Qiangbang New Material (001279.SZ) IPO is priced at 9.68 yuan per share, and subscription will start on September 25th.

Qiangbang New Materials (001279.SZ) announced that based on the preliminary inquiry results, the issuer and the sponsor (lead underwriter) comprehensively considered factors such as remaining quotations and intended purchase quantities, effective subscription multiples, reasonable investment value of the issuer, industry secondary market valuation levels, fundamental factors of the issuer, industry positioning, market conditions, valuation levels of listed companies in the same industry, fundraising needs, and underwriting risks. It was negotiated and determined that the issue price for this issuance is 9.68 yuan/share, and there will be no cumulative tender offer inquiry for offline issuance. Investors are requested to apply for online and offline subscriptions at this price on September 25, 2024 (T day), without the need to pay subscription funds. The offline subscription date for this issuance is the same as the online subscription date, both on September 25, 2024 (T day), with offline subscription time from 9:30 to 15:00, and online subscription time from 9:15 to 11:30, and 13:00-15:00.