Summary of Key Points Core Viewpoint The North Exchange has seen significant trading activity and new listings, with a total of 268 companies listed and a notable increase in trading volume and value over the past week. The market is also witnessing a steady flow of new IPO applications and approvals, indicating a robust interest in capital raising among companies. Trading Activity - As of June 29, 2025, the North Exchange has 268 listed companies with a total share capital of 37.641 billion shares and a circulating share capital of 23.997 billion shares [2] - For the week of June 23-29, 2025, the trading volume was 7.294 billion shares, an increase of 13.32% from the previous week, while the trading value reached 170.534 billion yuan, up 18.22% [3] Market Index Performance - The North Exchange 50 Index fell by 6.84% to 1439.63 points during the same week, with 48 stocks rising, 0 remaining flat, and 2 declining [3] - Notable stock performances included Tianma New Materials (838971) with an increase of 83.92% and Changhong Energy (833171) rising by 23.14% [3] New Listings and IPOs - One company was listed, and one company passed the listing committee meeting during the week of June 23-29, 2025. Additionally, 48 companies had their listing applications accepted [6][11][15] - Guangxin Technology (920037) successfully listed on June 28, 2025, becoming the 268th company on the North Exchange, with a first-day closing price of 60.00 yuan, reflecting a 500% increase [8][10] Financial Performance of New Listings - Guangxin Technology reported revenues of 3.04 billion yuan, 4.20 billion yuan, and 5.78 billion yuan for 2022, 2023, and 2024, respectively, with net profits of 14.72 million yuan, 49.44 million yuan, and 116 million yuan [10] - The company expects to achieve revenue of 3.60 billion to 3.90 billion yuan in the first half of 2025, representing a year-on-year growth of 38.63% to 50.19% [10] Upcoming IPOs - Companies such as Tian Kang Pharmaceutical (874339) and Guangtai Vacuum (874200) have had their IPO applications accepted, with Tian Kang planning to raise 5.27 billion yuan for vaccine development and production expansion [21][24] - Other companies like Oulun Electric (874628) and North Laboratory (874611) are also in the pipeline for listing, with significant funding plans for their respective projects [29][33] Industry Trends - The North Exchange is experiencing a growing interest in various sectors, including high-performance materials, pharmaceuticals, and smart manufacturing, as evidenced by the diverse range of companies applying for listings [6][15][21][24]

Core Points - Guangxin Technology (920037) experienced a significant increase of 500.00% on its first trading day, with a turnover rate of 75.11% and a transaction volume of 1.274 billion yuan [2] - The stock's first-day margin trading saw a buy amount of 10.1522 million yuan, accounting for 0.80% of the total trading volume, while the latest margin balance stood at 9.0176 million yuan, representing 0.51% of the circulating market value [2] - The company focuses on the research, production, and sales of high-performance insulating fiber materials and their molded products, which are primarily used in power transmission and transformation systems, electrified railways, new energy industries, and military equipment [2] Recent IPO Margin Trading Summary - The first-day performance of recent IPOs shows varying degrees of price increases, with Guangxin Technology leading at 500.00%, followed by Xin Henghui (301678) at 229.06% and Huazhi (603400) at 170.98% [2][3] - The margin balances for these stocks on their first trading days also vary, with Guangxin Technology's margin balance at 9.0176 million yuan, while other notable stocks like Ying Shi Innovation (688775) had a margin balance of 47.63958 million yuan [2][3]

Company Overview - N Guangxin (920037) was listed on the Beijing Stock Exchange today, opening at 50.00 yuan, representing a 400.00% increase from the issue price [2] - The company focuses on the research, production, and sales of high-performance insulating fiber materials and their molded products, primarily used in power transmission and transformation systems, electrified railways, new energy industries, and military equipment [2] IPO Details - The company issued 20 million shares at an issue price of 10.00 yuan, with an earnings per share (EPS) ratio of 7.61 times [2] - The online issuance was 16 million shares, which was increased to 19 million shares due to an oversubscription mechanism, with 3 million shares allocated to online investors, accounting for 15.00% of the initial issuance [2] - The total effective subscription for the online issuance was approximately 55,254,937.78 million shares, resulting in a subscription multiple of 2908.15 times and an allocation ratio of 0.03% [2] Financial Performance - The company's projected net profits for 2022, 2023, and 2024 are 14.72 million yuan, 49.44 million yuan, and 116 million yuan, respectively [3]

广信科技明日开启申购，发行代码为920037，本次发行价格10.00元 ，发行市盈率为7.61倍，单一账户 申购上限为95.00万股。公司本次初始发行数量2000.00万股，其中，网上发行量为1600.00万股，发行后 总股本为8846.29万股，根据超额配售选择权机制，东兴证券股份有限公司获授权向网上投资者超额配 售300.00万股，占初始发行股份数量的15.00%，同时网上发行数量扩大至1900.00万股。本次发行战略 配售股份合计400.00万股，占初始发行规模的20.00%。 | 财务指标/时间 | 2024年 | 2023年 | 2022年 | | --- | --- | --- | --- | | 总资产（万元） | 59416.25 | 49434.12 | 48382.77 | | 净资产（万元） | 51342.31 | 39725.13 | 34784.69 | | 营业收入（万元） | 57754.18 | 42007.14 | 30428.93 | | 归属母公司股东的净利润（万元） | 11617.18 | 4940.44 | 1472.36 | | 扣除非经常损益后归属母公司所有者 ...

证券时报·数据宝统计显示，4月23日，北交所上市委员会2025年第5次审议会议结果公告显示，湖南广 信科技股份有限公司(简称广信科技)首发申请获上市委会议通过，公司拟在北交所上市。 公司专注于高性能绝缘纤维材料及其成型制品的研发、生产和销售，产品主要应用于输变电系统、电气 化铁路及轨道交通牵引变压系统、新能源产业以及军工装备等领域。募集资金拟投资于电气绝缘新材料 扩建项目、研发中心建设项目、补充流动资金。本次发行保荐机构为东兴证券股份有限公司。 公司主要财务指标 | 财务指标/时间 | 2024年 | 2023年 | 2022年 | | --- | --- | --- | --- | | 营业收入（万元） | 57754.18 | 42007.14 | 30428.93 | | 归属母公司股东的净利润（万元） | 11617.18 | 4940.44 | 1472.36 | | 扣除非经常损益后归属母公司所有者净利润（万元） | 11662.55 | 4520.55 | 1039.99 | | 基本每股收益（元） | 1.7000 | 0.7200 | 0.2200 | | 稀释每股收益（元） | 1.700 ...