March 23 Longyuan Shares (920055) IPO Subscription

{Beijing Stock Exchange New Stock Subscription}

On March 23, Longyuan Co., Ltd. (920055), specializing in the research, production, and sales of aluminum alloy precision casting parts, is offering shares at 24.70 RMB. The maximum subscription is 765,000 shares, with a P/E ratio of 14.99 times, compared to the industry average of 29.78 times. Full payment of the subscription funds is required at the time of application. Nanjing Securities

“Longyuan Co., Ltd.” (Code: 920055), listed on the Beijing Stock Exchange, subscription price: 24.70 RMB, maximum 765,000 shares, industry: automotive manufacturing, issuance P/E ratio: 14.99, industry reference P/E ratio: 29.78;

Company Profile: Ningbo Longyuan Co., Ltd. mainly engages in the research, production, and sales of aluminum alloy precision casting parts. The company’s main products include automotive engine systems, new energy vehicle three-electric systems, automotive steering systems, automotive thermal management systems, other automotive parts, general machinery parts, and other non-automotive parts. The company is a “Little Giant” enterprise recognized at the national level for specialized, refined, distinctive, and innovative development; the validity period of this recognition is three years, from July 1, 2022, to June 30, 2025. The company submitted review materials for the national-level “Little Giant” enterprise on June 2025. According to the “Notice from the General Office of the Ministry of Industry and Information Technology on the 2025 Recognition and Review of Specialized, Refined, and Innovative ‘Little Giant’ Enterprises” (Gongxin Hall Enterprise Letter [2025] No. 190), the titles of recognized “Little Giant” enterprises from 2022 remain valid until the review results are announced. The company obtained a High-Tech Enterprise Certificate (Certificate No.: GR202433100176) on December 6, 2024, valid for three years.