New Quality Productive Forces' Representative New Shares Show Impressive Performance on Debut Day
Recently, the bull market in the stock market has gradually shifted from a "crazy bull" to a "slow bull," marking the market's transition from short-term frenzy to a more stable and long-term growth trend. Behind this bull market lies the rise of new quality productive forces, which can also be said that the new round of bull market may continue to unfold with new quality productive forces as the main thread.
New quality productive forces represent a qualitative leap in productivity, a new form of productive force dominated by key and disruptive technological innovations. This new quality productive force not only breaks away from traditional economic growth methods but also opens up new paths for the development of productive forces.
The "new" in new quality productive forces is mainly reflected in the novelty of the fields it involves, such as new energy, new materials, advanced manufacturing, and electronic information, among others. These fields represent the forefront of scientific and technological innovation and are key forces in promoting social progress and economic development. The "quality" emphasizes the high technological content of these fields, especially the driving role of scientific and technological innovation. Among these fields, new materials, as part of the new quality productive forces, involve new energy, aerospace, biotechnology, advanced manufacturing equipment, and cutting-edge information technology, playing a crucial role in the development of new quality productive forces.
Driven by national strategy, Shangda Shares has become one of the exemplary cases in tackling the "bottleneck" problems in the field of new materials. Therefore, Shangda Shares (stock code 301522), which made its debut on the A-share ChiNext board on October 16, is also expected to become a highly representative investment target in the main line of the new round of market trends.
On the first day of listing, Shangda Shares recorded a remarkable performance in the secondary market stock price: as of the time of writing, the share price was 82.18 RMB per share (the same unit below), with an increase of 1094.48%, corresponding to a total market value of 30.56 billion RMB.
According to public information, Shangda Shares' technological advantages in the research and development and production of high-temperature alloy materials, the wide application of its products in the field of high-end equipment manufacturing, the company's industry status, and the support of national policies together constitute the company's investment value and promote the company's continuous enhancement of its development potential in key strategic materials and new material tracks.
Faced with historical development opportunities, Shangda Shares insists on breaking through with technology and innovation.
In recent years, special alloy materials have become increasingly important in the high-end equipment manufacturing industry, with demand continuing to grow significantly. The government continuously encourages enterprises to master core technologies, achieve independent control, and specifically supports special alloy products such as high-temperature alloys, providing a good development environment for companies like Shangda Shares. The national policy support also provides a guarantee for the development of enterprises like Shangda Shares.
It is worth noting that Shangda Shares has established a competitive advantage in the field of high-temperature alloy materials, with its market share gradually increasing. The current industry pattern is fragmented, and the company's market share is not high, which means there is a great growth space in the future.In the face of such a historic opportunity, Shangda Share is a company dedicated to technological innovation and driven by technology for growth, with unique technological advantages and strong R&D capabilities.
This can be specifically reflected in the following points: All core technologies owned by the company are independent intellectual property rights - which have improved the purity, consistency, and stability of special alloy products; the company has independently developed 11 core technologies, breaking the foreign technological monopoly; the company has a large number of patents and professionals, undertaking many major research topics, making important contributions to the autonomous control and recycling of key materials; Shangda Share also participates in the preliminary research of the new generation of high-temperature alloy materials, indirectly reflecting the company's R&D and market competitiveness.
Shangda Share, with its growth and scarcity, is expected to create returns for investors.
The successful listing of Shangda Share is not only an important milestone in the company's development but also provides investors with the opportunity to share the dividends of the rapid growth stage of the high-end manufacturing industry and the key strategic materials industry.
Shangda Share has made significant achievements in the R&D and production of key strategic materials such as high-temperature alloys, and the good momentum of the company's business and product development has also created good basic conditions for it.
According to the prospectus, from 2021 to 2023, the company's net profit after deducting non-recurring gains for each period was 51.6215 million yuan, 70.7414 million yuan, and 127.7968 million yuan, with a compound growth rate of 57.34%, and the corresponding company's weighted average return on net assets was 8.09%, 11.35%, and 14.06%. The above indicators can reflect that the company's profitability and operational efficiency have been steadily improved in the past three years.
In addition, the continuous growth of Shangda Share's R&D investment fully reflects the company's emphasis on technological innovation.
According to the prospectus, Shangda Share's R&D expenditures from 2021 to 2023 were 37.9256 million yuan, 51.7926 million yuan, and 92.3965 million yuan, respectively. The total R&D investment amount in the past three years was approximately 182.1147 million yuan. The R&D expenditure amount showed a rapid annual growth trend, with a corresponding compound growth rate of about 56.09%, higher than the compound growth rate of the main business income during the same period, highlighting Shangda Share's high emphasis and foresight on R&D investment-related work.
In summary, as an innovative and growing company that actively builds and continuously releases new quality productivity in the upstream of the industry chain, Shangda Share may better reflect its scarcity in the current A-share GEM.
After listing, with the company further utilizing and playing its capital platform role, Shangda Share may hope to continue to release its innovative development potential in the new material field, bringing long-term growth and return opportunities for investors.
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