Paguld Landing on ChiNext | First Stock of Wind Turbine Lubrication Systems

Release time:

2023-07-19


Abstract

On July 14, Qingdao Pangu Intelligent Manufacturing Co., Ltd. was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange. The stock is referred to as "Pangu Intelligent" and the stock code is "301456". The number of initial public offerings is 37.15 million shares, and the issue price is 37.96 Yuan/share, the issuance price-earnings ratio is 56.64 times.

On July 14, Qingdao Pangu Intelligent Manufacturing Co., Ltd. was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange. The stock is referred to as "Pangu Intelligent" and the stock code is "301456". The number of initial public offerings is 37.15 million shares, and the issue price is 37.96 Yuan/share, the issuance price-earnings ratio is 56.64 times. As of the close, the closing price of N Pangu on the first day was 50.48 yuan/share, up 32.98, with a turnover of 1.249 billion yuan and a total market value of 7.501 billion yuan.

Pangu Intelligent focuses on the R & D, production and sales of centralized lubrication systems, hydraulic systems and parts. It has accumulated rich manufacturing experience and process technology advantages in product structure design, precision processing, product testing and other production links. Its products can be widely used in wind power generation, construction machinery, rail transit and other fields, and occupy a leading advantage in the domestic wind turbine market. In 2020, the market share in the field of centralized lubrication system will reach about 54.8, ranked first in the country.

With the powerful and loud bell, the blessing of leaders and warm applause, listing on the Shenzhen Stock Exchange is a new starting point for Pangu intelligence to face the future. Pangu intelligence will surely be able to ride the wind and waves and overcome difficulties, driven by technology and capital, It will make new contributions to the strong development of China's manufacturing industry and real economy, and open a new era of development for the company.

After the successful issuance and listing, with the help of the power of the capital market, Pangu Intelligent's financial strength will be greatly improved, thereby driving the improvement of R & D capabilities, production capabilities, business development capabilities, and expanding industry influence. Looking to the future, Pangu Intelligence will continue to focus on the national industrial policy, adhere to the overall direction of serving clean energy, equipment energy saving and high-end equipment, and strengthen the centralized lubrication system of fans. On the basis of our business, we will further expand other business areas and strive to become a world-class manufacturer of centralized lubrication systems and hydraulic systems!

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