Company Overview - Hefei Hengxin Life Technology Co., Ltd. is set to launch its initial public offering (IPO) and will be listed on the Shenzhen Stock Exchange's ChiNext board on March 19, 2025 [1] - The company will issue 25.50 million shares, accounting for 25.00% of the total share capital post-IPO [3] IPO Details - The IPO price is set at 39.92 CNY per share, which is below the average static price-to-earnings (P/E) ratio of 20.68 for the paper and paper products industry as of March 3, 2025 [3][6] - The total share capital after the IPO will be 102 million shares [5] Industry Context - The company operates in the "C22 Paper and Paper Products Industry" as classified by the China Listed Companies Association [3] - The average static P/E ratio for comparable A-share listed companies in the same industry is reported to be 37.91 [6]
合肥恒鑫生活科技股份有限公司首次公开发行股票并在创业板上市之上市公告书提示性公告