Core Viewpoint - The company N Hengtong (920045) has made a significant debut on the Beijing Stock Exchange, with its stock price soaring by 878.16% by the end of the trading day after an initial increase of 1007.95% at the opening [1][2]. Company Overview - N Hengtong specializes in the research, development, manufacturing, and sales of passive optical devices in the optical communication sector [1]. - The company reported net profits of 55.33 million yuan in 2022, 64.53 million yuan in 2023, and is projected to reach 148 million yuan in 2024 [2]. IPO Details - The company issued 10.25 million shares at an initial price of 31.59 yuan, resulting in a price-to-earnings ratio of 14.99 [2]. - The strategic placement of shares accounted for 1.025 million shares, representing 10% of the initial offering size [2]. - The online subscription for the IPO saw an effective application amounting to 2,678,524.53 million shares, with a subscription multiple of 2903.55 times and 588,800 effective applicants, leading to an allocation ratio of 0.03% [2]. Market Performance - The trading volume for N Hengtong reached 10.8262 million shares, with a total transaction value of 3.648 billion yuan and a turnover rate of 53.79% [1]. - The first-day closing price was 309.00 yuan, marking a substantial increase from the issue price [2].
北交所新股N蘅东光首日收盘上涨878.16%