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Huifeng diamond subscription today issue price 28.18 yuan / shares


Post Date: 29 Jun 2022    Viewed: 245
Zhecheng Huifeng diamond technology share co., ltd.?Huifeng diamond? announced on June 24 that its Beijing Stock Exchange IPO online application will be made on June 29, 2022, with a public offering of no more than 12.65 million shares (including over-allotment option) at an issue price of RMB 28.18 per share. Total proceeds are expected to be RMB 310 million, and if the over-allotment option is exercised in full, the total proceeds could reach RMB 356 million.

Located in Zhecheng County, Shangqiu City, Huifeng Diamond is a manufacturer of diamond micropowder in the superhard material industry, mainly engaged in the research and development, production and sales of diamond micropowder and diamond crushing and shaping materials.

For this IPO, Huifeng Diamond intends to use the proceeds for diamond micropowder intelligent production base expansion project, R&D center upgrade construction project and supplementary working capital. 

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