Core Points - Daosheng Tianhe (601026.SH) closed at 25.96 yuan, with a decline of 12.53% on October 20 [1] - The company was listed on the Shanghai Stock Exchange on October 17, issuing 131,880,000 shares at a price of 5.98 yuan per share [1] - The total funds raised from the issuance amounted to 788.64 million yuan, with a net amount of 686.95 million yuan after deducting issuance costs [1] Fundraising and Use of Proceeds - The company plans to raise 693.55 million yuan, as stated in its prospectus published on October 13, 2025 [1] - The funds will be allocated to the production of 56,000 tons of high-end adhesives for new energy and power batteries, and for repaying bank loans [1] - The total issuance costs (excluding VAT) were 101.69 million yuan, with underwriting and sponsorship fees amounting to 64.67 million yuan [1]
道生天合上市第二个交易日跌12.53%