National Power shares (688103.SH) issued an initial public offering and a letter of intent to list shares in Science and Technology Innovation Board. This time, it plans to issue 23.89 million shares, all of which are new shares. The total share capital after the issue is 95.39 million shares. The initial inquiry date for this issue is August 26, 2021, and the purchase date is August 31, 2021.
Issuers specialize in R & D, production and sales of electronic vacuum devices. Since its inception, the company has focused on the process technology and product design in the field of electronic vacuum manufacturing. After years of technology accumulation and R & D investment, independent research and development capabilities and core technologies have covered all the key links in the production and manufacture of electronic vacuum devices.
It is reported that the net profits attributed to the owners of the parent company in 2018,2019 and 2020 are-12.8649 million yuan, 39.3504 million yuan and 138 million yuan respectively.
Examined and approved by the company's board of directors and shareholders' meeting, the funds raised in this issue will be used for the following projects according to the priority order of the project: 186 million yuan for vacuum relay and vacuum capacitor production project; 109 million yuan for high voltage DC contactor production project; 34.4589 million yuan for electronic vacuum devices R & D center project; 150 million yuan for supplementary liquidity project.