Yuelong Technology IPO Application Tomorrow & Next Week BXSE New Stock Situation

(Source: A Wug Ye Knows Deep Autumn)

Tomorrow, Yue Long Technology will be applying for subscription, with an issue price of 14.04 yuan per share, and 19.7939 million shares available online. After issuance, the P/E ratio will be 14.99 times, with a maximum of about 13.89 million yuan. Currently, there are no tradable old shares.

The company mainly engages in the research, production, and sales of flexible fluid transfer pipes, including three major series: marine engineering flexible pipes, land oil and gas flexible pipes, and industrial soft hoses.

Estimated subscription funds for Yue Long Technology are around 88-91 billion yuan (based on previous cases, not exact). Buying 100 shares of the main stock costs approximately 4.45-4.65 million yuan, plus a safety margin of about 5 million yuan, which should be sufficient. The maximum limit of 3+1 is 916.8 billion yuan, but it’s better to take fragments, aiming for 2+1, with a configuration of 9.5-10 million yuan. It’s also advisable to add a safety margin. 1+1 is probably difficult; even if possible, it should be above 8 million yuan, which is not cost-effective.

My prediction is to provide everyone with a reference fund line, considering adjustments as needed. This subscription should aim for 2+1. Finally, pay attention to these fund lines:

• 4.5-5 million: 0+1, aiming for 100 shares, the more safety margin, the higher the probability
• 8-9.5 million: 1+1, aiming for 200 shares, less than 30% chance
• 9-9.5 million: 0+2, aiming for 200 shares, the more safety margin, the higher the probability
• 9.5-10.5 million: 2+1, aiming for 300 shares, the more safety margin, the higher the probability
• 13.5 million and above (max limit): 3+1, aiming for 400 shares, the more safety margin, the higher the probability

Beijing Stock Exchange new stock weekend news: According to the official website of the China Securities Regulatory Commission, Haichang Intelligent and Hongshida have successfully registered and can be issued at any time. Besides Yue Long Technology applying on Monday, there are 11 other companies with successful registration, maintaining double digits, with continuous weekly issuance. Among these, five new stocks I have previously analyzed; others include Hengdao Technology, Ruiling Jinda, Saiying Electronics, Chuangda New Materials, Haichang Intelligent, and Hongshida.

Additionally, Ruixiang Intelligent has submitted registration; Xinsheng Technology, Kelaire Di, and Zhengda Seed Industry have passed the listing committee meeting, with sufficient backup. Anda Shares and Jieli Technology will also be listed on March 20.

Main board new stocks: After the New Year, finally some new stocks are available for subscription on Monday (March 16), including Chuangye Board new stock Hongming Electronics and STAR Market new stock Shiya Technology.

Hongming Electronics is a leading domestic electronic component company mainly engaged in the research, production, and sales of new electronic components focusing on resistors and capacitors, committed to providing high-performance, high-reliability electronic components. The issue price is 69.66 yuan per share, with a P/E ratio of 33.61 times, compared to an industry average of 65.16 times. The online subscription limit is 8,500 shares; maximum subscription requires a market value of 85,000 yuan in Shenzhen.

Shiya Technology is a leading domestic silicon-based OLED micro-display manufacturer. The company’s core product is silicon-based OLED micro-displays, providing value-added services including strategic product development, optical systems, and XR integrated solutions. The issue price is 22.68 yuan per share, with an online subscription limit of 14,000 shares, and a maximum subscription requiring a market value of 140,000 yuan in Shanghai.

Beijing Stock Exchange new stock situation:

1. New stock listings: Zuxing New Materials (TBD), Xin Hengtai (TBD)

2. Subscription: Yue Long Technology on 03-16

3. Successful registration: Hongshida, Haichang Intelligent, Hengdao Technology, Ruiling Jinda, Xintianli, Zhongke Yi, Saiying Electronics, Chuangda New Materials, Chenguang Electric, Puang Medical, Longyuan Shares

4. Submitted registration: Zhenhong Shares, Ruixiang Intelligent, Longxin Intelligent, Jiachun Intelligent, Peicheng Technology, Mifu Technology, Toputai, Meiya Technology, Jingqiang Technology, Qilong Marine, Weite Environment

5. Approved by listing committee: Xinsheng Technology, Kelaire Di, Zhengda Seed Industry, Langxin Electric, Caike Technology, Deshuo Technology, Qiaolu Ming, Longchen Technology, Huahui Intelligent, Xinfu Technology, Bairui Ji, Bangze Chuangke, Ying’s Holdings, Yuanli Digital, Jintai Shares, Yatu High-tech

6. Upcoming meetings: Oulun Electric on 03-17, Southern Dairy on 03-18, Anda Shares and Jieli Technology on 03-20

REIT situation:

• REITs listed: None
• New REIT subscriptions: None
• New REIT approvals: None

Main board new stock situation:

1. New stock listings: None

2. New stock subscriptions: Hongming Electronics (STAR Market) on 03-16, Shiya Technology (STAR Market) on 03-16, Shenglong Shares (Shenzhen Main Board) on 03-20, Huigu New Materials (创业板) on 03-20, Taijin New Energy (STAR Market) on 03-20

Convertible bond situation:

1. New bonds listed: None