Shenzhen King Brother Electronics Technology’s IPO to debut on Shenzhen Stock Exchange


Source: chinaknowledge.com chinaknowledge.com

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Aug 10, 2021 (China Knowledge) - Shenzhen King Brother Electronics Technology (301041) to start trading on the Shenzhen ChiNext Market Aug 11, tomorrow. The firm has issued 26.68 mln shares priced at RMB 7.31 per share raising RMB 195.03 mln. Its price-to-earnings ratio (PE) stands at 15.32. During subscription the IPO was 6,754 times oversubscribed. AJ Securities acts as the lead underwriter and sponsor for the IPO. Shenzhen King Brother Electronics Technology is a manufacturer of audio and video equipment. The Company was founded in May 1997 and is located in Shenzhen, China. In FY 2020, Shenzhen King Brother Electronics...