Xin Lang Cai Jing·2025-09-09 09:12Company Overview - Full Name: Hubei Ping An Electric Technology Co., Ltd [1] - Abbreviation: Ping An Electric [1] - Stock Code: 001539.SZ [1] - IPO Application Date: July 1, 2022 [1] - Listing Date: March 28, 2024 [1] - Listing Board: Shenzhen Main Board [1] - Industry: Non-metallic Mineral Products [1] - IPO Sponsor: CITIC Securities [1] - Sponsor Representatives: Liu Xiao Jie, Peng Jie [1] - IPO Legal Advisor: Beijing Deheng Law Firm [1] - IPO Audit Firm: Tianjian Accounting Firm (Special General Partnership) [1] IPO Performance - Underwriting and Sponsorship Fees: 55.3274 million yuan [1] - Underwriting and Sponsorship Commission Rate: 6.86%, lower than the average of 7.71% [1] - First Day Stock Price Increase: 90.40% compared to the issue price [1] - Stock Price Increase in Three Months: 29.49% compared to the issue price [1] - Issuance Price-Earnings Ratio: 25.88 times, significantly higher than the industry average of 14.58 times, representing 177.58% of the industry average [1] - Expected Fundraising Amount: 887 million yuan, Actual Fundraising Amount: 807 million yuan, a decrease of 9.09% [1] Financial Performance - Revenue Growth Year-on-Year: 14.04% [1] - Net Profit Growth Year-on-Year: 31.18% [1] - Non-recurring Net Profit Growth Year-on-Year: 27.61% [1] IPO Evaluation - Abandonment Rate: 0.47% [1] - Total Score for IPO Project: 80 points, classified as Grade B [1] - Negative Factors Affecting Score: Disclosure quality needs improvement, long listing cycle, high issuance price-earnings ratio, reduced actual fundraising amount, and abandonment rate of 0.47% [1]