Core Viewpoint - New Jufeng (301296.SZ) is currently experiencing a decline in stock price, closing at 8.64 yuan with a drop of 5.37%, indicating it is in a state of breaking below its initial public offering price [1] Company Summary - New Jufeng was listed on the Shenzhen Stock Exchange's ChiNext board on September 2, 2022, with an initial public offering of 63 million shares, representing 15% of the total share capital post-IPO, at a price of 18.19 yuan per share [1] - The stock reached a peak price of 22.07 yuan on its first trading day, marking the highest price since its listing [1] - The total amount raised from the IPO was 1.14597 billion yuan, with a net amount of 1.05571 billion yuan, exceeding the original plan by 515.71 million yuan [1] - According to the prospectus disclosed on August 30, 2022, the company aimed to raise 540 million yuan for projects including the expansion of sterile packaging materials production, new sterile packaging sheet materials production, and the construction of a second phase R&D center, as well as to supplement working capital [1] Underwriting and Fees - The lead underwriter for New Jufeng's IPO was CITIC Securities Co., Ltd., with representatives Sun Pengfei and Liu Ruichen [1] - The total issuance costs (excluding VAT) amounted to 90.2582 million yuan, with CITIC Securities receiving underwriting fees of 68.7582 million yuan [1]