Huada Gene officially opened for purchase on the 5th of next month
On June 27, Huada Gene released the “Investor of Shenzhen Huada Gene Co., Ltd. Initial Public Offering and Initial Placing and Promotion Announcement on GEMâ€. The announcement shows that Huada Gene Stock will be held on July 5, 2017. Officially open online subscriptions, including offline subscription time of 9:30-15:00, online subscription time of 9:15-11:30, 13:00-15:00. The announcement pointed out that this issue will be used to place an online inquiry to eligible investors for inquiry (hereinafter referred to as "offline distribution") and online to public investors holding the market value of non-restricted A shares in Shenzhen market. The issuance (hereinafter referred to as "online distribution") is carried out in a combined manner, and the issuer and CITIC Securities will directly determine the issue price through the initial inquiry under the net. According to the publication of the initial public offering of A shares by Huada Gene and the listing of the letter of intent on the GEM, the public offering of shares does not exceed 40.1 million shares, all of which are publicly issued new shares, and no old shares are transferred. It is planned to raise 1.732 billion yuan. Its issue price is around 43.3 yuan. According to another reviewed financial statement released on the same day, from January 1, 2017 to March 31, 2017, Huada Gene realized operating income of 388 million yuan and realized operating profit of 111 million yuan.
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