据京沪深交易所披露，上周（1月5日-1月9日）2家企业上会，暂无新受理企业；4家IPO提交注册，3家 IPO注册获通过，1只新股上市。 一、IPO审核与注册进展 审2过2，北交所IPO审核节奏稳中有升 上周，2家IPO首发上会，分别为晨光电机、邦泽创科，两家公司均拟登陆北交所。2025年北交所上市 审核保持较高频率，去年11月至12月北交所审议25家企业，23家企业过会。 华源证券北交所首席分析师赵昊表示，2025年北交所IPO节奏环比显著加快，下半年有38家公司过会。 在北交所市场制度改革深化背景下，预计后续IPO或将在稳中有升中实现结构性修复，后续IPO有望维 持高速发行。 从上周过会情况来看，审议会议现场，北交所上市委关心的核心问题主要涉及业绩稳定性、业绩增长的 真实性及可持续性以及公司内部治理等问题。 与此同时，本周（1月12日-1月16日）6家公司上会迎考，2只新股安排申购。 晨光电机主要从事微特电机的研发、生产和销售，产品主要应用于以吸尘器为主的清洁电器领域。2025 年前三季度，公司实现营收6.87亿元、归母净利润0.68亿元。 审议意见显示，上市委要求晨光机电结合报告期内主要客户合作情况、公司 ...

IPO及再融资上会预告 据交易所官网审核动态信息，下周（1月12日-1月16日）IPO上会审核6家企业，合计拟募资66.32亿元。 | | | | | | | 下周(1.12-1.16) IPO上会企业 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 上会日期 | 数量 | 申报板块 | 公司简称 | 注册地 | 受理到审核 间隔天数 | 所属行业 | 最近一年净利润 (万元) | 拟募资规模 (万元) | 保荐机构 | 会计师事务所 | 律师事务所 | | 2026-1-13 | 1 | 创业板 | 高特电子 | 浙江 | 204 | 电气机械和器材制造业 | 9,842.23 | 85,000.00 | 中信证券 | 天健 | 中伦 | | 2026-1-14 | 2 | 科创板 | 联讯仪器 | 江苏 | 152 | 仪器仪表制造业 | 14,088,30 | 171,144,28 | 中信证券 | 器波 | 德恒 | | | | 北交所 | 瑞尔竞达 | 安徽 | 244 | ...

本次冲击上市，信胜科技拟募集资金约4.49亿元。 据了解，信胜科技专业从事电脑刺绣机的研发、生产和销售。公司IPO于2025年6月26日获得受理，当 年7月23日进入问询阶段。 北京商报讯（记者 马换换 王蔓蕾）根据安排，浙江信胜科技股份有限公司（以下简称"信胜科技"）北 交所IPO将于1月16日上会迎考。 ...

瑞财经 王敏 12月1日，浙江信胜科技股份有限公司（以下简称"信胜科技"）披露关于公开发行股票并在 北交所上市申请文件的第二轮审核问询函，保荐机构为国信证券。 北交所请信胜科技结合申工机械股东的出资来源、技术来源、核心资产权属等情况，及其管理人员、技 术人员及实际控制人身份背景，关联交易定价情况，说明申工机械是否专为信胜科技成立，是否存在由 信胜科技实际控制人实际控制的情形，是否存在为信胜科技代垫成本费用情形。 招股书显示，信胜科技专业从事电脑刺绣机的研发、生产和销售，具有多年品牌历史和核心技术，系工 信部第二批专精特新"小巨人"企业、第一批国家专精特新重点"小巨人"企业。 | 根据申请文件及问询回复:(1)实际控制人亲属控制的 | | --- | | 企业中,申工机械与发行人子公司信顺精密均为发行人供应 | | 梭床壳体、针杆架等零部件,存在一定的业务重叠,但发行 | | 人与申工机械不构成同业竞争关系,发行人子公司信顺精密 | | 产能不足,无法满足发行人电脑刺绣机零部件的采购需求, | | 故发行人向申工机械采购部分零部件,且申工机械规模较小, | | 不存在生产电脑刺绣机整机的能力,不存在与发行人竞争 ...

Core Viewpoint - Zhejiang Xinxing Technology Co., Ltd. (hereinafter referred to as Xinxing Technology) is currently pursuing an IPO on the Beijing Stock Exchange, showing consistent revenue and net profit growth from 2022 to 2024, with major export clients located in Pakistan and India [2][3] Financial Performance - Xinxing Technology achieved revenues of 600 million yuan, 704 million yuan, and 1.03 billion yuan for the years 2022, 2023, and 2024 respectively, with net profits of 52.6 million yuan, 58.9 million yuan, and 120 million yuan during the same period [3][5] - The company distributed dividends totaling 73.5 million yuan from 2022 to 2024, with amounts of 21 million yuan, 21 million yuan, and 31.5 million yuan respectively [5] Client and Market Dynamics - Major clients include M.RAMZAN and its affiliates in Pakistan, contributing significantly to revenue, with the combined contribution from the top two clients accounting for 34.31% of total revenue in 2024 [3][4] - Sales from Pakistani and Indian clients represented 40.22% of the company's main revenue in 2024 [3] IPO and Fundraising Plans - Xinxing Technology plans to raise 489 million yuan through the IPO, with 90 million yuan allocated for working capital [5] - The company aims to use the funds for the construction of a production project with an annual capacity of 11,000 embroidery machine frames [5] Ownership and Control - The controlling shareholder, Zhejiang Xinxing Holdings Co., Ltd., is fully owned by Wang Haijiang and Yao Xiaoyan, who collectively hold 94.29% of Xinxing Technology's shares [6] - The significant control by the actual controllers raises concerns about potential mismanagement, which could adversely affect the company and minority shareholders [6]

Core Viewpoint - Zhejiang Xinxing Technology Co., Ltd. (hereinafter referred to as Xinxing Technology) is pursuing an IPO on the Beijing Stock Exchange, with a focus on its growth in revenue and net profit from 2022 to 2024, despite challenges from foreign exchange shortages affecting major clients in Pakistan and India [1][2]. Financial Performance - Revenue for Xinxing Technology over the reporting period is projected to be 600 million yuan, 704 million yuan, and 1.03 billion yuan for the years 2022, 2023, and 2024 respectively [2]. - Net profit attributable to the parent company is expected to be approximately 52.6 million yuan, 58.9 million yuan, and 120 million yuan for the same years [2]. - The company has maintained a gross profit margin of around 20% to 23% during the reporting period [3]. Client Base and Market Challenges - Major clients include M.RAMZAN and its affiliates in Pakistan, and LIBERTY and ALLIANCE in India, contributing 34.31% of revenue in 2024 [5]. - The company faced a significant drop in orders from M.RAMZAN due to foreign exchange shortages in Pakistan from Q3 2022 to Q2 2023, although the situation has improved since then [6]. IPO Fund Utilization - Xinxing Technology plans to raise 489 million yuan through the IPO, with 90 million yuan allocated for working capital [7][9]. - The total investment for the annual production of 11,000 embroidery machine frames is approximately 249.52 million yuan [8]. Dividend Distribution - The company has distributed dividends totaling 73.5 million yuan from 2022 to 2024, primarily benefiting the actual controllers of the company [9][10]. - The actual controllers, Wang Haijiang and Yao Xiaoyan, hold a combined 99.05% voting rights in the company, raising concerns about potential risks related to their control [10].

Group 1 - The core viewpoint of the article highlights a significant increase in IPO applications across major exchanges in China, with a total of 113 companies accepted for listing in the first half of the year, and a remarkable fourfold increase in June alone [2][3] - The majority of new IPO applications in June came from the North Exchange, with 54 companies, while the Shanghai and Shenzhen exchanges received 15 and 17 applications respectively [3][4] - The surge in IPO applications in June is attributed to two main factors: the expiration of financial report validity for IPO applications and policy-driven reforms enhancing the inclusivity of the Sci-Tech Innovation Board [2][5] Group 2 - The distribution of new IPO applications shows that 72 companies applied to the North Exchange, 12 to the Sci-Tech Innovation Board, and 13 to the Growth Enterprise Market, indicating a strong preference for the North Exchange among specialized and innovative small and medium enterprises [3][7] - The Sci-Tech Innovation Board has become more inclusive, welcoming unprofitable companies, with several semiconductor firms among the new applicants, reflecting a shift towards supporting technology-driven enterprises [5][6] - The North Exchange is characterized by a focus on high-end equipment manufacturing and new productivity sectors, with many applicants demonstrating strong profitability, particularly in the consumer sector [7][8]