Nov 05, 2020 (China Information) – Guangdong Kingshine Digital Know-how (300903) to begin buying and selling on the Shenzhen ChiNext Market right now, at a public providing worth of RMB 13.06 per share, elevating RMB 562.89 mln. Its preliminary itemizing shares account for 25% of whole excellent shares. The corporate’s preliminary price-to-earning ratio (PE) stands at 30.58.
Shengang Securities acted because the lead underwriter and sponsor for the IPO.
Earlier, Guangdong Kingshine Digital Know-how mentioned its IPO was 5,325 instances oversubscribed. Since 2019 so far, A-shares IPOs achieved median oversubscription of two,814 instances and the best at 9,194 instances. For subsequent 30-day buying and selling the performances will be obtained from our China IPO Weekly.
Guangdong Kingshine Digital Know-how Co Ltd is an organization engaged in analysis and growth, manufacturing and gross sales of excessive density printed circuit boards. The Firm’s merchandise are comprised of double-layer boards, multilayer boards, excessive density interconnect (HDI) boards and particular boards. The multilayer boards merchandise embrace four-layer boards, six-layer boards and eight-layer boards. The HDI merchandise embrace four-layer first-order HDI boards, eight-layer first-order HDI boards and eight-layer third-order HDI boards. The particular boards merchandise embrace thick copper boards, high-speed boards and built-in circuit (IC) provider boards. The Firm’s merchandise are utilized in client electronics, communication gear, industrial management, automotive electronics and computer systems.
In monetary yr 2019, Guangdong Kingshine Digital Know-how garnered a complete income of RMB 1328.45 bln, up 11% YoY. When it comes to web earnings, it achieved RMB 83 mln, up 42% YoY. Accordingly, return on fairness (ROE) and return on asset (ROA) stood at 14.99% and 5.83% respectively, incomes per share (EPS) of 0.58 RMB.
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