On April 21, the IPO ceremony of Peric Special Gases Co.,Ltd., a subsidiary of CSSC, was held at Shanghai Stock Exchange.
[Photo: CSSC]
This is the 12th listed company under CSSC, and the first listed company to publicly issue A-shares on the Science and Technology Innovation Board after the reorganization of CSSC.
The listing price of Peric is 36.15 yuan per share, with a P/E ratio of 59.43 times. The raised funds for the listing are 2.87 billion yuan, and together with the initial investment of 760 million yuan, a total of 3.63 billion yuan has been raised.
By Xinde Marine News Sarah Yu
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