Hualan Group's IPO to debut on Shenzhen Stock Exchange ChinaKnowledge China Knowledge


Source: chinaknowledge.com chinaknowledge.com

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Jul 14, 2021 (China Knowledge) - Hualan Group (301027) to start trading on the Shenzhen ChiNext Market Jul 15, tomorrow. The firm has issued 36.80 mln shares priced at RMB 11.45 per share raising RMB 421.36 mln. Its price-to-earnings ratio (PE) stands at 15.11. During subscription the IPO was 5,961 times oversubscribed. Pacific Securities acts as the lead underwriter and sponsor for the IPO. Hualan Group is a China-based company principally engaged in the engineering design, land and space planning, engineering general contracting management and engineering consulting services. Engineering design service includes architectural engineering design, municipal engineering design, landscape engineering...