Recently, the breaking of A-share new shares has increased significantly again. Today, the breaking range of new shares on the first day is more than 30%, and the maximum loss of the first lot is more than 28000 yuan. The breaking range on the first day and the floating loss of the first lot are rare in recent years.
A shares are rare in recent years!
new shares fell more than 30% on the first day of trading
Market data show that the new shares of Aojie Technology (688220. SH) broke sharply on the first day of listing. In the morning, it was as low as 108.33 yuan, down 34.16% from 164.54 yuan. If calculated according to the lowest price in the afternoon trading, Aojie technology of China first signing has a maximum floating loss of more than 28000 yuan.
According to the prospectus, Aojie technology is a platform chip enterprise providing wireless communication and super large-scale chips. Since its establishment, the company has been focusing on the R & D and technological innovation of wireless communication chips. At the same time, it has the R & D and design strength of full-standard cellular baseband chips and multi protocol non cellular Internet of things chips, and has the ability to provide large-scale and high-speed SOC chip customization and semiconductor IP authorization services.
According to the prospectus, the company’s cellular baseband chip products have covered GSM / GPRS / edge (2G), CDMA / WCDMA / TD-SCDMA (3G), fdd-lte / tdd-lte (4G), and 5g chip products are in the back chip debugging stage; In the field of non cellular mobile communication, the company not only has a variety of high-performance non cellular IOT chips based on WiFi, Lora and Bluetooth technology, but also has a global positioning and navigation chip based on Beidou navigation (BDS) / GPS / GLONASS / Galileo technology, which can fully cover the application scenarios of various transmission distances in the intelligent IOT market. The company has high performance The highly integrated WiFi chip has been adopted by Midea Group Co.Ltd(000333) China’s leading white power enterprise, and has also been successfully promoted in the field of home appliances and security; In addition, in the field of super large-scale and high-speed SOC chip design and semiconductor IP licensing services, based on the recognition of the rich chip design experience and strong technology accumulation of the company’s technical team, several leading enterprises in different application fields, such as customer s, Denglin technology, Moffett, oppo and Xiaomi, have selected companies to provide chip design services or IP licensing.
The prospectus also shows that during the reporting period, the company sold more than 80 million sets of cellular baseband chip products, and more than 40 million non cellular Internet of things chip products. From 2018 to 2020, the company’s operating revenue increased from 115.3911 million yuan to 108.09581 million yuan, with a compound annual growth rate of 206.07%.
Aojie technology has previously issued a special announcement on the investment risk of initial public offering and listing on the science and innovation board, saying that the market value of the company corresponding to the issuance price of RMB 164.54/share is RMB 68.827 billion, the operating revenue of Aojie technology in 2020 is RMB 1.081 billion, and the market sales rate corresponding to the issuance price is 63.67 times, which is higher than the average of comparable companies in the same period. On the whole, the market sales rate of the company is higher than the average level of comparable companies in the same period, and there is a risk that the decline of the issuer’s share price will bring losses to investors in the future. The issuer and the recommendation institution (lead underwriter) remind investors to pay attention to investment risks, carefully study and judge the rationality of issuance pricing, and make investment rationally.
the breaking of new shares has increased significantly recently
In fact, in addition to Aojie technology, which broke today, some A-share new shares have broken recently, and the phenomenon of new share breaking has increased.
Two days earlier, two new shares broke on the first day in a row.
On January 12, Tianyue advanced (688234. SH) was listed on the first day. On that day, the stock once fell to 74.51 yuan, which was 10.00% lower than the issuance price of Tianyue advanced. Statistics show that the issuance price of Tianyue advanced is 82.79 yuan. If calculated at this price, the loss of the first contract will exceed 4000 yuan.
According to the prospectus, Tianyue advanced is a leading manufacturer of wide band gap semiconductor (third generation semiconductor) substrate materials in China. It is mainly engaged in the R & D, production and sales of silicon carbide substrates. Its products can be widely used in microwave electronics, power electronics and other fields. Wide band gap semiconductor substrate materials have clear and considerable market prospects in 5g communication, electric vehicles, new energy, national defense and other fields, and are an important development direction of semiconductor industry.
On January 13, Xinghui ring material (300834. SZ) was listed on the first day. On that day, the stock once fell to 50.00 yuan, which was 10.02% lower than the issue price of Xinghui ring material. Statistics show that the issuing price of Xinghui ring material is 55.57 yuan. If calculated at this price, the loss of Xinghui ring material in the first signing exceeds 2000 yuan.
Since late December 2021, the breaking of new shares in the A-share market has increased significantly again.
According to the reporter’s statistics, since December 28, 2021, a total of 20 new shares have been listed in the A-share market, of which 10 new shares broke on the first day of listing.
According to statistics, after new year’s day in 2022, a total of 12 new shares were listed in the A-share market, of which 6 new shares broke on the first day of listing.
The first day breaking ratio of new shares in the above two statistical intervals has reached half, of which the maximum breaking range of Aojie technology and Yahong medicine on the first day has exceeded 20%.
However, statistics also show that many new shares performed better on the first day in the same period, including Weibo hydraulic and bidding shares, which doubled the issue price on the first day.
The above data generally reflect the recent sharp differentiation of the new share market, and the era of “mindless innovation” has been gradually moving away.
Breaking tide spread to semiconductors: Aojie technology recorded the largest decline in new shares during the year, with a loss of more than 28000 yuan
The loss of winning the first contract is more than 2000! Xinghui environmental materials fell more than 9% on the first day, and the breaking rate of A-Shares exceeded 30% in January
