Reported 8 months ago
Yuqing-KY (6957) conducted a public subscription for 1,105 shares at a price of 138 yuan per share before listing, attracting a total of 93,000 applications and freezing approximately 12.86 billion yuan in the market. The draw was held on the 19th with an oversubscription rate of only 1.18%, indicating strong market interest. Yuqing is set to be listed on the 25th. The company aims to strengthen its operations by expanding its commercial display rack business customer base and collaborating with well-known manufacturers to develop Ai sleep intelligent sleep beds and related sensor product series, deepening its layout in the intelligent electric bed mechanism component field. Looking ahead to 2024, Yuqing is cautiously optimistic as it continues to expand its global business order layout and negotiates cooperation opportunities with globally renowned chain cosmetic brand clients, in addition to maintaining strong demand from major clients and observing changing technology and consumer trends.
Source: YAHOO