Core Points - Daosheng Tianhe (601026.SH) reached a record low stock price of 23.51 yuan since its listing, closing at 23.66 yuan with an 8.86% decline, resulting in a total market capitalization of 15.601 billion yuan [1] - The company was listed on the Shanghai Stock Exchange on October 17, issuing 131,880,000 shares at an initial price of 5.98 yuan per share, with CITIC Securities as the lead underwriter [1] - The total funds raised from the issuance amounted to 788.6424 million yuan, with a net amount of 686.9501 million yuan after deducting issuance costs [1] - The prospectus indicated that the funds would be used for a project to produce 56,000 tons of high-end adhesives and high-performance composite resin systems, as well as to repay bank loans [1] Financial Details - The total issuance costs (excluding VAT) were 101.6923 million yuan, with underwriting and sponsorship fees accounting for 64.6687 million yuan [2]
道生天合上市第4个交易日跌8.86%创新低