News Snapshot:
Aug 11, 2021 (China Knowledge) - Shenzhen Jove (300814) to start trading on the Shenzhen ChiNext Market Aug 12, tomorrow. The firm has issued 43.96 mln shares priced at RMB 8.4 per share raising RMB 369.26 mln. Its price-to-earnings ratio (PE) stands at 15.87. During subscription the IPO was 5,978 times oversubscribed. Dongxing Securities acts as the lead underwriter and sponsor for the IPO. Shenzhen Jove produces and sells circuit board. In FY 2020, Shenzhen Jove garnered a total revenue of RMB 1.08 bln, down 3% YoY. In terms of net income, it achieved RMB 102.96 mln, rising 10% YoY....
