--- title: "\"The big meat ticket\" encounters a new low in growth, as new investors ride the \"roller coaster\" of returns" type: "News" locale: "en" url: "https://longbridge.com/en/news/243619010.md" description: "This week, the new stock market showed significant fluctuations, with Zhongce Rubber and UUGreenPower, which were listed on June 5, performing quite differently. Zhongce Rubber's first-day increase was only 11.58%, with a single ticket profit of 2,690 yuan, setting a new low for the year, causing investors to worry about its future performance. In contrast, UUGreenPower achieved a single ticket profit of 33,855 yuan, with an increase of 75.64%, making it the third highest stock in terms of profit this year, but the winning rate was relatively low, at only 0.01656%. Caution is advised for next week's new stock listings" datetime: "2025-06-09T02:05:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/243619010.md) - [en](https://longbridge.com/en/news/243619010.md) - [zh-HK](https://longbridge.com/zh-HK/news/243619010.md) generator: "portal-rs" --- # "The big meat ticket" encounters a new low in growth, as new investors ride the "roller coaster" of returns The past week has been quite volatile for new investors. Two new stocks were listed on the same day, one of which saw single-sign profits soar to the top three of the year, while the other set a record for the lowest first-day increase of the year. At one point during trading, the increase was only in single digits, which should raise caution among investors. The long-unseen possibility of "breaking the issue price" seems to be lurking again. ## Breaking Three Records This Year This week, two new stocks were listed, both scheduled for June 5. Among them, the tire manufacturer Zhongce Rubber, listed on the main board, broke three new stock records this year in one go, but they are not good records. According to statistics from Eastmoney, its average transaction price on the first day increased by only 11.58% compared to the issue price, with a single-sign profit of 2,690 yuan. Both the increase and the single-sign profit are the worst performances this year. With a closing price of 49.68 yuan per share, the increase was only in single digits, at 6.84%. However, the winning rate reached a record high for the year, at 0.047995%. Nevertheless, investors who won the lottery might feel a bit anxious. Although there are still profits from new stock subscriptions, such a low increase inevitably raises concerns that the "undefeated myth" of new stock subscriptions may be facing challenges. ## "Big Profit Sign" Enters Top Three However, the other new stock listed on the same day, charging equipment manufacturer UUGreenPower, brought surprises to new investors. According to statistics from Eastmoney, a single sign can earn 33,855 yuan, securing the third position in profits this year. Although the first-day increase was 75.64%, which is considered average for new stocks this year, its issue price was as high as 89.60 yuan per share, which still provides decent returns for investors when considered comprehensively. However, getting a piece of this profit is relatively difficult, with a winning rate of only 0.01656%. The prospectus states that UUGreenPower's market share in the domestic charging module market reached 10.58% in 2023, with clients including leading companies like WanBang Digital, and it has also established partnerships with automakers like Nio. ## Failed to Pass High-tech Enterprise Certification The new stock profits this week can be described as riding a "roller coaster." Therefore, it may be necessary to pay more attention to the two companies scheduled to go public next week. The electric tools and consumer electronics company HuazhiJie will open for subscription next Tuesday (June 10). Currently, the company has established partnerships with well-known enterprises such as Baide Group, TTI Group, Qisda Group, Makita Group, and Delta Group. Investors may need to pay more attention to HuazhiJie's issues regarding technological innovation and R&D investment. In 2022, HuazhiJie had a situation where it failed to pass the high-tech enterprise certification. Meanwhile, the company's R&D investment was also lower than its peers, with a slight decline expected in 2024. From 2022 to 2024, the company's R&D expense ratios were 5.03%, 5.26%, and 4.77%, respectively. In addition, the company's revenue experienced a decline for two consecutive years, only starting to rebound significantly in 2024 From 2022 to 2024, the company's revenue is approximately 1.019 billion yuan, 937 million yuan, and 1.230 billion yuan, with year-on-year changes of -18.43%, -8.02%, and 31.26%; net profit is approximately 101 million yuan, 121 million yuan, and 154 million yuan, with year-on-year changes of -4.60%, 20.61%, and 26.38%. ## Decline in Sales Revenue from the Largest Customer Another chip packaging materials company, XinHengHui, will open for subscription next Wednesday (June 11). The company's main businesses include smart card business, etched lead frame business, and IoT eSIM chip testing business. A major challenge currently facing the company is the decline in sales revenue from its largest customer. Ziguang Tongxin is the company's largest customer, with sales revenue to Ziguang Tongxin from 2022 to 2024 being 149 million yuan, 136 million yuan, and 97 million yuan. The prospectus states that the main reason is the company's major competitor, French Linxens, which was acquired by Ziguang Group in 2018, resulting in a shift of some order demand from Ziguang Tongxin. It is worth noting that the chairman of XinHengHui, Ren Zhijun, previously served as the president of Ziguang Guoxin's parent company, Ziguang Guowei. In addition, the funds raised this time will be used entirely for project construction or upgrading of the R&D center, but the company's current production capacity utilization is not saturated. The prospectus also indicates that XinHengHui is still in the market development stage in the IoT eSIM chip testing business, which may pose risks of unfavorable development. From 2022 to 2024, the company's revenue is approximately 684 million yuan, 767 million yuan, and 842 million yuan, with year-on-year growth of 24.77%, 12.13%, and 9.83%; net profit is approximately 101 million yuan, 111 million yuan, and 153 million yuan, with year-on-year growth of 10.28%, 38.04%, and 21.30%. Risk Warning and Disclaimer The market has risks, and investment should be cautious. 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. 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