Shenzhen SEICHI Technologies's IPO to debut on SSE STAR Market, 2,591 times oversubscribed.
Jul 17, 2023 (China Knowledge) - Shenzhen SEICHI Technologies (688627) to start trading on the Shanghai STAR Market tomorrow Jul 18. The firm has issued 23.5 mln shares priced at RMB 46.77 per share, raising RMB 1.1 bln (USD 0.15 bln). Its price-to-earnings ratio (PE) stands at 83.35. During subscription, the IPO was 2,591 times oversubscribed.
CSC Financial acts as the lead underwriter and sponsor for the IPO.
Shenzhen SEICHI Technologies is mainly engaged in the provision of systematic...
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