Qinshang Optoelectronics officially listed on the first day of the stock is better than market expectations

[High-tech LED News] Dongguan Qinshang Optoelectronics Co., Ltd. officially landed on the Shenzhen Stock Exchange today. The stock is referred to as “Qin Shang Optoelectronics” and the stock code is “002638”. The total number of Qinshang Optoelectronics shares was 183.735 million shares, and the circulating share capital was 46.835 million shares. The corresponding price-to-earnings ratio was 55.81 times. The listed liquidity was 37.535 million shares, and the issue price was 24 yuan/share.

Qinshang Optoelectronics plans to raise RMB 460 million this time. The funds will be invested in “LED Outdoor Lighting and Landscape Lighting Project”, “LED Indoor Lighting Project”, “LED Lighting R&D Design Center Project” and “Company Operation Management Center Project”. .

Among them, the "LED outdoor lighting and landscape lighting project" design capacity is 990,000 sets of LED street lamps, 120,000 sets of LED tunnel lights and 150,000 sets of floodlights; LED indoor lighting project "design capacity for annual production of LED energy-saving lamps 220 Wan Hao, LED bulbs 1.1 million baht, LED downlights 750,000 盏, ceiling lamps 250,000 盏.

Qinshang Optoelectronics said that it will increase the company's production capacity through fundraising projects, reduce production costs, and enrich the company's product line. It will further expand the company's indoor lighting products coverage and product advantages, consolidate the company's dominant position in the industrial chain, and seize the domestic and international more. Large market share. .

According to the panoramic network today, Qinshang Optoelectronics (002638) opened slightly higher by 0.21% today, at 24.05 yuan, slightly better than market expectations. Previously, the average price of brokers forecasted by the panoramic network was 23.74 yuan.

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