Core Viewpoint - N Daming has been listed today with an opening price of 61.10 yuan, representing an increase of 386.85% from its issue price of 12.55 yuan [2] Company Overview - N Daming specializes in the automotive electronic components sector, focusing on the design, development, production, and sales of automotive body electronic control systems [2] - The company's main products include driving assistance systems, cockpit central control systems, intelligent optoelectronic systems, window control systems, and seat adjustment systems [2] - N Daming aims to become a leading provider in the industry with world-class competitiveness in automotive body electronic control system solutions [2] Financial Highlights - The total number of shares issued by N Daming is 40.01 million, with 22.40 million shares offered online [2] - The issuance price was set at 12.55 yuan per share, with an issuance price-to-earnings ratio of 17.97, compared to the industry average of 30.42 [2] - The total funds raised from the initial public offering (IPO) amount to 502 million yuan, primarily allocated to the new factory project of Daming Electronics (Chongqing) Co., Ltd. (Phase II) and to supplement working capital [2] Recent IPO Performance - N Daming's first-day performance is notable, with a significant increase compared to other recent IPOs in various sectors, such as C Fengbei and Danna Biology, which had first-day increases of 169.50% and 447.95%, respectively [2][3]
N大明上市首日开盘上涨386.85%