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《新股表現》環龍控股(02260.HK)半日收報1.26元 高上市價3.3%

"New share performance" VANOV HOLDINGS (02260.HK) closed at 1.26 yuan in half-day, with a high listing price of 3.3%.

即市頭條 ·  Jan 10, 2022 23:50

VANOV HOLDINGS (02260.HK) today (11th) first quoted 1.27 yuan, 1.22 yuan higher than the listing price, 4.1% higher, the initial stage rose to 1.48 yuan, and then fell back, closing at 1.26 yuan in half-day, 3.3% higher than the listing price, with a half-day turnover of 116 million yuan.

Huanlong is a manufacturer of papermaking blankets in the mainland. A total of 114.2 million shares have been sold in Hong Kong, and Gong Zhaohui, management director of Fuhui Innovation Venture Capital, and Chen Xiong, chairman of Guangdong Kelun Pharmaceutical Co., Ltd., have been introduced as cornerstone investors to subscribe for a total of 32.784 million shares. The 10% public offering is about 12.7 times oversubscribed, with a successful subscription rate of 15%. The shares are priced at the lower end of the IPO range (1.22 to 1.44 yuan). The net fund raised is expected to be about 92.8 million yuan, of which 40% will be used to purchase machinery. to upgrade the Shanghai production base and Chengdu production base for the second phase of the capacity expansion plan; 20% is used to strengthen the group's R & D capacity, and about 10% and 20% are used to seek strategic acquisitions and debt repayment, respectively. 10% is used for working capital and other general enterprise purposes. The exclusive sponsor for listing is Min Bank Capital.

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