Zhong Guo Jing Ji Wang·2025-10-28 08:17Core Points - Weimars (688612.SH) closed at 37.52 yuan, with a decline of 8.04%, resulting in a total market capitalization of 15.728 billion yuan [1] - The stock is currently in a state of decline since its initial public offering (IPO) [1] Summary by Sections IPO Details - Weimars was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 26, 2023, with an issuance of 42.1 million shares at a price of 47.29 yuan per share [1] - The stock reached a peak price of 62.00 yuan on its first trading day, marking the highest price since its listing [1] Fundraising Information - The total amount raised from the IPO was 1.9909 billion yuan, with a net amount of 1.8358 billion yuan after deducting non-tax issuance costs [1] - The net amount raised exceeded the original plan by 503.5 million yuan [1] - The funds are intended for projects including the production base for new energy vehicle power products, the establishment of a new experimental center for new energy vehicle power in Longgang Baolong, and to supplement working capital [1] Issuance Costs - The total issuance costs for the IPO amounted to 155.1 million yuan (excluding VAT), with underwriting and sponsorship fees accounting for 115.5 million yuan [1]