China Listed Companies Network/Article
A quick overview of the IPO dynamics from October 7 to 11:
1. Newly listed companies
From October 7 to 11, two companies were listed, namely Anhui Qiangbang New Materials Co., Ltd. and Tongling Nonferrous Metals Group Tongguan Mine Construction Co., Ltd.
Anhui Qiangbang New Materials Co., Ltd. (stock abbreviation: Qiangbang New Materials; Stock code: 001279) is a high-tech enterprise dedicated to the research and development, production and sales of new photosensitive materials. The main products include UV-CTP plates, thermal CTP plates, green treatment-free CTP plates and flexographic printing plates. After years of development and independent innovation, the company's products not only cover traditional offset printing plates, but also independently develop high-tech, green and environmentally friendly treatment-free CTP plates and flexo plates, realizing a relatively complete printing material product system that can meet the needs of the printing industry. The company has established a perfect sales network in various provinces and cities across the country, and has established sales and service systems in Europe, Korea, Southeast Asia and South America and other countries. The products basically cover all continents and most countries in the world.
At the close of trading on the day of issuance, Qiangbang New Materials closed at 178.01 yuan per share, an increase of 1738.95%, with a market value of 28.480 billion and a circulating market value of 6.552 billion.
Tongling Nonferrous Metals Group Tongguan Mine Construction Co., Ltd. (stock abbreviation: Tongguan Mine Construction; Stock Code: 920019) is a national high-tech enterprise focusing on providing integrated development services and related value-added services such as engineering construction, operation management, optimization design, technology research and development to global non-coal mines, and is committed to becoming the world's leading provider of smart mine system solutions.
At the close of trading on the day of issuance, Tongguan Mine Construction closed at 36.00 yuan per share, an increase of 731.41%, with a market value of 7.296 billion and a circulating market value of 1.550 billion.
Second, the new counseling and filing of enterprises
According to statistics, from October 7th to 11th, there were 2 new counseling and filing enterprises, namely Shenzhen Kejinming Electronics Co., Ltd. and Jiangsu Xinhua Semiconductor Technology Co., Ltd.
Shenzhen Kejinming Electronics Co., Ltd. is mainly engaged in the design, development, manufacturing and sales of intelligent audio-visual products. Based on precision optical development technology, complete machine development technology, intelligent manufacturing technology and product quality management system, the company has created a product series based on smart projectors, portable DVD players and smart cloud photo frames, and is committed to providing high-quality intelligent audio-visual products to the global market. During the reporting period, a number of the company's products were selected as the best-selling products (Best Seller), Amazon's Choice (Amazon's Choice) and New Releases logo (No. 1 in the new product list) on the Amazon platform.
Jiangsu Xinhua Semiconductor Technology Co., Ltd. is a semiconductor material service provider. Founded in 2015 by GCL Group and the National Integrated Circuit Industry Investment Fund, the company actively promotes the research and development of electronic grade polysilicon process technology, and has now become the largest innovative enterprise in the production of electronic grade polysilicon for the semiconductor industry in China.
3. The meeting of the China Securities Regulatory Commission
According to statistics, from October 7th to 11th, only one company, Shengye Electric Co., Ltd., accepted the audit of the meeting and successfully passed the entire audit process.
Shengye Electric Co., Ltd. is a professional film capacitor company, providing motor capacitors, power electronic capacitors and power capacitors and other products for world-renowned equipment companies. As a national high-tech enterprise and a specialized and special new enterprise in Guangdong Province, as of June 30, 2024, the company and its subsidiaries have a total of 74 domestic patents and 4 international patents.
The main questions raised by the review meeting include the sustainability of revenue growth, the company's main product composition in the field of new energy, the main customers involved, the pricing mechanism, price changes during the reporting period, credit policies, etc., combined with the latest operating performance and change trend of major customers in the new energy industry, the sales stability of old customers and the expansion of new customers, the advantages and disadvantages of issuer competition, etc.
Fourth, the registration of the China Securities Regulatory Commission
According to statistics, from October 7th to 11th, the China Securities Regulatory Commission disclosed the situation of one enterprise that obtained the registration approval, which was Baotou Instar Rare Magnetic New Materials Co., Ltd.
Inst is a high-tech enterprise mainly engaged in the research and development, production and sales of rare earth permanent magnet material application devices, adhering to the design concept of "less material to achieve better magnetic performance", the company is committed to providing downstream customers with comprehensive magnetic circuit technology solutions. Since its establishment, the company has insisted on deep cultivation in the field of consumer electronics applications, and has become one of the main suppliers of rare earth permanent magnet material application devices for many internationally renowned consumer electronics brands such as Apple, Microsoft, Xiaomi, Huawei, Lenovo, reMarkable, Logitech, etc., with a rich product line and good product quality.