Zhong Guo Jing Ji Wang·2025-09-16 07:57Group 1 - The core viewpoint of the news is that Conglin Technology (688370.SH) is currently experiencing a significant decline in stock price, with a drop of 7.72% and a market capitalization of 3.525 billion yuan, indicating it is in a state of underperformance since its IPO [1] - Conglin Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 25, 2022, with an initial public offering (IPO) price of 59.76 yuan per share, and the number of shares issued was 26,606,185, accounting for 25.01% of the total share capital post-IPO [1] - The total amount raised by Conglin Technology during the IPO was 1.5899856 billion yuan, but the net amount after deducting issuance costs was 1.4368896 billion yuan, which is 593.1104 million yuan less than the original plan of 2.03 billion yuan [1] Group 2 - The issuance costs for Conglin Technology totaled 153.096 million yuan, with the lead underwriter, CITIC Securities, receiving 127.1988 million yuan as underwriting fees [2] - On June 29, 2023, Conglin Technology announced its annual profit distribution plan, which included a cash dividend of 2.8 yuan per share (tax included) and a capital reserve transfer of 0.3 shares for every share held, resulting in a total cash distribution of 297.92 million yuan and a transfer of 31.92 million shares [2] - Following the distribution, the total share capital of Conglin Technology increased to 138.32 million shares, with the record date for the distribution set for July 4, 2023, and the ex-dividend date on July 5, 2023 [2]