ASR(SH:688220) Zhong Guo Jing Ji Wang·2025-09-09 08:25Core Viewpoint - Aojie Technology (688220.SH) is currently experiencing a decline in stock price, closing at 94.57 yuan with a drop of 3.08%, indicating it is in a state of underperformance since its IPO [1] Group 1: IPO Details - Aojie Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 14, 2022, with an initial stock issuance of 41.83 million shares at a price of 164.54 yuan per share [1] - The stock opened below its issue price on the first trading day, reaching a peak of 130.11 yuan, which remains the highest price since its listing [1] Group 2: Fundraising and Financials - The total amount raised from the IPO was 6.883 billion yuan, with a net amount of 6.546 billion yuan after deducting issuance costs, exceeding the initial fundraising plan by 4.166 billion yuan [1] - The company planned to raise 2.380 billion yuan for various projects, including new communication chip design, smart IPC chip design, and high-precision navigation solutions, among others [1] - The total issuance costs amounted to 337 million yuan, with underwriting and sponsorship fees accounting for 310 million yuan [1]