Zhongxin Co., Ltd. (603091.SH) announced that the company and the sponsor (lead underwriter) have agreed on the initial inquiry results to assign...
According to the announcement of Zhongxin Co., Ltd. (603091.SH), the company and the sponsor (lead underwriter) have determined the initial public offering price at 26.50 yuan/share. The online subscription period is from 09:30 to 11:30 and 13:00 to 15:00 on September 6, 2024 (T day), and the offline subscription period is from 09:30 to 15:00 on September 6, 2024 (T day).
According to reports, the diluted trailing price-to-earnings ratio of 11.86 times corresponding to the issuance price of 26.50 yuan/share for the issuer in 2023, after deducting non-recurring gains and losses, is lower than the average trailing price-to-earnings ratio of comparable companies in the same industry in 2023 and the average trailing price-to-earnings ratio of the industry in the past month, but there is still a risk of losses to investors if the issuer's stock price falls in the future.
