Workflow
破发股恒烁股份跌4.85% IPO超募4.6亿国元证券保荐

Core Viewpoint - Hengshuo Co., Ltd. (688416.SH) is currently experiencing a decline in stock price, closing at 44.30 yuan with a drop of 4.85%, indicating a state of underperformance since its IPO [1] Group 1: Company Overview - Hengshuo Co., Ltd. was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 29, 2022, with an initial public offering (IPO) of 20.66 million shares, representing 25% of the total shares post-issue [1] - The IPO price was set at 65.11 yuan per share, raising a total of 1.345 billion yuan (134,517.26 million yuan) [1] - After deducting issuance costs, the net proceeds amounted to approximately 1.210 billion yuan (120,964.04 million yuan), exceeding the original fundraising target by 455.76 million yuan [1] Group 2: Fund Utilization - The funds raised are intended for several projects, including the upgrade and industrialization of NOR flash memory chips, general MCU chip upgrades, the development of CiNOR integrated AI inference chips, and technology reserve projects [1] - The total issuance costs were 135.53 million yuan, with the lead underwriter, Guoyuan Securities, receiving 109.21 million yuan in underwriting and sponsorship fees [1] Group 3: Shareholder Information - The controlling shareholders and actual controllers of Hengshuo Co., Ltd. are Xiang Dong Lu (American nationality) and Lü Yi Nan (Chinese nationality) [2]