HES(SZ:002963) Zhong Guo Jing Ji Wang·2025-10-27 08:37Core Viewpoint - Haosai (002963.SZ) has experienced a significant decline, hitting the daily limit down at 16.70 yuan, representing a drop of 10.02%, and is currently in a state of share price decline since its IPO [1] Company Overview - Haosai was listed on the Shenzhen Stock Exchange on October 28, 2019, with an initial public offering (IPO) of 37.59 million shares at a price of 23.66 yuan per share [1] - The stock reached a peak price of 45.35 yuan just four trading days after its listing on October 31, 2019, but has since experienced a downward trend [1] Fundraising and Utilization - The total amount raised by Haosai during its IPO was 889 million yuan, with a net amount of 801 million yuan after deducting issuance costs [1] - The funds were allocated as follows: 650 million yuan for operational funds for engineering projects, 55.52 million yuan for the R&D and testing center for LED lighting, 42.01 million yuan for remote intelligent monitoring systems and display centers, and 53.27 million yuan for upgrading marketing and service networks [1] Underwriting Costs - The total issuance costs for Haosai amounted to 88.58 million yuan, with the underwriting and sponsorship fees for the lead underwriter, Changjiang Securities, totaling 67.12 million yuan [1]