Anhui Strong State New Materials Skyrockets Over 1,700% in Shenzhen Debut; Shares Down 32%

MT NewswiresOct 14 01:15 ET

New stocks N Qiangbang (001279.SZ) and N Copper Crown (920019.BJ) skyrocketed on their first day of listing, triggering a secondary halt for both.

On October 11th, the new stocks N Qiangbang (001279.SZ) and N Copper Crown (920019.BJ) opened with a sharp rise, both triggering a second temporary halt.

Zhitong FinanceOct 10 23:16 ET

Stock price soared by 1345%! Strong Bond New Materials main board listed as the second largest domestic printing plate material supplier.

After the listing of Changlian Technology on September 30, today the Shenzhen Stock Exchange welcomed another new stock listing. According to Geelong News, on October 11, Anhui Qiangbang New Materials Co., Ltd. (referred to as Qiangbang New Materials) was listed on the Shenzhen main board, with Haitong Securities as the sponsor. Qiangbang New Materials (001279) has an issue price of 9.68 yuan per share, a PE ratio of 17.54 times, lower than the industry PE ratio of 31.55 times. As of the time of drafting, its stock price has surged over 1345%, with a current market cap exceeding 22.3 billion yuan. Recently, the market for new A-shares has been hot, with Changlian Technology soaring more than 17 times on its first day of trading on the GEM, wireless media.

Gelonghui FinanceOct 10 21:57 ET

Qiangbang New Materials (001279.SZ) will be listed on the Shenzhen Stock Exchange on October 11th.

Qiangbang New Materials (001279.SZ) announced that the company's stocks will be listed on the Shenzhen Stock Exchange on October 11, 2024.

Zhitong FinanceOct 9 10:17 ET

Express News | Anhui Strong State New Materials Offers 40 Mln Shares at 9.68 Yuan Apiece in Shenzhen IPO, Raising 387.2 Mln Yuan

ReutersOct 7 20:06 ET

Qiangbang New Materials (001279.SZ) disclosed the results of the lottery: a total of 0.0589 million winning numbers.

On September 26, Gelunhui announced that Qiangbang New Materials (001279.SZ) publicly issued stocks for the first time and listed on the main board. The specific results of the online lottery draw are as follows: Investors who participated in the online pricing issuance and subscription of Qiangbang New Materials A shares will be considered winners if the last digits of their subscription numbers match the numbers above. There are a total of 58,900 winning numbers, with each winning number only able to subscribe to 500 shares of Qiangbang New Materials A shares.

Gelonghui FinanceSep 26 08:57 ET