Shanghai Precilasers Technology, This Year's Most Expensive A-Share IPO, Debuts on STAR Market on August 18

Deep News08-16 20:11

Shanghai Precilasers Technology Co.,Ltd. (stock code: 688826) has announced that its shares will begin trading on the STAR Market on August 18. The company specializes in the research, development, production, and sale of precision laser equipment.

In its initial public offering, Shanghai Precilasers Technology Co.,Ltd. issued 10 million A-shares at a price of 186.88 yuan per share, bringing its total share capital to 40 million shares post-listing. The transaction values the company's total market capitalization at 7.4752 billion yuan.

According to data from Tonghuashun iFinD, the IPO price of Shanghai Precilasers Technology Co.,Ltd. ranks as the highest among all new stock listings in China this year. For investors, securing one board lot (500 shares) requires a capital outlay of approximately 93,400 yuan.

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