A single contract's maximum floating profit reached 556,600! Frequency Precision Laser (688826.SH) skyrocketed over 595% on its first day of listing, setting a new record in the A-share market.

On August 18, Finprecision Laser (688826.SH) was listed on the STAR Market of the Shanghai Stock Exchange. The issue price was 186.88 yuan per share, requiring a single subscription of 500 shares which amounts to 93,400 yuan, setting a new high for the threshold of new stock subscriptions in the A-shares since 2026. On its first trading day, the stock opened up 488% at 1,100 yuan per share and continued to rise throughout the day. As of the time of this report, it peaked at 1,300 yuan per share. Based on this price, the single subscription yield reached as high as 556,600 yuan, breaking the record for first-day returns of new stocks since the full registration system was implemented in the A-shares market. In terms of business layout, Finprecision Laser is not an ordinary laser equipment manufacturer. According to the prospectus, Finprecision Laser mainly focuses on quantum technology fields such as quantum computing and quantum precision measurement, as well as semiconductor fields like wafer manufacturing, wafer volume measurement, and wafer slicing, along with cutting-edge research fields such as laser interference exposure and laser remote sensing. It has developed a brand-new precise laser technology route, launching laser products with precisely controlled wavelength, line width, noise, power, and pulse, contributing to the domestic production process of Chinas quantum technology and semiconductor industry chain. This technology route has also allowed it to gain a certain market share in niche markets. According to research data from QYResearch, it is estimated that in 2024, Finprecision Laser's share of the global laser market in quantum technology will be 9.21%, while its share in the domestic quantum technology field will be 16.85%. In the semiconductor field, the companys revenue in 2024 is projected to be 75 million yuan, accounting for 1.98% of the domestic market. The enhancement of market position is also reflected in its performance. From 2023 to 2025, the company's operating revenue is expected to be approximately 148 million yuan, 292 million yuan, and 418 million yuan, respectively. During the same period, the net profit is expected to be approximately 60.46 million yuan, 116 million yuan, and 159 million yuan, maintaining rapid growth.