Core Viewpoint - Linping Development, a leading company in the recycling paper industry in Anhui, has initiated its public offering today, aiming to raise funds for expanding its production capacity and enhancing its green manufacturing capabilities [1] Group 1: Company Overview - Linping Development is recognized for its strong presence in the recycling paper sector, having over 20 years of experience in the industry [1] - The company has a current production capacity of 1.15 million tons, ranking among the top 30 paper manufacturers in China [1] - Linping Development's business model focuses on "green manufacturing + circular economy," aligning with national industrial policies and economic development strategies [1] Group 2: Public Offering Details - The company is offering 18.8537 million shares at a price of 37.88 yuan per share, with a post-issue total share capital of 75.4148 million shares [1] - The public offering's price-to-earnings ratio is set at 18.69 times [1] - The online subscription code for the offering is 732284, with an online issuance volume of 7.541 million shares [1] Group 3: Fund Utilization - The raised funds will primarily be allocated to the construction of a "90,000 tons per year green and intelligent manufacturing new materials project (Phase II)" and a "60,000 tons per year bio-based fiber green intelligent manufacturing new materials project" [1] - Upon completion, the projects will add a new production line for 600,000 tons of boxboard, a 300,000 tons boxboard production line, and a 300,000 tons corrugated paper production line [1]
林平发展今日开启申购 产销规模领先