(the special data of this edition is provided by Zhai Chao / Cartography provided by the Central Database of the Securities Times)

Chen Jiannan, a reporter from the Securities Times.

Once upon a time, the activity of the secondary IPO plate was very high. Since then, with the normalization of new shares IPO, the scarcity of small and medium-sized stocks is no longer, and the sub-IPO index has fallen year after year. The latest data show that the annual line of the near-end IPO index (constituent stocks are listed in the past year) has been nine consecutive overcast, with the latest point less than 50 points, while the 2015 high is more than 2500 points.

Although there are reasons for the successive year-on-year pullback of the near-end IPO index, it is also an indisputable fact that the trend of secondary new shares is generally poor. However, IPO continues to tighten recently, and the performance of secondary new stocks has attracted attention, especially in the context of the low level of the sector as a whole, high-quality stock investment opportunities are expected to be highlighted. Specifically in the aspect of stock selection, industry insiders emphasize the greatest logic of secondary IPO stock selection, that is, scarcity, which is mainly reflected in the scarcity of the growth of the industry and the company.

27 new shares

Performance is expected to be high growth

According to data Bao of the Securities Times, 27 of the secondary IPOs listed in the past year have been rated by three or more institutions, and net profit growth is forecast to exceed 20% this year, 2025 and 2026.

Among them, the agency unanimously predicted that the average net profit growth rate of Meixisheng in the next three years was the highest, reaching 85%.Spinonlinefree.51%. Institutions believe that the company has obvious competitiveness in the field of wireless charging chips, and enter the optical sensor, CAN SBC blue ocean market, the growth path is clear.

In addition, the institutions of Huizhi Micro-U and Zhongke Flying Test unanimously forecast that the net profit growth rate will exceed 40% in the next three years. Huafeng Technology, Zhejiang Rongtai, Essen shares, Tiancheng Technology, Nova Nebula, Core Novak, Core Integration-U and other stocks unanimously forecast net profit growth of more than 30% in the next three years.

The performance of some stocks increased significantly in the first quarter of this year, and the net profit of National Science and Technology military Industry, Jinbo Biology, Essen shares, Mingyang Electric and other stocks all exceeded 100% in the first quarter compared with the same period last year. The national science and military industry said in its quarterly report that the sharp increase in performance was mainly due to an increase in income in the reporting period over the same period last year, and the increase in operating income during the reporting period was mainly due to the delivery of high gross profit products such as missile (rocket) solid motor power and control products, an increase in cash management income in the current period, and a decline in financial expenses.

The secondary new shares with higher institutional attention are relatively more deterministic. Data show that Zhi European Technology, Goodtreasure Pet, Jinbo Biology, Runben shares and other stock rating agencies are among the top, with more than 20 rating agencies. From the perspective of the scarcity of the industry, stocks such as Guobao Pet, Jinbo Biology and Runben shares are relatively scarce. Among them, Guobao pet is engaged in the research and development, production and sales of pet food.SpinonlinefreeRunben shares have formed three core product series: mosquito repellent products, baby care products and essential oil products.

23 new shares

The position held by the organization exceeds 100 million yuan.

Some stocks have been built on a large scale by institutions. Among them, Jinbo Biology, Zhejiang Rongtai and other stocks received new positions in the social security fund in the first quarter. The former received a total of more than 4.19 million shares from the two social security funds, with a market value of more than 105 million yuan at the end of the period, while the latter received 712800 new shares from the social security fund. The market value of the shares at the end of the period was 157 million yuan.

As a whole, as many as 23 of the above 27 shares have received institutional heavy positions of more than 100 million yuan (excluding the top 10 corporate shareholdings). Among them, at the end of the first quarter, the stock market values of China Science Flight Test and Aviation Materials were all over 1.4 billion yuan, while those of Ates, Nova Nebula, Jingyi equipment, Mingyang Electric and Jinbo Biology all exceeded 500 million yuan at the end of the first quarter.

4 new shares

It has increased by more than 30% this year.

Some secondary new stocks showed a strong trend during the year, with Rice Information rising more than 121%, ranking first. According to the data, the company provides the overall solution and series of products of command information system with command and control technology as the core to meet the information needs of civil aviation air traffic management, urban road traffic management and urban governance. The company's performance is impressive, with net profit rising nearly 48% year-on-year last year and revenue growing nearly 39% in the first quarter of this year.

In addition, stocks such as Guobao Pet, Mingyang Electric and Huafeng Technology all rose more than 30% this year. Huajin Securities believes that Mingyang Electric, as a leading provider of intelligent power distribution equipment in the field of new energy, focuses on the research and development and manufacture of intelligent transmission and distribution equipment, and seizes the historic opportunity of extending to data centers, smart grids and specific fields. has basically completed the transformation from traditional energy to new energy market, market share continues to increase, has a competitive advantage in the field of offshore new energy, optimistic about the company's future development prospects.

Huizhi micro-U, Meixisheng, Essen shares and other stocks all fell more than 40%, ranking in the top three of the list, while Tiancheng Technology, Angus, Jingyi equipment and other stocks all fell more than 30%. China Science and Technology Flight testing institutions, which have a large decline, have a higher degree of attention. Guangfa Securities believes that with the layout of software / hardware continuous promotion of process control equipment, the company is expected to fully benefit from the domestic substitution process of measurement and testing equipment.