Investment Value Analysis of Peicheng Technology (874553): Passed Beijing Stock Exchange IPO Review, Strong Fundamentals

Based on my research, I need to inform you of an important update:

and passed the Beijing Stock Exchange IPO review meeting on December 30, 2025[1], but has not yet been officially listed and traded on the Beijing Stock Exchange.

Due to liquidity constraints in the NEEQ market, I cannot obtain its historical price data through conventional financial data APIs to conduct a precise MACD technical analysis. However, I can provide you with the following comprehensive analysis based on existing information:

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Peicheng Technology is a partial circuit value-added service provider positioned in the lithium battery new energy industry, mainly engaged in independent R&D, production and sales of third-party battery power control systems (BMS, PCS, etc.)[1][2].

Battery Management System (BMS), whose core function is to monitor and control the battery charging and discharging process to ensure safe use of the battery.

Indicator	2024	Jan-Sep 2025	YoY Change
Operating Revenue	RMB 733 million	RMB 886 million	+76.49%
Net Profit Attributable to Parent Shareholders	RMB 93.44 million	RMB 128.86 million	+114.83%
Gross Profit Margin	28.76%	-	-

The BMS industry where the company operates benefits from the rapid development of the new energy industry:

• The market demand for energy storage BMS continues to grow
• BMS is widely used in electric two-wheelers and electric vehicles
• Peer companies in the industry include Huasu Technology (301157.SZ), Kelie Technology, etc.[2]

Since real-time stock price data cannot be obtained, the following is a MACD analysis framework for judging whether Peicheng Technology has short-term buying value

:

1. DIF line crosses above the DEA line
   : Short-term EMA (12-day) crosses above long-term EMA (26-day)
2. Golden cross above the zero axis
   : Indicates the end of a pullback in an uptrend, with higher reliability
3. Volume confirmation
   : Trading volume should increase significantly on the day of the golden cross
4. Bullish resonance
   : Forms resonance with indicators such as KDJ and RSI

• Trading is only available after official listing on the Beijing Stock Exchange
• New stocks experience high volatility in the initial stage of listing
• Pay attention to the difference between the offering price and market expectations

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Assessment Dimension	Description
Fundamentals	Significant performance growth; both operating revenue and net profit attributable to parent shareholders saw substantial growth in the first three quarters of 2025
Industry	The new energy BMS track has high prosperity
Event Driver	IPO review approval is a positive factor, but official listing is pending
Technicals	MACD golden cross analysis cannot be provided as the company is not yet listed

After Peicheng Technology is officially listed on the Beijing Stock Exchange, you can use Jinling AI’s MACD technical analysis tool for real-time analysis. At the current stage, it is recommended to pay attention to:

1. Follow the Beijing Stock Exchange listing announcement to confirm the specific listing date
2. Track the offering price range
3. Capital flows on the first listing day and subsequent trading days

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[1] Caifuhao - “Beijing Stock Exchange Weekly: Peicheng Technology Passed IPO Review This Week” (https://caifuhao.eastmoney.com/news/20260104145702598731480)
[2] Eastmoney - Peicheng Technology (874553) Stock Quick View (https://xinsanban.eastmoney.com/F10/874553.html)