Core Viewpoint - Shanghai Yufan Environmental Technology Co., Ltd. (referred to as "Yufan Technology" or "the Company") is set to list its ordinary shares on the Shenzhen Stock Exchange on December 30, 2025, following approval from the Shenzhen Stock Exchange [1] Group 1: Listing Details - Stock abbreviation: Yufan Technology [4] - Stock code: 001396 [4] - Total share capital after the initial public offering (IPO): 106,902,416 shares [4] - Number of shares offered in the IPO: 26,730,000 shares [4] Group 2: Pricing and Valuation - The IPO price is set at 22.29 yuan per share, which corresponds to a diluted price-to-earnings (P/E) ratio of 19.77, lower than the industry average P/E ratio of 35.36 as of December 15, 2025 [8][7] - The Company’s P/E ratio is significantly lower than the average for comparable companies in the professional technical services industry [8][7] Group 3: Market Risks - The initial trading period will not have a price limit for the first five trading days, followed by a 10% price limit thereafter, indicating potential for significant price volatility [3] - The stock will be available for margin trading from the first day of listing, which may introduce additional price fluctuation risks [4] - The number of freely tradable shares post-IPO is limited, with only 22,207,144 shares available, representing approximately 20.77% of the total share capital, which may lead to liquidity risks [6]
上海誉帆环境科技股份有限公司 首次公开发行股票并在主板上市之上市公告书提示性公告