A-share subscription | Xinxing Tools (301677.SZ) opens subscription. The revenue of the ring drilling series products accounts for more than 80%.

According to the Wise Wealth APP, on July 20th, Zhejiang Xinxing Tools Co., Ltd. (referred to as Xinxing Tools (301677.SZ)) started its subscription with an issue price of 33.58 yuan per share and a subscription limit of 6,000 shares. The price-earnings ratio is 17.17 times and it belongs to the ChiNext Board of the Shenzhen Stock Exchange. Huatai United Securities is the sponsor institution.