Zhong Guo Jing Ji Wang·2025-05-23 08:38Group 1 - The core viewpoint of the news is that Shuangyuan Technology (688623.SH) has experienced a decline in stock price since its IPO, currently trading at 59.96 yuan, down 3.79%, with a total market capitalization of 3.546 billion yuan [1] - The stock was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 8, 2023, with an initial offering price of 125.88 yuan per share and a total issuance of 14.7857 million shares [1][2] - On its first trading day, the stock reached a high of 120.00 yuan but has since entered a state of decline, indicating a potential failure to maintain its initial valuation [2] Group 2 - Shuangyuan Technology raised a total of 186.12239 million yuan through its IPO, with a net amount of 166.63587 million yuan after deducting issuance costs, which exceeded the originally planned fundraising by 101.47809 million yuan [2] - The company intended to use the raised funds for projects including the construction of an intelligent measurement and control equipment production base, a research and development center, a marketing network, and to supplement working capital [2] - The total issuance costs amounted to 19.48652 million yuan, with Minsheng Securities receiving 17.07192 million yuan as underwriting and sponsorship fees [2] Group 3 - The strategic placement of shares involved Minsheng Securities Investment Co., Ltd., which acquired 476,644 shares, representing 3.22% of the total issuance, with an investment amount of approximately 60 million yuan [3] - Minsheng Securities Investment Co., Ltd. has committed to holding the allocated shares for a period of 24 months from the date of the IPO [3]