90 million shares at an initial price of 21.00 yuan per share, raising a total of 585.90 million yuan [1] - After deducting issuance costs, the net funds raised amounted to 516.15 million yuan, exceeding the original plan by 39.62 million yuan [1] - The company planned to use the raised funds for various projects, including the production of smart ring network cabinets and smart distribution research and development [1] Group 3: Issuance Costs - The total issuance costs (excluding VAT) were 69.75 million yuan, with underwriting and sponsorship fees accounting for 41.91 million yuan [1]

Core Viewpoint - Haocreat Ruitong Electric Equipment Co., Ltd. has officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market, focusing on smart distribution equipment and digital solutions for distribution networks [1] Group 1: Company Overview - Haocreat Ruitong specializes in the research, production, and sales of smart distribution equipment, including smart ring main units, smart pole-mounted switches, and box-type substations [1] - The company has achieved significant revenue growth, with projected revenues of 560 million yuan, 672 million yuan, and 867 million yuan from 2022 to 2024, reflecting compound growth rates of 24.47% and 27.22% for net profits [2] Group 2: Industry Context - The power industry is a crucial foundation for China's economic and social development, with a steady increase in electricity demand driving the growth of the smart distribution equipment sector [2] - By the end of 2023, China's installed power generation capacity reached 2.922 billion kilowatts, a year-on-year increase of 14.0%, while total electricity consumption grew by 6.7% [2] Group 3: Financial Performance - In the first half of 2025, the company reported revenues of 451 million yuan, a year-on-year increase of 2.97%, and a net profit of 61.61 million yuan, up 15.80% [3] - As of June 16, 2025, the company had an order backlog of 750.53 million yuan, reflecting a year-on-year growth of 16.67% [3] Group 4: R&D and Competitive Advantage - The company has a strong R&D team, with 43 personnel, accounting for 11.35% of total employees, and 65.12% of employees holding at least a bachelor's degree [4] - R&D expenditures have shown significant growth, with amounts of 17.30 million yuan, 23.36 million yuan, and 32.32 million yuan over the report period, resulting in a compound growth rate of 36.69% [4] Group 5: Technological Achievements - Haocreat Ruitong has developed core technologies in areas such as fault location and self-healing technology for distribution networks, achieving international advanced levels in several products [5] - The company holds 132 patents, including 15 invention patents, and has participated in the formulation of two national standards [6]

Group 1 - On September 26, Haocreat Ruitong's stock surged by 190.76%, with a trading volume of 1.188 billion yuan [1] - The financing buy-in amount for Haocreat Ruitong on the same day was 45.4771 million yuan, with a net financing buy-in of 41.9169 million yuan [1] - As of September 26, the total balance of margin trading for Haocreat Ruitong was 41.9169 million yuan, accounting for 2.98% of its market capitalization [1] Group 2 - As of September 26, the number of shareholders for Haocreat Ruitong reached 29,500, an increase of 246,050% compared to the previous period [2] - For the first half of 2025, Haocreat Ruitong reported operating revenue of 451 million yuan, a year-on-year increase of 2.97%, and a net profit attributable to shareholders of 61.6098 million yuan, reflecting a year-on-year growth of 15.80% [2]

Core Points - C Haocreat (301668) experienced a significant increase of 190.76% on its first trading day, with a turnover rate of 81.60% and a transaction volume of 1.188 billion yuan [2] - The stock's first-day margin trading saw a buy amount of 45.4771 million yuan, accounting for 3.83% of the total trading volume, with a latest margin balance of 41.9169 million yuan, representing 2.98% of the circulating market value [2] - The company specializes in the research, production, and sales of smart distribution equipment, including smart ring network cabinets, smart pole-mounted switches, and box-type substations [2] - On its debut, the stock attracted a net inflow of 355 million yuan from major funds, with large orders contributing 172 million yuan and 183 million yuan respectively [2] - The top five trading departments on the stock's first day had a total transaction of 94.3824 million yuan, with a net purchase of 49.5319 million yuan [2] Financial Data Summary - C Haocreat's first-day financing balance was 41.9169 million yuan, which is 2.98% of its circulating market value [2] - The stock's first-day performance was significantly higher compared to other recent IPOs, such as Jin Hua New Materials (133.00% increase) and C United Dynamics (147.60% increase) [2] - The stock's first-day margin trading details indicate no short selling balance, highlighting strong investor confidence [2]

Core Viewpoint - Haocreat Ruitong officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market, marking a significant milestone for the company focused on smart distribution equipment and digital solutions for distribution networks [1] Group 1: Company Overview - Haocreat Ruitong specializes in smart distribution equipment and digital solutions for distribution networks, leveraging national strategic initiatives such as "carbon peak and carbon neutrality" to drive innovation and development [2] - The company has developed key technologies including fault location and self-healing technology for distribution networks, IoT-enabled sensing components, high-precision power sensor technology, and low-pressure sealed air-insulated technology [2] Group 2: Stock Market Performance - The initial public offering price was set at 21.00 yuan per share, with the stock opening at 58.00 yuan and peaking at 75.00 yuan before closing at 61.06 yuan, representing a 190.76% increase on the first day [1] - The total market capitalization reached 6.717 billion yuan, with a trading volume of 18.81 million shares and a turnover of 1.188 billion yuan, indicating a high turnover rate of 81.60% [1] Group 3: Future Plans and Investments - The company plans to use the raised funds of approximately 58.59 million yuan for projects including the production of smart ring network cabinets, smart pole-mounted switches, and the establishment of a smart distribution research center [3][4] - The projects aim to enhance production scale, automation, and information technology levels, thereby improving the company's competitive edge and ensuring sustainable operations [4]

Group 1 - HCRT officially entered the capital market on September 26, marking a new chapter in its development [1] - Beijing HCRT Electrical Equipments Co., Ltd. was established in February 2007 and focuses on smart distribution equipment and digital solutions for distribution networks [1] - The company specializes in the research, production, and sales of smart distribution equipment, including smart ring main units, smart pole-mounted switches, and box-type substations [1] Group 2 - The successful listing of HCRT is a significant milestone in the company's development and reflects its strengths in technology innovation, market layout, management team, and brand building [5] - The company aims to leverage this listing as an opportunity to continue its innovation-driven and quality-focused development philosophy, enhancing its core competitiveness in the smart distribution equipment sector [5]

Core Viewpoint - Haocreat Ruitong Electric Equipment Co., Ltd. has successfully listed on the Shenzhen Stock Exchange's ChiNext board, with a closing price of 61.06 yuan, reflecting a significant increase of 190.76% on its first day of trading [1]. Company Overview - Haocreat Ruitong specializes in smart distribution equipment and digital solutions for distribution networks, focusing on the research, production, and sales of products such as smart ring main units, smart pole-mounted switches, and box-type substations [1]. Shareholding Structure - The major shareholders are Duan Youtao and Zhang Lingli, who together control 75.03% of the company. Duan Youtao holds 38.00% directly and 4.87% indirectly through a partnership, while Zhang Lingli holds 32.16% directly. They are a married couple, with Duan serving as Chairman and General Manager, and Zhang as a Director and Deputy General Manager [1]. Fundraising and Financials - The company raised a total of 585.90 million yuan, with a net amount of 516.15 million yuan after deducting issuance costs. This net amount exceeded the original plan by 39.62 million yuan [3]. - The funds will be allocated to projects including the production of smart ring main units, smart pole-mounted switches, and the establishment of a smart distribution research center, as well as to supplement working capital [3]. Financial Performance - From 2022 to 2024, the company reported revenues of 559.80 million yuan, 672.37 million yuan, and 867.25 million yuan, respectively, with net profits of 68.76 million yuan, 87.41 million yuan, and 111.29 million yuan [4]. - For the first half of 2025, the company achieved a revenue of 450.80 million yuan, a year-on-year increase of 2.97%, and a net profit of 61.61 million yuan, reflecting a growth of 15.80% [6]. Customer Concentration - The State Grid Corporation is the largest customer, accounting for a significant portion of sales, with revenues from this customer being 350 million yuan, 498 million yuan, and 619 million yuan over the past three years, representing 91.87%, 88.92%, and 91.99% of total sales, respectively [11]. - The gross profit from sales to the State Grid has consistently exceeded 93% over the last three years, indicating a heavy reliance on this customer [11]. Market Position and Challenges - The company faced challenges due to quality issues, resulting in a six-month suspension of bidding qualifications for certain products from the State Grid's subsidiaries, which negatively impacted its operational performance and brand reputation [11].

Group 1 - The company N Haocreat (301668) was listed today, opening with a rise of 176.19%, and closing with an increase of 190.76%, with a total trading volume of 18.81 million shares and a turnover of 1.188 billion yuan, resulting in a turnover rate of 81.60% [2] - The company primarily engages in the research, production, and sales of smart distribution equipment, with key products including smart ring network cabinets, smart pole-mounted switches, and box-type substations [2] - The total number of shares issued in this offering was 27.90 million, with an online issuance of 11.56 million shares at a price of 21.00 yuan per share, resulting in a price-to-earnings ratio of 21.02, compared to the industry average of 22.81 [2] Group 2 - The company raised a total of 586 million yuan from the initial public offering, with the funds primarily allocated to the production construction project of smart ring network cabinets, the establishment of a smart distribution research and development center, the production construction project of smart pole-mounted switches, and to supplement working capital [2]

河南两大能源巨头拟实施战略重组，相关上市公司集体大涨， 易成新能更是20%涨停。 今天（9月26日）上午A股市场整体表现相对低迷，主要指数普遍下跌，创业板指跌超1%。 热门个股方面，9月25日晚，平煤股份、神马股份、易成新能、硅烷科技和大有能源5家A股公司公告，河南省委、省政府决定对河南能源集团有限公司和中 国平煤神马控股集团有限公司实施战略重组。今日开盘后，上述上市公司集体拉升，其中，易成新能20%涨停，神马股份、大有能源亦涨停。此外，市值超 千亿元的赛力斯盘中一度触及涨停。 港股市场今天上午整体低位震荡。港股通标的股中，博雷顿大涨，盘中涨幅一度超过40%。 A股主要指数回调 今天上午A股市场整体表现相对低迷，主要指数盘中普遍下跌。截至中午收盘，上证指数下跌0.18%，深证成指下跌0.79%，创业板指下跌1.17%，科创50指 数下跌0.52%，北证50指数下跌0.97%。 行业板块和赛道方面，若按照申万一级行业划分，传媒板块领跌，板块跌幅超过2%，其中，果麦文化、无线传媒跌超10%，吉比特跌停。 计算机、通信、电子、医药生物、机械设备、社会服务等板块盘中跌幅居前；石油石化、房地产、农林牧渔等板块盘中涨幅居 ...