Company fundamentals The company is a leading enterprise in the domestic rubber machine manufacturing industry and a world-renowned rubber machine supplier. The earliest manufacturer of independent rubber machinery in China developed and developed a series of radial tire equipment developed and developed independently reached more than 20 series, nearly 100 types, which basically covered most of the key processes in tire production. Opto-mechatronics integration and a series of new technologies such as lasers, hydraulics, pneumatic valve terminals, servo, frequency conversion, and ultrasound have been widely used to achieve high automation, high accuracy, high efficiency and high durability of products. Half of the products are the first in China. The overall technical level is leading in the domestic rubber machine industry, and the technical level of some products has reached the international advanced level. The market share of three-drum all-steel radial single-stage radial molding machines has reached about 70%, and the domestic market share of special equipment for engineering radial tires can reach more than 90%, which is in an absolute monopoly position. One-week transaction distribution analysis and turnover rate analysis Saixiang Technology went public on January 15. On the first day, the turnover rate was as high as 72%, and more than 170,000 lots were sold; the turnover rate was 23% 15 minutes before opening, and the turnover rate was close to 56,000 lots. Judging from the turnover and transaction distribution on the first day, trading was the most active 15 minutes before the opening of the market. Markets with weak trends in the later stages showed weak declines in the latter half except for shrinking and surging on the first day. The comparison between Chase's first-day pricing and first-day market price is based on the analysis of Saixiang Technology's issuance factors; as well as a comparative analysis of the average first-day increase of recently listed stocks with a similar share capital size, we gave Saixiang Technology a first-day increase of 35-55%, and the corresponding stock price of 41.8-48.1 yuan. The actual average market transaction price for the day was 43.6 yuan, which is within our forecast range. The fundamentals of the operational recommendations are good, but the short-term band is intense and the risk is high, so investors are not advised to pay too much attention.