N道生收盘涨396.32% 首日换手率79.61%

Core Points - N Daosheng (601026) was listed today, opening with a rise of 314.21% and closing with an increase of 396.32%, with a total trading volume of 85.3286 million shares and a turnover of 2.301 billion yuan, resulting in a turnover rate of 79.61% [2] Company Overview - The company specializes in the research, production, and sales of high-performance thermosetting resin systems based on raw materials such as epoxy resin, polyurethane, acrylic, and organic silicon [2] IPO Details - The total number of shares issued in this IPO was 132 million, with an online issuance of 72.129 million shares at an issue price of 5.98 yuan per share. The issue price-to-earnings ratio was 29.05 times, compared to the industry average of 27.90 times. The final online issuance winning rate was 0.04220717% [2] - The total funds raised from the IPO amounted to 789 million yuan, which will primarily be allocated to projects including the annual production of 78,000 tons of high-end adhesives for new energy and power batteries, high-performance composite material resin systems, repayment of bank loans, and supplementing working capital [2]