To The Moon

A-share investors have struck gold again, as winning a single lot in one new listing brought in more than 260,000 yuan.

Hongfucheng surged 680% on its debut trading day, with a single winning lot generating a paper profit of roughly 260,000 yuan.

Paper profits exceeded 300,000 yuan and trading was halted twice, as two new stocks posted massive gains. On September 29, Hongfucheng listed on the ChiNext board, opening up 680.64% and last trading at 600 yuan. With an issue price of 76.86 yuan, investors who won a single lot (500 shares) were sitting on a paper gain of about 261,600 yuan.

Notably, Hongfucheng is the second-highest-priced ChiNext IPO so far this year. According to its prospectus, Hongfucheng is a national-level specialized and sophisticated "little giant" enterprise in the electronic functional materials sector, focused on the research, development and industrialization of advanced electronic functional materials and devices such as thermal management, electromagnetic shielding and wave absorption products, which are widely used in data centers (AI high-power chips, optical modules), smart vehicles, 5G communications and consumer electronics.

From 2023 to 2025, Hongfucheng posted revenue of 260 million yuan, 330 million yuan and 707 million yuan, respectively, with net profit of 35 million yuan, 72 million yuan and 270 million yuan. The company expects revenue of 640 million to 680 million yuan for January to September 2026, up 31.13% to 39.33% year on year, and net profit attributable to shareholders of 245 million to 268 million yuan, up 28.67% to 40.74%.

Separately, new stock N Anda extended its intraday gain to 345%, triggering a second trading halt, with turnover exceeding 200 million yuan and a turnover rate above 33%.