1月9日，亚普股份涨5.08%，截至发稿，报25.22元/股，成交1.21亿元，换手率0.97%，总市值129.28亿 元。 资料显示，亚普汽车部件股份有限公司位于江苏省扬州市扬子江南路508号，成立日期1993年7月4日， 上市日期2018年5月9日，公司主营业务涉及储能系统产品、热管理系统产品的研发、制造、销售和服 务。主营业务收入构成为：油箱94.27%，材料、售后件及工装销售等4.03%，油管及尿素箱等1.70%。 李念累计任职时间298天，现任基金资产总规模4.32亿元，任职期间最佳基金回报15.61%， 任职期间最 差基金回报-13.72%。 责任编辑：小浪快报 数据显示，中银基金旗下1只基金重仓亚普股份。中银中证央企红利50指数A（020251）三季度持有股 数25.34万股，占基金净值比例为2.59%，位居第八大重仓股。根据测算，今日浮盈赚取约30.91万元。 中银中证央企红利50指数A（020251）成立日期2024年3月22日，最新规模4958.65万。今年以来收益 0.78%，同类排名5098/5509；近一年收益12.99%，同类排名3732/4198；成立以来收益15.58%。 中银 ...

中银中证央企红利50指数A（020251）基金经理为赵建忠、李念。 截至发稿，赵建忠累计任职时间10年204天，现任基金资产总规模52.22亿元，任职期间最佳基金回报 131.93%， 任职期间最差基金回报-31.32%。 12月25日，亚普股份涨5.67%，截至发稿，报23.12元/股，成交7394.47万元，换手率0.64%，总市值 118.51亿元。 资料显示，亚普汽车部件股份有限公司位于江苏省扬州市扬子江南路508号，成立日期1993年7月4日， 上市日期2018年5月9日，公司主营业务涉及储能系统产品、热管理系统产品的研发、制造、销售和服 务。主营业务收入构成为：油箱94.27%，材料、售后件及工装销售等4.03%，油管及尿素箱等1.70%。 从基金十大重仓股角度 数据显示，中银基金旗下1只基金重仓亚普股份。中银中证央企红利50指数A（020251）三季度持有股 数25.34万股，占基金净值比例为2.59%，位居第八大重仓股。根据测算，今日浮盈赚取约31.42万元。 中银中证央企红利50指数A（020251）成立日期2024年3月22日，最新规模4958.65万。今年以来收益 7.61%，同类排名3 ...

12月24日，渤海汽车盘中下跌2.02%，截至10:13，报5.34元/股，成交9350.32万元，换手率1.82%，总市 值50.76亿元。 资金流向方面，主力资金净流出430.09万元，特大单买入376.01万元，占比4.02%，卖出431.86万元，占 比4.62%；大单买入1496.63万元，占比16.01%，卖出1870.87万元，占比20.01%。 渤海汽车今年以来股价涨60.36%，近5个交易日涨3.89%，近20日涨8.10%，近60日涨13.38%。 今年以来渤海汽车已经7次登上龙虎榜，最近一次登上龙虎榜为10月15日，当日龙虎榜净买入2399.85万 元；买入总计4961.75万元 ，占总成交额比20.60%；卖出总计2561.90万元 ，占总成交额比10.63%。 分红方面，渤海汽车A股上市后累计派现1.91亿元。近三年，累计派现0.00元。 责任编辑：小浪快报 资料显示，渤海汽车系统股份有限公司位于山东省滨州市渤海二十一路569号，成立日期1999年12月31 日，上市日期2004年4月7日，公司主营业务涉及活塞及组件、轻量化汽车零部件、汽车轮毂、汽车空 调、减振器、排气系统、油箱等多 ...

Investment Rating - The report assigns an "Accumulate" rating for the company [5]. Core Insights - The company, Fushite, is a leader in the high-pressure hydraulic pipeline system sector, focusing on the mining maintenance market, which presents new growth opportunities [7]. - The global hydraulic industry has shown a steady upward trend, with a market size increase from €27.67 billion in 2016 to €31.60 billion in 2023, reflecting a CAGR of approximately 1.91% [7][48]. - Fushite's revenue is projected to grow significantly, with estimates of ¥5.9 billion, ¥11.0 billion, and ¥21.2 billion for 2025, 2026, and 2027 respectively, indicating year-on-year growth rates of 25%, 87%, and 93% [7]. Summary by Sections Company Overview - Fushite has established itself as a leader in the hydraulic pipeline industry, with a strong focus on high-pressure hydraulic systems and a commitment to replacing imports [14]. - The company has expanded its domestic presence and recently listed on the Shenzhen Stock Exchange, enhancing its market reach [14][7]. Financial Analysis - The company has demonstrated outstanding profitability, with a gross margin of 40.44% in 2021, and a consistent performance in net profit margins [27][32]. - Revenue and net profit have shown fluctuations but are expected to rebound, with a projected net profit of ¥0.9 billion in 2025, reflecting a 24% increase year-on-year [7][29]. Industry Context - The hydraulic pipeline system is critical for various industries, including construction and mining, serving as the "blood vessels" of hydraulic equipment [41]. - The market for hydraulic components is expected to exceed $45 billion by 2025, with significant contributions from China [47]. Growth Opportunities - The mining maintenance sector is identified as a high-growth area, with the global market for mining equipment maintenance projected to reach $13.54 billion by 2024 [62]. - Fushite is strategically positioned to capitalize on this growth through its innovative products and services tailored to the mining industry [71].

Core Viewpoint - Jiangsu Yaokun Hydraulic Co., Ltd. has made progress in its IPO process by submitting its registration after nearly two years of waiting, while other companies like Beijing Bohua Xinzhi Technology Co., Ltd., Zhuhai Saiwei Electronic Materials Co., Ltd., and Hunan Weapon Industry Group Co., Ltd. have faced delays in their IPO submissions due to expired financial documents [1][6]. Group 1: Company Overview - Yaokun Hydraulic specializes in the research, production, and sales of hydraulic components and parts, with main products including oil tanks, hard pipes, and metal fittings, primarily used in excavators and other engineering machinery [3]. - The company achieved revenues of approximately 707 million yuan, 659 million yuan, 643 million yuan, and 365 million yuan for the years 2022 to 2024 and the first half of 2025, with corresponding net profits of about 142 million yuan, 132 million yuan, 115 million yuan, and 67.1 million yuan [3]. Group 2: Financial Projections - For the year 2025, Yaokun Hydraulic forecasts revenues of approximately 752 million yuan, representing a growth of 16.99% compared to the previous year, and a net profit of about 130 million yuan, reflecting a growth of 13.55% [4]. - The company plans to raise approximately 809 million yuan through its IPO, with allocations of 659 million yuan for production projects, 80 million yuan for R&D center construction, and 70 million yuan for working capital [4]. Group 3: Shareholder Structure and Financial Health - Yaokun Hydraulic's major shareholders include Xie Yaokun, Xie Wenqing, and Xie Wengu, who collectively hold 81.85% of the shares and control 87.39% of the voting rights [5]. - The company has reported high accounts receivable, with values of approximately 201 million yuan, 162 million yuan, 196 million yuan, and 199 million yuan at the end of each reporting period, constituting a significant portion of current assets [5]. Group 4: Industry Context - Other companies like Bohua Technology, Zhuhai Saiwei, and Hunan Weapon Industry have faced delays in their IPO processes despite having received approval, with Bohua Technology's IPO application being stalled due to expired financial documents [6][7]. - Bohua Technology focuses on health management systems for military and industrial equipment, while Zhuhai Saiwei specializes in lithium-ion battery electrolyte production [8]. Hunan Weapon Industry is involved in military product development and testing services [8].

Group 1 - Jiangsu Yaokun Hydraulic Co., Ltd. has made progress in its IPO by submitting registration on December 8, 2023, after nearly two years of waiting [1][4] - The company primarily engages in the research, production, and sales of hydraulic components, with key products including oil tanks, hard pipes, and metal fittings, mainly used in excavators and other construction machinery [5] - For the years 2022 to 2024, Yaokun Hydraulic reported revenues of approximately 707 million yuan, 659 million yuan, and 643 million yuan, with corresponding net profits of about 142 million yuan, 132 million yuan, and 115 million yuan [5] Group 2 - The company plans to raise approximately 809 million yuan through its IPO, with funds allocated for the construction of a hydraulic component production project, a research and development center, and to supplement working capital [6] - The company has a high proportion of accounts receivable, with values of approximately 201 million yuan, 162 million yuan, 196 million yuan, and 199 million yuan at the end of each reporting period, representing 26.77%, 22.03%, 24.14%, and 23.51% of total current assets respectively [6] - The controlling shareholders of Yaokun Hydraulic are Xie Yaokun, Xie Wenqing, and Xie Wenguang, who collectively hold 81.85% of the shares and control 87.39% of the voting rights [6] Group 3 - Other companies such as Beijing Bohua Xinzhi Technology Co., Ltd., Zhuhai Saiwei Electronic Materials Co., Ltd., and Hunan Weapon Industry Group Co., Ltd. have also passed the IPO review but have not made further progress, with their applications currently in a suspended state due to expired financial documentation [1][7] - Bohua Technology, which focuses on health management for critical equipment, has been waiting for over three years since its IPO application was accepted in June 2022, and it plans to raise 850 million yuan for various projects [8][9] - Zhuhai Saiwei, which specializes in lithium-ion battery electrolyte production, has also been in the IPO queue for over three years and aims to raise 1 billion yuan for its projects [10]

IPO过会近两年，刚刚提交注册！ 据了解，耀坤液压主要从事液压元件及零部件的研发、生产和销售，主要产品为油箱、硬管和金属饰件 等，主要应用于挖掘机等各类工程机械主机设备。公司IPO于2023年3月2日获得受理，2023年3月24日 进入问询阶段，并于2024年1月25日上会获得通过。 来源：资本秘闻 本次冲击上市，耀坤液压拟募集资金约8.09亿元，将投入徐州耀坤液压有限公司液压元件及零部件生产 建设项目（一期）、研发中心建设项目、补充流动资金。 2024年1月过会后，江苏耀坤液压股份有限公司（以下简称"耀坤液压"）IPO始终未有实质性进展。12月 8日晚间，深交所官网显示，耀坤液压主板IPO提交注册。 2024年1月过会后，江苏耀坤液压股份有限公司（以下简称"耀坤液压"）IPO始终未有实质性进展。12月 8日晚间，深交所官网显示，耀坤液压主板IPO提交注册。 责任编辑：杨红卜 IPO过会近两年，刚刚提交注册！ 来源：资本秘闻 据了解，耀坤液压主要从事液压元件及零部件的研发、生产和销售，主要产品为油箱、硬管和金属饰件 等，主要应用于挖掘机等各类工程机械主机设备。公司IPO于2023年3月2日获得受理，2023年 ...

Core Viewpoint - Jiangsu Yaokun Hydraulic Co., Ltd. has made progress in its IPO process, with registration submitted after a period of inactivity since its approval in January 2024 [1] Company Overview - Jiangsu Yaokun Hydraulic specializes in the research, production, and sales of hydraulic components and parts, with main products including oil tanks, hard pipes, and metal fittings [1] - The company's products are primarily used in excavators and various types of construction machinery [1] IPO Details - The IPO was accepted on March 2, 2023, entered the inquiry stage on March 24, 2023, and was approved on January 25, 2024 [1] - The company aims to raise approximately 809 million yuan (about 8.09 billion yuan) through the IPO [1] - The raised funds will be allocated to the construction of a hydraulic components production project (Phase I), a research and development center, and to supplement working capital [1]

Core Viewpoint - Jiangsu Yaokun Hydraulic Co., Ltd. has applied for IPO review status change to "submitted for registration" on the Shenzhen Stock Exchange, aiming to raise 808.62 million yuan [1] Company Overview - Yaokun Hydraulic specializes in the R&D, production, and sales of hydraulic components and parts, with main products including oil tanks, hard pipes, and metal fittings, primarily used in excavators and other engineering machinery [1][2] - The company has established a strong brand and competitive advantage through years of independent innovation and has built a complete product system in the hydraulic component sector [1][2] Market Position - The hydraulic industry in China has developed rapidly over the past 60 years, with over 1,000 domestic hydraulic enterprises, but most are small-scale, leading to low industry concentration and overall competitiveness [2] - Yaokun Hydraulic has successfully entered the supply chain of major global engineering machinery manufacturers, establishing long-term partnerships with companies like Caterpillar, Komatsu, and Volvo [2] Industry Performance - According to the China Engineering Machinery Industry Association, Yaokun Hydraulic's oil tanks and hydraulic hard pipes ranked among the top three in market share in the Chinese engineering machinery market from 2022 to 2024 [3] - The company is recognized for its comprehensive strength in the hydraulic industry, ranking among the top ten in terms of product revenue from 2022 to 2024 [3] Financial Overview - The company plans to invest the raised funds into several projects, including a hydraulic components production project with a total investment of 658.6185 million yuan and a research and development center [4] - Financial performance shows a decline in revenue from 707 million yuan in 2022 to an expected 365 million yuan by June 30, 2025, with net profit also decreasing from 142 million yuan in 2022 to an expected 67.45 million yuan [4] - Total assets are projected to grow from 992.55 million yuan in 2022 to approximately 1.30094 billion yuan by June 30, 2025, while the debt-to-asset ratio is expected to improve from 19.40% in 2022 to 11.59% by mid-2025 [5]

Core Viewpoint - The resignation of Wang Renzhen, the Executive Vice President of Bohai Automotive, is attributed to work adjustments, and it is stated that his departure will not adversely affect the company's daily operations [1][3]. Group 1: Management Changes - Wang Renzhen submitted his resignation as Executive Vice President, effective from November 10, 2025, due to work adjustments [1][2]. - Wang Renzhen was appointed as Executive Vice President in January 2022 and had a tax annual salary of 1.1331 million yuan in 2024 [3]. Group 2: Financial Performance - Bohai Automotive has faced financial challenges, reporting net losses of approximately 90.11 million yuan, 62.26 million yuan, 199 million yuan, and 1.264 billion yuan from 2021 to 2024 [4]. - In the first three quarters of 2025, the company achieved a net profit of 210 million yuan, marking a turnaround from previous losses, primarily due to the exclusion of certain losses from the consolidated financial statements [4]. Group 3: Major Asset Restructuring - The company has received approval from the Beijing State-owned Assets Supervision and Administration Commission for a major asset restructuring plan, which involves acquiring stakes in several companies, including Beijing Beiqi Moulding Technology Co., Ltd. and others [4][5]. - Post-transaction, Bohai Automotive will expand its product line to include automotive exterior parts, seat frames, electronic products, and wiring harnesses, enhancing its core competitiveness [5]. Group 4: Market Performance - As of November 10, the stock price of Bohai Automotive increased by 0.18%, closing at 5.48 yuan per share, with a total market capitalization of 5.209 billion yuan [6]. - The stock has seen a price increase of 64.56% since the beginning of 2025 [6].