Wuxi Xinan Technology debuts on SZSE ChiNext Market, rose 21%.
Jun 27, 2023 (China Knowledge) - Wuxi Xinan Technology (301170) opened at RMB 40.50 on its first-day trading on the Shenzhen ChiNext Market, an increase of 19.12% from its IPO price of RMB 34.
The shares price ended the day at RMB 41.00, soaring 21% from its issue price. Its intraday high and low were RMB 45.80 and RMB 40.27, respectively. With a turnover of RMB
681.29 mln (USD 94.44 mln), Wuxi Xinan Technology ends the day with a total market capitalization of RMB 4.1 bln (USD 570 mln).
Wuxi Xinan Technology is mainly engaged in the research and development, production and sales of aluminum alloy parts in the field of automotive lightweight...
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