Reported 7 months ago
FTNN News Network reported that Yunpao Energy (6869) is set to transfer from the Innovation Board to the General Board on June 19, becoming the first Taiwanese company to do so. With over 97,000 participants in the public subscription, the lottery was completed today with a winning rate of 2.09% based on 2,040 shares applied. At a maximum price of 130.5 yuan on the Innovation Board today, and an offer price of 111 yuan per share, successful applicants are expected to earn nearly 20,000 yuan. Yunpao Energy's recent announcement showed a May revenue of 257 million yuan, a 59.43% increase from the same period last year, and a total revenue of 1.471 billion yuan from January to May this year, up 4.33% from last year. The company's earnings are driven by energy storage projects, sewage treatment contract projects, and the strong growth of green energy transactions, positioning it as a long-term profitable player in the industry.
Source: YAHOO