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N广信上市首日开盘上涨400.00%

Company Overview - N Guangxin (920037) was listed on the Beijing Stock Exchange today, opening at 50.00 yuan, representing a 400.00% increase from the issue price [2] - The company focuses on the research, production, and sales of high-performance insulating fiber materials and their molded products, primarily used in power transmission and transformation systems, electrified railways, new energy industries, and military equipment [2] IPO Details - The company issued 20 million shares at an issue price of 10.00 yuan, with an earnings per share (EPS) ratio of 7.61 times [2] - The online issuance was 16 million shares, which was increased to 19 million shares due to an oversubscription mechanism, with 3 million shares allocated to online investors, accounting for 15.00% of the initial issuance [2] - The total effective subscription for the online issuance was approximately 55,254,937.78 million shares, resulting in a subscription multiple of 2908.15 times and an allocation ratio of 0.03% [2] Financial Performance - The company's projected net profits for 2022, 2023, and 2024 are 14.72 million yuan, 49.44 million yuan, and 116 million yuan, respectively [3]