Core Viewpoint - Nantong Technology (920124) successfully completed its IPO on the Beijing Stock Exchange, attracting significant investor interest with a subscription multiple of 2993.66 times and a total subscription amount of 100.183 billion shares, leading to approximately 867.582 billion yuan in frozen funds [1] Group 1: IPO Details - A total of 637,000 investors participated in the IPO, with an effective subscription amount of 1001.83 billion shares and a subscription ratio of 0.033% [1] - The strategic placement segment involved three investors, including Guangzheng Asset Management, Guangda Fuzun Investment Co., and Guangzhou Industrial Control Emerging Industry Investment Fund, with a total allocation of 371.83 million shares, representing 10% of the total issuance [2][3] Group 2: Company Overview - Nantong Technology specializes in the R&D, production, and sales of precision mechanical components, focusing on high-performance products applicable in air conditioning and automotive sectors [3] - The company has established stable partnerships with four of the top five air conditioning compressor manufacturers, including Midea Group, Gree Electric Appliances, Haili Co., and Panasonic, earning various supplier awards [4] Group 3: Financial Performance - Projected revenues for Nantong Technology from 2022 to 2024 are 834 million yuan, 938 million yuan, and 1.031 billion yuan, respectively, with net profits of 46.64 million yuan, 84.18 million yuan, and 98.22 million yuan [4]