大明电子股份有限公司首次公开发行股票主板上市公告书提示性公告

Core Viewpoint - Daming Electronics Co., Ltd. is set to list its common shares on the Shanghai Stock Exchange on November 6, 2025, following approval from the Shanghai Stock Exchange [1] Summary by Sections Listing Overview - Stock name: Daming Electronics - Stock code: 603376 - Total shares after IPO: 4,000.10 million shares - All shares issued are new shares, with no existing shares being transferred [4] Financial Metrics - The IPO price is set at 12.55 CNY per share, corresponding to a price-to-earnings (P/E) ratio of: - 16.02 times based on the net profit attributable to shareholders before non-recurring gains and losses for the fiscal year 2024 [4] - 16.18 times based on the net profit attributable to shareholders after non-recurring gains and losses for the fiscal year 2024 [5] - 17.80 times based on the diluted earnings per share (EPS) before non-recurring gains and losses after the IPO [5] - 17.97 times based on the diluted EPS after non-recurring gains and losses after the IPO [5] - The average static P/E ratio for the automotive manufacturing industry is 30.42 times as of October 21, 2025 [5] Risks - The initial trading period for new stocks has no price fluctuation limits for the first five trading days, which may lead to significant price volatility [2] - The number of circulating shares post-IPO is relatively low, with only 3,103.7597 million shares available for trading, representing 7.76% of the total shares, indicating potential liquidity risks [3] - The IPO price results in a P/E ratio lower than the industry average, which may pose a risk of stock price decline [7] - Stocks will be eligible for margin trading from the first day of listing, which could introduce additional price volatility and liquidity risks [8]