Group 1 - The company has successfully exported its wind turbine main gearboxes indirectly to multiple overseas countries through wind turbine manufacturers, receiving positive feedback [2] - The company is currently in the process of developing direct overseas customers, with updates to be provided in future announcements [2]

Group 1: Quality and Innovation in Nanjing - Nanjing has become a significant player in the global wind turbine gearbox market, with one out of every three new gearboxes coming from the city [1] - The city has been recognized for ten consecutive years with the highest quality assessment rating in Jiangsu Province, emphasizing a development path that promotes innovation through quality [1] - The establishment of the "Zijin Mountain Triangular" technology transfer system accelerates the cultivation of new productive forces, integrating communication and sensing capabilities in 6G technology [2][3] Group 2: Robotics and Industrial Development - Nanjing is home to nearly 200 robotics-related companies, with Estun Robotics leading in industrial robot installations [3] - The city showcased over ten robotics companies at the 2025 World Robot Conference, highlighting its role as a hub for robotics innovation [3] - Nanjing has developed a comprehensive quality service model covering 15 high-tech parks and key industrial chains, contributing to the enhancement of core competitiveness in various sectors [3] Group 3: Low-Carbon Transformation - Traditional industries in Nanjing, such as steel and petrochemicals, are undergoing a green transformation, with significant investments in environmental projects [4][5] - Nanjing Steel has implemented a smart energy management platform, improving resource efficiency and integrating industrial production with ecological tourism [4][5] - China Petrochemical's photovoltaic project has transformed a former waste site into a solar power station, generating significant energy savings and emissions reductions [5] Group 4: Quality Improvement in Daily Life - Nanjing's quality improvements extend to consumer products, with companies like Weigang Dairy utilizing advanced technologies to enhance product safety and nutrition [6] - The city has established multiple quality-focused projects in urban construction, agriculture, and elder care, enhancing the quality of life for residents [6] - Initiatives such as the "Ning Rest Assured" consumption platform aim to create a safe and reliable consumer environment, reflecting the city's commitment to quality [6]

Core Insights - Delijia Transmission Technology officially listed on the Shanghai Stock Exchange on November 7, 2023, marking a significant milestone for the company [1] - The company specializes in the research, production, and sales of high-speed heavy-duty precision gear transmission products, primarily for wind power generation [1] - Delijia holds a global market share of 10.36% and ranks third worldwide, while its market share in China is 16.22%, placing it second nationally [1] Company Overview - Established in 2017, Delijia focuses on wind turbine gearboxes, with its core product being the main gearbox for wind power [1] - The IPO proceeds will primarily fund the production of 1,000 units of 8MW and above onshore wind power gearboxes and 800 units of large offshore wind power gearboxes in Shantou [1] - The projects aim to expand production capacity, enhance technological strength, and align with the trend of larger wind turbine capacities [1] Investment Context - Delijia's IPO represents the tenth company to go public under Yida Capital's investment portfolio by 2025, highlighting Yida's long-term commitment to the green industry [1][2] - Yida Capital emphasizes continuous investment in clean energy and environmental protection, building a "green investment network" through industry research and regional collaboration [2] - The successful listing of Delijia is seen as a testament to Yida Capital's strategy of combining industry research with regional depth [2]

Group 1 - Delijia is a high-tech enterprise specializing in the research, production, and sales of gear transmission products, with its core product being the wind turbine main gearbox, which is a critical component of wind power generation [2] - Since its establishment in 2017, Delijia has focused on the wind power transmission equipment sector and has become one of the top three global manufacturers of wind power gearboxes [2] - The company has strong technological research and development capabilities and advanced production equipment, positioning itself as a pioneer in the green clean energy field [2] Group 2 - Zhonglun Law Firm serves as the issuer's lawyer for Delijia's listing project on the Shanghai Stock Exchange, providing comprehensive legal services recognized by clients and various parties [3] - The project was managed by consultant lawyer Yang Liang, with significant contributions from lawyers Su Changqing and Yin Jiawen, and partner Chen Yiwen [3]

Core Viewpoint - Delijia Transmission Technology (Jiangsu) Co., Ltd. has successfully listed on the Shanghai Stock Exchange, with a closing price of 70.52 yuan, reflecting a significant increase of 51.07% on its first trading day [1]. Company Overview - Delijia primarily engages in the research, production, and sales of high-speed heavy-duty precision gear transmission products, with a focus on wind power generation applications, particularly wind turbine main gearboxes [2]. - The company has a major shareholder, Nanjing Chenrui Management Consulting Co., Ltd., which holds 30.53% of the shares, while the actual controllers, Liu Jianguo and Kong Jinfeng, collectively control 41.98% of the company [2]. Financial Performance - In the first half of 2025, Delijia reported operating revenue of 248,485.55 million yuan and a net profit attributable to shareholders of 39,371.50 million yuan [6]. - The company’s financial performance from 2022 to the first half of 2025 shows fluctuations in revenue and net profit, with a notable increase in revenue in 2025 compared to previous years [6][10]. - For the first nine months of 2025, the company achieved operating revenue of 405,948.14 million yuan, a year-on-year increase of 66.37%, and a net profit of 62,985.21 million yuan, up 64.96% [10]. Fundraising and Use of Proceeds - Delijia raised a total of 186,720.47 million yuan from its public offering, with a net amount of 177,425.74 million yuan after deducting issuance costs [4]. - The funds will be allocated to projects including the production of large onshore and offshore wind power gearboxes [4]. Shareholder Returns - In 2022, the company distributed a total cash dividend of 310 million yuan to its shareholders [11].

Market Overview - The A-share market experienced an overall decline on November 7, with major indices showing varying degrees of decrease. The Shanghai Composite Index fell by 0.16% but maintained above the 4000-point mark [2][3] - The Hong Kong stock market also saw a decline, with the Hang Seng Index dropping over 1% and the Hang Seng Tech Index falling more than 2% [12][13] A-share Market Highlights - The basic chemical sector emerged as a significant highlight in the A-share market, with the sector's index rising over 2%. Multiple stocks within this sector hit the daily limit up [2][3] - Notable stocks in the basic chemical sector included Dongyue Silicon Material, Zhuoyue New Energy, and Haineng Technology, all reaching the 20% limit up. Kaisheng New Materials rose by 11.41% [3][4] New Stock Listings - Two new stocks, Zhongcheng Consulting and Delijia, debuted on the A-share market, both experiencing significant gains. Zhongcheng Consulting saw a peak increase of over 200% during trading [6][10] - Delijia, which specializes in high-load precision gear transmission products primarily for wind power applications, also recorded a peak increase of over 100% [10][11] Hong Kong Market Highlights - In the Hong Kong market, stocks such as Kuaishou-W, New Oriental-S, and Pop Mart saw significant declines, while Xinyi Solar and Hang Lung Properties led the gains [12][13] - Sanhe Construction Group experienced a dramatic rise, with its stock price increasing by over 120% during trading, attributed to a positive profit forecast indicating a projected profit of at least HKD 40 million for the upcoming six months, a substantial increase from HKD 3 million in the same period last year [13][14]

Core Viewpoint - Delijia Transmission Technology (Jiangsu) Co., Ltd. successfully listed on the Shanghai Stock Exchange on November 7, marking the fourth company from Wuxi to go public this year, contributing to the expansion of the Wuxi capital market [1][11] Company Overview - Delijia was established in 2017 and is located in Wuxi Xishan District, focusing on the research, production, and sales of gear transmission products, particularly wind turbine gearboxes, which are critical components of wind power generation [7] - The company has obtained a total of 63 authorized patents, including 24 invention patents, establishing a significant production and sales scale and leading the market in wind turbine gearbox technology [9] IPO Details - The company publicly issued 40 million shares at a price of 46.68 yuan per share, raising approximately 1.867 billion yuan [3][5] - The raised funds will be used for projects including the annual production of 1,000 units of large onshore wind turbine gearboxes and 800 units of large offshore wind turbine gearboxes, aligning with the trend of large-scale and high-end development in the wind power industry [5] Market Context - Wuxi has seen a surge in IPO enthusiasm, with 25 companies currently in the pipeline for listing, including 11 in domestic exchanges and 14 in overseas markets, indicating a strong growth potential for the Wuxi capital market [10][13] - The local government has implemented various measures to support companies in their listing efforts, enhancing the competitiveness and growth potential of the "Wuxi sector" [11][13]

Group 1 - The A-share market experienced a decline overall, with the basic chemical sector emerging as a significant highlight, witnessing a surge in stock prices [1][2] - The Shanghai Composite Index closed at 4001.24, down 0.16%, while the Shenzhen Component Index and the ChiNext Index also fell by 0.16% and 0.37% respectively [2][3] - The basic chemical sector led the market with a rise of over 2%, with multiple stocks hitting the daily limit up, including Dongyue Silicon Material and Zhuoyue New Energy, both achieving a 20% increase [3][4] Group 2 - In the Hong Kong market, the Hang Seng Index fell over 1%, with notable declines in stocks like Kuaishou-W and New Oriental-S, while Xinyi Solar and Henderson Land led the gains [10] - Sanhe Construction Group saw a dramatic increase, with its stock price rising over 120% after announcing a positive profit forecast, expecting a profit of at least HKD 40 million for the upcoming six months [10][12] - Two new stocks, Zhongcheng Consulting and Delijia, debuted in the A-share market, both experiencing significant price increases, with Zhongcheng Consulting rising over 200% [6][9]

Core Viewpoint - The basic chemical sector in the A-share market experienced a significant surge, with many stocks hitting the daily limit up, despite the overall market decline [2][3][4]. Group 1: A-share Market Performance - On November 7, the A-share market saw a general decline, with major indices dropping slightly. The Shanghai Composite Index fell by 0.16% but maintained above the 4000-point mark [4][5]. - The basic chemical sector led the market with a rise of over 2%, with multiple stocks reaching their daily limit up [5][6]. Group 2: Key Stocks in Basic Chemical Sector - Notable stocks in the basic chemical sector included: - Dongyue Silicon Materials (涨幅 20.04%) [6] - Zhuoyue New Energy (涨幅 20.01%) [6] - Chaoxing New Energy (涨幅 19.95%) [6] - Kaisheng New Materials (涨幅 11.41%) [6] - Other stocks like Chengxing Co., Chlor-alkali Chemical, and Zhongyida also saw significant gains, with over 10 stocks hitting the daily limit up [5][6]. Group 3: New Stock Listings - Two new stocks, Zhongcheng Consulting and Delijia, were listed today, both experiencing substantial gains, with Zhongcheng Consulting rising over 200% at one point [9][13]. - Zhongcheng Consulting specializes in engineering cost, bidding agency, and management services, holding 20 patents and various certifications [11]. - Delijia, focused on high-load precision gear transmission products for wind power applications, also saw a rise exceeding 100% [14]. Group 4: Hong Kong Market Overview - The Hong Kong market also faced a downturn, with the Hang Seng Index dropping over 1% and the Hang Seng Tech Index falling more than 2% [15]. - Notable fluctuations included Sanhe Construction Group, which surged over 120% after announcing a positive profit forecast for the upcoming period [16][18].

Group 1 - Delijia (603092) Transmission Technology Co., Ltd. was listed on the Shanghai Stock Exchange on November 7, becoming the fourth listed company in Wuxi this year, bringing the total number of A-share listed companies in Wuxi to 126, ranking 7th nationwide and 2nd in the province [1] - The company issued 40 million shares at a price of 46.68 yuan per share, raising 1.8607 billion yuan, which will be invested in projects for producing large onshore and offshore wind turbine gearboxes [1] - Founded in 2017, Delijia specializes in the R&D, production, and sales of gear transmission products, with its core product being the wind turbine main gearbox, a critical component of wind power generation [1] Group 2 - Delijia's chairman, Liu Jianguo, emphasized the company's commitment to innovation in wind power transmission technology and its role in contributing to national energy security and manufacturing strength [2] - Wuxi has been actively promoting capital market engagement and high-quality enterprise development, with 25 companies currently in the pipeline for listing, including 11 domestically and 14 internationally [2] - The listing of Delijia reflects Wuxi's robust support for enterprises through policy optimization, financing support, and streamlined processes, enhancing the competitiveness and growth potential of the "Wuxi sector" [2]