News Snapshot:
Nov 01, 2021 (China Knowledge) - Zhejiang Zhengguang Industrial (301092) to start trading on the Shenzhen ChiNext Market Nov 2, tomorrow. The firm has issued 33.33 mln shares priced at RMB 36.31 per share raising RMB 1.21 bln. Its price-to-earnings ratio (PE) stands at 54.59. During subscription the IPO was 6,612 times oversubscribed. Guosen Securities acts as the lead underwriter and sponsor for the IPO. Zhejiang Zhengguang Industrial of China operates resin product manufacturing businesses. The company produces general purpose resins, amphoteric resins, powder resins, and other resin products. Zhejiang Zhengguang Industrial conducts businesses across worldwide. In FY 2020, Zhejiang...
