Core Viewpoint - N Daming (603376) debuted today with a significant opening increase of 386.85%, which further expanded to 433.15% by midday, indicating strong market interest and investor confidence in the company's potential [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 driver 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 in this IPO was 40.01 million, with an online issuance of 22.40 million shares at a price of 12.55 yuan per share [2] - The issuance price corresponds to a price-to-earnings ratio of 17.97, compared to the industry average of 30.42 [2] - The final online subscription rate was 0.02516657%, and the total fundraising amount was 502 million yuan, primarily allocated to the new factory project (Phase II) of Daming Electronics (Chongqing) Co., Ltd. and to supplement working capital [2]
N大明上午收盘涨433.15% 半日成交13.60亿元