Listing Overview - The company, Hansan (Nanjing) Technology Co., Ltd., will list its common stock on the Shenzhen Stock Exchange's ChiNext board on August 6, 2025, with a total share capital of 129 million shares and an initial public offering (IPO) of 32.25 million shares, all of which are new shares [1][4] - The IPO price is set at 28.91 CNY per share, which is below the median and weighted average of bids from qualified institutional investors [2] Industry and Financial Metrics - The company operates in the "Computer, Communication and Other Electronic Equipment Manufacturing" industry, classified under C39 according to the National Economic Industry Classification [2] - As of July 22, 2025, the average static price-to-earnings (P/E) ratio for the industry is 41.50 times [2] - The P/E ratio corresponding to the IPO price of 28.91 CNY per share is 14.90 times based on the company's audited net profit for 2024, which is significantly lower than the industry average [4][5] - The average static P/E ratio for comparable companies in the same industry is 36.19 times [5]