12月30日晚间，北京证券交易所（简称"北交所"）上市委员会（简称"上市委"）今年第51次审议会议， 也是最后一场发审会结果出炉，深圳市沛城电子科技股份有限公司（简称"沛城科技"）符合发行条件、 上市条件和信息披露要求。 北交所此前已经对沛城科技进行了两轮审核问询，涉及问题主要包括行业趋势及市场空间、业绩增长持 续性及客户合作稳定性、募集资金规模合理性及项目可行性，以及募集资金规模合理性。 上市委审议会议现场向沛城科技提出问询的主要问题涉及经营业绩真实性，经营业绩可持续性和信息披 露准确性。 此外，上市委审议会议对沛城科技出具了审议意见，要求沛城科技说明报告期内销售金额变动较大的客 户主要合同的签署执行情况，销售回款是否存在异常，收入是否真实准确；还要求说明部分供应商、客 户回函金额差异较大的原因及合理性，并说明招股说明书中元器件应用方案业务披露是否准确、简明易 懂。 营收持续下滑，募资用于补充流动资金的合理性存疑 此外，沛城科技在近年进行了大额现金分红，2022年沛城科技现金分红金额达6550万元，2023年沛城科 技再次分红1200万元，两年合计分红总额高达7750万元。 北交所IPO审核年末再提速，重点 ...

另外， 截至目前本周（ 12 月 29 日到 31 日）将有 3 家 IPO 首发上会，为拟闯关深证主 板的 维通利 ，北交所 IPO 的沛城科技、广泰真空。 本周为 2025 年最后一个交易周， 据目前安排，若无变化本周（ 12 月 29 日到 31 日） 没有 安排新股申购。 12月30日深证主板IPO上会的维通利主营业务为硬连接、柔性连接、触头组件、叠层母排和 CCS等系列化电连接产品以及同步分解器等产品的研发、生产和销售。公司致力于为全球各 领域客户提供高性能电连接产品及贴合其个性化需求的产品组合方案，使电连接更加安全、 可靠、绿色、智能。 维通利重点服务电连接产品中高端客户，产品获得了各应用领域主流客户的广泛认可。电力 电工领域，产品供应西门子、施耐德、ABB、日立能源、GE等；新能源汽车领域，产品供应 比亚迪、斯特兰蒂斯、零跑汽车、中创新航、欣旺达、蜂巢能源、孚能科技等；风光储领 域，产品供应金风科技、台达电子、明阳智能、维谛技术、易事特、索英电气、海辰储能 等；轨道交通领域，产品供应中国中车、西屋制动、阿尔斯通等。 本次IPO，维通利拟募资15.94亿元，用于电连接株洲基地(一期)建设项目、无锡 ...

据交易所官网审核动态信息，下周（12月29日-12月31日）IPO上会审核3家企业，合计拟募资22.62亿 元。 | | | | | | | 下周(12.29-12.31) IPO上会企业 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 下令日期 | 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 | 拟募资规模 (万元) | 最近一年净利润 (万元) | 保存机构 | 会计师事务所 | 律师事务所 | | 2025-12-29 | 1 | 北交所 | 广泰真空 | 辽宁 | 189 | 通用设备制造业 | 16,815.18 | 6,894.41 | 中信证券 | 容说 | 大成 | | | | 深主板 | 描漫利 | 北京 | 192 | 电气机械和器材制造业 | 159,374,06 | 27,102.66 | 中泰证券 | 天健 | 锦天城 | | 2025-12-30 | 2 | | | | | 11 | | | | | | | | | ...

IPO Review and Registration Progress - Four new IPO applications were accepted last week, with the first IPO on the Shanghai main board this year being Longyu Group, which aims to raise 700 million yuan [2][3] - Longyu Group's main business involves zirconium products, special nylon products, and fine chemical products, with over 70% of revenue coming from zirconium products, although its gross margin is declining [2][3] - The company reported revenues of 1.669 billion yuan in 2022, 1.607 billion yuan in 2023, and 1.637 billion yuan in 2024, with net profits of 257 million yuan, 188 million yuan, and 205 million yuan respectively [3] - Shenglong Co., a large molybdenum company, plans to raise 1.53 billion yuan and reported a revenue of 2.864 billion yuan in 2024, a 46.3% increase year-on-year [3] - Two new IPOs were accepted on the Beijing Stock Exchange: Peicheng Technology and Kanghua Co., with Peicheng's revenue declining by 4.02% in 2024 [3][4] Upcoming IPOs - Three companies, Zhigao Machinery, Shichang Co., and Hai'an Rubber, are scheduled for IPO meetings this week, with Hai'an Rubber aiming to raise 2.952 billion yuan [5][6] - Hai'an Rubber's revenue growth has significantly slowed, with a revenue increase of only 2.19% in 2024 compared to previous years [6] - Zhigao Machinery plans to raise 395 million yuan, while Shichang Co. aims for 171 million yuan [7] New Stock Subscription and Listing Dynamics - Three new stocks are scheduled for subscription this week, with a total expected fundraising of 1.332 billion yuan [10] - Youyou Green Energy plans to issue shares at 89.6 yuan each, aiming to raise approximately 941 million yuan, exceeding its original target by 34% [10] - The company reported a revenue of 1.497 billion yuan in 2024, an 8.85% increase, but a net profit decline of 4.6% [10] - Jiao Da Tie Fa aims to raise 168 million yuan, while Ying Shi Innovation plans to raise 464 million yuan for their respective projects [11] Policy and Regulatory Developments - The China Securities Association updated the list of D-class sponsor representatives, adding eight new names from various securities firms [13] - The Ministry of Finance announced administrative penalties against several securities evaluation institutions and asset appraisers following quality checks [14] - The Shenzhen Stock Exchange is focusing on supporting the computing chip industry through reforms and enhancing the service system from "IP" to "IPO" [15]