As we enter late March, temperatures are rising, exceeding 20 degrees. The enthusiasm for new stock subscriptions continues to soar, with high returns constantly emerging.
According to statistics from Eastmoney, among the four new stocks listed in the past week, one had an exceptionally large profit, with a single subscription earning 51,130 yuan. Another stock, Jiangnan New Materials, saw an astonishing increase of 605.10%, with a single subscription also yielding a profit of 31,890 yuan.
In the coming week, investors can &#34;take one and rest one,&#34; as three new stocks will open for subscription on Monday, Wednesday, and Friday respectively.
This is undoubtedly a week that new stock investors cannot afford to miss since the beginning of the year.
<h2>Emerging the Year’s Most Profitable Subscription</h2>
On March 18, Hongjing Optoelectronics was listed on the ChiNext board with an issue price of 41.90 yuan per share. The final closing price was 160.07 yuan per share, an increase of 244.05%, resulting in a profit of 51,130 yuan for a single subscription.
The last time a single subscription profit exceeded 50,000 yuan was back in early November last year, with Yilian Technology, also listed on the ChiNext board, where a single subscription could earn over 70,000 yuan.
However, in terms of subscription rate, Hongjing Optoelectronics had only 0.016448%. It seems that for most people, getting a piece of this profit is not easy.
Hongjing Optoelectronics mainly engages in the research, design, production, and sales of optical lenses and camera module products and is recognized as a national-level specialized and innovative &#34;little giant&#34; enterprise.
The prospectus shows that in 2023, the company’s market share in the global panoramic camera lens module market exceeded 25%, with its products entering well-known domestic and international brands such as Daimler-Benz, Nissan, BYD, Anker, Insta 360, 70mai, and Xiaomi.
From 2021 to 2024, the operating income is approximately 252 million yuan, 446 million yuan, 773 million yuan, and 1.092 billion yuan, with year-on-year growth of approximately 76.98%, 73.32%, and 41.25%; net profits are approximately 15.26 million yuan, 56.45 million yuan, 116 million yuan, and 165 million yuan, with year-on-year growth of approximately 269.92%, 106.25%, and 41.90%.
<h2>Another New Stock Surges Over 700%</h2>
Jiangnan New Materials, which was listed on the Shanghai Stock Exchange on March 20, also performed well, with the new stock market last week being a wave after wave.
On its first day of listing, the company opened high at 526.19%. Calculating at the highest intraday price of 85.58 yuan per share, the increase reached 711.95%, with a single subscription profit as high as 37,500 yuan. By the close, it rose 606.83%, closing at 74.50 yuan per share.
The subscription rate for Jiangnan New Materials was 0.026638%. Although it is not particularly high, it is still much easier compared to Hongjing Optoelectronics.
Jiangnan New Materials is a national-level specialized and innovative &#34;little giant&#34; enterprise in the field of electronic circuit copper-based new materials, ranking first in the copper-based special materials list of the 23rd (2023) major enterprises in the Chinese electronic circuit industry.
The remaining two new stocks also yielded good returns, but in comparison, their brilliance seems a bit dim
Another national-level specialized and innovative &#34;little giant&#34; enterprise in the field of paper and plastic dining utensils has an issue price of 20.68 yuan/share, with a closing price of 71.48 yuan/share on the first day, allowing a profit of 17,370 yuan per lot, and a winning rate of 0.018171%.
Lastly, N XinYa, engaged in the research, production, and sales of wires and cables, has an issue price of 7.40 yuan/share, with a closing price of 29.91 yuan/share on the first day, a rise of 304.19%, and a winning rate of 0.02795%.
As mentioned earlier, in the coming week, there will be three days when the market will have online subscriptions for new stocks.
On March 24 (Monday), Shouhang New Energy will open for subscription, planning to list on the ChiNext. China Ruilin and Taihong Wanli will open for subscription on the Shanghai Stock Exchange on March 26 (Wednesday) and March 28 (Friday), respectively.
<h2>Performance Plummets, Yet Expanding Against the Trend?</h2>
Shouhang New Energy, which opens for subscription on March 24 (Monday), is a &#34;little giant&#34; company in the photovoltaic industry. Its main business involves the research, production, sales, and service of new energy power equipment.
The prospectus shows that in 2023, the company ranked tenth in global photovoltaic inverter market shipments.
However, the company's initial fundraising plan was 3.512 billion yuan, but now it is only 1.211 billion yuan, indicating that it is facing some challenges.
The company predicts that its operating revenue for 2024 will be approximately 2.713 billion yuan, a year-on-year decrease of 27.53%, and a drop of about 40% compared to the peak of approximately 4.457 billion yuan in 2022. The net profit attributable to the parent company for 2024 is expected to be 255 million yuan, a year-on-year decrease of 25.25%, and a drop of about 70% compared to 849 million yuan in 2022.
The underlying reason may be a significant reliance on the European market, with the company's overseas sales revenue consistently accounting for around 80%. Since the second half of 2023, electricity prices in major European countries have declined, leading to a slowdown in demand for residential and industrial energy storage.
Additionally, the prospectus indicates that the funds raised this time will mainly be directed towards the &#34;Shouhang Energy Storage System Construction Project&#34; and &#34;New Energy Product R&amp;D and Manufacturing Project,&#34; among others. Data shows that the company's existing capacity utilization rate is not saturated, raising concerns about the rationality of such fund allocation.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a2deef0f-6d5f-423a-aafa-7878dffdbaa3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a2deef0f-6d5f-423a-aafa-7878dffdbaa3.png"/>
<h2>Engineering Companies Not Short of Funds</h2>
Another new stock, China Ruilin, comes from the engineering technology field, primarily providing engineering technology services including engineering design consulting, general contracting, and equipment integration for domestic and foreign clients in the non-ferrous metal mining, selection, smelting, and processing industry chain.
The company's domestic clients include China Nonferrous Metal Mining, State Power Investment Corporation, China Baowu Steel Group, and other central enterprises, state-owned enterprises, and large corporate groups. Foreign clients include Glencore, BHP, Rio Tinto, and other large international mining groups
In the past few years, this traditional industry company has experienced slight fluctuations in operating revenue and net profit, with no obvious growth trend.
From 2021 to 2024, China Ruilin's operating revenue was approximately 2.005 billion yuan, 2.617 billion yuan, 2.866 billion yuan, and 2.474 billion yuan, with year-on-year growth rates of 30.52%, 9.51%, and -13.68%; achieving net profits of 157 million yuan, 150 million yuan, 150 million yuan, and 155 million yuan.
It is worth noting that China Ruilin does not seem to lack funds, yet it still seeks to raise capital through an IPO.
From 2021 to 2023 and the first half of 2024, the company's cash and cash equivalents were 1.235 billion yuan, 1.433 billion yuan, 1.588 billion yuan, and 1.164 billion yuan, with over 90% being bank deposits, which is more than twice the amount needed for this fundraising.
<h2>Suppliers of Great Wall and Geely</h2>
The last new stock next week is Taihong Wanli, whose main business is the research, development, production, and sales of automotive structural and functional components, with major clients being vehicle manufacturers and some supporting parts suppliers.
From 2021 to 2024, Taihong Wanli's operating revenue was approximately 1.011 billion yuan, 1.478 billion yuan, 1.544 billion yuan, and 1.689 billion yuan, with year-on-year growth rates of 46.13%, 4.47%, and 9.35%; net profits were approximately 85 million yuan, 131 million yuan, 162 million yuan, and 177 million yuan, with year-on-year growth rates of 53.09%, 24.29%, and 9.93%.
One risk is that Taihong Wanli's clients are quite concentrated, with over 60% of revenue coming from Geely and Great Wall.
From 2021 to 2023 and the first half of 2024, the company's main business revenue from Geely Group accounted for 35.91%, 46.11%, 38.71%, and 33.62%, while the revenue from Great Wall Motors accounted for 51.64%, 35.48%, 36.25%, and 30.18%.
Additionally, it should be noted that Taihong Wanli's debt-to-asset ratio is significantly higher than the industry average. From 2021 to 2023 and the first half of 2024, Taihong Wanli's debt-to-asset ratios were 56.60%, 57.70%, 55.79%, and 50.55%. The average ratios of comparable companies in the industry were 38.50%, 42.83%, 35.51%, and 33.31%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f8d758ea-5889-4881-b056-c54ddc0e7262.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f8d758ea-5889-4881-b056-c54ddc0e7262.png"/>
Risk Warning and Disclaimer
The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account individual users' specific investment objectives, financial conditions, or needs. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at one's own risk

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Recently, the enthusiasm for new stock subscriptions has surged. Hongjing Optoelectronics achieved a profit of over 50,000 yuan per subscription after its listing, with an increase of 244.05%. Jiangnan New Materials saw an increase of 711.95% on its first day of listing, with a profit of 37,500 yuan per subscription. In the coming week, three new stocks will be open for subscription, which investors should not miss. Hongjing Optoelectronics holds over 25% market share in the global panoramic camera lens module market, and its operating revenue is expected to continue to grow in the future

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Single sign profit exceeds 50,000 yuan! Will "hitting newcomers" continue to "enjoy a good life" in the future?